FirstEnergy (FE) Stock Forecast, Price Target & Predictions
FE Stock Forecast
FirstEnergy stock forecast is as follows: an average price target of $44.63 (represents a 0.36% upside from FE’s last price of $44.47) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
FE Price Target
The average price target for FirstEnergy (FE) is $44.63 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $40.00. This represents a potential 0.36% upside from FE's last price of $44.47.
FE Analyst Ratings
According to 8 Wall Street analysts, FirstEnergy's rating consensus is 'Buy'. The analyst rating breakdown for FE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 4 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
FirstEnergy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Andrew Weisel | Scotiabank | $45.00 | $44.06 | 2.13% | 1.19% |
| Jul 09, 2024 | Nicholas Campanella | Barclays | $40.00 | $38.59 | 3.65% | -10.05% |
| Jun 05, 2024 | Sophie Karp | KeyBanc | $43.00 | $39.66 | 8.41% | -3.31% |
| Jun 03, 2024 | Paul Fremont | Mizuho Securities | $41.00 | $40.26 | 1.84% | -7.80% |
| Dec 15, 2022 | - | Morgan Stanley | $47.00 | $42.00 | 11.90% | 5.69% |
| Nov 11, 2022 | - | Morgan Stanley | $45.00 | $37.80 | 19.06% | 1.19% |
| Jul 28, 2022 | - | Wells Fargo | $44.00 | $39.33 | 11.87% | -1.06% |
| Jul 21, 2022 | - | Morgan Stanley | $49.00 | $37.58 | 30.39% | 10.19% |
| Jun 07, 2022 | - | Mizuho Securities | $40.00 | $41.83 | -4.37% | -10.05% |
| May 23, 2022 | - | Morgan Stanley | $51.00 | $42.71 | 19.41% | 14.68% |
The latest FirstEnergy stock forecast, released on Sep 12, 2024 by Andrew Weisel from Scotiabank, set a price target of $45.00, which represents a 2.13% increase from the stock price at the time of the forecast ($44.06), and a 1.19% increase from FE last price ($44.47).
FirstEnergy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $45.00 | $42.50 | $42.25 |
| Last Closing Price | $44.47 | $44.47 | $44.47 |
| Upside/Downside | 1.19% | -4.43% | -4.99% |
In the current month, the average price target of FirstEnergy stock is $45.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.19% increase as opposed to FirstEnergy's last price of $44.47. This month's average price target is up 5.88% compared to last quarter, and up 6.51% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 20, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 14, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 28, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jun 05, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Apr 23, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Apr 09, 2024 | Goldman Sachs | - | Buy | Initialise |
FirstEnergy's last stock rating was published by Scotiabank on Sep 12, 2024. The company gave FE a "Sector Perform" rating, the same as its previous rate.
FirstEnergy Financial Forecast
FirstEnergy Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.15B | $3.49B | $3.01B | $3.23B | $3.18B | $3.48B | - | $2.99B | $2.66B | $3.12B |
| Avg Forecast | $3.16B | $3.50B | $3.07B | $3.16B | $3.15B | $3.51B | $3.07B | $3.16B | $3.19B | $3.48B | $3.08B | $3.15B | $3.15B | $3.52B | $3.37B | $3.57B | $4.18B | $4.08B | $3.46B | $3.22B | $3.10B | $3.54B | $2.91B | $3.05B | $2.34B | $3.11B | $2.72B | $2.82B | $2.71B | $3.04B |
| High Forecast | $4.18B | $4.63B | $4.06B | $4.18B | $4.16B | $4.63B | $4.06B | $4.18B | $4.21B | $4.60B | $4.07B | $4.16B | $4.16B | $4.65B | $4.45B | $4.71B | $5.52B | $4.38B | $4.57B | $4.26B | $3.13B | $3.77B | $3.85B | $4.03B | $3.10B | $4.11B | $2.72B | $2.92B | $2.81B | $3.15B |
| Low Forecast | $2.80B | $3.10B | $2.72B | $2.80B | $2.79B | $3.10B | $2.72B | $2.80B | $2.82B | $3.08B | $2.72B | $2.79B | $2.79B | $3.11B | $2.98B | $3.16B | $3.70B | $3.83B | $3.06B | $2.85B | $3.06B | $3.42B | $2.58B | $2.70B | $2.07B | $2.75B | $2.72B | $2.74B | $2.63B | $2.95B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.99% | 1.03% | 1.06% | 1.36% | 1.12% | - | 1.06% | 0.98% | 1.03% |
FirstEnergy's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.22B, with a low forecast of $2.85B, and a high forecast of $4.26B. FE's average Quarter revenue forecast represents a 2.42% increase compared to the company's last Quarter revenue of $3.15B (Dec 23).
