Edison International (EIX)
NYSE: EIX · IEX Real-Time Price · USD
69.93
+1.80 (2.64%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Edison International Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for EIX stock have an average target of 72.7, with a low estimate of 53 and a high estimate of 84. The average target predicts an increase of 3.96% from the current stock price of 69.93.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EIX stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 6 | 6 | 5 | 5 | 5 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $78 | Hold | Initiates | $78 | +11.54% | Apr 10, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $81 → $80 | Buy | Maintains | $81 → $80 | +14.40% | Mar 7, 2024 |
| Barclays | Barclays | Hold Maintains $69 → $70 | Hold | Maintains | $69 → $70 | +0.10% | Feb 26, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $76 → $75 | Strong Buy | Maintains | $76 → $75 | +7.25% | Jan 25, 2024 |
| Guggenheim | Guggenheim | Hold → Strong Buy Upgrades $66 → $84 | Hold → Strong Buy | Upgrades | $66 → $84 | +20.12% | Jan 22, 2024 |
Financial Forecast
Revenue This Year
17.72B
from 16.34B
Increased by 8.43%
Revenue Next Year
18.48B
from 17.72B
Increased by 4.31%
EPS This Year
4.98
from 3.11
Increased by 60.26%
EPS Next Year
5.64
from 4.98
Increased by 13.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0B | 20.6B | 21.3B | 21.6B | 21.1B |
| Avg | 17.7B | 18.5B | 19.3B | 20.1B | 20.3B |
| Low | 16.1B | 16.9B | 17.5B | 19.0B | 19.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5% | 16.3% | 15.3% | 12.1% | 4.7% |
| Avg | 8.4% | 4.3% | 4.3% | 4.4% | 0.7% |
| Low | -1.4% | -4.8% | -5.4% | -1.3% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.44 | 6.00 | 6.41 | 7.08 | 7.14 |
| Avg | 4.98 | 5.64 | 6.02 | 6.39 | 6.87 |
| Low | 4.72 | 5.25 | 5.74 | 5.91 | 6.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.9% | 20.3% | 13.5% | 17.5% | 11.8% |
| Avg | 60.3% | 13.2% | 6.7% | 6.1% | 7.5% |
| Low | 51.9% | 5.4% | 1.8% | -1.9% | 4.3% |
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.