Public Service Enterprise Group Incorporated (PEG)
NYSE: PEG · Real-Time Price · USD
87.42
-0.82 (-0.93%)
Sep 26, 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 80.29, with a low estimate of 65 and a high estimate of 95. The average target predicts a decrease of -8.16% from the current stock price of 87.42.
Analyst Consensus: Buy
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 6 | 6 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 13 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $87 → $94 | Hold | Maintains | $87 → $94 | +7.53% | Sep 24, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $83 → $95 | Buy | Maintains | $83 → $95 | +8.67% | Sep 23, 2024 |
| Jefferies | Jefferies | Hold Initiates $85 | Hold | Initiates | $85 | -2.77% | Sep 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $84 → $88 | Strong Buy | Maintains | $84 → $88 | +0.66% | Aug 29, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $78 → $83 | Buy | Maintains | $78 → $83 | -5.06% | Aug 23, 2024 |
Financial Forecast
Revenue This Year
10.67B
from 11.24B
Decreased by -5.04%
Revenue Next Year
11.16B
from 10.67B
Increased by 4.61%
EPS This Year
3.70
from 5.13
Decreased by -27.82%
EPS Next Year
4.10
from 3.70
Increased by 10.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7% | 17.1% | 16.1% | ||
| Avg | -5.0% | 4.6% | 4.6% | ||
| Low | -12.6% | -5.0% | -7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.