PG&E Corporation (PCG) is trading up at $12.79 (+2.32%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Utilities sector.
Current price targets from 2 firms average $22.5, ranging from $21 to $24 — 76% above the current $12.8. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $17.7B | $17.1B | $16.8B | $17.1B | $18.5B | $20.6B | $21.7B | $24.4B | $24.4B | $24.9B |
| Growth (year over year) | +4.9% | −3.0% | −2.2% | +2.2% | +7.8% | +11.8% | +5.0% | +12.7% | −0.0% | +2.1% |
| Operating income | $2.08B | $2.90B | −$9.70B | −$10.1B | $1.75B | $1.88B | $1.84B | $2.67B | $4.46B | $4.75B |
| Operating margin | 11.8% | 17.0% | −57.9% | −58.9% | 9.5% | 9.1% | 8.5% | 10.9% | 18.3% | 19.0% |
| Net income | $1.39B | $1.65B | −$6.85B | −$7.66B | −$1.32B | −$102.0M | $1.80B | $2.24B | $2.48B | $2.59B |
| Net margin | 7.9% | 9.6% | −40.9% | −44.7% | −7.1% | −0.5% | 8.3% | 9.2% | 10.1% | 10.4% |
| EPS (diluted) | $2.78 | $3.21 | −$13.25 | −$14.50 | −$1.05 | −$0.05 | $0.84 | $1.05 | $1.15 | $1.18 |
| Balance sheet | ||||||||||
| Cash and equivalents | $177.0M | $449.0M | $1.67B | $1.57B | $484.0M | $291.0M | $734.0M | $635.0M | $940.0M | $713.0M |
| Total assets | $68.6B | $68.0B | $77.0B | $85.2B | $97.9B | $103.3B | $118.6B | $125.7B | $133.7B | $141.6B |
| Total liabilities | $50.4B | $48.5B | $64.1B | $79.8B | $76.6B | $82.1B | $95.6B | $100.4B | $103.3B | $108.8B |
| Long-term debt | $16.2B | $17.8B | $22.1B | $0 | $37.3B | $38.2B | $47.7B | $51.0B | $53.6B | $57.4B |
| Shareholders' equity | $17.9B | $19.2B | $12.7B | $5.14B | $21.0B | $21.0B | $22.8B | $25.0B | $30.1B | $32.5B |
| Cash flow | ||||||||||
| Operating cash flow | $4.41B | $5.98B | $4.75B | $4.82B | −$19.1B | $2.26B | $3.72B | $4.75B | $8.04B | $8.72B |
| Capital expenditure | $5.71B | $5.64B | $6.51B | $6.31B | $7.69B | $7.69B | $9.58B | $9.71B | $10.4B | $11.8B |
| Free cash flow | −$1.30B | $336.0M | −$1.76B | −$1.50B | −$26.8B | −$5.43B | −$5.86B | −$4.97B | −$2.33B | −$3.07B |
| Dividends paid | $921.0M | $1.02B | $0 | $0 | — | — | $0 | $0 | $86.0M | — |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $5.94B | $6.63B | $5.98B | $5.90B | $6.25B | $6.80B | $6.88B | $5.90B |
| Growth (year over year) | +0.9% | −5.8% | +2.1% | −1.5% | +5.2% | +2.6% | +15.0% | +0.1% |
| Operating income | $1.03B | $1.02B | $1.22B | $1.10B | $1.21B | $1.22B | $1.47B | $1.26B |
| Operating margin | 17.3% | 15.4% | 20.4% | 18.6% | 19.3% | 18.0% | 21.4% | 21.4% |
| Net income | $576.0M | $647.0M | $607.0M | $521.0M | $823.0M | $642.0M | $858.0M | $733.0M |
| Net margin | 9.7% | 9.8% | 10.1% | 8.8% | 13.2% | 9.4% | 12.5% | 12.4% |
| EPS (diluted) | $0.27 | $0.30 | $0.28 | $0.24 | $0.37 | $0.29 | $0.39 | $0.33 |
| Balance sheet | ||||||||
| Cash and equivalents | $895.0M | $940.0M | $2.02B | $494.0M | $404.0M | $713.0M | $1.13B | $972.0M |
| Total assets | $132.3B | $133.7B | $135.4B | $136.4B | $138.2B | $141.6B | $142.0B | $145.1B |
| Total liabilities | $105.2B | $103.3B | $104.5B | $104.9B | $106.0B | $108.8B | $108.5B | $110.9B |
| Long-term debt | $54.7B | $53.6B | $52.7B | $54.0B | $55.5B | $57.4B | $60.1B | $61.8B |
| Shareholders' equity | $26.8B | $30.1B | $30.7B | $31.2B | $32.0B | $32.5B | $33.3B | $33.9B |
| Cash flow | ||||||||
| Operating cash flow | $3.13B | $1.93B | $2.85B | $1.06B | $2.85B | $1.96B | $2.43B | $906.0M |
| Capital expenditure | $2.60B | $2.83B | $2.63B | $3.06B | $2.93B | $3.16B | $3.36B | $2.97B |
| Free cash flow | $526.0M | −$896.0M | $213.0M | −$2.01B | −$80.0M | −$1.20B | −$926.0M | −$2.06B |
| Dividends paid | $21.0M | $22.0M | $55.0M | $55.0M | $56.0M | — | — | — |
From PG&E Corporation's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
Source: Wikipedia — Pacific Gas and Electric Company
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