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 9.02% upside from OGE’s last price of $40.82) 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 9.02% upside from OGE's last price of $40.82.
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%), 6 'Buy' (54.55%), 5 'Hold' (45.45%), 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% | -4.46% |
| Jun 18, 2024 | Nicholas Campanella | Barclays | $35.00 | $35.13 | -0.37% | -14.26% |
| Apr 22, 2024 | Nicholas Campanella | Barclays | $34.00 | $34.04 | -0.12% | -16.71% |
| May 16, 2023 | Sarah Akers | Wells Fargo | $40.00 | $36.95 | 8.25% | -2.01% |
| Apr 19, 2023 | Anthony Crowdell | Mizuho Securities | $57.00 | $37.72 | 51.12% | 39.64% |
| Mar 17, 2023 | Sarah Akers | Wells Fargo | $66.00 | $36.12 | 82.72% | 61.69% |
| Jul 18, 2022 | - | Barclays | $41.00 | $39.18 | 4.65% | 0.44% |
| Jul 05, 2022 | - | Mizuho Securities | $39.00 | $40.04 | -2.60% | -4.46% |
| Jun 14, 2022 | Anthony Crowdell | Mizuho Securities | $38.00 | $37.04 | 2.59% | -6.91% |
| Apr 27, 2022 | - | Wells Fargo | $43.00 | $40.52 | 6.12% | 5.34% |
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 -4.46% decrease from OGE last price ($40.82).
OGE Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $37.00 | $36.00 |
| Last Closing Price | $40.82 | $40.82 | $40.82 |
| Upside/Downside | -100.00% | -9.36% | -11.81% |
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 $40.82. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Piper Sandler | - | Neutral | Downgrade |
| Jun 15, 2023 | Oppenheimer | Outperform | Perform | Downgrade |
| May 16, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 20, 2023 | Oppenheimer | - | Outperform | Initialise |
| Apr 20, 2023 | Jefferies | - | Hold | Initialise |
| Apr 20, 2023 | FBN Securities | - | Outperform | Initialise |
| Apr 20, 2023 | Wells Fargo | Equal-Weight | Underweight | Initialise |
OGE Energy's last stock rating was published by Barclays on Aug 12, 2024. The company gave OGE a "Equal-Weight" rating, the same as its previous rate.
OGE Energy Financial Forecast
OGE Energy Revenue Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $945.40M | $1.21B | $557.20M | $711.90M | $1.27B | - | $589.30M | $581.30M | $864.40M | $577.40M | $1.63B | $485.40M | $702.10M | $503.50M | $431.30M | $472.50M | $755.40M | $513.70M | $490.00M | $511.80M | $698.80M |
| Avg Forecast | $774.28M | $1.33B | $708.27M | $642.47M | $639.83M | $1.05B | $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 | $540.73M | $500.40M | $555.46M | $737.33M | $573.15M | $490.14M | $435.98M | $643.99M |
| High Forecast | $823.13M | $1.42B | $752.96M | $683.00M | $680.20M | $1.11B | $798.38M | $740.98M | $1.05B | $1.35B | $833.75M | $591.95M | $1.13B | $840.92M | $494.05M | $443.07M | $638.06M | $938.76M | $545.36M | $460.06M | $562.62M | $753.83M | $540.73M | $500.40M | $555.46M | $737.33M | $573.15M | $490.14M | $523.17M | $772.79M |
| Low Forecast | $725.42M | $1.25B | $663.58M | $601.93M | $599.46M | $980.17M | $703.62M | $653.02M | $924.42M | $1.19B | $734.78M | $521.68M | $996.06M | $741.11M | $494.05M | $443.07M | $638.06M | $938.76M | $545.36M | $460.06M | $562.62M | $753.83M | $540.73M | $500.40M | $555.46M | $737.33M | $573.15M | $490.14M | $348.78M | $515.19M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.75% | 1.54% | 1.00% | 0.67% | 1.61% | - | 1.33% | 0.91% | 0.92% | 1.06% | 3.54% | 0.86% | 0.93% | 0.93% | 0.86% | 0.85% | 1.02% | 0.90% | 1.00% | 1.17% | 1.09% |
OGE Energy's average Quarter revenue forecast for Dec 23 based on 1 analysts is $986.67M, with a low forecast of $924.42M, and a high forecast of $1.05B. 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | $465.70M | $233.40M | $216.20M | $212.80M | $476.60M | - | $480.80M | $548.90M | $436.70M | $265.80M | $201.40M | $217.30M | $373.50M | $251.60M | $-593.70M | $171.00M | $405.40M | $231.60M | $158.30M | $187.20M | $355.20M |
| Avg Forecast | $279.80M | $481.78M | $255.95M | $232.17M | $231.22M | $378.06M | $271.39M | $251.88M | $356.56M | $457.94M | $283.41M | $201.22M | $384.19M | $285.58M | $178.54M | $160.12M | $527.79M | $339.25M | $255.96M | $153.45M | $185.11M | $259.62M | $241.33M | $-504.64M | $232.07M | $354.27M | $236.14M | $158.30M | $154.64M | $324.97M |
| High Forecast | $297.46M | $512.17M | $272.10M | $246.82M | $245.81M | $401.92M | $288.52M | $267.77M | $379.05M | $486.83M | $301.30M | $213.92M | $408.43M | $342.70M | $178.54M | $160.12M | $633.35M | $339.25M | $307.15M | $184.14M | $222.13M | $311.54M | $289.60M | $-403.72M | $278.49M | $425.12M | $283.37M | $189.96M | $185.57M | $389.96M |
| Low Forecast | $262.15M | $451.38M | $239.80M | $217.52M | $216.63M | $354.21M | $254.27M | $235.99M | $334.06M | $429.05M | $265.53M | $188.52M | $359.95M | $228.47M | $178.54M | $160.12M | $422.23M | $339.25M | $204.76M | $122.76M | $148.09M | $207.70M | $193.06M | $-605.57M | $185.66M | $283.41M | $188.91M | $126.64M | $123.71M | $259.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 0.82% | 1.07% | 0.55% | 1.67% | - | 3.00% | 1.04% | 1.29% | 1.04% | 1.31% | 1.17% | 1.44% | 1.04% | 1.18% | 0.74% | 1.14% | 0.98% | 1.00% | 1.21% | 1.09% |
1 analysts predict OGE's average Quarter EBITDA for Dec 23 to be $356.56M, with a high of $379.05M and a low of $334.06M. This is -23.44% lower than OGE Energy's previous annual EBITDA (Sep 23) of $465.70M.
