Public Service Enterprise Group Incorporated (PEG) operates in the electric and gas utility business, with a market cap of $41.6 billion. PEG stock has declined 3% in the past year, compared to the S&P 500 Index’s 14% rally. In 2025, PEG is down 1.5%, while the SPX has risen 16.2% YTD. PEG has underperformed the Utilities Select Sector SPDR Fund (XLU), which gained 13.2% over the past year and 18.5% YTD. PEG shares closed up by 1% after reporting Q3 results, exceeding EPS expectations at $1.13 with $3.2 billion in revenue. Analysts expect EPS to grow 9.5% to $4.03 for the current fiscal year. Jefferies Financial Group upgraded PEG to a “Buy” rating with a price target of $90, implying an 8.1% upside potential.
Read more at Barchart: Is Wall Street Bullish or Bearish on Public Service Enterprise Group Stock?
