Valued at $40.3 billion by market cap, New Orleans, Louisiana-based Entergy Corporation (ETR) engages in the production and retail distribution of electricity in the United States. The company’s power plants have approximately 24,000 megawatts of electric generating capacity.

Companies worth $10 billion or more are generally described as "large-cap stocks." Entergy fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the regulated electricity industry. It delivers electricity to millions of utility customers in Arkansas, Louisiana, Mississippi, and Texas.

The stock touched its all-time high of $92.40 on Aug. 5 and is currently trading 4.5% below that peak. Meanwhile, the stock has gained 8% over the past three months, slightly underperforming the S&P 500 Index’s ($SPX) 9.5% surge during the same time frame.

Over the longer term, Entergy’s performance looks even more impressive. ETR stock has soared 16.4% on a YTD basis and 37.4% over the past 52 weeks, notably outperforming SPX’s 12.3% gains in 2025 and 17.3% returns over the past year.

ETR stock has traded consistently above its 200-day moving average over the past year and above its 50-day moving average since mid-July, underscoring its bullish trend.

Entergy’s stock prices observed a 1.2% gain in the trading session following the release of its better-than-expected Q2 results on Jul. 30. Driven by a solid increase in electric sales and natural gas revenues, the company’s overall topline soared 12.7% year-over-year to $3.3 billion, exceeding the Street’s expectations by 3.4%. Meanwhile, the company’s operating income surged by an impressive 35.6% year-over-year to $837.4 million. Furthermore, Entergy’s EPS of $1.05 surpassed the consensus estimates by a notable 15.4%, boosting investor confidence.

When compared to its peer, Entergy has significantly outperformed DTE Energy Company’s (DTE) 11% gains on a YTD basis and 6% uptick over the past 52 weeks.

Among the 19 analysts covering the ETR stock, the consensus rating is a “Moderate Buy.” Its mean price target of $93.79 suggests a modest 6.3% upside potential from current price levels.