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PG&E (PCG) Stock Forecast, Price Target & Predictions

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PCG Stock Forecast

PG&E stock forecast is as follows: an average price target of $24.50 (represents a 55.16% upside from PCG’s last price of $15.79) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

PCG Price Target

The average price target for PG&E (PCG) is $24.50 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $24.00. This represents a potential 55.16% upside from PCG's last price of $15.79.

PCG Analyst Ratings

Buy

According to 12 Wall Street analysts, PG&E's rating consensus is 'Buy'. The analyst rating breakdown for PCG stock is 0 'Strong Buy' (0.00%), 11 'Buy' (91.67%), 1 'Hold' (8.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

PG&E Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Nicholas CampanellaBarclays$25.00$20.3822.67%58.33%
Oct 14, 2024Julian Dumoulin-SmithJefferies$24.00$19.6322.26%51.99%
Jul 22, 2024Nicholas CampanellaBarclays$22.00$18.0022.22%39.33%
Jun 03, 2024Gregg OrrillUBS$22.00$18.5418.66%39.33%
May 17, 2024Anthony CrowdellMizuho Securities$23.00$18.4524.66%45.66%
Aug 07, 2023Gregg OrrillUBS$21.00$17.5719.56%33.00%
Sep 29, 2022Credit Suisse$16.00$12.7026.03%1.33%
Jul 21, 2022Morgan Stanley$13.00$10.4524.46%-17.67%
Jul 14, 2022Credit Suisse$15.00$9.8951.67%-5.00%
May 23, 2022Morgan Stanley$13.50$11.9912.55%-14.50%
Apr 29, 2022Wells Fargo$19.00$12.9346.95%20.33%
Apr 26, 2022Credit Suisse$17.00$11.8243.82%7.66%
Apr 20, 2022Morgan Stanley$14.00$12.4512.45%-11.34%
Apr 16, 2022Paul FremontMizuho Securities$18.00$12.3046.34%14.00%
Jan 28, 2022Paul FremontMizuho Securities$17.50$12.6937.90%10.83%

The latest PG&E stock forecast, released on Oct 21, 2024 by Nicholas Campanella from Barclays, set a price target of $25.00, which represents a 22.67% increase from the stock price at the time of the forecast ($20.38), and a 58.33% increase from PCG last price ($15.79).

PG&E Price Target by Period

1M3M12M
# Anlaysts--5
Avg Price Target--$23.20
Last Closing Price$15.79$15.79$15.79
Upside/Downside-100.00%-100.00%46.93%

In the current month, the average price target of PG&E stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PG&E's last price of $15.79. 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
Jan 13, 2025BMO CapitalOutperformInitialise
Oct 21, 2024BarclaysOverweightOverweightHold
Oct 14, 2024JefferiesNeutralBuyInitialise
Sep 25, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 12, 2024BarclaysOverweightOverweightHold
Sep 03, 2024UBSBuyBuyHold
Aug 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 22, 2024BarclaysOverweightOverweightHold
Jul 10, 2024CitigroupBuyBuyHold
Jun 14, 2024CitigroupBuyBuyHold
Jun 05, 2024BarclaysOverweightOverweightHold
Jun 03, 2024UBSBuyBuyHold
May 28, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 18, 2024CitigroupBuyBuyHold
Apr 09, 2024Goldman SachsBuyInitialise
Oct 03, 2023CFRABuyUpgrade
Aug 07, 2023UBSNegativeBuyUpgrade
Jan 15, 2023UBSNeutralNegativeDowngrade
Jan 03, 2023UBSNeutralDowngrade
Jan 03, 2023JefferiesNeutralDowngrade
Nov 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 04, 2022BernsteinOutperformInitialise
Sep 29, 2022Credit SuisseOutperformOutperformHold
Aug 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 21, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 14, 2022Credit SuisseOutperformOutperformHold
May 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 29, 2022Wells FargoOverweightOverweightHold
Jan 28, 2022Mizuho SecuritiesBuyBuyHold

PG&E's last stock rating was published by BMO Capital on Jan 13, 2025. The company Initialise its PCG rating from "null" to "Outperform".

