Manila Electric Company (PSE:MER)
Philippines flag Philippines · Delayed Price · Currency is PHP
482.00
-7.20 (-1.47%)
At close: Aug 20, 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 ₱648.15. The average 1-year stock price forecast is 34.47% higher than the current stock price, while the lowest is ₱520.00 (+7.88%) and the highest is ₱750.00 (+55.60%).

Price Target: ₱648.15 (+34.47%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₱520.00₱648.15₱665.40₱750.00
Change+7.88%+34.47%+38.05%+55.60%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy434444
Buy333322
Hold444455
Sell000000
Strong Sell000000
Total111011111111

Financial Forecast

Revenue This Year
526.55B
from 497.33B
Increased by 5.88%
Revenue Next Year
549.02B
from 526.55B
Increased by 4.27%
EPS This Year
49.02
from 44.87
Increased by 9.24%
EPS Next Year
53.01
from 49.02
Increased by 8.15%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
318.55B426.53B443.61B470.36B497.33B526.55B
Revenue Growth
15.71%33.90%4.01%6.03%5.73%5.88%
Net Income
23.50B28.43B38.02B45.86B51.13B55.06B
EPS
----44.8749.02
EPS Growth
----12.02%9.24%
Forward PE
14.2412.7213.0812.9112.869.83
Dividend / Share
15.2916.8419.7624.0428.0028.12
Dividend Growth
22.13%10.14%17.34%21.66%16.47%0.43%
Free Cash Flow
17.99B19.27B43.85B-9.28B-71.49B41.82B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is PHP.

Revenue Forecast

Revenue202620272028
High562.7B
Avg526.6B
Low501.2B

Revenue Growth

Revenue Growth202620272028
High
13.2%
Avg
5.9%
Low
0.8%

EPS Forecast

EPS202620272028
High52.58
Avg49.02
Low43.76

EPS Growth

EPS Growth202620272028
High
17.2%
Avg
9.2%
Low
-2.5%