JPMorgan cuts target for FirstEnergy stock to USD 50.00 on October 19, 2026
Published on 10/20/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- JPMorgan lowered its FirstEnergy target from USD 52.00 to USD 50.00 on October 19, 2026.
- FirstEnergy is scheduled to report third-quarter results on October 27, 2026.
- FirstEnergy stock costs EUR 40.74 at Lang & Schwarz on October 20, 2026, 0.29 percent below the Frankfurt close of October 19, 2026.
- Second-quarter revenue reached USD 3.68 billion, above the USD 3.51 billion consensus.
JPMorgan lowered its FirstEnergy price target from USD 52.00 to USD 50.00 on October 19, 2026, while keeping a neutral rating, according to MarketBeat. The target stands 10.50 percent above the USD 45.25 US closing price cited in the report. FirstEnergy stock was priced at EUR 40.74 at Lang & Schwarz on October 20, 2026 at 8:35 p.m. CEST, 0.29 percent below the Frankfurt close of October 19, 2026 at EUR 40.86.
Target cut meets an earnings date
The analyst action arrives before FirstEnergy's scheduled third-quarter report. MarketBeat lists October 27, 2026 as the expected release date after the market close and October 28, 2026 at 9:00 a.m. ET for the earnings call. The same report cites a consensus of USD 0.904 earnings per share and USD 4.29 billion in revenue for the third quarter.
What does the latest quarter show?
FirstEnergy's second-quarter revenue was USD 3.68 billion, compared with a USD 3.51 billion consensus, while earnings per share came in at USD 0.50 against a USD 0.50 estimate, according to MarketBeat. Revenue therefore exceeded expectations by USD 0.17 billion, while earnings per share matched the consensus. The figures relate to the quarter ended June 30, 2026.
Price position before results
FirstEnergy serves as an electric utility focused on regulated transmission and distribution. The company's investor-relations page says its distribution businesses serve more than 6 million customers, while its transmission subsidiaries operate approximately 24,000 miles of lines. Its market value was USD 26.18 billion, and its 52-week range was USD 42.67 to USD 52.34 on October 19, 2026, according to MarketBeat. The euro quotation was 22.21 percent below the upper end of that range when measured against the EUR 40.74 Lang & Schwarz price, but the currencies are different and the comparison is directional only.
Dividend date adds another marker
FirstEnergy declared a quarterly dividend of USD 0.465 per share, with an ex-dividend date of November 6, 2026 and payment scheduled for December 1, 2026, MarketBeat reported. The annualized dividend is USD 1.86 per share, giving the stock a stated yield of 4.10 percent. For investors, the upcoming report now offers the next test of the earnings assumptions behind the revised target.
FirstEnergy stock and the next session
At Lang & Schwarz, FirstEnergy stock stood at EUR 40.74 on October 20, 2026 at 8:35 p.m. CEST, 0.29 percent below the Frankfurt close of October 19, 2026 at EUR 40.86. The stock's primary listing is on the NYSE, where the October 19 close was USD 45.25.
The further course of trading is shown by the continuously updated real-time quote of FirstEnergy stock.
FirstEnergy stock at a glance
- Company: FirstEnergy Corp.
- ISIN: US3379321074
- Ticker: FE
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 20, 2026, 8:35 p.m. CEST: EUR 40.74
- Change versus Frankfurt close: minus 0.29 percent
- Frankfurt close October 19, 2026: EUR 40.86
- Market capitalization: USD 26.2 billion (as of October 19, 2026)
- 52-week range: USD 42.67-52.34 (as of October 19, 2026)
- Sector / Industry: Utilities / Electric Utilities
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
