PSEG stock carries a fresh sustainability report into October

Published on 10/04/2026 at 18:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PSEG stock closed at USD 68.04 on October 2, 2026, as its sustainability report cited a 95 percent emissions reduction from 2005. Second quarter adjusted earnings rose year over year.

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PSEG (ISIN US7445731067) closed at USD 68.04 on the NYSE on October 2, 2026, while the company highlighted a 95 percent reduction in Scope 1 and Scope 2 emissions from its 2005 baseline. The report gives investors a fresh operational marker, but the stock remains 22.3 percent below its 52-week high of USD 87.63.

Sustainability report sets the latest marker

Yahoo Finance reported on October 2, 2026, that PSEG released its 2026 Sustainability Report. The document said more than 91 percent of utility waste was recycled in 2025 and that PSEG Nuclear supplies approximately 40 percent of New Jersey's total energy and 80 percent of its carbon-free energy.

The report also said PSEG conducted USD 2.4 billion of business with New Jersey companies in 2025, equal to 69 percent of its total spending. Energy efficiency programs were credited with helping customers save USD 1 billion annually, connecting the sustainability update with the company's regulated infrastructure investment program.

Second quarter earnings show mixed signals

In its second quarter 2026 earnings call, Fortune reported that PSEG posted non-GAAP operating earnings of USD 0.86 per share for the quarter ended June 30, 2026, compared with USD 0.77 in the prior-year quarter. GAAP net income was USD 0.67 per share, down from USD 1.17.

Revenue stood at USD 2.554 billion in the second quarter, down 8.9 percent year over year, according to the same earnings coverage. Management reaffirmed full-year 2026 non-GAAP operating earnings guidance of USD 4.28 to USD 4.40 per share and a five-year earnings growth outlook of 6 percent to 8 percent through 2030.

Analysts keep a higher target

MarketBeat lists a Hold consensus based on 17 analysts, with an average price target of USD 89.23, a high target of USD 98.00 and a low target of USD 78.00. The average target lies 31.1 percent above the October 2 closing price of USD 68.04.

Argus lowered its PSEG price target from USD 90.00 to USD 86.00 on September 29, 2026, while keeping a Buy rating, as Markets Insider reported. The cut contrasts with the broader consensus, which still implies a higher valuation than the latest NYSE close.

PSEG stock stays above its yearly low

PSEG stock closed at USD 68.04 on October 2, 2026. The session range was USD 67.90 to USD 68.95, and the 52-week range was USD 66.15 to USD 87.63, placing the close 2.9 percent above the yearly low and 22.3 percent below the yearly high.