FirstEnergy (FE)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$46.77-0.57%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · FE
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -3.2% |
| Our one-year growth estimate | diamond | 3.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 6.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 31 industry peers
FE — earnings in line
Dated 2026-04-28
Results of Operations and Financial Condition On April 28, 2026, FirstEnergy Corp. (“FirstEnergy” or the “Company”) issued a news release (the “Release”) announcing its financial results for the three months ended March 31, 2026. A copy of the Release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The Company has presented certain financial information in accordance with U.S. generally accepted accounting principles (“GAAP”) and also on…
Why it matters: More demand for data centers helps FirstEnergy make money and invest.
Supportive ifData center demand grew over 30% compared to Q2 2026.
Worry ifData center demand grew less than 30% compared to Q2 2026.
Why it matters: Changes in rules could affect FirstEnergy's plans for raising rates.
Worry ifRegulators made good choices. These choices support a 15% investment increase in Ohio.
Less concerning ifBad decisions from regulators or delays that block the rate plan.
Why it matters: Sector growth trends impact FirstEnergy's performance. Slowing growth could affect earnings.
Watch forUtility sector revenue growth speeds up again. It reaches over 5%.
Also watch forUtility sector revenue growth slows down, falling below 5%.
Why it matters: Doing this program well is important for long-term growth and better infrastructure.
Supportive ifFirstEnergy plans to invest $6 billion as planned for 2026.
Worry ifCapital investments are far below the $6 billion goal for 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$83 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $169 loss on $10,000 · 1.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,558 loss on $10,000 · 15.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: News about the partnership can show chances for growth and strong investments. Good news may help investors feel more confident.
Supportive ifA press release detailing new projects or investments from the partnership with Brookfield.
Worry ifNo news or bad news about the partnership in the next quarterly report.
Why it matters: Staying in the $2.62 to $2.82 range shows steady performance. This helps investor confidence.
Supportive ifQ3 Core Earnings reported between $2.62 and $2.82 per share.
Worry ifQ3 Core Earnings reported below $2.62 per share.
Why it matters: The proposed 15% investment increase could lead to more growth. Good news may show better financial health.
Supportive ifApproval or positive feedback on the Three-Year Rate Plan filed for July 2027-June 2030.
Worry ifNegative feedback or rejection of the proposed rate plan.
Why it matters: Utilities are in a maturing phase. A rebound could signal better performance for FirstEnergy.
Supportive ifSector revenue growth speeds up to 5% or higher.
Worry ifSector revenue growth slows down below current levels.
Why it matters: The 4.75% rate increase approval boosts revenue and helps recover investments.
Supportive ifApproval of the 4.75% rate increase effective August 1, 2026.
Worry ifRejection or delay of the proposed rate increase.