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

$81.44 -2.35 (-2.80%)

Closing price 03:59 PM Eastern

Extended Trading

$81.39 -0.05 (-0.07%)

As of 06:27 PM Eastern

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

Moderate Buy

Based on 13 Analyst Ratings

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
10.08% 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 10.08% from the current price of $81.45.

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PEG Analyst Ratings Over Time

Type	Current Forecast 4/3/24 to 4/3/25	1 Month Ago 3/4/24 to 3/4/25	3 Months Ago 1/4/24 to 1/3/25	1 Year Ago 4/4/23 to 4/3/24
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 Upside	10.08% Upside	10.36% Upside	3.38% Upside	-0.40% 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.

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.

Public Service Enterprise Group Stock vs. The Competition

Type	Public Service Enterprise Group	Utilities Companies	S&P 500
Consensus Rating Score	2.54	2.53	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	6.92% Upside	21.83% Upside	17.74% Upside
News Sentiment Rating	Very Positive News See Recent PEG News	Positive News	Positive News

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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
3/20/2025	Morgan Stanley 3 of 5 stars	David Arcaro Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$96.00 ➝ $100.00	+20.13%
3/19/2025	LADENBURG THALM/SH SH 3 of 5 stars	Paul Fremont Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$82.50	+0.41%
3/3/2025	Bank of America 3 of 5 stars	Julien Dumoulin-Smith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$95.00 ➝ $92.00	+13.45%
2/26/2025	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Shahriar Pourreza Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$98.00 ➝ $98.00	+16.47%
2/26/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	James Thalacker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$85.00 ➝ $86.00	+2.11%
2/26/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Neil Kalton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$100.00 ➝ $95.00	+14.14%
1/27/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nicholas Campanella Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$88.00 ➝ $84.00	-4.59%
12/12/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$73.00 ➝ $86.00	-0.74%
10/30/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$94.00 ➝ $98.00	+10.75%
10/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$92.00 ➝ $95.00	+4.02%
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9/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$85.00	+2.03%
7/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$80.00 ➝ $84.00	+12.28%
5/23/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$65.00 ➝ $80.00	+7.63%
12/1/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$68.00 ➝ $70.00	+10.83%
6/7/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$64.00	+2.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:34 PM 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 Wednesday, April 2, 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

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

The company recently increased its quarterly dividend to $0.63, reflecting a commitment to returning value to shareholders. This annualizes to $2.52, providing a yield of approximately 3.01%, which is attractive for income-focused investors.
Public Service Enterprise Group Incorporated has a strong earnings forecast, with analysts predicting earnings per share (EPS) of 3.67 for the current year, indicating potential growth in profitability.
Recent revenue performance exceeded expectations, with reported revenue of $2.47 billion, significantly higher than the anticipated $2.03 billion, showcasing the company's strong operational performance.
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.
Institutional investors hold a significant portion of the stock, with 73.34% owned by hedge funds and other institutional investors, indicating confidence in the company's future prospects.

Public Service Enterprise Group
Bear Case

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

The company's quarterly revenue was down 5.4% compared to the same quarter last year, which may raise concerns about its ability to maintain growth in a competitive market.
Despite the dividend increase, the payout ratio stands at 71.19%, which indicates that a significant portion of earnings is being distributed as dividends. This could limit the company's ability to reinvest in growth opportunities.
Some analysts have downgraded their ratings on the stock, with firms like LADENBURG THALM/SH SH moving from a "buy" to a "neutral" rating, which may signal caution among market experts.
The stock price has seen fluctuations, and recent target price adjustments by firms like Wells Fargo & Company, which lowered its target from $100.00 to $95.00, could indicate potential volatility ahead.
Insider selling activity, such as the CEO selling shares, may raise red flags for some investors regarding the confidence of management in the company's future performance.

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 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 analysts is that investors should "moderate buy" PEG shares.
: According to analysts, Public Service Enterprise Group's stock has a predicted upside of 10.08% 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 more 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 2.53. Learn more on how PEG compares to other companies.

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This page (NYSE:PEG) was last updated on 4/3/2025 by MarketBeat.com Staff

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