NRG Energy, Inc. (NYSE:NRG) is one of the undervalued infrastructure stocks to buy now.
The stock’s sharp pullback has drawn attention, but the underlying fundamentals tell a more nuanced story
On June 10, 2026, NRG Energy, Inc. (NYSE:NRG) hit a 52-week low of $120.11, extending a decline of more than 20% year-to-date and nearly 17% over the past year. Despite the slide, over 80% of covering analysts remain constructive on the stock, with a median price target of $200. The most recent analyst move came on May 21, 2026, when Morgan Stanley raised its price target on NRG Energy, Inc. (NYSE:NRG) to $162 from $159 while keeping an Equal Weight rating, as part of a broader update to North American utility and IPP targets.
The firm noted utilities underperformed the S&P 500 that month. That update followed a difficult first quarter. On May 6, 2026, NRG Energy, Inc. (NYSE:NRG) reported Q1 revenue of $10.26 billion, up from $8.59 billion a year earlier, but adjusted EPS of $1.49 missed the consensus estimate of $1.78.