FirstEnergy Corp. (FE)
NYSE: FE · IEX Real-Time Price · USD
38.17
+0.54 (1.44%)
At close: Apr 19, 2024, 4:00 PM
38.46
+0.29 (0.76%)
After-hours: Apr 19, 2024, 7:16 PM EDT
FirstEnergy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for FirstEnergy stock have an average target of 40.78, with a low estimate of 35 and a high estimate of 45. The average target predicts an increase of 6.84% from the current stock price of 38.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FirstEnergy stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $45 | Strong Buy | Initiates | $45 | +17.89% | Apr 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $41 → $43 | Buy | Maintains | $41 → $43 | +12.65% | Jan 4, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $44 → $42 | Buy | Maintains | $44 → $42 | +10.03% | Oct 25, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $42 → $39 | Hold | Maintains | $42 → $39 | +2.17% | Oct 12, 2023 |
| Barclays | Barclays | Hold Maintains $37 → $35 | Hold | Maintains | $37 → $35 | -8.30% | Oct 10, 2023 |
Financial Forecast
Revenue This Year
13.79B
from 12.87B
Increased by 7.12%
Revenue Next Year
14.26B
from 13.79B
Increased by 3.46%
EPS This Year
2.77
from 1.92
Increased by 44.26%
EPS Next Year
2.94
from 2.77
Increased by 6.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.6B | 15.2B | 15.7B | 16.1B |
| Avg | 13.8B | 14.3B | 14.7B | 15.4B |
| Low | 12.5B | 12.6B | 12.6B | 13.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.6% | 10.1% | 10.1% | 9.5% |
| Avg | 7.1% | 3.5% | 3.2% | 4.5% |
| Low | -2.8% | -8.3% | -11.4% | -5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.86 | 3.06 | 3.26 | 3.43 |
| Avg | 2.77 | 2.94 | 3.13 | 3.29 |
| Low | 2.57 | 2.49 | 2.66 | 3.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 48.8% | 10.3% | 10.7% | 9.7% |
| Avg | 44.3% | 6.1% | 6.5% | 5.2% |
| Low | 33.7% | -10.1% | -9.7% | -3.3% |
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.