Pacific Gas & Electric (PCG) Stock Forecast & Price Target

$16.22 -0.12 (-0.70%)

Closing price 03:59 PM Eastern

Extended Trading

$16.20 -0.02 (-0.12%)

As of 07:55 PM Eastern

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Pacific Gas & Electric - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 13 Analyst Ratings

Sell
1

Hold
4

Buy
8

Based on 13 Wall Street analysts who have issued ratings for Pacific Gas & Electric in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 1 has given a sell rating, 4 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for PCG.

Consensus Price Target

$22.40
38.14% Upside

According to the 13 analysts' twelve-month price targets for Pacific Gas & Electric, the average price target is $22.40. The highest price target for PCG is $25.00, while the lowest price target for PCG is $19.00. The average price target represents a forecasted upside of 38.14% from the current price of $16.22.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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PCG Analyst Ratings Over Time

Type	Current Forecast 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$22.40	$21.27	$20.55	$21.13
Forecasted Upside	38.14% Upside	20.60% Upside	26.27% Upside	23.78% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy

PCG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PCG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Pacific Gas & Electric Stock vs. The Competition

Type	Pacific Gas & Electric	Utilities Companies	S&P 500
Consensus Rating Score	2.62	2.38	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	38.83% Upside	38.21% Upside	14.16% Upside
News Sentiment Rating	Positive News See Recent PCG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/21/2026	Wells Fargo & Company 3 of 5 stars		Reiterated Rating	Overweight	$25.00	+44.30%
4/20/2026	Truist Financial 3 of 5 stars	Richard Sunderland Not Rated	Initiated Coverage	Buy	$23.00	+32.76%
3/27/2026	Weiss Ratings Not Rated		Reiterated Rating	Hold (C)
3/23/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Julien Dumoulin-Smith Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$20.00 ➝ $19.00	+9.48%
3/18/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Richard Sunderland Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$21.00 ➝ $24.00	+31.38%
3/9/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregg Orrill Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy
2/20/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Arcaro Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$23.00	+25.79%
2/18/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nicholas Campanella Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$21.00 ➝ $23.00	+27.71%
1/21/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Anthony Crowdell Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$21.00	+37.68%
12/4/2025	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy

10/14/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Thalacker Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$23.00 ➝ $25.00	+56.48%
8/18/2025	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
6/16/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Marie Ferguson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold
4/28/2025	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Lonegan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	In-Line	$15.00 ➝ $17.00	-1.25%
4/25/2025	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Pourreza Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$16.00 ➝ $17.00	-1.82%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$24.00	+21.27%
6/14/2024	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	$19.00 ➝ $21.00	+15.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:53 PM ET.

Should I Buy Pacific Gas & Electric Stock? PCG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 6, 2026. Please send any questions or comments about these Pacific Gas & Electric pros and cons to contact@marketbeat.com.

Pacific Gas & Electric
Bull Case

Here are some ways that investors could benefit from investing in PG&E Co.:

PG&E Co. has made significant progress in its undergrounding initiatives, completing over 1,200 miles, which has helped avoid substantial maintenance costs, potentially benefiting the bottom line.
The company is focused on rate-reducing load growth, with projects in final engineering increasing to 4.6 gigawatts, indicating strong demand and potential for future revenue growth.
PG&E Co. has received a 20-year license extension for its Diablo Canyon Nuclear Power Plant, which could lead to significant customer savings and stable energy supply.
Recent advancements in operational technology, such as continuous monitoring, have led to substantial savings in maintenance costs and reduced unplanned outages, enhancing service reliability.
The current stock price is around $12, which may present a buying opportunity for investors looking for value in the utility sector.

Pacific Gas & Electric
Bear Case

Investors should be bearish about investing in PG&E Co. for these reasons:

There are concerns regarding the company's one-segment reporting, which may obscure volatility and risks associated with different business lines, raising transparency issues.
Recent insider selling and reductions in institutional positions could signal caution among major stakeholders, potentially impacting investor confidence.
While the company is focused on cost efficiency, ongoing inflationary pressures may challenge its ability to maintain long-term operational savings.
Regulatory uncertainties surrounding wildfire liability reform could pose risks to PG&E Co.'s financial stability and operational planning.
Despite positive developments, the overall market sentiment remains neutral, indicating that immediate catalysts for stock price appreciation may be limited.

PCG Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Pacific Gas & Electric is $22.40, with a high forecast of $25.00 and a low forecast of $19.00.
: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pacific Gas & Electric in the last year. There is currently 1 sell rating, 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PCG shares.
: According to analysts, Pacific Gas & Electric's stock has a predicted upside of 38.14% based on their 12-month stock forecasts.
: Over the previous 90 days, Pacific Gas & Electric's stock had 2 upgrades by analysts.
: Pacific Gas & Electric has been rated by research analysts at Barclays, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Truist Financial, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.
: Analysts like Pacific Gas & Electric more than other "utilities" companies. The consensus rating for Pacific Gas & Electric is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how PCG compares to other companies.

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This page (NYSE:PCG) was last updated on 5/6/2026 by MarketBeat.com Staff.

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Pacific Gas & Electric (PCG) Stock Forecast & Price Target

Pacific Gas & Electric - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

PCG Analyst Ratings Over Time

PCG Analyst Recommendations By Month

PCG Price Targets by Month

Pacific Gas & Electric Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Pacific Gas & Electric Stock? PCG Pros and Cons Explained

Pacific Gas & Electric
Bull Case

Pacific Gas & Electric
Bear Case

PCG Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Pacific Gas & Electric Recommendations

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Stock Ideas and Recommendations

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Pacific Gas & Electric (PCG) Stock Forecast & Price Target

Pacific Gas & Electric - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

PCG Analyst Ratings Over Time

PCG Analyst Recommendations By Month

PCG Price Targets by Month

Pacific Gas & Electric Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Pacific Gas & Electric Stock? PCG Pros and Cons Explained

Pacific Gas & Electric Bull Case

Pacific Gas & Electric Bear Case

PCG Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Pacific Gas & Electric Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Pacific Gas & Electric
Bull Case

Pacific Gas & Electric
Bear Case