tiprankstipranks
Trending News
More News >

PG&E Raises $1.25 Billion Through Bond Sale

Story Highlights
PG&E Raises $1.25 Billion Through Bond Sale

Don’t Miss TipRanks’ Half-Year Sale

PG&E ( (PCG) ) just unveiled an announcement.

On June 2, 2025, PG&E entered into an Underwriting Agreement for the issuance and sale of First Mortgage Bonds, raising $1.25 billion through the sale completed on June 4, 2025. This financial move is likely to impact the company’s capital structure and could influence its market positioning and stakeholder interests.

The most recent analyst rating on (PCG) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on PG&E stock, see the PCG Stock Forecast page.

Spark’s Take on PCG Stock

According to Spark, TipRanks’ AI Analyst, PCG is a Neutral.

PG&E’s overall stock score reflects strong financial performance with solid profitability and cash generation, coupled with stable technical indicators. The reaffirmed guidance and strategic growth plans from the earnings call further support the positive outlook, despite valuation challenges and external risks such as legislative uncertainties.

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

More about PG&E

Pacific Gas and Electric Company (PG&E) operates in the utilities industry, providing natural gas and electricity to customers in California.

Average Trading Volume: 16,305,299

Technical Sentiment Signal: Sell

Current Market Cap: $36.59B

For a thorough assessment of PCG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1