PG&E (PCG) Stock Forecast, Price Target & Predictions
PCG Stock Forecast
PG&E stock forecast is as follows: an average price target of $20.29 (represents a -5.05% downside from PCG’s last price of $21.37) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
PCG Price Target
The average price target for PG&E (PCG) is $20.29 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $13.00. This represents a potential -5.05% downside from PCG's last price of $21.37.
PCG Analyst Ratings
According to 11 Wall Street analysts, PG&E's rating consensus is 'Buy'. The analyst rating breakdown for PCG stock is 0 'Strong Buy' (0.00%), 10 'Buy' (90.91%), 1 'Hold' (9.09%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PG&E Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Nicholas Campanella | Barclays | - | - | 22.67% | 16.99% |
| Oct 14, 2024 | Julian Dumoulin-Smith | Jefferies | - | - | 22.26% | 12.31% |
| Jul 22, 2024 | Nicholas Campanella | Barclays | - | - | 22.22% | 2.95% |
| Jun 03, 2024 | Gregg Orrill | UBS | - | - | 18.66% | 2.95% |
| May 17, 2024 | Anthony Crowdell | Mizuho Securities | - | - | 24.66% | 7.63% |
| Aug 07, 2023 | Gregg Orrill | UBS | - | - | 19.56% | -1.73% |
| Sep 29, 2022 | Credit Suisse | - | - | 26.03% | -25.13% | |
| Jul 21, 2022 | Morgan Stanley | - | - | 24.46% | -39.17% | |
| Jul 14, 2022 | Credit Suisse | - | - | 51.67% | -29.81% | |
| May 23, 2022 | Morgan Stanley | - | - | 12.55% | -36.83% |
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 16.99% increase from PCG last price ($21.37).
PG&E Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $24.50 | $23.20 |
| Last Closing Price | $21.37 | $21.37 | $21.37 |
| Upside/Downside | -100.00% | 14.65% | 8.56% |
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 $21.37. 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 |
|---|---|---|---|---|
| Oct 21, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 14, 2024 | Jefferies | Neutral | Buy | Initialise |
| Sep 25, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 12, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 03, 2024 | UBS | Buy | Buy | Hold |
| Aug 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 22, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 10, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 14, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 05, 2024 | Barclays | Overweight | Overweight | Hold |
PG&E's last stock rating was published by Barclays on Oct 21, 2024. The company gave PCG a "Overweight" rating, the same as its previous rate.
PG&E Financial Forecast
PG&E Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $5.95B | $6.18B | $6.29B | $6.13B | $7.16B | $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 | $8.79B | $8.60B | $8.41B | $8.22B | $8.04B | $7.86B | $7.69B | $7.52B | $7.36B | $7.19B | $7.04B | $6.88B | $6.03B | $6.26B | $6.38B | $6.21B | $7.26B | $6.65B | $5.86B | $6.60B | $5.99B | $5.55B | $5.56B | $6.27B | $5.60B | $6.00B | $5.81B | $5.24B | $5.46B | $5.37B |
| Low Forecast | $8.59B | $8.40B | $8.21B | $8.03B | $7.85B | $7.68B | $7.51B | $7.35B | $7.18B | $7.03B | $6.87B | $6.72B | $5.89B | $6.12B | $6.23B | $6.08B | $7.09B | $6.50B | $5.86B | $6.60B | $5.48B | $5.42B | $5.43B | $6.13B | $5.46B | $6.00B | $5.81B | $5.24B | $5.46B | $5.37B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $1.28B | $1.25B | $1.22B | $1.19B | $1.17B | $1.14B | $1.12B | $1.09B | $1.07B | $1.04B | $914.45M | $950.43M | $967.42M | $942.35M | $1.10B | $1.01B | $900.86M | $2.01B | $875.69M | $842.28M | $843.66M | $1.82B | $1.73B | $1.86B | $1.81B | $1.66B | $1.70B | $1.67B |
| High Forecast | $1.35B | $1.32B | $1.29B | $1.26B | $1.24B | $1.21B | $1.18B | $1.16B | $1.13B | $1.11B | $1.08B | $1.06B | $926.53M | $962.99M | $980.21M | $954.66M | $1.12B | $1.02B | $900.86M | $2.41B | $920.63M | $853.41M | $854.81M | $2.19B | $2.08B | $1.86B | $1.81B | $1.99B | $1.70B | $1.67B |
| Low Forecast | $1.32B | $1.29B | $1.26B | $1.23B | $1.21B | $1.18B | $1.15B | $1.13B | $1.10B | $1.08B | $1.06B | $1.03B | $904.78M | $940.38M | $957.19M | $934.65M | $1.09B | $999.67M | $900.86M | $1.61B | $843.00M | $833.37M | $834.74M | $1.46B | $1.39B | $1.86B | $1.81B | $1.33B | $1.70B | $1.67B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.66% | 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 $875.69M, with a high of $920.63M and a low of $843.00M. This is -37.27% lower than PG&E's previous annual EBITDA (Sep 23) of $1.40B.
