PPL Corporation (PPL) Stock Price & Analysis
PPL Corporation (PPL) closed at USD 35.35 on Thursday, October 22, 2026, up 2.23% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 34.58; the Oct 22, 2026 session ranged USD 34.74–35.36 on volume of 6,481,003 shares. Market capitalization is $26.60B, with a 52-week range of USD 31.56–40.11 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:24 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PPL.md
Key facts (PPL)
- Last four reported quarters (through Jun 30, 2026): revenue $9.51B, net income $1.27B (13.3% margin), free cash flow -$1.99B (SEC filings).
- Valuation: P/E 21.0x (avg 25.3x at the last 3 fiscal year-ends), EV/EBITDA 12.8x, net debt $19.9B.
- 1 of 80 tracked superinvestors hold PPL (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (18 analysts), mean target USD 39.59 (range 35–44).
- Total return with dividends: 1Y -2.3% vs S&P 500 +14.9%; 5Y +44.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.53, revenue estimate $2.43B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PPL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.84B | $7.90B | $8.31B | $8.46B | $9.17B | $9.51B |
| Operating income | $1.42B | $1.37B | $1.63B | $1.74B | $2.13B | $2.27B |
| Net income | -$1.48B | $756M | $740M | $888M | $1.18B | $1.27B |
| EPS (diluted) | -$1.93 | $1.02 | $1.00 | $1.20 | $1.59 | — |
| Free cash flow | $297M | -$425M | -$632M | -$465M | -$1.40B | -$1.99B |
| Operating margin | 24.4% | 17.4% | 19.6% | 20.6% | 23.2% | 23.8% |
| Net margin | -25.4% | 9.6% | 8.9% | 10.5% | 12.9% | 13.3% |
| Revenue growth | +6.6% | +35.4% | +5.2% | +1.8% | +8.4% | — |
| Cash + short-term investments | $3.57B | $356M | $331M | $306M | $1.07B | — |
| Total debt | $11.1B | $13.2B | $14.6B | $16.5B | $18.9B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PPL)
P/E 21.0x · P/S 2.8x · EV/EBITDA 12.8x · EV/Sales 4.9x · P/B 1.8x · FCF yield -7.49% · Earnings yield 4.76% · Dividend yield (paid, TTM) 3.07% · Net debt $19.9B · EV $46.5B
P/E at fiscal year-ends: Dec 2025 22.0x, Dec 2024 27.0x, Dec 2023 27.0x.
Superinvestors (SEC 13F-HR, Q2 2026) (PPL)
1 of 80 tracked investors hold PPL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| John Rogers | Ariel Investments | 0.49% | $49.1M | New position |
Analysts (PPL)
Consensus Buy (mean 2.00 on a 1–5 scale), 18 analysts; mean target USD 39.59 (low 35, high 44).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | HSBC | Initiated | Buy | $42 |
| 2026-10-21 | Morgan Stanley | Target raised | Overweight | $39 → $40 |
| 2026-10-12 | Barclays | Target lowered | Overweight | $41 → $38 |
| 2026-09-29 | Scotiabank | Initiated | Sector Outperform | $36 |
| 2026-09-28 | Wells Fargo | Target raised | Overweight | $43 → $44 |
| 2026-09-18 | Morgan Stanley | Target lowered | Overweight | $42 → $39 |
| 2026-09-15 | RBC Capital | Initiated | Sector Perform | $35 |
| 2026-08-25 | Jefferies | Target lowered | Buy | $48 → $44 |
| 2026-08-21 | Morgan Stanley | Target lowered | Overweight | $43 → $42 |
| 2026-08-17 | Evercore ISI Group | Target lowered | Outperform | $44 → $42 |
| 2026-08-10 | BMO Capital | Target lowered | Outperform | $40 → $38 |
| 2026-07-22 | BMO Capital | Target raised | Outperform | $39 → $40 |
Total return (dividends reinvested) (PPL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -2.3% | +44.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -2.3% | +7.6% |
| Volatility (annualized) | 18.2% | 19.7% |
| Max drawdown | -18.4% (Apr 2026→Sep 2026) | -21.3% (Jan 2023→Oct 2023) |
PPL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.53 | $0.52 | +2.1% | $2.43B | 12 |
| Next quarter (ends Dec 2026) | $0.47 | $0.46 | +1.6% | $2.46B | 9 |
| Current fiscal year (ends Dec 2026) | $1.95 | $1.95 | -0.1% | $9.63B | 17 |
| Next fiscal year (ends Dec 2027) | $2.12 | $2.12 | -0.0% | $10.21B | 18 |
PPL options: expected move
Options price a move of about ±4.4% (±$1.55) by Nov 20, 2026, which includes earnings on Nov 4, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 19.2% | ±4.4% |
| Dec 18, 2026 | 56 | 18.4% | ±6.0% |
| Jan 15, 2027 | 84 | 17.8% | ±6.9% |
