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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.