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NYSE: WEC
Wec Energy Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for WEC

Based on 10 analysts offering 12 month price targets for Wec Energy Group Inc.
Min Forecast
$83.00-2.86%
Avg Forecast
$96.20+12.59%
Max Forecast
$104.00+21.72%

Should I buy or sell WEC stock?

Based on 10 analysts offering ratings for Wec Energy Group Inc.
Buy
Strong Buy
4 analysts 40%
Buy
0 analysts 0%
Hold
5 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 10%

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WEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Ladenburg Thalmann
Top 17%
84
HoldInitiates Coverage On$85.00-0.51%2023-09-11
Barclays
Top 10%
91
Strong SellInitiates Coverage On$83.00-2.86%2023-08-23
JP Morgan
Top 33%
68
HoldMaintains$99.00+15.87%2023-08-16
BMO Capital
Bottom 15%
15
HoldMaintains$95.00+11.19%2023-08-02
Wells Fargo
Top 11%
90
Strong BuyMaintains$104.00+21.72%2023-08-02
KeyBanc
Bottom 9%
9
Strong BuyMaintains$102.00+19.38%2023-07-19
Guggenheim
Bottom 16%
16
HoldMaintains$94.00+10.02%2023-07-07
Mizuho
Top 23%
78
Strong BuyReiterates$98.00+14.70%2023-06-30
UBS
Bottom 29%
29
HoldMaintains$99.00+15.87%2023-05-22
Bank of America
Top 5%
96
Strong BuyMaintains$103.00+20.55%2023-05-03

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Forecast return on equity

Is WEC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.82%

Forecast return on assets

Is WEC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

WEC earnings growth forecast

How is WEC forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
6.26%
Industry
14.26%
Market
20.23%
WEC'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

WEC revenue growth forecast

How is WEC forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
1.83%
Industry
1.72%
Market
8.15%
WEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WEC vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
WEC$85.44$96.20+12.59%Buy
EIX$68.07$71.43+4.93%Hold
PEG$60.52$65.45+8.15%Buy
ED$90.83$88.09-3.02%Sell
DTE$106.21$121.43+14.33%Strong Buy

Wec Energy Group Stock Forecast FAQ

Is Wec Energy Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: WEC) stock is to Buy WEC stock.

Out of 10 analysts, 4 (40%) are recommending WEC as a Strong Buy, 0 (0%) are recommending WEC as a Buy, 5 (50%) are recommending WEC as a Hold, 0 (0%) are recommending WEC as a Sell, and 1 (10%) are recommending WEC as a Strong Sell.

If you're new to stock investing, here's how to buy Wec Energy Group stock.

What is WEC's forecast return on equity (ROE) for 2023-2026?

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

What is WEC's Price Target?

According to 10 Wall Street analysts that have issued a 1 year WEC price target, the average WEC price target is $96.20, with the highest WEC stock price forecast at $104.00 and the lowest WEC stock price forecast at $83.00.

On average, Wall Street analysts predict that Wec Energy Group's share price could reach $96.20 by Sep 11, 2024. The average Wec Energy Group stock price prediction forecasts a potential upside of 12.59% from the current WEC share price of $85.44.

What is WEC's forecast return on assets (ROA) for 2023-2026?

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