WEC Energy Group (NYSE:WEC) Price Target Raised to $121.00

Posted by Lindsey Winhoffer on Feb 6th, 2026

WEC Energy Group (NYSE:WEC – Get Free Report) had its target price raised by equities research analysts at Mizuho from $117.00 to $121.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the utilities provider’s stock. Mizuho’s target price would indicate a potential upside of 8.02% from the company’s previous close.

WEC has been the subject of a number of other reports. Bank of America decreased their price objective on WEC Energy Group from $122.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, December 31st. JPMorgan Chase & Co. raised their price objective on WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Wall Street Zen cut WEC Energy Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. TD Cowen started coverage on WEC Energy Group in a research note on Thursday, October 16th. They set a “hold” rating and a $125.00 price target on the stock. Finally, BMO Capital Markets lifted their target price on shares of WEC Energy Group from $114.00 to $120.00 and gave the stock a “market perform” rating in a research note on Tuesday, October 21st. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, WEC Energy Group presently has a consensus rating of “Hold” and an average price target of $120.07.

Read Our Latest Research Report on WEC Energy Group

WEC Energy Group Stock Performance

Shares of WEC Energy Group stock opened at $112.01 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.33 and a debt-to-equity ratio of 1.29. The stock’s fifty day moving average price is $107.08 and its 200-day moving average price is $109.71. The firm has a market cap of $36.44 billion, a P/E ratio of 21.17, a P/E/G ratio of 2.68 and a beta of 0.58. WEC Energy Group has a 12 month low of $99.89 and a 12 month high of $118.18.

WEC Energy Group (NYSE:WEC – Get Free Report) last posted its earnings results on Thursday, February 5th. The utilities provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.03. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.19 billion. WEC Energy Group had a net margin of 17.75% and a return on equity of 12.60%. The company’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities research analysts expect that WEC Energy Group will post 5.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WEC Energy Group

A number of hedge funds have recently bought and sold shares of WEC. CVA Family Office LLC lifted its position in shares of WEC Energy Group by 25.4% during the 3rd quarter. CVA Family Office LLC now owns 440 shares of the utilities provider’s stock valued at $50,000 after buying an additional 89 shares in the last quarter. Blossom Wealth Management boosted its holdings in WEC Energy Group by 1.4% in the 3rd quarter. Blossom Wealth Management now owns 6,439 shares of the utilities provider’s stock worth $738,000 after buying an additional 90 shares during the last quarter. Inscription Capital LLC increased its stake in WEC Energy Group by 4.7% during the 4th quarter. Inscription Capital LLC now owns 2,036 shares of the utilities provider’s stock worth $215,000 after buying an additional 91 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in shares of WEC Energy Group by 1.6% in the second quarter. Verdence Capital Advisors LLC now owns 5,712 shares of the utilities provider’s stock valued at $595,000 after acquiring an additional 92 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its stake in shares of WEC Energy Group by 1.7% in the third quarter. Moors & Cabot Inc. now owns 5,511 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 77.20% of the company’s stock.

WEC Energy Group News Summary

Here are the key news stories impacting WEC Energy Group this week:

Positive Sentiment: Q4 earnings slightly beat expectations — WEC reported $1.42 EPS vs. consensus ~ $1.39 and revenue of $2.54B, both topping Street estimates, driven by higher residential and commercial sales. Utility WEC Energy tops Q4 profit estimates as electricity, gas sales rise
Positive Sentiment: Big long‑term growth plan — Management unveiled a $37.5B capital plan and is targeting 7–8% annual EPS growth through 2030, driven in part by surging data center demand, which offers a multi‑year growth runway. WEC Energy outlines $37.5B capital plan and 7-8% annual EPS growth through 2030 as data center demand surges
Neutral Sentiment: FY‑2026 guidance provided — WEC set EPS guidance of $5.510–$5.610 for FY‑2026 (close to consensus), giving investors a clearer roadmap but leaving little margin for downside vs. analyst models. WEC Energy Group posts 2025 results
Negative Sentiment: Revenue decline year‑over‑year — Although revenue beat estimates, Q4 revenue was down ~8.8% vs. the prior year, underscoring near‑term volatility in top‑line trends. WEC Energy Group earnings release and call
Negative Sentiment: Execution and financing risk from large capex and data center timeline — The $37.5B plan supports growth but raises execution, permitting and financing risks (given a ~1.29 debt/equity) and analysts flag uncertainty around the timing of data center buildouts that drive the upside. WEC Energy faces earnings test on data center growth timeline

About WEC Energy Group

(Get Free Report)

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.