Why Is NRG (NRG) Down 8% Since Last Earnings Report?
NRG Energy reported Q2 2026 adjusted earnings of $1.49 per share, missing consensus estimates of $1.66 by 10.2%, though revenues beat expectations at $7.48 billion versus $5.89 billion estimated. The company advanced Texas expansion plans and raised full-year guidance, but shares have underperformed the S&P 500 by 8% since the earnings report. Analyst estimates have trended downward with a -6.16% consensus shift, and the stock holds a Zacks Rank #3 (Hold) rating.