Evergy (EVRG)

NASDAQUtilitiesRegulated ElectricSnapshot 2026-11-04

$87.41+1.39%

Close 2026-11-05 · 1-day change

Evergy (EVRG) Outlook: What's Priced In | QuarterlyIQ

Investment OutlookAs of Nov 4, 2026

What could strengthen or challenge Evergy’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

+0.1%

+10% or more+5%0%−5%−10% or less

4.56 → 4.56 EPS · FY ending Dec 31, 2027 · 9 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 9; this is not the number of analysts revising. The ±10% axis is a display range.

Price, analyst earnings & P/E reference

The EPS and P/E reference is not available for EVRG yet.

Measure / period	Management expectations	Analyst expectations

Management figures unavailable.

Current consensus figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain dividend yield near 3%	A supporting condition in Evergy's published investment case. The stated target is Dividend yield around 3%.	Intact	Dividend yield falls below 2.5% or is cut	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$4.56

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain dividend yield near 3%Direct metric needs a verified mapping
2026 adjusted EPS in range $4.14 to $4.34Published status: Under Pressure
No major negative regulatory changesPublished status: Under Pressure

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.7%Typical daily move · historical

Downside history

-11.9%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Evergy outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 31, 2026

What kind of bet this is

EVRG is a regulated utility with a steady-growth profile, rather than a high-growth or turnaround story. Its long-term thesis is supported by robust earnings quality and guidance that remains on track, but the current thesis state is watch because recent financial performance trails its industry cohort.

What's priced into Evergy

Valuation is tagged as justified, with expectations broadly aligned and no major fragility signals. EVRG is valued about in line with peers, and the measured expectations gap is small, so the evidence does not point to unusually low expectations already being built in.

What the fundamentals likely do

Near term, the reaffirmed 2026 adjusted EPS guidance and recent earnings beat support management’s execution, while the latest reported adjusted EPS rose from $0.55 in 2025-Q1 to $0.88 in 2026-Q2. The 6% to 8%+ annual EPS growth target through 2030 and steady dividend increases support the multi-year case, but performance below peers and the termination of a material agreement are watch points; near-term miss risk is assessed as low.

What Evergy hinges on

The multi-year view depends on EVRG sustaining its guidance and turning strong large-customer interest into additional service agreements. A guidance cut would be a meaningful negative, while easier interest rates and continued earnings strength among major utility peers could support the sector backdrop.

Bottom line

EVRG has a steady utility-growth thesis with sound earnings quality and consistent dividend progress, but recent relative performance and mixed customer-agreement progress warrant continued attention. The 1 to 3 year view hinges on guidance delivery and stronger evidence that large-customer demand is converting into signed agreements. Not investment advice.

