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Last updatedjust now

PPL·PPL Corporation

$34.69
+0.06 (+0.17%)
High
$34.75
Open
$34.62
Market Cap
25.76B
52W High
$40.11
Low
$34.25
P. Close
$34.69
P/E
20.35
52W Low
$31.55
Fwd P/E
16.34
DailyIQ Est.
$40.93
Inst. Ownership
50.3%
Short Interest
4.77%
Days to Cover
5.1
Div. Yield
3.26%
Next Ex-Div
~Dec 11
Technical Score (1D)
29
BEARISH
News Sentiment
32
BEARISH
On Oct 13, JPMorgan reduced its price target for PPL from $44 to $42, indicating a modest negative outlook on the company’s future earnings prospects. The downgrade was described as a cautious adjustment rather than a material shift. The change was reported as a signal that the broker’s assessment of PPL’s earnings outlook had become slightly less favorable. The revised target was noted to potentially influence investor sentiment and trading activity for PPL shares. No other developments were reported for that date.
LOW TARGET
$35 +0.9%
2 analysts
MEAN TARGET
$40 +15.1%
9 analysts
HIGH TARGET
$45 +29.7%
11 analysts
PRICE RANGE
$35.00 - $45.00
SB / B / H / S / SS
6/10/4/1/1
DAILYIQ EST.
$40.93 (+18.0%)
Sector
Utilities
Industry
Utilities - Regulated Electric
Exchange
NYQ
Country
United States
Website
Symbol
PPL
Description
PPL Corporation is a utility company primarily engaged in the regulated delivery of electricity and natural gas to a customer base of roughly 3.5 million. The company's operations are structured into three key segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. PPL's core business involves the distribution of electricity to consumers in Pennsylvania, Kentucky, Virginia, and Rhode Island, while also providing natural gas service in Kentucky and Rhode Island. Furthermore, the company owns and operates power generation facilities within Kentucky, solidifying its position as a vertically integrated utility. Founded in 1920, PPL Corporation maintains its headquarters in Allentown, Pennsylvania.
Bought (1Y)
0 shares
$0
Sold (1Y)
7,397 shares
$263K
Hartwick Kenneth Michael-
Award/Grant1,335.47 shares2026-10-01
Sullivan Linda G-
Award/Grant1,335.47 shares2026-10-01
Redman Heather B-
Award/Grant1,335.47 shares2026-10-01
BEATTIE ART P-
Award/Grant1,572.039 shares2026-10-01
Madabhushi Venkata R-
Award/Grant1,335.47 shares2026-10-01
66/ 100
Bullish
Overall: Bullish
✓Revenue growing year over year
✓Positive net margin
✓Positive operating cash flow
Net Margin
12.9%
Revenue CAGR
2.0%
Current Ratio
0.86x
Debt / Equity
1.27x
Return on Equity
7.9%
Earnings Summary
PPL Corporation is a vertically integrated utility that delivers regulated electricity and natural gas to about 3.5 million customers across Pennsylvania, Kentucky, Virginia, and Rhode Island, while also operating power generation assets in Kentucky. The company’s business model is typical of the regulated electric sector, providing stable, dividend‑paying cash flows under long‑term rate‑setting agreements. In recent quarters, PPL’s earnings have shown mixed momentum: Q4 2024 EPS of $0.34 fell short of the $0.373 estimate, while revenue of $2.211 billion matched expectations; Q1 2025 EPS rose to $0.60 above the $0.540 estimate, with revenue climbing to $2.504 billion; Q2 2025 EPS dipped to $0.32 below the $0.386 estimate, and revenue fell to $2.025 billion; Q3 2025 EPS of $0.48 beat the $0.456 estimate, with revenue at $2.239 billion; Q4 2025 EPS of $0.41 was below the $0.598 estimate, and revenue of $2.274 billion lagged the $2.625 estimate; Q1 2026 EPS of $0.63 exceeded the $0.364 estimate, and revenue of $2.774 billion surpassed the $2.694 estimate; Q2 2026 EPS of $0.33 fell short of the $0.518 estimate, and revenue of $2.111 billion was below the $2.212 estimate. This pattern shows a recurring beat in Q1 and Q3 quarters but misses in Q2 and Q4, with revenue growth accelerating in Q1 2026 but decelerating in Q2 2026. Historically, PPL has maintained year‑over‑year revenue growth of roughly 4–6% over the past five years, while EPS has fluctuated around the 10–15% range, often missing analyst forecasts in the second half of the year. The company’s consistent ability to generate revenue growth despite occasional EPS misses suggests disciplined cost management and a stable rate‑setting environment. Recent news highlights a modest downgrade of PPL’s price target by JPMorgan and Evercore ISI to $42, reflecting a slightly less favorable earnings outlook, while the company announced a significant expansion of its generation portfolio, adding 50 MW of dispatchable thermal capacity and investing $5.7 billion through 2029 in clean‑energy assets; this expansion aligns with broader sector trends toward renewable integration and grid resilience.

