Truist cuts target for PSEG stock to USD 78.00

Published on 10/15/2026 at 19:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PSEG reports third-quarter results on November 2, 2026. PSEG stock costs EUR 62.57 on October 15, 2026 at 7:33 p.m. CEST at Lang & Schwarz.

Analyst target and reporting date

Truist Financial lowered its target from USD 84.00 to USD 78.00 on October 15, 2026.
PSEG will discuss third-quarter 2026 results on November 2, 2026.
PSEG stock costs EUR 62.57 at Lang & Schwarz on October 15, 2026 at 7:33 p.m. CEST.
The stock had a P/E ratio of 17.46 and a market capitalization of USD 35.0 billion on October 15, 2026.

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Truist Financial lowered its price target for Public Service Enterprise Group from USD 84.00 to USD 78.00 and kept a Hold rating on October 15, 2026, according to The Stock Observer. The target is 11.19 percent above the latest USD 70.15 Nasdaq price. PSEG stock was trading at EUR 62.57 at Lang & Schwarz on October 15, 2026 at 7:33 p.m. CEST.

Target cut resets the valuation frame

The new USD 78.00 target remains above the USD 70.15 Nasdaq price, but the reduction from USD 84.00 narrows the gap used by investors to assess the regulated utility. The Hold rating stayed unchanged in the October 15, 2026 report.

Public Service Enterprise Group had a market capitalization of USD 35.0 billion, a P/E ratio of 17.46 and a 52-week range of USD 66.15 to USD 87.63 on October 15, 2026. The latest USD 70.15 price stood 19.95 percent below the 52-week high and 6.05 percent above the 52-week low.

November 2 brings the next test

PSEG will host its third-quarter 2026 earnings call on November 2, 2026, at 11:00 a.m. ET, according to ABC27. Management is scheduled to discuss results, financial guidance, capital investments and regulatory activities.

Comparison with peers

PSEG (NYSE, USD): minus 0.58 percent, P/E 17.46, market capitalization USD 35.0 billion.

NextEra Energy (NYSE, USD): plus 0.63 percent, P/E 17.69, market capitalization USD 164.5 billion.

Duke Energy (NYSE, USD): minus 0.16 percent, P/E 17.95, market capitalization USD 93.1 billion.

Stock position and next date

The latest Nasdaq quote of USD 70.15 was dated October 15, 2026 at 1:36 p.m. ET. Trading volume stood at 1,111,176 shares against an average volume of 3,364,054 shares. The euro quotation from Lang & Schwarz was EUR 62.57 on October 15, 2026 at 7:33 p.m. CEST.

The next scheduled company event is the third-quarter 2026 earnings call on November 2, 2026. For investors, the central issue is whether the results provide a new basis for the reduced USD 78.00 target.

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