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Xcel Energy Inc. (NASDAQ:XEL) is one of the

10 Best Slow Growth Stocks to Buy According to Analysts.

On April 22, 2026, BMO Capital raised the price target on Xcel Energy Inc. (NASDAQ:XEL) to $94 from $90 and maintained an Outperform rating ahead of Q1 results. The firm said investor focus is likely to center on the company’s regulatory calendar, including the Minnesota Electric ALJ expected at the end of April and intervenor testimony in the Colorado electric case, while noting Xcel’s footprint provides access to a renewables-rich region in the U.S.

On April 21, 2026, KeyBanc raised its price target on Xcel Energy Inc. (NASDAQ:XEL) to $90 from $89 and kept an Overweight rating, citing solid year-to-date performance in the utilities sector and a still constructive valuation backdrop, while expecting a relatively quiet Q1 with limited earnings surprises.

On April 20, 2026, Truist analyst Richard Sunderland initiated coverage of Xcel Energy Inc. (NASDAQ:XEL) with a Buy rating and a $95 price target as part of a broader launch across the power and utilities group. Richard Sunderland said vertically integrated electric utilities are “clear winners” in supporting data center-driven load growth and identified Xcel among the firm’s top picks.

Xcel Energy Inc. (NASDAQ:XEL) operates regulated electric and natural gas utility businesses in the United States.

While we acknowledge the potential of XEL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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