PG&E Financial Forecast

PG&E 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---------------------$5.89B$5.29B$6.21B$5.37B$5.39B$5.12B$5.80B$5.25B$5.46B
Avg Forecast$8.68B$8.49B$8.30B$8.12B$7.94B$7.76B$7.59B$7.42B$7.26B$7.10B$6.94B$6.79B$5.51B$6.40B$6.32B$6.24B$7.11B$6.58B$5.86B$6.60B$5.70B$5.48B$5.49B$6.19B$5.52B$6.00B$5.81B$5.24B$5.46B$5.37B
High Forecast$8.89B$8.69B$8.50B$8.32B$8.13B$7.95B$7.78B$7.61B$7.44B$7.27B$7.11B$6.96B$5.64B$6.56B$6.48B$6.32B$7.21B$6.65B$5.86B$6.60B$5.99B$5.61B$5.62B$6.35B$5.65B$6.00B$5.81B$5.24B$5.46B$5.37B
Low Forecast$8.43B$8.25B$8.06B$7.89B$7.71B$7.54B$7.38B$7.21B$7.06B$6.90B$6.75B$6.60B$5.35B$6.22B$6.14B$6.12B$7.03B$6.50B$5.86B$6.60B$5.48B$5.32B$5.33B$6.02B$5.38B$6.00B$5.81B$5.24B$5.46B$5.37B
# Analysts111111111111111342113111111111
Surprise %---------------------1.07%0.96%1.00%0.97%0.90%0.88%1.11%0.96%1.02%

PG&E's average Quarter revenue forecast for Dec 23 based on 3 analysts is $5.70B, with a low forecast of $5.48B, and a high forecast of $5.99B. PCG's average Quarter revenue forecast represents a -3.26% decrease compared to the company's last Quarter revenue of $5.89B (Sep 23).

PG&E 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
# Analysts111111111111111342113111111111
EBITDA---------------------$1.40B$432.00M$1.90B$1.40B$1.90B$1.38B$1.66B$1.58B$1.24B
Avg Forecast$1.33B$1.30B$1.27B$1.24B$1.21B$1.19B$1.16B$1.14B$1.11B$1.09B$1.06B$1.04B$842.03M$979.23M$966.65M$954.56M$1.09B$1.01B$896.02M$2.01B$870.98M$837.75M$839.12M$1.82B$1.73B$1.86B$1.81B$1.66B$1.70B$1.67B
High Forecast$1.36B$1.33B$1.30B$1.27B$1.24B$1.22B$1.19B$1.16B$1.14B$1.11B$1.09B$1.06B$862.72M$1.00B$990.41M$966.86M$1.10B$1.02B$896.02M$2.41B$915.68M$858.34M$859.75M$2.19B$2.08B$1.86B$1.81B$1.99B$1.70B$1.67B
Low Forecast$1.29B$1.26B$1.23B$1.21B$1.18B$1.15B$1.13B$1.10B$1.08B$1.05B$1.03B$1.01B$818.23M$951.56M$939.33M$936.11M$1.07B$994.30M$896.02M$1.61B$838.47M$814.07M$815.41M$1.46B$1.39B$1.86B$1.81B$1.33B$1.70B$1.67B
Surprise %---------------------1.67%0.51%1.04%0.80%1.02%0.77%1.00%0.93%0.74%

3 analysts predict PCG's average Quarter EBITDA for Dec 23 to be $870.98M, with a high of $915.68M and a low of $838.47M. This is -37.61% lower than PG&E's previous annual EBITDA (Sep 23) of $1.40B.

