PSEG stock trades at EUR 59.89, plus 0.72 percent versus EUR 59.46

Published on 09/30/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PSEG stock was EUR 59.89 at Lang & Schwarz on September 30, 2026, plus 0.72 percent versus EUR 59.46. Q2 non-GAAP earnings rose to USD 0.86 per share.

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Public Service Enterprise Group (ISIN US7445731067) was trading at EUR 59.89 at Lang & Schwarz on September 30, 2026 at 1:02 p.m. CEST, plus 0.72 percent versus the prior close of EUR 59.46 on September 29, 2026. The utility's latest reported quarter combined higher operating earnings with a weaker revenue figure, while management kept its full-year outlook intact.

Operating earnings move higher

According to Fortune, PSEG reported Q2 2026 non-GAAP operating earnings of USD 0.86 per share on August 4, 2026, up from USD 0.77 in Q2 2025. That USD 0.09 increase equals 11.69 percent and contrasts with GAAP net income of USD 0.67 per share, down from USD 1.17 in the year-ago quarter.

The same Q2 report brought first-half 2026 non-GAAP operating earnings to USD 2.41 per share and net income to USD 2.15 per share. The regulated PSE&G unit posted second-quarter net income and non-GAAP operating earnings of USD 342 million, up from USD 332 million in Q2 2025, according to the earnings-call record.

Guidance stays at USD 4.28

Management reaffirmed full-year 2026 non-GAAP operating earnings guidance of USD 4.28-4.40 per share on August 4, 2026. PSEG also retained its five-year non-GAAP operating earnings growth outlook of 6-8 percent through 2030 and its regulated capital investment plan of USD 22.5 billion-25.5 billion through 2030.

Revenue was the counterweight in the quarter. MarketBeat reported Q2 revenue of USD 2.55 billion, down 8.9 percent year over year, while adjusted earnings of USD 0.86 per share exceeded the USD 0.80 consensus by USD 0.06. For investors, the split points to regulated utility execution supporting earnings even as the power business weighs on quarterly revenue.

Analysts keep a Hold view

MarketBeat reported on September 26, 2026 that Wall Street Zen upgraded PSEG from Sell to Hold. The broader consensus was also Hold, with an average 12-month price target of USD 89.23, while Morgan Stanley lowered its target from USD 91.00 to USD 88.00 on September 18, 2026 and kept an Overweight rating.

The target spread shows why the earnings profile matters for the valuation debate. The USD 89.23 consensus target is 31.82 percent above the USD 67.68 last primary-exchange quote, but the reference price for this article remains the euro quotation from Lang & Schwarz.

Stock price and market value

PSEG was last at USD 67.68 on the NYSE on September 29, 2026 at 4:00 p.m. ET. Its market capitalization was USD 33.7 billion on that date, and the 52-week range was USD 66.15 to USD 87.63.