PPL Corporation (PPL)
NYSE: PPL · Real-Time Price · USD
33.57
+0.32 (0.96%)
Jan 21, 2025, 4:00 PM EST - Market closed

PPL Corporation Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for PPL Corporation stock have an average target of 34.09, with a low estimate of 28 and a high estimate of 38. The average target predicts an increase of 1.55% from the current stock price of 33.57.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $34.09 $35 $38
Change -16.59% +1.55% +4.26% +13.20%
* Price targets were last updated on Dec 17, 2024.

Analyst Ratings

The average analyst rating for PPL stock from 11 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 233333
Buy 445565
Hold 332233
Sell 000000
Strong Sell 000000
Total 91010101211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$39$38
Strong Buy Maintains $39$38 +13.20% Dec 17, 2024
Citigroup
Citigroup
Hold
Maintains
$31$36
Hold Maintains $31$36 +7.24% Dec 12, 2024
BMO Capital
BMO Capital
Buy
Initiates
$36
Buy Initiates $36 +7.24% Dec 11, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$34$35
Strong Buy Maintains $34$35 +4.26% Nov 4, 2024
JP Morgan
JP Morgan
Buy
Initiates
$37
Buy Initiates $37 +10.22% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
8.39B
from 8.31B
Increased by 0.93%
Revenue Next Year
8.43B
from 8.39B
Increased by 0.51%
EPS This Year
1.73
from 1.00
Increased by 72.94%
EPS Next Year
1.85
from 1.73
Increased by 6.96%
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
5.60B5.47B5.78B7.90B8.31B8.39B8.43B8.97B
Revenue Growth
-28.04%-2.28%5.64%36.64%5.19%0.93%0.51%6.43%
EPS
2.371.91-1.941.021.001.731.851.98
EPS Growth
-8.11%-19.55%---1.67%72.94%6.96%6.96%
Forward PE
-----19.4118.1516.97
No. Analysts -----202017
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.0B 9.4B 9.7B
Avg 8.4B 8.4B 9.0B
Low 7.1B 6.3B 7.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.3%
11.7%
15.0%
Avg
0.9%
0.5%
6.4%
Low
-14.1%
-25.1%
-10.1%

EPS Forecast

EPS 20242025202620272028
High 1.82 1.94 2.08
Avg 1.73 1.85 1.98
Low 1.64 1.78 1.89

EPS Growth

EPS Growth 20242025202620272028
High
82.2%
12.3%
12.4%
Avg
72.9%
7.0%
7.0%
Low
63.9%
3.1%
2.3%
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.