| Apr 16, 2027 | 175 | 18.6% | ±10.3% |
| Jun 17, 2027 | 237 | 18.9% | ±12.1% |
30-day implied volatility 17.7% vs 17.9% realized over the last 30 trading days. Put/call ratio (volume) 0.75. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:24 UTC)
| Price | USD 35.35 |
|---|---|
| Change | ▲ 2.23% (up) |
| Previous Close | USD 34.58 |
| Open | USD 34.74 |
| Day Range | USD 34.74 – 35.36 |
| 52-Week Range | USD 31.56 – 40.11 |
| Volume | 6,481,003 shares |
| Market Cap | $26.60B |
| Exchange | NYQ |
Technical Analysis (PPL)
Nexqual's technical model rates PPL "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:24 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 61.1 (neutral) |
| vs SMA50 | Above (USD 34.14) |
| MACD | 0.32 (positive) |
Analyst Ratings (PPL)
Wall Street analysts rate PPL "Buy" based on 18 analysts, with a mean price target of USD 39.59 (range USD 35–44), per Nexqual as of October 23, 2026 at 09:24 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 18 |
| Mean Target | USD 39.59 |
| High Target | USD 44 |
| Low Target | USD 35 |
| Buy / Hold / Sell | 14 / 4 / 0 |
Earnings (PPL)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.53 |
| Revenue Estimate | $2.43B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.33 vs est 0.34 ▼ miss |
| 2026-03-31 | USD 0.63 vs est 0.62 ▲ beat |
| 2025-12-31 | USD 0.41 vs est 0.42 ▼ miss |
| 2025-09-30 | USD 0.48 vs est 0.46 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financials & Fundamentals (PPL)
| Total Revenue | $9.40B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +4.20% |
| Gross Margin | +44.09% |
| Operating Margin | +23.59% |
| Profit Margin | +13.47% |
| ROE | +8.63% |
| Debt / Equity | 1.35 |
| Current Ratio | 0.91 |
| Total Cash | $332.00M |
| Total Debt | $20.38B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$1.99B (-20.9% of revenue) |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financial Health Score (PPL)
Nexqual rates PPL Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:24 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 44%, operating 24% (last 12 months) |
| Balance Sheet | Weak — $332M cash and investments vs $20.3B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$1.99B (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Mixed — ROE 9%, ROA 3.2% |
Ownership (PPL)
| Insider Ownership | +0.17% |
|---|---|
| Institutional Ownership | +92.56% |
| Shares Outstanding | 752.54M |
| Float | 750.35M |
| Short % of Float | +5.40% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Leadership (PPL)
PPL Corporation is led by Vincent Sorgi, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:24 UTC.
| President, CEO & Director | Vincent Sorgi |
|---|---|
| Executive VP & CFO | Joseph P. Bergstein |
| Executive VP and Chief Technology & Innovation Officer | Dean Anthony Del Vecchio |
| Executive VP & Chief Operating Officer-Utilities | David J. Bonenberger |
| Vice President of Investor Relations | Andrew Ludwig |
Major Backers & Investors (PPL)
Notable institutional backers of PPL Corporation include T. Rowe Price, Invesco, Wellington Management, according to Nexqual as of October 23, 2026 at 09:24 UTC.
Active Investors
| Investor | Stake |
|---|---|
| T. Rowe Price | 4.31% |
| Invesco | 3.83% |
| Wellington Management | 2.84% |
| Morgan Stanley | 2.18% |
| FMR, LLC | 2.16% |
| SELECT SECTOR SPDR TRUST-State Street Utilities Select Sector SPDR ETF | 1.77% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.37% |
| BlackRock | 8.92% |
| State Street | 5.38% |
| Geode Capital | 2.65% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FE | FirstEnergy Corp. | USD 46.49 | ▲ 2.15% |
| CNP | CenterPoint Energy, Inc (Holdin | USD 41.2 | ▲ 2.18% |
| DTE | DTE Energy Company | USD 133.06 | ▲ 2.63% |
| ES | Eversource Energy (D/B/A) | USD 67.84 | ▲ 3.41% |
| FTS | Fortis Inc. | USD 57.88 | ▲ 3.41% |
| AEE | Ameren Corporation | USD 108.94 | ▲ 2.31% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:24 UTC. This page is informational and not investment advice.
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