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NYSE: PEG
Public Service Enterprise Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for PEG

Based on 11 analysts offering 12 month price targets for Public Service Enterprise Group Inc.
Min Forecast
$73.00-18.12%
Avg Forecast
$87.27-2.12%
Max Forecast
$98.00+9.91%

Should I buy or sell PEG stock?

Based on 11 analysts offering ratings for Public Service Enterprise Group Inc.
Buy
Strong Buy
5 analysts 45.45%
Buy
2 analysts 18.18%
Hold
4 analysts 36.36%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PEG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-08
lockedlocked$00.00+00.00%2024-10-08
lockedlocked$00.00+00.00%2024-09-24
lockedlocked$00.00+00.00%2024-09-23Find Out Why
lockedlocked$00.00+00.00%2024-09-13
Bank of America
Top 3%
98
Strong BuyMaintains$88.00-1.30%2024-08-29Find out why
ScotiaBank
Top 26%
75
HoldMaintains$73.00-18.12%2024-08-20
BMO Capital
Top 6%
95
HoldMaintains$86.00-3.54%2024-08-02
RBC Capital
Top 12%
89
BuyMaintains$84.00-5.79%2024-07-15
Guggenheim
Top 21%
80
Strong BuyUpgrades$82.00-8.03%2024-06-17

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Forecast return on equity

Is PEG forecast to generate an efficient return?
Company
14.67%
Industry
15.83%
Market
49.42%
PEG's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PEG forecast to generate an efficient return on assets?
Company
4.43%
Industry
4.28%
PEG is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PEG earnings per share forecast

What is PEG's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$3.67+10.95%
Avg 2 year Forecast
$4.09+23.6%
Avg 3 year Forecast
$4.45+34.44%
PEG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PEG revenue forecast

What is PEG's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$10.1B-1.88%
Avg 2 year Forecast
$10.0B-2.56%
Avg 3 year Forecast
$10.4B+1.09%
PEG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PEG earnings growth forecast

How is PEG forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
10.47%
Industry
9.22%
Market
18.85%
PEG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

PEG revenue growth forecast

How is PEG forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
0.13%
Industry
3.57%
Market
9.86%
PEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PEG vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
PEG$89.16$87.27-2.12%Buy
D$56.93$54.78-3.78%Hold
EXC$39.93$42.71+6.97%Buy
AEP$98.79$101.11+2.35%Buy
PCG$20.24$22.60+11.66%Strong Buy

Public Service Enterprise Group Stock Forecast FAQ

Is Public Service Enterprise Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: PEG) stock is to Buy PEG stock.

Out of 11 analysts, 5 (45.45%) are recommending PEG as a Strong Buy, 2 (18.18%) are recommending PEG as a Buy, 4 (36.36%) are recommending PEG as a Hold, 0 (0%) are recommending PEG as a Sell, and 0 (0%) are recommending PEG as a Strong Sell.

If you're new to stock investing, here's how to buy Public Service Enterprise Group stock.

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

(NYSE: PEG) Public Service Enterprise Group's forecast annual earnings growth rate of 10.47% is forecast to beat the US Utilities - Regulated Electric industry's average forecast earnings growth rate of 9.22%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.85%.

Public Service Enterprise Group's earnings in 2024 is $1,651,000,000.On average, 8 Wall Street analysts forecast PEG's earnings for 2024 to be $1,829,498,726, with the lowest PEG earnings forecast at $1,818,290,088, and the highest PEG earnings forecast at $1,843,198,172. On average, 8 Wall Street analysts forecast PEG's earnings for 2025 to be $2,038,128,832, with the lowest PEG earnings forecast at $1,977,701,822, and the highest PEG earnings forecast at $2,142,095,172.

In 2026, PEG is forecast to generate $2,216,819,423 in earnings, with the lowest earnings forecast at $2,042,462,839 and the highest earnings forecast at $2,460,918,640.

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

(NYSE: PEG) Public Service Enterprise Group's forecast annual revenue growth rate of 0.13% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.86%.

Public Service Enterprise Group's revenue in 2024 is $10,244,000,000.On average, 3 Wall Street analysts forecast PEG's revenue for 2024 to be $5,007,393,059,187, with the lowest PEG revenue forecast at $4,895,135,814,435, and the highest PEG revenue forecast at $5,155,689,311,649. On average, 4 Wall Street analysts forecast PEG's revenue for 2025 to be $4,972,277,145,048, with the lowest PEG revenue forecast at $4,452,539,597,046, and the highest PEG revenue forecast at $5,513,254,812,090.

In 2026, PEG is forecast to generate $5,158,713,651,136 in revenue, with the lowest revenue forecast at $4,512,694,611,103 and the highest revenue forecast at $5,903,330,342,984.

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

(NYSE: PEG) forecast ROA is 4.43%, which is higher than the forecast US Utilities - Regulated Electric industry average of 4.28%.

What is PEG's Price Target?

According to 11 Wall Street analysts that have issued a 1 year PEG price target, the average PEG price target is $87.27, with the highest PEG stock price forecast at $98.00 and the lowest PEG stock price forecast at $73.00.

On average, Wall Street analysts predict that Public Service Enterprise Group's share price could fall to $87.27 by Oct 8, 2025. The average Public Service Enterprise Group stock price prediction forecasts a potential downside of 2.12% from the current PEG share price of $89.16.

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

(NYSE: PEG) Public Service Enterprise Group's current Earnings Per Share (EPS) is $3.31. On average, analysts forecast that PEG's EPS will be $3.67 for 2024, with the lowest EPS forecast at $3.65, and the highest EPS forecast at $3.70. On average, analysts forecast that PEG's EPS will be $4.09 for 2025, with the lowest EPS forecast at $3.97, and the highest EPS forecast at $4.30. In 2026, PEG's EPS is forecast to hit $4.45 (min: $4.10, max: $4.94).

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

(NYSE: PEG) forecast ROE is 14.67%, which is considered weak.
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