7 analysts' median target is $89[FMP target], stock is $82, +8.8% upside potential. After Q1 +9.5% EPS beat[FMP earnings], the stock moved -1.1%.
B- = MoonshotScore 37[9-pillar formula] + Council 1/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q1 consensus: revenue $1.4B[FMP est], EPS $0.87[FMP est]. 1 consecutive quarters of beat[FMP earnings].
Q1 EPS +9.5% beat[FMP] but the stock -1.1% D+1[FMP D+1]. Bryan Buckler promised $851.9M CapEx + a sequential decline in Q1 during the Q1 earnings call[Bryan Buckler capex transcript].
Watchlist
Long Term Eps Growth Target
long_term_eps_growth_target
Evergy is reaffirming its long-term adjusted EPS growth target of 6% to 8% plus through 2030 off of the 2026 midpoint and expects adjusted EPS growth to exceed 8% annually beginning in 2028 through 2030.
"We are also reaffirming our long-term adjusted EPS growth target of 6% to 8% plus through 2030 off of the 2026 midpoint of $4.24. We expect adjusted EPS growth to exceed 8% annually beginning in 2028 through 2030."
- David Campbell, Chairman and Chief Executive Officer - Q1 FY26 Earnings Call - May 7, 2026
Retail Load Growth
retail_load_growth
Evergy anticipates 7% to 8% annual retail load growth through 2030.
"This Tier 1 demand enables a transformative growth opportunity, supporting our revised estimate of 7% to 8% annual retail load growth through 2030."
- David Campbell, Chairman and Chief Executive Officer - Q1 FY26 Earnings Call - May 7, 2026
Eps Growth Reaffirmation
eps_growth_reaffirmation
Evergy reaffirms its 2026 adjusted EPS guidance range of $4.14 to $4.34.
"With this solid start, we are reaffirming our 2026 adjusted EPS guidance range of $4.14 to $4.34 per share."
- David Campbell, Chairman and Chief Executive Officer - Q1 FY26 Earnings Call - May 7, 2026
Esa Total Peak Load
esa_total_peak_load
Evergy has executed ESAs for 5 data center projects under our LLPS tariffs, securing approximately 2.5 gigawatts of steady-state peak load, including the 450 megawatts of steady-state peak load from non-LLPS customers, such as the Panasonic electric vehicle battery manufacturing plant, the total reaches 3 gigawatts.
"In aggregate, we have executed ESAs for 5 data center projects under our LLPS tariffs, securing the strong protections that the tariff requires for our existing customers. These 5 ESAs include steady-state peak load of approximately 2.5 gigawatts, including the 450 megawatts of steady-state peak load from non-LLPS customers, such as the Panasonic electric vehicle battery manufacturing plant, the total reaches 3 gigawatts."
- David Campbell, Chairman and Chief Executive Officer - Q1 FY26 Earnings Call - May 7, 2026
Q1 Weather Normalized Demand
q1_weather_normalized_demand
Evergy's weather-normalized demand was strong in the first quarter, growing 4.7%.
"Reflecting our exceptional business fundamentals, weather-normalized demand was strong in the quarter, growing 4.7%, while mild winter weather resulted in fewer heating degree days compared to prior year and versus normal, impacting EPS by approximately $0.06 compared to budget."
- W. Buckler, Executive Vice President and Chief Financial Officer - Q1 FY26 Earnings Call - May 7, 2026
Stock Expert AI - Methodology
9-pillar methodology. Gross Margin strong. Revenue Growth weak.
How is it calculated? ->6 investor frameworks. 1 bullish (Ray Dalio), 1 bearish (Ken Griffin), 4 neutral (Jim Simons, Klarman, Buffett, Munger).
How is it calculated? ->Quality business, trading at fair value.
How is it calculated? ->Past Performance
Q1 (May 7, 2026): EPS $0.69 vs $0.63 est[FMP], +9.5% beat. D+1 movement: -1.1%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q1: EPS $0.69 vs $0.63 beat[FMP], stock -1.1% D+1[FMP].
No RPO/backlog concentration disclosed in Q1 earnings call.
Q1 CapEx $851.9M[FMP cashflow]. Q1 op margin 22.1%[FMP op margin] - this level in Q1 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Thursday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Thursday evening. The framework is ready on this page: Q1 EPS threshold $0.87[FMP], CapEx threshold "below $851.9M"[Bryan Buckler]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore 9-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This EVRG (EVRG) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.