OGE Energy Net Income Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | $241.90M | $88.40M | $38.30M | $50.30M | $262.80M | - | $279.50M | $319.20M | $252.50M | $112.90M | $52.70M | $54.80M | $177.40M | $85.90M | $-491.80M | $35.40M | $250.90M | $100.20M | $47.10M | $54.70M | $205.10M |
| Avg Forecast | $72.50M | $253.76M | $103.72M | $24.17M | $55.56M | $256.83M | $92.24M | $833.83M | $40.32M | $235.20M | $89.21M | $891.80M | $36.73M | $135.64M | $85.67M | $953.79M | $306.92M | $238.36M | $108.72M | $40.15M | $46.68M | $123.31M | $82.39M | $-418.03M | $48.04M | $219.25M | $102.16M | $47.10M | $45.19M | $187.64M |
| High Forecast | $78.45M | $274.58M | $112.23M | $26.15M | $60.12M | $274.09M | $99.80M | $1.00B | $43.62M | $243.17M | $96.53M | $1.07B | $39.74M | $162.77M | $85.67M | $1.14B | $368.31M | $238.36M | $130.46M | $48.18M | $56.02M | $147.97M | $98.87M | $-334.42M | $57.65M | $263.11M | $122.60M | $56.52M | $54.22M | $225.17M |
| Low Forecast | $66.56M | $232.95M | $95.21M | $22.19M | $51.00M | $239.56M | $84.67M | $667.06M | $37.01M | $229.22M | $81.90M | $713.44M | $33.71M | $108.51M | $85.67M | $763.03M | $245.54M | $238.36M | $86.97M | $32.12M | $37.35M | $98.65M | $65.92M | $-501.64M | $38.43M | $175.40M | $81.73M | $37.68M | $36.15M | $150.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 0.04% | 1.37% | 1.94% | - | 0.29% | 1.04% | 1.06% | 1.04% | 1.31% | 1.17% | 1.44% | 1.04% | 1.18% | 0.74% | 1.14% | 0.98% | 1.00% | 1.21% | 1.09% |
OGE Energy's average Quarter net income forecast for Dec 23 is $40.32M, with a range of $37.01M to $43.62M. 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $500.00K | $1.10M | $1.40M | $300.00K | $7.00M | $100.00K | $700.00K |
| Avg Forecast | $106.18M | $182.82M | $97.13M | $88.10M | $87.74M | $143.47M | $102.99M | $95.58M | $135.31M | $173.78M | $107.55M | $76.36M | $145.79M | $108.48M | $67.75M | $60.76M | $87.50M | $128.74M | $74.79M | $63.09M | $77.15M | $103.38M | $959.18K | $425.00K | $1.49M | $1.22M | $305.88K | $7.00M | $82.61K | $640.42K |
| High Forecast | $112.88M | $194.36M | $103.26M | $93.66M | $93.28M | $152.52M | $109.49M | $101.61M | $143.84M | $184.74M | $114.34M | $81.18M | $154.99M | $115.32M | $67.75M | $60.76M | $87.50M | $128.74M | $74.79M | $63.09M | $77.15M | $103.38M | $1.15M | $510.00K | $1.79M | $1.47M | $367.06K | $8.40M | $99.13K | $768.51K |
| Low Forecast | $99.48M | $171.29M | $91.00M | $82.55M | $82.21M | $134.42M | $96.49M | $89.55M | $126.77M | $162.82M | $100.76M | $71.54M | $136.59M | $101.63M | $67.75M | $60.76M | $87.50M | $128.74M | $74.79M | $63.09M | $77.15M | $103.38M | $767.35K | $340.00K | $1.19M | $978.74K | $244.71K | $5.60M | $66.09K | $512.34K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.18% | 0.74% | 1.14% | 0.98% | 1.00% | 1.21% | 1.09% |
OGE Energy's average Quarter SG&A projection for Sep 20 is $103.38M, based on 4 Wall Street analysts, with a range of $103.38M to $103.38M. The forecast indicates a 10237.67% rise compared to OGE last annual SG&A of $1.00M (Jun 20).
