OGE Energy Corp. (OGE)
NYSE: OGE · Real-Time Price · USD
39.84
+0.18 (0.45%)
Nov 4, 2024, 4:00 PM EST - Market closed
OGE Energy Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for OGE Energy stock have an average target of 38.67, with a low estimate of 34 and a high estimate of 46. The average target predicts a decrease of -2.94% from the current stock price of 39.84.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for OGE Energy stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $39 → $42 | Hold | Maintains | $39 → $42 | +5.42% | Oct 21, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $46 | Strong Buy | Initiates | $46 | +15.46% | Sep 19, 2024 |
| Barclays | Barclays | Hold Maintains $36 → $39 | Hold | Maintains | $36 → $39 | -2.11% | Aug 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $36 → $40 | Hold | Maintains | $36 → $40 | +0.40% | Aug 8, 2024 |
| Barclays | Barclays | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | -12.15% | Jun 18, 2024 |
Financial Forecast
Revenue This Year
2.89B
from 2.67B
Increased by 8.22%
Revenue Next Year
3.04B
from 2.89B
Increased by 5.04%
EPS This Year
2.17
from 2.07
Increased by 4.72%
EPS Next Year
2.30
from 2.17
Increased by 6.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 3.5B | 3.6B | ||
| Avg | 2.9B | 3.0B | 3.2B | ||
| Low | 2.7B | 2.8B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 19.4% | 19.5% | ||
| Avg | 8.2% | 5.0% | 3.9% | ||
| Low | 0.0% | -2.8% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.29 | 2.53 | 2.64 | ||
| Avg | 2.17 | 2.30 | 2.44 | ||
| Low | 2.08 | 2.20 | 2.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.6% | 16.7% | 14.4% | ||
| Avg | 4.7% | 6.3% | 5.9% | ||
| Low | 0.4% | 1.3% | 0.8% |
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.