PG&E (PCG) Stock Forecast & Price Target

$17.31 +0.30 (+1.76%)

As of 01/21/2025 03:59 PM Eastern

PG&E - 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

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
1

Buy
10

Based on 11 Wall Street analysts who have issued ratings for PG&E in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a hold rating, and 10 have given a buy rating for PCG.

Consensus Price Target

$22.64
30.77% Upside

According to the 11 analysts' twelve-month price targets for PG&E, the average price target is $22.64. The highest price target for PCG is $26.00, while the lowest price target for PCG is $20.00. The average price target represents a forecasted upside of 30.77% from the current price of $17.31.

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PCG Analyst Ratings Over Time

Type	Current Forecast 1/23/24 to 1/22/25	1 Month Ago 12/24/23 to 12/23/24	3 Months Ago 10/25/23 to 10/24/24	1 Year Ago 1/23/23 to 1/23/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	9 Buy rating(s)	9 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$22.64	$22.80	$22.80	$18.75
Forecasted Upside	30.77% Upside	14.06% Upside	10.25% Upside	13.46% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

PCG 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.

PCG 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.

PG&E Stock vs. The Competition

Type	PG&E	Utilities Companies	S&P 500
Consensus Rating Score	2.91	2.53	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	30.77% Upside	26.57% Upside	11.17% Upside
News Sentiment Rating	Positive News See Recent PCG News	Positive 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
1/13/2025	BMO Capital Markets 4 of 5 stars	J. Thalacker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$21.00	+22.09%
12/19/2024	UBS Group 4 of 5 stars		Lower Target	Buy ➝ Buy	$26.00 ➝ $24.00	+25.00%
12/17/2024	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$25.00 ➝ $24.00	+22.45%
11/27/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$24.00 ➝ $26.00	+19.82%
10/14/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$24.00	+22.26%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$19.00 ➝ $20.00	+0.86%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$24.00	+21.27%
7/26/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$21.00 ➝ $22.00	+22.09%
6/14/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$19.00 ➝ $21.00	+15.13%
6/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$19.00 ➝ $22.00	+21.88%
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4/10/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$21.00	+23.53%
10/23/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	In-Line	$16.00	+0.69%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$21.00 ➝ $19.00	+22.34%
5/30/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$20.00 ➝ $21.00	+27.12%
4/3/2023	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$20.50	+26.78%
2/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$18.00 ➝ $19.00	+23.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:52 AM ET.

Should I Buy PG&E Stock? PCG 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 Sunday, January 19, 2025. Please send any questions or comments about these PG&E pros and cons to contact@marketbeat.com.

PG&E
Bull Case

Here are some ways that investors could benefit from investing in PG&E Co.:

Recent increase in institutional holdings, with Czech National Bank raising its stake by 8.9%, indicating growing confidence in the company's future performance.
Current stock price of $16.22, which is near its 52-week low of $15.94, may present a buying opportunity for investors looking for value.
PG&E Co. reported earnings per share (EPS) of $0.37, exceeding analysts' expectations of $0.32, showcasing strong financial performance and potential for growth.
The company has a return on equity of 12.51%, which indicates effective management in generating profits from shareholders' equity, a positive sign for investors.
Institutional investors own 78.56% of PG&E Co.'s stock, suggesting strong backing and stability, which can be reassuring for potential investors.

PG&E
Bear Case

Investors should be bearish about investing in PG&E Co. for these reasons:

PG&E Co. has a high debt-to-equity ratio of 2.02, indicating that the company relies heavily on debt to finance its operations, which can be risky in volatile markets.
The company reported revenue of $5.94 billion, which fell short of the consensus estimate of $6.58 billion, raising concerns about its ability to meet financial expectations.
Insider ownership is relatively low at 0.15%, which may suggest a lack of confidence from executives in the company's future performance.
Despite a positive EPS report, the revenue growth of only 0.9% year-over-year may not be sufficient to attract growth-focused investors.
PG&E Co. has faced significant scrutiny and challenges in the past, which could lead to potential regulatory risks and impact investor sentiment.

PCG Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for PG&E is $22.64, with a high forecast of $26.00 and a low forecast of $20.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PG&E in the last year. There is currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PCG shares.
: According to analysts, PG&E's stock has a predicted upside of 30.77% based on their 12-month stock forecasts.
: PG&E has been rated by research analysts at Barclays, BMO Capital Markets, Mizuho, and UBS Group in the past 90 days.
: Analysts like PG&E more than other "utilities" companies. The consensus rating score for PG&E is 2.91 while the average consensus rating score for "utilities" companies is 2.54. Learn more on how PCG compares to other companies.

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This page (NYSE:PCG) was last updated on 1/22/2025 by MarketBeat.com Staff

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PG&E (PCG) Stock Forecast & Price Target