Manila Electric Company (PSE:MER)
Philippines flag Philippines · Delayed Price · Currency is PHP
412.20
-11.80 (-2.78%)
At close: Oct 6, 2026

Manila Electric Company Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, Manila Electric Company stock has a consensus rating of "Buy" and an average price target of ₱628.98. The average 1-year stock price forecast is 52.59% higher than the current stock price, while the lowest is ₱467.00 (+13.29%) and the highest is ₱750.00 (+81.95%).

Price Target: ₱628.98 (+52.59%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₱467.00₱628.98₱650.00₱750.00
Change+13.29%+52.59%+57.69%+81.95%

Analyst Ratings

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

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy344444
Buy333222
Hold444555
Sell000000
Strong Sell000000
Total101111111111

Financial Forecast

Revenue This Year
522.40B
from 497.33B
Increased by 5.04%
Revenue Next Year
545.15B
from 522.40B
Increased by 4.36%
EPS This Year
48.09
from 44.87
Increased by 7.19%
EPS Next Year
52.01
from 48.09
Increased by 8.14%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
318.55B426.53B443.61B470.36B497.33B522.40B
Revenue Growth
15.71%33.90%4.01%6.03%5.73%5.04%
Net Income
23.50B28.43B38.02B45.86B51.13B53.68B
EPS
----44.8748.09
EPS Growth
----12.02%7.19%
Forward PE
14.2412.7213.0812.9112.868.57
Dividend / Share
15.2916.8419.7624.0428.0028.78
Dividend Growth
22.13%10.14%17.34%21.66%16.47%2.79%
Free Cash Flow
-----34.44B37.41B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is PHP.

Revenue Forecast

Revenue202620272028
High556.9B
Avg522.4B
Low501.2B

Revenue Growth

Revenue Growth202620272028
High
12.0%
Avg
5.0%
Low
0.8%

EPS Forecast

EPS202620272028
High51.46
Avg48.09
Low43.76

EPS Growth

EPS Growth202620272028
High
14.7%
Avg
7.2%
Low
-2.5%