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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 $47.67 (represents a 21.73% upside from FE’s last price of $39.16) 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 $47.67 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 $45.00. This represents a potential 21.73% upside from FE's last price of $39.16.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Sophie KarpKeyBanc$48.00$43.739.78%22.57%
Oct 14, 2024Julien Dumoulin-SmithJefferies$46.00$42.717.70%17.47%
Oct 07, 2024Nicholas CampanellaBarclays$46.00$43.465.84%17.47%
Sep 25, 2024David ArcaroMorgan Stanley$51.00$43.7316.64%30.23%
Sep 20, 2024Marie FergusonArgus Research$50.00$43.6514.56%27.68%
Sep 16, 2024Sophie KarpKeyBanc$46.00$44.473.44%17.47%
Sep 12, 2024Andrew WeiselScotiabank$45.00$44.062.13%14.91%
Jul 09, 2024Nicholas CampanellaBarclays$40.00$38.593.65%2.15%
Jun 05, 2024Sophie KarpKeyBanc$43.00$39.668.41%9.81%
Jun 03, 2024Paul FremontMizuho Securities$41.00$40.261.84%4.70%
Dec 15, 2022Morgan Stanley$47.00$42.0011.90%20.02%
Nov 11, 2022Morgan Stanley$45.00$37.8019.06%14.91%
Jul 28, 2022Wells Fargo$44.00$39.3311.87%12.36%
Jul 21, 2022Morgan Stanley$49.00$37.5830.39%25.13%
Jun 07, 2022Mizuho Securities$40.00$41.83-4.37%2.15%
May 23, 2022Morgan Stanley$51.00$42.7119.41%30.23%
Apr 26, 2022Credit Suisse$51.00$45.4412.24%30.23%
Apr 25, 2022Wells Fargo$49.00$46.016.50%25.13%
Apr 20, 2022Morgan Stanley$53.00$48.459.40%35.34%
Nov 30, 2021Eric BeaumontBarclays$41.00$37.329.86%4.70%
Apr 27, 2021Michael LapidesGoldman Sachs$46.00$35.4329.83%17.47%

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 22.57% increase from FE last price ($39.16).

FirstEnergy Price Target by Period

1M3M12M
# Anlaysts-510
Avg Price Target-$48.20$45.60
Last Closing Price$39.16$39.16$39.16
Upside/Downside-100.00%23.08%16.45%

In the current month, the average price target of FirstEnergy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FirstEnergy's last price of $39.16. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024Seaport GlobalNeutralDowngrade
Oct 22, 2024KeyBancOverweightOverweightHold
Oct 14, 2024JefferiesHoldInitialise
Oct 07, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 25, 2024Morgan StanleyOverweightOverweightHold
Sep 16, 2024KeyBancOverweightOverweightHold
Sep 12, 2024ScotiabankSector PerformSector PerformHold
Aug 23, 2024Morgan StanleyOverweightOverweightHold
Aug 20, 2024ScotiabankSector PerformSector PerformHold
Aug 14, 2024KeyBancOverweightOverweightHold
Jul 09, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 28, 2024KeyBancOverweightOverweightHold
Jun 05, 2024KeyBancOverweightOverweightHold
May 28, 2024Morgan StanleyOverweightOverweightHold
Apr 23, 2024Bank of America SecuritiesUnderperformUnderperformHold
Apr 09, 2024Goldman SachsBuyInitialise
Feb 06, 2023CitigroupNeutralNeutralHold
Dec 15, 2022Morgan StanleyOverweightOverweightHold
Nov 11, 2022Morgan StanleyOverweightOverweightHold
Aug 23, 2022Morgan StanleyOverweightOverweightHold
Jul 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Jul 21, 2022Morgan StanleyOverweightOverweightHold
Jul 18, 2022BarclaysEqual-WeightEqual-WeightHold
May 23, 2022Morgan StanleyOverweightOverweightHold
May 16, 2022Bank of America SecuritiesNeutralDowngrade
Apr 25, 2022Evercore ISIOutperformUpgrade

