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 1,369p. The average 1-year stock price forecast is 15.24% higher than the current stock price, while the lowest is 1,060p (-10.77%) and the highest is 1,525p (+28.37%).

Price Target: 1,369p (+15.24%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	1,060p	1,369p	1,405p	1,525p
Change	-10.77%	+15.24%	+18.27%	+28.37%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	7	7	5	5	5	5
Buy	4	4	4	4	4	4
Hold	4	4	5	5	5	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	1	1	1	1
Total	16	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Brand Deutsche Bank	Deutsche Bank	Hold Downgrades 1,370p → 1,250p	Hold	Downgrades	1,370p → 1,250p	+5.22%	Jun 9, 2026
Mark Freshney UBS	UBS	Sell Maintains 1,150p	Sell	Maintains	1,150p	-3.20%	Jun 4, 2026
Alexander Wheeler RBC Capital	RBC Capital	Hold Maintains 1,375p	Hold	Maintains	1,375p	+15.74%	May 29, 2026
Sarah Lester Morgan Stanley	Morgan Stanley	Buy Maintains 1,480p → 1,475p	Buy	Maintains	1,480p → 1,475p	+24.16%	May 29, 2026
Ajay Patel Goldman Sachs	Goldman Sachs	Hold Maintains 1,386p → 1,377p	Hold	Maintains	1,386p → 1,377p	+15.91%	May 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

20.00B

from 17.69B

13.10%

from 17.69B

Revenue Next Year

21.44B

from 20.00B

7.18%

from 20.00B

EPS This Year

0.89

from 0.78

13.83%

from 0.78

EPS Next Year

0.97

from 0.89

9.41%

from 0.89

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	20.00B
Revenue Growth	35.01%	17.40%	-8.35%	-7.42%	-3.76%	13.10%
Net Income	2.35B	7.80B	2.29B	2.90B	3.24B	4.47B
EPS	-	-	-	-	0.78	0.89
EPS Growth	-	-	-	-	40.79%	13.83%
Forward PE	17.62	15.06	14.72	13.84	14.76	13.38
Dividend / Share	0.51	0.55	0.59	0.47	0.48	0.50
Dividend Growth	-	8.77%	5.56%	-20.16%	3.79%	2.15%
Free Cash Flow	-1.95B	-1.32B	-2.45B	-6.91B	-3.13B	-4.16B
FFO	-	-	-	-	-	7.13B
No. Analysts	-	-	-	-	-	10

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

Revenue Forecast

Revenue	2027	2028	2029
High	22.9B
Avg	20.0B
Low	18.8B

Revenue Growth

Revenue Growth	2027	2028	2029
High	29.4%
Avg	13.1%
Low	6.6%

EPS Forecast

EPS	2027	2028	2029
High	0.91
Avg	0.89
Low	0.78

EPS Growth

EPS Growth	2027	2028	2029
High	16.9%
Avg	13.8%
Low	0.1%