FirstEnergy Corp. ($FE) Stock Forecast: Down 9.8% Today

What is FirstEnergy Corp.?

FirstEnergy (FE) is a utility company specializing in the transmission and distribution of electricity, with a focus on improving service reliability and meeting customer demand.

Why is FirstEnergy Corp. going down?

FE stock is down 9.8% on Feb 27, 2025 19:41

• Today's downward movement in FirstEnergy's stock can be attributed to various factors:
• Missing Q4 earnings and revenue estimates by a significant margin might have disappointed investors, leading to a stock sell-off.
• The positive news regarding project awards and anticipated benefits from service enhancements may have been overshadowed by the earnings shortfall, resulting in a decline in the stock value.
• Concerns about the company's future financial performance have emerged due to the negative surprises in the latest quarterly results.
• Despite advancements in infrastructure investments and service upgrades, the market sentiment towards FirstEnergy appears to have been negatively impacted by the disappointing financial results.

FE Price Chart

FE Technical Analysis

FE News

FirstEnergy Awarded Projects by PJM Interconnection to Enhance Reliability and Address Rising Customer Demand - FirstEnergy ( NYSE:FE )

Project awards represent approximately $1.25 billion in customer-focused investments for FirstEnergy Transmission and $46 million for other FirstEnergy subsidiaries AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- FirstEnergy Transmission LLC ( FET ) , jointly owned by FirstEnergy Corp.

https://www.benzinga.com/pressreleases/25/02/n44018670/firstenergy-awarded-projects-by-pjm-interconnection-to-enhance-reliability-and-address-rising-cust

FirstEnergy ( FE ) Misses Q4 Earnings and Revenue Estimates

FirstEnergy (FE) delivered earnings and revenue surprises of -4.29% and 13.52%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2422286/firstenergy-fe-misses-q4-earnings-and-revenue-estimates

FirstEnergy to Release Q4 Earnings: Here's What You Need to Know

FE fourth-quarter 2024 results are expected to benefit from enhancement of service reliability and the installation of a new transformer at its substation.

https://www.zacks.com/stock/news/2420458/firstenergy-to-release-q4-earnings-heres-what-you-need-to-know

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FirstEnergy Corp. Price History

09.01.2024 - FE Stock was up 5.4%

• FirstEnergy (FE) released an investor update, providing strategic insights and disclosing a regulation fd disclosure. This may have generated positive sentiment among investors.
• The company's Q4 earnings beat estimates, indicating strong financial performance. This positive surprise could have contributed to the bullish movement.
• FirstEnergy surpassed earnings expectations and unveiled a $26 billion investment plan. This announcement of significant investment may have instilled confidence in the company's future prospects, driving the bullish movement.
• The reported earnings of $175 million for the fourth quarter exceeded expectations, further supporting the positive sentiment surrounding the stock.

03.09.2023 - FE Stock was down 5.2%

• Today, the stock of FirstEnergy Corp (FE) experienced a strong bearish movement. This could be attributed to several factors:
• 1. Annual Storm Restoration Drill: The news article mentioning the annual storm restoration drill conducted by Penelec, a subsidiary of FirstEnergy Corp, may have highlighted the potential risks and challenges the company faces during severe weather events. This could have raised concerns among investors about the company's ability to handle such situations effectively.
• 2. Downgrade by StockNews.com: The downgrade of FirstEnergy's rating from "hold" to "sell" by StockNews.com, along with other equities research analysts issuing similar reports, likely had a negative impact on investor sentiment. This downgrade may have been based on concerns about the company's performance potential.
• 3. Comparison with Verisign Stock: The article comparing FirstEnergy with Verisign stock and suggesting that FirstEnergy is a better pick may have caused some investors to reassess their investment decisions. This comparison could have led to a shift in investor focus towards Verisign stock, potentially contributing to the bearish movement in FirstEnergy's stock.
• 4. Lack of positive news: The absence of any positive news or significant developments regarding FirstEnergy Corp may have also contributed to the bearish market movement. Investors may have been looking for catalysts or positive indicators to drive the stock's performance, leading to a decline in investor confidence.
• Overall, the combination of concerns related to storm preparedness, negative ratings, comparisons with other stocks, and the absence of positive news likely contributed to the bearish movement in FirstEnergy Corp's stock today.

27.01.2025 - FE Stock was down 5.8%

• FirstEnergy (FE) reported Q4 earnings and revenue below estimates, indicating a lackluster performance for the period.
• The miss in earnings and revenue could have contributed to the bearish movement in FE's stock price today.
• Despite efforts to enhance service reliability and infrastructure, investors may have been disappointed by the financial results, leading to a negative market sentiment towards the stock.
• The market reaction suggests that investors are closely monitoring the company's financial performance and may be cautious about its future prospects until stronger results are demonstrated.

27.01.2025 - FE Stock was down 9.8%

• Today's downward movement in FirstEnergy's stock can be attributed to various factors:
• Missing Q4 earnings and revenue estimates by a significant margin might have disappointed investors, leading to a stock sell-off.
• The positive news regarding project awards and anticipated benefits from service enhancements may have been overshadowed by the earnings shortfall, resulting in a decline in the stock value.
• Concerns about the company's future financial performance have emerged due to the negative surprises in the latest quarterly results.
• Despite advancements in infrastructure investments and service upgrades, the market sentiment towards FirstEnergy appears to have been negatively impacted by the disappointing financial results.