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PPL Corp has a consensus price target of $38.63 based on the ratings of 16 analysts. The high is $52 issued by BMO Capital on December 20, 2023. The low is $28 issued by Mizuho on May 2, 2024. The 3 most-recent analyst ratings were released by UBS, Wells Fargo, and JP Morgan on December 17, 2025, December 12, 2025, and December 11, 2025, respectively. With an average price target of $40.33 between UBS, Wells Fargo, and JP Morgan, there's an implied 13.52% upside for PPL Corp from these most-recent analyst ratings.
1calculated from analyst ratings
| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 12/17/2025 | Buy Now | 1.32% | UBS | $38 → $36 | Maintains | Neutral | Get Alert |
| 12/12/2025 | Buy Now | 26.65% | Wells Fargo | $43 → $45 | Maintains | Overweight | Get Alert |
| 12/11/2025 | Buy Now | 12.58% | JP Morgan | $43 → $40 | Maintains | Overweight | Get Alert |
| 10/28/2025 | Buy Now | 21.02% | Wells Fargo | → $43 | Initiates | → Overweight | Get Alert |
| 10/21/2025 | Buy Now | 15.4% | BMO Capital | $40 → $41 | Maintains | Outperform | Get Alert |
| 10/16/2025 | Buy Now | 21.02% | B of A Securities | $38 → $43 | Maintains | Buy | Get Alert |
| 10/14/2025 | Buy Now | 12.58% | Barclays | $35 → $40 | Maintains | Equal-Weight | Get Alert |
| 10/10/2025 | Buy Now | 9.77% | UBS | $37 → $39 | Maintains | Neutral | Get Alert |
| 10/07/2025 | Buy Now | 21.02% | Evercore ISI Group | → $43 | Initiates | → Outperform | Get Alert |
| 09/25/2025 | Buy Now | 6.95% | Morgan Stanley | $39 → $38 | Maintains | Overweight | Get Alert |
| 07/01/2025 | Buy Now | -1.49% | Barclays | $36 → $35 | Maintains | Equal-Weight | Get Alert |
| 06/18/2025 | Buy Now | 4.14% | Morgan Stanley | $38 → $37 | Maintains | Overweight | Get Alert |
| 05/01/2025 | Buy Now | 12.58% | Guggenheim | $38 → $40 | Maintains | Buy | Get Alert |
| 03/21/2025 | Buy Now | 1.32% | UBS | $35 → $36 | Maintains | Neutral | Get Alert |
| 03/20/2025 | Buy Now | 6.95% | Morgan Stanley | $35 → $38 | Maintains | Overweight | Get Alert |
| 02/25/2025 | Buy Now | 1.32% | Barclays | $33 → $36 | Maintains | Equal-Weight | Get Alert |
| 01/22/2025 | Buy Now | -7.12% | Barclays | $34 → $33 | Maintains | Equal-Weight | Get Alert |
| 12/17/2024 | Buy Now | 6.95% | Jefferies | $39 → $38 | Maintains | Buy | Get Alert |
| 12/12/2024 | Buy Now | 1.32% | Citigroup | $31 → $36 | Maintains | Neutral | Get Alert |
| 12/11/2024 | Buy Now | 1.32% | BMO Capital | → $36 | Initiates | → Outperform | Get Alert |
| 11/04/2024 | Buy Now | -1.49% | B of A Securities | $34 → $35 | Maintains | Buy | Get Alert |
| 10/25/2024 | Buy Now | 4.14% | JP Morgan | → $37 | Initiates | → Overweight | Get Alert |
| 10/21/2024 | Buy Now | -4.31% | Barclays | $30 → $34 | Maintains | Equal-Weight | Get Alert |
| 09/19/2024 | Buy Now | 6.95% | Jefferies | → $38 | Initiates | → Buy | Get Alert |
| 09/16/2024 | Buy Now | 4.14% | Wells Fargo | $35 → $37 | Maintains | Overweight | Get Alert |
| 08/29/2024 | Buy Now | -4.31% | B of A Securities | $33 → $34 | Maintains | Buy | Get Alert |
| 08/23/2024 | Buy Now | -7.12% | Morgan Stanley | $31 → $33 | Maintains | Overweight | Get Alert |
| 08/05/2024 | Buy Now | -1.49% | Wells Fargo | $32 → $35 | Maintains | Overweight | Get Alert |
| 06/24/2024 | Buy Now | -12.75% | Morgan Stanley | $32 → $31 | Maintains | Overweight | Get Alert |
| 05/28/2024 | Buy Now | -9.94% | Morgan Stanley | $30 → $32 | Maintains | Overweight | Get Alert |
