OGE Energy Corp. (OGE)
NYSE: OGE · IEX Real-Time Price · USD
35.43
+0.07 (0.20%)
Jul 2, 2024, 4:00 PM EDT - 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 34.5, with a low estimate of 32 and a high estimate of 36. The average target predicts a decrease of -2.62% from the current stock price of 35.43.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for OGE Energy stock from 7 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 1 | 1 | 1 | 1 |
| Hold | 6 | 5 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | -1.21% | Jun 18, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 23, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $34 | Buy → Hold | Downgrades | $34 | -4.04% | Apr 22, 2024 |
| Barclays | Barclays | Buy Maintains $35 → $34 | Buy | Maintains | $35 → $34 | -4.04% | Mar 14, 2024 |
| Barclays | Barclays | Buy Maintains $38 → $35 | Buy | Maintains | $38 → $35 | -1.21% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
2.92B
from 2.67B
Increased by 9.00%
Revenue Next Year
3.08B
from 2.92B
Increased by 5.49%
EPS This Year
2.14
from 2.07
Increased by 3.54%
EPS Next Year
2.31
from 2.14
Increased by 7.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 3.5B | 3.6B | 3.8B | 4.0B |
| Avg | 2.9B | 3.1B | 3.2B | 3.3B | 3.5B |
| Low | 2.7B | 2.9B | 3.0B | 3.1B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 18.5% | 18.1% | 18.3% | 18.1% |
| Avg | 9.0% | 5.5% | 4.6% | 4.1% | 3.4% |
| Low | 0.8% | -2.1% | -3.3% | -4.1% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.24 | 2.61 | 2.66 | 2.85 | 2.92 |
| Avg | 2.14 | 2.31 | 2.44 | 2.58 | 2.71 |
| Low | 2.08 | 2.20 | 2.32 | 2.45 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0% | 22.0% | 14.9% | 16.7% | 13.1% |
| Avg | 3.5% | 7.9% | 5.4% | 5.9% | 5.1% |
| Low | 0.4% | 2.4% | 0.4% | 0.5% | -1.3% |
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.