Update shared on04 Sep 2025
Analysts maintained their consensus price target for Public Service Enterprise Group at $90.61, balancing optimism about the company’s long-term nuclear and renewables prospects with concerns over brief utility underperformance and ongoing regulatory negotiations.
Analyst Commentary
- Bullish analysts highlighted PSEG’s long-term nuclear portfolio advantages as underappreciated by the market, contributing to upward target revisions.
- Positive momentum in guidance for large scale renewables and residential solar initiatives supported optimism among bullish analysts.
- Outperformance of utility stocks versus the S&P in recent months prompted higher price targets from several analysts.
- Bearish analysts cited brief periods of utilities underperforming the broader market as a factor in modest downward revisions.
- Noted ongoing stakeholder negotiations in New Jersey regarding resource adequacy and affordability, though seen as being in preliminary stages, contributed to mixed price target changes.
What's in the News
- Barclays reduced its price target on Public Service Enterprise Group (PSEG) to $82 from $83, maintaining an Equal Weight rating ahead of Q2 utility sector earnings (Barclays, 2025-07-10).
Valuation Changes
Summary of Valuation Changes for Public Service Enterprise Group
- The Consensus Analyst Price Target remained effectively unchanged, at $90.61.
- The Consensus Revenue Growth forecasts for Public Service Enterprise Group remained effectively unchanged, at 3.5% per annum.
- The Net Profit Margin for Public Service Enterprise Group remained effectively unchanged, at 19.93%.
Disclaimer
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