FirstEnergy EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $921.00M | $1.10B | $481.00M | $929.00M | $975.00M | $1.02B | - | $1.02B | $1.18B | $1.15B |
| Avg Forecast | $1.03B | $1.14B | $996.25M | $1.03B | $1.02B | $1.14B | $997.05M | $1.03B | $1.03B | $1.13B | $998.80M | $1.02B | $1.02B | $1.14B | $1.09B | $1.16B | $1.36B | $1.32B | $1.12B | $1.28B | $1.01B | $1.15B | $944.98M | $1.16B | $760.54M | $1.21B | $882.67M | $1.06B | $1.20B | $1.10B |
| High Forecast | $1.36B | $1.50B | $1.32B | $1.36B | $1.35B | $1.50B | $1.32B | $1.36B | $1.37B | $1.49B | $1.32B | $1.35B | $1.35B | $1.51B | $1.44B | $1.53B | $1.79B | $1.42B | $1.48B | $1.53B | $1.01B | $1.22B | $1.25B | $1.40B | $1.01B | $1.45B | $882.67M | $1.27B | $1.44B | $1.32B |
| Low Forecast | $908.45M | $1.01B | $881.87M | $908.16M | $904.04M | $1.01B | $882.59M | $908.27M | $915.87M | $999.27M | $884.13M | $904.42M | $905.17M | $1.01B | $967.72M | $1.02B | $1.20B | $1.24B | $994.38M | $1.02B | $993.54M | $1.11B | $836.49M | $930.19M | $673.23M | $969.34M | $882.67M | $845.63M | $962.15M | $881.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.96% | 0.51% | 0.80% | 1.28% | 0.84% | - | 0.97% | 0.98% | 1.04% |
2 analysts predict FE's average Quarter EBITDA for Mar 24 to be $1.28B, with a high of $1.53B and a low of $1.02B. This is 38.87% upper than FirstEnergy's previous annual EBITDA (Dec 23) of $921.00M.
FirstEnergy Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $175.00M | $400.00M | $254.00M | $292.00M | $-385.00M | $334.00M | - | $288.00M | $430.00M | $463.00M |
| Avg Forecast | $477.85M | $642.87M | $433.67M | $478.54M | $523.47M | $585.48M | $406.08M | $392.57M | $458.73M | $594.60M | $367.14M | $374.05M | $403.16M | $529.88M | $337.08M | $382.76M | $398.84M | $524.13M | $321.06M | $359.72M | $346.81M | $489.43M | $261.30M | $327.02M | $302.49M | $489.96M | $302.14M | $297.29M | $435.21M | $445.42M |
| High Forecast | $677.55M | $911.54M | $614.91M | $678.53M | $742.23M | $830.15M | $575.79M | $556.63M | $650.44M | $843.10M | $520.58M | $530.38M | $571.65M | $751.32M | $477.94M | $542.72M | $565.52M | $743.17M | $455.23M | $431.67M | $352.59M | $506.51M | $370.49M | $392.42M | $428.91M | $587.95M | $302.14M | $356.75M | $522.25M | $534.50M |
| Low Forecast | $406.53M | $546.92M | $368.95M | $407.12M | $445.34M | $498.10M | $345.47M | $333.98M | $390.26M | $505.86M | $312.35M | $318.23M | $342.99M | $450.79M | $286.77M | $325.64M | $339.32M | $512.48M | $273.14M | $287.78M | $341.03M | $478.05M | $222.30M | $261.62M | $257.35M | $391.97M | $302.14M | $237.83M | $348.17M | $356.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.50% | 0.82% | 0.97% | 0.89% | -1.27% | 0.68% | - | 0.97% | 0.99% | 1.04% |
FirstEnergy's average Quarter net income forecast for Mar 24 is $359.72M, with a range of $287.78M to $431.67M. FE's average Quarter net income forecast represents a 105.56% increase compared to the company's last Quarter net income of $175.00M (Dec 23).
