Stock Analysis | PG&E Outlook - A Weak Technical Picture Amid Mixed Analyst Sentiment

Market Snapshot

PG&E (PCG) is underperforming technically with bearish signals dominating and an internal diagnostic score of 2.48, suggesting it may be best to avoid for now, despite recent price gains.

News Highlights

• May 27, 2025 - "Stryker Tops List of West Michigan’s Largest Publicly Traded Companies" - Although PG&E wasn't the focus, the report highlights overall market performance. Stryker reported a 10.2% revenue increase, showing strength in certain sectors.
• May 21, 2025 - SEC Form S-3ASR filed by SouthState Corporation - While unrelated to PG&E, this filing indicates heightened regulatory activity in the financial sector, which could indirectly affect investor sentiment and capital flows across utilities and energy stocks.
• May 27, 2025 - "What Makes Independent Bank (IBCP) a New Buy Stock" - This Zacks upgrade highlights broader market optimism about smaller banks, which may not directly influence PG&E but reflects a broader trend in the financial sector.

Analyst Views & Fundamentals

Analyst sentiment for PG&E remains mixed. The simple average rating is 4.00, while the performance-weighted rating is 5.73. However, there is discrepancy among analysts, with one recent "Buy" rating from Barclays (historical win rate 80.0%) and a relatively low number of recent analyst actions.

The price has risen 3.82% in the recent period, aligning with the weighted expectations of market participants, which are optimistic. However, this doesn’t necessarily mean the fundamentals justify the rise.

• PE ratio: 12.84 (internal diagnostic score: 3.77)
• ROA: 0.40% (internal diagnostic score: 3.77)
• CFOA: 0.78% (internal diagnostic score: 3.77)
• EV/EBIT: 11.52 (internal diagnostic score: 3.77)
• Net cash flow from operating activities (YoY growth): 31.39% (internal diagnostic score: 3.77)
• Diluted earnings per share (YoY growth): -12.07% (internal diagnostic score: 3.77)

Money-Flow Trends

PG&E’s money-flow landscape is mixed. While retail investors (Small) show a positive trend, institutional and large-money flows are negative. The overall inflow ratio is 0.4985, with block flow at 0.4968, signaling caution among big players. Specifically:

• Small investors: 50.94% inflow
• Medium investors: 51.44% inflow
• Large investors: 51.12% inflow
• Extra-large investors: 49.33% inflow

Overall, the fund-flow score is 7.72 (good), indicating strong retail interest despite bearish technicals.

Key Technical Signals

PG&E’s technical indicators are strongly bearish. The internal diagnostic score is 2.48, with 3 out of 4 indicators being bearish and zero bullish. Here’s the breakdown:

• WR Overbought: internal diagnostic score 1.1 (biased bearish)
• Bearish Engulfing: internal diagnostic score 6.43 (bullish bias, but not repeated recently)
• MACD Death Cross: internal diagnostic score 1.31 (biased bearish)
• Marubozu White: internal diagnostic score 1.08 (biased bearish)

Recent chart patterns (August 15–29, 2025) show a bearish tone:

• Aug 22: MACD Death Cross
• Aug 15: Bearish Engulfing (bullish signal, but only once)
• Aug 26 & 29: Marubozu White
• Aug 19: WR Overbought

Key insights from the technical analysis: “Bearish signals are clearly dominant (3 bearish vs 0 bullish), and recent technical signals are scarce, indicating a weak and cautious market.”

Conclusion

PG&E is facing a weak technical outlook with bearish momentum indicators and a low internal diagnostic score of 2.48. While retail investors are showing some optimism and analysts remain cautiously positive, the fundamentals and chart patterns suggest caution.

Actionable takeaway: Consider avoiding PG&E at this time or watching for a clearer bottoming signal or a more favorable technical setup before entering a position.