OGE Energy (NYSE:OGE) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

OGE Energy (NYSE:OGE) had its price objective hoisted by investment analysts at Wells Fargo & Company from $47.00 to $48.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the utilities provider’s stock. Wells Fargo & Company‘s price objective indicates a potential downside of 0.54% from the stock’s previous close.

A number of other analysts also recently issued reports on OGE. Wall Street Zen downgraded shares of OGE Energy from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Royal Bank Of Canada restated a “sector perform” rating on shares of OGE Energy in a report on Friday, January 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of OGE Energy in a report on Monday, April 6th. Mizuho set a $49.00 price target on shares of OGE Energy in a report on Thursday, February 19th. Finally, JPMorgan Chase & Co. assumed coverage on shares of OGE Energy in a report on Friday, March 20th. They set an “overweight” rating and a $52.00 price target for the company. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $49.38.

OGE Energy Stock Down 1.1%

Shares of NYSE OGE opened at $48.26 on Thursday. The company has a 50 day simple moving average of $48.05 and a 200-day simple moving average of $45.56. The company has a market capitalization of $9.96 billion, a P/E ratio of 21.54, a P/E/G ratio of 3.62 and a beta of 0.55. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.49. OGE Energy has a 1 year low of $41.69 and a 1 year high of $50.13.

OGE Energy (NYSE:OGE) last announced its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $752.60 million during the quarter, compared to the consensus estimate of $616.02 million. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. The business’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.31 EPS. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. On average, equities research analysts predict that OGE Energy will post 2.42 earnings per share for the current year.

Insider Activity at OGE Energy

In related news, Director Lyle G. Ganske bought 10,420 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was purchased at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the acquisition, the director owned 10,420 shares of the company’s stock, valued at approximately $500,055.80. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Sarah R. Stafford sold 6,130 shares of OGE Energy stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the completion of the sale, the chief accounting officer owned 28,559 shares of the company’s stock, valued at $1,364,263.43. This trade represents a 17.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of OGE Energy

Several institutional investors have recently added to or reduced their stakes in OGE. AE Wealth Management LLC boosted its position in OGE Energy by 4.7% in the 3rd quarter. AE Wealth Management LLC now owns 356,485 shares of the utilities provider’s stock valued at $16,495,000 after buying an additional 16,058 shares during the period. ProShare Advisors LLC boosted its position in OGE Energy by 6.1% in the 3rd quarter. ProShare Advisors LLC now owns 779,470 shares of the utilities provider’s stock valued at $36,066,000 after buying an additional 44,503 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in OGE Energy by 302.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 58,392 shares of the utilities provider’s stock valued at $2,702,000 after buying an additional 43,895 shares during the period. Pacer Advisors Inc. boosted its position in OGE Energy by 390.6% in the 3rd quarter. Pacer Advisors Inc. now owns 36,805 shares of the utilities provider’s stock valued at $1,703,000 after buying an additional 29,303 shares during the period. Finally, Reaves W H & Co. Inc. boosted its position in OGE Energy by 7.5% in the 3rd quarter. Reaves W H & Co. Inc. now owns 1,335,747 shares of the utilities provider’s stock valued at $61,805,000 after buying an additional 93,462 shares during the period. Institutional investors and hedge funds own 71.84% of the company’s stock.

Key OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long?term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near?term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long?term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE’s growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an “equal weight” rating, signaling limited near?term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply?chain constraints and rising project costs that could delay capital projects or raise near?term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

OGE Energy Company Profile

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.