InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$103.75

2026-10-16

Market Cap

$21.8B

Volume

2.6M

52-Wk High

$189.96

52-Wk Low

$93.36

Trailing PE

27.3

P/S

0.66

Gross Margin

19.4%

Net Margin

2.6%

ROE

25%

ROIC

5%

Piotroski

6/9

Altman Z

1.4

1-Yr Return

-38.2%

5-Yr Return

+256.0%

NRG Energy, Inc., together with its affiliated entities, operates as a comprehensive power utility spanning the United States. Its operations are divided into three main geographical divisions: Texas, East, and West. The company plays a crucial role in generating, distributing, and selling electricity and various related services, serving approximately six million customers across residential, commercial, industrial, and wholesale sectors. Their energy generation capabilities are diverse, drawing from natural gas, coal, oil, solar, nuclear, and battery storage technologies. Beyond core power provision, NRG offers an extensive array of solutions, including centralized system power, decentralized generation, renewable energy products, emergency backup power, distributed solar and storage installations, demand-side management, energy efficiency programs, expert advisory services, carbon management initiatives, and bespoke on-site energy solutions. Furthermore, NRG actively engages in the trading of electric power, natural gas, and associated commodities, alongside environmental credits, weather-related products, and various financial instruments such as forwards, futures, options, and swaps. The company also manages fuel procurement and transportation services. It directly markets energy, services, and products to retail consumers through several established brands, including NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, NRG Energy's generation assets encompassed approximately 18,000 megawatts of capacity across 25 owned and leased facilities. The corporation was founded in 1989 and maintains its corporate headquarters in Houston, Texas.

SectorUtilitiesIndustryIndependent Power ProducersExchangeNYSEMarket Cap$21.8BEmployees16,702 (SEC-filed)CEORobert J. GaudetteIPO2003-12-02CountryUS

1301 McKinney Street, Houston, TX 77010 · Tel 713 537 3000 · nrg.com

INSIDERSTREET SCORE38 / 100Street mean $210.43 (7 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$5295M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · NRG -38.2% · S&P 500 +15.9% · spread -54.1pp

7 Years vs S&P 500 · NRG +256.0% · S&P 500 +189.9% · spread +66.2pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

INSIDERSTREET
SCORE38of 100

Score Breakdown

Profitability	43/100
Growth	68/100
Momentum	93/100
Quality	51/100
Earnings Quality	85/100
Balance Sheet	19/100
Value	40/100
Risk (safety)	30/100
Overall	38.4/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
TLN	21
VST	27
OKLO	39
CEG	42
KEN	30
CMS	37
NRG	38

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 55 in 25 Q3, latest 38 — -16 since. Fell in 2 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY38 / 100IS Score 38.4 / 100 · -16.5 from peak of 55

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTURENEUTRALTechnical Score 50 / 100 · Power +1 · 11 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

These two disagree — business quality 38, price structure 50 out of 100, so the price reads better than the business does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.

Trigger	Where it stands now	What it would mean
IS Score reaches 55 and holds two consecutive quarters	now 38.4	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 55 → 36 → 18 → 38	the direction matters more than the level
Technical vote share back above 50%	now 55%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,077 → now 1,030	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)1 buys2026-09-25

Insider Buys (180d)0none disclosed

ETF Funds (30d)855 up / 695 downnet +160 funds

Institutions Added (13F)-40managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,077 · latest 1,030 (-47 from peak).

Quarter	Holders	13F shares	Value	Reported own%	Guard
2026 Q2	1,030	199.0M	$28.5B	94.3%
2026 Q1	1,070	196.5M	$28.4B	93.1%
2025 Q4	1,077	179.7M	$28.2B	85.2%
2025 Q3	1,052	177.4M	$28.3B	84.1%
2025 Q2	1,019	184.6M	$29.3B	87.5%
2025 Q1	857	189.9M	$18.0B	90.0%
2024 Q4	824	195.0M	$17.5B	92.4%
2024 Q3	781	199.6M	$18.1B	94.6%
2024 Q2	747	202.0M	$15.7B	95.8%
2024 Q1	650	208.4M	$14.0B	98.8%
2023 Q4	605	216.2M	$11.0B	102.5%	ex-outlier 89.2%
2023 Q3	555	232.1M	$9.1B	110.0%	ex-outlier 96.5%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

Why 2023-12 reads 102.48%. Institutions cannot hold more of a company than exists. The reported 216.2M shares exceed the 211.0M outstanding, and a single filer accounts for the excess: VANGUARD GROUP INC reports 27,982,839 shares against 28,526,276 the prior quarter, a 1x jump, which alone would be 13.3% of the company. Excluding that filing, ownership is 89.2%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

