Best US Utilities Stocks (2026)

PCG BUY

PG&E Corporation

$16.90

—

Undervalued regulated utility with improving wildfire risk profile and strong execution momentum.

Future value · 6-12 months $20.50 (▲ 21.3%)

▸Morningstar lists it among the most undervalued utilities.

NGG ACCUMULATE

National Grid plc

$68.40

—

Defensive regulated network exposure with attractive valuation and steady earnings visibility.

Future value · 6-12 months $77.00 (▲ 12.6%)

▸Morningstar flags it as one of the most undervalued utilities.

EIX ACCUMULATE

Edison International

$56.20

—

Potential re-rating from improving sentiment and leverage to California electrification demand.

Future value · 6-12 months $64.50 (▲ 14.8%)

▸Morningstar identifies it as one of the most undervalued utilities.

POR ACCUMULATE

Portland General Electric Company

$42.80

—

Small regulated utility with valuation support and potential upside from rate-case outcomes.

Future value · 6-12 months $48.00 (▲ 12.1%)

▸Morningstar ranks it among the best-value utilities.

AEP ACCUMULATE

American Electric Power Company, Inc.

$100.40

—

Large regulated utility with constructive load growth and improving capital-spend visibility.

Future value · 6-12 months $110.00 (▲ 9.6%)

▸Morningstar includes it among the most undervalued utilities.

DTE ACCUMULATE

DTE Energy Company

$124.00

—

Regulated cash-flow compounder benefiting from cleaner earnings and rate-base growth.

Future value · 6-12 months $136.00 (▲ 9.7%)

▸Morningstar highlights its undervaluation versus peers.

LNT ACCUMULATE

Alliant Energy Corporation

$55.60

—

Stable Midwestern utility with visible rate-base growth and defensive momentum.

Future value · 6-12 months $61.00 (▲ 9.7%)

▸Morningstar names it among the most undervalued utilities.

DUK WATCH

Duke Energy Corporation

$123.80

—

High-quality regulated franchise with strong defensive demand and reliable dividend support.

Future value · 6-12 months $132.00 (▲ 6.6%)

▸Morningstar sees value, but current upside looks more limited.

ES ACCUMULATE

Eversource Energy

$59.10

—

Turnaround candidate if execution improves and valuation normalizes from depressed levels.

Future value · 6-12 months $66.00 (▲ 11.7%)

▸Morningstar lists it among the most undervalued utilities.

FE ACCUMULATE

FirstEnergy Corp.

$41.80

—

Regulated utility with cleaner operating profile and potential multiple expansion.

Future value · 6-12 months $46.50 (▲ 11.2%)

▸Morningstar includes it in its undervalued utilities list.

NEE BUY

NextEra Energy, Inc.

$71.30

—

Best-in-class utility growth platform with renewable optionality and strong long-term momentum.

Future value · 6-12 months $80.00 (▲ 12.2%)

▸Institutional favorite with sustained growth and positive momentum.

SO WATCH

The Southern Company

$92.40

—

Defensive regulated utility with nuclear upside and dependable earnings trajectory.

Future value · 6-12 months $99.00 (▲ 7.1%)

▸Solid fundamentals, but near-term catalyst set is modest.

XEL ACCUMULATE

Xcel Energy Inc.

$70.20

—

Clean-energy utility with steady load growth and constructive long-term policy backdrop.

Future value · 6-12 months $76.50 (▲ 9.0%)

▸Positive momentum and consistent regulated-growth profile.

PEG WATCH

Public Service Enterprise Group Incorporated

$81.60

—

Utility-quality earnings with grid investment and solid defensive characteristics.

Future value · 6-12 months $88.00 (▲ 7.8%)

▸Stable earnings, but limited near-term catalyst intensity.

PPL ACCUMULATE

PPL Corporation

$35.70

—

Valuation-friendly regulated utility with improving earnings visibility and income appeal.

Future value · 6-12 months $39.50 (▲ 10.6%)

▸Attractive valuation and steady regulated growth.

WEC WATCH

WEC Energy Group, Inc.

$103.50

—

Quality Midwest utility with dependable execution and defensive capital preservation.

Future value · 6-12 months $110.00 (▲ 6.3%)

▸High-quality name, but upside is comparatively modest now.

AWK WATCH

American Water Works Company, Inc.

$140.90

—

Water utility with durable secular demand and resilient regulated returns.

Future value · 6-12 months $151.00 (▲ 7.2%)

▸Strong franchise, though current valuation limits near-term upside.

CMS ACCUMULATE

CMS Energy Corporation

$72.60

—

Defensive utility with constructive rate-base growth and favorable earnings consistency.

Future value · 6-12 months $78.50 (▲ 8.1%)

▸Steady regulated growth and supportive investor demand.

SRE BUY

Sempra

$74.80

—

Infra-and-utility hybrid with LNG-linked optionality and improving strategic clarity.

Future value · 6-12 months $83.00 (▲ 11.0%)

▸Near-term catalyst mix from LNG and regulated growth.

EXC WATCH

Exelon Corporation

$43.90

—

Large regulated electric utility with stable earnings and defensive sector positioning.

Future value · 6-12 months $47.00 (▲ 7.1%)

▸Solid defense, but less compelling upside than higher-growth peers.

Best US Utilities Stocks to Invest In