PPL Corporation stock weighs Q2 miss against analyst upgrades
Published on 10/03/2026 at 23:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
PPL Corporation (ISIN US69351T1060) stock closed at USD 32.81 on the NYSE on October 2, 2026, up 0.14 percent on the session. The latest earnings picture combines a quarterly revenue miss with renewed analyst support, leaving the regulated utility between near-term execution pressure and longer-term growth expectations.
Q2 revenue reached USD 2.11 billion
According to MarketBeat on September 30, 2026, PPL reported adjusted EPS of USD 0.33 for Q2 2026, below the USD 0.34 consensus. Revenue reached USD 2.11 billion, 4.2 percent above the prior-year quarter but below the USD 2.19 billion estimate.
PPL's own website identifies Q2 2026 GAAP earnings of USD 230 million, or USD 0.30 per share, compared with USD 183 million, or USD 0.25 per share, in Q2 2025. The company also highlights annual EPS growth of 6 percent to 8 percent and a USD 23 billion infrastructure investment plan through 2029 on its corporate site.
Analyst targets remain above USD 39
Scotiabank upgraded PPL to strong buy in a report issued September 29, 2026, according to MarketBeat. The same report places the consensus target at USD 40.21, while the stock's one-year range runs from USD 31.56 to USD 40.10.
Yahoo Finance reported on September 18, 2026, that Morgan Stanley reduced its PPL price target from USD 42 to USD 39 while maintaining an Overweight rating. The target remains USD 6.19 above the October 2 closing price, a 18.9 percent premium.
Dividend supports the utility profile
MarketBeat reported that PPL maintained fiscal 2026 adjusted EPS guidance of USD 1.90 to USD 1.98 and declared a quarterly dividend of USD 0.285. That dividend equals USD 1.14 annually, while the October 2 market capitalization was USD 24.7 billion.
Stock stays above its yearly low
PPL stock closed at USD 32.81 on the NYSE on October 2, 2026, with a session volume of 6,051,127 shares. The closing level was USD 8.29 below the 52-week high of USD 40.10 and USD 1.25 above the 52-week low of USD 31.56, keeping earnings delivery and regulated investment execution central to the valuation debate.
PPL Corporation stock data
- Company: PPL Corporation
- ISIN: US69351T1060
- WKN: 895250
- Ticker: PPL
- Trading venue: NYSE
- Closing price (October 2, 2026): USD 32.81
- Market capitalization: USD 24.7 billion (as of October 2, 2026)
- 52-week range: USD 31.56-40.10 (as of October 2, 2026)
- Sector / Industry: Utilities / Electric Utilities
