PG&E (NYSE:PCG) has seen its one-year price target revised to $20.15 per share, a decrease of 12.41% from the previous estimate of $23.01 on August 25, 2026. The new target averages several analysts’ estimates, with a range spanning from a low of $14.14 to a high of $25.20. This price target indicates a potential increase of 46.04% from its last closing price of $13.80 on September 11, 2026.
The company’s share price decreased by 3.50% in the week leading up to September 4, 2026, and by 20.23% over the month since August 11, 2026. PG&E reported earnings of $0.40 per share on July 23, 2026, surpassing estimates but falling short on revenue, reporting $5.9 billion against an expected $6.24 billion.
As of September 1, 2026, 22 analyst recommendations were recorded, with 5 strong buy, 9 buy, 8 hold, and no sell ratings, indicating a positive recommendation percentage of 63.6%. PG&E serves approximately 16 million customers in Northern and Central California, delivering both electricity and natural gas.
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