OGE Similar Chart Price Prediction
The price of OGE is predicted to go up 30.57%, based on the high correlation periods with UIS. The similarity of these two price pattern on the periods is 94.68%.
OGE
UIS
Up: 30.57%Similarity: 94.68%
OGE Revenue Forecast
OGE EPS Forecast
OGE FAQs
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OGE VS S&P500
OGE is making progress improving Oklahoma regulation so that it can execute its growth investment plan without creating a drag on its earned return on equity.
Although we expect the dividend to grow only 1% annually for the next few years, investors still should benefit from growing earnings and minimal equity needs.
The economy in OG&E's service territory is healthy and annual customer growth exceeds 2%, higher than most electric utilities.
OGE Analyst's Forecast
Durgesh Chopra
Evercore ISI Group
Hold → Buy
2025-01-21
Price Target
$40 → $47
Upside
+8.39%
Evercore ISI upgraded OGE Energy to Outperform from In Line with a price target of $47, up from $40. The firm maintains a positive outlook for the power and utilities group, saying improving fundamentals and a favorable valuation backdrop should support outperformance through the first half of 2025. Factors such as inflation moderating, potential future interest rate cuts, and rising electricity demand are expected to act as tailwinds, the analyst tells investors in a research note. Evercore anticipates elevated investment in utility infrastructure, particularly driven by data centers, with more deals and announcements expected in 2025. It upgraded four names after rolling out 2024 earnings forecasts.
Nicholas Campanella
Barclays
Hold
2024-10-21
Price Target
$39 → $42
Upside
+2.94%
Julien Dumoulin-Smith
Jefferies
Strong Buy
2024-09-19
Price Target
$46
Upside
+12.99%
