POR Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Portland General Electric (POR) is currently trading at $43.56, with key technical indicators suggesting a potential bullish reversal. The RSI_6 at 36.68 indicates oversold conditions, while the MACD is showing early signs of a bullish crossover. Recent price action shows support around the $43.30 level, with resistance at $45.32.
News and Fundamental Analysis:
Portland General Electric has recently announced a dividend increase, demonstrating strong financial health and commitment to shareholder returns. The company reported revenues of $837 million in Q4 2024, exceeding estimates, and maintains a solid dividend yield of 4.49%. However, the stock is set to trade ex-dividend on 3/24/25, which may cause a short-term price adjustment.
Price Prediction and Recommendation:
Based on the oversold RSI and bullish MACD signals, POR is likely to see a price bounce towards the $45.32 level next week. The stock is a BUY at current levels, with a target price of $45.32.
POR Similar Chart Price Prediction
The price of POR is predicted to go up 0.02%, based on the high correlation periods with LNG. The similarity of these two price pattern on the periods is 90.9%.
POR
LNG
Up: 0.02%Similarity: 90.9%
POR Revenue Forecast
POR EPS Forecast
POR FAQs
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POR VS S&P500
Management continues to find areas to invest in system upgrades, renewable energy, and energy storage with strong political and regulatory support.
PGE's capital investment budget includes many small projects that can be shifted around to maintain strong credit metrics.
PGE has reached settlements in its last four general rate cases, a sign of a mostly constructive regulatory environment that will support growth investment.
POR Analyst's Forecast
Nicholas Campanella
Barclays
Hold
2025-03-04
Price Target
$42 → $47
Upside
+5.86%
Barclays raised the firm's price target on Portland General Electric to $47 from $42 and keeps an Equal Weight rating on the shares. The analyst updated power and utility models post the Q4 reports.
Gregg Orrill
UBS
Strong Buy → Hold
2025-01-03
Price Target
$52 → $47
Upside
+8.92%
Ross Fowler
B of A Securities
Sell
2024-12-24
Price Target
$46 → $43
Downside
-1.76%
