PG&E (PCG) analyst forecast and price target
Analyst forecast
Consensus of 20 analyst ratings
Based on 5 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| BMO Capital | Downgraded | Outperform → Market Perform | $21.00 from $28.00 | Aug 31, 2026 |
| Mizuho | Downgraded | Outperform → Neutral | $16.00 from $21.00 | Aug 31, 2026 |
| Wells Fargo | Downgraded | Overweight → Equal-Weight | $24.00 from $25.00 | Aug 31, 2026 |
| Morgan Stanley | Maintained | Equal-Weight | $22.00 from $23.00 | Aug 21, 2026 |
| Truist Securities | Maintained | Buy | $21.00 from $23.00 | Aug 4, 2026 |
| BMO Capital | Maintained | Outperform | $28.00 from $27.00 | Jul 24, 2026 |
| BMO Capital | Maintained | Outperform | $27.00 from $28.00 | Jul 22, 2026 |
| Truist Securities | Maintained | Buy | $22.00 from $23.00 | May 18, 2026 |
| JP Morgan | Maintained | Overweight | $23.00 from $24.00 | May 15, 2026 |
| Truist Securities | Initiated Coverage | Buy | $23.00 | Apr 21, 2026 |
| Jefferies | Downgraded | Buy → Hold | $19.00 from $20.00 | Mar 23, 2026 |
| JP Morgan | Maintained | Overweight | $24.00 from $21.00 | Mar 18, 2026 |
| UBS | Upgraded | Neutral → Buy | $23.00 from $20.00 | Mar 9, 2026 |
| UBS | Maintained | Neutral | $20.00 from $18.00 | Feb 20, 2026 |
| Barclays | Maintained | Overweight | $23.00 from $21.00 | Feb 18, 2026 |
| Jefferies | Maintained | Buy | $20.00 from $21.00 | Jan 28, 2026 |
| Wells Fargo | Maintained | Overweight | $24.00 from $23.00 | Jan 20, 2026 |
| JP Morgan | Maintained | Overweight | $21.00 from $22.00 | Dec 12, 2025 |
| Wells Fargo | Initiated Coverage | Overweight | $23.00 | Oct 28, 2025 |
| UBS | Maintained | Neutral | $18.00 from $17.00 | Oct 24, 2025 |
Frequently asked questions
What is the price target for PCG stock?
The average 12-month analyst price target for PG&E (PCG) is $20.80, with a high estimate of $24.00 and a low of $16.00, across 5 analysts.
Is PCG a buy, sell, or hold?
Analysts covering PG&E currently average a Buy rating: 15 buy, 5 hold and 0 sell, from 20 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for PCG?
The average price target of $20.80 implies 53.39% upside from the last price of $13.56.
What is the latest analyst rating on PCG?
On Aug 31, 2026, BMO Capital downgraded PG&E to Market Perform with a price target of $21.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.