Are Wall Street Analysts Bullish on Entergy Stock?

Core Insights - Entergy Corporation (ETR) is an integrated energy company with a market cap of $43.3 billion, serving approximately 3 million customers across multiple states [1] - The company has shown strong stock performance, with ETR shares increasing 29.4% over the past 52 weeks, outperforming the S&P 500 Index's 14.5% gain [2] - Entergy's third-quarter earnings report indicated adjusted earnings of $1.53 per share, a slight increase from $1.50 a year earlier, with net income rising to $694 million from $645 million [4] Financial Performance - The utility segment has been the primary earnings driver, benefiting from higher retail sales and favorable regulatory outcomes [4] - Analysts project ETR's EPS to grow 6.9% year-over-year to $3.90 for the fiscal year ending in December 2025 [5] - Entergy has a strong earnings surprise history, beating consensus estimates in the last four quarters [5] Analyst Ratings - Among 21 analysts covering the stock, the consensus rating is a "Moderate Buy," with 14 "Strong Buy" ratings, one "Moderate Buy," and six "Holds" [5] - J.P. Morgan analyst Jeremy Tonet reiterated a "Buy" rating on Entergy with a price target of $113, indicating a potential upside of 20.2% from the Street-high price target of $116 [6]