$ETR

Scotiabank selected Entergy (ETR), CenterPoint (CNP), Black Hills (BKH), NextEra (NEE), and FirstEnergy (FE) as top utility stocks, citing strong growth and data center trends. Target prices range from $53 to $99, with potential returns between 13.4% and 27.3%. Favorable weather and increased demand are expected to boost earnings.

HSBC initiated coverage on Entergy Corp (ETR) with a buy rating and $123.50 price target, citing growth prospects from data center demand. ETR trades at $106.08, with HSBC projecting 16% rate base CAGR from 2026-2030 and 13% EPS growth through 2030. Q2 2026 earnings missed estimates, with adjusted EPS of $1.03 vs. $1.13 expected, and revenue of $3.55B vs. $3.61B. The company closed a $1.5B debenture offering. Truist adjusted its price target to $119 from $122, maintaining a buy rating.

Morgan Stanley raised its price target for Entergy to $101 from $98. The stock is currently trading at $105.16. BTIG also adjusted its target to $117 from $126. These changes may impact investor sentiment and trading decisions.

Two advocacy groups are appealing a Louisiana court decision that blocked access to Meta's records on electricity demand and economic benefits for Entergy Louisiana's $14B power infrastructure proposal. The groups want the court to reinstate the subpoena, halt Entergy's application, and require regulators to reconsider the evidence. Meta claims the requested information contains trade secrets and is unnecessary.

Entergy Mississippi will receive $4.2 million from the U.S. Department of Energy's SPARK initiative for grid improvements. The funding aims to enhance reliability and affordability of electricity for customers. The project spans 375 miles of transmission lines and is part of a larger $13.7 million award. Entergy Mississippi CEO Haley Fisackerly highlighted the company's commitment to modernizing the grid and lowering costs.

Entergy Texas has launched the 1.2 GW Orange County Advanced Power Station, adding capacity to meet growing demand. The plant, supplied by Mitsubishi Power, can eventually use 100% hydrogen. Entergy Texas plans to add 2.4 GW of capacity by 2028, including two more natural gas plants. The project cost was initially estimated at $1.2 billion. Texas' population and industrial growth are driving increased electricity demand.

Truist Securities reduced its price target for Entergy Corp (NYSE:ETR) to $119 from $122, maintaining a Buy rating. The stock trades at $103.16, with analysts forecasting ~19% upside. Truist cited regulatory outlook and large load potential as key factors. Entergy's Q2 2026 earnings missed estimates, and it completed a $1.5B debt offering. The company has a 2.49% dividend yield and has raised dividends for 11 consecutive years.

Entergy Corporation (ETR) announced David Borde as president and CEO of Entergy Texas, effective immediately. He succeeds Eliecer Viamontes, who left for other opportunities. Borde previously held roles in utility strategy and investor relations at Entergy. The company serves over 3 million customers in four states.

Meta's $50B data center expansion in Louisiana requires Entergy's power infrastructure, including new natural gas units and transmission lines. Hearings on Oct. 7 will determine if the plan is necessary and who bears the costs, with Entergy claiming Meta's demand exceeds 1GW. Environmental groups will challenge the plan's impact on ratepayers.

Entergy (ETR) officer Eliecer Viamontes exercised options for 6,928 shares and sold 9,068 shares at a weighted average price of $103.93 on September 14, 2026. The transactions were not part of a preset trading plan. Viamontes now holds 9,320 direct shares and 2,601 indirect shares via spouse.