PPL (PPL) Stock Forecast, Price Target & Predictions
PPL Stock Forecast
PPL stock forecast is as follows: an average price target of $31.41 (represents a -3.06% downside from PPL’s last price of $32.40) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
PPL Price Target
The average price target for PPL (PPL) is $31.41 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $28.50. This represents a potential -3.06% downside from PPL's last price of $32.40.
PPL Analyst Ratings
According to 8 Wall Street analysts, PPL's rating consensus is 'Buy'. The analyst rating breakdown for PPL stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PPL Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 29, 2024 | Paul Cole | Bank of America Securities | $34.00 | $31.34 | 8.50% | 4.94% |
| Jun 10, 2024 | Jacob Kilstein | Argus Research | $33.00 | $28.18 | 17.10% | 1.85% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $32.00 | $28.64 | 11.73% | -1.23% |
| May 02, 2024 | Neil Kalton | Wells Fargo | $32.00 | $28.00 | 14.29% | -1.23% |
| Mar 08, 2024 | Jacob Kilstein | Argus Research | $30.00 | $27.18 | 10.38% | -7.41% |
| Aug 04, 2023 | Angie Storozynski | Seaport Global | $28.50 | $26.08 | 9.28% | -12.04% |
| Nov 11, 2022 | - | Morgan Stanley | $26.00 | $27.41 | -5.16% | -19.75% |
| Aug 15, 2022 | Paul Zimbardo | Bank of America Securities | $33.00 | $30.24 | 9.13% | 1.85% |
| Jul 26, 2022 | Anthony Crowdell | Mizuho Securities | $29.00 | $27.85 | 4.13% | -10.49% |
| Jul 07, 2022 | Greg Gordon | Evercore ISI | $30.00 | $27.05 | 10.91% | -7.41% |
The latest PPL stock forecast, released on Aug 29, 2024 by Paul Cole from Bank of America Securities, set a price target of $34.00, which represents a 8.50% increase from the stock price at the time of the forecast ($31.34), and a 4.94% increase from PPL last price ($32.40).
PPL Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 5 |
| Avg Price Target | $34.00 | $34.00 | $32.20 |
| Last Closing Price | $32.40 | $32.40 | $32.40 |
| Upside/Downside | 4.94% | 4.94% | -0.62% |
In the current month, the average price target of PPL stock is $34.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.94% increase as opposed to PPL's last price of $32.40. This month's average price target is down 0.00% compared to last quarter, and up 5.59% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 02, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Dec 15, 2022 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Nov 11, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 06, 2022 | Seaport Global | - | Buy | Upgrade |
| Aug 15, 2022 | Bank of America Securities | - | Positive | Upgrade |
| Aug 15, 2022 | Bank of America Securities | - | Buy | Upgrade |
| Jul 07, 2022 | Evercore ISI | - | Outperform | Upgrade |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
PPL's last stock rating was published by Morgan Stanley on Aug 23, 2024. The company gave PPL a "Overweight" rating, the same as its previous rate.
