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


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WEC Stock Forecast


WEC Energy Group (WEC) stock forecast, based on 27 Wall Street analysts, predicts a 12-month average price target of $108.00, with a high of $108.00 and a low of $108.00. This represents a -0.36% decline from the last price of $108.39.

$75 $82 $89 $96 $103 $110 High: $108 Avg: $108 Low: $108 Last Closed Price: $108.39

WEC Stock Rating


WEC Energy Group stock's rating consensus is Hold, based on 27 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (33.33%), 17 Hold (62.96%), 0 Sell (0.00%), and 1 Strong Sell (3.70%).

Hold
Total 27 1 17 9 Strong Sell Sell Hold Buy Strong Buy

WEC Price Target Upside V Benchmarks


TypeNameUpside
StockWEC Energy Group-0.36%
SectorUtilities Stocks11.76%

Price Target Trends


1M3M12M
# Anlaysts--6
Avg Price Target--$91.67
Last Closing Price$108.39$108.39$108.39
Upside/Downside---15.43%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252411-118
Mar, 252411-118
Feb, 252411-118
Jan, 252412-220
Dec, 242411-320
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%-0.36%
Aug 23, 2024James ThalackerBMO Capital$93.00$92.960.04%-14.20%
Aug 06, 2024Nicholas CampanellaBarclays$86.00$88.19-2.48%-20.66%
Jul 22, 2024James ThalackerBMO Capital$87.00$81.636.58%-19.73%
Jul 22, 2024Nicholas CampanellaBarclays$80.00$81.55-1.90%-26.19%
Apr 19, 2024Sophie KarpKeyBanc$96.00$80.4419.34%-11.43%
Sep 27, 2023Shelby TuckerRBC Capital$95.00$80.5717.91%-12.35%
May 18, 2023Anthony CrowdellMizuho Securities$98.00$89.279.78%-9.59%
Feb 03, 2023Wells Fargo$106.00$92.8514.16%-2.21%
Dec 05, 2022BMO Capital$100.00$96.064.10%-7.74%
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$4.46$4.22$4.81----
Avg Forecast$3.76$4.07$4.40$4.61$4.85$5.23$5.59$5.98$6.38
High Forecast$3.88$4.20$4.54$4.76$4.89$5.27$5.67$6.23$6.58
Low Forecast$3.63$3.93$4.20$4.59$4.80$5.20$5.55$5.89$6.12
Surprise %1.06%1.23%1.36%-8.46%-0.82%----

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$8.60B----
Avg Forecast$7.52B$7.81B$8.91B$9.39B$8.97B$9.44B$9.87B$10.33B$10.90B
High Forecast$7.69B$7.99B$9.13B$9.42B$9.10B$9.61B$9.95B$10.50B$11.16B
Low Forecast$7.32B$7.60B$8.60B$9.36B$8.79B$9.22B$9.80B$10.16B$10.57B
Surprise %-3.72%6.47%7.76%-5.25%-4.13%----

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$1.52B----
Avg Forecast$1.10B$1.18B$1.32B$1.33B$1.53B$1.65B$1.77B$1.91B$2.01B
High Forecast$1.32B$1.42B$1.58B$1.60B$1.55B$1.66B$1.79B$1.97B$2.08B
Low Forecast$880.62M$943.68M$1.06B$1.07B$1.52B$1.64B$1.75B$1.86B$1.93B
Surprise %9.11%10.33%6.71%0.09%-0.50%----

WEC Forecast FAQ


Is WEC Energy Group stock a buy?

WEC Energy Group stock has a consensus rating of Hold, based on 27 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 17 Hold, 0 Sell, and 1 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 27 Wall Street analysts, averages $108 over the next 12 months. The price target range spans from $108 at the low end to $108 at the high end, suggesting a potential -0.36% change from the previous closing price of $108.39.

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

WEC Energy Group's stock forecast shows a -0.36% downside, underperforming the average forecast for the utilities stocks sector (11.76%).

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

  • April 2025: 11.11% Strong Buy, 22.22% Buy, 61.11% Hold, 0% Sell, 5.56% Strong Sell.
  • March 2025: 11.11% Strong Buy, 22.22% Buy, 61.11% Hold, 0% Sell, 5.56% Strong Sell.
  • February 2025: 11.11% Strong Buy, 22.22% Buy, 61.11% Hold, 0% Sell, 5.56% 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 2025 is $5.23, marking a 8.73% increase from the reported $4.81 in 2024. Estimates for the following years are $5.59 in 2026, $5.98 in 2027, and $6.38 in 2028.

What is WEC Energy Group’s revenue forecast?

WEC Energy Group's average annual revenue forecast for its fiscal year ending in December 2025 is $9.44B, reflecting a 9.74% increase from the reported $8.6B in 2024. The forecast for 2026 is $9.87B, followed by $10.33B for 2027, and $10.9B for 2028.

What is WEC Energy Group’s net income forecast?

WEC Energy Group's net income forecast for the fiscal year ending in December 2025 stands at $1.65B, representing an 8.46% increase from the reported $1.52B in 2024. Projections indicate $1.77B in 2026, $1.91B in 2027, and $2.01B in 2028.