| 05/02/2024 | Buy Now | -9.94% | Wells Fargo | $30 → $32 | Maintains | Overweight | Get Alert |
| 05/02/2024 | Buy Now | -21.19% | Mizuho | $27 → $28 | Maintains | Neutral | Get Alert |
| 04/11/2024 | Buy Now | -15.56% | B of A Securities | $29 → $30 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | -12.75% | RBC Capital | $30 → $31 | Maintains | Outperform | Get Alert |
| 03/14/2024 | Buy Now | -21.19% | Barclays | $27 → $28 | Maintains | Equal-Weight | Get Alert |
| 03/08/2024 | Buy Now | -15.56% | Argus Research | → $30 | Upgrade | Hold → Buy | Get Alert |
| 02/21/2024 | Buy Now | -15.56% | RBC Capital | $30 → $30 | Reiterates | Outperform → Outperform | Get Alert |
| 02/20/2024 | Buy Now | -15.56% | Wells Fargo | $32 → $30 | Maintains | Overweight | Get Alert |
| 01/22/2024 | Buy Now | -24.01% | Barclays | $25 → $27 | Maintains | Equal-Weight | Get Alert |
| 12/20/2023 | Buy Now | 46.36% | BMO Capital | $51 → $52 | Reinstates | → Outperform | Get Alert |
| 11/21/2023 | Buy Now | -15.56% | Morgan Stanley | $28 → $30 | Maintains | Overweight | Get Alert |
| 10/25/2023 | Buy Now | -21.19% | Morgan Stanley | $29 → $28 | Maintains | Overweight | Get Alert |
| 10/24/2023 | Buy Now | -29.64% | Barclays | $26 → $25 | Maintains | Equal-Weight | Get Alert |
| 10/04/2023 | Buy Now | -29.64% | UBS | → $25 | Downgrade | Buy → Neutral | Get Alert |
| 09/06/2023 | Buy Now | -15.56% | RBC Capital | $33 → $30 | Maintains | Outperform | Get Alert |
| 08/23/2023 | Buy Now | -18.38% | Morgan Stanley | $31 → $29 | Maintains | Overweight | Get Alert |
| 07/21/2023 | Buy Now | -12.75% | Morgan Stanley | $30 → $31 | Maintains | Overweight | Get Alert |
| 07/07/2023 | Buy Now | -12.75% | Guggenheim | $34 → $31 | Maintains | Buy | Get Alert |
| 06/23/2023 | Buy Now | -15.56% | Morgan Stanley | $31 → $30 | Maintains | Overweight | Get Alert |
| 05/22/2023 | Buy Now | -12.75% | Morgan Stanley | $32 → $31 | Maintains | Overweight | Get Alert |
| 04/20/2023 | Buy Now | -9.94% | Morgan Stanley | $29 → $32 | Maintains | Overweight | Get Alert |
| 03/21/2023 | Buy Now | -18.38% | Morgan Stanley | $31 → $29 | Maintains | Overweight | Get Alert |
| 02/22/2023 | Buy Now | -12.75% | Morgan Stanley | $33 → $31 | Maintains | Overweight | Get Alert |
| 01/23/2023 | Buy Now | -7.12% | Morgan Stanley | $32 → $33 | Maintains | Overweight | Get Alert |
The latest price target for PPL (NYSE:PPL) was reported by UBS on December 17, 2025. The analyst firm set a price target for $36.00 expecting PPL to rise to within 12 months (a possible 1.32% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for PPL (NYSE:PPL) was provided by UBS, and PPL maintained their neutral rating.
The last upgrade for PPL Corp happened on March 8, 2024 when Argus Research raised their price target to $30. Argus Research previously had a hold for PPL Corp.
The last downgrade for PPL Corp happened on October 4, 2023 when UBS changed their price target from N/A to $25 for PPL Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PPL, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PPL was filed on December 17, 2025 so you should expect the next rating to be made available sometime around December 17, 2026.
While ratings are subjective and will change, the latest PPL (PPL) rating was a maintained with a price target of $38.00 to $36.00. The current price PPL (PPL) is trading at is $35.53, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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