Public Service Enterprise Group Incorporated (PEG)

PEG Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for PEG stock have an average target of 87.75, with a low estimate of 65 and a high estimate of 100. The average target predicts an increase of 3.16% from the current stock price of 85.06.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$87.75	$88	$100
Change	-23.58%	+3.16%	+3.46%	+17.56%

Analyst Ratings

The average analyst rating for PEG stock from 13 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	3	3	3	3
Buy	7	7	7	7	7	6
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	14	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $73 → $86	Hold	Maintains	$73 → $86	+1.11%	Dec 12, 2024
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Reiterates n/a	Strong Buy	Reiterates	n/a	n/a	Dec 11, 2024
Nicholas Campanella Barclays	Barclays	Buy Maintains $98 → $88	Buy	Maintains	$98 → $88	+3.46%	Nov 5, 2024
Ross Fowler UBS	UBS	Hold Maintains $94 → $98	Hold	Maintains	$94 → $98	+15.21%	Oct 30, 2024
James Thalacker BMO Capital	BMO Capital	Hold Maintains $86 → $89	Hold	Maintains	$86 → $89	+4.63%	Oct 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

10.46B

Decreased by -6.91%

from 11.24B

Revenue Next Year

11.07B

Increased by 5.86%

from 10.46B

EPS This Year

3.70

Decreased by -27.90%

from 5.13

EPS Next Year

4.09

Increased by 10.45%

from 3.70

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	10.08B	9.60B	9.72B	9.80B	11.24B	10.46B	11.07B	11.57B
Revenue Growth	3.92%	-4.69%	1.24%	0.80%	14.66%	-6.91%	5.86%	4.44%
EPS	3.33	3.76	-1.29	2.06	5.13	3.70	4.09	4.39
EPS Growth	17.67%	12.91%	-	-	149.03%	-27.90%	10.45%	7.40%
Forward PE	-	-	-	-	-	23.00	20.82	19.38
No. Analysts	-	-	-	-	-	24	24	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	12.0B	13.4B	14.2B
Avg	10.5B	11.1B	11.6B
Low	8.6B	9.1B	9.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	6.7%	28.3%	28.3%
Avg	-6.9%	5.9%	4.4%
Low	-23.5%	-12.8%	-14.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.87	4.36	4.76
Avg	3.70	4.09	4.39
Low	3.54	3.80	4.00

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-24.5%	17.8%	16.4%
Avg	-27.9%	10.5%	7.4%
Low	-30.9%	2.8%	-2.1%

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.