OGE Energy (NYSE:OGE) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded OGE from "sell" to "hold"; the stock's consensus remains an overall Hold with an average analyst target price of $49.38.
• Q1 results met EPS at $0.24 and beat revenue estimates with $752.6M, and the company reaffirmed FY2026 guidance of $2.38–$2.48 EPS (analyst average ~2.42).
• OGE secured a landmark contract to power three Google data centers and is pursuing a ~ $7.29B multiyear capital program to grow its rate base, though execution and rising project costs present notable risks.

OGE Energy (NYSE:OGE - Get Free Report) was upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Saturday.

A number of other equities research analysts have also issued reports on OGE. BMO Capital Markets began coverage on shares of OGE Energy in a report on Tuesday, January 13th. They set a "market perform" rating and a $45.00 target price for the company. JPMorgan Chase & Co. began coverage on shares of OGE Energy in a report on Friday, March 20th. They set an "overweight" rating and a $52.00 target price for the company. Barclays upped their target price on shares of OGE Energy from $49.00 to $51.00 and gave the stock an "overweight" rating in a report on Monday, April 20th. Wells Fargo & Company upped their target price on shares of OGE Energy from $47.00 to $48.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of OGE Energy in a report on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, OGE Energy presently has an average rating of "Hold" and an average target price of $49.38.

OGE Energy Price Performance

NYSE:OGE opened at $48.26 on Friday. OGE Energy has a 12 month low of $41.69 and a 12 month high of $50.13. The stock has a 50 day moving average of $48.05 and a two-hundred day moving average of $45.56. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 1.09. The firm has a market cap of $9.96 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 3.62 and a beta of 0.55.

OGE Energy (NYSE:OGE - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The company had revenue of $752.60 million during the quarter, compared to analyst estimates of $616.02 million. During the same period in the previous year, the business earned $0.31 EPS. OGE Energy's quarterly revenue was up .7% on a year-over-year basis. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. On average, analysts expect that OGE Energy will post 2.42 earnings per share for the current fiscal year.

Insider Buying and Selling

In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of the company's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total transaction of $292,830.10. Following the transaction, the chief accounting officer directly owned 28,559 shares in the company, valued at $1,364,263.43. This represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lyle G. Ganske purchased 10,420 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were purchased at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the purchase, the director directly owned 10,420 shares of the company's stock, valued at $500,055.80. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.57% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in OGE Energy by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 21,500,675 shares of the utilities provider's stock worth $918,079,000 after purchasing an additional 304,080 shares in the last quarter. State Street Corp lifted its stake in OGE Energy by 1.8% during the fourth quarter. State Street Corp now owns 6,713,937 shares of the utilities provider's stock worth $286,685,000 after purchasing an additional 117,977 shares in the last quarter. Boston Partners lifted its stake in OGE Energy by 0.5% during the third quarter. Boston Partners now owns 6,279,360 shares of the utilities provider's stock worth $290,530,000 after purchasing an additional 31,138 shares in the last quarter. Clearbridge Investments LLC lifted its stake in OGE Energy by 8.3% during the fourth quarter. Clearbridge Investments LLC now owns 6,240,594 shares of the utilities provider's stock worth $266,473,000 after purchasing an additional 479,278 shares in the last quarter. Finally, Morgan Stanley lifted its stake in OGE Energy by 103.2% during the fourth quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider's stock worth $197,625,000 after purchasing an additional 2,350,574 shares in the last quarter. 71.84% of the stock is currently owned by institutional investors and hedge funds.

More OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long‑term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near‑term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long‑term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE's growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an "equal weight" rating, signaling limited near‑term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply‑chain constraints and rising project costs that could delay capital projects or raise near‑term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

OGE Energy Company Profile

OGE Energy Corp. NYSE: OGE is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.

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