NRG Energy
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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 82
28% more repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 250
4% more funds holding
Funds holding: 770 [Q3] → 803 (+33) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 18 [Q3] → 18 (+0) [Q4]
3% less capital invested
Capital invested by funds: $18.2B [Q3] → $17.6B (-$608M) [Q4]
3.28% less ownership
Funds ownership: 96.66% [Q3] → 93.38% (-3.28%) [Q4]
51% less call options, than puts
Call options by funds: $300M | Put options by funds: $616M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Goldman Sachs Carly Davenport 100% 1-year accuracy 2 / 2 met price target | 19%upside $129 | Buy Initiated | 4 Apr 2025 |
BMO Capital James Thalacker 79% 1-year accuracy 57 / 72 met price target | 6%upside $115 | Market Perform Maintained | 3 Mar 2025 |
Guggenheim Shahriar Pourreza 57% 1-year accuracy 13 / 23 met price target | 34%upside $145 | Buy Maintained | 27 Feb 2025 |
Wells Fargo Neil Kalton 62% 1-year accuracy 31 / 50 met price target | 52%upside $165 | Overweight Maintained | 27 Feb 2025 |
Morgan Stanley Stephen Byrd 56% 1-year accuracy 60 / 108 met price target | 9%downside $99 | Equal-Weight Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 12 articles about NRG published over the past 30 days









