WEC Energy Group, Inc. research snapshot
WEC AI stock analysis as of the August 2, 2026 data cutoff reads WEC Energy Group as a high-quality regulated electric and gas utility with visible data center driven load growth, but the stock is now in a corrective pullback after reaching a 52-week high of $119.91 on July 7, 2026. WEC closed at $109.42 on July 31, 2026, down roughly 5.9% from the July 8 close, with a market capitalization verified near $35.65 billion. The Q2 2026 report, released July 29, 2026, delivered net income of $299.2 million, or $0.91 per share, up from $245.4 million, or $0.76 per share, a year ago, and management reaffirmed 2026 EPS guidance of $5.51 to $5.61 with Q3 guidance of $0.92 to $0.98. The growth story is anchored in data centers: Microsoft has 2.6 GW of forecast demand through 2030 in the I-94 corridor, and the Vantage and Oracle site adds 1.3 GW in the forecast with potential to reach 3.5 GW. Offsetting this are a premium valuation near 21x trailing earnings, a technical setup below the 200-day moving average, roughly $22.9 billion of net debt, negative free cash flow from a large capital program, about $1.1 billion of planned common equity issuance this year, Oracle credit support litigation, and rate case and Illinois execution risk. The page presents scenarios, not a price promise, and is for information only.
Current price
$109.42
Market cap
$35.65 billion verified market cap
AI score
64 / 100
Rating
High-quality regulated utility with data center growth, now in a corrective pullback
Trend status
Corrective, below the 20-day, 50-day, 100-day, and 200-day moving averages
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | WEC provides essential electric and natural gas service to 4.8 million customers across Wisconsin, Illinois, Michigan, and Minnesota, with demand tied to reliability, heating, economic development, electrification, and data center load. | High |
| Moat | The moat is regulatory and infrastructure based, with service territories, grid and gas assets, customer density, operating history, and a 60% stake in American Transmission Company. | High |
| Management | Scott Lauber is chairman, president and CEO. Q2 2026 execution delivered a $0.15 per share EPS improvement and a 23rd consecutive dividend increase, but funding the capital plan relies on about $1.1 billion of common equity issuance this year. | Medium-high |
| Financial trend | FY2025 revenue was $9.8001 billion, Q2 2026 net income was $299.2 million or $0.91 per share, H1 2026 net income was $1.1 billion or $3.36 per share, and 2026 guidance of $5.51 to $5.61 was reaffirmed. | High |
| Valuation | At $109.42, WEC screened near 21.2x trailing EPS, 19.9x forward EPS, about 19.7x the 2026 guidance midpoint, 2.5x book value, 3.5x sales, and a 3.48% dividend yield. | Medium-high |
| Technical trend | The setup is corrective. WEC closed at $109.42 on July 31, 2026, below its 20-day, 50-day, 100-day, and 200-day moving averages, with 14-day RSI near 36.81 and 14-day ADX near 12.39. | Medium |
| Risk level | Risk is medium-high. Regulated earnings are defensive, but high debt, negative free cash flow, equity issuance, Oracle credit support litigation, rate case outcomes, Illinois PIPE execution, weather, and fuel costs matter. | Medium-high |
| AI confidence | Descriptive confidence is high because filings and market data are rich and cross-validated. Return confidence is medium because rates, regulation, load growth, financing, and valuation drive the stock. | High data confidence |
| Investment certainty | WEC looks like a high-quality utility compounder, not a deep-value setup, and the pullback has only partially reset the premium. Certainty improves if guidance, regulatory recovery, funding, and load growth remain aligned. | Medium |
WEC AI stock forecast
The WEC AI stock forecast uses scenario ranges because WEC Energy Group combines stable regulated demand with a capital-heavy growth plan, negative free cash flow, and a rate-sensitive valuation. Using the $109.42 price reference and the 2026 EPS guidance midpoint of $5.56, the three-year model produced a bearish area near $91, a base area near $121, and a bullish area near $140 before dividends. These ranges are not promises.
$134 to $146 before dividends
More likely if adjusted EPS compounds near 8%, regulators approve timely recovery, Microsoft and Vantage data center load converts into contracted demand, the $37.5 billion regulated capital plan earns allowed returns, and investors value WEC near 20x forward earnings.
$116 to $127 before dividends
More likely if the 2026 EPS guidance range of $5.51 to $5.61 remains intact, EPS compounds near 6% to 7%, dividend growth stays funded, Oracle credit support is resolved, and the market values WEC near 18x forward earnings.
$86 to $96 before dividends
More likely if interest rates rise, regulators limit cost recovery, equity issuance and debt dilute per-share growth, Oracle credit support issues disrupt the Vantage site, data center demand disappoints, or utility multiples compress toward 15x.
