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NYSE: WEC
Wec Energy Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for WEC

Based on 11 analysts offering 12 month price targets for Wec Energy Group Inc.
Min Forecast
$75.00-12.28%
Avg Forecast
$87.36+2.18%
Max Forecast
$96.00+12.28%

Should I buy or sell WEC stock?

Based on 11 analysts offering ratings for Wec Energy Group Inc.
Hold
Strong Buy
3 analysts 27.27%
Buy
1 analysts 9.09%
Hold
4 analysts 36.36%
Sell
1 analysts 9.09%
Strong Sell
2 analysts 18.18%

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WEC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-02
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-02-08
RBC Capital
Top 14%
87
HoldMaintains$90.00+5.26%2024-02-08
Wells Fargo
Top 14%
87
Strong BuyMaintains$91.00+6.43%2024-02-02
JP Morgan
Top 18%
83
Strong SellDowngrades$84.00-1.75%2024-02-02
Bank of America
Top 5%
96
SellDowngrades$78.00-8.77%2024-01-04
Mizuho
Top 13%
88
Strong BuyMaintains$86.00+0.58%2023-12-18

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Forecast return on equity

Is WEC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.27%

Forecast return on assets

Is WEC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

WEC revenue forecast

What is WEC's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$9.5B+9.78%
Avg 2 year Forecast
$9.9B+14.01%
Avg 3 year Forecast
$10.3B+18.47%
WEC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WEC earnings growth forecast

How is WEC forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
5.64%
Industry
9.06%
Market
18.21%
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WEC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WEC revenue growth forecast

How is WEC forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
5.8%
Industry
3.94%
Market
9.95%
WEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WEC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WEC vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
WEC$85.50$87.36+2.18%Hold
EIX$76.30$76.25-0.07%Buy
ETR$113.03$109.75-2.90%Buy
DTE$116.60$115.56-0.90%Buy
XEL$55.52$62.17+11.97%Buy

Wec Energy Group Stock Forecast FAQ

Is Wec Energy Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: WEC) stock is to Hold WEC stock.

Out of 11 analysts, 3 (27.27%) are recommending WEC as a Strong Buy, 1 (9.09%) are recommending WEC as a Buy, 4 (36.36%) are recommending WEC as a Hold, 1 (9.09%) are recommending WEC as a Sell, and 2 (18.18%) are recommending WEC as a Strong Sell.

If you're new to stock investing, here's how to buy Wec Energy Group stock.

What is WEC's revenue growth forecast for 2024-2026?

(NYSE: WEC) Wec Energy Group's forecast annual revenue growth rate of 5.8% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.94%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Wec Energy Group's revenue in 2024 is $8,685,100,000.On average, 3 Wall Street analysts forecast WEC's revenue for 2024 to be $3,011,171,293,751, with the lowest WEC revenue forecast at $3,006,176,243,715, and the highest WEC revenue forecast at $3,014,652,921,950. On average, 3 Wall Street analysts forecast WEC's revenue for 2025 to be $3,127,106,607,213, with the lowest WEC revenue forecast at $3,107,267,895,588, and the highest WEC revenue forecast at $3,142,166,291,451.

In 2026, WEC is forecast to generate $3,249,546,918,499 in revenue, with the lowest revenue forecast at $3,215,686,631,479 and the highest revenue forecast at $3,266,995,168,963.

What is WEC's forecast return on assets (ROA) for 2024-2027?

(NYSE: WEC) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of N/A.

What is WEC's Price Target?

According to 11 Wall Street analysts that have issued a 1 year WEC price target, the average WEC price target is $87.36, with the highest WEC stock price forecast at $96.00 and the lowest WEC stock price forecast at $75.00.

On average, Wall Street analysts predict that Wec Energy Group's share price could reach $87.36 by May 2, 2025. The average Wec Energy Group stock price prediction forecasts a potential upside of 2.18% from the current WEC share price of $85.50.

What is WEC's forecast return on equity (ROE) for 2024-2027?

(NYSE: WEC) forecast ROE is N/A, which is considered weak.
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