Evergy, Inc. (EVRG) Stock Analysis
Breakout setup
Utilities · Utilities - Regulated Electric
Sell if holding. Analyst target reached at $83.59 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.0% away).
Evergy is a regulated electric utility holding company serving ~1.7 million customers in Kansas (~60% of retail revenues, regulated by KCC) and Missouri (~40%, regulated by MPSC), with ~15,800 MW of capacity including coal (37%), wind (29%), natural gas (27%), and nuclear (7%).... Read more
Sell if holding. Analyst target reached at $83.59 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.0% away). Chart setup: Golden cross, above all MAs, RSI 48, MACD bullish. Score 5.1/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About Evergy, Inc.
About Evergy, Inc.
Evergy serves roughly 1.7 million customers in Kansas and Missouri from 15,800 megawatts of total generating capacity and renewable PPAs, with coal at 47%, wind at 28%, uranium at 18%, and natural gas and oil at 7% of the 2025 actual fuel mix. Kansas operations account for about 60% of projected 2026 retail revenues, with Missouri contributing 40%. Rate regulation by the Kansas Corporation Commission (KCC) and Missouri Public Service Commission (MPSC) governs retail pricing across all three utility subsidiaries.
Evergy earns revenue through regulated cost-of-service rates authorized by the KCC and MPSC, which allow recovery of prudently incurred costs plus a return on invested capital. Current authorized ROE is 9.7% for Evergy Kansas Central (effective October 2025) and 9.4% for Evergy Metro's Kansas operations (effective December 2023); current Missouri orders do not contain explicit authorized ROEs. Residential customers represent 37% of revenues, commercial 33%, and industrial 11%, with wholesale and transmission together contributing 14%. Coal supply for 2026 is contracted at approximately 75% of projected requirements through Powder River Basin agreements, with rail transportation contracted for about 70% of 2026 needs. Wolf Creek nuclear generating station, in which Evergy holds an indirect 94% interest, contributes 18% of the actual fuel mix and has uranium supply contracted through 2030 and fabrication services through 2045. The One Big Beautiful Bill Act, signed July 4, 2025, modified federal renewable energy tax credit provisions, adding uncertainty to future tax credit utilization.
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Evergy's generation portfolio carries 37% coal by nameplate capacity, with coal at 47% of the 2025 actual fuel mix — the highest-cost segment at 2.27 cents per kWh delivered. The company targets net-zero CO2e scope 1 and scope 2 emissions by 2050, though the 10-K conditions that goal on enabling technology developments and supportive energy policies, introducing timing uncertainty. EPA coal combustion residual (CCR) rule developments — including extended interpretations of unit closure requirements — may impose modified compliance plans on the Evergy Companies beyond what is currently reflected in authorized rate base, depending on how regulators treat incremental costs.
See also: Utilities · Utilities - Regulated Electric
From Evergy, Inc.'s most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-06-15Recent Developments — Evergy, Inc.
Latest news
- NEWS Evergy to Post Q1 Earnings: What's in Store for the Stock This Season? - Yahoo Finance — Yahoo Finance neutral
- NEWS EVRG Earnings Preview: Evergy Q1 2026 on May 7 - Meyka — Meyka neutral
- NEWS QRG Capital Management Inc. Has $10.18 Million Stock Position in Evergy Inc. $EVRG - MarketBeat — MarketBeat neutral
- NEWS Evergy earnings preview: What to expect - MSN — MSN neutral
- NEWS Evergy Inc. stock underperforms Thursday when compared to competitors despite daily gains - MarketWatch — MarketWatch negative
Generated 2026-06-17T12:41:49Z.
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Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $83.59 — A.R:R is negative (-1.2) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (2.0% away). Chart setup: Golden cross, above all MAs, RSI 48, MACD bullish. Prior stop was $80.52. Score 5.1/10, moderate confidence.
Take-profit target: $82.79 (-0.9% upside). Prior stop was $80.52. Stop-loss: $80.52.
Analyst target reached - limited upside remaining; Near 52-week high (2.0% away); Leverage penalty (D/E 1.6): -1.0.
Evergy, Inc. trades at a P/E of 22.3 (forward 18.4). TrendMatrix value score: 5.4/10. Verdict: Sell.
20 analysts cover EVRG with a consensus score of 4.0/5. Average price target: $90.
What does Evergy, Inc. do?Evergy is a regulated electric utility holding company serving ~1.7 million customers in Kansas (~60% of retail...
Evergy is a regulated electric utility holding company serving ~1.7 million customers in Kansas (~60% of retail revenues, regulated by KCC) and Missouri (~40%, regulated by MPSC), with ~15,800 MW of capacity including coal (37%), wind (29%), natural gas (27%), and nuclear (7%). Revenue comes from regulated retail electric rates; coal represented 47% of actual 2025 fuel generation mix.