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PPL ( (PPL) ) has provided an update.
On November 26, 2025, Rhode Island Energy announced its filing for a rate increase with the Rhode Island Public Utilities Commission, effective September 1, 2026. This is the first comprehensive rate review since 2017, aimed at aligning electric and gas distribution rates with operational costs and supporting infrastructure upgrades, customer service improvements, and affordability programs. The proposed rate plan seeks to collect additional revenue of $180.7 million in the first year and $49.4 million in the second year, with a focus on system reliability, customer experience enhancements, and affordability measures. The company cites inflation and increased costs as reasons for the proposal, which could impact residential customers’ bills significantly.
The most recent analyst rating on (PPL) stock is a Buy with a $40.00 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 Neutral.
PPL’s overall stock score reflects strong earnings call highlights and solid financial performance, tempered by technical analysis and valuation concerns. The company’s strategic investments and growth prospects are promising, but cash flow management and valuation metrics warrant caution.
To see Spark’s full report on PPL stock, click here.
More about PPL
Rhode Island Energy, a subsidiary of PPL Corporation, provides essential energy services to over 770,000 customers across Rhode Island, delivering electricity and natural gas. The company employs more than 1,300 people and is committed to supporting the transition to a cleaner energy future by building smarter, more resilient power grids and advancing sustainable energy solutions.
Average Trading Volume: 5,472,739
Technical Sentiment Signal: Strong Buy
Current Market Cap: $26.93B
See more data about PPL stock on TipRanks’ Stock Analysis page.