PPL Financial Forecast
PPL 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.03B | $2.04B | $1.82B | $2.42B | $2.29B | $2.13B | - | $1.78B | $1.49B | $1.51B |
| Avg Forecast | $2.24B | $2.22B | $2.20B | $2.17B | $2.15B | $2.13B | $2.11B | $2.09B | $2.07B | $2.05B | $2.03B | $2.01B | $1.99B | $1.97B | $1.95B | $2.30B | $2.01B | $2.11B | $1.92B | $2.39B | $1.90B | $1.74B | $1.27B | $1.99B | $1.24B | $1.81B | $1.60B | $1.74B | $2.00B | $1.59B |
| High Forecast | $2.58B | $2.56B | $2.53B | $2.51B | $2.48B | $2.46B | $2.43B | $2.41B | $2.39B | $2.37B | $2.34B | $2.32B | $2.30B | $2.28B | $2.25B | $2.65B | $2.32B | $2.43B | $2.21B | $2.75B | $2.23B | $2.01B | $1.46B | $2.30B | $1.43B | $2.09B | $1.60B | $1.98B | $2.28B | $1.82B |
| Low Forecast | $1.90B | $1.88B | $1.86B | $1.84B | $1.82B | $1.81B | $1.79B | $1.77B | $1.76B | $1.74B | $1.72B | $1.71B | $1.69B | $1.67B | $1.65B | $1.94B | $1.70B | $1.78B | $1.63B | $2.02B | $1.58B | $1.48B | $1.07B | $1.69B | $1.05B | $1.54B | $1.60B | $1.58B | $1.81B | $1.45B |
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.17% | 1.44% | 1.21% | 1.84% | 1.18% | - | 1.03% | 0.74% | 0.95% |
PPL's average Quarter revenue forecast for Mar 24 based on 1 analysts is $2.39B, with a low forecast of $2.02B, and a high forecast of $2.75B. PPL's average Quarter revenue forecast represents a 17.59% increase compared to the company's last Quarter revenue of $2.03B (Dec 23).
PPL 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $390.00M | $437.00M | $305.00M | $858.00M | $663.00M | $671.00M | - | $732.00M | $571.00M | $705.00M |
| Avg Forecast | $946.84M | $937.73M | $928.71M | $919.78M | $910.93M | $902.17M | $893.49M | $884.90M | $876.39M | $867.96M | $859.61M | $851.34M | $843.15M | $835.04M | $826.15M | $970.80M | $850.57M | $890.57M | $811.31M | $840.30M | $802.94M | $736.75M | $536.24M | $763.91M | $526.55M | $796.46M | $675.91M | $694.46M | $723.27M | $724.05M |
| High Forecast | $1.09B | $1.08B | $1.07B | $1.06B | $1.05B | $1.04B | $1.03B | $1.02B | $1.01B | $1.00B | $990.82M | $981.29M | $971.85M | $962.50M | $952.25M | $1.12B | $980.40M | $1.03B | $935.15M | $1.01B | $941.91M | $849.20M | $618.09M | $916.69M | $606.93M | $955.75M | $675.91M | $833.35M | $867.92M | $868.86M |
| Low Forecast | $802.32M | $794.60M | $786.96M | $779.39M | $771.89M | $764.47M | $757.11M | $749.83M | $742.62M | $735.47M | $728.40M | $721.39M | $714.46M | $707.58M | $700.05M | $822.62M | $720.74M | $754.63M | $687.47M | $672.24M | $667.83M | $624.29M | $454.38M | $611.13M | $446.18M | $637.17M | $675.91M | $555.57M | $578.61M | $579.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.49% | 0.59% | 0.57% | 1.12% | 1.26% | 0.84% | - | 1.05% | 0.79% | 0.97% |
1 analysts predict PPL's average Quarter EBITDA for Mar 24 to be $840.30M, with a high of $1.01B and a low of $672.24M. This is 115.46% upper than PPL's previous annual EBITDA (Dec 23) of $390.00M.
