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PG&E Corporation (PCG) – Price Target Updated by BMO Capital
Yahoo Finance· 2025-10-16 19:06
Core Viewpoint - PG&E Corporation is recognized as one of the best nuclear power dividend stocks to invest in, with a recent price target increase from BMO Capital indicating strong potential for growth [1][3]. Company Overview - PG&E Corporation provides natural gas and electric services to residential and business customers in northern and central California, and owns the Diablo Canyon Power Plant, the only operational nuclear power plant in California [2]. Price Target and Analyst Rating - BMO Capital raised PG&E's price target from $23 to $25, representing an increase of over 50% from the current share price, while maintaining an 'Outperform' rating on the stock [3]. Financial Growth Potential - The company is expected to achieve EPS growth of 10% this year and at least 9% annually from 2026 to 2028, with a target of reaching a 20% dividend payout by 2028 [5]. Investment Thesis - Analysts believe PG&E is trading at a significant discount despite strong EPS and rate base growth, with potential catalysts for multiple expansion including an upgrade to an investment-grade rating and a growing dividend yield [4].
Is PG&E Corporation (PCG) Among the Best Nuclear Energy Stocks According to Wall Street?
Yahoo Finance· 2025-10-11 15:21
Core Insights - PG&E Corporation (NYSE:PCG) is recognized as one of the best nuclear power stocks to buy according to analysts [1] - The company operates the Diablo Canyon Power Plant, which is California's only operational nuclear facility, contributing approximately 10% of the state's electricity and nearly 20% of its clean energy [3] Group 1: Nuclear Energy Operations - Diablo Canyon Power Plant has requested a license renewal from the US Nuclear Regulatory Commission to operate until 2045, with Unit 2 now in extended operations [3] - The plant plays a significant role in California's energy landscape, providing a substantial portion of the state's clean, carbon-free energy [3] Group 2: Technological Advancements - PG&E has implemented an on-site generative AI program at Diablo Canyon, marking a first for commercial AI deployment at a nuclear facility in the US [4] Group 3: Financial Investments - The company announced a $73 billion capital investment plan through 2030, which is an increase of $10 billion from its previous five-year framework, aimed at strengthening the grid to accommodate rising electricity demand from data centers [5]