FirstEnergy Corp. (FE)
NYSE: FE · IEX Real-Time Price · USD
39.59
+0.13 (0.33%)
At close: Jul 19, 2024, 4:00 PM
39.93
+0.34 (0.86%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
FirstEnergy Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for FirstEnergy stock have an average target of 40.3, with a low estimate of 35 and a high estimate of 45. The average target predicts an increase of 1.79% from the current stock price of 39.59.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for FirstEnergy stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 4 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $46 → $44 | Buy | Maintains | $46 → $44 | +11.14% | Jun 24, 2024 |
| Mizuho | Mizuho | Hold Maintains $38 → $41 | Hold | Maintains | $38 → $41 | +3.56% | Jun 3, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $42 → $46 | Buy | Maintains | $42 → $46 | +16.19% | May 28, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $30 → $35 | Sell | Maintains | $30 → $35 | -11.59% | Apr 23, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $41 → $40 | Hold | Maintains | $41 → $40 | +1.04% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
14.23B
from 12.87B
Increased by 10.57%
Revenue Next Year
14.70B
from 14.23B
Increased by 3.26%
EPS This Year
2.77
from 1.92
Increased by 44.18%
EPS Next Year
2.94
from 2.77
Increased by 6.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.7B | 19.4B | 20.0B | 20.6B | 21.2B |
| Avg | 14.2B | 14.7B | 15.2B | 16.9B | 18.1B |
| Low | 12.1B | 12.3B | 12.6B | 14.7B | 15.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.6% | 36.6% | 36.1% | 35.6% | 25.7% |
| Avg | 10.6% | 3.3% | 3.3% | 11.2% | 7.0% |
| Low | -6.1% | -13.7% | -14.0% | -3.3% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.86 | 3.13 | 3.49 | 3.50 | 3.78 |
| Avg | 2.77 | 2.94 | 3.15 | 3.40 | 3.65 |
| Low | 2.57 | 2.49 | 2.66 | 3.20 | 3.43 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.8% | 13.0% | 18.4% | 10.9% | 11.3% |
| Avg | 44.2% | 6.3% | 7.2% | 7.7% | 7.6% |
| Low | 33.7% | -10.1% | -9.8% | 1.6% | 1.0% |
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.