Is Wall Street Bullish or Bearish on PPL Corporation Stock?

Core Insights - PPL Corporation is a regulated utility company based in Pennsylvania, with a market capitalization of $26.8 billion, primarily generating revenue from electricity transmission and distribution [1] Performance Overview - PPL shares have underperformed the broader market over the past year, gaining 5% compared to the S&P 500 Index's 15.4% increase [2] - In 2026, PPL's stock has risen 1.4%, slightly outperforming the S&P 500's 1.1% rise on a year-to-date basis [2] - PPL has also lagged behind the State Street Utilities Select Sector SPDR Fund (XLU), which gained approximately 10.5% over the past year [3] Financial Results - For Q3, PPL reported an adjusted EPS of $0.48, exceeding Wall Street's expectation of $0.46, with revenue of $2.24 billion, surpassing the forecast of $2.17 billion [4] - The company expects full-year adjusted EPS to be in the range of $1.78 to $1.84 [4] Earnings Forecast - Analysts project PPL's EPS to grow by 7.7% to $1.82 on a diluted basis for FY2025 [5] - PPL's earnings surprise history is mixed, with the company surpassing consensus estimates in two of the last four quarters [5] Analyst Ratings - The consensus rating among 16 analysts covering PPL stock is a "Moderate Buy," consisting of ten "Strong Buy" ratings, one "Moderate Buy," and five "Holds" [5] - This consensus is slightly more bullish than two months ago, when seven analysts recommended a "Strong Buy" for the stock [7] Price Targets - PPL's mean price target of $40 indicates a premium of 12.7% from current price levels, while the highest price target of $44 suggests an upside potential of 23.9% [8]