PP PPL PPL Corporation Загрузка... : Бычьи и медвежьи мнения аналитиков

FirstEnergy expects to allocate only ~4% of the PJM Reliability Resource Initiative (backstop) auction megawatts to its zone, reducing the cost burden on its customers and potentially signaling that the auction's risks are concentrated in other utilities' footprints. — This reveals that the backstop capacity costs will be unevenly distributed across the PJM footprint, potentially pressuring earnings or customer rates for utilities that receive larger allocations.

Bearish view on PPL as regulated utilities face political scrutiny and ratepayer backlash.

Management reiterated 2026 guidance and long-term growth targets, citing strong operating performance, regulatory progress, and a growing pipeline of opportunities from data centers, generation, and the Blackstone JV.

Exelon withdrew its Pennsylvania (PECO) rate cases and is actively pulling back on distribution capex, signaling a deteriorating regulatory environment in Pennsylvania that could pressure other utilities' rate case outcomes in the state. — Sets a negative precedent for rate case outcomes in Pennsylvania, potentially forcing other utilities in the state to moderate their own requests.

Neutral on PPL/CEG/PEG/VST/NRG due to near-term PPL basis weakness but potential long-term.

Management provided a strong long-term outlook, raising capex plans, confirming EPS growth targets, and highlighting significant potential upsides from the Blackstone JV and load growth.

The company is providing strong, multi-year forward guidance.