Jefferies initiated coverage of PG&E with a rating of Buy and set a new price target of $24.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $22.00 → $19.00 | Buy → Neutral | UBS |
| 2/18/2025 | Buy → Neutral | Guggenheim | |
| 2/14/2025 | $20.00 → $16.50 | Equal-Weight → Underweight | Morgan Stanley |
| 2/12/2025 | Overweight | Analyst | |
| 1/13/2025 | $21.00 | Outperform | BMO Capital Markets |
| 10/14/2024 | $24.00 | Buy | Jefferies |
| 9/12/2024 | $24.00 | Buy | BofA Securities |
| 6/10/2024 | $19.00 → $22.00 | Neutral → Overweight | JP Morgan |
SC 13G/A - PG&E Corp (0001004980) (Subject)
SC 13G/A - PG&E Corp (0001004980) (Subject)
SC 13G/A - PG&E Corp (0001004980) (Subject)
4 - PG&E Corp (0001004980) (Issuer)
3 - PG&E Corp (0001004980) (Issuer)
4 - PG&E Corp (0001004980) (Issuer)
Deployment of advanced power flow control technology enables 100+ MW of additional capacity, ensures efficient power distribution for critical infrastructure SAN JOSE, Calif. and DURHAM, N.C., May 28, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) and Smart Wires today announced a new project to enhance grid reliability and meet energy commitments for data centers connecting in San Jose. By deploying its cutting-edge advanced power flow control (APFC) technology, Smart Wires will help PG&E mitigate thermal overloads, redirect power flow, and increase available capacity at its Los Esteros electric substation.
Every 1,000 MW (or 1 GW) of New Electric Demand from Data Centers Could Decrease Monthly Electric Bills by 1-2% SAN JOSE, Calif., May 27, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is seeing a huge jump in the amount of electricity needed for new data centers. These centers, which power things like cloud storage and artificial intelligence (AI), are expected to need about 8.7 gigawatts (GW) of electricity over the next 10 years. That's a big increase from the 5.5 GW PG&E reported at the end of 2024. To give an idea of how much power that is—just 1 GW can pow
Celebrate Safely During Graduation Season; Keep Metallic Balloons Weighted Down OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- With graduation season in full swing, Pacific Gas and Electric Company (PG&E) is warning customers about the public safety risks associated with helium-filled metallic balloons: If your graduation celebration involves balloons, make sure they are secured with a weight. Otherwise, they can float away and come into contact with overhead power lines, causing a public safety risk. In the first five months of 2025, metallic balloons striking electric lines h
Every 1,000 MW (or 1 GW) of New Electric Demand from Data Centers Could Decrease Monthly Electric Bills by 1-2% SAN JOSE, Calif., May 27, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is seeing a huge jump in the amount of electricity needed for new data centers. These centers, which power things like cloud storage and artificial intelligence (AI), are expected to need about 8.7 gigawatts (GW) of electricity over the next 10 years. That's a big increase from the 5.5 GW PG&E reported at the end of 2024. To give an idea of how much power that is—just 1 GW can pow
Westbank Issues Global Call for Data Centers SAN JOSE, Calif., April 9, 2025 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) and real estate developer Westbank announced two major milestones in the development of Silicon Valley's innovative net-zero community. PG&E infrastructure upgrades have begun, and Westbank has launched a global call for data center partners to join the initiative. Eastdil Secured, a global real estate investment bank, will lead the process of identifying partners who support using data centers to enhance communities. Westbank's project will pair three data centers with up to 4,000 residential units to create a sustainable downtown San Jose. Excess hea
OAKLAND, Calif., Dec. 16, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the appointment of Leo P. Denault to the Boards of Directors of PG&E Corporation and its subsidiary, Pacific Gas and Electric Company, effective February 19, 2025. As Chairman and Chief Executive Officer of Entergy Corporation from 2013 to 2022, Denault transformed the company into a premier utility with one of the nation's cleanest energy portfolios. At Entergy, Denault led the charge to invest in the reliability and resilience of the energy system while maintaining financial stability.
OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- On May 22, 2025, PG&E Corporation (NYSE: PCG) declared its second quarter 2025 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending July 31, 2025, to be payable on August 15, 2025, to shareholders of record as of July 31, 2025. PG&E will pay dividends
OAKLAND, Calif., April 24, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) is on track to deliver solid 2025 financial results. Financial progress includes: GAAP earnings were $0.28 per share for the first quarter of 2025, compared to earnings of $0.34 per share for the same period in 2024.Non-GAAP core earnings were $0.33 per share for the first quarter of 2025, compared to earnings of $0.37 per share for the same period in 2024.Equity needs fully satisfied to fund the five-year capital plan of $63 billion through 2028.2025 GAAP EPS guidance updated to $1.29 to $1.35 per sha
OAKLAND, Calif., March 27, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its first quarter 2025 results. The public can access the conference call through a simultaneous webcast. The link is provided below and will also be available from the PG&E Corporation website. What: First Quarter 2025 Earnings Call When: Thursday, April 24, 2025 at 11:00 a.m. Eastern Time Where: http://investor.pgecorp.com/news-events/events-and-presentations/default.aspx A
4 - PG&E Corp (0001004980) (Issuer)
4 - PG&E Corp (0001004980) (Issuer)
4 - PG&E Corp (0001004980) (Issuer)
UBS downgraded PG&E from Buy to Neutral and set a new price target of $19.00 from $22.00 previously
Guggenheim downgraded PG&E from Buy to Neutral
Morgan Stanley downgraded PG&E from Equal-Weight to Underweight and set a new price target of $16.50 from $20.00 previously
SCHEDULE 13G - PG&E Corp (0001004980) (Subject)
10-Q - PG&E Corp (0001004980) (Filer)
8-K - PG&E Corp (0001004980) (Filer)