Why 2023-09 reads 110.00%. Institutions cannot hold more of a company than exists. The reported 232.1M shares exceed the 211.0M outstanding, and a single filer accounts for the excess: VANGUARD GROUP INC reports 28,526,276 shares against 30,060,309 the prior quarter, a 1x jump, which alone would be 13.5% of the company. Excluding that filing, ownership is 96.5%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Spencer Gerald Alfred	SVP & Chief Accounting Officer	2026-09-08	SELL	1,580	$0.19M	6,213
Hart Scott Barton	EVP, President of NRG Business	2026-08-13	—	4,141	—	0
Golin Caroline	EVP, Chf Growth & Policy Offc	2026-08-13	—	1,433	—	0
Pistner Matthew	EVP, Pres. of NRG Wholesale	2026-08-13	—	3,952	—	0
Bentley Brad	Exec VP, Pres NRG Consumer	2026-08-04	TAX W/H	1,570	—	31,192
Bentley Brad	Exec VP, Pres NRG Consumer	2026-08-04	TAX W/H	3,401	—	27,791
Kapoor Sanjay	director	2026-08-03	A-Award	13	—	3,934
Pruner Alexandra	director	2026-08-03	A-Award	112	—	32,792

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	8	32,296,263	$5295.5M	Counted
M — Exercises (paired A/D)	2	38,276	—	None — mechanics
F — Tax withholding	6	25,749	$2.7M	None — compensation
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$5295.5M8 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-09-08	Gerald Spencer	1,580	$0.2M
2026-08-04	Kinney Virginia	20,000	$3.9M
2026-08-04	Kinney Virginia	11,145	$1.5M
2026-07-15	Kinney Virginia	11,145	$1.5M
Trailing 12 mo	14 filings	328,708	$54M

Filed	Form	Reporting person	% of class	Shares
2026-07-28	SCHEDULE 13G	Rupert H. Johnson, Jr.	—	exit/reporting change
2026-04-30	SCHEDULE 13G	Vanguard Capital Management	7.38%	15.8M sh
2026-04-29	SCHEDULE 13G	Vanguard Portfolio Management	5.30%	11.4M sh
2026-03-27	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	BUY	$1,001 - $15,000	2026-09-25	2026-10-09
Kurt Schrader	House	SELL	$15,001 - $50,000	2022-05-18	2022-06-02
Kurt Schrader	House	BUY	$1,001 - $15,000	2021-06-16	2021-07-07
John Boozman	Senate	SELL	$1,001 - $15,000	2025-05-20	2025-06-14
John Boozman	Senate	SELL	$1,001 - $15,000	2025-05-20	2025-06-14
John Boozman	Senate	SELL	$1,001 - $15,000	2025-05-20	2025-06-13

House 12-Mo1 trades1 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)1,070

13F Shares197M93.1% of shares out

New / Closed155 / 144positions, QoQ

Increased / Reduced470 / 307positions, QoQ

Put/Call (13F)0.86option positions

Free Float99.5%209M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Border To Coast Pensions Partnersh	680,371	$65M
Assenagon Asset Management S.A.	225,605	$22M
Segra Capital Management, Llc	189,000	$18M
Y-Intercept	166,516	$16M
Kwmg, Llc	70,184	$7M
Copeland Capital Management, Llc	67,302	$6M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$639M
VSMPX	0.0%	$639M
VTSAX	0.0%	$639M
VTI	0.0%	$639M
VFFSX	0.0%	$528M
VFINX	0.0%	$528M

13F Filers Holding NRG — quarterly

Institutional Put/Call — quarterly

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session32.3%2026-10-15

20-Day Avg35.2%50-day 32.1%

TrendRising20d vs 50d

By Market CenterQ: 31% · N: 54% · B: 22%latest session

Weekly Notional ($B)

Where NRG Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	2.6M	40 sh
Ubsa Ubs Ats	2.0M	39 sh
Sgmt Sigma X2	1.3M	40 sh
Ebxl Level Ats	1.2M	30 sh
Mlix Instinct X	0.7M	56 sh
Pure Purestream	0.7M	32 sh

Where a dollar of NRG Energy, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
East	$14.3B	50%
Texas	$11.1B	39%
West	$3.2B	11%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

NRG (live moat model)Peer median: TLN · VST · OKLO · CEG · KEN

Component scores from the live moat model. Peer median illustrative.

