WEC Energy Group, Inc. (WEC)
NYSE: WEC · Real-Time Price · USD
100.50
+1.23 (1.24%)
Nov 21, 2024, 2:29 PM EST - Market open
WEC Energy Group Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for WEC Energy Group stock have an average target of 94.73, with a low estimate of 84 and a high estimate of 108. The average target predicts a decrease of -5.74% from the current stock price of 100.50.
Analyst Consensus: Hold
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for WEC stock from 11 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 6 | 6 | 6 | 5 | 5 |
| Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $103 → $108 | Buy | Maintains | $103 → $108 | +7.46% | Oct 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $103 → $106 | Buy | Maintains | $103 → $106 | +5.47% | Oct 16, 2024 |
| Barclays | Barclays | Sell Maintains $86 → $89 | Sell | Maintains | $86 → $89 | -11.44% | Oct 8, 2024 |
| Barclays | Barclays | Sell Maintains $86 → $89 | Sell | Maintains | $86 → $89 | -11.44% | Oct 7, 2024 |
| Keybanc | Keybanc | Buy Maintains $98 → $103 | Buy | Maintains | $98 → $103 | +2.49% | Sep 30, 2024 |
Financial Forecast
Revenue This Year
9.15B
from 8.89B
Increased by 2.83%
Revenue Next Year
9.57B
from 9.15B
Increased by 4.65%
EPS This Year
4.91
from 4.22
Increased by 16.40%
EPS Next Year
5.27
from 4.91
Increased by 7.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.8B | 10.2B | 10.7B | ||
| Avg | 9.1B | 9.6B | 10.0B | ||
| Low | 8.6B | 8.7B | 8.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.0% | 11.7% | 12.0% | ||
| Avg | 2.8% | 4.6% | 4.3% | ||
| Low | -3.8% | -4.7% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.15 | 5.51 | 5.91 | ||
| Avg | 4.91 | 5.27 | 5.63 | ||
| Low | 4.74 | 5.05 | 5.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.9% | 12.2% | 12.0% | ||
| Avg | 16.4% | 7.4% | 6.7% | ||
| Low | 12.3% | 2.8% | 0.3% |
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.