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Evergy Inc (EVRG) Stock Forecast & Price Prediction

Live EVRG Stock Price & Analysis

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$62.87

-0.76 (-1.19%)

12 Month Price Forecast For EVRG

$62.87
Current Price
$14.63B
Market Cap
14 Ratings
Buy 9
Hold 5
Sell 0
Wall St Analyst Ratings

Distance to EVRG Price Forecasts

+17.7%
To High Target of $74.00
+5.8%
To Median Target of $66.50
-10.9%
To Low Target of $56.00

EVRG Price Momentum

-0.1%
1 Week Change
+2.5%
1 Month Change
+25.6%
1 Year Change
+2.1%
Year-to-Date Change
-4.0%
From 52W High of $65.47
+30.9%
From 52W Low of $48.04

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: January 23, 2025 6:33 AM UTC

EVRG Analyst Ratings & Price Targets

Based on our analysis of 14 Wall Street analysts, EVRG has a consensus that is bullish. The median price target is $66.50, with forecasts ranging from $56.00 to $74.00. Currently, there are 9 Buy ratings, 5 Hold ratings, and 0 Sell ratings.

With EVRG currently trading at $62.87, the median price forecast suggests a 5.8% upside. The most optimistic forecast comes from at , projecting a 17.7% upside, while Nicholas Campanella at Barclays provides the most conservative target, suggesting a -10.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

EVRG Analyst Consensus

9
Buy
5
Hold
0
Sell

EVRG Price Target Range

Low
$56.00
Average
$66.50
High
$74.00
Current: $62.87

Latest EVRG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for EVRG.

Date Firm Analyst Rating Change Price Target
Jan 2, 2025 Ladenburg Thalmann Paul Fremont Buy Upgrade $68.50
Oct 29, 2024 Mizuho Anthony Crowdell Outperform Initiates $67.00
Oct 21, 2024 Barclays Nicholas Campanella Overweight Maintains $65.00
Oct 16, 2024 Wells Fargo Sarah Akers Overweight Maintains $69.00
Sep 19, 2024 Jefferies Julien Dumoulin-Smith Buy Initiates $70.00
Aug 13, 2024 Barclays Nicholas Campanella Overweight Maintains $64.00
May 14, 2024 Barclays Nicholas Campanella Overweight Maintains $61.00
May 10, 2024 Wells Fargo Sarah Akers Overweight Maintains $62.00
Apr 4, 2024 Ladenburg Thalmann Paul Fremont Neutral Initiates $51.00
Mar 26, 2024 Citigroup Ryan Levine Buy Initiates $64.00
Mar 14, 2024 Barclays Nicholas Campanella Overweight Maintains $55.00
Mar 13, 2024 B of A Securities Julien Dumoulin-Smith Buy Upgrade $57.00
Mar 1, 2024 Wells Fargo Sarah Akers Overweight Maintains $57.00
Jan 22, 2024 Barclays Nicholas Campanella Overweight Maintains $54.00
Jan 22, 2024 Guggenheim Shahriar Pourreza Neutral Downgrade $52.00
Jan 19, 2024 B of A Securities Julien Dumoulin-Smith Neutral Maintains $51.00
Jan 9, 2024 Wells Fargo Sarah Akers Overweight Upgrade $60.00
Oct 3, 2023 B of A Securities Julien Dumoulin-Smith Neutral Upgrade $49.00
Sep 11, 2023 Wolfe Research Steve Fleishman Peer Perform Downgrade $0.00
Aug 23, 2023 Barclays Nicholas Campanella Equal-Weight Initiates $56.00

Stocks Similar to Evergy Inc

The following stocks are similar to Evergy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Evergy Inc (EVRG) Financial Data

Evergy Inc has a market capitalization of $14.63B with a P/E ratio of 17.2x. The company generates $5.78B in trailing twelve-month revenue with a 14.8% profit margin.

Revenue growth is +8.5% quarter-over-quarter, while maintaining an operating margin of +34.4% and return on equity of +8.7%.

Valuation Metrics

Market Cap $14.63B
Enterprise Value $28.45B
P/E Ratio 17.2x
PEG Ratio 15.8x
Price/Sales 2.5x

Growth & Margins

Revenue Growth (YoY) +8.5%
Gross Margin +56.7%
Operating Margin +34.4%
Net Margin +14.8%
EPS Growth +32.4%

Financial Health

Cash/Price Ratio +0.2%
Current Ratio 0.6x
Debt/Equity 137.5x
ROE +8.7%
ROA +2.8%

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Evergy Inc logo

Evergy Inc (EVRG) Company Overview

About Evergy Inc

What They Do

Provides electricity generation and distribution services.

