OGE Energy (OGE) Stock Forecast, Price Target & Predictions
OGE Stock Forecast
OGE Energy stock forecast is as follows: an average price target of $44.50 (represents a 3.22% upside from OGE’s last price of $43.11) 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 $44.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $39.00. This represents a potential 3.22% upside from OGE's last price of $43.11.
OGE Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Nicholas Campanella | Barclays | $39.00 | $39.32 | -0.81% | -9.53% |
| Jun 18, 2024 | Nicholas Campanella | Barclays | $35.00 | $35.13 | -0.37% | -18.81% |
| Apr 22, 2024 | Nicholas Campanella | Barclays | $34.00 | $34.04 | -0.12% | -21.13% |
| May 16, 2023 | Sarah Akers | Wells Fargo | $40.00 | $36.95 | 8.25% | -7.21% |
| Apr 19, 2023 | Anthony Crowdell | Mizuho Securities | $57.00 | $37.72 | 51.12% | 32.22% |
| Mar 17, 2023 | Sarah Akers | Wells Fargo | $66.00 | $36.12 | 82.72% | 53.10% |
| Jul 18, 2022 | - | Barclays | $41.00 | $39.18 | 4.65% | -4.89% |
| Jul 05, 2022 | - | Mizuho Securities | $39.00 | $40.04 | -2.60% | -9.53% |
| Jun 14, 2022 | Anthony Crowdell | Mizuho Securities | $38.00 | $37.04 | 2.59% | -11.85% |
| Apr 27, 2022 | - | Wells Fargo | $43.00 | $40.52 | 6.12% | -0.26% |
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 -9.53% decrease from OGE last price ($43.11).
OGE Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $36.00 |
| Last Closing Price | $43.11 | $43.11 | $43.11 |
| Upside/Downside | -100.00% | -100.00% | -16.49% |
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 $43.11. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 19, 2024 | Jefferies | Hold | Buy | Initialise |
| Aug 12, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 18, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 22, 2024 | Barclays | Overweight | Equal-Weight | Downgrade |
| Jun 15, 2023 | Oppenheimer | Outperform | Perform | Downgrade |
| Jun 15, 2023 | Piper Sandler | - | Neutral | Downgrade |
| May 16, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 20, 2023 | Oppenheimer | - | Outperform | Initialise |
| Apr 20, 2023 | Jefferies | - | Hold | Initialise |
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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 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 | $1.17B | $1.15B | $1.13B | $1.11B | $1.10B | $1.08B | $1.06B | $779.12M | $1.02B | $712.70M | $646.49M | $725.12M | $1.02B | $755.70M | $701.37M | $992.85M | $1.28B | $789.18M | $560.30M | $1.07B | $791.01M | $494.05M | $443.07M | $638.06M | $938.76M | $545.36M | $460.06M | $562.62M | $753.83M |
| Low Forecast | $1.17B | $1.15B | $1.13B | $1.12B | $1.10B | $1.08B | $1.07B | $1.05B | $769.43M | $1.00B | $703.83M | $638.45M | $716.10M | $1.01B | $746.30M | $692.64M | $980.49M | $1.26B | $779.36M | $553.33M | $1.06B | $791.01M | $494.05M | $443.07M | $638.06M | $938.76M | $545.36M | $460.06M | $562.62M | $753.83M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 |
| 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 $980.49M, and a high forecast of $992.85M. 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 |
| 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 | $430.30M | $423.79M | $417.38M | $411.06M | $404.84M | $398.72M | $392.68M | $386.74M | $283.06M | $369.63M | $258.93M | $234.87M | $263.44M | $371.31M | $274.55M | $254.81M | $360.71M | $463.27M | $286.71M | $203.56M | $696.68M | $285.85M | $178.54M | $160.12M | $230.58M | $339.25M | $197.08M | $184.14M | $203.32M | $272.42M |
| Low Forecast | $424.95M | $418.52M | $412.19M | $405.95M | $399.81M | $393.76M | $387.80M | $381.93M | $279.54M | $365.03M | $255.71M | $231.95M | $260.16M | $366.69M | $271.13M | $251.64M | $356.22M | $457.50M | $283.14M | $201.03M | $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 $360.71M and a low of $356.22M. This is -23.03% lower than OGE Energy's previous annual EBITDA (Sep 23) of $465.70M.
OGE Energy Net Income Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 |
| 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 | $94.05M | $289.47M | $121.82M | $27.57M | $89.71M | $271.56M | $113.07M | $20.01M | $83.99M | $244.85M | $105.14M | $23.41M | $100.16M | $228.44M | $92.28M | $1.00B | $40.66M | $243.30M | $89.98M | $1.07B | $405.14M | $246.81M | $86.02M | $1.14B | $54.22M | $245.24M | $105.59M | $48.18M | $58.66M | $212.98M |
| Low Forecast | $92.53M | $284.80M | $119.86M | $27.12M | $88.26M | $267.17M | $111.24M | $19.69M | $82.63M | $240.90M | $103.44M | $23.03M | $91.64M | $224.76M | $92.28M | $667.06M | $40.01M | $229.34M | $88.53M | $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 $40.01M to $40.66M. 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 |
| 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 | $118.40M | $116.61M | $114.85M | $113.11M | $111.40M | $109.71M | $108.05M | $106.42M | $77.89M | $101.71M | $71.25M | $64.63M | $72.49M | $102.17M | $75.54M | $70.11M | $99.25M | $127.47M | $78.89M | $56.01M | $106.94M | $108.48M | $67.75M | $60.76M | $87.50M | $128.74M | $74.79M | $63.09M | $77.15M | $103.38M |
| Low Forecast | $116.93M | $115.16M | $113.42M | $111.70M | $110.01M | $108.35M | $106.71M | $105.09M | $76.92M | $100.44M | $70.36M | $63.82M | $71.59M | $100.90M | $74.60M | $69.24M | $98.02M | $125.89M | $77.91M | $55.31M | $105.61M | $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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 16 |
| 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 | $0.47 | $1.44 | $0.60 | $0.14 | $0.45 | $1.35 | $0.56 | $0.10 | $0.42 | $1.22 | $0.52 | $0.12 | $0.50 | $1.13 | $0.46 | $0.11 | $0.20 | $1.21 | $0.45 | $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 | $1.41 | $0.59 | $0.13 | $0.44 | $1.33 | $0.55 | $0.10 | $0.41 | $1.20 | $0.51 | $0.11 | $0.45 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| POR | Portland General Electric Company | $46.88 | $50.33 | 7.36% | Buy |
| PNM | PNM Resources | $41.77 | $44.50 | 6.54% | Buy |
| OGE | OGE Energy | $43.11 | $44.50 | 3.22% | Buy |
| LNT | Alliant Energy | $62.23 | $63.38 | 1.85% | Buy |
| EVRG | Evergy | $64.37 | $64.25 | -0.19% | Buy |
| CMS | CMS Energy | $68.52 | $67.50 | -1.49% | Buy |
| CNP | CenterPoint Energy | $31.57 | $31.00 | -1.81% | Hold |
| AEE | Ameren | $92.24 | $90.08 | -2.34% | Buy |
| PNW | Pinnacle West Capital | $91.79 | $78.44 | -14.54% | Buy |
| ETR | Entergy | $150.71 | $127.67 | -15.29% | Buy |
| MGEE | MGE Energy | $103.89 | $71.00 | -31.66% | Sell |