PG&E Analyst Price Targets

Wall Street analyst price targets and consensus rating for PG&E (PCG).

Price Target Range — 13 Quarters

Analyst Consensus — 13 Analysts

10Buy

3Hold

Consensus RatingOverweight# Analysts13Avg. Consensus PT$22Upside to Avg. PT+21.3%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Aug 21, 2026	Morgan Stanley	David Arcaro	PT Cut	Equal-Weight	$23→$22
Aug 4, 2026	Truist Securities	Richard Sunderland	PT Cut	Buy	$23→$21
Jul 24, 2026	BMO Capital	James Thalacker	PT Raise	Outperform	$27→$28
Jul 22, 2026	BMO Capital	James Thalacker	PT Cut	Outperform	$28→$27
May 18, 2026	Truist Securities	Richard Sunderland	PT Cut	Buy	$23→$22
May 15, 2026	JP Morgan	Aidan Kelly	PT Cut	Overweight	$24→$23
Apr 21, 2026	Truist Securities	Richard Sunderland	Initiate	Buy	$23
Mar 23, 2026	Jefferies	Julien Dumoulin-Smith	Downgrade	Buy→Hold	$20→$19
Mar 18, 2026	JP Morgan	Richard Sunderland	PT Raise	Overweight	$21→$24
Mar 9, 2026	UBS	Gregg Orrill	Upgrade	Neutral→Buy	$20→$23
Feb 20, 2026	UBS	Gregg Orrill	PT Raise	Neutral	$18→$20
Feb 18, 2026	Barclays	Nicholas Campanella	PT Raise	Overweight	$21→$23
Jan 28, 2026	Jefferies	Julien Dumoulin-Smith	PT Cut	Buy	$21→$20
Jan 20, 2026	Wells Fargo	Shahriar Pourreza	PT Raise	Overweight	$23→$24
Dec 12, 2025	JP Morgan	Richard Sunderland	PT Cut	Overweight	$22→$21
Oct 28, 2025	Wells Fargo	Shahriar Pourreza	Initiate	Overweight	$23
Oct 24, 2025	UBS	Gregg Orrill	PT Raise	Neutral	$17→$18
Oct 22, 2025	Jefferies	Julien Dumoulin-Smith	PT Raise	Buy	$20→$21
Oct 14, 2025	BMO Capital	James Thalacker	PT Raise	Outperform	$23→$25
Oct 3, 2025	Jefferies	Julien Dumoulin-Smith	PT Cut	Buy	$22→$20