PG&E Corp.

PG&E Corp.

PCG

Get informed when a big investor buys or sells

+ Follow
Market Cap$46.58B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
PG&E Corp.PG&E Corp.12.61.01%8%--

Earnings Call Q2 2026

July 23, 2026 - AI Summary

Strong earnings + reaffirmed full-year forecast (good): - Core EPS: $0.40 in 2Q26; $0.83 for 1H26 (+ $0.19 vs. same point last year). - Full-year 2026 core EPS guidance reaffirmed: $1.64–$1.66 (midpoint ~+10% vs. 2025). - Management attributes growth to customer capital investment (+$0.09 YoY) and O&M savings/redeployment (~+$0.03 net), with some timing items expected to reverse in 2H.
Capital plan + affordability model remain the core strategy (good, with clear expectations): - $73B capital plan through 2030 reaffirmed; no additional equity financing required under the plan. - Customer affordability target: flat bills (0%–3% annual customer bill growth); repeatedly framed as the “simple affordable model” enabling investment while keeping bills controlled. - O&M savings target: 2%–4% annual reductions in nonfuel O&M, with management confidence that there’s “room for improvement” (they specifically highlight strategic sourcing and AI adoption as upside areas).
Data center load growth pipeline is a major opportunity (surprising positives): - Pipeline updated to >12 GW (up from >10 GW preapplication interest last quarter), driven by projects from the 2026 cluster study. - Pipeline quality tightened: inclusion thresholds increased; signed work performance agreement + ~10% financial commitment becomes required for final engineering inclusion. - Execution expectation: about ~1.8 GW of new load online by 2030 (could be higher for projects with faster paths like direct connect to 500kV), plus management emphasizes correct rate pricing to keep the load rate-reducing.

Exclusive for Stockcircle Pro members

Sign upSign Up
$24.50

Target Price by Analysts

41% upsidePG&E Target Price DetailsTarget Price
$-3.81

Current Fair Value

121.9% downside

Overvalued by 121.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$46.58 Billion
Enterprise Value$48.44 Billion
Dividend Yield$0.17 (1.01%)
Earnings per Share$1.18
Beta0.27
Outstanding Shares2,202,000,000

Return

Return on Equity7.95%ROE
Return on AssetsNaN%
Return on Invested Capital16.57%

Valuation & Multiples

P/E Ratio12.59P/E Ratio
PEG32.61PEG
Price to Sales-Price to Sales
Price to Book Ratio-0.36Price to Book Ratio
Enterprise Value to Revenue53.7
Enterprise Value to EBIT-23.74
Enterprise Value to Net Income15
Total Debt to Enterprise0.04
Debt to Equity0.05Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$0.37
Average shareholder expectation
Revenue Estimate
$6.12 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 22, 2026
EPS Estimate
$0.45
Average shareholder expectation
Revenue Estimate
$6.77 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 51.66%
Total Calls- 100.00%
Total Puts3,103,300 67.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.37% 92.95%
Total Invested$1.25B 96.65%
Investors Holding321 643.00%

ESG Score

No data

About PG&E Corp.

23,000 employees
CEO: Bill Smith

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the co...

Relevant Senate Committees

Joint Committee on Taxation

Provides critical analysis and scoring for all tax legislation, directly influencing corporate tax structures and capital investment credits which are vital for PG&E's financial planning.

Finance

Direct control over taxation and trade policy profoundly impacts PG&E's profitability, capital investment decisions, and overall valuation through corporate tax rates and energy credits.

Appropriations

Controls federal spending, which directly impacts potential funding for energy infrastructure projects, R&D, and resilience programs vital to PG&E's operations and capital expenditures.

Energy and Natural Resources

Direct oversight of national energy policy, the Department of Energy, and regulations impacting natural gas, electric, and nuclear sectors, critically affecting PG&E's core business.

Environment and Public Works

Direct regulatory oversight of nuclear power (Nuclear Regulatory Commission) and environmental impacts (EPA) are crucial to PG&E's operations and costs, affecting its natural gas and nuclear generation.