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WEC Energy Group (WEC) Stock Forecast, Price Target & Predictions

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WEC Stock Forecast

WEC Energy Group (WEC) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $95.67, with a high of $108.00 and a low of $86.00. This represents a -3.58% decline from the last price of $99.22.

$75 $82 $89 $96 $103 $110 High: $108 Avg: $95.67 Low: $86 Last Closed Price: $99.22

WEC Stock Rating

WEC Energy Group stock's rating consensus is Hold, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (36.36%), 6 Hold (54.55%), 1 Sell (9.09%), and 0 Strong Sell (0.00%).

Hold
Total 11 0 1 6 4 Strong Sell Sell Hold Buy Strong Buy

WEC Price Target Upside V Benchmarks

TypeNameUpside
StockWEC Energy Group-3.58%
SectorUtilities Stocks9.03%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$91.67
Last Closing Price$99.22$99.22$99.22
Upside/Downside---7.61%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 252411-118
Jan, 252412-220
Dec, 242411-320
Nov, 2433111321
Oct, 2434113324
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Sophie KarpKeyBanc$108.00$98.989.11%8.85%
Aug 23, 2024James ThalackerBMO Capital$93.00$92.960.04%-6.27%
Aug 06, 2024Nicholas CampanellaBarclays$86.00$88.19-2.48%-13.32%
Jul 22, 2024James ThalackerBMO Capital$87.00$81.636.58%-12.32%
Jul 22, 2024Nicholas CampanellaBarclays$80.00$81.55-1.90%-19.37%
Apr 19, 2024Sophie KarpKeyBanc$96.00$80.4419.34%-3.25%
Sep 27, 2023Shelby TuckerRBC Capital$95.00$80.5717.91%-4.25%
May 18, 2023Anthony CrowdellMizuho Securities$98.00$89.279.78%-1.23%
Feb 03, 2023Wells Fargo$106.00$92.8514.16%6.83%
Dec 05, 2022BMO Capital$100.00$96.064.10%0.79%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024KeyBancOverweightOverweighthold
Oct 16, 2024Wells FargoOverweightOverweighthold
Oct 07, 2024BarclaysUnderweightUnderweighthold
Sep 19, 2024JefferiesHoldinitialise
Sep 16, 2024KeyBancOverweightOverweighthold
Aug 23, 2024BMO CapitalMarket PerformMarket Performhold
Aug 20, 2024ScotiabankOutperformOutperformhold
Aug 06, 2024BarclaysUnderweightUnderweighthold
Aug 01, 2024Wells FargoOverweightOverweighthold
Jul 22, 2024BMO CapitalMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.80$4.12$4.47$4.22-----
Avg Forecast$3.76$4.07$4.40$4.61$4.85$5.23$5.59$5.98$6.38
High Forecast$3.63$3.93$4.20$4.59$4.80$5.20$5.55$5.89$6.12
Low Forecast$3.88$4.20$4.54$4.76$4.89$5.27$5.67$6.23$6.58
Surprise %1.06%1.23%1.59%-8.46%-----

Revenue Forecast

$7B $8B $9B $10B $11B $12B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$7.24B$8.32B$9.60B$8.89B-----
Avg Forecast$7.52B$7.81B$8.91B$9.39B$8.97B$9.44B$9.87B$10.33B$10.90B
High Forecast$7.32B$7.60B$8.60B$9.36B$8.79B$9.22B$9.80B$10.16B$10.57B
Low Forecast$7.69B$7.99B$9.13B$9.42B$9.10B$9.61B$9.95B$10.50B$11.16B
Surprise %-3.72%6.47%7.76%-5.25%-----

Net Income Forecast

$500M $900M $1B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.20B$1.30B$1.41B$1.33B-----
Avg Forecast$1.10B$1.18B$1.32B$1.33B$1.53B$1.65B$1.77B$1.91B$2.01B
High Forecast$880.62M$943.68M$1.06B$1.07B$1.52B$1.64B$1.75B$1.86B$1.93B
Low Forecast$1.32B$1.42B$1.58B$1.60B$1.55B$1.66B$1.79B$1.97B$2.08B
Surprise %9.11%10.33%6.62%------

WEC Forecast FAQ

Is WEC Energy Group stock a buy?

WEC Energy Group stock has a consensus rating of Hold, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 6 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that WEC Energy Group is a neutral investment for most analysts.

What is WEC Energy Group's price target?

WEC Energy Group's price target, set by 11 Wall Street analysts, averages $95.67 over the next 12 months. The price target range spans from $86 at the low end to $108 at the high end, suggesting a potential -3.58% change from the previous closing price of $99.22.

How does WEC Energy Group stock forecast compare to its benchmarks?

WEC Energy Group's stock forecast shows a -3.58% downside, underperforming the average forecast for the utilities stocks sector (9.03%).

What is the breakdown of analyst ratings for WEC Energy Group over the past three months?

  • February 2025: 11.11% Strong Buy, 22.22% Buy, 61.11% Hold, 0% Sell, 5.56% Strong Sell.
  • January 2025: 10.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 10.00% Strong Sell.
  • December 2024: 10.00% Strong Buy, 20.00% Buy, 55.00% Hold, 0% Sell, 15.00% Strong Sell.

What is WEC Energy Group’s EPS forecast?

WEC Energy Group's average annual EPS forecast for its fiscal year ending in December is $4.85 for 2024, a 14.93% increase from the reported $4.22 in 2023. The prediction for 2025 is $5.23, $5.59 for 2026, $5.98 for 2027, and $6.38 for 2028.

What is WEC Energy Group’s revenue forecast?

WEC Energy Group's average annual revenue forecast for its fiscal year ending in December is $8.97B for 2024, a 0.87% increase from the reported $8.89B in 2023. The forecast for 2025 is $9.44B, $9.87B for 2026, $10.33B for 2027, and $10.9B for 2028.

What is WEC Energy Group’s net income forecast?

For its fiscal year ending in December, WEC Energy Group's average annual net income forecast is $1.53B for 2024, reflecting an 15.03% increase from the reported $1.33B in 2023. The projection for 2025 is $1.65B, $1.77B for 2026, $1.91B for 2027, and $2.01B for 2028.