PG&E Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $351.00M | $410.00M | $572.00M | $517.00M | $459.00M | $360.00M | $478.00M | $476.00M | $-1.09B |
| Avg Forecast | $1.04B | $1.03B | $937.78M | $1.12B | $1.01B | $971.01M | $873.57M | $933.62M | $857.59M | $886.11M | $804.46M | $926.18M | $817.47M | $771.67M | $754.55M | $808.02M | $705.63M | $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 | $1.06B | $1.05B | $953.89M | $1.14B | $1.03B | $987.69M | $888.57M | $949.65M | $872.31M | $901.32M | $818.28M | $942.08M | $831.51M | $784.94M | $767.52M | $832.51M | $786.27M | $727.31M | $639.51M | $555.24M | $1.00B | $712.08M | $549.51M | $504.77M | $628.32M | $537.62M | $601.39M | $458.88M | $604.02M | $548.80M |
| Low Forecast | $1.03B | $1.01B | $924.88M | $1.10B | $997.18M | $957.66M | $861.57M | $920.78M | $845.80M | $873.92M | $793.40M | $913.45M | $806.24M | $761.07M | $744.18M | $783.52M | $665.29M | $705.20M | $638.91M | $370.16M | $965.38M | $383.43M | $532.79M | $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 $965.38M 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 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $109.48M | $113.79M | $115.82M | $112.82M | $131.71M | $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 | $161.81M | $158.24M | $154.76M | $151.35M | $148.01M | $144.75M | $141.56M | $138.44M | $135.39M | $132.41M | $129.49M | $126.63M | $110.92M | $115.29M | $117.35M | $114.29M | $133.69M | $122.38M | $107.85M | $121.43M | $110.22M | $102.17M | $102.34M | $115.48M | $102.99M | $110.36M | $106.94M | $96.52M | $100.49M | $98.79M |
| Low Forecast | $158.01M | $154.53M | $151.12M | $147.79M | $144.54M | $141.35M | $138.24M | $135.19M | $132.21M | $129.30M | $126.45M | $123.66M | $108.32M | $112.58M | $114.59M | $111.90M | $130.45M | $119.68M | $107.85M | $121.43M | $100.92M | $99.77M | $99.93M | $112.77M | $100.58M | $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 28 | Sep 28 | Jun 28 | Mar 28 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.16 | $0.20 | $0.29 | $0.26 | $0.23 | $0.18 | $0.24 | $0.24 | $-0.55 |
| Avg Forecast | $0.49 | $0.48 | $0.44 | $0.52 | $0.47 | $0.45 | $0.41 | $0.44 | $0.40 | $0.41 | $0.38 | $0.43 | $0.38 | $0.36 | $0.35 | $0.38 | $0.33 | $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 | $0.49 | $0.49 | $0.45 | $0.53 | $0.48 | $0.46 | $0.41 | $0.44 | $0.41 | $0.42 | $0.38 | $0.44 | $0.39 | $0.37 | $0.36 | $0.39 | $0.37 | $0.34 | $0.30 | $0.35 | $0.47 | $0.33 | $0.26 | $0.29 | $0.28 | $0.25 | $0.28 | $0.25 | $0.28 | $0.26 |
| Low Forecast | $0.48 | $0.47 | $0.43 | $0.52 | $0.47 | $0.45 | $0.40 | $0.43 | $0.39 | $0.41 | $0.37 | $0.43 | $0.38 | $0.36 | $0.35 | $0.37 | $0.31 | $0.33 | $0.30 | $0.35 | $0.45 | $0.18 | $0.25 | $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 $0.45 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXC | Exelon | - | - | 19.99% | Buy |
| FE | FirstEnergy | - | - | 11.99% | Hold |
| NEE | NextEra Energy | - | - | 11.22% | Buy |
| D | Dominion Energy | - | - | 5.85% | Hold |
| AEP | American Electric Power Company | - | - | 2.98% | Hold |
| DUK | Duke Energy | - | - | -0.26% | Buy |
| PCG | PG&E | - | - | -5.05% | Buy |
| ED | Consolidated Edison | - | - | -5.54% | Hold |
| SO | Southern Company | - | - | -10.86% | Hold |
| ETR | Entergy | - | - | -15.48% | Buy |
| PNW | Pinnacle West Capital | - | - | -15.59% | Buy |