XPLR Infrastructure, LP (XIFR) Stock Price & Analysis
XPLR Infrastructure, LP (XIFR) closed at USD 9.84 on Thursday, October 22, 2026, down 0.51% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 9.89; the Oct 22, 2026 session ranged USD 9.68–9.88 on volume of 1,246,204 shares. Market capitalization is $927.91M, with a 52-week range of USD 8.68–13.25 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/XIFR.md
Key facts (XIFR)
- Last four reported quarters (through Jun 30, 2026): revenue $1.20B, net income $62.0M (5.2% margin), free cash flow -$409M (SEC filings).
- Valuation: P/E 15.0x (avg 13.9x at the last 1 fiscal year-ends), net debt $5.53B.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (14 analysts), mean target USD 11.91 (range 7–14).
- Total return with dividends: 1Y -2.6% vs S&P 500 +14.9%; 5Y -84.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 1.1, revenue estimate $352M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (XIFR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $722M | $969M | $1.08B | $1.23B | $1.19B | $1.20B |
| Operating income | $64.0M | $44.0M | -$28.0M | -$459M | -$186M | -$1.0M |
| Net income | $137M | $477M | $200M | -$23.0M | -$28.0M | $62.0M |
| EPS (diluted) | $1.77 | $5.62 | — | — | — | — |
| Free cash flow | $564M | -$575M | -$538M | $559M | -$219M | -$409M |
| Operating margin | 8.9% | 4.5% | -2.6% | -37.3% | -15.7% | -0.1% |
| Net margin | 19.0% | 49.2% | 18.6% | -1.9% | -2.4% | 5.2% |
| Revenue growth | -21.3% | +34.2% | +11.2% | +14.1% | -3.4% | — |
| Cash + short-term investments | $147M | $226M | $274M | $283M | $960M | — |
| Total debt | $5.33B | $5.29B | $6.29B | $5.31B | $6.20B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (XIFR)
P/E 15.0x · P/S 0.8x · EV/Sales 5.4x · P/B 0.1x · FCF yield -44.08% · Earnings yield 6.68% · Net debt $5.53B · EV $6.46B
P/E at fiscal year-ends: Dec 2023 13.9x.
Analysts (XIFR)
Consensus Hold (mean 3.00 on a 1–5 scale), 14 analysts; mean target USD 11.91 (low 7, high 14).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Morgan Stanley | Target lowered | Underweight | $12 → $11 |
| 2026-07-29 | Mizuho | Target raised | Neutral | $12 → $13 |
Total return (dividends reinvested) (XIFR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -2.6% | -84.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -2.6% | -31.1% |
| Volatility (annualized) | 34.7% | 49.3% |
| Max drawdown | -24.5% (Jul 2026→Oct 2026) | -87.9% (Nov 2021→Jun 2025) |
XIFR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | NEXTERA ENERGY INC (NEE) | “(b) At December 31, 2025, NEE Equity owns approximately 51.2% of XPLR OpCo's common units representing limited partnership interests and 100% of XPLR OpCo's Class P units.” |
Quoted from the company's 10-K filed Feb 17, 2026.
XIFR customer concentration
In the period ended Dec 31, 2025, 2 direct customers each accounted for at least 10% (15%, 14%) of revenue, per the company's 10-K filed Feb 17, 2026. The company does not name them.
