OGE Energy (OGE) Stock Forecast, Price Target & Predictions


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OGE Stock Forecast


OGE Energy stock forecast is as follows: an average price target of $39.00 (represents a -4.90% downside from OGE’s last price of $41.01) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

OGE Price Target


The average price target for OGE Energy (OGE) is $39.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $39.00 to $39.00. This represents a potential -4.90% downside from OGE's last price of $41.01.

OGE Analyst Ratings


Buy

According to 11 Wall Street analysts, OGE Energy's rating consensus is 'Buy'. The analyst rating breakdown for OGE stock is 0 'Strong Buy' (0.00%), 7 'Buy' (63.64%), 4 'Hold' (36.36%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

OGE Energy Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 12, 2024Nicholas CampanellaBarclays$39.00$39.32-0.81%-4.90%
Jun 18, 2024Nicholas CampanellaBarclays$35.00$35.13-0.37%-14.65%
Apr 22, 2024Nicholas CampanellaBarclays$34.00$34.04-0.12%-17.09%
May 16, 2023Sarah AkersWells Fargo$40.00$36.958.25%-2.46%
Apr 19, 2023Anthony CrowdellMizuho Securities$57.00$37.7251.12%38.99%
Mar 17, 2023Sarah AkersWells Fargo$66.00$36.1282.72%60.94%
Jul 18, 2022Barclays$41.00$39.184.65%-0.02%
Jul 05, 2022Mizuho Securities$39.00$40.04-2.60%-4.90%
Jun 14, 2022Anthony CrowdellMizuho Securities$38.00$37.042.59%-7.34%
Apr 27, 2022Wells Fargo$43.00$40.526.12%4.85%
Apr 26, 2022Credit Suisse$42.00$41.072.26%2.41%
Apr 20, 2022Mizuho Securities$42.00$42.35-0.83%2.41%

The latest OGE Energy stock forecast, released on Aug 12, 2024 by Nicholas Campanella from Barclays, set a price target of $39.00, which represents a -0.81% decrease from the stock price at the time of the forecast ($39.32), and a -4.90% decrease from OGE last price ($41.01).

OGE Energy Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$36.00
Last Closing Price$41.01$41.01$41.01
Upside/Downside-100.00%-100.00%-12.22%

In the current month, the average price target of OGE Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to OGE Energy's last price of $41.01. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 19, 2024JefferiesHoldBuyInitialise
Aug 12, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 18, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 22, 2024BarclaysOverweightEqual-WeightDowngrade
Jun 15, 2023OppenheimerOutperformPerformDowngrade
Jun 15, 2023Piper SandlerNeutralDowngrade
May 16, 2023Wells FargoEqual-WeightEqual-WeightHold
Apr 20, 2023OppenheimerOutperformInitialise
Apr 20, 2023JefferiesHoldInitialise
Apr 20, 2023Wells FargoEqual-WeightUnderweightInitialise
Apr 20, 2023Morgan StanleyOverweightInitialise
Apr 20, 2023Canaccord GenuityBuyInitialise
Apr 20, 2023Evercore ISIUnderperformInitialise
Apr 20, 2023FBN SecuritiesOutperformInitialise
Apr 19, 2023Wells FargoEqual-WeightEqual-WeightHold
Mar 17, 2023Wells FargoEqual-WeightEqual-WeightHold
Feb 24, 2023Janney MontgomeryNeutralInitialise
Feb 24, 2023Goldman SachsBuyInitialise
Feb 24, 2023BarclaysEqual-WeightOverweightInitialise
Feb 24, 2023CitigroupBuyInitialise
Jul 18, 2022BarclaysEqual-WeightEqual-WeightHold
Apr 27, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 25, 2022Zacks Investment ResearchBuyUpgrade

OGE Energy's last stock rating was published by Barclays on Oct 21, 2024. The company gave OGE a "Equal-Weight" rating, the same as its previous rate.

OGE Energy Financial Forecast


OGE Energy Revenue Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$945.40M$1.21B$557.20M$711.90M$1.27B$803.70M$589.30M$581.30M$864.40M$577.40M$1.63B$485.40M$702.10M
Avg Forecast$1.18B$1.16B$1.14B$1.12B$1.11B$1.09B$1.07B$1.06B$774.28M$1.01B$708.27M$642.47M$720.61M$1.02B$751.00M$697.00M$986.67M$1.27B$784.27M$556.82M$1.06B$791.01M$494.05M$443.07M$638.06M$938.76M$545.36M$460.06M$562.62M$753.83M
High Forecast$1.18B$1.16B$1.14B$1.12B$1.11B$1.09B$1.07B$1.06B$774.28M$1.01B$708.27M$642.47M$720.61M$1.02B$751.00M$697.00M$986.67M$1.27B$784.27M$556.82M$1.06B$791.01M$494.05M$443.07M$638.06M$938.76M$545.36M$460.06M$562.62M$753.83M
Low Forecast$1.18B$1.16B$1.14B$1.12B$1.11B$1.09B$1.07B$1.06B$774.28M$1.01B$708.27M$642.47M$720.61M$1.02B$751.00M$697.00M$986.67M$1.27B$784.27M$556.82M$1.06B$791.01M$494.05M$443.07M$638.06M$938.76M$545.36M$460.06M$562.62M$753.83M
# Analysts1111111111111111111111111111116
Surprise %-----------------0.75%1.54%1.00%0.67%1.61%1.63%1.33%0.91%0.92%1.06%3.54%0.86%0.93%

OGE Energy's average Quarter revenue forecast for Dec 23 based on 1 analysts is $986.67M, with a low forecast of $986.67M, and a high forecast of $986.67M. OGE's average Quarter revenue forecast represents a 4.37% increase compared to the company's last Quarter revenue of $945.40M (Sep 23).

