Key Highlights

● ETR shares ended 9 October 2026 at $102.78.

● Market data consensus target is $120.47, implying about 17.21% upside.

● The second data set shows a mean of $122.68 and a median of $126.

● Morgan Stanley cut its target from $105 to $98 on 18 September.

Entergy (NYSE:ETR), an integrated electric utility serving customers in Arkansas, Louisiana, Mississippi and Texas and an S&P 500 member, closed at $102.78 on Friday 9 October 2026. The analyst group is broadly positive, though recent target changes have been mixed.

What Is the Latest Analyst Price Target?

Market data gives a consensus 12-month price target of $120.47 from 20 analysts, with a high of $139 and a low of $97. Compared with the $102.78 close, the consensus target suggests upside of about 17.21%. The ratings split is 17 Buy, three Hold and no Sell, a Moderate Buy consensus.

What Are Wall Street Analysts Saying?

The second data set, using third-party data, shows a slightly higher mean target of $122.68, a median of $126, a high of $137 and a low of $91 from 23 analysts.

Named broker actions on market data include Morgan Stanley (Stephen Byrd) cutting its target from $105 to $98 with an Equal Weight rating on 18 September 2026. Evercore reiterated Outperform with a $128 target on 17 August, and Truist (Richard Sunderland) cut its target from $129 to $122 with a Buy rating on 13 August. BMO Capital Markets (James Thalacker) raised its target from $123 to $124 with an Outperform rating on 22 July, and JPMorgan (Jeremy Tonet) raised its target from $129 to $139 with an Overweight rating on 16 July.

What Could Help the Stock Reach the Price Target?

The overwhelmingly positive rating split is the main support for the targets. Utilities with regulated growth plans can benefit from rising power demand and capital investment that adds to the rate base. A quarterly dividend of $0.64 per share is also cited. Steady delivery against plans could encourage analysts to maintain or lift targets.

What Could Prevent the Stock Reaching the Target?

The recent direction of some targets has been downward, with Morgan Stanley and Truist both reducing forecasts, and Morgan Stanley's $98 target sits only slightly below the current price. Utilities are sensitive to interest rates, regulatory decisions, storm costs and financing needs, any of which can weigh on sentiment. The high target of $139 also sits well above the others and may pull the average up, so the typical analyst may be less optimistic than the mean implies.

What Should Investors Watch Next?

Investors may want to follow the next quarterly results, regulatory rulings and any update to the company's capital plan, although the data gives no earnings date. It is also useful to watch whether more brokers follow Morgan Stanley and Truist in trimming targets, or whether recent weakness prompts upgrades.

Entergy's Buy-Heavy Ratings and Two Trimmed Targets

Entergy closed at $102.78 on 9 October 2026, with the market data consensus of $120.47 implying about 17.21% upside and the second data set's $122.68 pointing the same way. Morgan Stanley's cut to a $98 target on 18 September was the most recent named reduction.