Forecast

The analysts' average price target is €16.62 (+35.67%). The median is €18.06 (+47.43%).

Buy	13
Hold	16
Sell	1

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PG&E urges California to revive wildfire liability reform after shelved bill

PG&E CEO Patti Poppe said California lawmakers should return to the table to pass wildfire liability reform after a failed proposal sent PG&E shares tumbling about 20%. Poppe argued reform would lower borrowing costs, help regain an investment-grade credit rating and unlock billions for investment, noting lower rates could have saved customers roughly $600 million on recent debt issuances. The utility cut $2 billion from its 2027 capital plan to $11.4 billion, delaying housing starts and renewable projects amid continued wildfire liability uncertainty. » More on cnbc.com
PG&E defers $2 billion of 2027 spending and launches strategic review after wildfire liability setback

PG&E will defer about $2 billion of planned 2027 capital spending, leaving a capital plan of roughly $11.4 billion versus an earlier $13.4 billion target. The company opened a strategic review after a Senate bill amendment failed to meaningfully reduce utilities' wildfire liability exposure, saying the framework raises financing risks and customer costs. The review aims to cut customer costs and reduce debt financing needs by $2 billion and will evaluate regulatory, financial, operational and structural options. » More on finance.yahoo.com
Bank of America downgrades PG&E and cuts price target after inadequate wildfire reforms

Bank of America downgraded PG&E from "Buy" to "Neutral" and cut the price target from $24 to $13, saying the new California wildfire laws do not create a sustainable liability and funding framework. The bank expects PG&E could cut about $7.3 billion in investments, which would dampen projected EPS growth through 2030 from over 9% to around 7%. At the same time, a return of capital could lift the dividend yield to about 6.5% and the payout ratio to 43–50%, although the bank emphasized that PG&E has not announced such a plan. » More on de.investing.com

Historical dividends Dividends

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In 2026, PG&E has already paid €0.13 in dividends. The last payout was in July.

Financials

In the last quarter, PG&E had revenue of €5.17B and net profit of €666.8M

(EUR)	June 2026	YoY
Revenue	5.17B	3.35%
Gross profit	4.37B	121.23%
Net profit	666.8M	43.16%
EBITDA	2.22B	2.83%

Fundamentals

Metric	Value
Market capitalization	€34.15B
Number of shares	2.68B
52-week high/low	€16.48 - €10.83
Dividend yield	1.18%
Dividends TTM	€0.15
Beta	0.28
P/E ratio	10.74
PEG ratio	0.40
P/B ratio	0.96
P/S ratio	1.54

Company profile

Die PG&E Corporation ist über ihre Tochtergesellschaft Pacific Gas and Electric Company im Verkauf und der Lieferung von Strom und Erdgas an Kunden in Nord- und Zentralkalifornien in den Vereinigten Staaten tätig. Das Unternehmen erzeugt Strom mit Hilfe von Kernenergie, Wasserkraft, fossilen Brennstoffen, Brennstoffzellen und Fotovoltaik. Zum 31. Dezember 2021 besaß und betrieb das Unternehmen ca. 18.000 Leitungsmeilen an miteinander verbundenen Übertragungsleitungen, 33 Umspannwerke für die Stromübertragung, ca. 108.000 Leitungsmeilen an Verteilungsleitungen, 67 Umspannwerke für die Übertragung und 753 Umspannwerke für die Verteilung sowie ein Erdgastransport-, -speicher- und -verteilungssystem, das aus ca. 43.800 Meilen an Verteilungspipelines, ca. 6.200 Meilen an Backbone- und lokalen Übertragungspipelines sowie verschiedenen Speicheranlagen bestand. Das Unternehmen beliefert private, gewerbliche, industrielle und landwirtschaftliche Kunden sowie erdgasbefeuerte Stromerzeugungsanlagen. Das Unternehmen wurde im Jahr 1905 gegründet und hat seinen Hauptsitz in San Francisco, Kalifornien.