PCG Price Prediction Next Week
Based on the provided data and current market conditions, here's the analysis for PCG's stock price prediction for next week:
Technical Analysis
The technical indicators show:
- RSI at 31.68 indicates oversold conditions
- MACD at -0.98 suggests bearish momentum
- Current price is trading below both SMA-20 (18.37) and SMA-200 (18.87), indicating a downward trend
Price Levels Analysis Key Fibonacci levels for next week:
- Resistance 1: $17.79
- Resistance 2: $18.32
- Resistance 3: $19.18
- Support 1: $16.08
- Support 2: $15.55
- Support 3: $14.70
- Pivot: $16.94
News Sentiment & Fundamental Factors
- Wells Fargo analyst maintains Buy rating with $26 price target
- Strong analyst consensus rating of Buy with average price target of $23.08
- PCG is benefiting from AI-driven data center growth and increasing electricity demand
- Company's expected revenue growth of 5.5% and earnings growth of 9.4% for current year
Price Prediction for Next Week Based on technical and fundamental analysis:
- Base case (60% probability): Stock likely to consolidate between $16.08-$17.79
- Bullish case (25% probability): Break above $17.79 could push price to $18.32
- Bearish case (15% probability): Break below $16.08 could see price test $15.55
Trading Recommendation BUY at current levels with:
- Entry: $16.54-$17.00
- Stop loss: $15.90
- First target: $17.79
- Second target: $18.32
Rationale:
- Oversold RSI suggests potential bounce
- Strong analyst support and fundamental growth outlook
- Growing demand from data centers provides long-term catalyst
- Current price offers favorable risk-reward ratio with defined support levels
PCG Similar Chart Price Prediction
The price of PCG is predicted to go up 12.65%, based on the high correlation periods with SNBR. The similarity of these two price pattern on the periods is 98.83%.
PCG
SNBR
Up: 12.65%Similarity: 98.83%
PCG Revenue Forecast
PCG EPS Forecast
PCG FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
PCG VS S&P500
California's utility rate regulation is highly constructive with usage-decoupled revenue, annual rate true-up adjustments, and forward-looking rate setting.
Regulators continue to support the company's investments in grid modernization, electric vehicles, and renewable energy to meet the state's progressive energy policies.
State legislation passed in August 2018 and mid-2019 should help limit shareholder losses if PG&E faces another round of wildfire liabilities.
PCG Analyst's Forecast
James Thalacker
BMO Capital
Buy
Price Target
$21
Upside
+29.47%
BMO Capital initiated coverage of PG&E with an Outperform rating and $21 price target. The firm sees the company shares as a core holding in the regulated utility sector, providing investors with exposure to a "rare deep value opportunity with premium visible growth." BMO's five-year forecast supports consolidated earnings growth of 9.2% and rate base growth of 10%, which is consistent with the company's long-term earnings guidance of at least 9%, the analyst tells investors in a research note.
Gregg Orrill
UBS
Strong Buy
Price Target
$26 → $24
Upside
+23.58%
Nicholas Campanella
Barclays
Buy
Price Target
$24 → $25
Upside
+22.94%