Consolidated Edison, Inc. (ED)
NYSE: ED · IEX Real-Time Price · USD
92.93
-1.18 (-1.25%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Consolidated Edison Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Consolidated Edison stock have an average target of 89.46, with a low estimate of 73 and a high estimate of 103. The average target predicts a decrease of -3.73% from the current stock price of 92.93.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ED stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 8 | 8 | 10 | 9 | 10 | 10 |
| Sell | 4 | 4 | 3 | 4 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 15 | 15 | 16 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Sell Maintains $91 → $85 | Sell | Maintains | $91 → $85 | -8.53% | Apr 22, 2024 |
| Barclays | Barclays | Hold Maintains $86 → $87 | Hold | Maintains | $86 → $87 | -6.38% | Mar 14, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $90 → $91 | Sell | Maintains | $90 → $91 | -2.08% | Feb 20, 2024 |
| UBS | UBS | Hold Maintains $99 → $94 | Hold | Maintains | $99 → $94 | +1.15% | Feb 16, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $94 → $93 | Hold | Maintains | $94 → $93 | +0.08% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
15.95B
from 14.66B
Increased by 8.78%
Revenue Next Year
16.58B
from 15.95B
Increased by 3.96%
EPS This Year
5.47
from 7.21
Decreased by -24.11%
EPS Next Year
5.77
from 5.47
Increased by 5.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.8B | 17.9B | 18.8B | 18.8B |
| Avg | 16.0B | 16.6B | 17.0B | 18.0B |
| Low | 14.6B | 15.1B | 14.8B | 16.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.6% | 12.3% | 13.5% | 10.3% |
| Avg | 8.8% | 4.0% | 2.7% | 5.8% |
| Low | -0.4% | -5.3% | -10.8% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.64 | 5.95 | 6.26 | 6.72 |
| Avg | 5.47 | 5.77 | 6.06 | 6.41 |
| Low | 5.15 | 5.34 | 5.66 | 6.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -21.8% | 8.8% | 8.5% | 10.9% |
| Avg | -24.1% | 5.4% | 5.1% | 5.7% |
| Low | -28.6% | -2.3% | -1.8% | -1.0% |
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.