Public Service Enterprise Group Incorporated

NYSE:PEG Stock Report

Market Cap: US$40.2b

Public Service Enterprise Group Future Growth

Future criteria checks 1/6

Public Service Enterprise Group is forecast to grow earnings and revenue by 6% and 4% per annum respectively. EPS is expected to grow by 6% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

6.0%

Earnings growth rate

6.01%

EPS growth rate

Integrated Utilities earnings growth11.3%
Revenue growth rate4.0%
Future return on equity12.85%
Analyst coverage

Good

Last updated23 Apr 2026

Recent future growth updates

Earnings Miss: Public Service Enterprise Group Incorporated Missed EPS By 18% And Analysts Are Revising Their Forecasts

May 03
Earnings Miss: Public Service Enterprise Group Incorporated Missed EPS By 18% And Analysts Are Revising Their Forecasts

Recent updates

Public Service Enterprise Group: The Upside Remains Uncompelling

Apr 02

PEG: Mixed Street Views And LIPA Extension Will Shape Future Risk Reward

Analysts have trimmed their average price target on Public Service Enterprise Group by $0.53 to reflect updated fair value estimates and slightly revised assumptions on revenue growth, profit margins, and future P/E multiples, while recent Street research shows a mix of target cuts and upgrades across the utilities sector. Analyst Commentary Recent Street research on Public Service Enterprise Group reflects a mix of optimism and caution, with several firms adjusting ratings and targets as they reassess valuation, earnings power, and exposure to sector specific themes such as data center demand and political risk.

PEG: Mixed Ratings And Contract Extension Will Shape Future Risk Reward

The updated analyst price target for Public Service Enterprise Group reflects a small downward revision of about $0.24. Analysts are balancing slightly softer revenue growth assumptions against marginally higher profit margin and discount rate inputs, as well as a mixed set of recent rating and target changes from major firms.

PEG: Storage Alignment And Regulatory Execution Will Drive Future Upside

Analysts have trimmed their average price target for Public Service Enterprise Group by about $0.65 to roughly $88.85. The change reflects updated assumptions around fair value, discount rates, revenue growth, profit margins and future P/E multiples following a mix of recent upgrades, downgrades and target changes across the Street.

PEG: Data Center Demand And Storage Alignment Will Drive Future Upside

Analysts have nudged their price targets on Public Service Enterprise Group higher into a band around the low to mid $80s to low $100s, citing valuation support along with expectations for steadier revenue growth, slightly stronger profit margins and a modestly lower future P/E multiple. Analyst Commentary Recent research on Public Service Enterprise Group points to a mix of optimism around valuation support and growth opportunities, balanced by some caution around regulation and project visibility.

There's Reason For Concern Over Public Service Enterprise Group Incorporated's (NYSE:PEG) Price

Jan 03
There's Reason For Concern Over Public Service Enterprise Group Incorporated's (NYSE:PEG) Price

PEG: Data Center Demand And Regulation Will Drive Future Upside

Our updated fair value estimate for Public Service Enterprise Group edges down by approximately $1 to $89.50 per share, as analysts temper margin assumptions and valuation multiples, while still highlighting supportive sector tailwinds, constructive regulation and improving growth prospects relative to peers. Analyst Commentary Recent Street commentary on Public Service Enterprise Group reflects a generally constructive stance on the company within a utilities sector that many see as structurally undervalued, but with some caution around near term regulatory and political noise.

Data Center Demand And New Jersey Infrastructure Will Unlock Value

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.

These 4 Measures Indicate That Public Service Enterprise Group (NYSE:PEG) Is Using Debt Extensively

Aug 19
These 4 Measures Indicate That Public Service Enterprise Group (NYSE:PEG) Is Using Debt Extensively

Estimating The Fair Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)

Jul 14
Estimating The Fair Value Of Public Service Enterprise Group Incorporated (NYSE:PEG)

Investor Optimism Abounds Public Service Enterprise Group Incorporated (NYSE:PEG) But Growth Is Lacking

May 18
Investor Optimism Abounds Public Service Enterprise Group Incorporated (NYSE:PEG) But Growth Is Lacking

Earnings Miss: Public Service Enterprise Group Incorporated Missed EPS By 18% And Analysts Are Revising Their Forecasts

May 03
Earnings Miss: Public Service Enterprise Group Incorporated Missed EPS By 18% And Analysts Are Revising Their Forecasts

Public Service Enterprise Group: Hard To Make A Case For The Stock At The Current Price

Apr 21

Public Service Enterprise: Look Elsewhere For Value

Feb 03

PEG: Positioned To Profit From AI And Nuclear Power

Nov 07

Public Service Enterprise Group: Revisiting The Growth Thesis

Jul 21

Public Service Enterprise Group: A Deserved Valuation Premium, But Shares Near Fair Value

Nov 28

Earnings and Revenue Growth Forecasts

NYSE:PEG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202813,4882,556-3934,08614
12/31/202712,8842,392-7363,79315
12/31/202612,3602,216-9473,59415
12/31/202512,1682,111263,298N/A
9/30/202511,7182,082-1772,944N/A
6/30/202511,1341,980-6442,517N/A
3/31/202510,7521,829-6902,521N/A
12/31/202410,2901,772-1,2472,133N/A
9/30/202410,4302,032-8912,476N/A
6/30/202410,2441,651-9752,540N/A
3/31/202410,2421,808-7532,630N/A
12/31/202311,2372,5634813,806N/A
9/30/202311,7712,8057383,898N/A
6/30/202311,5872,7805153,556N/A
3/31/202311,2422,320-732,868N/A
12/31/20229,8001,031-1,3851,503N/A
9/30/20229,717688-1,5021,259N/A
6/30/20229,348-990-1,6641,043N/A
3/31/20229,146-1,298-1,5911,181N/A
12/31/20219,722-648-9831,736N/A
9/30/20219,068-662-1,1311,763N/A
6/30/20219,5351,477-3862,487N/A
3/31/20219,7112,105582,976N/A
12/31/20209,6031,9051793,102N/A
9/30/20209,6791,9111933,187N/A
6/30/20209,6111,7391243,219N/A
3/31/20209,8771,4411173,314N/A
12/31/201910,0761,6931153,379N/A
9/30/201910,0661,455N/A3,130N/A
6/30/201910,1581,464N/A3,104N/A
3/31/20199,8581,580N/A2,991N/A
12/31/20189,6961,438N/A2,913N/A
9/30/20189,3352,195N/A3,019N/A
6/30/20189,1952,178N/A3,138N/A
3/31/20189,3212,018N/A3,203N/A
12/31/20179,0941,574N/A3,260N/A
9/30/20179,077520N/A3,283N/A
6/30/20179,273452N/A3,344N/A
3/31/20179,036530N/A3,294N/A
12/31/20168,966887N/A3,313N/A
9/30/20169,2491,294N/A3,452N/A
6/30/20169,4871,406N/A3,407N/A
3/31/20169,8961,564N/A3,454N/A
12/31/201510,4151,679N/A3,919N/A
9/30/201510,9101,846N/A3,852N/A
6/30/201510,8631,851N/A3,946N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEG's forecast earnings growth (6% per year) is above the savings rate (3.4%).

Earnings vs Market: PEG's earnings (6% per year) are forecast to grow slower than the US market (16.2% per year).

High Growth Earnings: PEG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEG's revenue (4% per year) is forecast to grow slower than the US market (11.1% per year).

High Growth Revenue: PEG's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PEG's Return on Equity is forecast to be low in 3 years time (12.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/29 18:21
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Public Service Enterprise Group Incorporated is covered by 29 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays