JPMorgan Raises Price Target on NorthWestern Energy Group (NWE)

Company Overview - NorthWestern Energy Group, Inc. (NASDAQ:NWE) is a utility company that provides reliable and affordable electricity and natural gas to customers in Montana, South Dakota, and Nebraska [2]. Stock Performance - The share price of NorthWestern Energy Group surged by 3.46% between December 5 and December 12, 2025, making it one of the Energy Stocks that gained the most during that week [1]. Analyst Ratings - On December 12, JPMorgan raised its price target on NorthWestern Energy Group from $60 to $61 while maintaining a 'Neutral' rating on the shares. This adjustment was made as the firm updated its models for the North American utilities group [3]. Industry Outlook - The Energy Information Administration (EIA) projects that U.S. electricity consumption will reach record highs in 2025 and 2026, with expected power demand of 4,199 billion kWh in 2025 and 4,267 billion kWh in 2026. This increase is driven by high demand from data centers, cryptocurrency, and significant electricity use for heating and transportation [4].