PG&E Corporation (PCG) Stock Price, News, Analysis

Technical Score (1D)

BUY

News Sentiment

BULLISH

Analysts at Ledenburg Thalmann have raised their price target for PG&E (PCG) to $23, maintaining a Buy rating, signaling continued analyst confidence. This comes as PG&E is set to automatically apply the California Climate Credit to customer energy bills starting in April, offering direct financial relief. The utility has also been highlighted by Zacks.com as a featured stock, noted for its potential as an undervalued company with solid growth prospects. Furthermore, PG&E was identified as a low price-to-book stock with a solid growth outlook, making it a candidate for investors seeking strong returns this April. Looking at older developments, PG&E has reached a proposed $100 million settlement to resolve a securities class action lawsuit concerning purchases made between April 2015 and November 2018, with court review set for August 2026. In a significant long-term development, the U.S. Nuclear Regulatory Commission has approved a 20-year license renewal for PG&E's Diablo Canyon Power Plant, securing its role as a critical baseload power source for California. This regulatory approval reinforces the plant's contribution to the state's energy supply and PG&E's strategy for reliable energy resources. However, Jefferies recently downgraded PG&E to a Hold rating, citing concerns over wildfire liability reform and limited upside potential, despite the company implementing its fifth electric rate reduction since January 2024. PG&E Corporation has also scheduled its first quarter 2026 earnings release and conference call for April 23, 2026, where investors will be looking for insights into financial performance and management guidance. Traders should monitor upcoming analyst commentary and the company's Q1 earnings report for further direction.

PCG|Earnings Snapshot

Earnings Summary

Pacific Gas & Electric Co. (PCG) is a regulated utility company providing electricity and natural gas to northern and central California, operating a vast infrastructure network for generation, transmission, and distribution. The company plays a vital role in powering a significant portion of California's economy, with its operations spanning diverse energy sources including renewables and traditional fuels. As a key player in the Utilities - Regulated Electric industry, PCG's performance is closely tied to regulatory environments and infrastructure investment needs. Looking at recent performance, PCG's Q3 2025 EPS of $0.50 beat estimates, a positive trend following a miss in Q2 2025 ($0.31 actual vs $0.31589 estimate) and Q1 2025 ($0.33 actual vs $0.34033 estimate), though Q4 2025 EPS of $0.36 missed estimates ($0.37446 estimate). Revenue figures are available for Q4 2024 ($6.63B actual), Q1 2025 ($5.98B actual), Q2 2025 ($5.90B actual), Q3 2025 ($6.25B actual), and Q4 2025 ($6.80B actual), with revenue showing some variability quarter-over-quarter. Historically, PCG has demonstrated a mixed beat/miss pattern against analyst EPS estimates, having missed in Q4 2025 and Q2 2025, while beating in Q3 2025. Revenue growth has been observed, though specific year-over-year comparisons are limited by the provided data points. The company's ability to consistently meet or exceed revenue expectations, even with occasional EPS headwinds, will be a key area for investors to monitor. Recent news indicates a positive shift in analyst sentiment, with JPMorgan raising its price target and maintaining an Overweight rating, and UBS also upgrading the stock, citing an attractive EV-to-EBITDA ratio and potential undervaluation. However, Jefferies has downgraded PCG, suggesting potential headwinds. Investors will be watching for how these conflicting analyst views and the company's ability to manage its operational and financial performance influence future earnings reports, particularly in light of the upcoming Q1 2026 and Q2 2026 earnings releases where revenue estimates are available but actual EPS figures are yet to be reported.

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EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$0.40	—	—
Q4'25	$0.37	$0.36	-3.9%
Q3'25	$0.43	$0.50	+17.3%
Q2'25	$0.32	$0.31	-1.9%
Q1'25	$0.34	$0.33	-3.0%
Q4'24	$0.31	$0.31	+0.1%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$6.3B	—	—
Q4'25	$6.4B	$6.8B	+6.7%
Q3'25	—	$6.3B	—
Q2'25	—	$5.9B	—
Q1'25	—	$6.0B	—
Q4'24	—	$6.6B	—

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

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Technical Score (1D)

