PG&E Corporation (NYSE:PCG) is considered one of the ridiculously cheap stocks to buy now, with a ‘Buy’ rating from 78% of analysts and a median price target of $21, offering a 33.16% upside potential. Analyst Carly Davenport from Goldman Sachs reaffirmed a ‘Buy’ rating with a $22 price target.

Morgan Stanley lowered PG&E Corporation’s (NYSE:PCG) price target to $20 from $21, while JPMorgan reduced it to $21 from $22, both maintaining positive ratings. The company announced an organizational restructuring effective January 1, 2026, focusing on enhancing service for customers in California. Patti Poppe remains as CEO, emphasizing customer-centric operations.

PG&E Corporation (NYSE:PCG) is a California-based utility provider of electricity and natural gas, serving commercial, industrial, and agricultural sectors since 1905. While PCG offers investment potential, other AI stocks may present greater upside and lower risk. Consider exploring undervalued AI stocks for investment opportunities.

Read more at Yahoo Finance: Wall Street Mixed on PG&E Corporation (PCG) as Growth Opportunities Emerge for 2026