Consolidated Edison Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Consolidated Edison stock have an average target of 91.27, with a low estimate of 76 and a high estimate of 103. The average target predicts an increase of 2.59% from the current stock price of 88.97.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$76	$91.27	$93	$103
Change	-14.58%	+2.59%	+4.53%	+15.77%

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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	2	2	1	1	1
Buy	0	0	0	0	0	0
Hold	10	9	10	10	10	10
Sell	3	4	3	3	3	3
Strong Sell	1	1	1	1	1	0
Total	16	16	16	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Sell Maintains $80 → $76	Sell	Maintains	$80 → $76	-14.58%	Jun 24, 2024
David Arcaro Morgan Stanley	Morgan Stanley	Sell Maintains $73 → $80	Sell	Maintains	$73 → $80	-10.08%	May 28, 2024
Anthony Crowdell Mizuho	Mizuho	Hold Maintains $93 → $95	Hold	Maintains	$93 → $95	+6.78%	May 28, 2024
Nicholas Campanella Barclays	Barclays	Hold Maintains $89 → $97	Hold	Maintains	$89 → $97	+9.03%	May 7, 2024
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $93 → $97	Hold	Maintains	$93 → $97	+9.03%	May 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.68B

from 14.66B

6.94%

from 14.66B

Revenue Next Year

16.25B

from 15.68B

3.64%

from 15.68B

EPS This Year

5.48

from 7.21

-24.05%

from 7.21

EPS Next Year

5.78

from 5.48

5.59%

from 5.48

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	12.57B	12.25B	13.68B	15.67B	14.66B	15.68B	16.25B	16.82B	17.97B	18.75B
Revenue Growth	1.92%	-2.61%	11.68%	14.58%	-6.43%	6.94%	3.64%	3.50%	6.82%	4.33%
EPS	4.08	3.28	3.85	4.66	7.21	5.48	5.78	6.09	6.45	6.86
EPS Growth	-7.69%	-19.61%	17.38%	21.04%	54.72%	-24.05%	5.59%	5.29%	5.90%	6.35%
Forward PE	-	-	-	-	-	16.25	15.39	14.61	13.80	12.97
No. Analysts	-	-	-	-	-	20	19	18	11	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	16.6B	17.4B	18.1B	18.9B	19.3B
Avg	15.7B	16.3B	16.8B	18.0B	18.7B
Low	14.3B	14.6B	14.9B	16.5B	17.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.3%	10.7%	11.5%	12.5%	7.4%
Avg	6.9%	3.6%	3.5%	6.8%	4.3%
Low	-2.4%	-7.1%	-8.5%	-1.8%	-2.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.67	5.94	6.27	6.87	7.18
Avg	5.48	5.78	6.09	6.45	6.86
Low	5.10	5.47	5.75	6.06	6.40

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-21.4%	8.5%	8.4%	12.8%	11.4%
Avg	-24.0%	5.6%	5.3%	5.9%	6.3%
Low	-29.3%	-0.1%	-0.5%	-0.5%	-0.8%

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.