FirstEnergy Corporation (FE · NYSE)
FE · MARKET VIEW
Market view · as of Oct 19, 2026
Price (last ~year)
FirstEnergy (FE) rose 1.4% to $46.19 on Friday, outperforming a falling broader market, though the stock remains down 5.8% over three months and 9.2% below its 52-week high. Goldman Sachs trimmed its price target to $53 from $55 while keeping an overweight rating, ahead of Q3 earnings expected October 29 with consensus at $0.94 per share. The company has beaten estimates in three of its last four quarters, most recently reporting $0.50 versus $0.49 expected, and posted Q2 revenue of $3.68B with net income of $289.0M. Leverage remains elevated at 5.3x debt/EBITDA with negative free cash flow of $353.0M in the quarter as capex of $1.34B exceeded operating cash flow of $989.0M.
Valuation
- Market cap
- $26.73B
- P/E
- 24.57
- PEG
- 1.446
- P/B
- 1.953
- P/S
- 1.709
- EV/EBITDA
- 12.24
- Beta
- 0.418
- Analyst target
- $51.08
Quality & returns
- Gross margin
- 68.6%
- Operating margin
- 19.3%
- Profit margin
- 6.9%
- ROE
- 9.5%
- ROA
- 3.7%
Price movement
- Last
- $46.19
- 1-month
- +2.1%
- 3-month
- -5.8%
- RSI (14)
- 88
- vs SMA200
- -1.4%
- 52-wk position
- 42.3% -9.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $3.68B | $677.0M | $289.0M | $1.15B |
| 2026-03-31 | $4.20B | $828.0M | $405.0M | $993.0M |
| 2025-12-31 | $3.80B | $603.0M | $-49.0M | $795.0M |
| 2025-09-30 | $4.15B | $830.0M | $441.0M | $1.42B |
Recent news
- Neutral Goldman Sachs cuts FirstEnergy target to USD 53.00 for FirstEnergy stock · 2026-10-17
- Bullish FirstEnergy Corp. stock outperforms competitors on strong trading day · 2026-10-16
- Neutral Evergy Inc (3E7.DU) stock price, news, quote and history · 2026-10-16
- Neutral Bank of America sets USD 48.00 target for Fiserv stock · 2026-10-15
- Neutral Lobbying Update: $220,000 of FIRSTENERGY CORP lobbying was just disclosed · 2026-10-15
- Neutral FirstEnergy Corp. (FE) Options Chain · 2026-10-15
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)