Avangrid, Inc. (AGR)
NYSE: AGR · IEX Real-Time Price · USD
35.29
-0.15 (-0.42%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Avangrid Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Avangrid stock have an average target of 34.5, with a low estimate of 34 and a high estimate of 35. The average target predicts a decrease of -2.24% from the current stock price of 35.29.
Analyst Consensus: Sell
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for Avangrid stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 | 2 |
Sell | 1 | 1 | 1 | 1 | 1 | 0 |
Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
Total | 4 | 4 | 5 | 5 | 5 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Sell Downgrades n/a | Hold → Strong Sell | Downgrades | n/a | n/a | Mar 8, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | -0.82% | Feb 23, 2024 |
Mizuho | Mizuho | Hold Maintains $33 → $34 | Hold | Maintains | $33 → $34 | -3.66% | Jan 3, 2024 |
Keybanc | Keybanc | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jun 21, 2023 |
Mizuho | Mizuho | Hold Reiterates $39 | Hold | Reiterates | $39 | +10.51% | Jun 14, 2023 |
Financial Forecast
Revenue This Year
8.49B
from 8.31B
Increased by 2.19%
Revenue Next Year
8.94B
from 8.49B
Increased by 5.25%
EPS This Year
2.26
from 2.03
Increased by 11.20%
EPS Next Year
2.43
from 2.26
Increased by 7.49%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.9B | 9.3B | 9.5B | 10.2B | 10.1B |
Avg | 8.5B | 8.9B | 9.1B | 9.6B | 9.7B |
Low | 8.2B | 8.6B | 8.8B | 9.1B | 9.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.5% | 9.9% | 6.0% | 12.3% | 5.0% |
Avg | 2.2% | 5.3% | 2.0% | 5.5% | 1.0% |
Low | -1.1% | 1.7% | -1.0% | -0.1% | -2.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.36 | 2.60 | 2.76 | 2.89 | 2.90 |
Avg | 2.26 | 2.43 | 2.50 | 2.64 | 2.79 |
Low | 2.18 | 2.25 | 2.29 | 2.43 | 2.70 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 16.4% | 15.4% | 13.8% | 15.6% | 9.7% |
Avg | 11.2% | 7.5% | 2.9% | 5.7% | 5.5% |
Low | 7.2% | -0.1% | -5.5% | -2.7% | 2.4% |
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.