Entergy Corporation
NYSE: ETR · UTILITIES · UTILITIES - REGULATED ELECTRIC
Updated 2026-06-12
Entergy Corporation (ETR) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Management guidance
Entergy has not provided explicit multi-year revenue guidance in available materials. However, the company announced significant Meta data center agreements in Louisiana (5.2 GW expansion bringing total to 7.5 GW), with Meta covering all associated costs. Management expects this to add approximately $1 per share in earnings accretion by 2030-2031, implying material revenue growth from incremental load.
ETR · Entergy Corporation · Revenue & price projection · 2023–2030E
ETR financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $12.9B | $14.0B | $15.2B | $16.4B | $17.7B | $19.1B |
| Revenue growth | 9.0% | 8.3% | 8.1% | 8.2% | 7.8% | 7.7% |
| Net margin | — | — | — | — | — | — |
| EPS | $3.91 | $4.46 | $5.00 | $5.65 | $6.35 | $7.10 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $367.68 | $402.15 | $425.13 | $459.60 | $494.07 |
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $19.1B | $19.1B | $19.1B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
EV to per-share bridge · How we get to $— base case
ETR catalysts and risks
Methodology · Entergy Corporation 2030 stock forecast model
Entergy Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for ETR by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.