FirstEnergy SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $137.00M | - | - | - | - | - | - | - | $-382.00M | - |
| Avg Forecast | $45.07M | $49.89M | $43.75M | $45.05M | $44.85M | $49.95M | $43.78M | $45.06M | $45.43M | $49.57M | $43.86M | $44.87M | $44.90M | $50.15M | $48.01M | $50.81M | $59.51M | $58.15M | $49.33M | $45.92M | $44.17M | $50.44M | $41.50M | $43.41M | $33.40M | $44.30M | $38.76M | $40.17M | $-389.35M | $43.32M |
| High Forecast | $59.55M | $65.93M | $57.81M | $59.53M | $59.26M | $66.01M | $57.86M | $59.54M | $60.04M | $65.51M | $57.96M | $59.29M | $59.34M | $66.27M | $63.44M | $67.14M | $78.64M | $62.40M | $65.19M | $60.68M | $44.57M | $53.75M | $54.84M | $57.37M | $44.13M | $58.54M | $38.76M | $41.67M | $-311.48M | $44.94M |
| Low Forecast | $39.89M | $44.17M | $38.72M | $39.88M | $39.70M | $44.22M | $38.76M | $39.88M | $40.22M | $43.88M | $38.82M | $39.71M | $39.75M | $44.39M | $42.49M | $44.97M | $52.68M | $54.52M | $43.67M | $40.65M | $43.63M | $48.77M | $36.73M | $38.43M | $29.56M | $39.22M | $38.76M | $39.04M | $-467.22M | $42.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.10% | - | - | - | - | - | - | - | 0.98% | - |
FirstEnergy's average Quarter SG&A projection for Mar 24 is $45.92M, based on 2 Wall Street analysts, with a range of $40.65M to $60.68M. The forecast indicates a -66.48% fall compared to FE last annual SG&A of $137.00M (Dec 23).
FirstEnergy EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.70 | $0.44 | $0.51 | $-0.67 | $0.58 | - | $0.51 | $0.79 | $0.85 |
| Avg Forecast | $0.83 | $1.12 | $0.75 | $0.83 | $0.91 | $1.02 | $0.70 | $0.68 | $0.80 | $1.03 | $0.64 | $0.65 | $0.70 | $0.92 | $0.59 | $0.66 | $0.69 | $0.91 | $0.56 | $0.54 | $0.60 | $0.85 | $0.45 | $0.61 | $0.53 | $0.79 | $0.52 | $0.62 | $0.52 | $0.79 |
| High Forecast | $1.18 | $1.58 | $1.07 | $1.18 | $1.29 | $1.44 | $1.00 | $0.97 | $1.13 | $1.46 | $0.90 | $0.92 | $0.99 | $1.30 | $0.83 | $0.94 | $0.98 | $1.29 | $0.79 | $0.76 | $0.61 | $0.88 | $0.64 | $0.86 | $0.74 | $1.11 | $0.52 | $0.65 | $0.54 | $0.83 |
| Low Forecast | $0.71 | $0.95 | $0.64 | $0.71 | $0.77 | $0.86 | $0.60 | $0.58 | $0.68 | $0.88 | $0.54 | $0.55 | $0.60 | $0.78 | $0.50 | $0.57 | $0.59 | $0.89 | $0.47 | $0.46 | $0.59 | $0.83 | $0.39 | $0.52 | $0.45 | $0.67 | $0.52 | $0.59 | $0.50 | $0.76 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.97% | 0.84% | -1.28% | 0.74% | - | 0.83% | 1.53% | 1.07% |
According to 4 Wall Street analysts, FirstEnergy's projected average Quarter EPS for Dec 23 is $0.60, with a low estimate of $0.59 and a high estimate of $0.61. This represents a -13.99% decrease compared to FE previous annual EPS of $0.70 (Sep 23).
