Key facts, as of
As of October 8, 2026, NRG Energy (NRG) trades at $108.61, down 33.2% over the past year. Its 52-week range runs from $93.36 to $189.96; the price is 42.8% below that high. It is 42.8% below its all-time high of $189.96, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +949.7%, against +312.9% for the S&P 500 (SPY). It sits 22.5% below its 200-day average of $140.08, the usual sign of a long-term downtrend. Its 30-day volatility is 45.0% annualized, which we rate high risk. It has a trailing P/E of 28.4 and a dividend yield of 1.75%.
Cite: Portfolio Terminal, "NRG Energy (NRG) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/nrg
Where it trades today
trading 16% of the way up its 52-week range
How the price has moved
How far it is from its record
NRG Energy (NRG) is 42.8% below its all-time high of $189.96, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +949.7%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Rate sensitivity and regulatory visibility matter because the market tends to reward predictable cash generation here.
- NRG trades at 28.4x earnings, well above the utilities average of 16.0x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 45.0%, above the sector norm of 15.0%, so position sizing matters more than usual.
- NRG remains in a bearish short-term trend and sits 42.8% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- NRG is more useful for investors comparing conviction names inside utilities than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in NRG.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for NRG come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Utilities so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as NEE, DUK, SO.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for NRG. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as NEE, DUK, SO.
What NRG Energy does
NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation,…
Employees
16,702
Industry
Utilities - Independent Power Producers
Headquarters
Houston, United States
What analysts expect
NRG carries a buy consensus from 16 analysts, with an average price target of $185.50 versus $108.61 today (+70.8%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
NRG generated $33.12B in trailing revenue (11.0% year over year), with a 2.6% net margin, and $772.37M of free cash flow, against $23.30B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $30.71B | $5.95B | $1.94B | $864.00M | $4.09 | $765.00M |
| 2024 | $28.13B | $6.03B | $2.28B | $1.13B | $5.14 | $1.82B |
| 2023 | $28.82B | $2.34B | -$1.05B | -$202.00M | -$1.12 | -$843.00M |
| 2022 | $31.54B | $4.10B | $2.22B | $1.22B | $5.17 | -$13.00M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
NRG is in 5 of the 30 ETFs we track. It weighs most in VYM: 0.09% of the fund, holding #190 of 603.
Famous investors who hold it
NRG is in the latest 13F of 2 of the 15 famous investors we follow. David Tepper (Appaloosa) holds the most of it: 3.33% of the portfolio, position #10 of 27, as of Q2 2026.
How it sits in utilities
Stable, regulated sector providing electricity, gas, and water services.
The companies it competes with
NRG beside the utilities names it is usually measured against.
What the chart is saying
In a downtrend, below both moving averages.
downtrend- Price is 3.3% below its 50-day average and 22.5% below its 200-day.
- RSI at 55 is neither stretched nor washed out.
- The nearest ceiling is $121.00 (+11.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is NRG a good investment in 2026?
NRG Energy trades at a P/E ratio of 28.4, with high volatility (45.0% annualized). Recent trend shows weakness.
What is the risk level of NRG?
Based on 30-day volatility of 45.0%, NRG has HIGH risk. Beta of 1.16 indicates higher sensitivity to market movements than average.
Does NRG pay dividends?
Yes, NRG Energy has a dividend yield of 1.75%.
How far is NRG from its all-time high?
NRG Energy is 42.8% below its all-time high of $189.96, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +949.7%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold NRG?
5 of the 30 popular ETFs we track hold NRG Energy. The largest weights: VYM (0.09%), VOO (0.04%), VTI (0.03%), SPY (0.03%) and IVV (0.03%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is NRG?
0.04%, as of August 31, 2026: NRG is holding #364 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.35 in NRG Energy.
Which famous investors own NRG?
David Tepper (3.33% of Appaloosa's 13F) and Ray Dalio (0.17% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for NRG?
The average analyst price target for NRG Energy (NRG) is $185.50 based on 16 analyst estimates, about 70.8% above the current price of $108.61. The published range runs from $104.00 to $270.00.
How much revenue does NRG generate?
NRG Energy reported $33.12B in trailing twelve-month revenue. Revenue growth is running at 11.0% year over year. Net margin sits at 2.6%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare NRG with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.