PG&E (PCG) Surpasses 1 Million Grid-Connected Solar Customers

1 hour ago 2

Faheem Tahir

Wed, June 17, 2026 astatine 11:23 AM CDT 2 min read

PG&E Corporation (NYSE:PCG) is 1 of the undervalued infrastructure stocks to bargain now. Two analysts precocious trimmed their terms targets connected the stock, yet the underlying request communicative has not gone quiet.

PG&E (PCG) Surpasses 1 Million Grid-Connected Solar Customers

PG&E (PCG) Surpasses 1 Million Grid-Connected Solar Customers

On May 21, 2026, Morgan Stanley lowered its terms people connected PG&E Corporation (NYSE:PCG) to $22 from $23, keeping an "Equal Weight" rating, arsenic portion of a broader update to North American Regulated and Diversified Utilities and IPP targets.

Three days earlier, connected May 18, 2026, Truist made the aforesaid terms people move, cutting to $22 from $23 portion keeping a "Buy" standing connected PG&E Corporation (NYSE:PCG). The accommodation came arsenic portion of a broader exemplary update up of the American Gas Association's Financial Forum. Truist noted the assemblage is present successful twelvemonth 3 of the information halfway wave, with concern and maturation expectations continuing to climb. The steadfast views vertically integrated electrical utilities arsenic wide winners successful gathering the infrastructure needed to service that load growth.

Meanwhile, PG&E Corporation (NYSE:PCG) added a milestone of its own. On June 4, 2026, the institution announced it had surpassed 1 cardinal customers with star systems connected to its electrical grid. Jason Glickman, Executive Vice President of Strategy and Growth, said PG&E has enabled much star adoption than immoderate inferior successful the country.

PG&E Corporation (NYSE:PCG) sells energy and earthy state crossed the U.S. market. The institution uses fossil fuel-fired, substance cells, photovoltaic, nuclear, and hydroelectric sources to make electricity. It serves residential, commercial, industrial, and cultivation customers, arsenic good arsenic earthy gas-fired energy procreation facilities. The institution operates done assorted interconnected transmission lines.

While we admit the imaginable of PCG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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