Morgan Stanley cuts target for NRG Energy stock to USD 159.00
Published on 10/06/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NRG Energy (ISIN US6293775085) was trading at EUR 86.62 at Lang & Schwarz on October 6, 2026 at 12:04 p.m. CEST, up 0.76 percent from the EUR 85.97 prior close. The latest analyst action came from Morgan Stanley, which cut its NRG Energy price target from USD 162.00 to USD 159.00 in a note dated September 21, 2026, according to MarketBeat.
Target cut meets mixed results
NRG's second-quarter revenue rose 11.00 percent year over year to USD 7.48 billion, but adjusted earnings per share fell 13.90 percent to USD 1.49 from USD 1.73. Financial Report Insights reported that GAAP net income reached USD 506.00 million in the second quarter of 2026, compared with a USD 104.00 million loss a year earlier.
The comparison shows why the analyst debate is focused on earnings quality rather than revenue alone. Adjusted EBITDA increased 33.90 percent to USD 1.217 billion, while higher interest costs and acquisition-related dilution weighed on adjusted per-share earnings.
Guidance stays wide
Management reaffirmed fiscal 2026 adjusted earnings-per-share guidance of USD 7.90 to USD 9.90, according to the same Q2 analysis. The range gives NRG a USD 1.00 per-share spread between its lower and upper outlook, leaving execution in Texas and the integration of the LS Power assets as important swing factors.
The second-quarter figures also show a sharp operating split. Adjusted EBITDA from the East segment rose to USD 469.00 million from USD 99.00 million, while Texas declined to USD 381.00 million from USD 512.00 million, according to Financial Report Insights.
Stock remains below yearly high
NRG's primary listing is the NYSE, and the USD 96.80 price reported for October 5, 2026 stood 49.04 percent below the USD 189.96 52-week high. The same quote showed a USD 93.36 52-week low, placing the stock USD 3.44 above that floor.
Investing.com lists November 5, 2026 as NRG's next earnings date. Its market data also identifies NRG as a NYSE-listed utility with a USD 20.02 billion market capitalization and a 2.00 percent dividend yield.
Trading reference for Germany
On the NYSE, NRG was last at USD 96.80 on October 5, 2026 at 4:00 p.m. ET. At Lang & Schwarz, the stock was trading at EUR 86.62 on October 6, 2026 at 12:04 p.m. CEST, plus 0.76 percent versus the EUR 85.97 prior close.
The further course of trading is shown by the continuously updated real-time quote of NRG Energy stock.
NRG Energy stock facts
- Company: NRG Energy, Inc.
- ISIN: US6293775085
- Ticker: NRG
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 12:04 p.m. CEST): EUR 86.62
- Change versus prior close: plus 0.76 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 85.97
- Market capitalization: USD 20.0 billion (as of October 5, 2026)
- 52-week range: USD 93.36-189.96 (as of October 5, 2026)
- Sector / Industry: Utilities / Independent Power Producers
- Index membership: S&P 500
- Next earnings date: November 5, 2026
