PPL Corporation (PPL)
NYSE: PPL · IEX Real-Time Price · USD
27.02
-0.28 (-1.03%)
Apr 26, 2024, 4:00 PM EDT - Market closed
PPL Corporation Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for PPL Corporation stock have an average target of 31.89, with a low estimate of 25 and a high estimate of 52. The average target predicts an increase of 18.02% from the current stock price of 27.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PPL stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Buy | 2 | 3 | 3 | 4 | 4 | 4 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 6 | 7 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $29 → $30 | Strong Buy | Maintains | $29 → $30 | +11.03% | Apr 11, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $31 | Buy | Maintains | $30 → $31 | +14.73% | Apr 11, 2024 |
| Barclays | Barclays | Hold Maintains $27 → $28 | Hold | Maintains | $27 → $28 | +3.63% | Mar 14, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $30 | Hold → Strong Buy | Upgrades | $30 | +11.03% | Mar 8, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $30 | Buy | Reiterates | $30 | +11.03% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
8.15B
from 8.31B
Decreased by -1.95%
Revenue Next Year
8.47B
from 8.15B
Increased by 3.94%
EPS This Year
1.72
from 1.00
Increased by 72.06%
EPS Next Year
1.84
from 1.72
Increased by 7.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.5B | 9.9B | 10.0B | 10.4B |
| Avg | 8.2B | 8.5B | 8.9B | 9.6B |
| Low | 6.0B | 6.2B | 6.6B | 8.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.8% | 21.2% | 18.1% | 17.3% |
| Avg | -1.9% | 3.9% | 5.1% | 7.3% |
| Low | -27.2% | -24.1% | -22.1% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.82 | 1.93 | 2.09 | 2.23 |
| Avg | 1.72 | 1.84 | 1.97 | 2.08 |
| Low | 1.66 | 1.77 | 1.89 | 1.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 81.5% | 12.3% | 13.6% | 12.8% |
| Avg | 72.1% | 7.1% | 7.1% | 5.4% |
| Low | 65.6% | 3.1% | 2.7% | -1.2% |
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.