$PEG

PSEG reported third-quarter 2026 results, reaffirming its 2026 non-GAAP operating earnings guidance. The company highlighted its storm response efforts and financial performance, with PSE&G's results driven by investments in energy efficiency and transmission. PSEG Power & Other's results included lower operating costs and higher nuclear generation, offset by higher taxes and accounting losses. PSEG serves 2.4 million electric and 1.9 million gas customers in New Jersey.

Public Service Enterprise Group (PSEG) reported Q3 2026 net income of $0.76 per share, down from $1.24 in 2025. Non-GAAP operating earnings were $1.15 per share, slightly up from $1.13. PSEG maintained its 2026 guidance of $4.28-$4.40 per share. CEO Ralph LaRossa highlighted solid operational results and investments in energy infrastructure.

BofA Securities reduced its price target for Public Service Enterprise Group (PEG) to $85 from $87, maintaining a Buy rating. The stock trades at $72.11, with analysts' targets ranging from $69 to $96. The firm cites regulatory focus, rate-case filings, and nuclear earnings as key factors. PEG reported Q2 2026 earnings of $0.86 per share, beating estimates, but missed revenue forecasts. HSBC initiated coverage with a Hold rating and $72.50 target, while Truist lowered its target to $78.

GE Vernova and Public Service Enterprise Group are positioned to benefit from growing electricity demand and infrastructure investments. GE Vernova is focused on power-generation equipment and grid technologies, while Public Service Enterprise invests in regulated utility infrastructure. GE Vernova's 2026 EPS is expected to grow 72.41%, with a long-term growth rate of 19.21%. Public Service Enterprise's 2026 EPS is projected to grow 8.15%, with a long-term growth rate of 6.09%.

HSBC initiated coverage on Public Service Enterprise Group (PEG) with a Hold rating and $72.50 price target. The stock trades near its 52-week low at $71. HSBC projects 7% EPS growth through 2030, slowing to 4% thereafter. PEG operates utilities in New Jersey and Long Island, with a $24B-$28B investment plan for 2026-30. Q2 2026 earnings beat estimates, but revenue missed. Truist Securities lowered its price target to $78, citing regulatory challenges.

Truist Securities reduced its price target for Public Service Enterprise Group (PEG) to $78 from $84, citing regulatory uncertainty. PEG's stock is near its 52-week low, with a dividend yield of 3.8%. The company reported Q2 2026 non-GAAP operating earnings of $0.86 per share, beating estimates, but revenue missed expectations. PEG reaffirmed its full-year guidance, attributing growth to utility investments and nuclear operations.

PSE&G launched the GridSmart Battery Program, offering residential customers a $5,000 incentive and up to $25,000 in interest-free repayment for qualifying home battery systems. The program aims to reduce grid stress during peak demand and evaluate the benefits of residential battery storage. It aligns with New Jersey's efforts to expand battery storage and modernize the electric grid. PSE&G is a subsidiary of Public Service Enterprise Group Inc. (PEG).

Bank of America added Aramark and Clean Harbors to its US 1 list, while removing Public Service Enterprise Group, which retains a buy rating.

Westinghouse, Nordion, and PSEG are collaborating to produce cobalt-60 (Co-60) in the U.S. by 2029, addressing domestic demand for the medical isotope. Nordion, a Sotera Health subsidiary, is the global leader in Co-60 production. The project involves licensing, technology development, and integration with operations. Co-60 is crucial for sterilizing medical devices and enhancing food safety, with the U.S. currently relying on imports.

Simply Wall St reports Public Service Enterprise Group (PEG) released Q2 2026 results showing lower net income and EPS. The stock trades at $76.04, down 3.31% over 30 days and 6.11% YTD. The article cites a “most followed narrative” fair value near $87 and calls the shares about 12.9% undervalued, citing utility capex and regulatory rate impacts.