XIFR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.10 | $0.00 | — | $351.8M | 1 |
| Next quarter (ends Dec 2026) | $-0.16 | $0.57 | -128.1% | $357.2M | 1 |
| Current fiscal year (ends Dec 2026) | $1.69 | $1.18 | +43.8% | $1.32B | 1 |
| Next fiscal year (ends Dec 2027) | $-1.86 | $0.09 | -2166.7% | $1.39B | 1 |
XIFR options: expected move
Options price a move of about ±10.7% (±$1.05) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±12.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 46.7% | ±10.7% |
| Dec 18, 2026 | 56 | 41.4% | ±13.2% |
| Jan 15, 2027 | 84 | 38.4% | ±15.0% |
| Apr 16, 2027 | 175 | 41.1% | ±22.9% |
30-day implied volatility 43.2% vs 21.1% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 9.84 |
|---|---|
| Change | ▼ 0.51% (down) |
| Previous Close | USD 9.89 |
| Open | USD 9.83 |
| Day Range | USD 9.68 – 9.88 |
| 52-Week Range | USD 8.68 – 13.25 |
| Volume | 1,246,204 shares |
| Market Cap | $927.91M |
| Exchange | NYQ |
Technical Analysis (XIFR)
Nexqual's technical model rates XIFR "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 27.7 (oversold) |
| vs SMA50 | Below (USD 10.95) |
| MACD | -0.33 (negative) |
Analyst Ratings (XIFR)
Wall Street analysts rate XIFR "Hold" based on 14 analysts, with a mean price target of USD 11.91 (range USD 7–14), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 11.91 |
| High Target | USD 14 |
| Low Target | USD 7 |
| Buy / Hold / Sell | 3 / 8 / 3 |
Earnings (XIFR)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.1 |
| Revenue Estimate | $351.77M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.4 vs est -0.5 ▲ beat |
| 2026-03-31 | USD 0.35 vs est 0.14 ▲ beat |
| 2025-12-31 | USD 0.31 vs est -0.57 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (XIFR)
| Total Revenue | $1.20B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.10% |
| Gross Margin | +53.16% |
| Operating Margin | +16.25% |
| Profit Margin | +5.16% |
| ROE | -1.61% |
| Debt / Equity | 0.57 |
| Current Ratio | 1.27 |
| Total Cash | $500.00M |
| Total Debt | $6.03B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$409.00M (-34.0% of revenue) |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (XIFR)
Nexqual rates XPLR Infrastructure, LP's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Weak — Revenue -3% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 53%, operating 16% (last 12 months) |
| Balance Sheet | Solid — $500M cash and investments vs $6.03B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$409M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -2%, ROA 0.0% |
Ownership (XIFR)
| Insider Ownership | +3.28% |
|---|---|
| Institutional Ownership | +67.36% |
| Shares Outstanding | 94.27M |
| Float | 84.13M |
| Short % of Float | +6.05% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (XIFR)
XPLR Infrastructure, LP is led by S. Alan Liu, President & CEO, per Nexqual as of October 23, 2026 at 10:11 UTC.
| President & CEO | S. Alan Liu |
|---|---|
| Chief Financial Officer | Jessica Geoffroy |
| Director of Investor Relations | Kanghee Jeon |
Major Backers & Investors (XIFR)
Notable institutional backers of XPLR Infrastructure, LP include Anchorage Capital Advisors, L.P. , Morgan Stanley, Adage Capital Partners GP L.L.C., according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Anchorage Capital Advisors, L.P. | 8.22% |
| Morgan Stanley | 7.7% |
| Adage Capital Partners GP L.L.C. | 6.77% |
| Two Sigma Investments, LP | 3.48% |
| Ripple Effect Asset Management LP | 2.94% |
| American Century Companies Inc | 2.55% |
| Yaupon Capital Management, LP | 2.06% |
| Prescott Group Capital Management, L.L.C. | 1.41% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
From XPLR Infrastructure, LP's Latest SEC 10-K Filing (filed 2026-02-17)
Partnerships
- XPLR and XPLR OpCo are parties to a ROFR agreement with NEER granting NEER and its subsidiaries (other than XPLR OpCo and its subsidiaries) a right of first refusal on any proposed sale of any XPLR OpCo ROFR assets.
- Pursuant to the terms of the ROFR agreement, prior to engaging in any negotiation regarding any sale of a XPLR OpCo ROFR asset, XPLR OpCo must first negotiate with NEER to attempt to reach an agreement on a sale of such asset to NEER or any of its subsidiaries.
Legal & Regulatory Risks (Item 1A, quoted)
- XPLR's business is subject to liabilities and operating restrictions arising from environmental, health and safety laws and regulations and other standards, compliance with which may require significant capital expenditures, increase XPLR's cost of operations and affect or limit its business plans.
- XPLR's business, financial condition, results of operations, liquidity and ability to execute its business plan could be materially adversely affected by new or revised laws, regulations or executive orders, as well as by regulatory action or inaction.
- Government laws, regulations and policies providing incentives and subsidies for clean energy could be changed, reduced or eliminated at any time and such changes may negatively impact XPLR and its ability to repower, acquire, develop or invest in clean energy and related projects.
- Regulatory decisions that are important to XPLR may be materially adversely affected by political, regulatory, operational and economic factors.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FLNC | Fluence Energy, Inc. | USD 5.7 | ▼ 5% |
| NRGV | Energy Vault Holdings, Inc. | USD 2.59 | ▼ 5.47% |
| FRVO | Fervo Energy Company | USD 8.25 | ▼ 8.54% |
| RNW | ReNew Energy Global plc | USD 6.88 | ▲ 0.15% |
| MWH | SOLV Energy, Inc. | USD 21.53 | ▼ 7.4% |
| ORA | Ormat Technologies, Inc. | USD 88.1 | ▼ 1.51% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt