FirstEnergy (FE) Stock Forecast, Price Target & Predictions

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FE Stock Forecast

FirstEnergy stock forecast is as follows: an average price target of $46.80 (represents a 12.15% upside from FE’s last price of $41.73) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.

FE Price Target

The average price target for FirstEnergy (FE) is $46.80 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $41.00. This represents a potential 12.15% upside from FE's last price of $41.73.

FE Analyst Ratings

Hold

According to 10 Wall Street analysts, FirstEnergy's rating consensus is 'Hold'. The analyst rating breakdown for FE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (40.00%), 6 'Hold' (60.00%), 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
Oct 22, 2024	Sophie Karp	KeyBanc	$48.00	$43.73	9.78%	15.03%
Oct 14, 2024	Julien Dumoulin-Smith	Jefferies	$46.00	$42.71	7.70%	10.23%
Oct 07, 2024	Nicholas Campanella	Barclays	$46.00	$43.46	5.84%	10.23%
Sep 25, 2024	David Arcaro	Morgan Stanley	$51.00	$43.73	16.64%	22.21%
Sep 20, 2024	Marie Ferguson	Argus Research	$50.00	$43.65	14.56%	19.82%
Sep 16, 2024	Sophie Karp	KeyBanc	$46.00	$44.47	3.44%	10.23%
Sep 12, 2024	Andrew Weisel	Scotiabank	$45.00	$44.06	2.13%	7.84%
Jul 09, 2024	Nicholas Campanella	Barclays	$40.00	$38.59	3.65%	-4.15%
Jun 05, 2024	Sophie Karp	KeyBanc	$43.00	$39.66	8.41%	3.04%
Jun 03, 2024	Paul Fremont	Mizuho Securities	$41.00	$40.26	1.84%	-1.75%

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The latest FirstEnergy stock forecast, released on Oct 22, 2024 by Sophie Karp from KeyBanc, set a price target of $48.00, which represents a 9.78% increase from the stock price at the time of the forecast ($43.73), and a 15.03% increase from FE last price ($41.73).

FirstEnergy Price Target by Period

	1M	3M	12M
# Anlaysts	1	7	10
Avg Price Target	$48.00	$47.43	$45.60
Last Closing Price	$41.73	$41.73	$41.73
Upside/Downside	15.03%	13.66%	9.27%

In the current month, the average price target of FirstEnergy stock is $48.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 15.03% increase as opposed to FirstEnergy's last price of $41.73. This month's average price target is up 1.20% compared to last quarter, and up 5.26% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 31, 2024	Seaport Global	-	Neutral	Downgrade
Oct 22, 2024	KeyBanc	Overweight	Overweight	Hold
Oct 14, 2024	Jefferies	-	Hold	Initialise
Oct 07, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Sep 25, 2024	Morgan Stanley	Overweight	Overweight	Hold
Sep 16, 2024	KeyBanc	Overweight	Overweight	Hold
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

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FirstEnergy's last stock rating was published by Seaport Global on Oct 31, 2024. The company Downgrade its FE rating from "null" to "Neutral".