BUY

News Sentiment

BULLISH

PCG|Company Info

Sector

Utilities

Industry

Utilities - Regulated Electric

Exchange

NYQ

Country

United States

Website

pgecorp.com

Symbol

PCG

Description

Pacific Gas & Electric Co. (PCG) is a utility company that provides electricity and natural gas to customers across northern and central California. Its core business involves the generation, transmission, and distribution of these essential energy resources. Electricity generation relies on a diverse portfolio, including nuclear, hydroelectric, fossil fuels, and renewable sources like solar. PG&E's extensive infrastructure network encompasses transmission lines, substations, and distribution systems for both electricity and natural gas, serving a wide range of customers from residential to industrial. Incorporated in 1905 and headquartered in Oakland, California, the company plays a critical role in powering a significant portion of the state's economy.

PCG|Earnings Snapshot

Earnings Summary

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EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$0.40	—	—
Q4'25	$0.37	$0.36	-3.9%
Q3'25	$0.43	$0.50	+17.3%
Q2'25	$0.32	$0.31	-1.9%
Q1'25	$0.34	$0.33	-3.0%
Q4'24	$0.31	$0.31	+0.1%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q1'26	$6.3B	—	—
Q4'25	$6.4B	$6.8B	+6.7%
Q3'25	—	$6.3B	—
Q2'25	—	$5.9B	—
Q1'25	—	$6.0B	—
Q4'24	—	$6.6B	—

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

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News Sentiment Analysis

Sentiment gathered from recent headlines

58/100

Strong NegativeNeutralStrong Positive

MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

The Zacks Rank system, which prioritizes earnings estimates and revisions, identifies PG&E (PCG) as a potential value opportunity. The analysis highlights PCG's current Zacks Rank of #2 (Buy) and an "A" grade for Value, indicating it may be undervalued by the market. This suggests investors should consider PCG for its fundamental strength and potential upside.

What did this article say?

Ledenburg Thalmann has raised its price target for PG&E (PCG) to $23 from $21.50, while maintaining a Buy rating. This adjustment reflects analyst confidence in the company's outlook. The current average analyst rating for PCG is overweight with a mean price target of $22.85.

What did this article say?

This article from Zacks.com lists several companies, including PG&E, as featured highlights. The context suggests a focus on identifying potentially undervalued stocks with solid growth prospects for April. Investors are actively seeking such opportunities in the current market environment.

What did this article say?

Pacific Gas and Electric (PCG) customers are set to benefit from energy bill reductions as the Spring California Climate Credit is distributed. This initiative aims to provide direct financial relief to ratepayers. The credit is a component of California's efforts to mitigate greenhouse gas emissions and support consumers.

What did this article say?

PG&E (PCG) has been identified as a low price-to-book stock with a solid growth outlook, making it a potential candidate for investors seeking strong returns. The utility's inclusion in this list suggests favorable valuation metrics and positive future prospects. This screening highlights companies offering value and potential upside.

What did this article say?

PG&E (PCG) has reached a tentative $100 million settlement in a securities class action lawsuit, covering purchases made between April 2015 and November 2018. The agreement awaits court approval, with a hearing scheduled for August 2026, and a claims process will be initiated for affected shareholders. This development aims to resolve a significant legal overhang for the utility provider.

What did this article say?

Pacific Gas and Electric (PCG) has received regulatory approval for the license renewal of its Diablo Canyon plant. This decision allows for the extended operation of the nuclear facility, securing a significant power source for the region. The approval is a key development for PCG's long-term energy strategy and operational stability.

What did this article say?

The U.S. Nuclear Regulatory Commission has officially approved Pacific Gas and Electric Company's (PCG) application to renew the operating license for its Diablo Canyon Power Plant. This grants PCG authorization for an additional 20 years of operation. The decision reinforces the plant's role in California's energy infrastructure.

What did this article say?

Pacific Gas and Electric (PCG) has received approval for a 20-year license renewal for its Diablo Canyon Power Plant. This decision secures the plant's operational future, providing a stable baseload power source. The renewal is critical for California's energy grid stability.

What did this article say?

PCG shares demonstrated strength, outperforming competitors during a robust trading session. This performance suggests positive investor sentiment or specific company-related catalysts. Traders should monitor volume and any news driving this outperformance.

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

PCG·PG&E Corporation

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