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Eversource Energy (ES) Stock Forecast & Price Prediction

Live ES Stock Price & Analysis

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$60.49

+1.07 (1.80%)

12 Month Price Forecast For ES

$60.49
Current Price
$21.93B
Market Cap
20 Ratings
Buy 11
Hold 7
Sell 2
Wall St Analyst Ratings

Distance to ES Price Forecasts

+43.8%
To High Target of $87.00
+17.4%
To Median Target of $71.00
-22.3%
To Low Target of $47.00

ES Price Momentum

+4.2%
1 Week Change
+8.7%
1 Month Change
+10.0%
1 Year Change
+5.3%
Year-to-Date Change
-12.3%
From 52W High of $69.01
+12.5%
From 52W Low of $53.76

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 7:07 AM UTC

ES Analyst Ratings & Price Targets

Based on our analysis of 23 Wall Street analysts, ES has a bullish consensus with a median price target of $71.00 (ranging from $47.00 to $87.00). The overall analyst rating is Buy (7.7/10). Currently trading at $60.49, the median forecast implies a 17.4% upside. This outlook is supported by 11 Buy, 7 Hold, and 2 Sell ratings.

The most optimistic forecast comes from David Arcaro at Morgan Stanley, projecting a 43.8% upside. Conversely, the most conservative target is provided by Paul Zimbardo at Jefferies, suggesting a 22.3% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ES Analyst Consensus

11
Buy
7
Hold
2
Sell

ES Price Target Range

Low
$47.00
Average
$71.00
High
$87.00
Current: $60.49

Latest ES Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ES.

Date Firm Analyst Rating Change Price Target
Feb 10, 2025 Guggenheim Shahriar Pourreza Buy Reiterates $0.00
Jan 28, 2025 Jefferies Paul Zimbardo Underperform Maintains $47.00
Jan 22, 2025 Barclays Eric Beaumont Equal-Weight Maintains $69.00
Dec 12, 2024 Scotiabank Andrew Weisel Sector Underperform Downgrade $56.00
Dec 3, 2024 Jefferies Paul Zimbardo Underperform Initiates $52.00
Oct 15, 2024 Barclays Eric Beaumont Equal-Weight Maintains $72.00
Oct 15, 2024 BMO Capital James Thalacker Market Perform Maintains $72.00
Oct 3, 2024 BMO Capital James Thalacker Market Perform Maintains $74.00
Oct 2, 2024 Mizuho Paul Fremont Outperform Maintains $73.00
Aug 29, 2024 B of A Securities Julien Dumoulin-Smith Neutral Maintains $68.00
Aug 23, 2024 Morgan Stanley Stephen Byrd Equal-Weight Maintains $75.00
Aug 20, 2024 Scotiabank Andrew Weisel Sector Perform Maintains $66.00
Aug 19, 2024 BMO Capital James Thalacker Market Perform Maintains $70.00
Aug 5, 2024 BMO Capital James Thalacker Market Perform Maintains $73.00
Aug 2, 2024 Wells Fargo Neil Kalton Overweight Maintains $79.00
Jul 22, 2024 Barclays Eric Beaumont Equal-Weight Maintains $69.00
Jun 25, 2024 B of A Securities Julien Dumoulin-Smith Neutral Upgrade $61.00
Jun 24, 2024 Morgan Stanley Stephen Byrd Equal-Weight Maintains $67.00
May 28, 2024 Morgan Stanley Stephen Byrd Equal-Weight Maintains $70.00
May 15, 2024 B of A Securities Julien Dumoulin-Smith Underperform Maintains $61.00

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The following stocks are similar to Eversource based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Eversource Energy (ES) Financial Data

Eversource Energy has a market capitalization of $21.93B with a P/E ratio of 16.3x. The company generates $11.62B in trailing twelve-month revenue with a -4.7% profit margin.

Revenue growth is +9.7% quarter-over-quarter, while maintaining an operating margin of +21.0% and return on equity of -3.5%.

Valuation Metrics

Market Cap $21.93B
Enterprise Value $50.37B
P/E Ratio 16.3x
PEG Ratio 12.5x
Price/Sales 1.9x

Growth & Margins

Revenue Growth (YoY) +9.7%
Gross Margin +53.4%
Operating Margin +21.0%
Net Margin -4.7%
EPS Growth +9.7%

Financial Health

Cash/Price Ratio +0.4%
Current Ratio 0.9x
Debt/Equity 187.8x
ROE -3.5%
ROA +3.0%

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Eversource Energy (ES) Company Overview

About Eversource Energy

What They Do

Public utility company providing energy and water services.

