WEC Energy Group, Inc. (NYSE:WEC) is one of the best infrastructure stocks to buy right now. On February 6, Mizuho lifted its price target on WEC Energy Group, Inc. (NYSE:WEC) to $121 from $117 and maintained an Outperform rating on the stock. Mizuho said its PT raise was supported by WEC’s strong performance in Q4 2025 financial results, which the company shared the day before.
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In the results, WEC Energy’s full-year 2025 earnings per share came in at $5.27, which narrowly beat Wall Street’s expected $5.25. This was an 8% increase over 2024’s adjusted earnings. For the fourth quarter, the company’s net income reached $316.6 million, or $0.97 per share, which compares to the $453.5 million, or $1.43 per share, posted in Q4 2024.
WEC Energy initiated a 2026 guidance range of $5.51-$5.61 and forecasted a 6.5%-7% EPS compound annual growth rate this year. For the longer term, the company expects a growth of 7%-8% off the midpoint. Mizuho believes that management’s confidence in future growth is a great boost for investor sentiment, which is why the firm lifted its price target on the shares.
Separately, on the same day, February 6, Scotiabank reaffirmed its Sector Outperform rating on WEC Energy Group and kept the $140 price target. The bank said that strong growth prospects driven by increasing data center demand was the key factor supporting its decision.
The analysts highlighted WEC’s remarkable track record of exceeding earnings guidance. They also noted that the company has surpassed original EPS guidance midpoints for 22 consecutive years, and expressed confidence in WEC’s guidance of 7%-8% growth.
WEC Energy Group, Inc. (NYSE:WEC) is a Milwaukee, Wisconsin-based utility holding company that provides electricity and natural gas to 4.7 million customers across the Midwest. The company operates regulated utilities and transmission networks, mainly through its WEC Infrastructure segment.
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Disclosure: None. This article is originally published at Insider Monkey.