OGE Energy EPS Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 1 | - | - | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | $1.21 | $0.44 | $0.19 | $0.25 | $1.31 | - | $1.40 | $1.59 | $1.26 | $0.56 | $0.26 | $0.27 | $0.89 | $0.43 | $-2.46 | $0.18 | $1.25 | $0.50 | $0.24 | $0.27 | $1.03 |
| Avg Forecast | $0.36 | $1.26 | $0.52 | $0.12 | $0.28 | $1.28 | $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 | $0.47 | $0.20 | $0.29 | $1.11 | $0.51 | $0.24 | $0.19 | $0.86 |
| High Forecast | $0.39 | $1.36 | $0.56 | $0.13 | $0.30 | $1.36 | $0.50 | $0.12 | $0.22 | $1.21 | $0.48 | $0.18 | $0.20 | $1.28 | $0.43 | $0.15 | $0.27 | $1.19 | $0.52 | $0.21 | $0.29 | $1.06 | $0.47 | $0.20 | $0.29 | $1.11 | $0.51 | $0.24 | $0.23 | $1.03 |
| Low Forecast | $0.33 | $1.16 | $0.47 | $0.11 | $0.25 | $1.19 | $0.42 | $0.10 | $0.18 | $1.14 | $0.41 | $0.15 | $0.17 | $1.08 | $0.43 | $0.15 | $0.27 | $1.19 | $0.52 | $0.21 | $0.29 | $1.06 | $0.47 | $0.20 | $0.29 | $1.11 | $0.51 | $0.24 | $0.15 | $0.69 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 0.99% | 1.13% | 1.37% | 1.11% | - | 9.25% | 5.91% | 1.06% | 1.07% | 1.21% | 0.93% | 0.84% | 0.91% | -12.39% | 0.61% | 1.12% | 0.98% | 1.02% | 1.42% | 1.20% |
According to 1 Wall Street analysts, OGE Energy's projected average Quarter EPS for Dec 23 is $0.20, with a low estimate of $0.18 and a high estimate of $0.22. 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 |
|---|---|---|---|---|---|
| CNP | CenterPoint Energy | $28.32 | $31.00 | 9.46% | Hold |
| OGE | OGE Energy | $40.82 | $44.50 | 9.02% | Buy |
| PNM | PNM Resources | $41.77 | $44.50 | 6.54% | Buy |
| AEE | Ameren | $85.02 | $89.45 | 5.21% | Buy |
| POR | Portland General Electric Company | $48.84 | $49.88 | 2.13% | Buy |
| LNT | Alliant Energy | $60.31 | $61.00 | 1.14% | Buy |
| EVRG | Evergy | $61.91 | $62.00 | 0.15% | Buy |
| ETR | Entergy | $129.08 | $122.50 | -5.10% | Buy |
| CMS | CMS Energy | $70.26 | $66.23 | -5.74% | Buy |
| PNW | Pinnacle West Capital | $89.97 | $72.67 | -19.23% | Buy |
| MGEE | MGE Energy | $91.58 | $71.00 | -22.47% | 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 6 'Buy' recommendations, accounting for 54.55% of OGE's total ratings.
What is OGE's price target?
OGE Energy (OGE) average price target is $44.5 with a range of $39 to $57, implying a 9.02% from its last price of $40.82. 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 up by 9.02% (from the last price of $40.82 to the average price target of $44.5), up by 39.64% based on the highest stock price target, and down by -4.46% based on the lowest stock price target.
Can OGE Energy stock reach $60?
OGE's average twelve months analyst stock price target of $44.5 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 2024) are as follows: average revenue is $3.13B (high $3.33B, low $2.94B), average EBITDA is $1.13B (high $1.2B, low $1.06B), average net income is $1.24B (high $1.43B, low $1.04B), average SG&A $429.78M (high $456.9M, low $402.67M), and average EPS is $2.12 (high $2.28, low $1.97). OGE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.46B (high $3.68B, low $3.24B), average EBITDA is $1.25B (high $1.33B, low $1.17B), average net income is $454.16M (high $491.41M, low $416.91M), average SG&A $474.24M (high $504.16M, low $444.32M), and average EPS is $2.26 (high $2.44, low $2.07).
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 $1.01B by 39.78%. The company's net income was $665.7M, missing the average estimation of $1.21B by -45.07%. Apple's SG&A was $0, missing the average forecast of $382.78M 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 $457.94M by 1.69%. OGE Energy's net income was $241.9M, beating the average estimation of $235.2M by 2.85%. The company's SG&A was $0, missing the average forecast of $173.78M by -100.00%. Lastly, the company's EPS was $1.21, beating the average prediction of $1.17 by 3.61%