Business Model

Eversource Energy operates as a utility holding company, generating revenue through the regulated transmission and distribution of electricity, natural gas, and water. It serves a diverse customer base, including residential, commercial, and industrial clients across Connecticut, Massachusetts, and New Hampshire.

Additional Information

Founded in 1927 and headquartered in Springfield, Massachusetts, Eversource Energy was previously known as Northeast Utilities before rebranding in 2015. The company also invests in solar power facilities, enhancing its renewable energy portfolio.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Electric

Employees

10,000

CEO

Mr. Joseph R. Nolan Jr.

Country

United States

IPO Year

1984

Eversource Energy (ES) Latest News & Analysis

ES stock latest news image
Quick Summary

ES anticipates improved fourth-quarter 2024 results due to the completed sale of the South Fork and Revolution Wind projects and heightened investments.

Why It Matters

The closed sale of key wind projects and increased investments signal potential revenue growth and improved financial health for ES, positively impacting stock performance and investor confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
ES stock latest news image
Quick Summary

Eversource (ES) is not expected to achieve an earnings beat in its upcoming report due to lacking key factors. Investors should be aware of this outlook.

Why It Matters

Eversource's lack of favorable conditions for an earnings beat may signal underperformance, potentially impacting stock prices and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Neutral
ES stock latest news image
Quick Summary

ES's board has announced a 5.2% increase in dividends, indicating a commitment to enhancing shareholder value.

Why It Matters

A 5.2% dividend increase signals strong financial health and commitment to returning value, potentially attracting more investors and boosting stock prices.

Source: Zacks Investment Research
Market Sentiment: Positive
ES stock latest news image
Quick Summary

Eversource Energy (NYSE:ES) has been recognized as the top performer on the JUST 100 list for corporate responsibility, marking its sixth consecutive appearance in the rankings.

Why It Matters

Eversource Energy's recognition as a top corporate responsibility leader enhances its brand reputation, potentially attracting investors focused on sustainable and ethical practices.

Source: Business Wire
Market Sentiment: Neutral
ES stock latest news image
Quick Summary

Eversource Energy will sell its public water supply unit for $2.4 billion to reduce debt and concentrate on its electric and natural gas operations.

Why It Matters

Eversource's $2.4 billion sale of its water unit signals a strategic shift to reduce debt and concentrate on core operations, potentially enhancing financial stability and investor confidence.

Source: Reuters
Market Sentiment: Positive
ES stock latest news image
Quick Summary

Eversource Energy's Board approved a quarterly dividend of $0.7525 per share, payable March 31, 2025, to shareholders of record by March 4, 2025. The company ranked #1 U.S. utility on TIME's 2024 list.

Why It Matters

Eversource Energy's dividend approval signals financial stability and shareholder returns, while its recognition enhances reputation, potentially attracting more investors and boosting stock value.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About ES Stock

What is Eversource Energy's (ES) stock forecast for 2025?

Based on our analysis of 23 Wall Street analysts, Eversource Energy (ES) has a median price target of $71.00. The highest price target is $87.00 and the lowest is $47.00.

Is ES stock a good investment in 2025?

According to current analyst ratings, ES has 11 Buy ratings, 7 Hold ratings, and 2 Sell ratings. The stock is currently trading at $60.49. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for ES stock?

Wall Street analysts predict ES stock could reach $71.00 in the next 12 months. This represents a 17.4% increase from the current price of $60.49. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Eversource Energy's business model?

Eversource Energy operates as a utility holding company, generating revenue through the regulated transmission and distribution of electricity, natural gas, and water. It serves a diverse customer base, including residential, commercial, and industrial clients across Connecticut, Massachusetts, and New Hampshire.

What is the highest forecasted price for ES Eversource Energy?

The highest price target for ES is $87.00 from David Arcaro at Morgan Stanley, which represents a 43.8% increase from the current price of $60.49.

What is the lowest forecasted price for ES Eversource Energy?

The lowest price target for ES is $47.00 from Paul Zimbardo at Jefferies, which represents a -22.3% decrease from the current price of $60.49.

What is the overall ES consensus from analysts for Eversource Energy?

The overall analyst consensus for ES is bullish. Out of 23 Wall Street analysts, 11 rate it as Buy, 7 as Hold, and 2 as Sell, with a median price target of $71.00.

How accurate are ES stock price projections?

Stock price projections, including those for Eversource Energy, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.