Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Public Service Enterprise Group Incorporated (PEG) has a Wall Street consensus price target of $88.80, based on estimates from 32 covering analysts. With the stock currently trading at $86.07, this represents a potential upside of +3.2%. The company has a market capitalization of $42.86B.
Analyst price targets range from a low of $81.00 to a high of $98.00, representing a 19% spread in expectations. The median target of $90.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 18 analysts rating the stock as a Buy or Strong Buy,13 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, PEG trades at a forward P/E of 19.6x.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $104.09, with bear and bull scenarios of $-20.02 and $172.83 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus price target for PEG is $88.8, close to the current price of $86.07 (3.2% implied move). Based on 32 analyst estimates, the stock appears fairly valued near current levels.
PEG has a consensus rating of "Buy" based on 32 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $88.8 implies 3.2% upside from current levels.
With a forward P/E of 19.5805x, PEG trades at a relatively low valuation. The consensus target of $88.8 implies 3.2% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $98 for PEG, while the most conservative target is $81. The consensus of $88.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $173 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PEG is heavily covered by Wall Street, with 32 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 18 have Buy ratings, 13 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PEG stock forecast based on 32 Wall Street analysts shows a consensus price target of $88.8, with estimates ranging from $81 (bear case) to $98 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $104, with bear/bull scenarios of $-20/$173.
Our quantitative valuation model calculates PEG's fair value at $104 (base case), with a bear case of $-20 and bull case of $173. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 51/100.
PEG trades at a forward P/E ratio of 19.6x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
PEG appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $88.8 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PEG analyst price targets range from $81 to $98, a 19% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $88.8 consensus represents the middle ground. Our model's $-20-$173 range provides an independent fundamental perspective.