FirstEnergy (FE) Stock Forecast & Price Target

$39.92 -0.16 (-0.39%)

As of 01/17/2025 03:59 PM Eastern

FirstEnergy - 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

Hold

Based on 12 Analyst Ratings

Sell
1

Hold
6

Buy
5

Based on 12 Wall Street analysts who have issued ratings for FirstEnergy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 6 have given a hold rating, and 5 have given a buy rating for FE.

Consensus Price Target

$46.27
15.90% Upside

According to the 12 analysts' twelve-month price targets for FirstEnergy, the average price target is $46.27. The highest price target for FE is $50.00, while the lowest price target for FE is $41.00. The average price target represents a forecasted upside of 15.90% from the current price of $39.92.

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FE Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$46.27	$46.27	$46.00	$39.67
Forecasted Upside	15.90% Upside	16.29% Upside	4.93% Upside	7.18% Upside
Consensus Rating	Hold	Hold	Hold	Hold

FE 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.

FE 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.

FirstEnergy Stock vs. The Competition

Type	FirstEnergy	Utilities Companies	S&P 500
Consensus Rating Score	2.33	2.53	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	15.90% Upside	26.86% Upside	12.44% Upside
News Sentiment Rating	Neutral News See Recent FE News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/12/2024	Scotiabank 5 of 5 stars	A. Weisel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Sector Outperform	$45.00 ➝ $50.00	+24.63%
12/4/2024	KeyCorp 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$48.00 ➝ $47.00	+13.42%
11/22/2024	Morgan Stanley 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$52.00 ➝ $50.00	+18.93%
10/31/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Storozynski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/18/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$45.00 ➝ $46.00	+5.29%
10/14/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$46.00	+7.70%
10/7/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$40.00 ➝ $46.00	+7.35%
9/20/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Ferguson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$50.00	+15.67%
8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$42.00 ➝ $43.00	-1.29%
8/1/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$42.00 ➝ $45.00	+7.40%
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6/3/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$38.00 ➝ $41.00	+1.84%
4/10/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$45.00	+16.97%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$44.00 ➝ $38.00	+10.50%
9/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$44.00 ➝ $41.00	+17.58%
8/7/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$45.00 ➝ $40.00	+10.19%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:15 PM ET.

Should I Buy FirstEnergy Stock? FE 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 Monday, January 20, 2025. Please send any questions or comments about these FirstEnergy pros and cons to contact@marketbeat.com.

FirstEnergy
Bull Case

Here are some ways that investors could benefit from investing in FirstEnergy Corp.:

FirstEnergy Corp. recently announced a quarterly dividend of $0.425 per share, which translates to an annualized dividend of $1.70 and a yield of approximately 4.24%. This consistent dividend payment can provide a steady income stream for investors.
The stock is currently trading at $40.08, which is relatively close to its 52-week high of $44.97. This suggests potential for price appreciation, especially if market conditions improve.
Despite missing earnings expectations recently, FirstEnergy Corp. reported a year-over-year revenue increase of 6.9%, indicating growth in its operations and resilience in its business model.
Analysts have a consensus target price of $46.27 for the stock, which is higher than the current trading price, suggesting potential upside for investors.
FirstEnergy Corp. has a stable market capitalization of approximately $23.10 billion, which reflects its established presence in the utilities sector and can provide a sense of security for investors.

FirstEnergy
Bear Case

Investors should be bearish about investing in FirstEnergy Corp. for these reasons:

The company has a high dividend payout ratio of 109.68%, which means it is paying out more in dividends than it earns. This could raise concerns about the sustainability of future dividend payments.
FirstEnergy Corp. has a debt-to-equity ratio of 1.58, indicating that it relies significantly on debt to finance its operations. High levels of debt can pose risks, especially in a rising interest rate environment.
Recent analyst ratings show a mixed outlook, with one sell rating, seven hold ratings, and only five buy ratings, suggesting uncertainty among analysts regarding the stock's future performance.
The company reported earnings per share (EPS) of $0.85, which was below the consensus estimate of $0.90, indicating potential challenges in meeting market expectations.
FirstEnergy Corp.'s current ratio of 0.56 and quick ratio of 0.46 suggest potential liquidity issues, as these ratios indicate that the company may struggle to cover its short-term liabilities with its current assets.

FE Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for FirstEnergy is $46.27, with a high forecast of $50.00 and a low forecast of $41.00.
: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FirstEnergy in the last twelve months. There is currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FE, but not buy additional shares or sell existing shares.
: According to analysts, FirstEnergy's stock has a predicted upside of 15.90% based on their 12-month stock forecasts.
: Over the previous 90 days, FirstEnergy's stock had 1 upgrade and 1 downgrade by analysts.
: FirstEnergy has been rated by research analysts at KeyCorp, Morgan Stanley, Scotiabank, and Seaport Res Ptn in the past 90 days.
: Analysts like FirstEnergy less than other "utilities" companies. The consensus rating for FirstEnergy is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how FE compares to other companies.

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This page (NYSE:FE) was last updated on 1/20/2025 by MarketBeat.com Staff

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FirstEnergy (FE) Stock Forecast & Price Target