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FirstEnergy Faces $250.7 Million Order from Ohio Commission

Story Highlights
  • FirstEnergy’s Ohio subsidiaries received significant orders from the Public Utilities Commission of Ohio.
  • The orders include a $250.7 million payment and plans for a three-year rate plan in 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FirstEnergy Faces $250.7 Million Order from Ohio Commission

TipRanks Black Friday Sale

FirstEnergy ( (FE) ) has shared an update.

On November 19, 2025, FirstEnergy‘s Ohio subsidiaries received orders from the Public Utilities Commission of Ohio regarding their 2024 base rate case and consolidated audits. The orders include significant financial implications, such as a combined payment of $250.7 million for refunds, restitution, and civil forfeitures. These developments mark important milestones for FirstEnergy, as they continue to invest in distribution system improvements and prepare to file a three-year rate plan in early 2026, aiming to enhance reliability and customer experience.

The most recent analyst rating on (FE) stock is a Hold with a $50.00 price target. To see the full list of analyst forecasts on FirstEnergy stock, see the FE Stock Forecast page.

Spark’s Take on FE Stock

According to Spark, TipRanks’ AI Analyst, FE is a Outperform.

FirstEnergy’s overall stock score is driven by strong earnings call results and positive technical indicators. Financial performance is solid but hindered by high leverage and cash flow challenges. Valuation is fair, with a competitive dividend yield.

To see Spark’s full report on FE stock, click here.

More about FirstEnergy

FirstEnergy Corp. operates in the electric utility industry, primarily focusing on the distribution and transmission of electricity. The company serves over two million customers in Ohio through its subsidiaries, including the Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company.

Average Trading Volume: 4,341,757

Technical Sentiment Signal: Buy

Current Market Cap: $26.71B

Learn more about FE stock on TipRanks’ Stock Analysis page.

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