What is PEG stock price target for 2026?

WallStSmart's 12-month price target for Public Service Enterprise Group Inc is $80.26, representing 0.8% upside from the current price of $79.59.

What is PEG stock forecast?

Public Service Enterprise Group Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is PEG undervalued based on price targets?

Our DCF intrinsic value for Public Service Enterprise Group Inc is $56.80, against a current price of $79.59. The margin of safety is -48.15%.

PEG

Public Service Enterprise Group Inc

NYSE: PEG · UTILITIES · UTILITIES - REGULATED ELECTRIC

$79.59

-1.33% today

Updated 2026-04-29

Market cap

$39.73B

P/E ratio

18.86

P/S ratio

3.27x

EPS (TTM)

$4.22

Dividend yield

3.12%

52W range

$74 – $89

Volume

2.7M

Market cap

$39.73B

P/E ratio

18.86

P/S ratio

3.27x

EPS (TTM)

$4.22

Dividend yield

3.12%

52W range

$74 – $89

Volume

2.7M

Public Service Enterprise Group Inc (PEG) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$79.59

Consensus

$92.32

+15.99%

2030 Target

$360.01

+352.33%

DCF

$56.80

-48.15% MoS

Current price

$79.59

Analyst consensus

$92.32

+15.99%

2030 Target

$360.01

+352.33%

Intrinsic (DCF)

$56.80

-48.15% MoS

11 analysts:

4 Buy4 Hold1 Sell

Management guidance

No specific CEO revenue targets found in provided materials. Latest guidance indicates PEG expects steady growth from regulated utility investments, clean energy expansion, and strong power demand. Company raised 2026 quarterly dividend to $0.67/share, signaling confidence in earnings growth trajectory.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$605.47

$15.1B Rev × 20x P/S

Base case (2030)

$360.01

$15.1B Rev × 12x P/S

Bear case (2030)

$245.46

$15.1B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$11.2B	$10.3B	$12.2B	$12.7B	$13.3B	$13.8B	$14.4B	$15.1B
Revenue growth	—	-8.4%	18.3%	4.7%	4.2%	4.4%	4.3%	4.4%
EPS	$3.48	$3.68	$4.05	$4.42	$4.77	$5.12	$5.48	$5.87
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$302.73	$319.10	$335.46	$343.64	$360.01

Catalysts & risks

Growth catalysts

+ Clean energy investments and solar initiatives expanding regulated asset base

+ Data center demand driving power consumption growth in NJ service territory

+ FERC transmission cost ruling protecting PSE&G customers with $100M+ refund through 2015 recalculation

+ Capital deployment from $103B+ regulated utility capital plan driving earnings growth

+ Strong institutional ownership (77%) and dividend increases supporting stock stability

Key risks

- Regulatory pressure on rate increases in New Jersey limiting revenue growth acceleration

- Rising interest rates increasing cost of capital for regulated utilities

- Asset impairment risks if renewable energy investments underperform expectations

- Supply chain disruptions affecting capital project execution timelines

- Political/regulatory risk around utility profit margins in NJ legislature

Methodology

Public Service Enterprise Group Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.