NRG Energy (NRG) Stock News: Jefferies and Seaport Cut Targets After the Power-Demand Rally Fades

Two brokerages reduced their NRG Energy price targets on October 19 while keeping Buy ratings, according to reports of the notes. Seaport’s prior published changes show how far the firm’s view has moved from its earlier $202 target.

The moves#

Jefferies cut its target to $131 from $160. As reported, the firm observed that the shares have fallen back to the level before NRG’s acquisition of LS Power assets and before the rally driven by expected power demand from data centers, and said it still sees a favorable long-term risk-reward skew. Seaport Research lowered its target to $160 from $190.

The broader view#

By one tally, 14 of the 17 analysts covering NRG still rate it Buy or Strong Buy, so the cuts adjust price expectations rather than the consensus stance.

Why it matters for the stock#

For readers following NRG, the shares had priced in large contracts to supply data centers that have been slower to arrive than the 2025 rally assumed. The company’s next report, and any signed long-term power agreements, are what would reverse the target cuts.

Published October 21, 2026. Informational reporting, not investment advice. Analyst ratings and targets are the opinions of the firms named, as reported by the cited sources, and can change without notice. TickerPosts has no view on any target.