Eversource Energy (ES)

Eversource Energy Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Eversource Energy stock have an average target of 66.93, with a low estimate of 52 and a high estimate of 79. The average target predicts an increase of 17.52% from the current stock price of 56.95.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$66.93	$72	$79
Change	-8.69%	+17.52%	+26.43%	+38.72%

Analyst Ratings

The average analyst rating for ES stock from 14 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	4	4	4	3	3	3
Buy	1	1	1	2	2	2
Hold	10	10	10	10	10	7
Sell	0	0	0	0	0	2
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Weisel Scotiabank	Scotiabank	Hold → Sell Downgrades $66 → $56	Hold → Sell	Downgrades	$66 → $56	-1.67%	Dec 12, 2024
Paul Zimbardo Jefferies	Jefferies	Sell Initiates $52	Sell	Initiates	$52	-8.69%	Dec 3, 2024
Eric Beaumont Barclays	Barclays	Hold Maintains $69 → $72	Hold	Maintains	$69 → $72	+26.43%	Oct 15, 2024
James Thalacker BMO Capital	BMO Capital	Hold Maintains $74 → $72	Hold	Maintains	$74 → $72	+26.43%	Oct 15, 2024
James Thalacker BMO Capital	BMO Capital	Hold Maintains $70 → $74	Hold	Maintains	$70 → $74	+29.94%	Oct 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.80B

Increased by 7.50%

from 11.91B

Revenue Next Year

13.34B

Increased by 4.22%

from 12.80B

EPS This Year

4.69

from -1.27

EPS Next Year

4.93

Increased by 5.03%

from 4.69

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.53B	8.90B	9.86B	12.29B	11.91B	12.80B	13.34B	13.72B
Revenue Growth	0.93%	4.43%	10.77%	24.60%	-3.08%	7.50%	4.22%	2.85%
EPS	2.81	3.55	3.54	4.05	-1.27	4.69	4.93	5.23
EPS Growth	-13.54%	26.33%	-0.28%	14.41%	-	-	5.03%	6.21%
Forward PE	-	-	-	-	-	12.14	11.56	10.88
No. Analysts	-	-	-	-	-	25	24	22

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	15.4B	15.9B	16.2B
Avg	12.8B	13.3B	13.7B
Low	10.8B	11.6B	11.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	29.4%	23.9%	21.7%
Avg	7.5%	4.2%	2.8%
Low	-9.5%	-9.6%	-12.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.80	5.09	5.43
Avg	4.69	4.93	5.23
Low	4.41	4.62	4.83

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	8.6%	10.3%
Avg	-	5.0%	6.2%
Low	-	-1.6%	-1.9%

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.