PEG Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for PEG stock have an average target of 90.2, with a low estimate of 80 and a high estimate of 100. The average target predicts an increase of 7.43% from the current stock price of 83.96.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$80	$90.2	$93	$100
Change	-4.72%	+7.43%	+10.77%	+19.10%

* Price targets were last updated on Dec 20, 2024.

Analyst Ratings

The average analyst rating for PEG stock from 12 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	3	3	3	3	3	3
Buy	7	7	7	6	4	4
Hold	4	4	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	13	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Jan 27, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Buy Maintains $94 → $93	Buy	Maintains	$94 → $93	+10.77%	Dec 20, 2024
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $73 → $86	Hold	Maintains	$73 → $86	+2.43%	Dec 12, 2024
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Reiterates n/a	Strong Buy	Reiterates	n/a	n/a	Dec 11, 2024
Ross Fowler UBS	UBS	Hold Maintains $98 → $95	Hold	Maintains	$98 → $95	+13.15%	Nov 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

10.40B

from 11.24B

-7.45%

from 11.24B

Revenue Next Year

11.01B

from 10.40B

5.90%

from 10.40B

EPS This Year

3.70

from 5.13

-27.84%

from 5.13

EPS Next Year

4.05

from 3.70

9.50%

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	10.40B	11.01B	11.56B
Revenue Growth	3.92%	-4.69%	1.24%	0.80%	14.66%	-7.45%	5.90%	4.95%
EPS	3.33	3.76	-1.29	2.06	5.13	3.70	4.05	4.38
EPS Growth	17.67%	12.91%	-	-	149.03%	-27.84%	9.50%	8.08%
Forward PE	-	-	-	-	-	22.68	20.71	19.17
No. Analysts	-	-	-	-	-	22	22	20

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

Revenue Forecast

Revenue	2024	2025	2026
High	12.0B	13.4B	14.1B
Avg	10.4B	11.0B	11.6B
Low	8.6B	9.1B	9.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	6.4%	28.9%	27.8%
Avg	-7.4%	5.9%	4.9%
Low	-23.5%	-12.8%	-13.1%

EPS Forecast

EPS	2024	2025	2026
High	3.87	4.32	4.76
Avg	3.70	4.05	4.38
Low	3.57	3.80	4.00

EPS Growth

EPS Growth	2024	2025	2026
High	-24.6%	16.6%	17.3%
Avg	-27.8%	9.5%	8.1%
Low	-30.5%	2.7%	-1.4%

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.