Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from PPL ( (PPL) ) is now available.
On July 29, 2025, LG&E and KU announced a stipulation agreement with several intervenors regarding future generation-related construction projects, filed with the Kentucky Public Service Commission (KPSC). The agreement includes the construction of two 645 MW natural gas combined-cycle units and a selective catalytic reduction system, while withdrawing a battery storage project proposal. The stipulation, subject to KPSC approval, aims to address Kentucky’s growing energy needs amid economic development. The projected capital expenditures for these projects are approximately $4.1 billion, with the stipulation set for a hearing on August 4, 2025, and a ruling expected in the fourth quarter of 2025.
The most recent analyst rating on (PPL) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on PPL stock, see the PPL Stock Forecast page.
Spark’s Take on PPL Stock
According to Spark, TipRanks’ AI Analyst, PPL is a Outperform.
PPL’s overall score is driven by strong financial performance, strategic corporate developments, and positive earnings call insights. While technical indicators suggest short-term momentum, valuation concerns due to a high P/E ratio and cash flow challenges weigh on the score. The joint venture with Blackstone adds a strategic advantage, supporting the positive outlook despite existing challenges.
To see Spark’s full report on PPL stock, click here.
More about PPL
Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) are regulated utilities under the PPL Corporation, serving over 1.3 million customers. LG&E provides natural gas and electric services in Louisville and surrounding counties, while KU serves customers in Kentucky and Virginia. They are known for their high customer service standards.
Average Trading Volume: 5,437,485
Technical Sentiment Signal: Buy
Current Market Cap: $26.4B
For a thorough assessment of PPL stock, go to TipRanks’ Stock Analysis page.