Public Service Enterprise Group (PEG) Stock Forecast, Price Target & Predictions
PEG Stock Forecast
Public Service Enterprise Group stock forecast is as follows: an average price target of $81.29 (represents a -12.02% downside from PEG’s last price of $92.40) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
PEG Price Target
The average price target for Public Service Enterprise Group (PEG) is $81.29 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $70.00. This represents a potential -12.02% downside from PEG's last price of $92.40.
PEG Analyst Ratings
According to 9 Wall Street analysts, Public Service Enterprise Group's rating consensus is 'Buy'. The analyst rating breakdown for PEG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Public Service Enterprise Group 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 | James Thalacker | BMO Capital | - | - | -1.54% | -3.68% |
| Sep 12, 2024 | Paul Zimbardo | Jefferies | - | - | 2.03% | -8.01% |
| Aug 23, 2024 | David Arcaro | Morgan Stanley | - | - | 2.37% | -10.17% |
| Jul 30, 2024 | Greg Gordon | Evercore ISI | - | - | 2.56% | -13.42% |
| Jun 17, 2024 | Shahriar Pourreza | Guggenheim | - | - | 11.90% | -11.26% |
| May 28, 2024 | David Arcaro | Morgan Stanley | - | - | 4.24% | -15.58% |
| May 23, 2024 | Paul Fremont | Mizuho Securities | - | - | 8.17% | -13.42% |
| May 01, 2024 | James Thalacker | BMO Capital | - | - | -0.22% | -25.32% |
| Dec 04, 2023 | Jeremy Tonet | J.P. Morgan | - | - | 11.82% | -24.24% |
The latest Public Service Enterprise Group stock forecast, released on Oct 21, 2024 by James Thalacker from BMO Capital, set a price target of $89.00, which represents a -1.54% decrease from the stock price at the time of the forecast ($90.39), and a -3.68% decrease from PEG last price ($92.40).
Public Service Enterprise Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 9 |
| Avg Price Target | - | $87.00 | $79.56 |
| Last Closing Price | $92.40 | $92.40 | $92.40 |
| Upside/Downside | -100.00% | -5.84% | -13.90% |
In the current month, the average price target of Public Service Enterprise Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Public Service Enterprise Group's last price of $92.40. 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 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 16, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 08, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 12, 2024 | Jefferies | Hold | Initialise | |
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 20, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Aug 02, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 30, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Public Service Enterprise Group's last stock rating was published by BMO Capital on Oct 21, 2024. The company gave PEG a "Market Perform" rating, the same as its previous rate.
Public Service Enterprise Group Financial Forecast
Public Service Enterprise Group 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.60B | $2.46B | $2.42B | $3.75B | $3.14B | $2.27B | $2.08B | $2.31B | $3.06B | $1.90B |
| Avg Forecast | $2.51B | $1.72B | $1.89B | $2.34B | $3.18B | $2.09B | $2.21B | $1.45B | $3.15B | $1.98B | $2.10B | $1.37B | $4.82B | $2.52B | $2.33B | $2.50B | $2.17B | $2.43B | $2.03B | $2.99B | $2.40B | $2.18B | $1.95B | $2.80B | $2.13B | $1.99B | $1.81B | $2.60B | $3.12B | $2.56B |
| High Forecast | $2.73B | $1.87B | $2.06B | $2.55B | $3.46B | $2.28B | $2.41B | $1.58B | $3.43B | $2.16B | $2.28B | $1.49B | $5.25B | $2.75B | $2.54B | $2.88B | $2.39B | $2.44B | $2.03B | $2.99B | $2.97B | $2.18B | $2.13B | $3.05B | $2.33B | $1.99B | $1.81B | $2.60B | $3.12B | $2.56B |
| Low Forecast | $2.26B | $1.55B | $1.71B | $2.11B | $2.86B | $1.88B | $1.99B | $1.30B | $2.83B | $1.78B | $1.89B | $1.23B | $4.34B | $2.27B | $2.10B | $2.15B | $1.85B | $2.41B | $2.03B | $2.99B | $1.51B | $2.18B | $1.76B | $2.52B | $1.92B | $1.99B | $1.81B | $2.60B | $3.12B | $2.56B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.13% | 1.24% | 1.34% | 1.47% | 1.14% | 1.15% | 0.89% | 0.98% | 0.74% |
Public Service Enterprise Group's average Quarter revenue forecast for Mar 24 based on 4 analysts is $2.99B, with a low forecast of $2.99B, and a high forecast of $2.99B. PEG's average Quarter revenue forecast represents a 14.59% increase compared to the company's last Quarter revenue of $2.60B (Dec 23).
