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PG&E (PCG) Stock Analysis

Utilities Updated August 24, 2026
$18.10
52W $14.34 – $19.16
54/100
$47.17B
12.8
0.28
AI Committee Verdict
Watch
54/100
Conviction: Contested · 50% agreement · 4 analysts
+1.9%
-12.2%
0.16:1
Contested

Is PCG Bullish or Bearish?

Mixed. Innellis AI committee rates PG&E Corporation (PCG) Watch with a composite score of 54/100 , based on 4 analysts with 50% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +6.48 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -13.52 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Growth Analyst remains cautious — growth rate is decelerating quarter over quarter -- the trend line matters more than the level. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 24, 2026
Overall Committee Score
54/100
Agreement
50%
Analysts
4
Conviction
Contested
Sector Rank
Top 33%
of 56 Utilities peers
Growth Analyst bearish
35 / 100 · Low confidence
Growth story is weak, decelerating, or inconsistent
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst neutral
59 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst neutral
55 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score moved marginally from 52.3 to 53.5.

Analyst-level changes:
  • Risk Analyst abstained (was bearish at 32).
  • Value Analyst abstained (was bullish at 65).

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
50.7
Neutral
MACD Histogram
0.022
Bullish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Mixed
Support
$15.47
Resistance
$17.95
Bollinger %B
0.59
Inside Bands
Price vs Moving Averages
EMA 9
$17.64 Above
EMA 21
$17.53 Above
EMA 50
$17.33 Above
EMA 200
$16.89 Above

Fundamental Analysis

Valuation
100
Growth
64
Profitability
53
Financial Health
32
Cash Flow
15
Valuation
P/E Ratio 12.8×
P/B Ratio 1.14×
PEG Ratio 0.48
Dividend Yield 0.99%
52W High $19.16
52W Low $14.34
Quality & Growth
ROE 830.7%
ROA 190.9%
Gross Margin 5621.4%
Operating Margin 1999.5%
Revenue Growth YoY
Debt / Equity 1.91
AI Fundamental Assessment
P/E ratio of 12.8 (inexpensive relative to a 15-40x range); Price-to-book of 1.1x; PEG ratio of 0.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 8.3%; Return on assets of 1.9%; Net margin of 12.3%; Gross margin of 56.2%; Current ratio of 1.22 (tight short-term liquidity); Debt-to-equity of 1.91; Free cash flow per share is negative (-1.94); Most recent quarter beat estimates by 8.7%; 2 consecutive earnings beats; EPS growth decelerating (+33.3% -> -16.7% QoQ); Average YoY EPS growth of 29.0%; Analyst estimates flat over recent quarters
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