PG&E Corp

PG&E Corp Stock Forecast & Price Prediction

Live PG&E Corp Stock (PCG) Price
$20.25

14

Ratings

  • Buy 8
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$20.25

P/E Ratio

17.31

Volume Traded Today

$18.3M

Dividend

$0.01

52 Week High/low

20.93/15.94

PG&E Corp Market Cap

$52.96B

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PCG Summary

Based on ratings from 14 stock analysts, the PG&E Corp stock price is expected to increase by 13.83% in 12 months. This is calculated by using the average 12-month stock price forecast for PG&E Corp. The lowest target is $16.78 and the highest is $26. Please note analyst price targets are not guaranteed and could be missed completely.

PCG Analyst Ratings

PG&E Corp has a total of 14 Wall St Analyst ratings. There are 8 buy ratings, 6 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that PG&E Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

PCG stock forecast by analyst

These are the latest 20 analyst ratings of PCG.

Analyst/Firm

Rating

Price Target

Change

Date

Nicholas Campanella
Barclays

Overweight

$25

Maintains

Oct 21, 2024
Julien Dumoulin-Smith
Jefferies

Buy

$24

Initiates

Oct 14, 2024
Stephen Byrd
Morgan Stanley

Equal-Weight

$20

Maintains

Sep 25, 2024
Ross Fowler
B of A Securities

Buy

$24

Reinstates

Sep 12, 2024
Gregg Orrill
UBS

Buy

$26

Maintains

Sep 3, 2024
Stephen Byrd
Morgan Stanley

Equal-Weight

$19

Maintains

Aug 23, 2024
Nicholas Campanella
Barclays

Overweight

$23

Maintains

Jul 30, 2024
Neil Kalton
Wells Fargo

Overweight

$22

Maintains

Jul 26, 2024
Nicholas Campanella
Barclays

Overweight

$22

Maintains

Jul 22, 2024
Stephen Byrd
Morgan Stanley

Equal-Weight

$17

Maintains

Jun 24, 2024
Nicholas Campanella
Barclays

Overweight

$21

Maintains

Jun 17, 2024
Praful Mehta
Citigroup

Buy

$21

Maintains

Jun 14, 2024
Jeremy Tonet
JP Morgan

Overweight

$22

Upgrade

Jun 10, 2024
Nicholas Campanella
Barclays

Overweight

$22

Maintains

Jun 5, 2024
Stephen Byrd
Morgan Stanley

Equal-Weight

$18

Maintains

May 28, 2024
Paul Fremont
Mizuho

Buy

$23

Maintains

May 17, 2024
Eric Beaumont
Barclays

Overweight

$21

Maintains

Apr 26, 2024
Jeremy Tonet
JP Morgan

Neutral

$19

Maintains

Apr 23, 2024
Carly Davenport
Goldman Sachs

Buy

$21

Initiates

Apr 10, 2024
Eric Beaumont
Barclays

Overweight

$19

Maintains

Jan 22, 2024

PCG Company Information

What They Do: Provides electricity and natural gas services.

Business Model: The company operates as a utility, generating and delivering electricity and natural gas to a diverse customer base across northern and central California. It earns revenue through the sale of these energy services, leveraging various generation sources including nuclear, hydroelectric, and fossil fuels.

Other Information: Founded in 1905 and headquartered in Oakland, California, PG&E Corporation owns a comprehensive network of transmission and distribution infrastructure, ensuring reliable service to residential, commercial, industrial, and agricultural customers.
PCG
PG&E Corp (PCG)

When did it IPO

1972

Staff Count

28,010

Country

United States

Sector/Industry

Utilities/Utilities - Regulated Electric

CEO

Ms. Patricia Kessler Poppe

Market Cap

$52.96B

PG&E Corp (PCG) Financial Data

In 2023, PCG generated $24.43B in revenue, which was a increase of 12.68% from the previous year. This can be seen as a signal that PCG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$18.47B

Revenue From 2021

$20.64B

11.77 %
From Previous Year

Revenue From 2022

$21.68B

5.03 %
From Previous Year

Revenue From 2023

$24.43B

12.68 %
From Previous Year
  • Revenue TTM $24.78B
  • Operating Margin TTM 21.0%
  • Gross profit TTM $8.31B
  • Return on assets TTM 2.3%
  • Return on equity TTM 10.0%
  • Profit Margin 10.2%
  • Book Value Per Share 12.28%
  • Market capitalisation $52.96B
  • Revenue for 2021 $20.64B
  • Revenue for 2022 $21.68B
  • Revenue for 2023 $24.43B
  • EPS this year (TTM) $1.17

PG&E Corp (PCG) Latest News

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PCG's Q3 results are expected to show positive impacts from prior general rate case approvals and decreased non-fuel operating and maintenance expenses.

Why It Matters - PCG's Q3 results may indicate improved profitability due to favorable rate case outcomes and cost-cutting measures, signaling potential growth and stability for investors.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - PG&E has updated its R&D strategy to focus on AI and innovations to enhance clean energy goals and customer experience, indicating a prioritization of technology in its future plans.

Why It Matters - PG&E's R&D strategy shift towards AI indicates a commitment to innovation, potentially improving operational efficiency and customer satisfaction, which could enhance its market position and profitability.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PG&E (PCG) is expected to report earnings soon, with analysts anticipating a likely earnings beat due to favorable conditions. Investors should watch for key expectations in the report.

Why It Matters - PG&E's potential earnings beat signals strong performance, likely boosting stock prices and investor confidence, and may attract more investment interest.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - PG&E (PCG) has a strong history of earnings surprises and is well-positioned for a potential beat in its upcoming quarterly report.

Why It Matters - PG&E's strong earnings surprise history and favorable conditions suggest potential outperformance in its upcoming report, likely boosting investor confidence and stock performance.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Barrons

Summary - The Global Select Equity Strategy manager prioritizes investments in companies with high margins, strong cash flow, competitive advantages, and significant growth potential.

Why It Matters - This strategy indicates a focus on quality companies with strong fundamentals, suggesting potential for stable returns and resilience against market volatility, which can attract investor interest.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Eaton, GE Vernova, and NVIDIA will present innovative technologies in energy at PG&E's 2024 Innovation Summit on November 13, focusing on AI, energy storage, and electric vehicle management.

Why It Matters - The announcement highlights advancements in energy technology, indicating potential growth areas for companies involved, which could impact stock performance and investment strategies in the sector.

...

PCG Frequently asked questions

The highest forecasted price for PCG is $26 from Gregg Orrill at UBS.

The lowest forecasted price for PCG is $16.78 from from

The PCG analyst ratings consensus are 8 buy ratings, 6 hold ratings, and 0 sell ratings.