FirstEnergy (NYSE:FE) Price Target Raised to $55.00 at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. raised its price target on FirstEnergy from $50 to $55 while maintaining a "neutral" rating, implying about a 7.7% upside from the prior close.
• Analyst coverage is mixed but leans positive—eight Buys and seven Holds—yielding a MarketBeat consensus rating of Moderate Buy with a consensus price target of $49.71.
• FirstEnergy slightly beat quarterly EPS estimates ($0.53 vs. $0.52), reported stronger-than-expected revenue, set FY2026 guidance of 2.620–2.820 EPS, and its shares trade around $51 with a market cap near $29.5 billion.

FirstEnergy (NYSE:FE - Get Free Report) had its price objective upped by research analysts at JPMorgan Chase & Co. from $50.00 to $55.00 in a report released on Thursday,Benzinga reports. The firm presently has a "neutral" rating on the utilities provider's stock. JPMorgan Chase & Co.'s price target would indicate a potential upside of 7.67% from the company's previous close.

Other research analysts have also recently issued reports about the company. Morgan Stanley reaffirmed an "overweight" rating on shares of FirstEnergy in a research report on Wednesday, February 11th. Weiss Ratings lowered shares of FirstEnergy from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, February 19th. Barclays decreased their target price on shares of FirstEnergy from $51.00 to $50.00 and set an "overweight" rating on the stock in a research note on Thursday, January 22nd. UBS Group dropped their price target on shares of FirstEnergy from $49.00 to $46.00 and set a "neutral" rating for the company in a research report on Wednesday, December 17th. Finally, Wolfe Research raised shares of FirstEnergy from a "peer perform" rating to an "outperform" rating and set a $50.00 price objective for the company in a research note on Tuesday, January 27th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $49.71.

FirstEnergy Stock Performance

FE traded up $0.43 during trading on Thursday, hitting $51.08. The company's stock had a trading volume of 1,602,654 shares, compared to its average volume of 4,746,439. The business's 50 day simple moving average is $47.97 and its 200-day simple moving average is $46.23. The firm has a market cap of $29.52 billion, a PE ratio of 29.09, a P/E/G ratio of 2.66 and a beta of 0.61. FirstEnergy has a one year low of $37.58 and a one year high of $51.44. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 1.83.

FirstEnergy (NYSE:FE - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analyst estimates of $3.20 billion. FirstEnergy had a return on equity of 10.50% and a net margin of 6.76%.During the same period in the prior year, the business posted $0.67 EPS. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, sell-side analysts predict that FirstEnergy will post 2.66 EPS for the current fiscal year.

Insider Transactions at FirstEnergy

In other FirstEnergy news, CAO Jason Lisowski sold 1,373 shares of FirstEnergy stock in a transaction on Friday, March 6th. The shares were sold at an average price of $50.84, for a total value of $69,803.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.17% of the company's stock.

Institutional Investors Weigh In On FirstEnergy

Large investors have recently made changes to their positions in the company. Federated Hermes Inc. increased its stake in FirstEnergy by 198.1% in the 2nd quarter. Federated Hermes Inc. now owns 6,888,967 shares of the utilities provider's stock worth $277,350,000 after acquiring an additional 4,578,375 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in FirstEnergy during the fourth quarter valued at $123,018,000. BROOKFIELD Corp ON bought a new position in FirstEnergy during the fourth quarter valued at $110,332,000. Boston Partners grew its stake in shares of FirstEnergy by 13.5% in the 3rd quarter. Boston Partners now owns 18,344,403 shares of the utilities provider's stock worth $841,161,000 after buying an additional 2,185,400 shares in the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of FirstEnergy by 56.0% in the 4th quarter. Victory Capital Management Inc. now owns 5,506,251 shares of the utilities provider's stock worth $246,515,000 after buying an additional 1,977,504 shares in the last quarter. 89.41% of the stock is owned by institutional investors.

About FirstEnergy

FirstEnergy Corp. NYSE: FE is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company's primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy's service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy's core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.

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