OGE Energy Corp. (OGE)
NYSE: OGE · IEX Real-Time Price · USD
34.48
+0.16 (0.47%)
Apr 25, 2024, 4:00 PM EDT - Market closed

OGE Energy Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for OGE Energy stock have an average target of 35.14, with a low estimate of 32 and a high estimate of 40. The average target predicts an increase of 1.91% from the current stock price of 34.48.

Analyst Consensus: Hold
Target Low Average Median High
Price $32 $35.14 $35 $40
Change -7.19% +1.91% +1.51% +16.01%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 110000
Buy 111121
Hold 556656
Sell 000000
Strong Sell 000000
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Downgrades
$34
Hold Downgrades $34 -1.39% Apr 22, 2024
Barclays
Barclays
Buy
Maintains
$35$34
Buy Maintains $35$34 -1.39% Mar 14, 2024
Barclays
Barclays
Buy
Maintains
$38$35
Buy Maintains $38$35 +1.51% Jan 22, 2024
Ladenburg Thalmann
Ladenburg Thalmann
Hold
Downgrades
$34
Hold Downgrades $34 -1.39% Jan 16, 2024
Mizuho
Mizuho
Hold
Maintains
$34$35
Hold Maintains $34$35 +1.51% Nov 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
3.04B
from 2.67B
Increased by 13.71%
Revenue Next Year
3.14B
from 3.04B
Increased by 3.19%
EPS This Year
2.15
from 2.07
Increased by 3.88%
EPS Next Year
2.29
from 2.15
Increased by 6.49%
Year 201920202021202220232024202520262027
Revenue
2.23B2.12B3.65B3.38B2.67B3.04B3.14B3.17B3.90B
Revenue Growth
-1.70%-4.90%72.16%-7.61%-20.78%13.71%3.19%0.96%23.20%
EPS
2.16-0.873.683.322.072.152.292.422.53
EPS Growth
1.89%---9.78%-37.65%3.88%6.49%5.80%4.37%
No. Analysts -----111194
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 3.7B 3.8B 3.6B 4.1B
Avg 3.0B 3.1B 3.2B 3.9B
Low 2.7B 2.8B 2.9B 3.8B

Revenue Growth

Revenue Growth 2024202520262027
High
37.6%
23.7%
15.8%
28.9%
Avg
13.7%
3.2%
1.0%
23.2%
Low
1.3%
-7.9%
-7.7%
18.8%

EPS Forecast

EPS 2024202520262027
High 2.26 2.47 2.58 2.66
Avg 2.15 2.29 2.42 2.53
Low 2.08 2.20 2.32 2.43

EPS Growth

EPS Growth 2024202520262027
High
9.1%
14.8%
12.8%
9.7%
Avg
3.9%
6.5%
5.8%
4.4%
Low
0.4%
2.1%
1.4%
0.3%
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.