PG&E 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
# Analysts111111111111111342113111111111
Net Income---------------------$351.00M$410.00M$572.00M$517.00M$459.00M$360.00M$478.00M$476.00M$-1.09B
Avg Forecast$1.12B$1.04B$900.92M$1.09B$1.07B$946.84M$845.99M$943.71M$925.99M$869.42M$779.26M$907.77M$860.05M$758.34M$729.80M$833.97M$668.06M$715.03M$639.21M$462.70M$978.84M$529.49M$540.23M$420.64M$523.60M$537.62M$601.39M$382.40M$604.02M$548.80M
High Forecast$1.15B$1.07B$929.70M$1.12B$1.11B$977.10M$873.02M$973.86M$955.56M$897.19M$804.16M$936.77M$887.52M$782.58M$753.11M$879.06M$690.32M$737.88M$639.51M$555.24M$1.00B$712.08M$557.48M$504.77M$628.32M$537.62M$601.39M$458.88M$604.02M$548.80M
Low Forecast$1.08B$1.00B$867.81M$1.05B$1.03B$912.06M$814.92M$909.04M$891.96M$837.46M$750.63M$874.43M$828.44M$730.48M$702.99M$788.88M$643.52M$688.76M$638.91M$370.16M$942.88M$383.43M$520.38M$336.51M$418.88M$537.62M$601.39M$305.92M$604.02M$548.80M
Surprise %---------------------0.66%0.76%1.36%0.99%0.85%0.60%1.25%0.79%-1.98%

PG&E's average Quarter net income forecast for Dec 23 is $978.84M, with a range of $942.88M to $1.00B. PCG's average Quarter net income forecast represents a 178.87% increase compared to the company's last Quarter net income of $351.00M (Sep 23).

PG&E 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
# Analysts111111111111111342113111111111
SG&A------------------------$-145.00M-$145.00M---
Avg Forecast$159.70M$156.18M$152.74M$149.37M$146.08M$142.86M$139.71M$136.63M$133.62M$130.68M$127.80M$124.98M$101.35M$117.87M$116.35M$114.90M$130.81M$121.03M$107.85M$121.43M$104.84M$100.84M$101.00M$113.98M$101.65M$110.36M$106.94M$96.52M$100.49M$98.79M
High Forecast$163.63M$160.02M$156.49M$153.04M$149.67M$146.37M$143.15M$139.99M$136.91M$133.89M$130.94M$128.05M$103.84M$120.76M$119.21M$116.38M$132.62M$122.38M$107.85M$121.43M$110.22M$103.32M$103.49M$116.78M$103.96M$110.36M$106.94M$96.52M$100.49M$98.79M
Low Forecast$155.19M$151.77M$148.42M$145.15M$141.95M$138.82M$135.76M$132.77M$129.85M$126.98M$124.19M$121.45M$98.49M$114.54M$113.06M$112.68M$129.37M$119.68M$107.85M$121.43M$100.92M$97.99M$98.15M$110.76M$99.07M$110.36M$106.94M$96.52M$100.49M$98.79M
Surprise %-------------------------1.43%-1.36%---

PG&E's average Quarter SG&A projection for Sep 22 is $110.36M, based on 1 Wall Street analysts, with a range of $110.36M to $110.36M. The forecast indicates a -23.89% fall compared to PCG last annual SG&A of $145.00M (Jun 22).

PG&E 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
# Analysts111111111111111342113111111111
EPS---------------------$0.16$0.20$0.29$0.26$0.23$0.18$0.24$0.24$-0.55
Avg Forecast$0.52$0.48$0.42$0.51$0.50$0.44$0.39$0.44$0.43$0.41$0.36$0.42$0.40$0.35$0.34$0.39$0.31$0.33$0.30$0.35$0.46$0.25$0.25$0.29$0.28$0.25$0.28$0.25$0.28$0.26
High Forecast$0.54$0.50$0.43$0.52$0.52$0.46$0.41$0.45$0.45$0.42$0.38$0.44$0.41$0.37$0.35$0.41$0.32$0.34$0.30$0.35$0.47$0.33$0.26$0.30$0.28$0.25$0.28$0.25$0.28$0.26
Low Forecast$0.50$0.47$0.40$0.49$0.48$0.43$0.38$0.42$0.42$0.39$0.35$0.41$0.39$0.34$0.33$0.37$0.30$0.32$0.30$0.35$0.44$0.18$0.24$0.28$0.27$0.25$0.28$0.25$0.28$0.26
Surprise %---------------------0.65%0.79%1.01%0.94%0.92%0.64%0.95%0.85%-2.15%

