PG&E Signals Revaluation Amid Wildfire Risk Mitigation

Aklan Investment Research published a bullish Substack thesis on PG&E Corporation on February 7, 2026, noting PCG traded at $16.28 on February 5 with trailing/forward P/E of 13.64/10.02. It cites roughly 1,000 undergrounded miles completed by Q3 2025, sensor deployments, and up to 10 GW of potential data-center load over the next decade as catalysts ahead of the early‑2027 CPUC rate case decision. The firm argues these factors could enable earnings normalization and rerating.