With liquidity ratios improving, the pge stock price forecast incorporates a reduced risk premium, which could translate into higher price targets in analyst consensus models. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Valued at a market cap of $41 billion , Oakland, California-based PG&E Corporation ( PCG ) is the parent company of Pacific Gas and Electric Company, California's largest regulated electric and gas utility. The company provides electricity and natural gas services to customers across northern and central California, generating power through a diverse mix of sources including nuclear, hydroelectric, and fossil fuels. During the past month, pge traded within a tight $17.60–$18.20 band. This consolidation phase often precedes either a bullish rally or corrective pullback, shaping the near-term pge stock price forecast.