Consolidated Edison, Inc. (ED)
NYSE: ED · Real-Time Price · USD
89.67
-0.36 (-0.40%)
Dec 23, 2024, 4:00 PM EST - Market closed
Consolidated Edison Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Consolidated Edison stock have an average target of 97.73, with a low estimate of 85 and a high estimate of 116. The average target predicts an increase of 8.99% from the current stock price of 89.67.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ED stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 9 | 9 | 10 | 10 | 11 |
| Sell | 4 | 4 | 4 | 4 | 4 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell → Hold Upgrades $90 → $100 | Sell → Hold | Upgrades | $90 → $100 | +11.52% | Dec 12, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $88 → $85 | Sell | Maintains | $88 → $85 | -5.21% | Nov 22, 2024 |
| Barclays | Barclays | Sell Maintains $104 → $99 | Sell | Maintains | $104 → $99 | +10.40% | Nov 8, 2024 |
| Barclays | Barclays | Sell Maintains $98 → $104 | Sell | Maintains | $98 → $104 | +15.98% | Oct 21, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $103 → $116 | Hold → Strong Buy | Upgrades | $103 → $116 | +29.36% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
15.72B
from 14.66B
Increased by 7.23%
Revenue Next Year
16.32B
from 15.72B
Increased by 3.78%
EPS This Year
5.51
from 7.21
Decreased by -23.62%
EPS Next Year
5.80
from 5.51
Increased by 5.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6B | 17.3B | 18.0B | ||
| Avg | 15.7B | 16.3B | 16.9B | ||
| Low | 14.3B | 14.6B | 14.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.3% | 10.0% | 10.5% | ||
| Avg | 7.2% | 3.8% | 3.6% | ||
| Low | -2.6% | -7.3% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.65 | 6.03 | 6.43 | ||
| Avg | 5.51 | 5.80 | 6.13 | ||
| Low | 5.20 | 5.48 | 5.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -21.7% | 9.4% | 11.0% | ||
| Avg | -23.6% | 5.2% | 5.7% | ||
| Low | -27.8% | -0.6% | -0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.