financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Keeps Buy Opinion On Shares Of Firstenergy Corp.
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Keeps Buy Opinion On Shares Of Firstenergy Corp.
Apr 30, 2026 10:29 AM

01:15 PM EDT, 04/30/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our 12-month target by $1 to $55, 20.0x our next-12-month EPS view of $2.75, a premium to its five-year average of 15.6x. We reduce our 2026 EPS view by $0.02 to $2.72 and 2027 EPS by $0.01 to $2.93. The Q1 core EPS increase (+7.5% Y/Y) breaks a three-quarter streak of declines, and we see continued momentum throughout our forecast horizon. We see positive data center demand trends, with long-term contracted demand (4.3 GW) up 4% since February 2026 (4.1 GW) and up 47% since February 2025 (2.9 GW), while pipeline demand (14.9 GW) is up 15% since February 2026 (12.9 GW) and has more than doubled since February 2025 (6.1 GW). FE has reduced base O&M by over $200M (15%) since 2022, with Q1 2026 showing an additional ~5% YoY decline, while simultaneously improving reliability metrics. We think FE's cost discipline, service quality improvement, and competitive rate positioning should translate into more favorable rate case outcomes, reduced disallowance risk, and potentially higher allowed ROEs.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Keeps Buy Opinion On Shares Of Seagate Technology Holdings Plc
Research Alert: CFRA Keeps Buy Opinion On Shares Of Seagate Technology Holdings Plc
Sep 30, 2025
01:35 PM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lift our 12-month target to $275 from $174, shifting to 22x our CY 27 EPS view of $12.50. We lift our FY 26 EPS view to $10.74 from $10.24...
Research Alert: CFRA Reiterates Buy Opinion On Shares Of Carnival Corporation & Plc
Research Alert: CFRA Reiterates Buy Opinion On Shares Of Carnival Corporation & Plc
Sep 30, 2025
01:50 PM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month target by $2 to $35 based on an unchanged FY 26 (Nov.) P/E of 14x, which is slightly below its 16x long-term average forward multiple, reflecting...
Research Alert: CFRA Keeps Buy Opinion On Shares Of Jefferies Financial Group Inc.
Research Alert: CFRA Keeps Buy Opinion On Shares Of Jefferies Financial Group Inc.
Sep 30, 2025
01:00 PM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We hold our 12-month target price at $76 on a P/E of 17.5x our FY 26 (Nov.) EPS view, in line with peers. We increase our FY 25 EPS estimate...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Cencora Inc.
Research Alert: CFRA Maintains Buy Opinion On Shares Of Cencora Inc.
Sep 29, 2025
12:30 AM EDT, 09/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month price target by $35 to $350, 20x our FY 26 (Sep.) EPS estimate (down $0.01 to $17.46; FY 25 estimate up $0.02 to $15.94), a premium...
Copyright 2023-2026 - www.financetom.com All Rights Reserved