Key Highlights

● FE shares ended 9 October 2026 at $44.98.

● Market data consensus target is $52.55, implying about 16.8% upside.

● The second data set shows a mean of $52.92 and a median of $53.

● Morgan Stanley lowered its target from $52 to $49 on 18 September.

FirstEnergy (NYSE:FE), an electric utility holding company and S&P 500 member, closed at $44.98 on Friday 9 October 2026. Published analyst targets sit comfortably above the share price, though named broker coverage is thin.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $52.55 from 12 analysts in the last twelve months, with a high of $56.00 and a low of $49.00. Against the $44.98 close, that suggests potential upside of about 16.8%. The second data set, which uses third-party data for 16 analysts, shows a mean of $52.92, a median of $53, a high of $56 and a low of $48.

The two means differ by about 37 cents, which is a small gap, and both are consistent with the few named broker targets listed in recent months ($49 and $54).

What Are Wall Street Analysts Saying?

Market data records six Buy and six Hold ratings with no Sell ratings, a Moderate Buy consensus. The second data set shows five Strong Buy, three Buy and eight Hold ratings for September 2026, also with no Sell ratings, and describes the consensus as Buy.

The named broker actions on market data are limited. Morgan Stanley lowered its target from $52.00 to $49.00 on 18 September 2026 while keeping an Overweight rating, and Barclays lowered its target from $55.00 to $54.00 on 31 July, also with an Overweight rating. An independent ratings service reiterated a Buy (B-) rating on 14 September, without a price target.

What Could Help the Stock Reach the Price Target?

Market data reports quarterly earnings per share of $0.50, which it says met consensus estimates. It also mentions a $36 billion Energize365 investment plan, which could expand the regulated asset base and support earnings growth if regulators approve the associated rate recovery. A quarterly dividend of $0.4650 per share is shown as payable on 1 December 2026.

What Could Prevent the Stock Reaching the Target?

Utilities are sensitive to interest rates, and higher yields can reduce the appeal of their shares. Regulatory decisions on rates and investment recovery can affect earnings, and a large capital programme brings execution and financing risk. The half of analysts with Hold ratings suggests that expectations are not uniformly high, and the recent reductions in targets from Morgan Stanley and Barclays show that estimates can drift lower.

What Should Investors Watch Next?

Investors may also wish to follow regulatory announcements, progress on the investment plan and further broker target revisions.

FirstEnergy's Energize365 Plan and Trimmed Targets

FirstEnergy closed at $44.98 on 9 October 2026, with the market data consensus of $52.55 implying about 17% upside. Half of the analysts rate the shares Hold, and the lowest target in the market data, $49, matches Morgan Stanley's latest.