Moat score 51/100 — Weak; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
Lawrence Stephen Coben	Advisor
Brad Bentley	Executive Vice President & President of NRG Consumer
Bruce Chung	EVP & CFO
Robert J. Gaudette	Pres, Chief Executive Officer & Director

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)3 of 6recent quarters

Avg Surprise+8.8%

Next Report2026-11-05

Income Quality1.83OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+196.8%	+16.9%	-8.6%	-2.4%	+9.2%
Gross profit	+154.9%	-37.0%	-44.0%	+162.5%	+11.3%
Operating income	+202.4%	-39.6%	-81.0%	+531.2%	-23.7%
Net income	+328.8%	-44.2%	-116.5%	-656.9%	-23.2%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	27.0	31.5	28.8	28.1	30.7
Cost of revenue	20.5	27.4	26.5	22.1	24.0
Gross profit	6.5	4.1	2.3	6.0	6.7
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	1.3	1.1	1.8	2.3	4.8
Operating income	3.3	2.0	0.4	2.4	1.9
EBITDA	4.2	2.8	1.7	3.5	3.8
D&A	0.8	0.7	1.3	1.4	2.0
Pretax income	2.9	1.7	-0.2	1.4	1.1
Income tax	0.7	0.4	-0.0	0.3	0.2
Net income	2.2	1.2	-0.2	1.1	0.9
Diluted EPS ($)	8.93	5.17	-1.12	4.99	4.01
Diluted shares (M)	245	236	228	212	199

Operating CF$2B

CapEx$1B

Free cash flow$1B

SBC$0B

Buybacks$1B

Net cash change$4B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	0.4	0.5	1.0	4.7
ST investments	0.0	0.0	0.0	2.2
Receivables (net)	4.8	3.5	3.5	4.1
Total current assets	16.2	9.7	9.0	13.1
PP&E (net)	1.9	1.9	2.2	3.8
Goodwill + intangibles	3.8	9.0	7.9	7.3
Total assets	29.1	26.0	24.0	29.1
Accounts payable	3.6	2.3	2.5	2.8
Short-term debt	0.1	0.6	1.0	0.1
Deferred revenue	0.2	0.7	0.7	0.7
Total current liabilities	13.0	9.5	8.8	8.0
Long-term debt	8.0	10.1	9.8	16.5
Total liabilities	25.3	23.1	21.5	27.5
Shareholders' equity	3.8	2.9	2.5	1.7

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.2	(0.2)	1.1	0.9
D&A	0.7	1.2	1.1	1.4
Stock-based compensation	0.0	0.1	0.1	0.1
Working capital change	(2.7)	(0.4)	(1.0)	(1.6)
Operating cash flow	0.4	(0.2)	2.3	1.9
Capital expenditures	(0.4)	(0.6)	(0.5)	(1.1)
Investing cash flow	(0.3)	(0.9)	(0.0)	(1.6)
Buybacks	(0.6)	(1.2)	(0.9)	(1.4)
Dividends paid	(0.3)	(0.4)	(0.4)	(0.4)
Debt issuance / (repay)	(0.0)	0.2	(0.1)	5.6
Financing cash flow	1.0	(0.4)	(1.8)	3.5
Free cash flow	(0.0)	(0.8)	1.8	0.8

