WEC Energy Group Issues $900M Convertible Notes

WEC Energy Group ( (WEC) ) has issued an announcement.

On June 10, 2025, WEC Energy Group, Inc. issued $900 million in 3.375% Convertible Senior Notes due 2028. These notes, which were sold under a Purchase Agreement dated June 5, 2025, are senior unsecured obligations and are convertible under specific conditions. The issuance allows WEC Energy Group to raise capital without immediate stock dilution, potentially impacting its financial strategy and market positioning.

The most recent analyst rating on (WEC) stock is a Hold with a $97.00 price target. To see the full list of analyst forecasts on WEC Energy Group stock, see the WEC Stock Forecast page.

Spark’s Take on WEC Stock

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

WEC Energy Group’s strong financial performance and positive earnings call are the most significant contributors to the overall score. The sound financial position and strategic growth initiatives, particularly in renewable energy, provide a positive outlook. Technical indicators suggest stability, while valuation metrics indicate the stock is fairly valued.

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

More about WEC Energy Group

Average Trading Volume: 2,312,188

Technical Sentiment Signal: Buy

Current Market Cap: $33.7B

See more data about WEC stock on TipRanks’ Stock Analysis page.