Eversource Energy (ES)
NYSE: ES · IEX Real-Time Price · USD
60.52
-0.32 (-0.53%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Eversource Energy Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Eversource Energy stock have an average target of 64.57, with a low estimate of 54 and a high estimate of 73. The average target predicts an increase of 6.69% from the current stock price of 60.52.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 2 | 2 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 12 | 12 | 11 | 11 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 12 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $61 → $57 | Hold | Maintains | $61 → $57 | -5.82% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $73 | Strong Buy | Initiates | $73 | +20.62% | Apr 10, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $62 → $67 | Hold → Strong Buy | Upgrades | $62 → $67 | +10.71% | Apr 4, 2024 |
| UBS | UBS | Hold Maintains $62 | Hold | Maintains | $62 | +2.45% | Mar 26, 2024 |
| UBS | UBS | Hold Maintains $59 → $62 | Hold | Maintains | $59 → $62 | +2.45% | Feb 15, 2024 |
Financial Forecast
Revenue This Year
13.41B
from 11.91B
Increased by 12.59%
Revenue Next Year
13.81B
from 13.41B
Increased by 3.01%
EPS This Year
4.68
from -1.26
EPS Next Year
4.94
from 4.68
Increased by 5.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.0B | 15.5B | 16.4B | 16.3B |
| Avg | 13.4B | 13.8B | 14.2B | 15.3B |
| Low | 9.9B | 10.6B | 11.2B | 14.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.8% | 15.6% | 18.9% | 14.8% |
| Avg | 12.6% | 3.0% | 3.0% | 7.7% |
| Low | -16.6% | -20.8% | -18.7% | 0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.85 | 5.11 | 5.47 | 5.78 |
| Avg | 4.68 | 4.94 | 5.24 | 5.57 |
| Low | 4.28 | 4.57 | 4.81 | 5.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 9.3% | 10.8% | 10.3% |
| Avg | - | 5.6% | 6.0% | 6.4% |
| Low | - | -2.4% | -2.6% | -0.8% |
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.