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Barchart
Barchart
Sohini Mondal

Entergy Stock: Is Wall Street Bullish or Bearish?

With a market cap of $35.2 billion, Entergy Corporation (ETR) is an integrated energy company engaged primarily in electric power production and retail distribution operations. The company generates electricity through gas, nuclear, coal, hydro, and solar power sources, delivering electricity to 3 million utility customers.

Shares of ETR have significantly outpaced the broader market over the past 52 weeks. ETR has soared 45.3% over this period, while the broader S&P 500 Index ($SPX) has gained 11.5%. Moreover, shares of ETR are up 7.9% on a YTD basis, compared to SPX’s marginal return.

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