DailyIQ
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Sector:UtilitiesAll sectors
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FE·FirstEnergy Corp.

$.
-. (-.%)
After Hours
High
$48.40
Open
$48.03
Market Cap
28.05B
52W High
$52.34
Low
$47.50
P. Close
$48.09
P/E
26.34
52W Low
$39.34
Fwd P/E
16.18
DailyIQ Est.
$52.94
Technical Score (1D)
59
BUY
News Sentiment
50
MIXED
FirstEnergy is set to report Q2 2026 earnings on July 28, with analysts projecting a single‑digit rise in net income driven by modest revenue growth and stable operating margins. The upcoming results will also shed light on the company’s capital‑expenditure plans for grid upgrades and its stance on renewable‑energy investments, which could influence future rate‑setting decisions. UBS has lifted its price target to $53 from $51, citing an optimistic regulatory backdrop and expected earnings improvement, a move that signals a bullish view for the next trading week. Morgan Stanley followed suit, raising its target to $52 and maintaining an overweight rating, underscoring confidence in FirstEnergy’s EV‑charging infrastructure and regulated‑utility resilience. FirstEnergy’s expansion of its data‑center pipeline through the Energize365 program is poised to capture the surging demand for high‑density power, potentially boosting earnings visibility over the coming months. The company’s recent installation of a 55‑ton transformer at the Lakewood substation marks a tangible reliability upgrade that could reduce outage costs and improve regulatory compliance metrics. A PR‑issued heat‑wave advisory this week highlights FirstEnergy’s focus on customer support during peak demand, which may affect short‑term load curves and rate‑adjustment discussions. New appointments of a Chief Ethics & Compliance Officer and a Chief Information Officer signal a heightened emphasis on governance and cybersecurity, factors that could shape capital allocation and risk‑management strategies. Traders should monitor the Q2 earnings release for any revisions to EPS guidance, capital‑expenditure commitments, and regulatory outlook, as these will directly inform the company’s near‑term valuation. Additionally, watch for updates on the data‑center pipeline approvals and transformer deployment progress, as they represent second‑order drivers of future revenue growth and reliability performance.
Earnings Summary
FirstEnergy Corp. is a U.S. regulated electric utility that delivers electricity through a vast network of distribution and transmission lines across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York, positioning it firmly within the utilities sector. In the most recent reporting cycle, the company posted Q1 2026 earnings of $0.72 EPS against an estimate of $0.71548, a modest beat, while revenue rose to $4.202 billion from $3.797 billion in Q4 2025, marking a 10.9% increase; the prior quarter, Q3 2025, saw a $0.83 EPS beat and a 22.9% revenue jump to $4.148 billion, but Q2 2025’s $0.52 EPS beat was offset by a 10.8% revenue decline to $3.38 billion, and Q4 2024’s $0.67 EPS missed estimates by $0.01934. Across the six quarters with available data, FirstEnergy achieved four EPS beats and two misses, with revenue growth fluctuating between double‑digit gains and modest declines, reflecting a mixed but generally upward trend. Historically, the utility has shown a pattern of revenue expansion in high‑growth quarters (Q3 2025, Q1 2026) juxtaposed with earnings misses in Q4 2024 and Q4 2025, suggesting that while top‑line growth is achievable, margin pressures or regulatory factors can temper profitability. Recent news highlights the company’s upcoming Q2 2026 earnings release, where analysts anticipate modest revenue growth and stable operating margins, and underscores FirstEnergy’s focus on grid upgrades—including a new 55‑ton transformer at Lakewood and the Energize365 data‑center pipeline—to enhance reliability and capture high‑density power demand; these initiatives are likely to influence future capital‑expenditure guidance and regulatory discussions. Investors should watch for any revisions to EPS guidance, capital‑expenditure commitments, and regulatory outlook in the Q2 2026 earnings call, as well as updates on the pace of data‑center pipeline approvals and transformer deployments, which will serve as key indicators of the company’s ability to sustain revenue growth and maintain margins in a regulated environment.

EPS

EstBeatMiss
$0.44$0.55$0.66$0.77$0.88Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.59 - -
Q1'26$0.72$0.72+0.6%
Q4'25$0.57$0.53-6.6%
Q3'25$0.77$0.83+7.5%
Q2'25$0.49$0.52+6.9%
Q1'25$0.59$0.67+13.1%

Revenue

EstBeatMiss
$3.1B$3.4B$3.7B$4.0B$4.3BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.7B - -
Q1'26$3.8B$4.2B+9.4%
Q4'25$3.3B$3.8B+16.6%
Q3'25 - $4.1B -
Q2'25 - $3.4B -
Q1'25 - $3.8B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

FE Stock Snapshot

FE is currently trading at $48.20, giving FirstEnergy Corp. a market cap of 28.05B and a P/E ratio of 26.3. Today's range spans $47.50–$48.40, with shares opening at $48.03 and moving up $0.11 (0.2%) from the prior close. DailyIQ's technical score sits at 59/100 (HOLD) with a news sentiment reading of 50/100.

Over the past year FE has traded between $39.34 and $52.34 - the current price is +22.5% off the 52-week low and -7.9% from the high. 27 analysts cover the stock with a Buy consensus and a mean 12-month target of $52.38 (range $48.00–$56.00), implying upside of +8.7%.

Sector rotation context matters for FE's HOLD phase (59/100, HOLD): in Utilities, large-cap names (28.05B market cap) with neutral technicals and neutral sentiment (50/100) are often in a staging area ahead of a rotation trade. The current P/E ratio stands at 26.3. Price: $48.20 (in the upper portion of its 52-week range in $39.34–$52.34). When sector flows resume, names that consolidated cleanly rather than correcting sharply tend to lead the next leg - and FE's current setup fits that pattern.

Portfolio construction in Utilities often uses large-cap names like FE as tactical swing positions during neutral phases: cheap enough to overweight, liquid enough to exit quickly, and large enough to provide meaningful sector beta. The current 59/100 (HOLD) at $48.20 (in the upper portion of its 52-week range) and neutral sentiment (50/100) frame the position as a catalyst play within the $39.34–$52.34 annual range rather than a directional bet.