PSEG stock holds near $70 after August earnings

Published on 09/18/2026 at 18:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PSEG stock traded at USD 70.39 on September 17, 2026, with volume near 2.93 million shares. August 4, 2026 EPS came in at USD 0.86, above the USD 0.80 estimate.

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PSEG stock (ISIN US7445731067) traded at USD 70.39 on the NYSE on September 17, 2026, after a session volume of 2.93 million shares and a market value of USD 35.08 billion. The latest catalyst came from August 4, 2026 earnings, when Public Service Enterprise Group Incorporated reported EPS of USD 0.86 and revenue of USD 2.55 billion.

August results set the tone

According to MarketBeat, the August 4, 2026 quarter delivered EPS of USD 0.86, beating the USD 0.80 consensus by USD 0.06. The same report said revenue reached USD 2.55 billion, down 8.9 percent from a year earlier, and net margin was 16.04 percent.

MarketBeat also said Public Service Enterprise Group has set FY 2026 guidance at EPS of USD 4.280 to USD 4.400, while analysts expect USD 4.36 for the current year. That puts the midpoint of guidance at USD 4.34, close to the consensus view.

Analysts stay split

According to MarketBeat, 17 covering firms now assign PSEG a consensus rating of Hold, with 10 Hold ratings, 6 Buy ratings and 1 Strong Buy rating. The same overview shows an average 12-month target price of USD 89.43, which stands well above the recent NYSE quote near USD 70.

That gap leaves the shares roughly USD 19 above the average target. For investors, the debate is less about the August beat and more about whether the 2026 guidance range can hold after revenue fell 8.9 percent year on year.

Price below target

PSEG stock closed near USD 70.39 on September 17, 2026, versus a 52-week range of about USD 70.05 to USD 87.63. The quote leaves the shares only a few cents above the 12-month low and far below the average analyst target of USD 89.43.