---
title: "Research Alert: CFRA Maintains Hold Opinion On Shares Of Public Service Enterprise Group Inc."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285757881.md"
description: "CFRA maintains a Hold opinion on Public Service Enterprise Group Inc., lowering the 12-month target by $4 to $86. The valuation reflects the company's growth trajectory and nuclear positioning, with limited upside potential. EPS estimates for 2026 and 2027 are trimmed to $4.37 and $4.70, respectively. The nuclear fleet delivered 8.0 TWh in Q1 2026, with a forecast of 30-32 TWh for the year. Expected EPS and dividend growth rates are 7.5% and 5.4%, slightly below peer medians. Shares yield 3.4%, above the peer median of 3.2%."
datetime: "2026-05-08T16:55:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285757881.md)
  - [en](https://longbridge.com/en/news/285757881.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285757881.md)
---

# Research Alert: CFRA Maintains Hold Opinion On Shares Of Public Service Enterprise Group Inc.

12:55 PM EDT, 05/08/2026 (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 lower our 12-month target by $4 to $86, valuing shares at 19.6x our next-12-month EPS estimate of $4.41 - a slight premium to its three-year average of 19.4x and largely in line with peers. We trim our 2026 EPS view by $0.05 to $4.37 and 2027 by $0.03 to $4.70. Our Hold opinion reflects our view that valuation fairly reflects the company's improved growth trajectory and nuclear positioning in capacity-constrained PJM, leaving little upside potential at current levels. PSEG Nuclear's 3,758 MW fleet delivered 8.0 TWh in Q1 2026 at a 95.5% capacity factor, with management forecasting 30-32 TWh for full-year 2026. Large-load service inquiries remained at ~11 GW as of Q1 2026, leveling off after significant growth through 2025. Management expects 10-15% conversion rates based on historical precedent. We expect EPS and dividends to grow at CAGRs (2025 to 2028) of 7.5% and 5.4%, respectively, slightly below Multi-Utility peer medians of 7.6% and 6.0%, respectively. Shares yield 3.4% versus the 3.2% peer median.

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