NRG EnergyNRG
Market Cap: $16B
About: NRG Energy is one of the largest retail energy providers in the us, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home services customers. NRG also is one of the largest us independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Employees: 18,131
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
144% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 64
14% more funds holding
Funds holding: 635 [Q1] → 727 (+92) [Q2]
14% more funds holding in top 10
Funds holding in top 10: 14 [Q1] → 16 (+2) [Q2]
8% more capital invested
Capital invested by funds: $14.5B [Q1] → $15.7B (+$1.2B) [Q2]
6.34% less ownership
Funds ownership: 103.29% [Q1] → 96.95% (-6.34%) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 256
44% less call options, than puts
Call options by funds: $500M | Put options by funds: $888M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Neil Kalton 89% 1-year accuracy 31 / 35 met price target | 57%upside $120 | Overweight Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 8 articles about NRG published over the past 30 days