How Investors Are Reacting To Public Service Enterprise Group (PEG) Topping J.D. Power Utility Rankings

Simplywall
2025.12.17 03:25
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Public Service Enterprise Group's subsidiaries, PSEG Long Island and Public Service Electric & Gas, ranked first and second in the J.D. Power 2025 Electric Utility Business Customer Satisfaction Study. This recognition supports their service quality efforts and reputation. However, it doesn't significantly alter short-term challenges or long-term risks. PSEG plans significant capital spending focused on grid modernization. Regulatory decisions will be crucial for future earnings growth. The company's narrative projects $12.4 billion revenue and $2.5 billion earnings by 2028, with a fair value estimate of $89.50 per share.