Edison International (EIX)
NYSE: EIX · IEX Real-Time Price · USD
71.63
+0.44 (0.62%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Edison International Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for EIX stock have an average target of 76.64, with a low estimate of 61 and a high estimate of 86. The average target predicts an increase of 6.99% from the current stock price of 71.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EIX stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 5 | 5 | 5 | 6 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $64 → $61 | Sell | Maintains | $64 → $61 | -14.84% | Jun 24, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $78 → $82 | Strong Buy | Maintains | $78 → $82 | +14.48% | Jun 12, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $58 → $64 | Sell | Maintains | $58 → $64 | -10.65% | May 28, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $75 → $85 | Strong Buy | Maintains | $75 → $85 | +18.67% | May 17, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $72 → $86 | Hold → Buy | Upgrades | $72 → $86 | +20.06% | May 14, 2024 |
Financial Forecast
Revenue This Year
17.61B
from 16.34B
Increased by 7.81%
Revenue Next Year
18.29B
from 17.61B
Increased by 3.81%
EPS This Year
5.00
from 3.11
Increased by 60.68%
EPS Next Year
5.70
from 5.00
Increased by 14.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0B | 20.8B | 22.3B | 23.9B | 20.7B |
| Avg | 17.6B | 18.3B | 19.1B | 19.9B | 19.3B |
| Low | 15.3B | 15.5B | 16.2B | 16.9B | 17.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.6% | 18.0% | 22.0% | 25.3% | 4.3% |
| Avg | 7.8% | 3.8% | 4.2% | 4.3% | -3.0% |
| Low | -6.1% | -12.0% | -11.7% | -11.4% | -11.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.66 | 6.23 | 6.75 | 6.98 | 7.46 |
| Avg | 5.00 | 5.70 | 6.06 | 6.41 | 6.79 |
| Low | 4.72 | 5.30 | 5.74 | 5.87 | 6.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 82.0% | 24.6% | 18.4% | 15.2% | 16.3% |
| Avg | 60.7% | 14.1% | 6.3% | 5.8% | 6.0% |
| Low | 51.9% | 6.1% | 0.8% | -3.1% | -3.4% |
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.