WEC Energy Group, Inc. (WEC)

WEC Energy Group Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for WEC Energy Group stock have an average target of 100.25, with a low estimate of 88 and a high estimate of 115. The average target predicts a decrease of -5.22% from the current stock price of 105.77.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$88	$100.25	$100	$115
Change	-16.80%	-5.22%	-5.46%	+8.73%

* Price targets were last updated on Feb 5, 2025.

Analyst Ratings

The average analyst rating for WEC Energy Group stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	0	0	0
Buy	3	3	3	3	3	3
Hold	5	5	4	5	5	4
Sell	2	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	10	10	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Thalacker BMO Capital	BMO Capital	Hold Maintains $95 → $100	Hold	Maintains	$95 → $100	-5.46%	Feb 5, 2025
Neil Kalton Wells Fargo	Wells Fargo	Buy Maintains $112 → $115	Buy	Maintains	$112 → $115	+8.73%	Feb 5, 2025
Nicholas Campanella Barclays	Barclays	Sell → Hold Upgrades $89 → $93	Sell → Hold	Upgrades	$89 → $93	-12.07%	Jan 2, 2025
Julien Dumoulin-Smith B of A Securities	B of A Securities	Sell → Hold Upgrades $90 → $98	Sell → Hold	Upgrades	$90 → $98	-7.35%	Dec 12, 2024
Andrew Weisel Scotiabank	Scotiabank	Buy Maintains $103 → $110	Buy	Maintains	$103 → $110	+4.00%	Dec 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.48B

Increased by 10.21%

from 8.60B

Revenue Next Year

9.91B

Increased by 4.55%

from 9.48B

EPS This Year

5.28

Increased by 9.37%

from 4.83

EPS Next Year

5.65

Increased by 6.88%

from 5.28

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	7.24B	8.32B	9.60B	8.89B	8.60B	9.48B	9.91B	10.29B
Revenue Growth	-3.74%	14.83%	15.41%	-7.34%	-3.30%	10.21%	4.55%	3.86%
EPS	3.79	4.11	4.45	4.22	4.83	5.28	5.65	6.03
EPS Growth	5.87%	8.44%	8.27%	-5.17%	14.45%	9.37%	6.88%	6.73%
Forward PE	-	-	-	-	-	20.02	18.73	17.55
No. Analysts	-	-	-	-	-	19	18	14

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	10.2B	10.6B	11.2B
Avg	9.5B	9.9B	10.3B
Low	8.7B	8.6B	8.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	18.7%	12.2%	12.9%
Avg	10.2%	4.5%	3.9%
Low	1.3%	-9.3%	-14.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	5.51	5.88	6.35
Avg	5.28	5.65	6.03
Low	5.10	5.46	5.80

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	14.1%	11.3%	12.5%
Avg	9.4%	6.9%	6.7%
Low	5.5%	3.3%	2.8%

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.