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Public Service Enterprise Group (PEG) Stock Forecast & Price Target

Public Service Enterprise Group logo
$83.26 +0.96 (+1.17%)
Closing price 04/1/2025 03:59 PM Eastern
Extended Trading
$83.24 -0.01 (-0.02%)
As of 04/1/2025 05:47 PM Eastern
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Public Service Enterprise Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
7

Based on 13 Wall Street analysts who have issued ratings for Public Service Enterprise Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 6 have given a hold rating, and 7 have given a buy rating for PEG.

Consensus Price Target

$89.65
7.68% Upside
According to the 13 analysts' twelve-month price targets for Public Service Enterprise Group, the average price target is $89.65. The highest price target for PEG is $100.00, while the lowest price target for PEG is $80.00. The average price target represents a forecasted upside of 7.68% from the current price of $83.26.
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PEG Analyst Ratings Over Time

TypeCurrent Forecast
4/2/24 to 4/2/25
1 Month Ago
3/3/24 to 3/3/25
3 Months Ago
1/3/24 to 1/2/25
1 Year Ago
4/3/23 to 4/2/24
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$89.65$89.83$89.17$66.38
Forecasted Upside7.68% Upside9.83% Upside4.78% Upside-0.07% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
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PEG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PEG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Public Service Enterprise Group Stock vs. The Competition

TypePublic Service Enterprise GroupUtilities CompaniesS&P 500
Consensus Rating Score
2.54
2.55
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside7.68% Upside23.21% Upside19.03% Upside
News Sentiment Rating
Very Positive News

See Recent PEG News
Positive News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/20/2025Morgan Stanley
3 of 5 stars
David Arcaro
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Boost TargetOverweight ➝ Overweight$96.00 ➝ $100.00+20.13%
3/19/2025LADENBURG THALM/SH SH
4 of 5 stars
Paul Fremont
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DowngradeBuy ➝ Neutral$82.50+0.41%
3/3/2025Bank of America
3 of 5 stars
Julien Dumoulin-Smith
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Lower TargetBuy ➝ Buy$95.00 ➝ $92.00+13.45%
2/26/2025Guggenheim
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Shahriar Pourreza
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Reiterated RatingBuy ➝ Buy$98.00 ➝ $98.00+16.47%
2/26/2025BMO Capital Markets
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James Thalacker
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Boost TargetMarket Perform ➝ Market Perform$85.00 ➝ $86.00+2.11%
2/26/2025Wells Fargo & Company
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Neil Kalton
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Lower TargetOverweight ➝ Overweight$100.00 ➝ $95.00+14.14%
1/27/2025Barclays
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Nicholas Campanella
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DowngradeOverweight ➝ Equal Weight$88.00 ➝ $84.00-4.59%
12/12/2024Scotiabank
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 Boost TargetSector Perform ➝ Sector Perform$73.00 ➝ $86.00-0.74%
10/30/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$94.00 ➝ $98.00+10.75%
10/8/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$92.00 ➝ $95.00+4.02%
9/13/2024Jefferies Financial Group
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 Initiated CoverageHold$85.00+2.03%
7/15/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$80.00 ➝ $84.00+12.28%
5/23/2024Mizuho
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 Boost TargetBuy ➝ Buy$65.00 ➝ $80.00+7.63%
12/1/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$68.00 ➝ $70.00+10.83%
6/7/2023The Goldman Sachs Group
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 Initiated CoverageNeutral$64.00+2.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:38 AM ET.


Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, March 28, 2025. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com.

Public Service Enterprise Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated:

  • The company has recently increased its quarterly dividend from $0.60 to $0.63, reflecting a commitment to returning value to shareholders. This increase represents an annualized dividend of $2.52, providing a yield of 3.12%, which can be attractive for income-focused investors.
  • Equities analysts predict that Public Service Enterprise Group Incorporated will post earnings per share (EPS) of 3.67 for the current fiscal year, indicating potential growth in profitability, which can lead to higher stock prices.
  • The stock is currently rated as a "Moderate Buy" by analysts, with a consensus target price of $89.65, suggesting that there is room for price appreciation from its current levels.
  • Recent analyst upgrades, including a price target increase from Morgan Stanley from $96.00 to $100.00, indicate positive sentiment and confidence in the company's future performance.
  • Public Service Enterprise Group Incorporated operates in the essential electric and gas utility sector, which tends to be more stable and less volatile compared to other industries, providing a safer investment environment.

Public Service Enterprise Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons:

  • The company's quarterly revenue was down 5.4% year-over-year, which may raise concerns about its ability to grow and maintain profitability in a competitive market.
  • Insider selling activity, such as the CEO selling 1,378 shares, could signal a lack of confidence in the company's short-term performance, which may deter potential investors.
  • Despite the recent dividend increase, the company's payout ratio is currently at 71.19%, which may indicate that a significant portion of earnings is being distributed to shareholders, potentially limiting funds available for reinvestment in growth opportunities.
  • Some analysts have downgraded their ratings, such as LADENBURG THALM/SH SH moving from a "buy" to a "neutral" rating, which could reflect concerns about the company's future performance.
  • The overall economic environment and regulatory changes in the utility sector can pose risks to the company's operations and profitability, making it a less attractive investment in uncertain times.

PEG Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Public Service Enterprise Group is $89.65, with a high forecast of $100.00 and a low forecast of $80.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PEG shares.

According to analysts, Public Service Enterprise Group's stock has a predicted upside of 7.68% based on their 12-month stock forecasts.

Over the previous 90 days, Public Service Enterprise Group's stock had 2 downgrades by analysts.

Public Service Enterprise Group has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Guggenheim, LADENBURG THALM/SH SH, Morgan Stanley, and Wells Fargo & Company in the past 90 days.

Analysts like Public Service Enterprise Group less than other "utilities" companies. The consensus rating score for Public Service Enterprise Group is 2.54 while the average consensus rating score for "utilities" companies is 2.55. Learn more on how PEG compares to other companies.


This page (NYSE:PEG) was last updated on 4/2/2025 by MarketBeat.com Staff
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