DailyIQ
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Sector:UtilitiesAll sectors
Last updated 1 hour ago

FE·FirstEnergy Corp.

$.
+. (+.%)
High
$46.63
Open
$46.54
Market Cap
26.79B
52W High
$52.34
Low
$46.27
P. Close
$46.31
P/E
25.15
52W Low
$39.28
Fwd P/E
-
Mean Target
-
Technical Score (1D)
41
SELL
News Sentiment
45
MIXED
Morgan Stanley has maintained an Overweight rating on FirstEnergy (FE) while revising its price target to $51 from $54. This analyst action suggests continued confidence in the company's prospects despite a minor reduction in the valuation outlook. The firm's price target remains above the current market consensus, indicating a potentially favorable risk-reward profile. Investors will be watching for further commentary from analysts regarding the rationale behind the price target adjustment and any potential impact on FE's strategic direction.
Earnings Summary
FirstEnergy Corp. is a U.S.-based utility company operating within the Utilities - Regulated Electric sector, focused on delivering electricity through its extensive distribution and transmission infrastructure across multiple states. The company's core business involves electricity distribution, transmission, and generation, serving a diverse customer base. In its most recent reported quarters, FirstEnergy demonstrated mixed performance against analyst expectations. For Q1 2026, the company reported actual EPS of $0.72 against an estimate of $0.71548, and actual revenue of $4.202 billion against an estimate of $3.839 billion, indicating a beat on both metrics. This followed Q4 2025, where actual EPS was $0.53 versus an estimate of $0.5674, and actual revenue was $3.797 billion against an estimate of $3.256 billion, also a beat on both. Comparing the last two quarters (Q4 2025 and Q1 2026) to the prior two (Q2 2025 and Q3 2025), revenue has shown a strong upward trend, with Q1 2026 revenue being the highest reported. EPS performance has been more variable, with Q3 2025 and Q1 2026 showing beats, while Q4 2025 and Q2 2025 showed misses. Historically, FirstEnergy has shown a pattern of revenue growth, but EPS performance against estimates has been inconsistent, with beats in Q1 2026 and Q3 2025, and misses in Q2 2025 and Q4 2025. Recent news indicates FirstEnergy announced a significant $36 billion capital investment plan aimed at grid modernization and energy transition initiatives, while reaffirming full-year guidance, suggesting management confidence despite a Q1 2026 EPS miss. Additionally, the company's Ohio electric companies are preparing to file their inaugural Three-Year Rate Plan (TYRP) by May 22, 2026, a move enabled by new state legislation designed to fund system upgrades and provide more predictable rate adjustments. Investors will be watching for the specifics of the TYRP filing and how the substantial capital investments impact future operational and financial performance, particularly in light of the recent EPS miss in Q1 2026 and the broader utility sector's mixed outlook. Key will be the execution of the capital plan and the regulatory outcomes of the TYRP.

EPS

EstBeatMiss
$0.44$0.55$0.66$0.77$0.88Q1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
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$4.3BQ1'25Q2'25Q3'25Q4'25Q1'26
QtrEstActual+/−
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 $46.62, giving FirstEnergy Corp. a market cap of 26.79B and a P/E ratio of 25.1. Today's range spans $46.27–$46.63, with shares opening at $46.54 and moving up $0.31 (0.7%) from the prior close. DailyIQ's technical score sits at 41/100 (HOLD) with a news sentiment reading of 45/100.

Over the past year FE has traded between $39.28 and $52.34 - the current price is +18.7% off the 52-week low and -10.9% from the high.

Neither bulls nor bears have the upper hand on FirstEnergy Corp. (FE) right now. Score: 41/100 (HOLD). Sentiment: neutral (45/100). Price: $46.62 (in the middle of its 52-week range). (P/E: 25.1) At 26.79B in Utilities market cap, the 52-week range of $39.28–$52.34 is the relevant frame - where the stock sits within that range, and whether volume confirms any directional move, matters more than the HOLD label alone.

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 41/100 (HOLD) at $46.62 (in the middle of its 52-week range) and neutral sentiment (45/100) frame the position as a catalyst play within the $39.28–$52.34 annual range rather than a directional bet.

Recent News Coverage

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