NYSE: OGE · Regulated Electric
OGE Energy (OGE) fair value: undervalued or overvalued?
As of 4 Nov 2026, Faircurve's model values OGE Energy (OGE) at $54.96 a share. The stock last closed at $49.11, which puts the model's fair value 11.9% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 3 Nov 2026. OGE Energy Corp.
The report adds the live price, the price chart, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 4 Nov 2026 held the fair value at $54.96, within 1% of the run of 31 Oct 2026.
What the model makes of itThe price of $49.11 is 11.9% below it: Fairly valued, on a high evidence grade.
What's nextNext report on 17 Feb 2027. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give OGE?
The calibrated range for OGE over 63 trading days is $44.52 to $65.65. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 10,454 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $42.14 to $69.02. In 64% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 4 Nov 2026
OGE Energy Corp., along with its various subsidiaries, operates as a comprehensive energy and utility provider.
Faircurve's model put the fair value at $54.96 a share on 4 Nov 2026, the midpoint of 2,000 simulations. The previous run, on 31 Oct 2026, gave $55.43, so the fair value moved -0.8%. The calibrated range over 63 trading days is $44.52 to $65.65, built from the fair value as there is no live options data for the stock. Ranges built this way held the price 60% of the time at this horizon. The model grades the evidence High, based on the completeness of the inputs, the number and agreement of comparable companies, and the width of the range of outcomes. The grade does not say whether the fair value is right.
The model's overall quality score for OGE is 73 out of 100, a composite of six factors scored against comparable companies. Stability scores 90, with five-year EBITDA margin downside volatility of 1.3 pts against a peer median of 2.2 pts. Profitability scores 80, with ROIC of 6.7% against a peer median of 5.5%. Balance sheet scores 78, with net debt to EBITDA of 3.87x against a peer median of 5.39x. The comparable companies are IDACORP, Inc. (IDA), Pinnacle West Capital Corporation (PNW), Alliant Energy Corporation (LNT), Evergy, Inc. (EVRG), Portland General Electric Company (POR), Northwestern Energy Group Inc (NWE), CMS Energy Corporation (CMS) and Edison International (EIX).
Written from the figures on this page for the 4 Nov 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does OGE report earnings, and how has the stock reacted?
OGE Energy's next earnings report is scheduled for 17 Feb 2027. Companies can move their dates.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across OGE's last 8 reports, ignoring direction, was 1.3%.
How does OGE score on business quality?
OGE Energy's overall quality score is 73 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 80 | 6.7%ROIC | 5.5% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 68 | 0.70xFCF / net income | -1.10x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 59 | 9.2%Revenue growth, trailing | 7.6% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 68 | 0.0%Net buybacks / market value | 0.0% |
| Balance sheetNet debt to EBITDA and interest coverage. | 78 | 3.87xNet debt / EBITDA | 5.39x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 90 | 1.3 ptsEBITDA margin downside volatility, 5y | 2.2 pts |
How does OGE compare with similar companies?
The companies in regulated electric closest to OGE Energy in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| IDA IDACORP, Inc. | $145.12 | $131.61 | -9.3% | Fairly valued |
| PNW Pinnacle West Capital Corporation | $107.74 | $111.18 | +3.2% | Fairly valued |
| LNT Alliant Energy Corporation | $72.12 | $61.89 | -14.2% | Fairly valued |
| EVRG Evergy, Inc. | $85.45 | $80.44 | -5.9% | Fairly valued |
| POR Portland General Electric Company | $45.06 | $61.04 | +35.5% | Undervalued |
| NWE Northwestern Energy Group Inc | $79.95 | $74.06 | -7.4% | Fairly valued |
| CMS CMS Energy Corporation | $70.00 | $64.16 | -8.3% | Fairly valued |
| EIX Edison International | $59.62 | $75.68 | +26.9% | Low evidence grade |
What the comparable companies' multiples alone would give for OGE, the peer-implied price, is $63.31 a share on this run. The fair value weighs that against the company's own multiple.
OGE Energy at a glance
OGE Energy Corp., along with its various subsidiaries, operates as a comprehensive energy and utility provider.
- Market value
- $10.2B
- Sector
- Utilities
- Industry
- Regulated Electric
- Revenue expected, next twelve months
- $3.6B
- Consensus revenue growth, next fiscal year
- +4.5%
- Analysts with estimates
- 10
- Beta to the US market
- -0.17
- First valued by Faircurve
- 11 Jul 2026
At the close of 3 Nov 2026, 52.1% of the 1,081 graded US stocks the model covers traded below the model's fair value. OGE was among them.
How the fair value is worked out: the model prices OGE Energy on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 31 Oct 2026 the model's fair value for OGE was $55.43. As of 4 Nov 2026 it is $54.96, a change of -0.8%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about OGE Energy's valuation
Is OGE Energy stock undervalued or overvalued?
On Faircurve's model, OGE reads as Fairly valued as of 4 Nov 2026. The model's fair value is $54.96 a share against a last close of $49.11, a gap of +11.9%.
What is OGE's fair value?
$54.96 a share as of 4 Nov 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $42.14 to $69.02.
What price range does the model give OGE?
$44.52 to $65.65 over 63 trading days. Ranges built this way held the price 60% of the time across 10,454 past valuations, refreshed 31 Oct 2026.
When does OGE Energy report earnings next?
The next report is scheduled for 17 Feb 2027. Companies can move their dates.
How much has OGE moved on past earnings reports?
Across its last 8 reports the median two session move was 1.3%, ignoring direction. The largest was -4.1% around the report of 29 Jul 2026.
How confident is the model in this valuation?
The model's evidence grade for OGE is high. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on OGE
The model holds no idea open on OGE today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on OGE with their outcomes. A free account is enough.