JPMorgan Chase & Co. Lowers Portland General Electric (NYSE:POR) Price Target to $53.00

Posted by Stanley Muller on Sep 9th, 2026

Portland General Electric (NYSE:POR – Get Free Report) had its target price decreased by equities research analysts at JPMorgan Chase & Co. from $56.00 to $53.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 8.61% from the company’s current price.

A number of other brokerages have also recently weighed in on POR. BMO Capital Markets set a $52.00 target price on Portland General Electric in a report on Tuesday, August 4th. LADENBURG THALM/SH SH upgraded Portland General Electric from a “neutral” rating to a “buy” rating and set a $48.50 price target for the company in a research note on Thursday, August 13th. Weiss Ratings downgraded Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. Finally, Zacks Research raised Portland General Electric from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $51.15.

Check Out Our Latest Research Report on POR

Portland General Electric Trading Down 1.4%

Portland General Electric stock traded down $0.67 during trading on Wednesday, reaching $48.80. The company had a trading volume of 391,872 shares, compared to its average volume of 1,220,984. Portland General Electric has a 12-month low of $41.80 and a 12-month high of $54.62. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.98. The stock’s 50 day moving average price is $50.67 and its two-hundred day moving average price is $51.13. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 2.10 and a beta of 0.51.

Portland General Electric (NYSE:POR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). Portland General Electric had a return on equity of 7.47% and a net margin of 7.27%.The company had revenue of $814.00 million for the quarter, compared to analysts’ expectations of $839.75 million. During the same period in the prior year, the business earned $0.66 EPS. The business’s revenue for the quarter was up .9% on a year-over-year basis. As a group, equities analysts expect that Portland General Electric will post 3.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Portland General Electric news, Director Michael Lewis sold 1,537 shares of the business’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $51.83, for a total transaction of $79,662.71. Following the transaction, the director owned 15,045 shares in the company, valued at $779,782.35. The trade was a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Portland General Electric

Several hedge funds have recently modified their holdings of POR. California State Teachers Retirement System lifted its position in Portland General Electric by 4,959.5% during the 2nd quarter. California State Teachers Retirement System now owns 6,896,396 shares of the utilities provider’s stock worth $357,440,000 after acquiring an additional 6,760,091 shares in the last quarter. Clearbridge Investments LLC grew its holdings in Portland General Electric by 1,342.7% during the 4th quarter. Clearbridge Investments LLC now owns 4,643,134 shares of the utilities provider’s stock valued at $222,824,000 after purchasing an additional 4,321,305 shares in the last quarter. BlackRock Inc. increased its stake in Portland General Electric by 7.4% during the 2nd quarter. BlackRock Inc. now owns 18,719,655 shares of the utilities provider’s stock worth $970,240,000 after buying an additional 1,292,219 shares during the period. Norges Bank purchased a new stake in Portland General Electric during the 4th quarter worth $56,497,000. Finally, AQR Capital Management LLC lifted its holdings in Portland General Electric by 42.2% in the 4th quarter. AQR Capital Management LLC now owns 3,551,731 shares of the utilities provider’s stock worth $170,448,000 after buying an additional 1,054,450 shares in the last quarter.

About Portland General Electric

(Get Free Report)

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.