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	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.15B	$3.49B	$3.01B	$3.23B	$3.18B	$3.48B	$2.82B	$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	$4.00B	$3.39B	$3.57B	$4.29B	$4.00B	$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	$3.66B	$4.05B	$3.55B	$3.66B	$3.64B	$4.06B	$3.56B	$3.66B	$3.69B	$4.03B	$3.56B	$3.65B	$3.65B	$4.64B	$3.93B	$3.65B	$6.44B	$4.03B	$3.46B	$3.22B	$3.13B	$3.77B	$3.37B	$3.53B	$2.71B	$3.11B	$2.72B	$2.82B	$2.71B	$3.04B
Low Forecast	$2.93B	$3.24B	$2.84B	$2.93B	$2.91B	$3.25B	$2.84B	$2.93B	$2.95B	$3.22B	$2.85B	$2.92B	$2.92B	$3.71B	$3.14B	$3.51B	$3.39B	$3.98B	$3.46B	$3.22B	$3.06B	$3.42B	$2.70B	$2.82B	$2.17B	$3.11B	$2.72B	$2.82B	$2.71B	$3.04B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	2	2	4	3	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.99%	1.03%	1.06%	1.36%	1.12%	1.04%	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 $3.22B, and a high forecast of $3.22B. 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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	2	2	4	3	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$921.00M	$1.10B	$481.00M	$929.00M	$975.00M	$1.02B	$955.00M	$1.02B	$1.18B	$1.15B
Avg Forecast	$985.89M	$1.09B	$957.05M	$985.58M	$981.11M	$1.09B	$957.82M	$985.69M	$993.95M	$1.08B	$959.50M	$981.52M	$982.33M	$1.25B	$1.06B	$1.11B	$1.34B	$1.25B	$1.08B	$1.28B	$966.19M	$1.10B	$907.79M	$1.16B	$1.32B	$1.01B	$882.67M	$1.06B	$878.09M	$986.63M
High Forecast	$1.14B	$1.26B	$1.11B	$1.14B	$1.14B	$1.27B	$1.11B	$1.14B	$1.15B	$1.26B	$1.11B	$1.14B	$1.14B	$1.45B	$1.22B	$1.14B	$2.01B	$1.26B	$1.08B	$1.53B	$975.00M	$1.18B	$1.05B	$1.40B	$1.59B	$1.01B	$882.67M	$1.27B	$878.09M	$986.63M
Low Forecast	$912.88M	$1.01B	$886.17M	$912.59M	$908.45M	$1.01B	$886.89M	$912.70M	$920.34M	$1.00B	$888.45M	$908.83M	$909.58M	$1.16B	$978.90M	$1.09B	$1.06B	$1.24B	$1.08B	$1.02B	$954.45M	$1.07B	$840.57M	$930.19M	$1.06B	$1.01B	$882.67M	$845.63M	$878.09M	$986.63M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.95%	1.00%	0.53%	0.80%	0.74%	1.01%	1.08%	0.97%	1.34%	1.16%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	2	2	4	3	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$175.00M	$400.00M	$254.00M	$292.00M	$-385.00M	$334.00M	$187.00M	$288.00M	$430.00M	$463.00M
Avg Forecast	$478.68M	$643.99M	$434.42M	$479.37M	$646.60M	$591.07M	$371.11M	$310.98M	$556.94M	$584.99M	$335.31M	$313.87M	$468.07M	$532.97M	$328.06M	$349.23M	$404.79M	$516.61M	$321.61M	$359.72M	$347.41M	$490.28M	$261.75M	$327.02M	$478.73M	$452.64M	$302.14M	$297.29M	$297.25M	$456.16M
High Forecast	$576.95M	$776.19M	$523.60M	$577.78M	$779.34M	$712.40M	$447.30M	$374.82M	$671.27M	$705.08M	$404.14M	$378.30M	$564.16M	$642.38M	$395.41M	$377.85M	$410.66M	$519.40M	$321.72M	$431.67M	$353.20M	$507.38M	$315.49M	$392.42M	$574.48M	$452.64M	$302.14M	$356.75M	$297.25M	$456.16M
Low Forecast	$432.59M	$581.99M	$392.60M	$433.22M	$584.35M	$534.16M	$335.39M	$281.04M	$503.32M	$528.66M	$303.02M	$283.65M	$423.00M	$481.66M	$296.48M	$320.60M	$393.06M	$513.81M	$321.50M	$287.78M	$341.62M	$478.88M	$236.55M	$261.62M	$382.99M	$452.64M	$302.14M	$237.83M	$297.25M	$456.16M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.50%	0.82%	0.97%	0.89%	-0.80%	0.74%	0.62%	0.97%	1.45%	1.01%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	2	2	4	3	1	1	1	1	1	1	1	1
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	$57.07M	$48.33M	$50.88M	$61.18M	$57.05M	$49.33M	$45.92M	$44.17M	$50.44M	$41.50M	$43.41M	$-428.28M	$44.30M	$38.76M	$40.17M	$38.56M	$43.32M
High Forecast	$52.18M	$57.77M	$50.66M	$52.17M	$51.93M	$57.84M	$50.70M	$52.17M	$52.61M	$57.40M	$50.79M	$51.95M	$51.99M	$66.08M	$55.96M	$52.05M	$91.84M	$57.39M	$49.33M	$45.92M	$44.57M	$53.75M	$48.05M	$50.27M	$-342.62M	$44.30M	$38.76M	$40.17M	$38.56M	$43.32M
Low Forecast	$41.73M	$46.20M	$40.51M	$41.72M	$41.53M	$46.25M	$40.54M	$41.72M	$42.07M	$45.90M	$40.61M	$41.54M	$41.58M	$52.84M	$44.75M	$50.01M	$48.37M	$56.72M	$49.33M	$45.92M	$43.63M	$48.77M	$38.42M	$40.20M	$-513.94M	$44.30M	$38.76M	$40.17M	$38.56M	$43.32M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.10%	-	-	-	-	-	-	-	-9.91%	-

