PGE stock: Analysts cut forecasts as target rises to PLN 13.11

Published on 10/23/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 22, 2026, forecasts fell to PLN 70.00 billion and target rose to PLN 13.11. PGE stock costs EUR 3.75 on October 23, 2026.

Analyst revisions and dates

Analysts lowered PGE's 2026 revenue forecast to PLN 70.00 billion on October 22, 2026.
The average target rose 7.70 percent to PLN 13.11 on October 22, 2026.
PGE stock costs EUR 3.75 at Lang & Schwarz on October 23, 2026 at 3:29 p.m. CEST.
PGE's next earnings release is scheduled for November 23, 2026.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE (ISIN PLPGER000010) faced a sharp change in analyst expectations on October 22, 2026, as Simply Wall St reported that five analysts cut their 2026 revenue forecast to PLN 70.00 billion from PLN 101.00 billion. PGE also traded at EUR 3.75 at Lang & Schwarz on October 23, 2026 at 3:29 p.m. CEST.

Forecasts fall while target rises

The revision leaves projected 2026 revenue 30.69 percent below the earlier estimate. At the same time, the average price target rose 7.70 percent to PLN 13.11, while statutory earnings per share were projected to fall 17.00 percent to PLN 2.84 from PLN 3.34, according to Simply Wall St. The combination gives investors two different signals: a higher valuation target and weaker earnings assumptions.

Stock stays below its yearly high

The Warsaw-listed share stood at PLN 16.45 in the October 23, 2026 session, down 1.50 percent from PLN 16.70. Its 52-week range was PLN 8.21 to PLN 17.55, leaving the price 6.27 percent below the high. The stock therefore remains nearer its yearly peak than its low, despite the latest forecast reduction.

Valuation and next reporting date

PGE had a market capitalization of PLN 36.9 billion and a price-to-earnings ratio of 4.84 as of October 23, 2026. The next earnings release is listed for November 23, 2026, on the MarketScreener company calendar.

Comparison with peers

PGE: down 1.50 percent, price-to-earnings ratio 4.84, market capitalization PLN 36.9 billion. Enea (Warsaw Stock Exchange, PLN): down 0.64 percent, price-to-earnings ratio 8.30, market capitalization PLN 11.5 billion. Tauron Polska Energia (Warsaw Stock Exchange, PLN): down 2.75 percent, price-to-earnings ratio 5.84, market capitalization PLN 16.5 billion.

What the revisions mean

The forecast gap is the central issue for PGE stock. Revenue expectations of PLN 70.00 billion still imply growth of 10.00 percent from the last 12 months, but the projected earnings-per-share decline points to pressure on profitability. The higher PLN 13.11 target contrasts with the lower earnings outlook and gives the next results release a clear test.

Price and investor perspective

PGE's euro quotation was EUR 3.75 at Lang & Schwarz on October 23, 2026 at 3:29 p.m. CEST. The company remains a Polish electric utility listed on the Warsaw Stock Exchange, where its share price and analyst estimates are stated in PLN. The further course of trading is shown by the continuously updated real-time quote of PGE stock.