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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 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$3.69B$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$3.26B$3.60B$3.16B$3.25B$3.24B$3.61B$3.16B$3.26B$3.28B$3.58B$3.17B$3.24B$3.24B$4.12B$3.49B$3.70B$3.80B$4.03B$3.46B$3.22B$3.13B$3.77B$3.00B$3.14B$2.41B$3.11B$2.72B$2.82B$2.71B$3.04B
Low Forecast$3.10B$3.43B$3.01B$3.10B$3.08B$3.43B$3.01B$3.10B$3.12B$3.41B$3.01B$3.08B$3.08B$3.92B$3.32B$3.48B$3.61B$3.98B$3.46B$3.22B$3.06B$3.42B$2.85B$2.98B$2.29B$3.11B$2.72B$2.82B$2.71B$3.04B
# Analysts111111111111111231224311111111
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231224311111111
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$1.15B$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$1.01B$1.12B$985.27M$1.01B$1.01B$1.13B$986.07M$1.01B$1.02B$1.12B$987.80M$1.01B$1.01B$1.29B$1.09B$1.15B$1.18B$1.26B$1.08B$1.53B$975.00M$1.18B$934.56M$1.40B$1.59B$1.01B$882.67M$1.27B$878.09M$986.63M
Low Forecast$965.23M$1.07B$937.00M$964.92M$960.55M$1.07B$937.75M$965.04M$973.12M$1.06B$939.40M$960.95M$961.75M$1.22B$1.04B$1.09B$1.12B$1.24B$1.08B$1.02B$954.45M$1.07B$888.77M$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231224311111111
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$475.28M$526.24M$329.03M$349.23M$411.58M$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$497.03M$668.67M$451.08M$497.75M$671.39M$613.73M$385.34M$322.90M$578.29M$607.41M$348.16M$325.90M$493.50M$546.41M$341.64M$371.76M$417.38M$519.40M$321.72M$431.67M$353.20M$507.38M$271.78M$392.42M$574.48M$452.64M$302.14M$356.75M$297.25M$456.16M
Low Forecast$465.64M$626.45M$422.59M$466.31M$628.98M$574.97M$361.01M$302.51M$541.77M$569.05M$326.17M$305.32M$462.33M$511.90M$320.07M$326.70M$399.99M$513.81M$321.50M$287.78M$341.62M$478.88M$254.62M$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231224311111111
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$52.55M$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$46.39M$51.37M$45.04M$46.38M$46.17M$51.42M$45.07M$46.39M$46.77M$51.03M$45.15M$46.19M$46.23M$58.75M$49.75M$52.71M$54.13M$57.39M$49.33M$45.92M$44.57M$53.75M$42.72M$44.69M$-342.62M$44.30M$38.76M$40.17M$38.56M$43.32M
Low Forecast$44.12M$48.85M$42.83M$44.11M$43.91M$48.90M$42.87M$44.11M$44.48M$48.53M$42.94M$43.93M$43.96M$55.87M$47.31M$49.61M$51.40M$56.72M$49.33M$45.92M$43.63M$48.77M$40.63M$42.50M$-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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111231224311111111
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$0.82$0.91$0.57$0.61$0.71$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$0.86$1.16$0.78$0.86$1.16$1.06$0.67$0.56$1.00$1.05$0.60$0.56$0.86$0.95$0.59$0.64$0.72$0.90$0.56$0.54$0.61$0.88$0.47$0.63$0.55$0.79$0.52$0.62$0.52$0.79
Low Forecast$0.81$1.09$0.73$0.81$1.09$1.00$0.63$0.52$0.94$0.99$0.57$0.53$0.80$0.89$0.55$0.57$0.69$0.89$0.56$0.54$0.59$0.83$0.44$0.59$0.51$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
EXCExelon$36.52$46.0025.96%Buy
FEFirstEnergy$39.84$47.6719.65%Hold
DTEDTE Energy Company$120.70$137.2913.74%Buy
AEPAmerican Electric Power Company$91.92$104.0013.14%Hold
DUKDuke Energy$107.89$121.0012.15%Buy
EIXEdison$80.50$89.0010.56%Hold
EDConsolidated Edison$90.84$99.839.90%Hold
DDominion Energy$53.59$58.609.35%Hold
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
SOSouthern Company$83.28$86.503.87%Hold
AEEAmeren$88.68$90.001.49%Buy
XELXcel Energy$68.08$68.750.98%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
PEGPublic Service Enterprise Group$85.45$84.25-1.40%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 $47.67 with a range of $45 to $51, implying a 21.73% from its last price of $39.16. 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 21.73% (from the last price of $39.16 to the average price target of $47.67), up by 30.23% based on the highest stock price target, and up by 14.91% based on the lowest stock price target.

Can FirstEnergy stock reach $60?

FE's average twelve months analyst stock price target of $47.67 does not support the claim that FirstEnergy can reach $60 in the near future.

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 $13.27B, low $12.62B), average EBITDA is $4.02B (high $4.14B, low $3.93B), average net income is $1.92B (high $1.99B, low $1.87B), average SG&A $183.64M (high $189.05M, low $179.79M), and average EPS is $3.33 (high $3.45, low $3.24). FE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.9B (high $13.28B, low $12.62B), average EBITDA is $4.02B (high $4.14B, low $3.94B), average net income is $2.04B (high $2.11B, low $1.98B), average SG&A $183.76M (high $189.18M, low $179.91M), and average EPS is $3.53 (high $3.66, low $3.43).

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%