FirstEnergy's average Quarter SG&A projection for Mar 24 is $45.92M, based on 2 Wall Street analysts, with a range of $45.92M to $45.92M. 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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	2	2	4	3	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.70	$0.44	$0.51	$-0.67	$0.58	$0.33	$0.51	$0.79	$0.85
Avg Forecast	$0.83	$1.12	$0.75	$0.83	$1.12	$1.02	$0.64	$0.54	$0.97	$1.01	$0.58	$0.54	$0.81	$0.92	$0.57	$0.61	$0.70	$0.90	$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	$1.00	$1.35	$0.91	$1.00	$1.35	$1.23	$0.78	$0.65	$1.16	$1.22	$0.70	$0.66	$0.98	$1.11	$0.69	$0.65	$0.71	$0.90	$0.56	$0.54	$0.61	$0.88	$0.55	$0.74	$0.63	$0.79	$0.52	$0.62	$0.52	$0.79
Low Forecast	$0.75	$1.01	$0.68	$0.75	$1.01	$0.93	$0.58	$0.49	$0.87	$0.92	$0.53	$0.49	$0.73	$0.83	$0.51	$0.56	$0.68	$0.89	$0.56	$0.54	$0.59	$0.83	$0.41	$0.55	$0.47	$0.79	$0.52	$0.62	$0.52	$0.79
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.82%	0.97%	0.84%	-1.28%	0.74%	0.63%	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	$38.73	$46.45	19.93%	Buy
FE	FirstEnergy	$41.73	$46.80	12.15%	Hold
DTE	DTE Energy Company	$122.18	$135.00	10.49%	Buy
D	Dominion Energy	$57.80	$61.54	6.47%	Hold
AEP	American Electric Power Company	$96.80	$100.50	3.82%	Hold
LNT	Alliant Energy	$62.23	$63.38	1.85%	Buy
DUK	Duke Energy	$113.74	$114.40	0.58%	Buy
XEL	Xcel Energy	$70.05	$70.00	-0.07%	Buy
EIX	Edison	$86.12	$84.78	-1.56%	Hold
CNP	CenterPoint Energy	$31.57	$31.00	-1.81%	Hold
AEE	Ameren	$92.24	$90.08	-2.34%	Buy
ED	Consolidated Edison	$97.88	$92.91	-5.08%	Hold
PEG	Public Service Enterprise Group	$90.49	$81.29	-10.17%	Buy
SO	Southern Company	$87.97	$78.09	-11.23%	Hold
PNW	Pinnacle West Capital	$91.79	$78.44	-14.54%	Buy
ETR	Entergy	$150.71	$127.67	-15.29%	Buy

FE Forecast FAQ

Is FirstEnergy a good buy?

No, according to 10 Wall Street analysts, FirstEnergy (FE) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 40.00% of FE's total ratings.

What is FE's price target?

FirstEnergy (FE) average price target is $46.8 with a range of $41 to $51, implying a 12.15% from its last price of $41.73. The data is based on 10 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 12.15% (from the last price of $41.73 to the average price target of $46.8), up by 22.21% based on the highest stock price target, and down by -1.75% based on the lowest stock price target.

Can FirstEnergy stock reach $60?

FE's average twelve months analyst stock price target of $46.8 does not support the claim that FirstEnergy can reach $60 in the near future.

What is FirstEnergy's current price target trend?

1 Wall Street analyst forecast a $48 price target for FirstEnergy (FE) this month, up 15.03% from its last price of $41.73. Compared to the last 3 and 12 months, the average price target increased by 13.66% and increased by 9.27%, 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 $14.92B, low $11.93B), average EBITDA is $4.02B (high $4.65B, low $3.72B), average net income is $1.92B (high $2.31B, low $1.73B), average SG&A $183.64M (high $212.64M, low $170.04M), and average EPS is $3.33 (high $4.01, low $3.01). FE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.9B (high $14.93B, low $11.94B), average EBITDA is $4.02B (high $4.65B, low $3.72B), average net income is $2.04B (high $2.45B, low $1.84B), average SG&A $183.76M (high $212.78M, low $170.15M), and average EPS is $3.53 (high $4.25, low $3.19).

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 $4.14B by -3.67%. The company's net income was $1.1B, missing the average estimation of $1.43B by -22.75%. 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 $966.19M by -4.68%. FirstEnergy's net income was $175M, missing the average estimation of $347.41M by -49.63%. 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%