Evergy, Inc. (EVRG): A Bull Case Theory

We came across a bullish thesis on Evergy, Inc. (EVRG) on Substack by Hidden Market Gems. In this article, we will summarize the bulls’ thesis on EVRG. Evergy, Inc. (EVRG)’s share was trading at $65.17 as of April 9^th. EVRG’s trailing and forward P/E were 17.20 and 16.21 respectively according to Yahoo Finance.

An overhead view of electricity transmission towers, showing the scale and reach of the company’s network.

Evergy (EVRG) is the kind of name that starts making sense when the market shifts from chasing narratives to prioritizing resilience. As trade war fears resurface and tariffs come back into focus, companies like EVRG — a Midwest utility providing electricity — are exactly what investors should be looking at. Nobody’s slapping tariffs on electricity. It’s local, essential, and completely detached from global supply chains. That’s the kind of setup that holds up when the macro turns messy. With inflation still sticky, public deficits stretched, rates staying high, and geopolitical risk climbing, the environment favors businesses that don’t care about any of that. EVRG fits that mold. It’s defensive, boring in the right way, and pays a high yield while riding low volatility. When sector rotations hit and panic selling drags everything down, this is the kind of stock that doesn’t just survive — it becomes a port in the storm.

Evergy, Inc. (EVRG) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 38 hedge fund portfolios held EVRG at the end of the fourth quarter which was 30 in the previous quarter. While we acknowledge the risk and potential of EVRG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than EVRG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. This article was originally published at Insider Monkey.