---
title: "Weekly Recap | PG & E -3.5%, consensus target above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298793671.md"
description: "PG & E (PCG) fell 3.5% this week to close at $13.80, underperforming the S&P 500 by about 2.7 percentage points. The stock moved in a fade pattern: Tuesday (9 Sep) opened sharply higher, touched the week’s high of $14.92 and closed at $14.82; it pulled back from Wednesday onward, slipped below the $14 mark on Thursday, and settled near the week’s low of $13.80 on Friday. The week’s amplitude was 8.27%, with volume heaviest on Tuesday and Wednesday and tapering into the back half."
datetime: "2026-09-12T06:31:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298793671.md)
  - [en](https://longbridge.com/en/news/298793671.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298793671.md)
generator: "portal-rs"
---

# Weekly Recap | PG & E -3.5%, consensus target above spot

## The Week

PG & E (PCG) fell 3.5% this week to close at $13.80, underperforming the S&P 500 by about 2.7 percentage points. The stock moved in a fade pattern: Tuesday (9 Sep) opened sharply higher, touched the week’s high of $14.92 and closed at $14.82; it pulled back from Wednesday onward, slipped below the $14 mark on Thursday, and settled near the week’s low of $13.80 on Friday. The week’s amplitude was 8.27%, with volume heaviest on Tuesday and Wednesday and tapering into the back half.

## Key Events

Attention this week centred on nuclear policy and governance. On 10 Sep, reports said California may extend the life of the Diablo Canyon nuclear plant and build new reactors as part of a broader reconsideration of nuclear power to meet clean energy goals. A consumer watchdog also raised questions about the company’s bailout arrangement and the CEO’s representations. Separately, director William Craig Fugate sold 6,500 shares worth $89,440. Options activity reflected the sharp intraweek swings: on Tuesday, some calls surged 200% as PCG rose 3%, while on Wednesday some puts jumped 150% as the stock dropped 4%.

## Analyst Ratings

Among 18 analysts covering the stock, 7 rate it buy, 2 rate it overweight, 8 rate it hold, and 1 has no opinion; there are no underweight or sell ratings. The consensus rating is buy, with a consensus target of $19.656, roughly 42.4% above the latest price of $13.80. Target prices range from $14 to $24, pointing to a wide split in views. Within the electric utilities industry of 40 companies, the stock ranks 10th by analyst rating.

## The Week Ahead

Next week brings a busy run of macro data. The New York Fed manufacturing index lands on Tuesday, 15 Sep, with a prior reading of 20.6 and a forecast of 14.75. Wednesday, 16 Sep, features retail sales ex-autos, retail sales control, the NAHB housing market index and EIA weekly crude inventories. Updates on California’s nuclear policy and any further comment from the consumer watchdog could also keep sentiment around the stock in play.

## In Short

This week’s tape carries a tension. The consensus rating is buy and the consensus target sits about 42.4% above spot, alongside a P/E of about 9.95x and a P/B of about 0.94x. At the same time, the latest session’s capital flow shows large-lot money turning net seller, and the consumer watchdog’s challenge adds a cautious undertone. What to watch next is whether California’s nuclear path firms up, and how the macro data affect risk appetite across the utility sector.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [PCG.US](https://longbridge.com/en/quote/PCG.US.md)

## Related News & Research

- [PG&E (PCG) Faces Bailout Backlash, Is The 32% Undervaluation Case Still Convincing?](https://longbridge.com/en/news/298537783.md)
- [PG&E Director William Craig Fugate sells 6,500 shares worth $89,440](https://longbridge.com/en/news/298499945.md)
- [Forget NuScale: This nuclear energy stock is the smarter bet right now](https://longbridge.com/en/news/298757644.md)
- [Why NuScale Power stock just crashed](https://longbridge.com/en/news/298763128.md)
- [Data centers light fire under uranium prices](https://longbridge.com/en/news/298537322.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**