PG&E Corporation (PCG)
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
$13.23-1.27%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
QuarterlyIQ Insights · PCG
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 is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -36.2% |
| Our one-year growth estimate | diamond | 4.4% |
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.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
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 40.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 20 industry peers · Company calendar date is not available
PCG — earnings miss
Dated 2026-10-22
Results of Operations and Financial Condition. On October 22, 2026, PG&E Corporation issued a press release reporting its financial results and the financial results of its subsidiary Pacific Gas and Electric Company (the “Utility”) for the quarter ended September 30, 2026. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information included in this Item 2.02, including Exhibit 99.1 in Item 9.01, is being furnished and shall not be deemed to be “filed” fo…
Why it matters: PG&E reaffirmed this range, but Q3 core EPS fell to $0.41 from $0.50 a year earlier. Full-year results will show whether it met its stated goal.
Watch forFY2026 core EPS is reported between $1.64 and $1.66 per share.
Also watch forFY2026 core EPS is reported below $1.64 or above $1.66 per share.
Why it matters: PG&E says it is on track for this cost cut. Meeting the range would show progress on a key goal, while missing it would weaken that claim.
Watch forPG&E reports a 2–4% drop in non-fuel O&M costs for 2026.
Also watch forPG&E reports a drop below 2%, no drop, or a rise in non-fuel O&M costs for 2026.
Why it matters: PG&E reported a pipeline above 12 GW and 174 MW energized since 2024. More completed load could support grid growth and lower bills if pricing is right.
Supportive ifPG&E reports more than 174 MW of data center load energized after 2026-Q3, with new projects added to the total.
Worry ifPG&E reports no increase from 174 MW energized since 2024, or says planned projects were delayed or canceled.
Why it matters: PG&E says a lasting framework is needed for customers and investors. A clear state action would resolve a key open issue; delay would leave it unresolved.
Watch forCalifornia passes a lasting plan for wildfire costs. PG&E says it addresses customer and investor needs.
Also watch forNo framework is enacted, or PG&E says talks have stalled or the proposal does not meet its stated need.
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 | ±$130 on $10,000 · ±1.3% | How much price usually moves either way. |
| Bad day | $335 loss on $10,000 · 3.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,755 loss on $10,000 · 37.5% | 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: PG&E says it is putting the cut into action, but has not shown how much is in place. Its next plan update can show the size and timing of the change.
Watch forPG&E's 2027 capital plan shows a $2 billion reduction from its prior plan.
Also watch forPG&E reports a 2027 capital plan reduction below $2 billion or delays the cut.