This Nuclear Stock is Surging Even While Losing Money: Here's the Reason
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2025
0mins
Source: Benzinga
Oklo Inc's Financial Performance: Oklo Inc reported a wider-than-expected loss of $0.20 per share for its fiscal third quarter, missing estimates, but its shares rose over 8% due to optimism surrounding regulatory approvals and government support for nuclear energy projects.
Regulatory Progress and Strategic Milestones: Analysts noted Oklo's significant progress in gaining regulatory approvals, including a fast-tracked pilot program for its Aurora project, which could expedite the construction of its first nuclear facility.
Future Plans and Challenges: While Oklo is advancing in regulatory aspects, analysts emphasize the importance of execution and scalability, with expectations for significant reactor capacity deployment not anticipated until the early 2030s.
Nuclear Energy Market Outlook: Long-term strategists remain bullish on nuclear energy, highlighting its potential to address global power shortages and the advantages of small modular reactors (SMRs) in terms of cost, safety, and environmental impact.
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Analyst Views on PCG
Wall Street analysts forecast PCG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PCG is 21.36 USD with a low forecast of 18.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 17.100
Low
18.00
Averages
21.36
High
25.00
Current: 17.100
Low
18.00
Averages
21.36
High
25.00
About PCG
PG&E Corporation is a holding company. The Company's primary operating subsidiary is Pacific Gas and Electric Company (the Utility), a public utility operating in Northern and Central California. The Utility is engaged in the sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electric transmission and distribution services throughout its service area in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides electricity, transmission, and distribution services in its service area. The Utility owns approximately 18,000 circuit miles of interconnected transmission lines operating at voltages ranging from 60 kilovolts (kV) to 500 kV. The Utility also operates 33 electric transmission substations with a capacity of approximately 67,000 megavolt amperes (MVA). Customers can also obtain electricity from alternative providers such as municipalities (CCAs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Safety and Reliability Improvements: In 2025, the company achieved a 43% reduction in serious injuries and fatalities, alongside a 19% improvement in system reliability, enhancing customer satisfaction and building greater brand trust.
- Rate Reductions and Customer Benefits: The company has implemented its fourth electric rate reduction in two years, resulting in an 11% decrease in residential bills compared to 2024, which not only alleviates customer burdens but also lays the groundwork for future economic growth and investment attractiveness.
See More
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- Core Earnings Growth: PG&E reported a core earnings per share of $1.50 for 2025, reflecting a 10% increase over 2024, marking the company's fourth consecutive year of double-digit growth, which underscores its robust profitability.
- 2026 Guidance Raised: The company tightened its 2026 core EPS guidance to a range of $1.64 to $1.66, implying a 10% growth, further solidifying its growth outlook with expectations of over 9% annual growth from 2027 through 2030.
- Customer Bill Reductions: PG&E achieved its fourth electric rate reduction in two years, resulting in bundled residential electric rates being 11% lower than January 2024, which is expected to enhance customer satisfaction and strengthen market competitiveness.
- New Technology Partnership: PG&E launched the Emberpoint initiative in collaboration with Lockheed Martin to accelerate the deployment of wildfire solutions at the lowest societal cost, which is anticipated to provide long-term cost savings and service improvements for customers.
See More
PG&E Reports Strong Financial Performance for 2025
- Significant Revenue Growth: PG&E reported income available for common shareholders of $2.593 billion in 2025, translating to a diluted EPS of $1.18, which is an increase from $2.475 billion and $1.15 in 2024, reflecting the company's positive progress in customer capital investment and operational savings.
- Non-GAAP Core Earnings Increase: The company's non-GAAP core earnings reached $3.307 billion, or $1.50 per diluted share in 2025, compared to $2.923 billion and $1.36 per share in 2024, indicating a sustained improvement in financial performance when excluding non-core items.
- Electricity Price Reduction Strategy: PG&E has lowered electric prices four times over the past two years, bucking the national trend of rising prices, which not only enhances customer satisfaction but also strengthens the company's appeal in a competitive energy market.
- Tightened 2026 Earnings Guidance: PG&E has adjusted its 2026 non-GAAP core earnings guidance to a range of $1.64 to $1.66 per share, reflecting confidence in future earnings while indicating ongoing efforts in customer capital investment and cost management.
See More
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- Earnings Guidance Adjustment: PG&E tightens its 2026 non-GAAP core EPS guidance to $1.64-$1.66, slightly up from the previous range of $1.62-$1.66, indicating the company's confidence in its future profitability.
- Customer Bill Inflation Target: By amplifying the Simple Affordable Model, PG&E adjusts its customer bill inflation target to 0-3%, down from 2-4%, aiming to enhance customer satisfaction and strengthen its competitive position in the market.
- Cost Reduction Initiatives: The company has reduced non-fuel operating and maintenance costs by 2.5% in 2025, bringing cumulative savings over four years to over $700 million, which will further enhance financial flexibility and investment capacity.
- Data Center Project Advancement: Since the third quarter update, PG&E has advanced 2 gigawatts of data center projects into final engineering, with approximately 3.6 gigawatts now in this phase, demonstrating the company's proactive approach to infrastructure investment.
See More
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Market Movement: The S&P 500 attempted to reach the 7,000 mark during trading.
End of Day Status: Despite the early gains, the index closed the day at its starting point.
See More
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- Earnings Announcement Date: PG&E is set to release its Q4 2023 earnings report on February 12 before the market opens, with a consensus EPS estimate of $0.36, reflecting a 16.1% year-over-year increase, which could positively impact the stock price.
- Performance Expectation Analysis: Over the past two years, PG&E has exceeded EPS estimates 75% of the time, although it has only surpassed revenue estimates 25% of the time, indicating stability in profitability but a need for stronger revenue growth.
- Estimate Revision Dynamics: In the last three months, PG&E's EPS estimates have seen two upward revisions and four downward revisions, while revenue estimates experienced no upward revisions and one downward revision, suggesting fluctuating market confidence in the company's future performance.
- Investor Attention: ClearBridge Dividend Strategy Fund increased its stake in PG&E during Q4, indicating institutional investors' recognition of its potential value, despite challenges related to capital expenditure plans and data center pipelines.
See More
