Morgan Stanley upgraded PG&E Corp (PCG) to Equal-Weight from Underweight on September 17, 2025. The stock is currently priced at $15.81.
This upgrade reflects a more optimistic outlook on PG&E's prospects, suggesting improved fundamentals or increased confidence in the company's strategic direction. PG&E operates as a holding company involved in the generation, transmission, and distribution of electricity and natural gas, primarily through its subsidiary, Pacific Gas and Electric Company.
As of November 20, 2025, PG&E holds a market cap of $35.1 billion, with a P/E ratio of 12.97 and an EPS of 1.22. The company also offers a significant dividend yield of 63.6%.
Upcoming earnings are scheduled for July 29, 2026, with an EPS estimate of $0.38 and revenue expectations of $6.4 billion. Recent performance shows a Q3 2025 EPS of $0.50, surpassing estimates by 18.7%.
Analyst consensus indicates 6 Strong Buy, 10 Buy, 5 Hold, and 1 Sell ratings, reflecting a generally favorable outlook among analysts. Recent actions include UBS maintaining its Neutral rating and Barclays holding its Overweight stance.
Analyst ratings can change with new information, and it is important for investors to consider multiple factors when making decisions.