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	82.8%	32.9%	-6.0%	41.8%	41.5%	25%
ROA	11.5%	4.7%	-0.7%	4.5%	3.3%	2.1%
ROIC	22.0%	12.7%	2.3%	15.1%	12.9%	5.2%
Gross margin	24.1%	13.0%	8.0%	21.4%	21.8%	19.4%
Operating margin	12.4%	6.4%	1.3%	8.6%	6.0%	5.7%
Net margin	8.1%	3.9%	-0.7%	4.0%	2.8%	2.6%
EBITDA margin	15.5%	8.9%	6.1%	12.4%	12.4%	9.5%
FCF margin	0.8%	-0.0%	-2.8%	6.5%	2.5%	—
VALUATION
P/E	4.31	5.53	-54.77	16.57	35.09	27.3
P/B	2.62	1.76	3.81	7.52	18.03	4.5
P/S	0.35	0.21	0.38	0.66	0.99	0.66
P/FCF	42.05	-965.14	-13.51	10.17	39.58	62.7
EV/EBITDA	3.96	5.28	12.29	8.19	10.54	14.3
EV/Revenue	0.65	0.46	0.75	1.02	1.31	1.4
Earnings yield	23.2%	18.1%	-1.8%	6.0%	2.9%	3.88%
FCF yield	2.4%	-0.1%	-7.4%	9.8%	2.5%	1.60%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.37	1.25	1.02	1.02	1.64	0.97
Quick ratio	1.31	1.19	0.96	0.96	1.58	0.89
Debt / equity	2.30	2.17	3.78	4.44	9.97	4.83
Debt / assets	35.7%	28.5%	42.1%	45.8%	57.5%	58.8%
Net debt / EBITDA	1.82	2.84	5.96	2.86	2.58	7.39
Interest coverage	6.89	4.99	0.68	3.22	2.40	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	1.42	1.21	1.04	1.12	1.16	0.83
Receivables turnover	13.01	7.87	6.93	8.00	8.13	9.4
DSO (days)	28	46	53	46	45	39
DPO (days)	26	39	41	40	41	35
Cash conversion cycle	9	15	21	15	11	15
GROWTH (YoY)
Revenue growth	196.8%	16.9%	-8.6%	-2.4%	9.2%	—
Net income growth	328.8%	-44.2%	-116.5%	656.9%	-23.2%	—
EPS growth	327.1%	-40.4%	-117.1%	690.2%	-15.5%	—
FCF growth	-86.1%	-103.1%	-11600.0%	323.9%	-58.2%	—
PER SHARE ($)
EPS (diluted, TTM)	8.93	5.32	-0.91	5.37	4.54	4.02
Book value / share	14.69	16.68	13.09	11.83	8.83	23.01
Revenue / share	110.16	137.41	129.83	134.27	161.31	157.20
FCF / share	0.91	-0.03	-3.69	8.75	4.02	1.65
Cash / share	1.02	1.87	2.44	4.61	36.39	0.77
SHAREHOLDER RETURN & SCORES
Buyback yield	0.5%	9.0%	10.6%	5.0%	0.9%	1.99%
Altman Z-Score	2.11	1.68	1.51	2.08	2.23	1.4
Piotroski F-Score	5	5	2	7	6	6/9
Beneish M-Score	12.65	-2.67	-4.24	-3.13	-3.96	-2.64

Model	Score	Zone	Note
Piotroski F-Score	6 / 9	Middling
Altman Z-Score	1.4	Distress (<1.81)	Distress
Income quality	1.83	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.64	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.86
Interest burden	0.67
Operating margin	4.5%
Asset turnover	1.04×
Financial leverage	8.96×
= ROE	24%

Growth Quality (live)	Value
Revenue stability	0.77
Earnings stability	0.03
Earnings persistence	0.50
Revenue CAGR 3y	2.9%
EPS CAGR 3y	—
FCF CAGR 3y	—

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield1.99%

Dividend Yield1.80%

Total Shareholder Return2.47%cash yield

SBC / Revenue0.4%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
TLN	$16.8B	-87.8	-13%	-12.3%	+65.8%	4/9	-15.1%
VST	$51.0B	25.3	43%	7.6%	-28.4%	7/9	-27.8%
OKLO	$5.2B	-29.4	-8%	—	—	4/9	-82.7%
CEG	$96.1B	26.3	15%	6.8%	+26.0%	3/9	-31.5%
KEN	$3.3B	28.2	8%	11.6%	+53.4%	5/9	—
CMS	$21.5B	20.3	11%	6.6%	+9.9%	6/9	—
EIX	$21.5B	5.7	22%	12.3%	+10.7%	6/9	—
DTY	$22.7B	3.5	12%	8.8%	+25.4%	6/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

27 Analysts

Str Sell (0)Sell (1)Hold (7)Buy (18)Str Buy (1)

Mean Target (qtr)$210.437 targets

Target vs. Price+102.8%last-quarter mean

Next Report2026-11-05street $3.17

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$35.07B	$35.15B / $34.98B	$8.89	$9.26 / $8.25	6
FY2027	$35.33B	$42.52B / $21.10B	$11.07	$11.64 / $10.54	7
FY2028	$36.64B	$41.66B / $33.44B	$12.81	$15.24 / $10.18	6

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Quarter	$210.43	+102.8%	7
Last Year	$192.16	+85.2%	25
All Time	$159.92	+54.1%	37

Rolling mean of published targets vs. last close $103.75. Aggregated from StreetInsider, Benzinga.

