Wells Fargo & Company Has Lowered Expectations for Portland General Electric (NYSE:POR) Stock Price

Portland General Electric (NYSE:POR) had its target price cut by research analysts at Wells Fargo & Company from $58.00 to $56.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the utilities provider’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 25.78% from the stock’s current price.

Several other research firms have also weighed in on POR. JPMorgan Chase & Co. cut their target price on shares of Portland General Electric from $56.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, September 9th. Zacks Research raised Portland General Electric from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. UBS Group lowered their target price on Portland General Electric from $53.00 to $50.00 and set a “neutral” rating for the company in a research note on Monday, September 28th. BTIG Research set a $57.00 target price on shares of Portland General Electric in a report on Tuesday, October 20th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Portland General Electric in a research note on Thursday, September 24th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Portland General Electric has a consensus rating of “Hold” and a consensus price target of $51.06.

Portland General Electric Price Performance

Shares of Portland General Electric stock traded up $0.33 during trading on Friday, reaching $44.52. The company’s stock had a trading volume of 663,176 shares, compared to its average volume of 1,408,298. The stock has a 50-day moving average price of $46.59 and a two-hundred day moving average price of $50.02. The stock has a market capitalization of $5.24 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of 2.68 and a beta of 0.49. The company has a current ratio of 0.98, a quick ratio of 0.86 and a debt-to-equity ratio of 1.26. Portland General Electric has a one year low of $43.26 and a one year high of $54.62.

Portland General Electric (NYSE:POR) last issued its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.05). Portland General Electric had a net margin of 7.27% and a return on equity of 7.47%. The firm had revenue of $971.00 million for the quarter, compared to analyst estimates of $1.02 billion. During the same period last year, the company earned $1.00 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Portland General Electric will post 3.32 EPS for the current fiscal year.

Institutional Trading of Portland General Electric

Institutional investors have recently made changes to their positions in the business. Mather Group LLC. increased its stake in Portland General Electric by 83.9% in the 3rd quarter. Mather Group LLC. now owns 695 shares of the utilities provider’s stock valued at $31,000 after buying an additional 317 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Portland General Electric in the third quarter valued at about $32,000. State of Wyoming raised its holdings in Portland General Electric by 32.9% during the second quarter. State of Wyoming now owns 1,193 shares of the utilities provider’s stock worth $62,000 after acquiring an additional 295 shares in the last quarter. Versant Capital Management Inc boosted its position in Portland General Electric by 426.4% during the second quarter. Versant Capital Management Inc now owns 2,369 shares of the utilities provider’s stock valued at $123,000 after purchasing an additional 1,919 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in Portland General Electric by 86.0% in the second quarter. IFP Advisors Inc now owns 2,545 shares of the utilities provider’s stock valued at $132,000 after purchasing an additional 1,177 shares in the last quarter.

Portland General Electric News Summary

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Industrial customer demand increased 9% year over year, driven by continued expansion from high-tech and data-center customers. Management indicated that long-term growth expectations remain intact. Portland General Electric Announces Third Quarter 2026 Results
• Positive Sentiment: Third-quarter adjusted earnings rose to $1.06 per diluted share from $1.00 a year earlier, while revenue increased 2% to $971 million. The company also emphasized that its longer-term earnings guidance remains unchanged. Portland General Electric Company Bottom Line Climbs In Q3
• Neutral Sentiment: Management continues to see data centers and other large-load customers as important growth drivers, but the timing and scale of new demand remain factors investors will monitor during the earnings call and subsequent quarters. Portland General Electric Q3 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted EPS of $1.06 missed consensus estimates ranging from $1.07 to $1.11, and revenue was below the approximately $1.02 billion analyst forecast. Portland General Electric Misses Q3 Earnings Estimates
• Negative Sentiment: Portland General Electric lowered its 2026 adjusted EPS guidance to $3.18–$3.28 per share because of the unusually mild third quarter. The guidance reduction is likely the primary reason for the stock’s weakness, despite year-over-year earnings growth. Portland General Electric Lowers 2026 Outlook

Portland General Electric Company Profile

Portland General Electric Company (NYSE:POR) is an investor-owned electric utility that generates, purchases, transmits, distributes and sells electricity to residential, commercial and industrial customers. The company also offers energy-management programs, renewable energy options and other services designed to support energy efficiency and electrification.

PGE serves communities throughout the state of Oregon, including the Portland metropolitan area and the Willamette Valley. Its operations include a diverse portfolio of power generation resources, transmission and distribution infrastructure, and programs supporting the integration of renewable energy and electric vehicles.

The company traces its history to the development of electric service in Oregon in the late 19th century.