Public Service Enterprise Group 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 | 3 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.09B | $310.00M | $532.00M | $2.00B | $1.41B | $668.00M | $727.00M | $412.00M | $1.07B | $-1.79B |
| Avg Forecast | $819.23M | $562.19M | $619.12M | $766.36M | $1.04B | $683.46M | $723.77M | $472.80M | $1.03B | $647.19M | $685.36M | $447.71M | $1.58B | $824.13M | $762.33M | $817.77M | $709.11M | $793.90M | $662.84M | $391.36M | $784.90M | $713.14M | $637.91M | $309.37M | $1.14B | $755.27M | $683.94M | $244.56M | $1.18B | $971.00M |
| High Forecast | $892.51M | $612.47M | $674.49M | $834.91M | $1.13B | $744.59M | $788.50M | $515.09M | $1.12B | $705.07M | $746.66M | $487.75M | $1.72B | $897.84M | $830.52M | $940.58M | $782.15M | $798.94M | $662.84M | $469.63M | $971.41M | $713.14M | $694.97M | $371.25M | $1.37B | $755.27M | $683.94M | $293.48M | $1.18B | $971.00M |
| Low Forecast | $737.70M | $506.24M | $557.50M | $690.10M | $936.07M | $615.44M | $651.74M | $425.75M | $926.81M | $582.78M | $617.15M | $403.15M | $1.42B | $742.11M | $686.47M | $703.94M | $605.64M | $788.86M | $662.84M | $313.08M | $493.47M | $713.14M | $574.43M | $247.50M | $910.08M | $755.27M | $683.94M | $195.65M | $1.18B | $971.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 0.43% | 0.83% | 6.47% | 1.24% | 0.88% | 1.06% | 1.68% | 0.90% | -1.84% |
4 analysts predict PEG's average Quarter EBITDA for Mar 24 to be $391.36M, with a high of $469.63M and a low of $313.08M. This is -64.03% lower than Public Service Enterprise Group's previous annual EBITDA (Dec 23) of $1.09B.
Public Service Enterprise Group 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 | 3 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $546.00M | $139.00M | $591.00M | $1.29B | $788.00M | $114.00M | $131.00M | $-2.00M | $445.00M | $-1.56B |
| Avg Forecast | $529.70M | $594.68M | $458.80M | $942.30M | $501.58M | $562.23M | $433.68M | $890.83M | $463.40M | $522.23M | $403.95M | $828.10M | $447.38M | $510.89M | $389.51M | $690.40M | $418.70M | $435.14M | $311.48M | $-2.60M | $260.26M | $375.12M | $314.45M | $-2.06M | $474.89M | $413.73M | $321.99M | $-1.63M | $333.15M | $461.73M |
| High Forecast | $591.29M | $663.82M | $512.15M | $1.05B | $559.90M | $627.60M | $484.10M | $994.40M | $517.28M | $582.95M | $450.92M | $924.39M | $499.39M | $570.29M | $434.80M | $744.76M | $428.91M | $450.82M | $311.49M | $-2.08M | $265.18M | $376.06M | $351.01M | $-1.64M | $569.87M | $413.73M | $321.99M | $-1.30M | $333.15M | $461.73M |
| Low Forecast | $461.17M | $517.74M | $399.44M | $820.39M | $436.69M | $489.49M | $377.57M | $775.58M | $403.44M | $454.66M | $351.69M | $720.97M | $389.50M | $444.80M | $339.12M | $657.79M | $393.17M | $419.46M | $311.47M | $-3.12M | $255.35M | $374.18M | $273.77M | $-2.47M | $379.91M | $413.73M | $321.99M | $-1.95M | $333.15M | $461.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.10% | 0.37% | 1.88% | -626.09% | 1.66% | 0.28% | 0.41% | 1.23% | 1.34% | -3.39% |
Public Service Enterprise Group's average Quarter net income forecast for Mar 24 is $-2.60M, with a range of $-3.12M to $-2.08M. PEG's average Quarter net income forecast represents a -100.48% decrease compared to the company's last Quarter net income of $546.00M (Dec 23).
