Article

FirstEnergy, with a market cap of $29.6 billion, has shares trading 1.1% below their 52-week high of $51.75. The stock has gained 15.6% over three months, compared to a 4.7% drop in the Nasdaq Composite.

Over the past year, FirstEnergy's stock has increased by 30.7%, outpacing the Nasdaq's 27.8%. The company announced a new substation project in Berkeley County, improving reliability for 2,400 homes. FirstEnergy plans to invest $36 billion from 2026 to 2030 for grid modernization. Analysts rate the stock as 'Moderate Buy' with a price target of $52.77, suggesting 3.1% upside.