PG&E Consensus Price Target Decreased by 12.41% to $20.15
The average one-year price target for PG&E (NYSE:PCG) has been revised to $20.15 / share. This is a decrease of 12.41% from the prior estimate of $23.01 dated August 25, 2026. These figures represent aggregate analyst targets compiled by Fintel and do not constitute a recommendation orinvestment adviceby Fintel.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $14.14 to a high of $25.20 / share. The average price target represents an increase of 46.04% from the latest reported closing price of $13.80 / share as of September 11, 2026.
This update marks a consecutive decrease in the mean target price, with a consecutive target revision count of 2. Looking at the historical progression, the mean target was $20.15 on September 14, 2026, down from $23.01 on August 28, 2026, $23.21 on August 4, 2026, and $22.98 on June 30, 2026. The observed twelve-month high mean target was $23.21 on August 4, 2026, and the observed twelve-month low mean target was $20.15 on September 14, 2026. This represents a target change of -12.32% since the 90-day baseline date of June 8, 2026. The current target range width of $11.06 has widened from the prior width of $10.21, representing a target range width change percent of +8.33%. The current mean-median gap is $0.63, with the current median target at $20.79, down from the prior median of $22.44, reflecting an absolute median change of $1.65.
In terms of stock performance, PG&E's share price decreased by 3.50% over one week, relative to a baseline close of $14.30 on September 4, 2026. Over a one-month period, the price decreased by 20.23% from a baseline close of $17.30 on August 11, 2026.
The company's latest earnings report was released on July 23, 2026. PG&E reported actual earnings per share (EPS) of 0.4, which was above the estimated EPS of 0.368, representing a positive surprise of +8.70%. Actual revenue for the quarter was $5,902,000,000.00, falling short of the estimated $6,242,335,805.00, which is a revenue surprise of -5.45%.
Recent analyst actions include a downgrade by Truist Securities on September 3, 2026, from Buy to Hold. On the same day, Barclays maintained an Overweight rating, and Mizuho maintained a Neutral rating. On September 4, 2026, B of A Securities maintained its Neutral rating. As of the September 1, 2026 recommendation period, the consensus recommendation total was 22, consisting of 5 strong buy, 9 buy, 8 hold, 0 sell, and 0 strong sell recommendations. This represents a positive recommendation percentage of 63.6% and a hold percentage of 36.4%. In the prior period as of August 1, 2026, the total recommendations were also 22, with 5 strong buy, 11 buy, 6 hold, 0 sell, and 0 strong sell recommendations, representing a positive percentage of 72.7% and a hold percentage of 27.3%.
PG&E operates in the Electric Utilities sub-industry within the Utilities sector. Within this sub-industry, 30 companies are covered. Of these, 7 companies had their targets raised, 19 had their targets lowered, and 4 remained unchanged. The sub-industry median revision percent was -0.36%, and the median implied change percent was +21.15%. PG&E Corporation, headquartered in San Francisco, California, USA, operates as a primary player in the energy sector, specifically focusing on electricity and natural gas. Predominantly serving Northern and Central California, it delivers energy generation and distribution services to approximately 16 million people through its subsidiary Pacific Gas and Electric Company.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.