PPL Corporation — Wall Street Analyst Estimates & Price Targets

PPL

NYSEUtilitiesRegulated ElectricCIK 0000922224pplweb.comAbout PPL

Last close · Oct 16, 202635.17+0.69 (+2.00%)

Market cap$26.5B

9 firms' latest targets, last 90 days: median $39.00 ($35.00–$44.00), 11% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 9 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-12	Barclays	$38.00	$41.00	▼ 7%	+11%	+8%
2026-09-29	Scotiabank	$36.00	—	—	+12%	+2%
2026-09-28	Wells Fargo	$44.00	$41.00	▲ 7%	+37%	+25%
2026-09-18	Morgan Stanley	$39.00	$43.00	▼ 9%	+17%	+11%
2026-09-15	RBC Capital	$35.00	—	—	+4%	+0%
2026-08-25	Jefferies	$44.00	$48.00	▼ 8%	+26%	+25%
2026-08-17	Evercore ISI	$42.00	—	—	+17%	+19%
2026-08-10	BMO Capital	$38.00	$39.00	▼ 3%	+8%	+8%
2026-07-20	Raymond James	$39.00	—	—	+9%	+11%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$8.3B	+6%	$1.00	-2%	est. $8.2B+1%	est. $1.58	4
2024reported	$8.4B	+2%	$1.20	+20%	est. $8.3B+2%	est. $1.71	8
2025reported	$9.2B	+9%	$1.59	+33%	est. $8.8B+4%	est. $1.81	7
2026	$9.7B	+6%	$1.95	+8%	$9.5B–$9.8B	$1.93–$1.97	9
2027	$10.3B	+6%	$2.12	+9%	$10.1B–$10.5B	$2.10–$2.16	9
2028	$10.9B	+6%	$2.30	+8%	$10.4B–$11.5B	$2.28–$2.32	10
2029	$11.6B	+7%	$2.48	+8%	$11.2B–$12.0B	$2.37–$2.60	5
2030	$12.2B	+6%	$2.67	+8%	$11.8B–$12.7B	$2.55–$2.80	5

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$39.00median target, 11% above the last close

Firms with a target · last 90 days: 9
Lowest – highest target: $35.00 – $44.00
Current grades of 11 firms: positive / neutral / negative: 8 / 3 / 0
Upgrades / downgrades · 12 months: 1 / 0
Consensus revenue growth · next 3 FY: +6% a year

Current grades

each firm's latest · 11 firms

As of	Firm	Grade
2026-10-12	Barclays	“Overweight”
2026-09-28	Wells Fargo	“Overweight”
2026-09-18	Morgan Stanley	“Overweight”
2026-08-25	Jefferies	“Buy”
2026-08-17	Evercore ISI	“Outperform”
2026-08-10	BMO Capital	“Outperform”
2026-07-20	Bank of America	“Buy”
2026-07-16	J.P. Morgan	“Overweight”
2026-06-05	Mizuho	“Neutral”
2026-02-23	UBS	“Neutral”
2026-02-23	Citigroup	“Neutral”

Grade changes

last 24 months · 1

Date	Firm	Grade
2026-02-24	Barclays	“Equal Weight” → “Overweight” upgrade

57 older than 24 months

2024-03-08	Argus Research	“Hold” → “Buy” upgrade
2023-10-04	UBS	“Buy” → “Neutral” downgrade
2022-12-15	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2022-10-06	Seaport Global	“Neutral” → “Buy” upgrade
2022-08-15	Bank of America	“Neutral” → “Buy” upgrade
2022-07-07	Evercore ISI	“In Line” → “Outperform” upgrade
2022-04-04	Argus Research	“Buy” → “Hold” downgrade
2022-03-09	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2022-02-22	RBC Capital	“Sector Perform” → “Outperform” upgrade
2021-09-01	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2021-03-09	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2020-11-30	Bank of America	“Buy” → “Neutral” downgrade
2020-08-19	Mizuho	“Buy” → “Neutral” downgrade
2020-08-11	Seaport Global	“Sell” → “Neutral” upgrade
2020-06-09	Seaport Global	“Neutral” → “Sell” downgrade
2020-05-29	Mizuho	“Neutral” → “Buy” upgrade
2020-01-08	Guggenheim	“Neutral” → “Buy” upgrade
2019-10-23	Macquarie	“Underperform” → “Neutral” upgrade
2019-08-07	Bank of America	“Underperform” → “Neutral” upgrade
2019-03-08	RBC Capital	“Outperform” → “Sector Perform” downgrade
2019-02-07	Evercore ISI	“Outperform” → “In Line” downgrade
2019-01-14	Bank of America	“Neutral” → “Underperform” downgrade
2018-11-16	Credit Suisse	“Neutral” → “Outperform” upgrade
2018-08-08	Deutsche Bank	“Buy” → “Hold” downgrade
2018-03-06	RBC Capital	“Sector Perform” → “Outperform” upgrade
2018-01-18	Deutsche Bank	“Hold” → “Buy” upgrade
2017-12-19	Macquarie	“Neutral” → “Underperform” downgrade
2017-07-19	Jefferies	“Hold” → “Buy” upgrade
2017-06-26	Goldman Sachs	“Sell” → “Neutral” upgrade
2017-01-17	Goldman Sachs	“Neutral” → “Sell” downgrade
2016-11-22	Bank of America	“Buy” → “Neutral” downgrade
2016-09-14	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2016-08-10	Guggenheim	“Buy” → “Neutral” downgrade
2016-07-14	Jefferies	“Buy” → “Hold” downgrade
2016-06-27	Barclays	“Overweight” → “Equal Weight” downgrade
2016-02-08	Evercore ISI	“Buy” → “Hold” downgrade
2016-02-05	Deutsche Bank	“Buy” → “Hold” downgrade
2015-10-30	Deutsche Bank	“Hold” → “Buy” upgrade
2015-10-19	Goldman Sachs	“Neutral” → “Sell” downgrade
2015-09-18	UBS	“Neutral” → “Buy” upgrade
2015-06-22	Jefferies	“Hold” → “Buy” upgrade
2015-06-02	Tudor Pickering	“Buy” → “Hold” downgrade
2015-01-05	Jefferies	“Buy” → “Hold” downgrade
2014-06-12	Ladenburg Thalmann	“Neutral” → “Buy” upgrade
2014-04-04	Macquarie	“Outperform” → “Neutral” downgrade
2014-02-03	Jefferies	“Hold” → “Buy” upgrade
2014-01-06	Barclays	“Equal Weight” → “Overweight” upgrade
2014-01-03	Citigroup	“Neutral” → “Buy” upgrade
2013-11-01	Wolfe Research	“Underperform” → “Hold” upgrade
2013-04-17	Tudor Pickering	“Accumulate” → “Buy” revised
2013-03-11	UBS	“Buy” → “Neutral” downgrade
2013-02-19	RBC Capital	“Outperform” → “Sector Perform” downgrade
2013-01-09	Tudor Pickering	“Hold” → “Accumulate” upgrade
2013-01-07	Evercore ISI	“Neutral” → “Buy” upgrade
2012-11-27	Macquarie	“Neutral” → “Outperform” upgrade
2012-08-09	UBS	“Neutral” → “Buy” upgrade
2012-04-30	Jefferies	“Buy” → “Hold” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.