NRG Energy, Inc. (NYSE:NRG) shares are trading lower on Monday after the company disclosed updated 2026 financial guidance.
• What should traders watch with NRG?
FY26 Guidance
The company provided adjusted EPS guidance of $7.90–$9.90 (vs. consensus of $9.72) and adjusted net income of $1.685 billion–$2.115 billion.
The outlook reflects the completion of its LS Power asset portfolio acquisition on Jan. 30, 2026, reflecting around 11 months of asset ownership.
NRG raised its outlook for adjusted EBITDA of $5.325 billion- $5.825 billion (vs. $3.925 billion- $4.175 billion earlier), and Free Cash Flow Before Growth Investments of $2.800 billion- $3.300 billion (vs. $1.975 billion – $2.225 billion earlier).
LS Power Acquisition
Last month, NRG Energy closed its acquisition of a generation asset portfolio and CPower from LS Power.
The deal adds 18 natural gas–fired power plants with roughly 13 GW of capacity and incorporates CPower's commercial and industrial virtual power plant platform.
NRG plans to report its fourth quarter 2025 results on Feb, 24, 2026.
NRG Price Action: NRG shares are down 0.86% at $150.73 at publication on Monday.
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