FirstEnergy Stock Outperforms Nasdaq with 30.7% Growth Over 52 Weeks
FirstEnergy's market cap is nearly $29.6 billion. Shares are currently 1.1% below their 52-week high, having gained 15.6% in three months, while the Nasdaq has dropped 4.7%. Over 52 weeks, FirstEnergy's stock has climbed 30.7%, outperforming the Nasdaq's 27.8%. The company plans to invest $36 billion from 2026 to 2030 to enhance its electric grid. Analysts maintain a 'Moderate Buy' rating with an average price target of $52.77, indicating potential upside.
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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.
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