FMP
Oct 14, 2025
On October 14, 2025, BMO Capital set a new price target of $25 for PG&E Corporation (NYSE:PCG). At the time, the stock was trading at $15.97, suggesting a potential upside of about 56.54%. PG&E is a major utility company in California, known for its focus on grid upgrades and green energy initiatives. It competes in the Zacks Utility Electric Power industry.
PG&E is projecting earnings per share (EPS) of $1.50 for 2025, with revenues expected to reach $26.2 billion. This indicates strong year-over-year growth. The company plans to invest $63 billion from 2024 to 2028 to improve its infrastructure's safety, reliability, and resilience. These investments are part of PG&E's strategy to enhance its position in the utility sector.
In 2024, PG&E achieved 580 megawatts of battery storage, advancing its renewable and zero-carbon energy goals. This aligns with its commitment to green energy and positions the company as a strong investment opportunity. PG&E's stock is rated as a Zacks Rank #2 (Buy), highlighting its potential as a solid investment pick.
PG&E's market capitalization is approximately $35 billion, and it is considered a lower-risk investment after addressing wildfire-related challenges. The company benefits from California's $18 billion wildfire fund, which reduces its liability share. PG&E is also working on undergrounding power lines to mitigate future wildfire risks.
The stock for PCG is currently priced at $15.97, with a change of $0.11, or 0.69%. During the trading day, it fluctuated between $15.88 and $16.12. Over the past year, PCG reached a high of $21.72 and a low of $12.97. Today's trading volume for PCG stands at 15.4 million shares, reflecting investor interest.
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