PPL Corporation (PPL)
NYSE: PPL · Real-Time Price · USD
32.39
-0.13 (-0.40%)
Dec 30, 2024, 4:00 PM EST - Market closed
PPL Corporation Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for PPL Corporation stock have an average target of 35.58, with a low estimate of 28 and a high estimate of 52. The average target predicts an increase of 9.85% from the current stock price of 32.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PPL 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 3 | 3 | 3 | 3 |
| Buy | 4 | 4 | 4 | 5 | 5 | 6 |
| Hold | 3 | 3 | 3 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 10 | 10 | 10 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $39 → $38 | Strong Buy | Maintains | $39 → $38 | +17.32% | Dec 17, 2024 |
| Citigroup | Citigroup | Hold Maintains $31 → $36 | Hold | Maintains | $31 → $36 | +11.15% | Dec 12, 2024 |
| BMO Capital | BMO Capital | Buy Initiates $36 | Buy | Initiates | $36 | +11.15% | Dec 11, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $34 → $35 | Strong Buy | Maintains | $34 → $35 | +8.06% | Nov 4, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $37 | Buy | Initiates | $37 | +14.23% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
8.37B
from 8.31B
Increased by 0.66%
Revenue Next Year
8.43B
from 8.37B
Increased by 0.80%
EPS This Year
1.73
from 1.00
Increased by 72.94%
EPS Next Year
1.85
from 1.73
Increased by 6.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.1B | 9.4B | 9.7B | ||
| Avg | 8.4B | 8.4B | 8.9B | ||
| Low | 7.1B | 6.3B | 7.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.5% | 12.2% | 15.1% | ||
| Avg | 0.7% | 0.8% | 5.4% | ||
| Low | -14.1% | -24.9% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.82 | 1.94 | 2.08 | ||
| Avg | 1.73 | 1.85 | 1.98 | ||
| Low | 1.64 | 1.78 | 1.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 82.2% | 12.3% | 12.4% | ||
| Avg | 72.9% | 7.0% | 7.0% | ||
| Low | 63.9% | 3.1% | 2.3% |
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.