FirstEnergy Corp. (FE)
NYSE: FE · IEX Real-Time Price · USD
36.83
-0.57 (-1.52%)
Apr 16, 2024, 4:00 PM EDT - Market closed

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 10.72% from the current stock price of 36.83.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $40.78 $41 $45
Change -4.97% +10.72% +11.32% +22.18%

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 '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 333333
Hold 555554
Sell 111111
Strong Sell 000000
Total 10101010109

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$45
Strong Buy Initiates $45 +22.18% Apr 10, 2024
Keybanc
Keybanc
Buy
Maintains
$41$43
Buy Maintains $41$43 +16.75% Jan 4, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$44$42
Buy Maintains $44$42 +14.04% Oct 25, 2023
JP Morgan
JP Morgan
Hold
Maintains
$42$39
Hold Maintains $42$39 +5.89% Oct 12, 2023
Barclays
Barclays
Hold
Maintains
$37$35
Hold Maintains $37$35 -4.97% Oct 10, 2023
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
11.04B10.79B11.13B12.46B12.87B13.79B14.26B14.72B15.38B
Revenue Growth
-2.01%-2.22%3.17%11.92%3.30%7.12%3.46%3.18%4.48%
EPS
1.681.992.350.711.922.772.943.133.29
EPS Growth
-15.58%18.45%18.09%-69.79%170.42%44.26%6.15%6.47%5.23%
No. Analysts -----1918168
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.