Development preview · refreshed Nov 5, 2026Open Living FV detail

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$4.56	$6,607,969,317	7 / 7
2026-07-25	$4.56	$6,623,124,020	13 / 10
2026-07-26	$4.56	$6,623,124,020	13 / 10
2026-07-27	$4.56	$6,623,124,020	13 / 10
2026-07-28	$4.56	$6,609,582,243	7 / 7
2026-07-29	$4.56	$6,623,124,020	13 / 10
2026-07-30	$4.56	$6,623,124,020	13 / 10
2026-07-31	$4.56	$6,623,124,020	13 / 10
2026-08-01	$4.56	$6,609,582,243	7 / 7
2026-08-02	$4.56	$6,623,124,020	13 / 10
2026-08-03	$4.56	$6,623,124,020	13 / 10
2026-08-04	$4.56	$6,609,582,243	7 / 7
2026-08-05	$4.56	$6,623,124,020	13 / 10
2026-08-06	$4.56	$6,609,582,243	7 / 7
2026-08-07	$4.56	$6,609,582,243	7 / 7
2026-08-08	$4.56	$6,623,124,020	13 / 10
2026-08-09	$4.56	$6,623,124,020	13 / 10
2026-08-10	$4.56	$6,609,582,243	7 / 7
2026-08-11	$4.56	$6,629,785,580	12 / 9
2026-08-12	$4.57	$6,628,806,030	12 / 9
2026-08-13	$4.57	$6,628,806,030	12 / 9
2026-08-14	$4.56	$6,609,582,243	7 / 7
2026-08-15	$4.56	$6,609,582,243	7 / 7
2026-08-16	$4.56	$6,609,582,243	7 / 7
2026-08-17	$4.56	$6,609,582,243	7 / 7
2026-08-18	$4.56	$6,609,582,243	6 / 6
2026-08-19	$4.56	$6,609,582,243	6 / 6
2026-08-20	$4.56	$6,633,085,216	6 / 6
2026-08-21	$4.56	$6,633,085,216	6 / 6
2026-08-22	$4.56	$6,633,085,216	6 / 6
2026-08-23	$4.56	$6,633,085,216	6 / 6
2026-08-24	$4.56	$6,633,085,216	6 / 6
2026-08-25	$4.56	$6,633,085,216	6 / 6
2026-08-26	$4.56	$6,633,085,216	6 / 6
2026-08-27	$4.56	$6,633,085,216	6 / 6
2026-08-28	$4.56	$6,633,085,216	6 / 6
2026-08-29	$4.56	$6,633,085,216	6 / 6
2026-08-30	$4.56	$6,633,085,216	6 / 6
2026-08-31	$4.56	$6,633,085,216	6 / 6
2026-09-01	$4.56	$6,633,085,216	6 / 6
2026-09-02	$4.56	$6,633,085,216	6 / 6
2026-09-03	$4.56	$6,633,085,216	6 / 6
2026-09-04	$4.56	$6,633,085,216	6 / 6
2026-09-05	$4.56	$6,633,085,216	6 / 6
2026-09-06	$4.56	$6,633,085,216	6 / 6
2026-09-07	$4.56	$6,633,085,216	6 / 6
2026-09-08	$4.56	$6,633,085,216	6 / 6
2026-09-09	$4.56	$6,633,085,216	6 / 6
2026-09-10	$4.56	$6,633,085,216	6 / 6
2026-09-11	$4.56	$6,633,085,216	6 / 6
2026-09-12	$4.56	$6,633,085,216	6 / 6
2026-09-13	$4.56	$6,633,085,216	6 / 6
2026-09-14	$4.56	$6,633,085,216	6 / 6
2026-09-15	$4.56	$6,633,085,216	6 / 6
2026-09-16	$4.56	$6,633,085,216	6 / 6
2026-09-17	$4.56	$6,633,085,216	6 / 6
2026-09-18	$4.56	$6,633,085,216	6 / 6
2026-09-19	$4.56	$6,633,085,216	6 / 6
2026-09-20	$4.56	$6,633,085,216	6 / 6
2026-09-21	$4.56	$6,633,085,216	6 / 6
2026-09-22	$4.56	$6,633,085,216	6 / 6
2026-09-23	$4.56	$6,633,085,216	6 / 6
2026-09-24	$4.56	$6,633,085,216	6 / 6
2026-09-25	$4.56	$6,633,085,216	6 / 6
2026-09-26	$4.56	$6,633,085,216	6 / 6
2026-09-27	$4.56	$6,633,085,216	6 / 6
2026-09-28	$4.56	$6,633,085,216	6 / 6
2026-09-29	$4.56	$6,633,085,216	6 / 6
2026-09-30	$4.56	$6,633,085,216	6 / 6
2026-10-01	$4.56	$6,633,085,216	6 / 6
2026-10-02	$4.56	$6,633,085,216	6 / 6
2026-10-03	$4.56	$6,633,085,216	6 / 6
2026-10-04	$4.56	$6,633,085,216	6 / 6
2026-10-05	$4.56	$6,633,085,216	6 / 6
2026-10-06	$4.56	$6,633,085,216	6 / 6
2026-10-07	$4.56	$6,633,085,216	6 / 6
2026-10-08	$4.56	$6,633,085,216	6 / 6
2026-10-09	$4.56	$6,633,085,216	6 / 6
2026-10-10	$4.56	$6,633,085,216	6 / 6
2026-10-11	$4.56	$6,633,085,216	6 / 6
2026-10-12	$4.56	$6,633,085,216	6 / 6
2026-10-13	$4.56	$6,633,085,216	6 / 6
2026-10-14	$4.56	$6,633,085,216	6 / 6
2026-10-15	$4.56	$6,633,085,216	6 / 6
2026-10-16	$4.56	$6,633,085,216	6 / 6
2026-10-17	$4.56	$6,633,085,216	6 / 6
2026-10-18	$4.56	$6,635,856,353	6 / 6
2026-10-19	$4.56	$6,635,856,353	6 / 6
2026-10-20	$4.55	$6,639,356,353	6 / 6
2026-10-21	$4.55	$6,639,356,353	6 / 6
2026-10-22	$4.55	$6,639,356,678	6 / 6
2026-10-23	$4.56	$6,675,000,453	7 / 7
2026-10-24	$4.56	$6,675,000,453	8 / 8
2026-10-25	$4.56	$6,675,000,453	8 / 8
2026-10-26	$4.56	$6,675,000,453	8 / 8
2026-10-27	$4.56	$6,675,000,453	8 / 8
2026-10-28	$4.56	$6,674,091,320	9 / 8
2026-10-29	$4.56	$6,674,091,320	9 / 8
2026-10-30	$4.56	$6,674,091,320	9 / 8
2026-10-31	$4.56	$6,674,091,320	9 / 8
2026-11-01	$4.56	$6,674,091,320	9 / 8
2026-11-02	$4.56	$6,674,091,320	9 / 8
2026-11-03	$4.56	$6,674,091,320	9 / 8
2026-11-04	$4.56	$6,674,091,320	9 / 8

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-06-01	8	6	1
2026-07-01	8	5	1
2026-08-01	8	5	1
2026-09-01	8	5	0
2026-10-01	11	5	0
2026-11-01	11	5	1

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 11 Buy / Strong Buy · 5 Hold · 1 Sell / Strong Sell

0 upgrades0 downgrades2 maintains

Recent actions · Oct 6–Nov 4 · 2 recorded

What could strengthen or challenge Evergy’s outlook?

Price, analyst earnings & P/E reference

What the Thesis Depends On

Incoming Evidence

Expectations trend

Outlook in Brief

What's improving

Still unresolved / key risks

Next proof point

Historical risk context

Evergy outlook in detail

What kind of bet this is

What's priced into Evergy

What the fundamentals likely do

What Evergy hinges on

Bottom line

Analyst view

Price-target changes

Bottom line