PPL (PPL) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

PPL Stock Forecast

PPL stock forecast is as follows: an average price target of $32.04 (represents a -6.51% downside from PPL’s last price of $34.27) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

PPL Price Target

The average price target for PPL (PPL) is $32.04 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $39.00 to $28.50. This represents a potential -6.51% downside from PPL's last price of $34.27.

PPL Analyst Ratings

Buy

According to 10 Wall Street analysts, PPL's rating consensus is 'Buy'. The analyst rating breakdown for PPL stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 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
Oct 21, 2024	Paul Zimbardo	Jefferies	$39.00	$32.66	19.41%	13.80%
Sep 19, 2024	Paul Zimbardo	Jefferies	$38.00	$31.79	19.53%	10.88%
Aug 29, 2024	Paul Cole	Bank of America Securities	$34.00	$31.34	8.50%	-0.79%
Jun 10, 2024	Jacob Kilstein	Argus Research	$33.00	$28.18	17.10%	-3.71%
May 28, 2024	David Arcaro	Morgan Stanley	$32.00	$28.64	11.73%	-6.62%
May 02, 2024	Neil Kalton	Wells Fargo	$32.00	$28.00	14.29%	-6.62%
Mar 08, 2024	Jacob Kilstein	Argus Research	$30.00	$27.18	10.38%	-12.46%
Aug 04, 2023	Angie Storozynski	Seaport Global	$28.50	$26.08	9.28%	-16.84%
Nov 11, 2022	-	Morgan Stanley	$26.00	$27.41	-5.16%	-24.13%
Aug 15, 2022	Paul Zimbardo	Bank of America Securities	$33.00	$30.24	9.13%	-3.71%

Row per page

Go to

The latest PPL stock forecast, released on Oct 21, 2024 by Paul Zimbardo from Jefferies, set a price target of $39.00, which represents a 19.41% increase from the stock price at the time of the forecast ($32.66), and a 13.80% increase from PPL last price ($34.27).

PPL Price Target by Period

	1M	3M	12M
# Anlaysts	1	3	7
Avg Price Target	$39.00	$37.00	$34.00
Last Closing Price	$34.27	$34.27	$34.27
Upside/Downside	13.80%	7.97%	-0.79%

In the current month, the average price target of PPL stock is $39.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.80% increase as opposed to PPL's last price of $34.27. This month's average price target is up 5.41% compared to last quarter, and up 14.71% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 04, 2024	Seaport Global	Buy	Buy	Hold
Nov 04, 2024	Bank of America Securities	Buy	Buy	Hold
Oct 21, 2024	Jefferies	Buy	Buy	Hold
Oct 21, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Sep 25, 2024	Morgan Stanley	Overweight	Overweight	Hold
Sep 19, 2024	Jefferies	-	Buy	Initialise
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

