PG&E is trading 4.3% up at $18.34 as investors lean into utilities exposed to rising AI-driven electricity demand while digesting the company's recent earnings update.
- The company reaffirmed its 2026 EPS guidance and maintained an annual growth target of at least 9% through 2030.
- The utilities sector is broadly higher on strong power demand and infrastructure investment themes, providing a tailwind for the stock.
- PG&E is showing strength despite mixed broader markets, supported by positive sentiment surrounding its long-term financial outlook.