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

OverviewForecast
EarningsDividendOwnership

Analyst price target for WEC

Based on 10 analysts offering 12 month price targets for Wec Energy Group Inc.
Min Forecast
$75.00-9.23%
Avg Forecast
$87.10+5.41%
Max Forecast
$96.00+16.18%

Should I buy or sell WEC stock?

Based on 10 analysts offering ratings for Wec Energy Group Inc.
Hold
Strong Buy
3 analysts 30%
Buy
1 analysts 10%
Hold
3 analysts 30%
Sell
1 analysts 10%
Strong Sell
2 analysts 20%

Be the first to know when Wall Street analysts revise their WEC stock forecasts and price targets.

WEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-02-08
Wells Fargo
Top 15%
86
Strong BuyMaintains$91.00+10.13%2024-02-02
JP Morgan
Top 19%
82
Strong SellDowngrades$84.00+1.66%2024-02-02
Bank of America
Top 5%
96
SellDowngrades$78.00-5.60%2024-01-04
Mizuho
Top 18%
83
Strong BuyMaintains$86.00+4.08%2023-12-18
JP Morgan
Bottom 33%
33
HoldMaintains$93.00+12.55%2023-11-30

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Forecast return on equity

Is WEC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

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

WEC revenue forecast

What is WEC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$9.6B+7.76%
Avg 2 year Forecast
$9.9B+11.41%
Avg 3 year Forecast
$10.3B+15.55%
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
8.57%
Industry
8.54%
Market
21.81%
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
4.91%
Industry
3.89%
Market
10.08%
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$82.63$87.10+5.41%Hold
EIX$70.82$72.71+2.67%Buy
DTE$111.55$115.13+3.20%Buy
ETR$106.46$109.90+3.23%Buy
FE$38.30$41.00+7.05%Buy
View Top Regulated Electric Utility Stocks

Wec Energy Group Stock Forecast FAQ

Is Wec Energy Group Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 10 analysts, 3 (30%) are recommending WEC as a Strong Buy, 1 (10%) are recommending WEC as a Buy, 3 (30%) are recommending WEC as a Hold, 1 (10%) are recommending WEC as a Sell, and 2 (20%) 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 revenue growth forecast for 2024-2026?

(NYSE: WEC) Wec Energy Group's forecast annual revenue growth rate of 4.91% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Wec Energy Group's revenue in 2024 is $8,893,000,000.On average, 3 Wall Street analysts forecast WEC's revenue for 2024 to be $3,024,195,091,299, with the lowest WEC revenue forecast at $3,000,854,268,651, and the highest WEC revenue forecast at $3,059,570,798,816. On average, 3 Wall Street analysts forecast WEC's revenue for 2025 to be $3,126,435,127,170, with the lowest WEC revenue forecast at $3,105,541,799,593, and the highest WEC revenue forecast at $3,144,466,311,852.

In 2026, WEC is forecast to generate $3,242,565,865,150 in revenue, with the lowest revenue forecast at $3,212,649,687,317 and the highest revenue forecast at $3,264,294,484,044.

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

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

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 $87.10, with the highest WEC stock price forecast at $96.00 and the lowest WEC stock price forecast at $75.00.

On average, Wall Street analysts predict that Wec Energy Group's share price could reach $87.10 by Apr 22, 2025. The average Wec Energy Group stock price prediction forecasts a potential upside of 5.41% from the current WEC share price of $82.63.

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

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