FirstEnergy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXC | Exelon | $40.23 | $46.50 | 15.59% | Buy |
| CNP | CenterPoint Energy | $27.93 | $30.55 | 9.38% | Hold |
| XEL | Xcel Energy | $63.84 | $68.67 | 7.57% | Buy |
| D | Dominion Energy | $58.16 | $62.50 | 7.46% | Hold |
| AEE | Ameren | $83.99 | $89.73 | 6.83% | Buy |
| DTE | DTE Energy Company | $125.95 | $133.92 | 6.33% | Buy |
| LNT | Alliant Energy | $59.65 | $61.00 | 2.26% | Buy |
| FE | FirstEnergy | $44.47 | $44.63 | 0.36% | Buy |
| DUK | Duke Energy | $117.31 | $113.50 | -3.25% | Buy |
| EIX | Edison | $85.42 | $82.63 | -3.27% | Hold |
| AEP | American Electric Power Company | $104.17 | $99.20 | -4.77% | Buy |
| ETR | Entergy | $127.09 | $119.63 | -5.87% | Buy |
| PEG | Public Service Enterprise Group | $84.16 | $78.43 | -6.81% | Buy |
| ED | Consolidated Edison | $104.56 | $88.60 | -15.26% | Hold |
| SO | Southern Company | $89.44 | $75.27 | -15.84% | Buy |
| PNW | Pinnacle West Capital | $90.70 | $72.67 | -19.88% | Buy |
FE Forecast FAQ
Is FirstEnergy a good buy?
Yes, according to 8 Wall Street analysts, FirstEnergy (FE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of FE's total ratings.
What is FE's price target?
FirstEnergy (FE) average price target is $44.63 with a range of $40 to $51, implying a 0.36% from its last price of $44.47. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will FirstEnergy stock go up soon?
According to Wall Street analysts' prediction for FE stock, the company can go up by 0.36% (from the last price of $44.47 to the average price target of $44.63), up by 14.68% based on the highest stock price target, and down by -10.05% based on the lowest stock price target.
Can FirstEnergy stock reach $70?
FE's average twelve months analyst stock price target of $44.63 does not support the claim that FirstEnergy can reach $70 in the near future.
What is FirstEnergy's current price target trend?
1 Wall Street analyst forecast a $45 price target for FirstEnergy (FE) this month, up 1.19% from its last price of $44.47. Compared to the last 3 and 12 months, the average price target decreased by -4.43% and decreased by -4.99%, respectively.
What are FirstEnergy's analysts' financial forecasts?
FirstEnergy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.89B (high $17.03B, low $11.41B), average EBITDA is $4.18B (high $5.53B, low $3.7B), average net income is $1.91B (high $2.7B, low $1.62B), average SG&A $183.64M (high $242.67M, low $162.56M), and average EPS is $3.31 (high $4.7, low $2.82). FE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.9B (high $17.04B, low $11.41B), average EBITDA is $4.18B (high $5.53B, low $3.7B), average net income is $2.03B (high $2.88B, low $1.73B), average SG&A $183.76M (high $242.83M, low $162.66M), and average EPS is $3.53 (high $5, low $3).
Did the FE's actual financial results beat the analysts' financial forecasts?
Based on FirstEnergy's last annual report (Dec 2023), the company's revenue was $12.87B, beating the average analysts forecast of $12.6B by 2.17%. Apple's EBITDA was $3.99B, missing the average prediction of $4.26B by -6.43%. The company's net income was $1.1B, missing the average estimation of $1.42B by -22.64%. Apple's SG&A was $78M, missing the average forecast of $179.51M by -56.55%. Lastly, the company's EPS was $1.92, missing the average prediction of $2.52 by -23.67%. In terms of the last quarterly report (Dec 2023), FirstEnergy's revenue was $3.15B, beating the average analysts' forecast of $3.1B by 1.51%. The company's EBITDA was $921M, missing the average prediction of $1.01B by -8.43%. FirstEnergy's net income was $175M, missing the average estimation of $346.81M by -49.54%. The company's SG&A was $137M, beating the average forecast of $44.17M by 210.20%. Lastly, the company's EPS was $0, missing the average prediction of $0.602 by -100.00%