Free Trial

Public Service Enterprise Group (PEG) Stock Forecast & Price Target

Public Service Enterprise Group logo
$81.59 +1.85 (+2.32%)
Closing price 03/14/2025 03:59 PM Eastern
Extended Trading
$80.75 -0.84 (-1.02%)
As of 03/14/2025 07:33 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Public Service Enterprise Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
8

Based on 13 Wall Street analysts who have issued ratings for Public Service Enterprise Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 5 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for PEG.

Consensus Price Target

$89.83
10.11% Upside
According to the 13 analysts' twelve-month price targets for Public Service Enterprise Group, the average price target is $89.83. The highest price target for PEG is $98.00, while the lowest price target for PEG is $80.00. The average price target represents a forecasted upside of 10.11% from the current price of $81.59.
Get the Latest News and Ratings for PEG and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Public Service Enterprise Group and its competitors.

Sign Up

PEG Analyst Ratings Over Time

TypeCurrent Forecast
3/15/24 to 3/15/25
1 Month Ago
2/14/24 to 2/13/25
3 Months Ago
12/16/23 to 12/15/24
1 Year Ago
3/16/23 to 3/15/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$89.83$88.83$89.17$64.55
Forecasted Upside10.11% Upside5.85% Upside2.71% Upside1.19% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Remove Ads

PEG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PEG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Public Service Enterprise Group Stock vs. The Competition

TypePublic Service Enterprise GroupUtilities CompaniesS&P 500
Consensus Rating Score
2.69
2.57
2.54
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.11% Upside24.45% Upside19.61% Upside
News Sentiment Rating
Positive News

See Recent PEG News
Positive News
Positive News
Remove Ads
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/3/2025Bank of America
3 of 5 stars
Julien Dumoulin-Smith
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ Buy$95.00 ➝ $92.00+13.45%
2/26/2025Guggenheim
2 of 5 stars
Shahriar Pourreza
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$98.00 ➝ $98.00+16.47%
2/26/2025BMO Capital Markets
4 of 5 stars
James Thalacker
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetMarket Perform ➝ Market Perform$85.00 ➝ $86.00+2.11%
2/26/2025Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Neil Kalton
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetOverweight ➝ Overweight$100.00 ➝ $95.00+14.14%
1/27/2025Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Nicholas Campanella
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOverweight ➝ Equal Weight$88.00 ➝ $84.00-4.59%
12/12/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector Perform ➝ Sector Perform$73.00 ➝ $86.00-0.74%
10/30/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$94.00 ➝ $98.00+10.75%
10/8/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$92.00 ➝ $95.00+4.02%
9/23/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$83.00 ➝ $95.00+9.50%
9/13/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$85.00+2.03%
8/5/2024LADENBURG THALM/SH SH
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Fremont
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
7/15/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$80.00 ➝ $84.00+12.28%
5/23/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$65.00 ➝ $80.00+7.63%
12/1/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$68.00 ➝ $70.00+10.83%
6/7/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$64.00+2.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:23 AM ET.


Should I Buy Public Service Enterprise Group Stock? PEG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, March 7, 2025. Please send any questions or comments about these Public Service Enterprise Group pros and cons to contact@marketbeat.com.

Public Service Enterprise Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Public Service Enterprise Group Incorporated:

  • The company recently increased its quarterly dividend from $0.60 to $0.63 per share, reflecting a commitment to returning value to shareholders. This increase represents an annualized dividend of $2.52, providing a dividend yield of approximately 3.19%, which can be attractive for income-focused investors.
  • Public Service Enterprise Group Incorporated reported a quarterly revenue of $2.47 billion, significantly exceeding analysts' expectations of $2.03 billion. This strong performance indicates robust operational efficiency and demand for its services.
  • The firm has a solid return on equity of 10.70%, which suggests effective management in generating profits from shareholders' equity. A higher return on equity is generally viewed positively by investors as it indicates a company is using its capital effectively.
  • With a current stock price around $83.10, the stock is positioned within a reasonable range compared to its price targets set by analysts, which average around $89.83. This suggests potential for price appreciation, making it an appealing investment opportunity.
  • The company has a relatively low beta of 0.60, indicating that its stock is less volatile than the market. This can be appealing for risk-averse investors looking for stability in their investment portfolio.

Public Service Enterprise Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Public Service Enterprise Group Incorporated for these reasons:

  • The company's revenue for the latest quarter was down 5.4% year-over-year, which may raise concerns about its growth trajectory and ability to maintain profitability in a competitive market.
  • Despite beating earnings expectations, the earnings per share (EPS) of $0.84 is only a slight increase from $0.54 in the same quarter last year, indicating that growth may be stagnating.
  • The PEG ratio stands at 2.78, which suggests that the stock may be overvalued relative to its earnings growth rate. A higher PEG ratio can indicate that a stock is priced too high compared to its growth potential, which may deter value investors.
  • Insider ownership is relatively low at 0.57%, which may suggest a lack of confidence from executives in the company's future performance. Low insider ownership can sometimes be a red flag for investors.
  • Institutional investors hold a significant 73.34% of the company's stock, which can lead to increased volatility if these investors decide to sell their positions, potentially impacting the stock price negatively.

PEG Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Public Service Enterprise Group is $89.83, with a high forecast of $98.00 and a low forecast of $80.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Public Service Enterprise Group in the last year. There are currently 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PEG shares.

According to analysts, Public Service Enterprise Group's stock has a predicted upside of 10.11% based on their 12-month stock forecasts.

Over the previous 90 days, Public Service Enterprise Group's stock had 1 downgrade by analysts.

Public Service Enterprise Group has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Guggenheim, and Wells Fargo & Company in the past 90 days.

Analysts like Public Service Enterprise Group more than other "utilities" companies. The consensus rating score for Public Service Enterprise Group is 2.69 while the average consensus rating score for "utilities" companies is 2.57. Learn more on how PEG compares to other companies.


This page (NYSE:PEG) was last updated on 3/15/2025 by MarketBeat.com Staff
From Our Partners