Public Service Enterprise Group 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 | 3 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $67.66M | $46.43M | $51.13M | $63.29M | $85.85M | $56.44M | $59.77M | $39.05M | $85.00M | $53.45M | $56.60M | $36.97M | $130.23M | $68.06M | $62.96M | $67.54M | $58.56M | $65.57M | $54.74M | $80.60M | $64.82M | $58.90M | $52.68M | $75.47M | $57.64M | $53.84M | $48.76M | $70.20M | $84.32M | $69.22M |
| High Forecast | $73.71M | $50.58M | $55.70M | $68.95M | $93.53M | $61.49M | $65.12M | $42.54M | $92.60M | $58.23M | $61.66M | $40.28M | $141.87M | $74.15M | $68.59M | $77.68M | $64.60M | $65.98M | $54.74M | $80.60M | $80.23M | $58.90M | $57.40M | $82.22M | $62.80M | $53.84M | $48.76M | $70.20M | $84.32M | $69.22M |
| Low Forecast | $60.92M | $41.81M | $46.04M | $56.99M | $77.31M | $50.83M | $53.83M | $35.16M | $76.54M | $48.13M | $50.97M | $33.30M | $117.27M | $61.29M | $56.69M | $58.14M | $50.02M | $65.15M | $54.74M | $80.60M | $40.75M | $58.90M | $47.44M | $67.96M | $51.91M | $53.84M | $48.76M | $70.20M | $84.32M | $69.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Public Service Enterprise Group'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 PEG last annual SG&A of $NaN (undefined).
Public Service Enterprise Group 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 | 3 | 4 | 2 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.28 | $1.19 | $2.58 | $1.58 | $0.23 | $0.26 | $-0.00 | $0.88 | $-3.10 |
| Avg Forecast | $1.06 | $1.19 | $0.92 | $1.88 | $1.00 | $1.12 | $0.87 | $1.78 | $0.93 | $1.04 | $0.81 | $1.66 | $0.89 | $1.02 | $0.78 | $1.38 | $0.84 | $0.87 | $0.62 | $1.30 | $0.52 | $0.75 | $0.63 | $1.25 | $0.62 | $0.83 | $0.64 | $1.13 | $0.67 | $0.92 |
| High Forecast | $1.18 | $1.33 | $1.02 | $2.10 | $1.12 | $1.26 | $0.97 | $1.99 | $1.03 | $1.17 | $0.90 | $1.85 | $1.00 | $1.14 | $0.87 | $1.49 | $0.86 | $0.90 | $0.62 | $1.31 | $0.53 | $0.75 | $0.70 | $1.39 | $0.70 | $0.83 | $0.64 | $1.13 | $0.67 | $0.92 |
| Low Forecast | $0.92 | $1.04 | $0.80 | $1.64 | $0.87 | $0.98 | $0.76 | $1.55 | $0.81 | $0.91 | $0.70 | $1.44 | $0.78 | $0.89 | $0.68 | $1.32 | $0.79 | $0.84 | $0.62 | $1.30 | $0.51 | $0.75 | $0.55 | $1.08 | $0.54 | $0.83 | $0.64 | $1.13 | $0.67 | $0.92 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 1.89% | 2.07% | 2.53% | 0.28% | 0.40% | -0.00% | 1.32% | -3.36% |
According to 5 Wall Street analysts, Public Service Enterprise Group's projected average Quarter EPS for Dec 23 is $0.52, with a low estimate of $0.51 and a high estimate of $0.53. This represents a 85.90% increase compared to PEG previous annual EPS of $0.28 (Sep 23).
Public Service Enterprise Group 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 |
| PNM | PNM Resources | - | - | 6.54% | Buy |
| D | Dominion Energy | - | - | 5.85% | Hold |
| AEP | American Electric Power Company | - | - | 2.98% | Hold |
| LNT | Alliant Energy | - | - | 0.09% | Buy |
| EVRG | Evergy | - | - | -0.02% | Buy |
| DUK | Duke Energy | - | - | -0.26% | Buy |
| XEL | Xcel Energy | - | - | -1.89% | Buy |
| EIX | Edison | - | - | -1.97% | Hold |
| CMS | CMS Energy | - | - | -2.91% | Buy |
| CNP | CenterPoint Energy | - | - | -2.91% | Hold |
| PPL | PPL | - | - | -7.00% | Buy |
| SO | Southern Company | - | - | -10.86% | Hold |
| PEG | Public Service Enterprise Group | - | - | -12.02% | Buy |
| ETR | Entergy | - | - | -15.48% | Buy |
| PNW | Pinnacle West Capital | - | - | -15.59% | Buy |