- Portland General Electric reports a slight revenue decline and an earnings miss in Q1.
- Analysts' price targets indicate potential upside for POR stock.
- GuruFocus estimates a notable upside based on GF Value calculations.
Portland General Electric (NYSE: POR) has released its first-quarter earnings results, revealing a GAAP EPS of $0.91, which fell short of expectations by $0.03. The company also announced revenues of $928 million, marking a marginal decline of 0.1% year-over-year and missing revenue expectations by $42.49 million.
Analysts' Price Targets and Recommendations
According to 12 Wall Street analysts, the average price target for Portland General Electric Co (POR, Financial) stands at $49.18. The estimates range from a high of $60.00 to a low of $42.00. This average target price suggests a potential upside of 14.42% from the current stock price of $42.98. For more detailed target estimates, you can visit the Portland General Electric Co (POR) Forecast page.
The consensus from 14 brokerage firms rates Portland General Electric Co's (POR, Financial) stock with an average recommendation of 2.4, categorizing it as "Outperform." This rating is derived from a scale of 1 to 5, where 1 represents a Strong Buy and 5 signals a Sell.
Understanding the GF Value Estimate
GuruFocus provides an estimated GF Value for Portland General Electric Co (POR, Financial) at $51.48 for the upcoming year. This estimation indicates a potential increase of 19.78% from the current price of $42.98. The GF Value is calculated considering historical trading multiples, past business growth, and projections of future business performance. More comprehensive data is available on the Portland General Electric Co (POR) Summary page.