WEC AI technical analysis
WEC AI technical analysis is corrective as of the August 2, 2026 data cutoff. The stock closed at $109.42 on July 31, 2026, below its 20-day moving average near $113.93, its 50-day near $113.68, its 100-day near $114.24, and its 200-day near $112.50, with 14-day RSI near 36.81 and 14-day ADX near 12.39. The 52-week high of $119.91 from July 7, 2026 remains the main upside reference, and support near $108 to $109 from the June low is the first line of defense.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $109.42 | StockAnalysis.com reported WEC closing at $109.42 on July 31, 2026, with a market cap math using 325.85 million shares. |
| Near support | $108 to $109 | The June 1, 2026 low near $108.60 and the July 31 low near $109.00 form the first support band. |
| Next support | $102.95 | The 52-week low is $102.95, and a break below the June low would put this level in play. |
| Near resistance | $112.50 to $114.24 | The 200-day moving average near $112.50, the 50-day near $113.68, the 20-day near $113.93, and the 100-day near $114.24 create an overhead cluster that must be reclaimed. |
| Moving averages | 20-day near $113.93, 50-day near $113.68, 100-day near $114.24, 200-day near $112.50 | Price is below all four moving averages as of July 31, 2026, a bearish alignment after the July pullback. |
| Momentum | Weak, RSI near 37, ADX near 12 | 14-day RSI near 36.81 is weak, and 14-day ADX near 12.39 with -DI above +DI signals a momentum-driven move rather than a strong directional trend. |
| Volume | About 1.99 million on July 31 | StockAnalysis.com reported about 1.99 million shares traded on July 31 versus a 20-day average near 1.86 million, so the recent decline is being absorbed. |
| Volatility | Moderate | Barchart reported 14-day historical volatility near 17.88%, so utility interest rate and regulatory news can still move the stock quickly. |
| Invalidation | Close above $112.50 to $114, or break below $108 | A decisive close above the moving average cluster would be the first sign of stabilization, while a close below $108 would open the path toward the $102.95 52-week low. |
WEC AI trading strategy
The WEC AI trading strategy below is a rules-based research framework, not personal advice. It combines chart levels with 2026 EPS guidance of $5.51 to $5.61, Q3 guidance of $0.92 to $0.98, Treasury yields, rate case outcomes, debt costs, common equity issuance, data center load updates, Oracle credit support, and capital-project execution.
The current trend is corrective, so a fresh long setup requires WEC to reclaim the 200-day moving average near $112.50 to $114 on volume above recent averages. Confirmation is stronger if Treasury yields are stable, Q3 results keep 2026 guidance intact, and no adverse regulatory or Oracle credit update appears.
A failed reclaim followed by a close below $108 should reduce trend confidence, especially if rates rise or funding updates imply more dilution.
If WEC pulls back toward $108 to $109 without a guidance cut or regulatory shock, compare dividend yield near 3.5%, 2026 EPS guidance, rate-base growth, debt funding, Oracle credit support, and peer utility multiples before assuming the pullback is attractive.
Do not average down without a maximum loss rule because capital-intensive utilities can keep falling when allowed returns, customer bills, or bond market funding conditions deteriorate.
Track 2026 EPS guidance of $5.51 to $5.61, Q3 guidance of $0.92 to $0.98, the $37.5 billion regulated capital plan, about $1.1 billion of common equity issuance, Microsoft and Vantage data center load commitments, Oracle credit support and the Port Washington project, Wisconsin and Illinois rate case outcomes, cash and debt, dividend coverage, and American Transmission Company contributions.
Reduce confidence if earnings growth depends mainly on leverage, equity issuance, or multiple expansion rather than authorized utility returns and real load growth.
Investment research summary
Customers pay WEC because homes, businesses, hospitals, factories, and data centers need reliable electricity and natural gas service. The business converts regulated infrastructure investment into earnings when regulators approve cost recovery and fair returns, and data centers are becoming a visible new demand source.
WEC has regulated service territories, electric and gas infrastructure, customer density, operating knowledge, local regulatory relationships, and transmission ownership through American Transmission Company. Pricing power is durable but capped by public utility regulation.
The thesis fails if rates stay high, regulators reject recovery, customer bill pressure grows, Illinois PIPE execution lags, Oracle credit support issues disrupt the Vantage site, equity issuance dilutes per-share growth, or data center demand does not convert into profitable contracted load.
Scott Lauber leads a utility trying to serve faster Midwest load growth while maintaining affordability, credit quality, and dividend growth. The key test is whether management can fund and execute the capital plan without weakening per-share economics, especially with about $1.1 billion of common equity issuance this year.
