Portland General Electric Company research snapshot
POR AI stock analysis currently reads Portland General Electric as a regulated electric utility serving about 960,000 customers in Oregon with steady demand, heavy wildfire mitigation and renewable investment requirements, and a valuation that already prices in much of the defensive utility story. Portland General Electric reported FY2025 operating revenue of approximately $3.37 billion, net income of $306 million, and basic EPS of $2.25. The POR AI stock forecast uses scenario ranges because utility equity value depends on regulatory outcomes, capital spending, customer affordability, wildfire liability, and interest rates rather than a single predictable path. This page is informational research, not investment advice.
Current price
$52.78
Market cap
$6.11 billion verified market cap
AI score
62 / 100
Rating
Oregon-regulated electric utility with stable demand, heavy capital needs, and a premium valuation
Trend status
Positive, trading near 52-week highs with strong YTD performance, but P/E above historical average
Data cutoff (updated weekly)
July 12, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Portland General Electric sells essential regulated electricity service to about 960,000 retail customers in Oregon, plus wholesale power and gas. | High |
| Moat | The moat comes from regulated monopoly service territory, grid infrastructure, customer density, and long-standing Oregon regulatory relationships rather than consumer brand pricing power. | High |
| Management | CEO Maria MacGregor Pope leads a management team navigating wildfire mitigation, renewable portfolio mandates, customer affordability, and a significant capital investment program. | Medium-high |
| Financial trend | FY2025 revenue was about $3.37 billion and net income was $306 million, with EPS of $2.25. Q1 2026 net income was $45 million, and the company missed Q1 revenue and earnings estimates. | Medium-high |
| Valuation | At $52.78, POR trades near 23.46x TTM EPS, 1.48x book value, a 4.26% earnings yield, a 4.17% dividend yield, and a low single-digit FCF yield reflecting the capital spending cycle. | High |
| Technical trend | The stock is near the upper end of its 52-week range with a strong YTD gain, but specific moving average levels and RSI data need chart-software confirmation for precision. | Medium |
| Risk level | Risk is medium-high for a utility because of single-state regulatory concentration, wildfire liability and mitigation costs, capital spending needs, customer bill sensitivity, and the elevated P/E multiple. | Medium-high |
| AI confidence | Descriptive confidence is good because SEC filings and market data are available. Forward confidence is lower because Oregon regulatory decisions, wildfire outcomes, and rate case results carry more uncertainty for a single-state utility. | High data confidence |
| Investment certainty | POR is a regulated utility with visible demand but limited diversification. Certainty improves at lower prices closer to the bear-case range or if regulatory tailwinds strengthen. | Medium |
POR AI stock forecast
The POR AI stock forecast is scenario-based because Portland General Electric combines stable regulated demand with heavy capital spending, wildfire risk, and single-state regulatory exposure. Using the $52.78 reference price, TTM EPS of $2.25, and the three-scenario model, mechanical anchors are about $40 to $42 in a bear case, $55 to $60 in a base case, and $76 to $82 in a bullish case before dividends. These are not promises, and the actual range could widen if Oregon regulatory conditions, wildfire costs, or interest rates shift materially.
$76 to $82 before dividends
More likely if EPS grows near 8% annually, Oregon regulators approve cost recovery for wildfire mitigation and renewable investment, customer growth and load demand hold up, and the market re-rates POR toward a higher P/E multiple in a favorable rate environment.
$55 to $60 before dividends
More likely if EPS grows in the low to mid single digits, the dividend continues with modest increases, regulatory outcomes are constructive but not generous, and valuation stays near the current high-teens to low 20s P/E range.
$40 to $42 before dividends
More likely if rates rise, Oregon regulators limit cost recovery or allowed returns, wildfire liabilities increase, customer affordability pressure constrains rate increases, or the capital plan faces financing headwinds.
POR AI technical analysis
POR AI technical analysis as of the July 12, 2026 data cutoff reflects a stock that has performed strongly year to date, trading near the $52.78 level with positive momentum. The YTD gain is approximately 9.89%, with a 1-year return of about 29.68%. The stock trades above both its 50-day and 200-day moving averages based on the positive trend, but specific moving average levels and RSI readings should be confirmed with chart software. Technical analysis works best when combined with regulatory, wildfire, and capital-plan monitoring.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $52.78 | TradingView listed the most recent close at $52.78, up 1.13% on the session. |
| Near support | $48 to $50 | This area aligns with prior consolidation levels and could provide a first line of support on pullbacks. |
| Major support | $40 to $42 | This range aligns with the bear-case model anchor and sits above the post-2020 support zone. |
| Deeper support | $35 to $38 | A sustained break below major support targets this range, which represents a significant trend failure. |
| Near resistance | $54 to $56 | This area represents the next upside hurdle after the current trading range. |
| Upper resistance | $60 to $63 | The all-time high near $63.08 from February 2020 is the major resistance target for a breakout. |
| Moving averages | Above both 50-day and 200-day averages | Price above both key averages supports the positive trend, but specific values should be confirmed with live chart data. |
| Momentum | Positive but not confirmed with RSI | YTD and 1-year returns are strong, but RSI and MACD readings should be verified with chart software for overbought or divergence signals. |
| Volume | Monitor around earnings and rate-case events | The next earnings report on July 31, 2026 and any Oregon Public Utility Commission rate-case decisions will drive volume and volatility. |
| Volatility | Beta near -0.10 | POR has shown negative beta recently, meaning it has moved inversely to the broad market, but this is not a reliable hedge characteristic. |
| Invalidation | Close below $48, then below $40 | A sustained close below $48 would weaken the positive trend. A break below $40 would challenge the entire utility premium thesis. |
POR AI trading strategy
The POR AI trading strategy below is a research framework, not personal advice. It combines chart levels with Oregon regulatory milestones, wildfire mitigation disclosures, capital spending updates, earnings reports, dividend coverage, Treasury yield trends, and load growth indicators.