According to 3 Wall Street analysts, PG&E's projected average Quarter EPS for Dec 23 is $0.46, with a low estimate of $0.44 and a high estimate of $0.47. This represents a 185.48% increase compared to PCG previous annual EPS of $0.16 (Sep 23).

PG&E Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$79.24$140.2576.99%Buy
PCGPG&E$15.79$24.5055.16%Buy
NEENextEra Energy$70.89$90.5027.66%Buy
FEFirstEnergy$39.67$47.6720.17%Hold
EXCExelon$39.57$46.0016.25%Buy
DUKDuke Energy$110.62$123.3311.49%Buy
EDConsolidated Edison$92.57$102.7511.00%Hold
DDominion Energy$55.10$58.606.35%Hold
AEPAmerican Electric Power$98.05$104.006.07%Hold
PNWPinnacle West Capital$85.90$90.675.55%Buy
SOSouthern$82.83$86.504.43%Hold

PCG Forecast FAQ

Is PG&E a good buy?

Yes, according to 12 Wall Street analysts, PG&E (PCG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 91.67% of PCG's total ratings.

What is PCG's price target?

PG&E (PCG) average price target is $24.5 with a range of $24 to $25, implying a 55.16% from its last price of $15.79. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PG&E stock go up soon?

According to Wall Street analysts' prediction for PCG stock, the company can go up by 55.16% (from the last price of $15.79 to the average price target of $24.5), up by 58.33% based on the highest stock price target, and up by 51.99% based on the lowest stock price target.

Can PG&E stock reach $20?

PCG's average twelve months analyst stock price target of $24.5 supports the claim that PG&E can reach $20 in the near future.

What are PG&E's analysts' financial forecasts?

PG&E's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $30.72B (high $31.47B, low $29.85B), average EBITDA is $4.7B (high $4.81B, low $4.56B), average net income is $3.81B (high $3.93B, low $3.67B), average SG&A $565.29M (high $579.18M, low $549.31M), and average EPS is $1.78 (high $1.83, low $1.71). PCG's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $33.58B (high $34.4B, low $32.63B), average EBITDA is $5.13B (high $5.26B, low $4.99B), average net income is $4.15B (high $4.28B, low $4B), average SG&A $617.99M (high $633.18M, low $600.53M), and average EPS is $1.94 (high $2, low $1.86).

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

Based on PG&E's last annual report (Dec 2023), the company's revenue was $24.43B, beating the average analysts forecast of $22.86B by 6.88%. Apple's EBITDA was $1.59B, missing the average prediction of $4.37B by -63.70%. The company's net income was $2.26B, missing the average estimation of $2.47B by -8.63%. Apple's SG&A was $0, missing the average forecast of $420.66M by -100.00%. Lastly, the company's EPS was $1.06, missing the average prediction of $1.24 by -14.77%. In terms of the last quarterly report (Sep 2023), PG&E's revenue was $5.89B, beating the average analysts' forecast of $5.48B by 7.46%. The company's EBITDA was $1.4B, beating the average prediction of $837.75M by 66.64%. PG&E's net income was $351M, missing the average estimation of $529.49M by -33.71%. The company's SG&A was $0, missing the average forecast of $100.84M by -100.00%. Lastly, the company's EPS was $0.16, missing the average prediction of $0.247 by -35.24%