Business Model

The company operates by generating electricity through a diverse mix of sources including coal, renewable energy, and natural gas, which it then transmits and distributes to various customer segments, including residential, commercial, and industrial clients. This diversified approach allows Evergy to stabilize its revenue streams and adapt to changing energy demands.

Additional Information

Incorporated in 2017 and headquartered in Kansas City, Missouri, Evergy, Inc. leverages both traditional and renewable energy sources, positioning itself to take advantage of the growing trend towards sustainable energy solutions in the United States.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Electric

Employees

4,658

CEO

Mr. David A. Campbell

Country

United States

IPO Year

2018

Evergy Inc (EVRG) Latest News & Analysis

EVRG stock latest news image
Quick Summary

Investors continue to seek income, ensuring that dividends remain a popular investment choice.

Why It Matters

Consistent demand for income-generating investments keeps dividend stocks attractive, potentially supporting their prices and offering stability in volatile markets.

Source: The Motley Fool
Market Sentiment: Positive
EVRG stock latest news image
Quick Summary

Long-term rates rise, presenting buying opportunities for utilities like AEP and XEL, with potential total returns of 20%-56% by 2025, supported by strong fundamentals and secure dividends.

Why It Matters

Rising long-term rates create buying opportunities in well-positioned utilities with strong fundamentals, potentially offering significant returns and secure dividends through 2025.

Source: Seeking Alpha
Market Sentiment: Positive
EVRG stock latest news image
Quick Summary

SPY ended 2024 with a 24.89% gain. The top 10 stocks for January 2025 offer a 3.45% dividend yield, significantly higher than the S&P 500. High dividend stocks have returned 16.33% annually since Nov 2020.

Why It Matters

SPY's 24.89% gain shows market resilience, while high-dividend stocks offer attractive yields and strong historical returns, signaling potential for income-focused investment strategies.

Source: Seeking Alpha
Market Sentiment: Positive
EVRG stock latest news image
Quick Summary

EVRG is expanding its operations in the transmission market through strategic investments in renewable assets, which is expected to enhance its performance.

Why It Matters

EVRG's expansion into the transmission market and renewable assets can enhance growth potential and profitability, positively influencing stock performance and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Positive
EVRG stock latest news image
Quick Summary

Investors may consider NJR, D, and EVRG for stable performance and potential shareholder value growth, indicating consistent income opportunities.

Why It Matters

NJR, D, and EVRG's stable performance and potential for shareholder value increase indicate reliable income opportunities, attracting risk-averse investors seeking steady returns.

Source: Zacks Investment Research
Market Sentiment: Positive
EVRG stock latest news image
Quick Summary

Utility stocks provide stability and reliable dividends, making them attractive defensive investments. Strategies for identifying the best options are discussed.

Why It Matters

Utility stocks provide stability and consistent dividends, appealing to risk-averse investors, especially during market volatility, making them a strategic addition to a diversified portfolio.

Source: Kiplinger
Market Sentiment: Positive

Frequently Asked Questions About EVRG Stock

What is Evergy Inc's (EVRG) stock forecast for 2025?

Based on our analysis of 14 Wall Street analysts, Evergy Inc (EVRG) has a median price target of $66.50. The highest price target is $74.00 and the lowest is $56.00.

Is EVRG stock a good investment in 2025?

According to current analyst ratings, EVRG has 9 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $62.87. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for EVRG stock?

Wall Street analysts predict EVRG stock could reach $66.50 in the next 12 months. This represents a 5.8% increase from the current price of $62.87. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Evergy Inc's business model?

The company operates by generating electricity through a diverse mix of sources including coal, renewable energy, and natural gas, which it then transmits and distributes to various customer segments, including residential, commercial, and industrial clients. This diversified approach allows Evergy to stabilize its revenue streams and adapt to changing energy demands.

What is the highest forecasted price for EVRG Evergy Inc?

The highest price target for EVRG is $74.00 from at , which represents a 17.7% increase from the current price of $62.87.

What is the lowest forecasted price for EVRG Evergy Inc?

The lowest price target for EVRG is $56.00 from Nicholas Campanella at Barclays, which represents a -10.9% decrease from the current price of $62.87.

What is the overall EVRG consensus from analysts for Evergy Inc?

The overall analyst consensus for EVRG is bullish. Out of 14 Wall Street analysts, 9 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $66.50.

How accurate are EVRG stock price projections?

Stock price projections, including those for Evergy Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.