12 Best Affordable Stocks Under $40 to Buy

Page 8 of 11

​4. PG&E Corporation (NYSE:PCG)

Number of Hedge Fund Holders: 79

​PG&E Corporation (NYSE:PCG) is among the Best Affordable Stocks Under $40 to Buy. PG&E Corporation (NYSE:PCG) has gained more than 5% since its fiscal Q4 2025 earnings, released on February 12. Wall Street maintains a positive outlook, with analysts’ 12-month price target reflecting more than 15% upside from the current levels.

​Recently, on February 13, Wells Fargo reiterated a Buy rating on the stock with a $24 price target. On the same day, Ryan Levine from Citi also maintained a Buy rating on the stock with a $21 price target.

​The company delivered $6.80 billion in revenue during the quarter, reflecting 2.61% year-over-year growth. Despite the growth, revenue fell short of expectations by $248.51 million. The EPS of $0.36 remained in line with expectations. Management noted that during fiscal 2025, the company delivered $1.50 core earnings per share, up 10% since 2024, marking the fourth consecutive year of double-digit growth.

​Notably, management also raised the lower end of 2026 guidance by $0.02, bringing it to a range of $1.64 to $1.66. This reflects another 10% growth at the midpoint.

PG&E Corporation (NYSE:PCG), through its subsidiary, Pacific Gas and Electric Company, sells and delivers electricity and natural gas to customers in northern and central California in the US.​

Page 8 of 11