POR

AI Memo

Portland General Electric

As of 2026-02-21/Confidence medium

Open ticker Back to Memos

Data freshness

AI Memo

As of 2026-02-21 • Model: RankAlpha Sentiment AI

Decision Panel

Action, confidence, horizon, and decision blockers at a glance.

Action

—

Confidence

medium

Horizon

—

Key catalyst

Oregon PUC/Rate Case Decision • 2026-12-31

Expected move: +2%

Biggest risk

Adverse regulatory rulings or higher-than-expected operating/capex costs compress allowed returns and push the stock toward analyst lows; credit pressure could amplify downside.

Invalidation

Break below $43 or thesis failure.

What would change my mind?

Successful recovery of capex via favorable rate decisions and steady load/growth lead to upside to the analyst high; execution reduces perceived regulatory risk and supports higher multiple.

Research note

Recommendation

—

Confidence

medium

As of

2026-02-21

Base target

$51

p=60%

Bull target

$58

p=20%

Bear target

$43

p=20%

Key bullets

Fast scan of bull, bear, and watch items

BullKey bullets

Q1 2026 Earnings Release
Clean-energy capex and long-term rate base growth
Successful recovery of capex via favorable rate decisions and steady load/growth lead to upside to the analyst high; execution reduces perceived regulatory risk and supports higher multiple.

BearKey bullets

Credit rating pressure from slower-than-expected recovery
Higher-than-expected capex or wildfire/insurance costs
Regulatory/rate-case setbacks

WatchKey bullets

Oregon PUC/Rate Case Decision

Summary

High-level snapshot

Recommendation

Model confidence

medium

Timeframe

Asset

Equity

Trigger

Base case: $51 (p=60%)

Bull/Bear spread: +16% / -15%

Vs latest close: Bull +16% · Base +2% · Bear -15%

Scenario probabilities

Bull Target: $58 (p=20%)Base Target: $51 (p=60%)Bear Target: $43 (p=20%)

Commentary

Neutral-to-cautious: the base target (51.00) sits near the anchor (52.44), implying limited near-term upside absent favorable regulatory outcomes. Bull (58.00) requires successful rate-case and capex recovery; bear (42.50) signals material downside from adverse rulings or capex overruns. Near-term earnings/dividend signals and the Oregon rate-case are the primary drivers of direction [#SERP-3], [#SERP-2].

As of 2026-02-21 • Updated bi-weekly / post-earningsSource: Internal modelMethodology

Analyst Summary

Thesis highlights from the latest analysis

Bull Case

Successful recovery of capex via favorable rate decisions and steady load/growth lead to upside to the analyst high; execution reduces perceived regulatory risk and supports higher multiple.

Bear Case

Adverse regulatory rulings or higher-than-expected operating/capex costs compress allowed returns and push the stock toward analyst lows; credit pressure could amplify downside.

Drivers

Scannable catalysts and supporting factors

Q1 2026 Earnings Release
Clean-energy capex and long-term rate base growth

Human Analyst Targets

External snippets for comparison only; verify at source.

Unverified externalLast fetched 2026-02-21Source quality: external scrape

External snippets are unverified; treat as directional signals only. Always confirm with the original provider.

Inline RA est

Provider

serper

Median (USD)

$50.31

Range (USD)

$42.50 - $58.00

Count

Query: Portland General Electric Co Common (POR) analyst consensus price target high low average

Portland General Electric Company (POR) Stock Price, News, Quote ...
Search result #1
Analyst Insights: POR. View more. Analyst Price Targets. 42.50 Low. 51.35 ... PORTLAND GENERAL ELECTRIC CO has an Investment Rating of BUY; a target price ...
Open source
Portland General Electric (POR) Price Targets
Search result #2
The forecasts range from a low of $42.50 to a high of $58.00. The average price target represents a decline of 1.13% from the last closing price of $52.09.
Extracted: $42.50, $58.00, $52.09Open source
Portland Gen Electric Analyst Ratings and Price Targets | NYSE:POR
Search result #3
Portland General Electric Co has a consensus price target of $46.47 based on the ratings of 18 analysts. The high is $51 issued by UBS on November 19, 2025.
Extracted: $46.47, $51.00Open source
POR Stock Forecast: Analyst Ratings, Predictions & Price Target 2026
Search result #4
Financial analysts have set a price target of $48.22, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated ...
Extracted: $48.22Open source
Portland General Electric (POR) Stock Forecast, Price ... - TipRanks
Search result #5
The average price target is $50.17 with a high forecast of $58.00 and a low forecast of $43.00. The average price target represents a -3.80% change from the ...
Extracted: $50.17, $58.00, $43.00Open source
POR | Portland General Electric Co. Analyst Estimates & Ratings
Search result #6
Stock Price Target POR. High, $58.00. Median, $51.00. Low, $42.50. Average, $50.31. Current Price, $54.00. Related Links: Options · Overview · Research & ...
Extracted: $58.00, $51.00, $42.50, $50.31, $54.00Open source

Scenarios

Bull Target (Scenario probability)

$58 / p=20% prob

Base Target (Scenario probability)

$51 / p=60% prob

Bear Target (Scenario probability)

$43 / p=20% prob

Price $50 as of 2026-05-29

Nearest Scenario: Base (∆ 2%)

Targets vs latest close: Bull +16% · Base +2% · Bear -15%

Sentiment & Exposure

Sentiment unavailable: insufficient coverage

Events

Other notable items detected

EVENT2026-12-31
Oregon PUC/Rate Case Decision
State regulatory decision on rate recovery and cost recovery riders could materially affect allowed returns and earnings; date assumed as end of the regulatory window (conservative assumption) [#SERP-2].
Prob 45.00% • Move 10.00% • Priced-in 40.00%

Short-term Catalysts

Next few weeks

Q1 2026 Earnings Release
2026-05-22
Quarterly results and guidance update could move the stock modestly; utilities typically see muted earnings volatility but may update regulatory/outlook commentary [#SERP-1]. Assumed date is the quarter-end release window; using a conservative estimate for pricing timelines.
Prob 60% • Move 3% • Priced-in 70%

Long-term Catalysts

Months to a year

Clean-energy capex and long-term rate base growth
2027-02-21
Execution and recovery of grid modernization / clean-energy investments will shape multi-year earnings growth and credit profile; effect unfolds over the next year and beyond [#SERP-5].
Prob 55% • Move 15% • Priced-in 30%

Risks

Credit rating pressure from slower-than-expected recovery
Higher-than-expected capex or wildfire/insurance costs
Regulatory/rate-case setbacks

Peers

Symbol	Summary
PPL	PPL Corporation: investor-owned utility with regulated rate-base growth priorities and comparable regulatory sensitivity.
D	Dominion Energy: larger utility with extensive capex and regulatory interactions; useful reference for rate-case and capex recovery dynamics.

Sources

Internal and external references used in this analysis

Model source: RankAlpha Sentiment AI
Human targets: serper
Targets query: Portland General Electric Co Common (POR) analyst consensus price target high low average
Analysis date: 2026-02-21

AI Stock Memo: POR - Portland General Electric - RankAlpha