PPL 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $113.00M | $230.00M | $112.00M | $285.00M | $148.00M | $174.00M | - | $273.00M | $142.00M | $207.00M |
| Avg Forecast | $367.56M | $460.23M | $336.58M | $530.19M | $341.46M | $427.62M | $312.76M | $492.55M | $317.49M | $397.52M | $290.80M | $457.94M | $311.04M | $366.33M | $267.43M | $379.02M | $266.04M | $332.43M | $243.05M | $313.39M | $281.32M | $310.92M | $236.08M | $284.90M | $207.07M | $233.85M | $218.69M | $259.00M | $169.73M | $212.59M |
| High Forecast | $440.50M | $551.55M | $403.37M | $635.40M | $409.21M | $512.47M | $374.83M | $590.28M | $380.50M | $476.40M | $348.50M | $548.81M | $372.75M | $439.02M | $320.49M | $454.22M | $318.83M | $356.18M | $291.28M | $376.07M | $337.14M | $339.84M | $282.93M | $341.88M | $248.16M | $280.62M | $218.69M | $310.80M | $203.68M | $255.11M |
| Low Forecast | $294.63M | $368.91M | $269.79M | $424.99M | $273.70M | $342.77M | $250.70M | $394.82M | $254.49M | $318.63M | $233.10M | $367.07M | $249.32M | $293.64M | $214.36M | $303.81M | $213.25M | $316.61M | $194.82M | $250.71M | $225.50M | $274.77M | $189.24M | $227.92M | $165.98M | $187.08M | $218.69M | $207.20M | $135.79M | $170.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 0.74% | 0.47% | 1.00% | 0.71% | 0.74% | - | 1.05% | 0.84% | 0.97% |
PPL's average Quarter net income forecast for Mar 24 is $313.39M, with a range of $250.71M to $376.07M. PPL's average Quarter net income forecast represents a 177.34% increase compared to the company's last Quarter net income of $113.00M (Dec 23).
PPL 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-5.86M | $-5.81M | $-5.75M | $-5.70M | $-5.64M | $-5.59M | $-5.53M | $-5.48M | $-5.43M | $-5.38M | $-5.32M | $-5.27M | $-5.22M | $-5.17M | $-5.12M | $-6.01M | $-5.27M | $-5.52M | $-5.02M | $-6.26M | $-4.97M | $-4.56M | $-3.32M | $-5.22M | $-3.26M | $-4.75M | $-4.19M | $-4.55M | $-5.24M | $-4.18M |
| High Forecast | $-4.97M | $-4.92M | $-4.87M | $-4.83M | $-4.78M | $-4.73M | $-4.69M | $-4.64M | $-4.60M | $-4.56M | $-4.51M | $-4.47M | $-4.42M | $-4.38M | $-4.34M | $-5.09M | $-4.46M | $-4.67M | $-4.26M | $-5.30M | $-4.14M | $-3.87M | $-2.81M | $-4.42M | $-2.76M | $-4.03M | $-4.19M | $-4.13M | $-4.75M | $-3.79M |
| Low Forecast | $-6.76M | $-6.69M | $-6.63M | $-6.57M | $-6.50M | $-6.44M | $-6.38M | $-6.32M | $-6.26M | $-6.20M | $-6.14M | $-6.08M | $-6.02M | $-5.96M | $-5.90M | $-6.93M | $-6.07M | $-6.36M | $-5.79M | $-7.21M | $-5.83M | $-5.26M | $-3.83M | $-6.02M | $-3.76M | $-5.48M | $-4.19M | $-5.19M | $-5.97M | $-4.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
PPL'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 PPL last annual SG&A of $NaN (undefined).
PPL 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $0.15 | $0.39 | $0.20 | $0.24 | - | $0.37 | $0.19 | $0.27 |
| Avg Forecast | $0.50 | $0.62 | $0.46 | $0.72 | $0.46 | $0.58 | $0.42 | $0.67 | $0.43 | $0.54 | $0.39 | $0.62 | $0.42 | $0.50 | $0.36 | $0.51 | $0.36 | $0.45 | $0.33 | $0.50 | $0.38 | $0.42 | $0.32 | $0.45 | $0.28 | $0.42 | $0.30 | $0.40 | $0.32 | $0.38 |
| High Forecast | $0.60 | $0.75 | $0.55 | $0.86 | $0.55 | $0.69 | $0.51 | $0.80 | $0.51 | $0.64 | $0.47 | $0.74 | $0.50 | $0.59 | $0.43 | $0.61 | $0.43 | $0.48 | $0.39 | $0.60 | $0.46 | $0.46 | $0.38 | $0.54 | $0.34 | $0.50 | $0.30 | $0.47 | $0.38 | $0.45 |
| Low Forecast | $0.40 | $0.50 | $0.36 | $0.57 | $0.37 | $0.46 | $0.34 | $0.53 | $0.34 | $0.43 | $0.32 | $0.50 | $0.34 | $0.40 | $0.29 | $0.41 | $0.29 | $0.43 | $0.26 | $0.40 | $0.30 | $0.37 | $0.26 | $0.36 | $0.22 | $0.34 | $0.30 | $0.35 | $0.28 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.74% | 0.47% | 0.86% | 0.71% | 0.57% | - | 0.93% | 0.59% | 0.71% |
According to 1 Wall Street analysts, PPL's projected average Quarter EPS for Mar 24 is $0.50, with a low estimate of $0.40 and a high estimate of $0.60. This represents a 250455.00% increase compared to PPL previous annual EPS of - (Dec 23).
