Entergy Stock Surges Past Market YTD

Entergy Corporation (ETR), an integrated energy company based in New Orleans, Louisiana, has seen its stock outperform the broader market year-to-date in 2026. ETR shares have risen 16.7%, surpassing the S&P 500 Index's 13.7% increase.

This positive trend follows a period of relative underperformance over the past year, during which ETR gained 19.4% compared to the S&P 500's 20.4% rally. The company also lagged behind the State Street Utilities Select Sector SPDR ETF (XLU) over the past year and year-to-date.

In its second quarter report on July 29, Entergy's adjusted earnings per share (EPS) of $1.03 beat Wall Street expectations of $0.94. However, the company's revenue of $3.52 billion narrowly missed forecasts of $3.53 billion. For the full year, ETR anticipates adjusted EPS between $4.25 and $4.45.

Analysts maintain a highly optimistic view of ETR stock, with 23 analysts covering it. The consensus rating is a "Strong Buy," comprising 16 "Strong Buy" recommendations, one "Moderate Buy," and six "Hold" ratings. This sentiment has strengthened from three months prior when the overall rating was "Moderate Buy."

Anthony Crowdell, an analyst at Mizuho Financial Group, Inc., reiterated a "Buy" rating on ETR on July 31, setting a price target of $121, which suggests a potential 12.2% upside from its current valuation.