PPL trades 16.6% below Wall Street's consensus target of $41.25.
Last 12 months price action with 12-month analyst target path
The base valuation assumes PPL achieves its forward estimates and maintains a stable P/E multiple of 18.1x. This scenario reflects the blended consensus of 29 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 20, 2026, PPL Corporation (PPL) has a Wall Street consensus price target of $41.25, based on estimates from 29 covering analysts. With the stock currently trading at $35.38, this represents a potential upside of +16.6%. The company has a market capitalization of $26.62B.
Analyst price targets range from a low of $37.00 to a high of $48.00, representing a 27% spread in expectations. The median target of $41.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 21 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PPL trades at a trailing P/E of 22.1x and forward P/E of 18.1x. Analysts expect EPS to grow +21.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $41.64, with bear and bull scenarios of $26.24 and $54.87 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
AEEAmeren Corporation | $30.1B | $108.67 | $120.33 | +10.7% | Hold | 20.2x | 23 |
WECWEC Energy Group, Inc. | $36.5B | $112.17 | $123.25 | +9.9% | Hold | 20.0x | 35 |
EVRGEvergy, Inc. | $19.0B | $82.50 | $89.43 | +8.4% | Hold | 19.4x | 18 |
OGEOGE Energy Corp. | $9.8B | $47.30 | $47.50 | +0.4% | Hold | 19.5x | 21 |
AVAAvista Corporation | $3.3B | $39.76 | $39.00 | -1.9% | Hold | 15.3x | 15 |
NWENorthwestern Energy Group Inc | $4.3B | $69.88 | $66.33 | -5.1% | Hold | 18.7x | 18 |
EDConsolidated Edison, Inc. | $39.2B | $106.36 | $107.36 | +0.9% | Hold | 17.4x | 27 |
ESEversource Energy | $26.2B | $69.59 | $75.83 | +9.0% | Hold | 14.9x | 29 |
FEFirstEnergy Corp. | $26.9B | $46.45 | $52.14 | +12.2% | Hold | 17.0x | 28 |
AESThe AES Corporation | $10.4B | $14.62 | $18.33 | +25.4% | Hold | 6.3x | 21 |
Quick answers to the most common questions about buying PPL stock.
PPL Corporation (PPL) has a consensus 12-month price target of $41.25, implying 16.6% upside from $35.38. The 29 analysts covering PPL see moderate appreciation potential.
PPL has a consensus rating of "Buy" based on 29 Wall Street analysts. The rating breakdown is predominantly bullish, with 21 Buy/Strong Buy ratings. The consensus 12-month price target of $41.25 implies 16.6% upside from current levels.
With a forward P/E of 18.1334x, PPL trades at a relatively low valuation. The consensus target of $41.25 implies 16.6% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $48 for PPL, while the most conservative target is $37. The consensus of $41.25 represents the median expectation. Our quantitative valuation model projects a bull case target of $55 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PPL is heavily covered by Wall Street, with 29 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 20 have Buy ratings, 8 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PPL stock forecast based on 29 Wall Street analysts shows a consensus price target of $41.25, with estimates ranging from $37 (bear case) to $48 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $42, with bear/bull scenarios of $26/$55.
Our quantitative valuation model calculates PPL's fair value at $42 (base case), with a bear case of $26 and bull case of $55. 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 48/100.
PPL trades at a forward P/E ratio of 18.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 22.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on PPL, with a "Buy" consensus rating and $41.25 price target (16.6% upside). 21 of 29 analysts rate it Buy or Strong Buy. 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.
PPL analyst price targets range from $37 to $48, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $41.25 consensus represents the middle ground. Our model's $26-$55 range provides an independent fundamental perspective.
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