WEC Energy Group Inc Stock Forecast for 2023 - 2025 - 2030

Updated on 02/05/2023

Stock Rating
10
Price Target
$101.00
Consensus
Outperform
Upside
7.95%
Analysts
1
Stock Rating
10
Upside
7.95%
Analysts
1
Price Target
$101.00

WEC Energy Group Inc Stock Forecast and Price Target

If the average 2023 price target of $101.00 recently set by prominent experts for WEC Energy Group Inc is met, there would be a potential upside of approximately 7.95% from the last closing price in February, 2023. The high estimate is $111.00, and the low is $93.00. If you're considering investing in WEC stock, it's essential to look at its competitors, too.

$101.00

7.95% Upside

Outperform
Outperform

WEC Energy Group Inc Fair Value Forecast for 2023 - 2025 - 2030

In the last two years, WEC Energy Group Inc's Price has grown, rising from $81.19 to $93.21 – a growth of 14.80%. In the next year, analysts believe that Fair Value will reach $103.87 – an increase of 11.44%. For the next eight years, the forecast is for Fair Value to grow by 34.11%.

2023 Fair Value Forecast
$103.87
2024 Fair Value Forecast
$110.68
2025 Fair Value Forecast
$118.39
2026 Fair Value Forecast
$126.33
2027 Fair Value Forecast
$135.40
2028 Fair Value Forecast
$126.60
2029 Fair Value Forecast
$124.06
2030 Fair Value Forecast
$125.01
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
XEL Stock Forecast Xcel Energy Outperform 17
$67.98 $72.36 9.59%
PCG Stock Forecast PG&E Outperform 12
$15.55 $18.14 22.19%
PEG Stock Forecast Public Service Enterprise Grou... Outperform 17
$60.85 $65.75 8.46%
ES Stock Forecast Eversource Energy Outperform 14
$80.35 $93.42 11.39%
DTE Stock Forecast DTE Energy Outperform 15
$112.76 $127.00 14.40%

WEC Energy Group Inc Revenue Forecast for 2023 - 2025 - 2030

In the last two years, WEC Energy Group Inc's Revenue has grown, rising from $7.52B to $8.32B – a growth of 10.54%. In the next year, analysts believe that Revenue will reach $8.99B – an increase of 8.15%. For the next eight years, the forecast is for Revenue to grow by 9.62%.

2023 Rev Forecast
$8.99B
2024 Rev Forecast
$8.87B
2025 Rev Forecast
$9.23B
2026 Rev Forecast
$9.74B
2027 Rev Forecast
$8.20B
2028 Rev Forecast
$8.47B
2029 Rev Forecast
$8.76B
2030 Rev Forecast
$9.12B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
AEE Stock Forecast Ameren Outperform 15
$85.30 $92.83 9.61%
CNP Stock Forecast CenterPoint Energy Outperform 14
$29.20 $31.56 9.59%
CMS Stock Forecast CMS Energy Outperform 14
$62.75 $67.20 9.96%

WEC Energy Group Inc Dividend per Share Forecast for 2023 - 2025 - 2030

WEC Energy Group Inc's Dividend per Share has grown In the last two years, rising from $2.36 to $2.71 – a growth of 14.83%. In the next year, analysts believe that Dividend per Share will reach $3.10 – an increase of 14.39%. For the next eight years, experts predict that WEC Energy Group Inc's Dividend per Share will grow at a rate of 39.08%.

2023 DPS Forecast
$3.10
2024 DPS Forecast
$3.30
2025 DPS Forecast
$3.53
2026 DPS Forecast
$3.75
2027 DPS Forecast
$4.18
2028 DPS Forecast
$3.86
2029 DPS Forecast
$3.76
2030 DPS Forecast
$3.77
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
EVRG Stock Forecast Evergy Hold 14
$61.64 $64.50 5.45%
LNT Stock Forecast Alliant Energy Hold 17
$53.34 $59.50 8.74%
OGE Stock Forecast OGE Energy Outperform 15
$38.80 $39.25 3.09%

WEC Energy Group Inc Free Cash Flow Forecast for 2023 - 2025 - 2030

WEC Energy Group Inc's Free Cash Flow has decreased by 359.86% In the last two years, from $84.70M to $-220.10M. In the following year, the 1 analysts surveyed believe that WEC Energy Group Inc's Free Cash Flow will decrease by 43.21%, reaching $-125.00M. According to professionals, by 2030, WEC Energy Group Inc's Free Cash Flow will have decreased by 344.08%, falling down to $537.23M.

