PG&E Corporation (PCG)
NYSE: PCG · IEX Real-Time Price · USD
18.64
+0.04 (0.22%)
May 20, 2024, 1:07 PM EDT - Market open
PG&E Corporation Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for PG&E Corporation stock have an average target of 19.5, with a low estimate of 14 and a high estimate of 23. The average target predicts an increase of 4.61% from the current stock price of 18.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PCG stock from 10 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 | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $21 → $23 | Strong Buy | Maintains | $21 → $23 | +23.39% | May 17, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +12.66% | Apr 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | +1.93% | Apr 23, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $21 | Strong Buy | Initiates | $21 | +12.66% | Apr 10, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +1.93% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
25.82B
from 24.43B
Increased by 5.68%
Revenue Next Year
27.00B
from 25.82B
Increased by 4.59%
EPS This Year
1.37
from 1.05
Increased by 30.17%
EPS Next Year
1.48
from 1.37
Increased by 8.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.2B | 36.6B | 41.9B | 29.6B | 29.1B |
| Avg | 25.8B | 27.0B | 28.4B | 27.2B | 27.9B |
| Low | 22.5B | 23.7B | 24.7B | 25.8B | 26.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.9% | 41.8% | 55.3% | 4.2% | 7.0% |
| Avg | 5.7% | 4.6% | 5.1% | -4.1% | 2.3% |
| Low | -7.8% | -8.3% | -8.4% | -9.3% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.46 | 1.57 | 1.72 | 1.88 | 2.05 |
| Avg | 1.37 | 1.48 | 1.60 | 1.75 | 1.93 |
| Low | 1.30 | 1.40 | 1.41 | 1.59 | 1.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.0% | 14.8% | 16.3% | 17.4% | 17.1% |
| Avg | 30.2% | 8.3% | 8.1% | 9.3% | 10.3% |
| Low | 24.1% | 2.5% | -4.7% | -0.8% | 4.8% |
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.