Row per page

Go to

PPL's last stock rating was published by Seaport Global on Nov 04, 2024. The company gave PPL a "Buy" 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	Jun 22	Mar 22	Dec 21	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.03B	$2.04B	$1.82B	$2.42B	$2.29B	$2.13B	$1.70B	$1.78B	$1.49B	$1.51B
Avg Forecast	$2.43B	$2.41B	$2.39B	$2.37B	$2.34B	$2.32B	$2.30B	$2.28B	$2.25B	$2.23B	$2.21B	$2.19B	$2.17B	$1.21B	$1.02B	$1.44B	$2.75B	$2.10B	$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	$2.46B	$2.43B	$2.41B	$2.39B	$2.36B	$2.34B	$2.32B	$2.29B	$2.27B	$2.25B	$2.23B	$2.21B	$2.19B	$1.22B	$1.03B	$1.46B	$2.82B	$2.10B	$1.92B	$2.39B	$2.23B	$1.76B	$1.28B	$2.01B	$1.26B	$1.81B	$1.60B	$1.74B	$2.00B	$1.59B
Low Forecast	$2.41B	$2.39B	$2.37B	$2.35B	$2.32B	$2.30B	$2.28B	$2.26B	$2.23B	$2.21B	$2.19B	$2.17B	$2.15B	$1.20B	$1.01B	$1.43B	$2.69B	$2.09B	$1.92B	$2.39B	$1.58B	$1.73B	$1.26B	$1.98B	$1.23B	$1.81B	$1.60B	$1.74B	$2.00B	$1.59B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.07%	1.17%	1.44%	1.21%	1.84%	1.18%	1.06%	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 $2.39B, and a high forecast of $2.39B. 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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$390.00M	$437.00M	$305.00M	$858.00M	$663.00M	$671.00M	$562.00M	$732.00M	$571.00M	$705.00M
Avg Forecast	$1.01B	$1.00B	$994.92M	$985.35M	$975.88M	$966.49M	$957.19M	$947.98M	$938.87M	$929.84M	$920.89M	$912.03M	$903.26M	$502.54M	$425.47M	$601.68M	$1.15B	$873.85M	$799.01M	$840.30M	$790.76M	$725.57M	$528.10M	$763.91M	$795.59M	$767.26M	$675.91M	$694.46M	$845.99M	$674.67M
High Forecast	$1.02B	$1.01B	$1.00B	$993.71M	$984.15M	$974.68M	$965.31M	$956.02M	$946.83M	$937.72M	$928.70M	$919.77M	$910.92M	$506.80M	$429.08M	$609.14M	$1.17B	$875.46M	$799.01M	$1.01B	$927.62M	$731.73M	$532.58M	$916.69M	$954.71M	$767.26M	$675.91M	$833.35M	$845.99M	$674.67M
Low Forecast	$1.01B	$996.07M	$986.49M	$977.00M	$967.60M	$958.29M	$949.08M	$939.95M	$930.91M	$921.95M	$913.08M	$904.30M	$895.60M	$498.27M	$421.86M	$594.22M	$1.12B	$872.25M	$799.01M	$672.24M	$657.70M	$719.42M	$523.62M	$611.13M	$636.47M	$767.26M	$675.91M	$555.57M	$845.99M	$674.67M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.49%	0.60%	0.58%	1.12%	0.83%	0.87%	0.83%	1.05%	0.67%	1.04%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$113.00M	$230.00M	$112.00M	$285.00M	$148.00M	$174.00M	$119.00M	$273.00M	$142.00M	$207.00M
Avg Forecast	$373.90M	$417.56M	$377.83M	$536.84M	$362.76M	$373.00M	$339.36M	$489.52M	$332.61M	$346.59M	$316.14M	$454.38M	$311.80M	$330.53M	$276.76M	$400.55M	$272.77M	$310.45M	$243.18M	$313.39M	$281.48M	$311.09M	$236.21M	$284.90M	$186.71M	$309.30M	$218.91M	$259.00M	$238.30M	$283.13M
High Forecast	$378.03M	$422.16M	$381.99M	$542.76M	$366.76M	$377.12M	$343.11M	$494.92M	$336.28M	$350.41M	$319.62M	$459.39M	$315.24M	$334.18M	$279.81M	$408.11M	$293.23M	$322.09M	$243.32M	$376.07M	$284.58M	$340.03M	$238.82M	$341.88M	$224.05M	$309.30M	$218.91M	$310.80M	$238.30M	$283.13M
Low Forecast	$369.78M	$412.96M	$373.66M	$530.92M	$358.76M	$368.89M	$335.62M	$484.13M	$328.94M	$342.77M	$312.65M	$449.37M	$308.36M	$326.89M	$273.71M	$393.00M	$252.31M	$298.81M	$243.05M	$250.71M	$278.37M	$274.92M	$233.61M	$227.92M	$149.37M	$309.30M	$218.91M	$207.20M	$238.30M	$283.13M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.40%	0.74%	0.47%	1.00%	0.79%	0.56%	0.54%	1.05%	0.60%	0.73%

