PGE stock: Analysts cut 2026 revenue forecast for PGE stock to PLN 70.00 billion

Published on 10/22/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGE reported PLN 15.26 billion in second-quarter 2026 revenue. PGE stock costs EUR 3.83 on October 22, 2026. Warsaw closed at PLN 16.70.

Analyst forecasts revised

Analysts cut PGE's 2026 revenue forecast from PLN 101.00 billion to PLN 70.00 billion on October 22, 2026.
PGE reported PLN 15.26 billion in second-quarter 2026 revenue and PLN 2.015 billion in net income.
PGE stock costs EUR 3.83 at Lang & Schwarz on October 22, 2026 at 5:29 p.m. CEST.
PGE's next earnings release is scheduled for November 23, 2026.

PGE, PLPGER000010, Illustration mit AI erstellt.

PGE Polska Grupa Energetyczna analysts cut their 2026 revenue forecast from PLN 101.00 billion to PLN 70.00 billion on October 22, 2026, while the average target rose 7.70 percent to PLN 13.11. Simply Wall St reported the revision on October 22, 2026. The same update lowered statutory earnings per share expectations from PLN 3.34 to PLN 2.84. PGE stock was trading at EUR 3.83 at Lang & Schwarz on October 22, 2026 at 5:29 p.m. CEST.

Quarterly earnings provide support

PGE reported PLN 15.26 billion in revenue and PLN 2.015 billion in net income for the second quarter of 2026. Operating profit was PLN 2.912 billion, while operating cash flow reached PLN 7.596 billion in the same period. The figures give the revised annual forecasts a concrete operating backdrop. MarketScreener lists the second-quarter and first-half results dated September 15, 2026.

Stock remains below its yearly high

The Warsaw-listed shares last stood at PLN 16.70 on October 22, 2026 at 5:02 p.m. CEST. The 52-week range was PLN 8.21 to PLN 17.55, placing the latest Warsaw quote PLN 0.85 below the high. PGE's market capitalization was PLN 37.5 billion on October 22, 2026, and trading volume reached 1,799,628 shares.

Results date and valuation

PGE's next earnings release is scheduled for November 23, 2026. The published analyst average target of PLN 13.11 is below the latest Warsaw quote of PLN 16.70, a gap of 21.50 percent based on those two PLN prices. The target is an analyst estimate, not a company dividend or earnings commitment.

Comparison with peers

PGE: PLN 16.70, P/E not stated, market capitalization PLN 37.5 billion.

Tauron Polska Energia: down 0.86 percent, P/E 6.00, market capitalization PLN 16.9 billion.

Enea: down 3.37 percent, P/E 8.35, market capitalization PLN 11.5 billion.

Investment scale shapes the picture

PGE's updated strategy adopted on October 19, 2026 plans PLN 210.00 billion of investment spending between 2025 and 2035 and cumulative EBITDA of PLN 209.00 billion. Bankier reported that the plan also provides for a return to dividends from 2026 profit, with a yield capped at 5.00 percent. The figures show why forecast revisions and capital allocation are central to the stock's valuation.

Current trading picture

PGE was trading at EUR 3.83 at Lang & Schwarz on October 22, 2026 at 5:29 p.m. CEST. The Warsaw quote was PLN 16.70 at 5:02 p.m. CEST on the same date.

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