OGE Energy EBITDA Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111111111111111111111116
EBITDA-----------------$465.70M$233.40M$216.20M$212.80M$476.60M$239.40M$480.80M$548.90M$436.70M$265.80M$201.40M$217.30M$373.50M
Avg Forecast$427.63M$421.16M$414.78M$408.51M$402.32M$396.24M$390.24M$384.34M$281.30M$367.33M$257.32M$233.41M$261.80M$369.00M$272.84M$253.22M$358.46M$460.39M$284.93M$202.29M$580.57M$285.85M$178.54M$160.12M$230.58M$339.25M$197.08M$153.45M$203.32M$272.42M
High Forecast$427.63M$421.16M$414.78M$408.51M$402.32M$396.24M$390.24M$384.34M$281.30M$367.33M$257.32M$233.41M$261.80M$369.00M$272.84M$253.22M$358.46M$460.39M$284.93M$202.29M$696.68M$285.85M$178.54M$160.12M$230.58M$339.25M$197.08M$184.14M$203.32M$272.42M
Low Forecast$427.63M$421.16M$414.78M$408.51M$402.32M$396.24M$390.24M$384.34M$281.30M$367.33M$257.32M$233.41M$261.80M$369.00M$272.84M$253.22M$358.46M$460.39M$284.93M$202.29M$464.45M$285.85M$178.54M$160.12M$230.58M$339.25M$197.08M$122.76M$203.32M$272.42M
Surprise %-----------------1.01%0.82%1.07%0.37%1.67%1.34%3.00%2.38%1.29%1.35%1.31%1.07%1.37%

1 analysts predict OGE's average Quarter EBITDA for Dec 23 to be $358.46M, with a high of $358.46M and a low of $358.46M. This is -23.03% lower than OGE Energy's previous annual EBITDA (Sep 23) of $465.70M.

OGE Energy Net Income Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111111111111111111111116
Net Income-----------------$241.90M$88.40M$38.30M$50.30M$262.80M$73.10M$279.50M$319.20M$252.50M$112.90M$52.70M$54.80M$177.40M
Avg Forecast$93.29M$287.14M$120.84M$27.34M$88.98M$269.37M$112.15M$19.85M$83.31M$242.88M$104.29M$23.22M$95.90M$226.60M$92.28M$833.83M$40.34M$235.32M$89.26M$891.80M$337.62M$237.52M$86.02M$953.79M$54.22M$239.67M$105.59M$40.15M$58.66M$212.98M
High Forecast$93.29M$287.14M$120.84M$27.34M$88.98M$269.37M$112.15M$19.85M$83.31M$242.88M$104.29M$23.22M$97.99M$226.60M$92.28M$1.00B$40.34M$243.30M$89.26M$1.07B$405.14M$246.81M$86.02M$1.14B$54.22M$245.24M$105.59M$48.18M$58.66M$212.98M
Low Forecast$93.29M$287.14M$120.84M$27.34M$88.98M$269.37M$112.15M$19.85M$83.31M$242.88M$104.29M$23.22M$91.73M$226.60M$92.28M$667.06M$40.34M$229.34M$89.26M$713.44M$270.09M$228.22M$86.02M$763.03M$54.22M$234.10M$105.59M$32.12M$58.66M$212.98M
Surprise %-----------------1.03%0.99%0.04%0.15%1.11%0.85%0.29%5.89%1.05%1.07%1.31%0.93%0.83%

OGE Energy's average Quarter net income forecast for Dec 23 is $40.34M, with a range of $40.34M to $40.34M. OGE's average Quarter net income forecast represents a -83.33% decrease compared to the company's last Quarter net income of $241.90M (Sep 23).

OGE Energy SG&A Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111111111111111111111116
SG&A------------------------------
Avg Forecast$117.66M$115.88M$114.13M$112.40M$110.70M$109.03M$107.38M$105.75M$77.40M$101.07M$70.80M$64.23M$72.04M$101.53M$75.07M$69.68M$98.63M$126.68M$78.40M$55.66M$106.28M$108.48M$67.75M$60.76M$87.50M$128.74M$74.79M$63.09M$77.15M$103.38M
High Forecast$117.66M$115.88M$114.13M$112.40M$110.70M$109.03M$107.38M$105.75M$77.40M$101.07M$70.80M$64.23M$72.04M$101.53M$75.07M$69.68M$98.63M$126.68M$78.40M$55.66M$106.28M$108.48M$67.75M$60.76M$87.50M$128.74M$74.79M$63.09M$77.15M$103.38M
Low Forecast$117.66M$115.88M$114.13M$112.40M$110.70M$109.03M$107.38M$105.75M$77.40M$101.07M$70.80M$64.23M$72.04M$101.53M$75.07M$69.68M$98.63M$126.68M$78.40M$55.66M$106.28M$108.48M$67.75M$60.76M$87.50M$128.74M$74.79M$63.09M$77.15M$103.38M
Surprise %------------------------------

OGE Energy's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to OGE last annual SG&A of $NaN (undefined).

