FirstEnergy Corp. (FE)
NYSE: FE · IEX Real-Time Price · USD
40.00
-0.05 (-0.11%)
May 20, 2024, 1:40 PM EDT - Market open
FirstEnergy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for FirstEnergy stock have an average target of 40, with a low estimate of 35 and a high estimate of 45. The average target predicts an increase of 0.01% from the current stock price of 40.00.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FirstEnergy stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell Maintains $30 → $35 | Sell | Maintains | $30 → $35 | -12.49% | Apr 23, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $41 → $40 | Hold | Maintains | $41 → $40 | +0.01% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $45 | Strong Buy | Initiates | $45 | +12.51% | Apr 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $41 → $43 | Buy | Maintains | $41 → $43 | +7.51% | Jan 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $44 → $42 | Buy | Maintains | $44 → $42 | +5.01% | Oct 25, 2023 |
Financial Forecast
Revenue This Year
13.79B
from 12.87B
Increased by 7.12%
Revenue Next Year
14.26B
from 13.79B
Increased by 3.46%
EPS This Year
2.77
from 1.92
Increased by 44.26%
EPS Next Year
2.94
from 2.77
Increased by 6.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6B | 15.2B | 15.7B | 16.4B | 17.3B |
| Avg | 13.8B | 14.3B | 14.7B | 15.9B | 16.8B |
| Low | 12.5B | 12.6B | 12.6B | 14.7B | 15.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.6% | 10.1% | 10.1% | 11.6% | 9.0% |
| Avg | 7.1% | 3.5% | 3.2% | 7.8% | 5.8% |
| Low | -2.8% | -8.3% | -11.4% | -0.3% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.86 | 3.06 | 3.26 | 3.50 | 3.78 |
| Avg | 2.77 | 2.94 | 3.13 | 3.39 | 3.63 |
| Low | 2.57 | 2.49 | 2.66 | 3.19 | 3.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.8% | 10.3% | 10.7% | 11.7% | 11.6% |
| Avg | 44.3% | 6.1% | 6.5% | 8.2% | 7.3% |
| Low | 33.7% | -10.1% | -9.7% | 1.7% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.