PG&E Corporation (PCG)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$14.30+2.44%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
Research Workspace
Put PCG beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Multi-Utilities is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — EPS of $1.64 to $1.66 in FY26: EPS guidance $1.64-$1.66 vs target $1.64-$1.66.
View ThesisRevenue is growing steadily — about 6% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 30%, softest on free-cash-flow yield.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskPCG's growth depends on reaffirming its 2026 EPS guidance of $1.64 to $1.66. Recent earnings beat expectations, showing strong performance despite sector challenges. The stock trades at 1.0× P/B, below the peer median of 2.0×, suggesting it may be undervalued. However, the market reflects modest growth expectations, indicating potential risks if guidance is cut. Analysts have downgraded their ratings due to increased wildfire liability risks from Senate Bill 492. Peer multiples imply a price about 34% above where it trades. This read is provisional; the thesis is on watch due to pressures on EPS guidance.
Trailing returns as of 2026-09-04. PCG is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 19 analysts currently covering PCG (as of Sep 2026).
Based on 7 Wall Street analysts offering 12-month price targets for PCG in the last 4 months.
Continue this research
Compare PCG with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| PCG Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Multi-Utilities — fair value, gap to price, and forward P/E.
Compare the value case
Put PCG next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Wildfire liability concerns could hinder growth and EPS guidance.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $14.30
The last 12 months of price, then the range of analyst 12-month targets from today’s $14.30.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Wildfire bill uncertainty poses financial risks to PG&E.
Increased fire risks could lead to legal liabilities and costs.
Strategic review raises concerns about management's stability and direction.
Threatens: Expand renewable natural gas facilities
Spending deferral raises concerns about growth and expansion plans.
Strategic review may enhance wildfire liability management.
Threatens: Reduce non-fuel operating and maintenance costs by 2-4%
Deferral of work may hinder cost reduction objectives.
Threatens: Reaffirm 2026 EPS guidance of $1.64 to $1.66
Deferring spending could impact EPS guidance.