WEC sits inside grid modernization, electrification, data center demand, gas reliability investment, coal retirement, renewable generation, and transmission buildout. These trends are favorable only if regulators allow returns and customers can absorb bills.
At about 21x trailing earnings and 19.9x forward earnings, WEC still prices in quality, growth, and steady execution. Margin of safety improves if price retreats toward support near $108 to $109 or the $102.95 low while guidance, recovery, funding access, and load growth remain intact.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| Current price | $109.42 close on July 31, 2026 | StockAnalysis.com real-time quote | August 2, 2026 |
| Market capitalization | $35.65 billion, verified as $109.42 x 325.85 million shares with 0.01% deviation | financial_rigor.py market cap verification | August 2, 2026 |
| Shares outstanding | 325.85 million current, 325.725678 million at March 31, 2026 | StockAnalysis.com and SEC Company Facts | August 2, 2026 |
| FY2025 revenue | $9.8001 billion SEC Company Facts, cross-checked with WEC release and StockAnalysis near $9.8 billion with 0.00% deviation | SEC Company Facts and WEC 2025 results release | August 2, 2026 |
| FY2025 net income and diluted EPS | $1.5575 billion net income available to common shareholders and $4.81 diluted EPS | WEC 2025 annual report and SEC Company Facts | August 2, 2026 |
| Q2 2026 results | $299.2 million net income, $0.91 EPS, up from $245.4 million and $0.76 a year ago | WEC Q2 2026 earnings release | July 29, 2026 |
| H1 2026 results | $1.1 billion net income, $3.36 EPS, and $5.5 billion revenue up $337.3 million | WEC Q2 2026 earnings release | July 29, 2026 |
| 2026 EPS guidance | $5.51 to $5.61 per share reaffirmed after Q2 2026 | WEC Q2 2026 earnings release | July 29, 2026 |
| Q3 2026 EPS guidance | $0.92 to $0.98 per share | WEC Q2 2026 earnings call | July 29, 2026 |
| Cash and total debt | $50 million cash and about $22.98 billion total debt at June 30, 2026, with $45.6 million cash and $19.38 billion noncurrent debt at March 31, 2026 | StockAnalysis.com balance sheet and SEC Company Facts | August 2, 2026 |
| Dividend rate | $0.9525 quarterly dividend, or $3.81 annualized, about 3.48% at $109.42, a 23rd consecutive year of increases | WEC dividend announcement and Q2 2026 earnings call | July 16, 2026 |
| Data center load outlook | Microsoft 2.6 GW of forecast demand through 2030 in the I-94 corridor, Vantage and Oracle 1.3 GW in the five-year forecast with potential to reach 3.5 GW | WEC Q2 2026 earnings call | July 29, 2026 |
| Capital plan and growth framework | $37.5 billion regulated 2026 to 2030 capex plan and 7% to 8% long-term EPS growth target, with about 15% of asset base serving very large customers by 2030 | WEC Q2 2026 earnings call | July 29, 2026 |
| Common equity issuance | About $1.1 billion expected in 2026, with about $760 million locked in the first half under the ATM program and employee benefit plan | WEC Q2 2026 earnings call | July 29, 2026 |
| Analyst consensus | Buy with an average target of $123.75 across 20 analysts, low $108 and high $140 | StockAnalysis.com forecast | July 30, 2026 |
| Analyst rating mix, July 2026 | 7 Strong Buy, 1 Buy, 11 Hold, 1 Strong Sell out of 20 analysts | StockAnalysis.com forecast recommendation trends | July 30, 2026 |
| Recent analyst target updates | Scotiabank Buy $140, BTIG Buy $135, JPMorgan $124, BMO Capital Hold $117, KeyBanc Overweight $117, Truist Hold $119 | StockAnalysis.com forecast latest forecasts | July 30, 2026 |
| Short interest | 13.55 million shares short, 4.16% of shares outstanding, 6.22 days to cover | StockAnalysis.com statistics short selling | August 2, 2026 |
| Valuation check | 21.18x trailing PE, 19.91x forward PE, 3.52x sales, 2.52x book value, 3.48% dividend yield | financial_rigor.py valuation verification | August 2, 2026 |
| Technical snapshot | 20-day SMA near $113.93, 50-day SMA near $113.68, 100-day SMA near $114.24, 200-day SMA near $112.50, 14-day RSI near 36.81 | Barchart and StockAnalysis.com technical snapshots | July 31, 2026 |
| Management | Scott Lauber is chairman, president and CEO | WEC Q2 2026 earnings release | July 29, 2026 |
This WEC AI stock analysis is an informational research tool only. It is not investment advice, a recommendation, or a promise of future performance. Forecast ranges are scenarios based on available public data and may be wrong if earnings, rates, regulation, financing, weather, load growth, Oracle credit support, or market multiples change.
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