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NYSE: FE
Firstenergy Corp Stock Forecast, Predictions & Price Target

Analyst price target for FE

Based on 6 analysts offering 12 month price targets for Firstenergy Corp.
Min Forecast
$35.00-9.72%
Avg Forecast
$41.67+7.47%
Max Forecast
$46.00+18.65%

Should I buy or sell FE stock?

Based on 6 analysts offering ratings for Firstenergy Corp.
Buy
Strong Buy
3 analysts 50%
Buy
0 analysts 0%
Hold
2 analysts 33.33%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%

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FE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-06-03
lockedlocked$00.00+00.00%2024-05-28
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-10
KeyBanc
Bottom 4%
4
Strong BuyMaintains$43.00+10.91%2024-01-04

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Forecast return on equity

Is FE forecast to generate an efficient return?
Company
N/A
Industry
7.37%
Market
82.5%

Forecast return on assets

Is FE forecast to generate an efficient return on assets?
Company
N/A
Industry
2.11%

FE earnings per share forecast

What is FE's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$2.69+45.27%
Avg 2 year Forecast
$2.89+56.39%
Avg 3 year Forecast
$3.06+65.41%
FE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FE revenue forecast

What is FE's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$13.5B+4.73%
Avg 2 year Forecast
$14.1B+9.18%
Avg 3 year Forecast
$14.5B+12.18%
FE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FE earnings growth forecast

How is FE forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
18.35%
Industry
8.9%
Market
18.82%
FE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FE revenue growth forecast

How is FE forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
3.97%
Industry
3.6%
Market
9.95%
FE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FE vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
FE$38.77$41.67+7.47%Buy
ETR$107.02$114.61+7.09%Buy
DTE$112.14$116.50+3.89%Buy
ES$59.01$64.54+9.37%Buy
PPL$28.08$32.88+17.08%Strong Buy

Firstenergy Stock Forecast FAQ

Is Firstenergy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: FE) stock is to Buy FE stock.

Out of 6 analysts, 3 (50%) are recommending FE as a Strong Buy, 0 (0%) are recommending FE as a Buy, 2 (33.33%) are recommending FE as a Hold, 1 (16.67%) are recommending FE as a Sell, and 0 (0%) are recommending FE as a Strong Sell.

If you're new to stock investing, here's how to buy Firstenergy stock.

What is FE's earnings growth forecast for 2024-2026?

(NYSE: FE) Firstenergy's forecast annual earnings growth rate of 18.35% is forecast to beat the US Utilities - Regulated Electric industry's average forecast earnings growth rate of 8.9%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.82%.

Firstenergy's earnings in 2024 is $1,063,000,000.On average, 4 Wall Street analysts forecast FE's earnings for 2024 to be $1,546,700,519, with the lowest FE earnings forecast at $1,536,628,980, and the highest FE earnings forecast at $1,559,649,639. On average, 3 Wall Street analysts forecast FE's earnings for 2025 to be $1,665,141,808, with the lowest FE earnings forecast at $1,663,242,604, and the highest FE earnings forecast at $1,668,997,769.

In 2026, FE is forecast to generate $1,761,080,404 in earnings, with the lowest earnings forecast at $1,761,080,404 and the highest earnings forecast at $1,761,080,404.

What is FE's revenue growth forecast for 2024-2026?

(NYSE: FE) Firstenergy's forecast annual revenue growth rate of 3.97% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.6%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Firstenergy's revenue in 2024 is $12,926,000,000.On average, 2 Wall Street analysts forecast FE's revenue for 2024 to be $7,791,344,875,518, with the lowest FE revenue forecast at $7,753,219,786,831, and the highest FE revenue forecast at $7,829,469,964,206. On average, 3 Wall Street analysts forecast FE's revenue for 2025 to be $8,121,756,363,808, with the lowest FE revenue forecast at $8,041,772,235,562, and the highest FE revenue forecast at $8,210,413,525,286.

In 2026, FE is forecast to generate $8,344,951,435,429 in revenue, with the lowest revenue forecast at $8,326,313,334,484 and the highest revenue forecast at $8,370,248,261,956.

What is FE's forecast return on assets (ROA) for 2024-2027?

(NYSE: FE) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of 2.11%.

What is FE's Price Target?

According to 6 Wall Street analysts that have issued a 1 year FE price target, the average FE price target is $41.67, with the highest FE stock price forecast at $46.00 and the lowest FE stock price forecast at $35.00.

On average, Wall Street analysts predict that Firstenergy's share price could reach $41.67 by Jun 3, 2025. The average Firstenergy stock price prediction forecasts a potential upside of 7.47% from the current FE share price of $38.77.

What is FE's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: FE) Firstenergy's current Earnings Per Share (EPS) is $1.85. On average, analysts forecast that FE's EPS will be $2.69 for 2024, with the lowest EPS forecast at $2.67, and the highest EPS forecast at $2.71. On average, analysts forecast that FE's EPS will be $2.89 for 2025, with the lowest EPS forecast at $2.89, and the highest EPS forecast at $2.90. In 2026, FE's EPS is forecast to hit $3.06 (min: $3.06, max: $3.06).

What is FE's forecast return on equity (ROE) for 2024-2027?

(NYSE: FE) forecast ROE is N/A, which is considered weak.
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