WEC Energy Group (WEC) Stock Forecast & Price Target

$104.04 +0.51 (+0.49%)

Closing price 02/21/2025 03:59 PM Eastern

Extended Trading

$104.11 +0.07 (+0.06%)

As of 02/21/2025 06:30 PM Eastern

WEC Energy 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

Hold

Based on 8 Analyst Ratings

Sell
0

Hold
5

Buy
3

Based on 8 Wall Street analysts who have issued ratings for WEC Energy Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 5 have given a hold rating, and 3 have given a buy rating for WEC.

Consensus Price Target

$101.88
-2.08% Downside

According to the 8 analysts' twelve-month price targets for WEC Energy Group, the average price target is $101.88. The highest price target for WEC is $115.00, while the lowest price target for WEC is $88.00. The average price target represents a forecasted downside of -2.08% from the current price of $104.04.

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WEC Analyst Ratings Over Time

Type	Current Forecast 2/23/24 to 2/22/25	1 Month Ago 1/24/24 to 1/23/25	3 Months Ago 11/25/23 to 11/24/24	1 Year Ago 2/23/23 to 2/23/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$101.88	$98.40	$94.45	$86.17
Forecasted Upside	-2.08% Downside	1.04% Upside	-6.16% Downside	9.27% Upside
Consensus Rating	Hold	Hold	Hold	Hold

WEC 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.

WEC 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.

WEC Energy Group Stock vs. The Competition

Type	WEC Energy Group	Utilities Companies	S&P 500
Consensus Rating Score	2.38	2.55	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-2.08% Downside	29.19% Upside	14.38% Upside
News Sentiment Rating	Very Positive News See Recent WEC 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
2/5/2025	BMO Capital Markets 4 of 5 stars	James Thalacker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$95.00 ➝ $100.00	-0.68%
2/5/2025	Wells Fargo & Company 3 of 5 stars	Neil Kalton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$112.00 ➝ $115.00	+14.48%
1/2/2025	Barclays 3 of 5 stars	N. Campanella Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$89.00 ➝ $93.00	-1.11%
12/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$90.00 ➝ $98.00	+2.50%
12/9/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$103.00 ➝ $110.00	+13.44%
12/4/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$108.00 ➝ $109.00	+11.28%
9/19/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$102.00	+8.77%
4/10/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$88.00	+7.43%
2/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$95.00 ➝ $90.00	+15.96%
2/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$90.00 ➝ $84.00	+2.69%
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12/18/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$88.00 ➝ $86.00	+4.46%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$94.00 ➝ $84.00	+3.69%
10/4/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$87.00 ➝ $80.00	+1.55%
9/11/2023	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$85.00	+0.39%
6/30/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
6/9/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$98.00 ➝ $91.00	+0.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:27 AM ET.

Should I Buy WEC Energy Group Stock? WEC 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 Thursday, February 20, 2025. Please send any questions or comments about these WEC Energy Group pros and cons to contact@marketbeat.com.

WEC Energy Group
Bull Case

Here are some ways that investors could benefit from investing in WEC Energy Group, Inc.:

The current stock price is $103.59, which is near its twelve-month high of $104.15, indicating strong market performance and investor confidence.
WEC Energy Group, Inc. has received positive ratings from multiple analysts, with recent upgrades in target prices, suggesting a favorable outlook for the stock.
The company reported a year-over-year revenue increase of 3.0%, demonstrating growth potential in its operations.
WEC Energy Group, Inc. has a solid net margin of 17.75%, indicating effective cost management and profitability.
The firm offers a dividend yield of 3.22%, providing investors with a steady income stream, which is attractive in the utilities sector.

WEC Energy Group
Bear Case

Investors should be bearish about investing in WEC Energy Group, Inc. for these reasons:

The company recently missed earnings expectations, reporting $1.43 EPS compared to the consensus estimate of $1.49, which may raise concerns about its financial performance.
WEC Energy Group, Inc. has a relatively high debt-to-equity ratio of 1.37, indicating a significant reliance on debt financing, which can be risky in volatile markets.
The current ratio of 0.60 suggests potential liquidity issues, as it indicates that the company may not have enough short-term assets to cover its short-term liabilities.
Analysts have mixed ratings on the stock, with one sell rating and five hold ratings, which may indicate uncertainty about its future performance.
The company has a PEG ratio of 2.59, which is considered high, suggesting that the stock may be overvalued relative to its earnings growth potential.

WEC Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for WEC Energy Group is $101.88, with a high forecast of $115.00 and a low forecast of $88.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WEC Energy Group in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WEC, but not buy additional shares or sell existing shares.
: According to analysts, WEC Energy Group's stock has a predicted downside of -2.08% based on their 12-month stock forecasts.
: Over the previous 90 days, WEC Energy Group's stock had 2 upgrades by analysts.
: WEC Energy Group has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, KeyCorp, Scotiabank, and Wells Fargo & Company in the past 90 days.
: Analysts like WEC Energy Group less than other "utilities" companies. The consensus rating for WEC Energy Group is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how WEC compares to other companies.

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This page (NYSE:WEC) was last updated on 2/22/2025 by MarketBeat.com Staff

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WEC Energy Group (WEC) Stock Forecast & Price Target