OGE Energy EPS Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111111111111111111111116
EPS-----------------$1.21$0.44$0.19$0.25$1.31$0.37$1.40$1.59$1.26$0.56$0.26$0.27$0.89
Avg Forecast$0.46$1.43$0.60$0.14$0.44$1.34$0.56$0.10$0.41$1.21$0.52$0.12$0.48$1.12$0.46$0.11$0.20$1.17$0.44$0.17$0.18$1.18$0.43$0.15$0.27$1.19$0.52$0.21$0.29$1.06
High Forecast$0.46$1.43$0.60$0.14$0.44$1.34$0.56$0.10$0.41$1.21$0.52$0.12$0.49$1.12$0.46$0.11$0.20$1.21$0.44$0.17$0.18$1.23$0.43$0.15$0.27$1.22$0.52$0.21$0.29$1.06
Low Forecast$0.46$1.43$0.60$0.14$0.44$1.34$0.56$0.10$0.41$1.21$0.52$0.12$0.46$1.12$0.46$0.11$0.20$1.14$0.44$0.17$0.18$1.13$0.43$0.15$0.27$1.16$0.52$0.21$0.29$1.06
Surprise %-----------------1.04%0.99%1.13%1.37%1.11%0.87%9.25%5.91%1.06%1.07%1.21%0.93%0.84%

According to 1 Wall Street analysts, OGE Energy's projected average Quarter EPS for Dec 23 is $0.20, with a low estimate of $0.20 and a high estimate of $0.20. This represents a -83.46% decrease compared to OGE previous annual EPS of $1.21 (Sep 23).

OGE Energy Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
PORPortland General Electric Company$44.49$49.6011.49%Buy
EVRGEvergy$61.50$68.5011.38%Buy
CMSCMS Energy$67.04$73.409.49%Buy
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
AEEAmeren$88.68$90.001.49%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
OGEOGE Energy$41.78$39.00-6.65%Buy
MGEEMGE Energy$95.75$71.00-25.85%Sell

OGE Forecast FAQ


Is OGE Energy a good buy?

Yes, according to 11 Wall Street analysts, OGE Energy (OGE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 63.64% of OGE's total ratings.

What is OGE's price target?

OGE Energy (OGE) average price target is $39 with a range of $39 to $39, implying a -4.90% from its last price of $41.01. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will OGE Energy stock go up soon?

According to Wall Street analysts' prediction for OGE stock, the company can go down by -4.90% (from the last price of $41.01 to the average price target of $39), down by -4.90% based on the highest stock price target, and down by -4.90% based on the lowest stock price target.

Can OGE Energy stock reach $60?

OGE's average twelve months analyst stock price target of $39 does not support the claim that OGE Energy can reach $60 in the near future.

What are OGE Energy's analysts' financial forecasts?

OGE Energy's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.33B (high $4.33B, low $4.33B), average EBITDA is $1.57B (high $1.57B, low $1.57B), average net income is $490.35M (high $490.35M, low $490.35M), average SG&A $432.86M (high $432.86M, low $432.86M), and average EPS is $2.43 (high $2.43, low $2.43). OGE's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.6B (high $4.6B, low $4.6B), average EBITDA is $1.67B (high $1.67B, low $1.67B), average net income is $528.62M (high $528.62M, low $528.62M), average SG&A $460.08M (high $460.08M, low $460.08M), and average EPS is $2.62 (high $2.62, low $2.62).

Did the OGE's actual financial results beat the analysts' financial forecasts?

Based on OGE Energy's last annual report (Dec 2022), the company's revenue was $3.38B, beating the average analysts forecast of $2.79B by 20.94%. Apple's EBITDA was $1.41B, beating the average prediction of $1.21B by 16.97%. The company's net income was $665.7M, missing the average estimation of $1.61B by -58.78%. Apple's SG&A was $0, missing the average forecast of $343.26M by -100.00%. Lastly, the company's EPS was $3.33, beating the average prediction of $1.94 by 71.63%. In terms of the last quarterly report (Sep 2023), OGE Energy's revenue was $945.4M, missing the average analysts' forecast of $1.27B by -25.40%. The company's EBITDA was $465.7M, beating the average prediction of $460.39M by 1.15%. OGE Energy's net income was $241.9M, beating the average estimation of $235.32M by 2.80%. The company's SG&A was $0, missing the average forecast of $126.68M by -100.00%. Lastly, the company's EPS was $1.21, beating the average prediction of $1.17 by 3.61%