National Grid Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, National Grid stock has a consensus rating of "Buy" and an average price target of 1,331p. The average 1-year stock price forecast is 11.67% higher than the current stock price, while the lowest is 1,060p (-11.07%) and the highest is 1,500p (+25.84%).

Price Target: 1,331p (+11.67%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	1,060p	1,331p	1,310p	1,500p
Change	-11.07%	+11.67%	+9.90%	+25.84%

Analyst Ratings

The average analyst rating for National Grid stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	5	3	3	3	4	4
Buy	4	4	4	4	4	4
Hold	5	6	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	1
Total	16	15	15	15	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Pavan Mahbubani J.P. Morgan	J.P. Morgan	Buy Maintains 1,440p → 1,310p	Buy	Maintains	1,440p → 1,310p	+9.90%	Oct 12, 2026
Ajay Patel Goldman Sachs	Goldman Sachs	Hold Maintains 1,377p → 1,294p	Hold	Maintains	1,377p → 1,294p	+8.56%	Oct 6, 2026
Peter Crampton Barclays	Barclays	Buy Reiterates 1,500p	Buy	Reiterates	1,500p	+25.84%	Oct 6, 2026
Alexander Wheeler RBC Capital	RBC Capital	Hold Maintains 1,375p	Hold	Maintains	1,375p	+15.35%	Oct 5, 2026
Ahmed Farman Jefferies	Jefferies	Hold Maintains 1,300p	Hold	Maintains	1,300p	+9.06%	Oct 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

19.42B

from 17.69B

9.82%

from 17.69B

Revenue Next Year

21.17B

from 19.42B

9.01%

from 19.42B

EPS This Year

0.91

from 0.78

16.03%

from 0.78

EPS Next Year

0.98

from 0.91

8.02%

from 0.91

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	18.45B	21.66B	19.85B	18.38B	17.69B	19.42B
Revenue Growth	35.01%	17.40%	-8.35%	-7.42%	-3.76%	9.82%
Net Income	2.35B	7.80B	2.29B	2.90B	3.24B	4.37B
EPS	-	-	-	-	0.78	0.91
EPS Growth	-	-	-	-	40.79%	16.03%
Forward PE	17.62	15.06	14.72	13.84	14.76	13.17
Dividend / Share	0.51	0.55	0.59	0.47	0.48	0.50
Dividend Growth	3.68%	8.77%	5.56%	-20.16%	3.79%	2.54%
Free Cash Flow	-	-	-	-	-2.16B	-4.97B
FFO	-	-	-	-	-	7.13B
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	21.1B
Avg	19.4B
Low	16.4B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	19.1%
Avg	9.8%
Low	-7.3%

EPS Forecast

Chart

EPS	2027	2028	2029
High	0.92
Avg	0.91
Low	0.90

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	17.5%
Avg	16.0%
Low	15.0%