PPL Corporation Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, PPL Corporation stock has a consensus rating of "Buy" and an average price target of $39.65. The average 1-year stock price forecast is 13.55% higher than the current stock price, while the lowest is $36 (+3.09%) and the highest is $44 (+26.00%).

Price Target: $39.65 (+13.55%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$36	$39.65	$40	$44
Change	+3.09%	+13.55%	+14.55%	+26.00%

Analyst Ratings

The average analyst rating for PPL 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	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	9	9	9	9	9	10
Buy	3	3	3	3	4	4
Hold	4	4	4	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	15	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Meike Becker HSBC	HSBC	Buy Initiates $42	Buy	Initiates	$42	+20.27%	Oct 22, 2026
Nicolas Woods Bank of America Securities	Bank of America Securities	Buy Reiterates $39 → $37	Buy	Reiterates	$39 → $37	+5.96%	Oct 22, 2026
David Arcaro Morgan Stanley	Morgan Stanley	Buy Reiterates $39 → $40	Buy	Reiterates	$39 → $40	+14.55%	Oct 21, 2026
Alex Kania BTIG	BTIG	Buy Maintains $45 → $41	Buy	Maintains	$45 → $41	+17.41%	Oct 20, 2026
James Thalacker BMO Capital	BMO Capital	Buy Maintains $38	Buy	Maintains	$38	+8.82%	Oct 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

9.63B

from 9.04B

6.52%

from 9.04B

Revenue Next Year

10.21B

from 9.63B

5.99%

from 9.63B

EPS This Year

1.95

from 1.81

7.61%

from 1.81

EPS Next Year

2.12

from 1.95

8.66%

from 1.95

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	5.78B	7.90B	8.31B	8.46B	9.04B	9.63B
Revenue Growth	5.65%	36.64%	5.19%	1.81%	6.85%	6.52%
Net Income	-1.48B	756.00M	740.00M	888.00M	1.18B	1.44B
EPS	-	-	-	-	1.81	1.95
EPS Growth	-	-	-	-	7.10%	7.61%
Forward PE	19.25	19.94	15.92	18.85	18.99	17.93
Dividend / Share	1.66	0.88	0.96	1.03	1.09	1.14
Dividend Growth	-	-47.29%	9.71%	7.29%	5.83%	4.73%
Free Cash Flow	-	-	-	-	-1.40B	-1.78B
No. Analysts	-	-	-	-	-	13

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	9.8B
Avg	9.6B
Low	9.3B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	8.8%
Avg	6.5%
Low	3.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.97
Avg	1.95
Low	1.91

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	8.8%
Avg	7.6%
Low	5.4%