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

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Analyst price target for WEC

Based on 8 analysts offering 12 month price targets for Wec Energy Group Inc.
Min Forecast
$85.00-12.63%
Avg Forecast
$97.13-0.17%
Max Forecast
$109.00+12.04%

Should I buy or sell WEC stock?

Based on 8 analysts offering ratings for Wec Energy Group Inc.
Buy
Strong Buy
3 analysts 37.5%
Buy
0 analysts 0%
Hold
4 analysts 50%
Sell
1 analysts 12.5%
Strong Sell
0 analysts 0%

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WEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Top 19%
82
SellMaintains$93.00-4.41%2022-11-03
KeyBanc
Top 8%
93
Strong BuyMaintains$94.00-3.38%2022-10-20
Wells Fargo
Top 5%
96
Strong BuyMaintains$100.00+2.79%2022-10-19
Mizuho
Top 25%
76
HoldMaintains$85.00-12.63%2022-10-17
BMO Capital
Top 30%
71
HoldMaintains$93.00-4.41%2022-10-04
Barclays
Top 12%
89
HoldMaintains$104.00+6.90%2022-07-18
Bank of America
Top 6%
95
Strong BuyUpgrades$109.00+12.04%2022-05-13
Goldman Sachs
Top 15%
86
HoldUpgrades$99.00+1.76%2022-01-13

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Forecast return on equity

Is WEC forecast to generate an efficient return?
Company
14.28%
Industry
13.6%
Market
64.75%
WEC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WEC forecast to generate an efficient return on assets?
Company
3.98%
Industry
3.55%
WEC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WEC earnings per share forecast

What is WEC's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.39+0.46%
Avg 2 year Forecast
$4.60+5.26%
Avg 3 year Forecast
$4.88+11.67%
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WEC revenue forecast

What is WEC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$9.1B-1.95%
Avg 2 year Forecast
$9.2B-0.78%
Avg 3 year Forecast
$9.4B+2%
WEC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WEC earnings growth forecast

How is WEC forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
3.64%
Industry
10.81%
Market
16.96%
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WEC's earnings are forecast to... subscribe to Premium to read more.
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
0.57%
Industry
3.98%
Market
6.76%
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$97.29$97.13-0.17%Buy
ES$83.91$90.30+7.62%Hold
ED$97.85$85.64-12.48%Sell
EIX$65.52$68.83+5.06%Hold
XEL$70.19$69.91-0.40%Buy
View Top Regulated Electric Utility Stocks

Wec Energy Group Stock Forecast FAQ

Is Wec Energy Group Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: WEC) stock is to Buy WEC stock.

Out of 8 analysts, 3 (37.5%) are recommending WEC as a Strong Buy, 0 (0%) are recommending WEC as a Buy, 4 (50%) are recommending WEC as a Hold, 1 (12.5%) are recommending WEC as a Sell, and 0 (0%) 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 earnings growth forecast for 2022-2024?

(NYSE: WEC) Wec Energy Group's forecast annual earnings growth rate of 3.64% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast earnings growth rate of 10.81%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.96%.

Wec Energy Group's earnings in 2022 is $1,379,600,000.On average, 6 Wall Street analysts forecast WEC's earnings for 2022 to be $1,384,757,591, with the lowest WEC earnings forecast at $1,381,603,246, and the highest WEC earnings forecast at $1,387,911,936. On average, 7 Wall Street analysts forecast WEC's earnings for 2023 to be $1,450,998,843, with the lowest WEC earnings forecast at $1,435,227,116, and the highest WEC earnings forecast at $1,457,307,533.

In 2024, WEC is forecast to generate $1,539,320,511 in earnings, with the lowest earnings forecast at $1,523,548,785 and the highest earnings forecast at $1,548,783,547.

What is WEC's revenue growth forecast for 2022-2024?

(NYSE: WEC) Wec Energy Group's forecast annual revenue growth rate of 0.57% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.98%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.76%.

Wec Energy Group's revenue in 2022 is $9,240,900,000.On average, 5 Wall Street analysts forecast WEC's revenue for 2022 to be $2,857,995,198,995, with the lowest WEC revenue forecast at $2,786,804,148,824, and the highest WEC revenue forecast at $2,928,588,816,163. On average, 5 Wall Street analysts forecast WEC's revenue for 2023 to be $2,892,107,550,915, with the lowest WEC revenue forecast at $2,688,271,864,376, and the highest WEC revenue forecast at $3,085,738,299,508.

In 2024, WEC is forecast to generate $2,973,215,231,871 in revenue, with the lowest revenue forecast at $2,776,423,198,409 and the highest revenue forecast at $3,187,087,414,318.

What is WEC's forecast return on assets (ROA) for 2022-2025?

(NYSE: WEC) forecast ROA is 3.98%, which is higher than the forecast US Utilities - Regulated Electric industry average of 3.55%.

What is WEC's Price Target?

According to 8 Wall Street analysts that have issued a 1 year WEC price target, the average WEC price target is $97.13, with the highest WEC stock price forecast at $109.00 and the lowest WEC stock price forecast at $85.00.

On average, Wall Street analysts predict that Wec Energy Group's share price could fall to $97.13 by Nov 3, 2023. The average Wec Energy Group stock price prediction forecasts a potential downside of 0.17% from the current WEC share price of $97.29.

What is WEC's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: WEC) Wec Energy Group's current Earnings Per Share (EPS) is $4.37. On average, analysts forecast that WEC's EPS will be $4.39 for 2022, with the lowest EPS forecast at $4.38, and the highest EPS forecast at $4.40. On average, analysts forecast that WEC's EPS will be $4.60 for 2023, with the lowest EPS forecast at $4.55, and the highest EPS forecast at $4.62. In 2024, WEC's EPS is forecast to hit $4.88 (min: $4.83, max: $4.91).

What is WEC's forecast return on equity (ROE) for 2022-2025?

(NYSE: WEC) forecast ROE is 14.28%, which is considered weak.
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