Barclays Boosts Portland General Electric (NYSE:POR) Price Target to $53.00

Portland General Electric (NYSE:POR) had its price objective raised by Barclays from $47.00 to $53.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the utilities provider’s stock. Barclays‘s target price would suggest a potential upside of 3.93% from the company’s current price.

Several other analysts also recently issued reports on POR. BTIG Research restated a “buy” rating and set a $58.00 price objective on shares of Portland General Electric in a report on Friday, January 30th. LADENBURG THALM/SH SH restated a “sell” rating and issued a $43.00 target price on shares of Portland General Electric in a report on Thursday, December 4th. UBS Group decreased their target price on Portland General Electric from $51.00 to $49.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Portland General Electric in a research note on Monday, December 29th. Finally, Jefferies Financial Group upped their target price on Portland General Electric from $43.00 to $46.00 and gave the company a “hold” rating in a report on Wednesday, October 22nd. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $48.92.

Portland General Electric Price Performance

NYSE:POR opened at $51.00 on Tuesday. The business’s 50-day moving average price is $49.55 and its 200 day moving average price is $46.62. The firm has a market cap of $5.74 billion, a P/E ratio of 18.41, a PEG ratio of 4.55 and a beta of 0.67. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.25. Portland General Electric has a 52-week low of $39.54 and a 52-week high of $54.39.

Portland General Electric (NYSE:POR) last issued its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.12). Portland General Electric had a return on equity of 8.66% and a net margin of 8.56%.The business had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. During the same quarter in the previous year, the business posted $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, sell-side analysts predict that Portland General Electric will post 3.21 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Clearbridge Investments LLC grew its stake in shares of Portland General Electric by 1,342.7% in the 4th quarter. Clearbridge Investments LLC now owns 4,643,134 shares of the utilities provider’s stock valued at $222,824,000 after purchasing an additional 4,321,305 shares during the period. Norges Bank acquired a new stake in Portland General Electric in the 4th quarter valued at $56,497,000. ATLAS Infrastructure Partners UK Ltd. grew its position in Portland General Electric by 24.1% in the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after acquiring an additional 1,058,623 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Portland General Electric by 42.2% during the fourth quarter. AQR Capital Management LLC now owns 3,551,731 shares of the utilities provider’s stock valued at $170,448,000 after acquiring an additional 1,054,450 shares during the period. Finally, UBS Group AG boosted its stake in shares of Portland General Electric by 514.3% in the 4th quarter. UBS Group AG now owns 883,162 shares of the utilities provider’s stock valued at $42,383,000 after purchasing an additional 739,404 shares in the last quarter.

Key Headlines Impacting Portland General Electric

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Acquisition expands footprint — PGE agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion, adding ~140k customers and generation assets that accelerate scale and rate-base growth. Portland General Electric announces acquisition of Washington state utility operations and select assets from PacifiCorp
• Positive Sentiment: Company reiterates multi-year growth and project pipeline — PGE initiated FY2026 EPS guidance of $3.33–$3.53, reaffirmed long-term 5–7% EPS growth, and disclosed agreements to build ~615 MW of solar + battery capacity (425 MW company-owned). Portland General Electric announces acquisition … and initiates 2026 earnings guidance
• Positive Sentiment: Analyst support and coverage notes — Some analysts increased targets/coverage and upbeat write-ups highlighted POR’s growth profile and renewable exposure, which can support upside as integration executes. Here is Why Growth Investors Should Buy Portland General Electric (POR) Now
• Neutral Sentiment: Sector tailwinds for wind/renewables — Coverage noted broader wind/renewable capacity growth and PGE’s projects could capture demand, but this is a longer-term tailwind rather than an immediate catalyst. Top Wind Energy Stocks Worth Investing Now For Solid Returns
• Negative Sentiment: Share offering/pricing — PGE launched an underwritten public offering (announced $480M) and later priced 9,467,455 shares at $50.70 in connection with forward-sale agreements; the size and pricing introduce near-term dilution that likely pressured the stock. Portland General Electric Company Announces Public Offering of $480,000,000 of Shares of Common Stock
• Negative Sentiment: Q4 earnings missed estimates — Q4 EPS was $0.47, below consensus, and revenue was slightly under expectations; the miss and weather-related headwinds were flagged on the call and weigh on near-term sentiment. Portland General Electric (POR) Q4 Earnings Lag Estimates

Portland General Electric Company Profile

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.