Eversource Energy (ES)
NYSE: ES · IEX Real-Time Price · USD
56.52
-0.04 (-0.07%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Eversource Energy Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Eversource Energy stock have an average target of 64.67, with a low estimate of 54 and a high estimate of 73. The average target predicts an increase of 14.42% from the current stock price of 56.52.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ES stock from 15 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 | 1 | 2 | 2 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 11 | 11 | 9 | 9 | 9 | 10 |
| Sell | 0 | 0 | 0 | 0 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 12 | 14 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell → Hold Upgrades $61 | Sell → Hold | Upgrades | $61 | +7.93% | Jun 25, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $70 → $67 | Hold | Maintains | $70 → $67 | +18.54% | Jun 24, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $64 → $70 | Hold | Maintains | $64 → $70 | +23.85% | May 28, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $50 → $61 | Sell | Maintains | $50 → $61 | +7.93% | May 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $69 → $72 | Buy | Maintains | $69 → $72 | +27.39% | May 3, 2024 |
Financial Forecast
Revenue This Year
13.06B
from 11.91B
Increased by 9.62%
Revenue Next Year
13.56B
from 13.06B
Increased by 3.84%
EPS This Year
4.71
from -1.26
EPS Next Year
4.95
from 4.71
Increased by 5.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.4B | 15.9B | 16.2B | 16.7B | 17.1B |
| Avg | 13.1B | 13.6B | 14.0B | 14.8B | 15.1B |
| Low | 10.4B | 11.0B | 11.6B | 12.2B | 12.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.3% | 21.4% | 19.5% | 19.7% | 16.0% |
| Avg | 9.6% | 3.8% | 3.0% | 5.8% | 2.3% |
| Low | -12.5% | -16.0% | -14.3% | -12.6% | -13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.90 | 5.15 | 5.48 | 5.76 | 6.07 |
| Avg | 4.71 | 4.95 | 5.25 | 5.60 | 5.91 |
| Low | 4.32 | 4.60 | 4.86 | 5.24 | 5.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 9.3% | 10.7% | 9.8% | 8.4% |
| Avg | - | 5.2% | 6.0% | 6.6% | 5.6% |
| Low | - | -2.4% | -1.9% | -0.1% | -0.7% |
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.