CenterPoint Energy, Inc (HoldinNYSE: CNP
Utilities · Multi-Utilities
$43.47
-0.41%
Vol: 3.1M
Research Digest
Friday, May 1, 2026
CenterPoint Energy crushes Q1 2026 guidance with 8GW Houston industrial load target accelerated to 2029
CenterPoint Energy reported strong Q1 2026 with non-GAAP EPS of $0.56, revenues of $2.98 billion (+2% YoY). Major catalyst: company accelerated 8GW industrial load energization target to 2029 (vs. original 2031) with 3.5GW already under construction. Truist initiated Buy rating with $48 PT; Wells Fargo raised target to $48 from $47. Quarterly dividend of $0.23 approved ($0.92 annualized, 2.1% yield). Long-term guidance targets 7-9% EPS growth through 2035. Indiana project could unlock $1B capex.
Previous Market Intelligence
13 daysApr 30CenterPoint Energy reports Q1 2026 EPS of $0.56 non-GAAP, reiterates FY guidance of $1.89-$1.91 (+8% growth), and raises 8GW data center load forecast to 2029.Positive▶
CenterPoint Energy reported Q1 2026 GAAP EPS of $0.48 and non-GAAP EPS of $0.56, missing consensus but reiterating 2026 non-GAAP EPS guidance of $1.89-$1.91 targeting 8% growth from 2025. Major update: company announced 12+ gigawatts of firmly committed industrial load with data center forecast increased to 8 GW by 2029 (3.5 GW under construction). This creates $4 billion in aggregate customer savings over decade. Long-term guidance targets mid-to-high end of 7-9% annual EPS growth through 2028, sustained through 2035. Evercore ISI raised target to $44 from $42; Truist initiated Buy with $48 target (April 17). Dividend of $0.23 announced with May 21 ex-date.
Apr 29CenterPoint Energy expects to energize 8 GW of data center load by 2029 (60% increase from prior guidance); Q1 EPS $0.56 misses estimate by $0.02; reiterates FY guidance.Positive▶
CenterPoint Energy reported Q1 2026 GAAP EPS of $0.48 and non-GAAP EPS of $0.56, missing estimate of $0.58 by $0.02. The company reiterated 2026 non-GAAP EPS guidance of $1.89-$1.91, targeting 8% growth. Major announcement: expects to energize 8 GW of data center load by 2029, up from prior 7.5 GW guidance, representing 60% increase. Projects 12.2 GW of "firmly committed" new load expected to reduce costs for residential and commercial customers. In Indiana, pursuing transformational project with large load customer that could unlock $1B incremental capital investment and $250M residential savings. Expects 6-8% annual non-GAAP EPS growth through 2030.
Apr 16CenterPoint Energy targets $65 billion grid modernization; Q1 2026 EPS projected at $0.60, up 13.2% from prior year.Positive▶
CenterPoint Energy announced a decade-long $65.50 billion grid modernization plan focusing on undergrounding lines and installing self-healing automation. The company is preparing to report Q1 2026 earnings on April 23, with analyst projections showing 13.2% EPS growth to $0.60. CenterPoint reaffirmed its 2026 non-GAAP EPS guidance of $1.89-$1.91, representing 8% growth at midpoint. Customer satisfaction has improved following resiliency initiatives that decreased outage lengths in Houston. The company announced pricing of a registered offering of 21.6 million common shares at $37 per share.
Apr 15CenterPoint Energy prepares for Q1 earnings on April 23 while executing $65.5B grid modernization plan.Neutral▶
CenterPoint Energy is navigating investor positioning ahead of Q1 2026 earnings on April 23, with analysts projecting a 13.2% EPS increase to $0.60. The company outlined a decade-long $65.5 billion grid modernization initiative. The annual shareholder meeting is April 16. Shares were at $43.71 with modest gains.
Apr 14CenterPoint Energy hits new 52-week high at $44.41; Q1 earnings expected April 23 with 13.2% EPS growth forecast.Positive▶
CenterPoint Energy hit a new 52-week high driven by AI data center demand tailwinds and the company massive $65.5 billion ten-year capital plan. Q1 2026 earnings expected April 23 with 13.2% EPS growth to $0.60. Growth drivers include Houston population expansion and AI infrastructure needs. Projects 7-9% EPS growth through 2035.