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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-6.38M	$-6.32M	$-6.26M	$-6.20M	$-6.14M	$-6.08M	$-6.02M	$-5.96M	$-5.90M	$-5.85M	$-5.79M	$-5.74M	$-5.68M	$-3.16M	$-2.68M	$-3.78M	$-7.21M	$-5.50M	$-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	$-6.32M	$-6.26M	$-6.20M	$-6.14M	$-6.09M	$-6.03M	$-5.97M	$-5.91M	$-5.85M	$-5.80M	$-5.74M	$-5.69M	$-5.63M	$-3.13M	$-2.65M	$-3.74M	$-7.05M	$-5.49M	$-5.02M	$-6.26M	$-4.14M	$-4.52M	$-3.29M	$-5.18M	$-3.23M	$-4.75M	$-4.19M	$-4.55M	$-5.24M	$-4.18M
Low Forecast	$-6.43M	$-6.37M	$-6.31M	$-6.25M	$-6.19M	$-6.13M	$-6.07M	$-6.01M	$-5.95M	$-5.90M	$-5.84M	$-5.78M	$-5.73M	$-3.19M	$-2.70M	$-3.83M	$-7.38M	$-5.51M	$-5.02M	$-6.26M	$-5.83M	$-4.60M	$-3.35M	$-5.26M	$-3.29M	$-4.75M	$-4.19M	$-4.55M	$-5.24M	$-4.18M
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	Jun 22	Mar 22	Dec 21	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.31	$0.15	$0.39	$0.20	$0.24	$0.16	$0.37	$0.19	$0.27
Avg Forecast	$0.51	$0.56	$0.51	$0.73	$0.49	$0.50	$0.46	$0.66	$0.45	$0.47	$0.43	$0.61	$0.42	$0.45	$0.37	$0.54	$0.37	$0.42	$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	$0.51	$0.57	$0.52	$0.73	$0.50	$0.51	$0.46	$0.67	$0.45	$0.47	$0.43	$0.62	$0.43	$0.45	$0.38	$0.55	$0.40	$0.44	$0.33	$0.50	$0.38	$0.46	$0.32	$0.46	$0.28	$0.42	$0.30	$0.40	$0.32	$0.38
Low Forecast	$0.50	$0.56	$0.50	$0.72	$0.48	$0.50	$0.45	$0.65	$0.44	$0.46	$0.42	$0.61	$0.42	$0.44	$0.37	$0.53	$0.34	$0.40	$0.33	$0.50	$0.38	$0.37	$0.32	$0.45	$0.28	$0.42	$0.30	$0.40	$0.32	$0.38
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.74%	0.47%	0.86%	0.71%	0.57%	0.54%	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 $0.50 and a high estimate of $0.50. 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	$38.73	$46.45	19.93%	Buy
FE	FirstEnergy	$41.73	$46.80	12.15%	Hold
AEP	American Electric Power Company	$96.80	$100.50	3.82%	Hold
PPL	PPL	$34.27	$32.04	-6.51%	Buy
PEG	Public Service Enterprise Group	$90.49	$81.29	-10.17%	Buy
SO	Southern Company	$87.97	$78.09	-11.23%	Hold

PPL Forecast FAQ

Is PPL a good buy?

Yes, according to 10 Wall Street analysts, PPL (PPL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of PPL's total ratings.

What is PPL's price target?

PPL (PPL) average price target is $32.04 with a range of $28.5 to $39, implying a -6.51% from its last price of $34.27. The data is based on 10 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 -6.51% (from the last price of $34.27 to the average price target of $32.04), up by 13.80% based on the highest stock price target, and down by -16.84% based on the lowest stock price target.

Can PPL stock reach $50?

PPL's average twelve months analyst stock price target of $32.04 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 $39 price target for PPL (PPL) this month, up 13.80% from its last price of $34.27. Compared to the last 3 and 12 months, the average price target increased by 7.97% and decreased by -0.79%, 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 $9.24B (high $9.31B, low $9.16B), average EBITDA is $3.85B (high $3.88B, low $3.81B), average net income is $1.56B (high $1.58B, low $1.55B), average SG&A $-24.196M (high $-23.991M, low $-24.402M), and average EPS is $2.11 (high $2.14, low $2.09). PPL's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $9.6B (high $9.68B, low $9.52B), average EBITDA is $4B (high $4.03B, low $3.97B), average net income is $1.71B (high $1.72B, low $1.69B), average SG&A $-25.15M (high $-24.937M, low $-25.363M), and average EPS is $2.31 (high $2.33, low $2.28).

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 $2.81B by -41.96%. The company's net income was $740M, missing the average estimation of $1.11B by -33.55%. 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 $790.76M by -50.68%. PPL's net income was $113M, missing the average estimation of $281.48M by -59.85%. 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%