Watch for POR to hold above $48 to $50 and then challenge the $54 to $56 resistance area with constructive regulatory news, intact earnings trends, and stable or falling rates.
A failed attempt at $54 to $56 followed by a close below $48 should reduce trend confidence, especially if Oregon rate-case news or wildfire cost disclosures surprise negatively.
If POR pulls back toward $40 to $42 while dividend coverage remains solid and regulatory fundamentals are intact, compare the lower price with earnings yield, dividend yield, and historical valuation ranges.
Do not treat every pullback as a buying opportunity if the decline is driven by higher rates, adverse Oregon regulatory decisions, wildfire liability developments, or a sustained EPS downgrade cycle.
Track Oregon Public Utility Commission rate-case outcomes, wildfire mitigation cost recovery, the capital investment plan, renewable portfolio compliance, customer growth, and the dividend track record.
Position sizing should reflect that POR is a single-state regulated utility with elevated capital needs and wildfire risk, not a diversified multi-state utility. The premium P/E multiple adds valuation risk.
Investment research summary
Customers pay Portland General Electric because homes, businesses, hospitals, and factories in Oregon need reliable electricity. The business converts regulated infrastructure investment into earnings subject to Oregon Public Utility Commission approval of cost recovery and allowed returns.
POR has a regulated monopoly service territory in Oregon, grid and generation assets, customer relationships, and local operating knowledge. Returns are protected but capped by Oregon regulators, and the moat is limited to a single state.
The thesis fails if Oregon regulators restrict cost recovery, wildfire liability exceeds expectations, interest rates rise faster than allowed returns, customer bills face political pressure, or capital spending outruns the balance sheet.
CEO Maria MacGregor Pope and the team are focused on wildfire mitigation, renewable energy investment, grid modernization, customer affordability, and regulatory relationships. The key test is navigating these competing priorities within Oregon regulatory constraints.
Electrification, data center load growth, renewable portfolio standards, and grid hardening support long-term utility investment. The offset for POR is that Oregon-specific policies, wildfire risk, and single-state concentration add uncertainty.
At $52.78, POR trades near 23.46x TTM EPS with a 4.17% dividend yield. Margin of safety appears limited at the current price given the premium P/E. A wider margin would exist if the stock traded closer to $40 to $42 or if earnings growth accelerated with confirmed regulatory support.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| POR quote reference | $52.78 with positive daily, weekly, monthly, YTD, and 1-year returns | TradingView POR overview | July 12, 2026 |
| Market capitalization verification | $6.11 billion reported and $6.11 billion calculated from $52.78 x 115.76 million shares, with 0.00% variance | Pineify financial_rigor.py and TradingView POR overview | July 12, 2026 |
| Shares outstanding | Approximately 115.76 million shares based on market cap and price; float reported at 115.13 million shares | TradingView POR overview | July 12, 2026 |
| FY2025 revenue and net income | Approximately $3.37 billion FY2025 revenue and $306 million net income | TradingView POR financial overview | July 12, 2026 |
| EPS and valuation data | TTM EPS of $2.25, P/E ratio near 23.30x, and dividend yield indicated at 4.18% | TradingView POR overview | July 12, 2026 |
| Balance sheet snapshot | Q1 2026 total assets of $13.20 billion, total liabilities of $9.08 billion, and total equity of approximately $4.12 billion | TradingView POR balance sheet | July 12, 2026 |
| Dividend data | Quarterly dividend of $0.55 per share, annualized $2.20, 4.17% yield, with 2025 payout ratio of 75.09% | TradingView POR overview FAQs | July 12, 2026 |
| Q1 2026 earnings update | Q1 2026 revenue of $879 million (missed $953.23 million estimate), EPS of $0.58 (missed $0.77 estimate), and net income of $45 million | TradingView POR overview FAQs | July 12, 2026 |
| Next earnings date | Next quarterly earnings report expected on July 31, 2026 | TradingView POR overview FAQs | July 12, 2026 |
| Customer and employee base | Approximately 960,000 electric customers and about 2,880 employees | TradingView POR overview and company profile | July 12, 2026 |
| Three-scenario model results | Bullish $79.40 (8% growth, 28x PE), base $58.20 (4% growth, 23x PE), bearish $40.50 (0% growth, 18x PE) over 3 years | Pineify financial_rigor.py | July 12, 2026 |
| Technical references | Beta near -0.10, YTD return +9.89%, 1-year return +29.68%, 52-week price context with all-time high of $63.08 | TradingView POR overview | July 12, 2026 |
This POR AI stock analysis page is an informational research tool only. It is not investment advice, a recommendation, or a guarantee of return. Forecast scenarios are based on available public data as of July 12, 2026 and can be wrong if Oregon regulatory decisions, wildfire costs, earnings, interest rates, capital markets, or company fundamentals change.
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