$POR

Portland General Electric (POR) filed documents with federal regulators in August 2026 for its Open Access Transmission Tariff revisions, aiming for approval before its planned October 2026 entry into CAISO’s Extended Day-Ahead Market. The company opposes a late motion to intervene, highlighting the importance of timely approvals for its grid modernization and clean energy plans. POR projects $4.3 billion revenue and $515.2 million earnings by 2029, requiring 6.9% yearly revenue growth.

Portland General Electric (POR) filed revisions to its tariff to support participation in the CAISO Extended Day-Ahead Market, scheduled for 2026. Its stock price is $50.19, with a 1-year total shareholder return of 21.85%. Analysts suggest it may be 4.5% undervalued, citing clean energy transitions and federal tax credits, but warn of regulatory and cost risks.

Wall Street analyst research calls include upgrades for Equifax (EFX), O-I Glass (OI), Portland General Electric (POR), Taylor Devices (TAYD), and Ternium (TX), with downgrades for Bowman Consulting (BWMN), Limbach Holdings (LMB), Teradyne (TER), Frontline (FRO), and Weibo (WB). Initiations include Broadcom (AVGO), Hubbell (HUBB), Marvell Technology (MRVL), NVIDIA (NVDA), and SpaceX (SPCX). Markets saw mixed performance with tech and small-cap indices declining, while oil and crypto prices rose.

Wells Fargo upgraded Portland General Electric to Overweight from Equalweight, raising its price target to $58 from $51. The stock is currently trading at $49.88, down 0.59% on the day and 2.15% over the past year. The upgrade is based on a weighted average of ratings including valuation, EPS revisions, and visibility.

Portland General Electric (PGE) filed with the U.S. FERC to update Attachment G of its Open Access Transmission Tariff, replacing its Network Operating Agreement framework with a pro forma agreement, according to the filing, without increasing rates. PGE reported Q2 2026 revenue of $814 million and net income of $68 million, slightly up year over year, while YTD earnings were lower.

Portland General Electric (POR) reported Q2 2026 GAAP net income of $68 million, or $0.59 per diluted share, versus $62 million, or $0.56, a year earlier. Non-GAAP net income was $74 million, or $0.64. Management reaffirmed 2026 adjusted EPS guidance of $3.33 to $3.53 and weather-adjusted load growth of 1.5% to 2.5%.

Simply Wall St reports Portland General Electric (POR) Q2 2026 results: revenue of $814 million and net income of $68 million. The stock closed at $50.15, with 1-month and 7-day returns down, while the 1-year total shareholder return is 23.64%. The article discusses valuation versus an analyst fair value of $52.55 and cites regulatory and grid/renewables cost risks.

Portland General Electric filed with Oregon’s Public Utility Commission to seek another residential electricity rate increase starting July 1, 2027. The company says the average increase would be nearly 4% and would fund grid upgrades and wildfire mitigation. Regulators will review filings, audits, and testimony before approving, modifying, or denying.

According to a July 15 U.S. Department of Energy legal filing, 284 federal grants were terminated in October 2025 across 15 states, including Washington and Oregon. Federal attorneys said the cuts were tied to 2024 election outcomes and Democratic U.S. senators. Oregon and Washington projects lost funding for clean hydrogen, grid upgrades, and energy research.

Portland General Electric (POR) shares fell 1.5% to $49.33 after it reported Q1 2026 GAAP net income of $68 million, or $0.59 per share, and reaffirmed full-year EPS guidance of $3.33 to $3.53. Q1 revenue was $879 million (down 5.3% y/y). Retail and industrial delivery growth and a large-load tariff were cited, while power costs and O&M added EPS headwinds.