FirstEnergy Corp. (NYSE: FE) Stock Analysis - December 2025

Company Overview

FirstEnergy Corp., headquartered in Akron, Ohio, is a prominent player in the regulated electric utilities sector. Established in 1996, the company engages in the generation, distribution, and transmission of electricity across the United States. Operating through its Distribution, Integrated, and Stand-Alone Transmission segments, FirstEnergy maintains a diverse portfolio of power generation facilities, which include coal-fired, nuclear, hydroelectric, wind, and solar plants. The company boasts an extensive infrastructure of 252,244 distribution line miles and 24,143 transmission line miles, providing essential electricity services to customers in states such as Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York.

As a leading entity in the regulated utilities sector, FirstEnergy's current total revenue stands at approximately $14.28 billion. This solid financial performance reflects a strong market position and underscores the consistent demand for electricity. With the positive regulatory framework governing the industry, analysts project a favorable outlook for the company, culminating in a buy recommendation for investors.

52-Week Price Performance Analysis

52-Week Price Performance Chart

FirstEnergy Corp.'s stock price currently stands at $44.29, nestled between its fifty-two-week high of $48.20 and low of $37.58. The 52-week stock price chart indicates an overall bullish trend. Observations reveal a steady upward trajectory from December through September, supported by a green trend line serving as a major support level throughout the year.

The fifty-day moving average registers at $46.2642, suggesting that the stock is presently trading below this average. Though this positioning may indicate a potential bearish trend, it also presents an attractive entry point for prospective buyers. Recent weeks have seen a correction from peak levels reached in December, signaling profit-taking or consolidation in the market.

Key Support and Resistance Levels

• Support Level: $38.00
• Resistance Level: $48.00

The stock has witnessed significant movements, with current trading at $44.26, which marks a 15.58% gain from the identified support level near $38. Notably, the stock has shown resilience despite the recent downturn, having experienced a breakout above previous highs in September, which propelled it towards new peaks in October and November.

Financial Performance and Metrics

FirstEnergy Corporation has reported robust financial performance for the third quarter of 2025. Key data points include:

• Total Revenue: Approximately $14.28 billion
• EBITDA: About $4.54 billion
• GAAP Earnings per Share (EPS): $0.76
• Core Earnings per Share (EPS): $0.83, marking a 9% increase compared to the same period in 2024.

In terms of profitability, FirstEnergy narrowed its full-year 2025 Core Earnings guidance to between $2.50 and $2.56 per share, signaling confidence in its financial outlook. Furthermore, the Board of Directors declared a quarterly dividend of $0.445 per share, culminating in an annual rate of $1.78 for 2025, up from $1.70 in 2024.

Valuation Metrics

• Shares Outstanding: 577,665,555
• Short Interest: 26,297,871 shares (approximately 6.07% of float shares)
• Mean Analyst Price Target: $50.00
• High Target: $54.00
• Low Target: $47.00

The valuation metrics indicate a strong financial position supported by a healthy revenue stream, which delivers a solid foundation upon which to evaluate its growth potential.

Recent News and Developments

Recent developments have been instrumental in shaping FirstEnergy's market outlook:

• Third-Quarter Earnings: The company reported impressive third-quarter earnings, reflecting strong operational performance and a bullish outlook for the remainder of the year.

• Capital Investment Program: FirstEnergy has increased its 2025 capital investment program by 10%, now totaling $5.5 billion to enhance grid reliability and resiliency.

• Dividend Declaration: The announcement of a quarterly dividend underscores the company's commitment to shareholder value.

In light of the above announcements, FirstEnergy's market standing remains fortified as it continues to navigate regulatory environments effectively.

Market Sentiment and Analyst Recommendations

Analyst sentiment regarding FirstEnergy has been varied:

• Jefferies has raised its price target to $47 from $45, maintaining a Hold rating.
• Mizuho increased its price target to $50 from $45, retaining a Neutral rating.
• KeyBanc downgraded the stock to Sector Weight, expressing concerns over potential rate case filings in Ohio and heightened risks in New Jersey.

Despite mixed sentiments, the consensus suggests a predominantly bullish outlook:

• Mean Recommendation Score: 2.3125 (on a scale of 1-5, where 1 is a strong buy and 5 is a sell).
• 52-week Performance: The stock has delivered a 21.83% year-to-date return, reflecting strong investor confidence in FirstEnergy's operational performance.

Conclusion

In summary, FirstEnergy Corp. presents a compelling investment opportunity within the regulated electric utilities sector. With strong financial metrics, a positive earnings outlook, and an attractive dividend policy in place, investors stand to gain from potential price appreciation as the stock navigates market volatility.

However, investors should remain wary of potential risks tied to regulatory changes and market corrections. As FirstEnergy continues to demonstrate resilience, carefully monitoring its performance and broader market conditions will be crucial for prospective and current shareholders alike.

With a current price of $44.29 and a target mean price of $50.00, FirstEnergy's stock boasts appealing upside potential -- making it a stock worth considering for retail investors in the current financial climate.