JPMorgan cuts target for PSEG stock from USD 81.00 to USD 77.00

Published on 10/20/2026 at 21:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PSEG will report third-quarter results on November 2, 2026. PSEG stock costs EUR 63.16 at Lang & Schwarz on October 20, 2026 after hours.

Analyst target and reporting date

JPMorgan cut its PSEG target from USD 81.00 to USD 77.00 on October 19, 2026.
PSEG will report third-quarter results on November 2, 2026.
PSEG stock costs EUR 63.16 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST.

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JPMorgan cut its PSEG target from USD 81.00 to USD 77.00 on October 19, 2026, while keeping a Neutral rating, according to Markets Insider. PSEG stock was trading at EUR 63.16 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST.

November 2 is the next date

PSEG will report third-quarter 2026 financial results on November 2, 2026, according to the company announcement published through its investor news page. Management is scheduled to discuss results, financial guidance, capital investments and regulatory activities during the earnings call, as PSEG stated on October 13, 2026.

The price sits inside its yearly range

The primary-market quote was USD 71.00 on October 20, 2026 at 3:27 p.m. ET, with 1,606,955 shares traded. PSEG's 52-week range was USD 66.15 to USD 87.63, placing the quote USD 4.85 above the low and USD 16.63 below the high.

Target cut meets upcoming results

The revised USD 77.00 target stands 8.45 percent above the USD 71.00 primary-market quote. PSEG's price-to-earnings ratio was 17.65 and its market capitalization was USD 35.4 billion on October 20, 2026.

The latest reported operating picture provides a separate benchmark for the November event. In the second quarter of 2026, PSEG reported USD 0.67 in net income per share and USD 0.86 in non-GAAP operating earnings per share, while reaffirming full-year 2026 non-GAAP operating earnings guidance of USD 4.28 to USD 4.40 per share, according to Yahoo Finance.

What the next report will test

The November 2 release will put the USD 4.28 to USD 4.40 guidance range alongside the latest quarterly earnings and regulatory commentary. For investors, the key comparison is whether the third-quarter figures keep the current valuation near a 17.65 price-to-earnings ratio.

Stock price and next catalyst

PSEG stock was trading at EUR 63.16 at Lang & Schwarz on October 20, 2026 at 9:23 p.m. CEST. Its primary-market quote was USD 71.00 at 3:27 p.m. ET on the same date, while JPMorgan's revised target was USD 77.00.

The further course of trading is shown by the continuously updated real-time quote of PSEG stock.