PPL Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXC | Exelon | $40.20 | $46.50 | 15.67% | Buy |
| FE | FirstEnergy | $43.69 | $45.00 | 3.00% | Buy |
| PPL | PPL | $32.40 | $31.41 | -3.06% | Buy |
| AEP | American Electric Power Company | $104.21 | $99.20 | -4.81% | Buy |
| PEG | Public Service Enterprise Group | $84.73 | $78.43 | -7.44% | Buy |
| SO | Southern Company | $89.65 | $76.55 | -14.61% | Buy |
PPL Forecast FAQ
Is PPL a good buy?
Yes, according to 8 Wall Street analysts, PPL (PPL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of PPL's total ratings.
What is PPL's price target?
PPL (PPL) average price target is $31.41 with a range of $28.5 to $34, implying a -3.06% from its last price of $32.4. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PPL stock go up soon?
According to Wall Street analysts' prediction for PPL stock, the company can go down by -3.06% (from the last price of $32.4 to the average price target of $31.41), up by 4.94% based on the highest stock price target, and down by -12.04% based on the lowest stock price target.
Can PPL stock reach $50?
PPL's average twelve months analyst stock price target of $31.41 does not support the claim that PPL can reach $50 in the near future.
What is PPL's current price target trend?
1 Wall Street analyst forecast a $34 price target for PPL (PPL) this month, up 4.94% from its last price of $32.4. Compared to the last 3 and 12 months, the average price target increased by 4.94% and decreased by -0.62%, respectively.
What are PPL's analysts' financial forecasts?
PPL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.49B (high $9.79B, low $7.19B), average EBITDA is $3.59B (high $4.14B, low $3.04B), average net income is $1.57B (high $1.89B, low $1.26B), average SG&A $-22.244M (high $-18.848M, low $-25.639M), and average EPS is $2.13 (high $2.55, low $1.71). PPL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $8.83B (high $10.17B, low $7.48B), average EBITDA is $3.73B (high $4.3B, low $3.16B), average net income is $1.69B (high $2.03B, low $1.36B), average SG&A $-23.121M (high $-19.591M, low $-26.65M), and average EPS is $2.29 (high $2.75, low $1.84).
Did the PPL's actual financial results beat the analysts' financial forecasts?
Based on PPL's last annual report (Dec 2023), the company's revenue was $8.31B, beating the average analysts forecast of $6.9B by 20.46%. Apple's EBITDA was $1.63B, missing the average prediction of $2.84B by -42.60%. The company's net income was $740M, missing the average estimation of $1.11B by -33.53%. Apple's SG&A was $0, missing the average forecast of $-18.077M by -100.00%. Lastly, the company's EPS was $0.001, missing the average prediction of $1.57 by -99.94%. In terms of the last quarterly report (Dec 2023), PPL's revenue was $2.03B, beating the average analysts' forecast of $1.9B by 6.99%. The company's EBITDA was $390M, missing the average prediction of $802.94M by -51.43%. PPL's net income was $113M, missing the average estimation of $281.32M by -59.83%. The company's SG&A was $0, missing the average forecast of $-4.973M by -100.00%. Lastly, the company's EPS was $0.0002, missing the average prediction of $0.38 by -99.95%