PG&E Corporation Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, PG&E Corporation stock has a consensus rating of "Buy" and an average price target of $22.84. The average 1-year stock price forecast is 31.04% higher than the current stock price, while the lowest is $19 (+9.01%) and the highest is $28 (+60.64%).

Price Target: $22.84 (+31.04%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$19	$22.84	$23	$28
Change	+9.01%	+31.04%	+31.96%	+60.64%

Analyst Ratings

The average analyst rating for PG&E Corporation stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	10	10	11	11	11	11
Buy	3	3	3	3	3	3
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	18	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carly Davenport Goldman Sachs	Goldman Sachs	Buy Maintains $23	Buy	Maintains	$23	+31.96%	Jul 16, 2026
Richard Sunderland Truist Financial	Truist Financial	Buy Maintains $22 → $23	Buy	Maintains	$22 → $23	+31.96%	Jul 16, 2026
Aidan Kelly J.P. Morgan	J.P. Morgan	Buy Maintains $23 → $25	Buy	Maintains	$23 → $25	+43.43%	Jul 16, 2026
James Thalacker BMO Capital	BMO Capital	Buy Maintains $28	Buy	Maintains	$28	+60.64%	Jul 15, 2026
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $22	Hold	Maintains	$22	+26.22%	Jun 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

26.43B

from 24.94B

6.00%

from 24.94B

Revenue Next Year

27.30B

from 26.43B

3.29%

from 26.43B

EPS This Year

1.65

from 1.50

9.85%

from 1.50

EPS Next Year

1.80

from 1.65

9.42%

from 1.65

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	20.64B	21.68B	24.43B	24.42B	24.94B	26.43B
Revenue Growth	11.77%	5.03%	12.68%	-0.04%	2.11%	6.00%
Net Income	-102.00M	1.80B	2.24B	2.48B	2.59B	3.48B
EPS	-	-	-	-	1.50	1.65
EPS Growth	-	-	-	-	10.29%	9.85%
Forward PE	10.88	15.32	13.06	14.37	10.53	10.58
Dividend / Share	-	-	0.01	0.06	0.13	0.20
Dividend Growth	-	-	-	450.00%	127.27%	59.27%
Free Cash Flow	-3.59B	-4.74B	-6.23B	-6.58B	-3.41B	482.00M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	27.5B
Avg	26.4B
Low	24.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	10.4%
Avg	6.0%
Low	-0.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.66
Avg	1.65
Low	1.64

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	10.8%
Avg	9.8%
Low	9.2%