Third-Party Composite Rating

B-

DCF

5/5

ROE

5/5

ROA

2/5

Debt/Eq

1/5

P/E

1/5

P/B

1/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

NRG -38.2% vs S&P 500 +15.9% — spread -54.1pp

Sector — XLU -8.1%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$101.56	+2.19	+2.16%	Above
SMA 50	$109.24	-5.49	-5.03%	Below
SMA 200	$137.56	-33.81	-24.58%	Below
EMA 9	$103.66	+0.09	+0.09%	Above
EMA 21	$104.11	-0.36	-0.35%	Below
EMA 50	$109.94	-6.19	-5.63%	Below
EMA 200	$129.70	-25.95	-20.01%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

TECHNICAL VERDICTNEUTRALPower Score +111 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%33

Momentum 25%50

Volume 20%69

Volatility 10%67

Patterns 15%50

This Week55% bullishof 11 price-based votes

4 Weeks Ago0%+55 pts since

12 Weeks Ago64%-9 pts since

ReadImprovingweek-over-week trajectory

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Price vs SMA 20$101.56

Price vs SMA 50$109.24

Price vs SMA 200$137.56

EMA 9/21 Cross103.7/104.1

SMA 50/200Death

ADX DirectionADX 22

Supertrend$94

Parabolic SAR$98

SMA Slope0.000

RSI48.0

Stochastic K/D54/60

StochRSI K/D64/70

Williams %R-39

CCI39

TSI vs Signal-8.0

CMO-4.1

ROC8.95%

OBV SignalAccum

Chaikin MF-0.020

MFI56

Force Index1M

Elder Ray Bull0.64

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 60

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$101.23 / $104.94 / $107.01	S1 / S2	$99.16 / $95.45
Bollinger (20,2)	$93.09 – $110.03	Squeeze	Off
52-wk range	$93.36 – $188.72	Off 52-wk high	-45.0%
ATR (14)	$4.65 (4.5%)	Historical vol	46.4%

+1.7%Jan50%

-1.0%Feb50%

+2.0%Mar57%

+6.0%Apr80%

+4.4%May55%

+0.8%Jun55%

+1.8%Jul60%

+0.5%Aug55%

-2.4%Sep50%

+0.6%Oct50%

+1.6%Nov50%

+0.5%Dec50%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	NRG	S&P 500
Weekly volatility (σ, 1y)	5.54%	1.83%
Best / worst week (1y)	+11.6% / -11.5%	—
Max drawdown (5y, monthly)	-46.2%	—
1-week VaR (95%)	-10.5%	—
Beta (5y)	1.17	1.00

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

NRG EQUITY WEATHER (LIVE)CLOUDY · -14

Trend+1

Momentum+27

Volume-51

Volatility-60

Breadth-18

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 184 stories, weekly buckets, −1 to +1.

Overall-13.9-2.4 vs industry

Trend+1.0+24.3 vs industry

Momentum+27.4+27.2 vs industry

Volume-51.1-66.1 vs industry

Reading	NRG	Independent Power Producers n=141	Utilities n=1,247	All US symbols n=70,435
Overall	-13.9	-11.5	-13.6	-20.5
Trend	+1.0	-23.2	-17.2	-21.3
Momentum	+27.4	+0.2	-4.2	-15.8
Volume	-51.1	+15.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Lawrence S. Coben President, Chief Executive	$21.8M	93% equity+incentive
Bruce Chung Executive Vice President and Chi	$14.5M	95% equity+incentive
Robert J. Gaudette Executive Vice President,	$12.9M	94% equity+incentive
Brad Bentley Executive Vice President, Presi	$12.1M	77% equity+incentive
Brian Curci Executive Vice President and Gen	$11.1M	94% equity+incentive

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Pillar (live disclosure scores)	Score
Environmental	57
Social	73
Governance	75
Composite ESG	68

Composite ESG Trend

Filed	8-K contents	Items
2026-08-04	Earnings Release; Exhibits	2.02,9.01
2026-07-15	Other Events	8.01
2026-05-21	Officer/Director Change; Regulation FD; Exhibits	5.02,7.01,9.01
2026-05-06	Earnings Release; Exhibits	2.02,9.01
2026-05-01	Shareholder Vote	5.07
2026-04-30	Officer/Director Change; Exhibits	5.02,9.01
2026-04-28	Material Agreement; Financial Obligation; Regulation FD; Exhibits	1.01,2.03,7.01,9.01
2026-04-14	Regulation FD; Exhibits	7.01,9.01

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-11-05 to 2026-08-04
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	91 rows · 2003 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-08-03 to 2026-09-08
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2026-03-27 to 2026-07-28
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

NRG Energy, Inc. (NRG)

Institutions holding — 12 quarters

NRG Energy, Inc. (NRG)

Monthly Net Insider Flow (000 shares)

Signal Summary

NRG Energy, Inc. (NRG)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding NRG — quarterly

Institutional Put/Call — quarterly

NRG Energy, Inc. (NRG)

Where NRG Trades in the Dark

NRG Energy, Inc. (NRG)

3.8 · Employees (SEC filings)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

Balance Sheet — Full

Cash Flow Statement — Full

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

Street Price Target — Trajectory

Third-Party Composite Rating

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

Family Scores (site weights)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NRG)