Public Service Enterprise Group Incorporated (PEG)
NYSE: PEG · Real-Time Price · USD
89.41
+1.05 (1.19%)
Oct 31, 2024, 4:00 PM EDT - Market closed

PEG Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for PEG stock have an average target of 85.86, with a low estimate of 65 and a high estimate of 100. The average target predicts a decrease of -3.97% from the current stock price of 89.41.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $85.86 $88 $100
Change -27.30% -3.97% -1.58% +11.84%

Analyst Ratings

The average analyst rating for PEG stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 233333
Buy 777777
Hold 633344
Sell 000000
Strong Sell 000000
Total 151313131414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$94$98
Hold Maintains $94$98 +9.61% Oct 30, 2024
BMO Capital
BMO Capital
Hold
Maintains
$86$89
Hold Maintains $86$89 -0.46% Oct 21, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$85$100
Buy Maintains $85$100 +11.84% Oct 16, 2024
Barclays
Barclays
Buy
Maintains
$80$98
Buy Maintains $80$98 +9.61% Oct 8, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$92$95
Buy Maintains $92$95 +6.25% Oct 8, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
10.67B
from 11.24B
Decreased by -5.09%
Revenue Next Year
11.18B
from 10.67B
Increased by 4.83%
EPS This Year
3.70
from 5.13
Decreased by -27.82%
EPS Next Year
4.10
from 3.70
Increased by 10.76%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
10.08B9.60B9.72B9.80B11.24B10.67B11.18B11.70B
Revenue Growth
3.92%-4.69%1.24%0.80%14.66%-5.09%4.83%4.62%
EPS
3.333.76-1.292.065.133.704.104.38
EPS Growth
17.67%12.91%--149.03%-27.82%10.76%6.87%
Forward PE
-----24.1521.8020.40
No. Analysts -----232320
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 12.0B 12.5B 13.0B
Avg 10.7B 11.2B 11.7B
Low 9.8B 10.1B 10.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
6.7%
17.2%
15.9%
Avg
-5.1%
4.8%
4.6%
Low
-12.6%
-5.0%
-7.3%

EPS Forecast

EPS 20242025202620272028
High 3.89 4.45 4.80
Avg 3.70 4.10 4.38
Low 3.54 3.81 4.00

EPS Growth

EPS Growth 20242025202620272028
High
-24.3%
20.2%
17.0%
Avg
-27.8%
10.8%
6.9%
Low
-31.0%
3.0%
-2.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.