Public Service Enterprise Group (PSEG) has significantly raised its capital expenditure plans to nearly $28 billion over five years, surpassing previous forecasts. This announcement follows a robust financial performance in 2025, during which PSEG reported a net income of $2.111 billion, outperforming expectations with an 11.9% earnings surprise. Despite these positive outcomes, PSEG holds a Zacks Rank of #4, signaling a 'Sell' amidst continued market challenges, as the company prepares to share its fourth-quarter results on February 26.