2023 FCF Forecast
$-125000000.00
2024 FCF Forecast
$0.32B
2025 FCF Forecast
$0.38B
2026 FCF Forecast
$0.56B
2027 FCF Forecast
$0.21B
2028 FCF Forecast
$0.30B
2029 FCF Forecast
$0.39B
2030 FCF Forecast
$0.54B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
ALE Stock Forecast ALLETE Hold 16
$62.65 $66.14 3.75%
NWE Stock Forecast NorthWestern Hold 17
$57.63 $62.63 4.98%
AVA Stock Forecast Avista Hold 17
$41.44 $42.60 6.18%

WEC Energy Group Inc Net Income Forecast for 2023 - 2025 - 2030

WEC Energy Group Inc's Net Income has seen impressive growth In the last two years, rising from $1.13B to $1.30B – a growth of 14.66%. In the next year, analysts believe that Net Income will reach $1.45B – an increase of 11.40%. For the next eight years, the forecast is for Net Income to grow by 30.46%.

2023 NI Forecast
$1.45B
2024 NI Forecast
$1.54B
2025 NI Forecast
$1.65B
2026 NI Forecast
$1.76B
2027 NI Forecast
$1.73B
2028 NI Forecast
$1.67B
2029 NI Forecast
$1.66B
2030 NI Forecast
$1.70B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MGEE Stock Forecast MGE Energy Underperform 14
$73.59 $0.00 -7.60%
UTL Stock Forecast Unitil Hold 14
$53.02 $53.67 -1.92%
GNE Stock Forecast Genie Energy - 18
$11.43 $7.50 281.36%

WEC Energy Group Inc EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, WEC Energy Group Inc's EBITDA has grown, moving from $2.49B to $2.86B – an increase of 14.74%. In the next year, analysts predict that EBITDA will jump to $3.41B – up 19.31% from the current level. Looking ahead to eight years, experts forecast that EBITDA will grow by 41.24%.

2023 EBITDA Forecast
$3.41B
2024 EBITDA Forecast
$3.60B
2025 EBITDA Forecast
$3.78B
2026 EBITDA Forecast
$4.21B
2027 EBITDA Forecast
$4.27B
2028 EBITDA Forecast
$4.03B
2029 EBITDA Forecast
$3.96B
2030 EBITDA Forecast
$4.04B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
VIA Stock Forecast Via Renewables - 14
$6.14 $8.00 -89.90%
ED Stock Forecast Consolidated Edison Underperform 15
$96.49 $85.57 -4.65%
DUK Stock Forecast Duke Energy Corp Hold 7
$101.64 $104.76 6.26%

WEC Energy Group Inc EBIT Forecast for 2023 - 2025 - 2030

In the last two years, WEC Energy Group Inc's EBIT has seen an increase, rising from $1.57B to $1.79B. This represents a growth of 14.00%. Analysts predict that WEC Energy Group Inc's EBIT will increase in the upcoming year, reaching $2.15B. This would represent an increase of 20.08%. Over the next eight years, experts predict that WEC Energy Group Inc's EBIT will grow at a rate of 33.13%.

2023 EBIT Forecast
$2.15B
2024 EBIT Forecast
$2.24B
2025 EBIT Forecast
$2.39B
2026 EBIT Forecast
$2.61B
2027 EBIT Forecast
$2.04B
2028 EBIT Forecast
$2.13B
2029 EBIT Forecast
$2.24B
2030 EBIT Forecast
$2.38B

WEC Energy Group Inc EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last two years, WEC Energy Group Inc's EPS has grown, rising from $3.58 to $4.11 – a growth of 14.80%. In the next year, analysts believe that EPS will reach $4.58 – an increase of 11.44%. For the next eight years, the forecast is for EPS to grow by 34.11%.

2023 EPS Forecast
$4.58
2024 EPS Forecast
$4.88
2025 EPS Forecast
$5.22
2026 EPS Forecast
$5.57
2027 EPS Forecast
$5.97
2028 EPS Forecast
$5.58
2029 EPS Forecast
$5.47
2030 EPS Forecast
$5.51