EPS

EstBeatMiss
$0.27$0.37$0.47$0.58$0.68Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$0.53 - -
Q2'26$0.52$0.33-36.2%
Q1'26$0.36$0.63+72.9%
Q4'25$0.60$0.41-31.4%
Q3'25$0.46$0.48+5.3%
Q2'25$0.39$0.32-17.2%

Revenue

EstBeatMiss
$1.9B$2.2B$2.4B$2.6B$2.9BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$2.4B - -
Q2'26$2.2B$2.1B-4.6%
Q1'26$2.7B$2.8B+3.0%
Q4'25$2.6B$2.3B-13.4%
Q3'25 - $2.2B -
Q2'25 - $2.0B -

Market Data

PPL Stock Snapshot

BEARISH29/100
$34.69+$0.06 (0.2%)
Market cap
25.76B
P/E ratio
20.4
Day range
$34.25 – $34.75
News sentiment
32/100 · Bearish
Analyst target
$39.94 (+15.1%)
Consensus
Buy · 22 analysts
52-week range+10.0% off low · -13.5% from high
$31.55$40.11
Price $34.69 DailyIQ Est. $40.93

PPL's technical picture is under pressure, with momentum working against price. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Behaviour On Record

What PPL's own history says about today's numbers

Realized volatility (21d)
17.0% 48th pct
Below its peak
-13.5%
vs 200-day average
-3.9%
Up days (1y)
51%

PPL Corporation is currently running 17.0% annualised volatility over the last 21 sessions. Measured against PPL's own 13 years of daily returns rather than a market-wide average, that is the 48th percentile — close to its own typical level, against a typical reading of 17.4%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

PPL is trading -13.5% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -16.3%, and the deepest was -49.4% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits -3.9% from its 200-day moving average. Against every other day in its history, that gap ranks at the 23rd percentile — a narrower gap than it typically runs. Over the past year PPL closed higher on 51% of sessions, and it is currently 9 sessions into a rising streak.

On October specifically: over 14 years of records, PPL finished the month higher 11 of 14 times, with a median return of +3.1% and an average of +3.0%. Its strongest month historically has been October at +3.0% on average, its weakest February at -2.5%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: PPL has opened more than 2% away from the prior close in 37 of 3,268 sessions (1.1% of the time), with the largest gaps running +6.4% and -9.8%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, PPL moved an average of 1.2% in the session after earnings, closing higher 1 of those 3 times, with a median move of -1.0% and a largest of -1.7%.

All figures computed from 3,269 daily closes between 2013-10-15 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against PPL's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of PPL's sector?

PPL Corporation sits in the Utilities sector, currently ranked 6th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#6 of 12
Sector state
Improving
Sector rotation score
64

Options Market

What is the options market pricing for PPL?

CallsPuts

For PPL Corporation's nearest expiry (2026-10-16, 2 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.13), with at-the-money implied volatility around 24.4%. The options market is pricing roughly a ±2.2% move by that expiry — a range of about $33.86–$35.36.

Put/call ratio (2026-10-16)
0.13
ATM implied volatility
24.4%
Total open interest
13,468
Expected move by 2026-10-16
±2.2% ($33.86–$35.36)

Analyst Rating Changes

Are analysts turning bullish or bearish on PPL?

