PPL Corporation (PPL) is trading up at $33.90 (+0.58%) 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 $41.5, ranging from $39 to $44 — 22% above the current $33.9. 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 | $7.52B | $7.45B | $7.79B | $5.60B | $5.47B | $5.84B | $7.90B | $8.31B | $8.46B | $9.17B |
| Growth (year over year) | −2.0% | −0.9% | +4.5% | −28.0% | −2.3% | +6.6% | +35.4% | +5.2% | +1.8% | +8.4% |
| Operating income | $2.94B | $2.90B | $2.85B | $1.53B | $1.59B | $1.42B | $1.37B | $1.63B | $1.74B | $2.13B |
| Operating margin | 39.1% | 39.0% | 36.6% | 27.2% | 29.0% | 24.4% | 17.4% | 19.6% | 20.6% | 23.2% |
| Net income | $1.90B | $1.13B | $1.83B | $1.75B | $1.47B | −$1.48B | $756.0M | $740.0M | $888.0M | $1.18B |
| Net margin | 25.3% | 15.1% | 23.5% | 31.2% | 26.8% | −25.4% | 9.6% | 8.9% | 10.5% | 12.9% |
| EPS (diluted) | $2.79 | $1.64 | $2.58 | $2.37 | $1.91 | −$1.93 | $1.02 | $1.00 | $1.20 | $1.59 |
| Balance sheet | ||||||||||
| Cash and equivalents | $341.0M | $485.0M | $621.0M | $815.0M | $442.0M | $3.57B | $356.0M | $331.0M | $306.0M | $1.07B |
| Total assets | $38.3B | $41.5B | $43.4B | $45.7B | $48.1B | $33.2B | $37.8B | $39.2B | $41.1B | $45.2B |
| Total liabilities | $28.4B | $30.7B | $31.7B | $32.7B | $34.7B | $19.5B | $23.9B | $25.3B | $27.0B | $30.4B |
| Long-term debt | $17.8B | $19.8B | $20.1B | $20.7B | $13.6B | $10.7B | $12.9B | $14.6B | $16.0B | $18.0B |
| Shareholders' equity | $9.90B | $10.8B | $11.7B | $13.0B | $13.4B | $13.7B | $13.9B | $13.9B | $14.1B | $14.9B |
| Cash flow | ||||||||||
| Operating cash flow | $2.89B | $2.46B | $2.82B | $2.43B | $2.75B | $2.27B | $1.73B | $1.76B | $2.34B | $2.63B |
| Capital expenditure | $2.92B | $3.13B | $3.24B | $2.24B | $2.27B | $1.97B | $2.15B | $2.39B | $2.81B | $4.03B |
| Free cash flow | −$30.0M | −$672.0M | −$417.0M | $184.0M | $476.0M | $297.0M | −$425.0M | −$632.0M | −$465.0M | −$1.40B |
| Dividends paid | $1.03B | $1.07B | $1.13B | $1.19B | $1.27B | $1.28B | $787.0M | $704.0M | $747.0M | $794.0M |
| Share buybacks | — | — | — | $0 | $0 | $1.00B | $0 | $0 | — | — |
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.88B | $2.07B | $2.21B | $2.54B | $2.04B | $2.24B | $2.35B | $2.79B |
| Growth (year over year) | +3.2% | +1.1% | +8.9% | +10.5% | +8.5% | +8.3% | +6.2% | +9.4% |
| Operating income | $390.0M | $428.0M | $377.0M | $678.0M | $406.0M | $569.0M | $476.0M | $745.0M |
| Operating margin | 20.7% | 20.7% | 17.1% | 26.6% | 19.9% | 25.4% | 20.3% | 26.8% |
| Net income | $190.0M | $214.0M | $177.0M | $414.0M | $183.0M | $318.0M | $266.0M | $452.0M |
| Net margin | 10.1% | 10.4% | 8.0% | 16.3% | 9.0% | 14.2% | 11.3% | 16.2% |
| EPS (diluted) | $0.26 | $0.29 | $0.23 | $0.56 | $0.25 | $0.43 | $0.35 | — |
| Balance sheet | ||||||||
| Cash and equivalents | $282.0M | $542.0M | $306.0M | $312.0M | $294.0M | $1.10B | $1.07B | $1.24B |
| Total assets | $39.8B | $40.5B | $41.1B | $41.8B | $42.4B | $43.9B | $45.2B | $46.3B |
| Total liabilities | $25.8B | $26.4B | $27.0B | $27.5B | $28.1B | $29.5B | $30.4B | $31.3B |
| Long-term debt | $15.8B | $16.5B | $16.0B | $15.9B | $15.3B | $16.9B | $18.0B | $19.0B |
| Shareholders' equity | $14.1B | $14.1B | $14.1B | $14.3B | $14.3B | $14.4B | $14.9B | $15.0B |
| Cash flow | ||||||||
| Operating cash flow | $766.0M | $781.0M | $511.0M | $513.0M | $602.0M | $966.0M | $548.0M | $557.0M |
| Capital expenditure | $670.0M | $679.0M | $860.0M | $793.0M | $930.0M | $1.15B | $1.16B | $1.06B |
| Free cash flow | $96.0M | $102.0M | −$349.0M | −$280.0M | −$328.0M | −$179.0M | −$614.0M | −$501.0M |
| Dividends paid | $190.0M | $190.0M | $190.0M | $190.0M | $202.0M | $201.0M | $201.0M | $202.0M |
From PPL 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 →
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.
Source: Wikipedia — PPL Corporation
PPL stock hits 52-week low at 33.16 USD
PPL stock hits 52-week low at 33.16 USD
Is PPL Corporation Stock Underperforming the Dow?
Is PPL Corporation Stock Underperforming the Dow?
RBC Capital initiates PPL stock with Sector Perform rating
RBC Capital initiates PPL stock with Sector Perform rating
PPL Corp.’s (PPL) Guidance Holds Steady Amid A Data Center Gold Rush
PPL Corp.’s (PPL) Guidance Holds Steady Amid A Data Center Gold Rush
Jefferies cuts PPL stock price target on valuation, keeps buy
Jefferies cuts PPL stock price target on valuation, keeps buy
PPL Q2 2026 slides: data center growth drives $23B capex plan
PPL Q2 2026 slides: data center growth drives $23B capex plan
Earnings call transcript: PPL Q2 2026 misses estimates but keeps full-year outlook
Earnings call transcript: PPL Q2 2026 misses estimates but keeps full-year outlook
BofA cuts PPL stock price target to $39 on rate recovery timing
BofA cuts PPL stock price target to $39 on rate recovery timing