NRG Energy (NRG) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $4.68
- Estimate
- $3.03
- Surprise
- +54.5%
- Revenue (period 2026-09-30)
- $9.34B
- Score today
- 6.0/10
Revenue source: xbrl.
How the report landed
NRG Energy (NRG) beat the $3.03 estimate with adjusted EPS of $4.68 — a large 54.5% upside surprise.
Coverage in the report window
- Dow Surges 1,100 Points As Oil Prices Fall: Investor Sentiment Improves, Greed Index Moves To ‘Fear’ Zone — benzinga, 2026-11-10
- Crude Oil Falls Over 3%; NRG Energy Shares Jump After Strong Q3 Results — benzinga, 2026-11-09
- NRG Energy Gains After Earnings Beat, $4 Billion Sale Sharpens Buyback and Debt Plans — benzinga, 2026-11-09
Where TrendMatrix's rating stands now
TrendMatrix currently rates NRG Sell at 6.0/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +54.5% surprise compares with a +10.6% four-quarter average.
What supports the rating
- Sector modifier (Utilities): +1.0
- Positive news sentiment (+1.00)
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Leverage penalty (D/E 4.8): -1.5
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $96.27
- Price target
- $150.25
- Stop
- $89.53
- Upside to target
- +56.1%
- Reward-to-risk
- 3.7:1
The stock trades at 17.0× trailing but 9.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-10 — shown for context, not personalized investment advice.
NRG at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Independent Power Producers
- Market cap
- $20.47B
- P/E (fwd)
- 9.3
- P/E (ttm)
- 17.0
- 52-week range
- $79.65–$189.96
- Off 52-week high
- 49.3%
- RSI (14)
- 47
- Volume vs avg
- 0.23×
- Score today
- 6.0/10