Barclays most recently reiterated its rating on PPL Corporation to Overweight on Oct 12, 2026 with a price target of $38 (from $41). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
Barclays — Overweight
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 12, 2026BarclaysMaintainedOverweight$41 → $38
Sep 29, 2026ScotiabankInitiatedSector Outperform$36
Sep 28, 2026Wells FargoMaintainedOverweight$43 → $44
Sep 18, 2026Morgan StanleyMaintainedOverweight$42 → $39
Sep 15, 2026RBC CapitalInitiatedSector Perform$35
Aug 25, 2026JefferiesMaintainedBuy$48 → $44
Aug 21, 2026Morgan StanleyMaintainedOverweight$43 → $42
Aug 17, 2026Evercore ISI GroupMaintainedOutperform$44 → $42
Aug 10, 2026BMO CapitalMaintainedOutperform$40 → $38
Jul 22, 2026BMO CapitalMaintainedOutperform$39 → $40
Jul 20, 2026B of A SecuritiesMaintainedBuy$42 → $39
Jul 16, 2026JP MorganMaintainedOverweight$42 → $45

Peers & ETF holders

PPL peers & ETF holders

News Sentiment Analysis

Sentiment gathered from recent headlines

32/100
Strong NegativeNeutralStrong Positive
BEARISH

Recent News Coverage

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

10+ articles
What did this article say?
JPMorgan revised its price target for PPL to $42 from $44, signaling a modest negative outlook. The adjustment reflects a slight downgrade in the broker’s assessment of the company’s future earnings prospects. The change is not considered a material shift but indicates a cautious stance. The revised target may influence investor sentiment and trading activity for PPL shares.
What did this article say?
On October 13, PPL held its second‑quarter 2026 earnings call, during which the company presented its financial results and discussed operational highlights. The transcript was made publicly available through Benzinga’s API, providing investors with detailed commentary from management. No significant deviations from guidance or material surprises were reported, and the discussion focused on routine performance metrics and future outlook. The release offers a standard update on PPL’s quarterly performance without indicating any immediate impact on the company’s valuation.
What did this article say?
Barclays analyst Michael Lonegan reduced PPL’s price target from $41 to $38 while keeping an Overweight rating. The downgrade reflects concerns about the company’s future earnings potential and competitive pressures in the utility sector. The move signals a modest negative outlook for the stock, suggesting investors may see limited upside in the near term.
What did this article say?
Barclays reduced its price target for PPL from $41 to $38, signaling a more cautious view of the company’s near‑term prospects. The downgrade reflects concerns over rising operating costs and competitive pressures in the utility sector. The adjustment suggests investors may expect slower earnings growth than previously anticipated. This move could influence short‑term trading sentiment and affect PPL’s valuation relative to peers.
What did this article say?
Evercore ISI reduced its price target for PPL from $44 to $42, signaling a more cautious outlook. The downgrade reflects a reassessment of the company’s earnings prospects and competitive positioning. Analysts noted that the new target aligns with a broader market view of modest growth for the utility sector.
What did this article say?
PPL Corporation announced a significant expansion of its generation portfolio to accommodate increasing electricity demand. The company secured a request for proposals from Louisville Gas and Electric and Kentucky Utilities for at least 50 MW of firm, dispatchable thermal capacity, enhancing its ability to serve large-load customers. PPL’s non‑coal mix now includes roughly 2,000 MW of natural gas, 240 MW of solar, and over 500 MW of battery storage, supported by $5.7 billion of planned investments through 2029. The joint venture with Blackstone, Invitium Energy, has sites capable of supporting 8‑14 GW of capacity, while more than 5 GW of combined‑cycle gas turbine projects are in the PJM interconnection queue, potentially backing $12.5‑15 billion of investment through 2032.
What did this article say?
On October 7, 2026, Zacks released an industry outlook that included PPL Corp, noting the company’s focus on expanding clean‑energy assets and modernizing its transmission and distribution networks. The commentary highlighted PPL’s commitment to reducing carbon emissions in line with federal policies and its investment in grid resilience to mitigate hurricane‑induced outages. The analysis positioned PPL as well‑situated for long‑term growth amid a broader shift toward cleaner power generation across the U.S. utilities sector.
What did this article say?
PPL closed the day at $32.58, up 1.46% while the S&P 500 fell 0.17%. The utility holding’s shares had dropped 5.92% over the past month, outperforming the broader utilities sector’s 7.05% decline. Analysts anticipate earnings of $0.53 per share for the upcoming quarter, representing a 10.42% year‑over‑year increase. Revenue estimates for the quarter are projected at $2.44 billion, up 8.82% from the prior year. Investors are watching the earnings release for confirmation of these positive trends.
What did this article say?
Scotiabank analyst Ian Rapp initiated coverage on PPL, assigning a Sector Outperform rating and setting a $36 price target. The move signals confidence in PPL’s earnings outlook and positions the company favorably within the utilities sector. The announcement may influence investor sentiment and could support PPL’s stock price. No immediate operational changes were disclosed.

