Analysts cut PGE forecasts. PGE stock stands above PLN 13.11 target

Published on 10/26/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PGE carries a PLN 37.2 billion market value on October 26, 2026. PGE stock costs EUR 3.77 on October 26, 2026 at 4:11 p.m. CET.

Forecasts and valuation

Analysts cut PGE's 2026 revenue forecast from PLN 101 billion to PLN 70 billion on October 22, 2026.
PGE carried a PLN 37.2 billion market value on October 26, 2026.
PGE stock traded at EUR 3.77 at Lang & Schwarz on October 26, 2026 at 4:11 p.m. CET.
PGE's price-to-earnings ratio was 4.87 on October 26, 2026.

PGE, PLPGER000010, Illustration mit AI erstellt.

Analysts cut their 2026 forecasts for PGE Polska Grupa Energetyczna (ISIN PLPGER000010), while the average target remained PLN 13.11. On October 22, 2026, Simply Wall St reported that analysts reduced the 2026 revenue forecast from PLN 101 billion to PLN 70 billion and the earnings-per-share forecast from PLN 3.34 to PLN 2.84. PGE stock was trading at EUR 3.77 at Lang & Schwarz on October 26, 2026 at 4:11 p.m. CET.

Forecast cuts reset expectations

The revision changes the earnings picture more than the target price. The average target rose 7.70 percent to PLN 13.11, even as the revenue forecast fell by PLN 31 billion and the earnings-per-share forecast declined by PLN 0.50. That combination leaves the target as a valuation reference rather than a simple verdict on near-term operations.

PGE trades in a wide market frame

On the Warsaw Stock Exchange, PGE last traded at PLN 16.60 on October 26, 2026 at 5:06 p.m. CET. The quoted 52-week range was PLN 8.21 to PLN 17.55, placing the stock PLN 0.95 below its high and PLN 8.39 above its low. PGE's PLN 37.2 billion market value gives the company a large footprint among Poland's listed utilities.

Valuation stays below five times earnings

PGE's price-to-earnings ratio stood at 4.87 on October 26, 2026. The figure places the forecast debate against a low headline valuation multiple, while the revised earnings estimate points to a more cautious profitability profile for 2026. The business remains centered on electricity generation, transmission and distribution across Poland.

What the target says about valuation

The PLN 13.11 average target sits below the PLN 16.60 Warsaw quotation, while the two values belong to different venues and currencies from the euro quote used for the German market perspective. For investors comparing the figures, the key distinction is between the Polish share price, the analyst target and the EUR 3.77 Lang & Schwarz indication.

Stock perspective

The forecast revision and the valuation multiple point to a market weighing earnings expectations against PGE's scale. The next useful comparison is whether later company figures support the lower 2026 revenue and earnings assumptions.

The further course of trading is shown by the continuously updated real-time quote of PGE stock.