Apr 13CenterPoint Energy raised 10-year capital plan by $500M to $65.5B and expects to add 10 GW new electric load by end-2029, two years ahead of forecast.Positive▶
CNP reiterated 2026 non-GAAP guidance (~$1.90, ~8% growth) and raised 10-year capital plan to $65.5B. Company expects 10 GW new peak load by end-2029, accelerating prior forecast by 2 years. Q1 2026 capital spend ~$6.8B. Raised $650M via convertible notes in February. Q1 2026 earnings April 23 with consensus 13.2% EPS growth forecast.
Apr 10CenterPoint Energy Q1 2026 earnings forecast shows 13.2% EPS growth; $65.5B grid planPositive▶
CenterPoint set to report Q1 2026 earnings April 23 with 13.2% EPS growth forecast. Announced $65.5 billion grid modernization plan.
Apr 9CenterPoint Energy reaffirms 2026 guidance at $1.89-$1.91 EPS; raises $600M convertible notesPositive▶
CenterPoint Energy raised $600 million in convertible senior notes due 2029 (up from announced $550 million) and reaffirmed 2026 non-GAAP EPS guidance of $1.89-$1.91 (8% growth at midpoint) with 7-9% annual growth targeted through 2035. Q1 2026 earnings report scheduled for April 23 with analysts forecasting 13.2% EPS growth.
Apr 8CenterPoint outlines $65.5B decade-long grid modernization plan and reaffirms 2026 EPS guidance.Neutral▶
CenterPoint announced $65.5B 10-year grid modernization plan targeting 11% rate base growth. Reaffirmed 2026 EPS $1.89-$1.91. Evercore ISI raised PT to $44; Morgan Stanley to $41.
Apr 7Evercore ISI raises price target to $44; CenterPoint targets 7-9% EPS growth through 2035.Positive▶
CenterPoint Energy received a price target raise to $44 from $42 at Evercore ISI on March 5, 2026. The utility announced a decade-long $65.5 billion grid modernization plan focused on undergrounding lines and self-healing automation. The company reaffirmed 2026 non-GAAP EPS guidance of $1.89-$1.91, representing 8% growth at midpoint, with 7-9% annual growth targeted through 2035.
Apr 6CenterPoint Energy announces $65.5B grid modernization plan and maintains 8% EPS growth guidancePositive▶
CenterPoint Energy outlined decade-long $65.50 billion grid modernization plan with focus on undergrounding lines and self-healing automation. Q4 2025 EPS was $0.45 (meeting expectations) with 9% EPS growth for fourth time in five years. Company reaffirmed 2026 non-GAAP EPS guidance of $1.89-1.91 (8% growth at midpoint) and projects 7-9% annual EPS growth through 2035. Electric system improved reliability in 2025 with fewer outages and shorter restoration times. CenterPoint priced stock offering of 21.6M shares at $37/share. Q1 2026 earnings call scheduled April 23.
Apr 3CenterPoint Energy expands $65.5B ten-year capital plan and raises peak load growth forecast by two years to 2029 driven by data center demand.Positive▶
CenterPoint Energy increased its 10-year capital investment plan to $65.5B with $500M in additional spending targeting electric transmission. The company raised Houston-area peak load growth forecasts expecting 50% growth and 10 GW of new load from data centers. 2026 EPS guidance of $1.89-$1.91, representing 8% growth.
Apr 2CenterPoint Energy announces common stock offering at $37 per share, maintains EPS guidanceNeutral▶
CenterPoint Energy announced pricing of 21,621,622 shares at $37 per share in public offering. Company reaffirmed 2026 non-GAAP EPS guidance of $1.89-$1.91, representing 8% growth at midpoint, with projected 7-9% annual EPS growth through 2035. Q1 2026 earnings expected April 23 with analysts anticipating 13.2% EPS increase to $0.60. Evercore ISI raised price target to $44 from $42 in March. Company maintains flat customer rates through 2028.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CNPCENTERPOINT | $43.47 | -0.41% | +0.1% | 21.0x | 0.53 | $28.6B |
| NEENEXTERA | $97.22 | -0.67% | +5.5% | 22.3x | 0.73 | $204.1B |
| SRESEMPRA | $94.87 | -0.26% | -3.0% | 17.2x | 0.68 | $62.1B |
| DDOMINION | $63.83 | -1.04% | +3.7% | 16.9x | 0.66 | $56.7B |
| XELXCEL | $82.67 | -0.34% | +3.2% | 18.3x | 0.44 | $51.8B |
| EDCONSOLIDATED | $110.85 | -0.57% | -2.7% | 17.2x | 0.34 | $41.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.