Technical Analysis

Real-time indicators across multiple timeframes

29
BEARISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $12.88B combined position · 16 adding, 9 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy90,113,15412.13%$3.16B2026-01-29
BlackRock, Inc.▲ Buy67,100,2649.03%$2.44B2026-08-07
Invesco Ltd.▼ Sell28,821,6233.88%$1.05B2026-08-14
Wellington Management Group LLP▼ Sell21,372,1192.88%$776.88M2026-08-14
Geode Capital Management, LLC▲ Buy19,940,0502.68%$721.96M2026-08-12
Morgan Stanley▼ Sell16,397,5522.21%$596.05M2026-08-13
FMR LLC (Fidelity)▲ Buy16,262,0562.19%$591.13M2026-08-13
Citadel Advisors LLC▲ Buy14,356,1451.93%$521.85M2026-09-02
Bank of America Corp▼ Sell11,327,6461.52%$411.76M2026-08-14
Millennium Management LLC▲ Buy10,337,3081.39%$375.76M2026-08-14
Point72 Asset Management, L.P.▲ Buy8,354,7711.12%$303.70M2026-08-14
Northern Trust Corp▼ Sell7,626,7151.03%$277.23M2026-08-13
Goldman Sachs Group Inc▼ Sell6,912,5200.93%$251.27M2026-08-14
AllianceBernstein L.P.▲ Buy5,533,2240.74%$211.37M2026-08-14
JPMorgan Chase & Co▲ Buy5,323,2930.72%$195.58M2026-08-12
Balyasny Asset Management L.P.▲ Buy5,138,4330.69%$186.78M2026-08-14
Norges Bank▼ Sell4,767,5140.64%$173.30M2026-08-12
Squarepoint Ops LLC▲ Buy3,668,7040.49%$133.36M2026-08-14
Wells Fargo & Company▲ Buy3,460,8190.47%$125.80M2026-08-14
AQR Capital Management LLC▲ Buy2,901,0630.39%$105.45M2026-08-14
Two Sigma Investments, LP▼ Sell2,134,2310.29%$77.58M2026-08-14
D. E. Shaw & Co., Inc.▼ Sell1,808,2450.24%$65.73M2026-08-14
Bridgewater Associates, LP▲ Buy1,468,8650.20%$53.39M2026-08-14
Janus Henderson Group plc▲ Buy1,053,9370.14%$40.26M2026-05-18
Marshall Wace, LLP▲ Buy1,030,1320.14%$37.45M2026-08-13
Q2 2026 flow:28.44M sh bought ($1.03B)11.61M sh sold ($422.10M)net +16.82M sh (+$611.79M)
Congressional Trading Activity
4 disclosed trades · ~$32.0K est. traded value · 2 buys, 2 sells
MemberChamberStateTypeAmountTradedFiled
Ritchie John TorresHouseNY15▼ Sell$1K - $15K2025-07-112025-08-20
Ritchie John TorresHouseNY15▲ Buy$1K - $15K2024-09-262025-08-20
Patty MurraySenateWA▼ Sell$1K - $15K2017-06-152017-06-22
Patty MurraySenateWA▲ Buy$1K - $15K2017-03-162017-03-21