National Grid plc (NGG)

National Grid Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, National Grid stock has a consensus rating of "Buy" and an average price target of $92.17. The average 1-year stock price forecast is 12.59% higher than the current stock price, while the lowest is $71 (-13.27%) and the highest is $101.69 (+24.22%).

Price Target: $92.17 (+12.59%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$71	$92.17	$98	$101.69
Change	-13.27%	+12.59%	+19.72%	+24.22%

* Price targets were last updated on Dec 12, 2025.

Analyst Ratings

The average analyst rating for National Grid stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	0	1	1	2	2	2
Hold	1	1	0	0	0	0
Sell	1	1	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sarah Lester Morgan Stanley	Morgan Stanley	Buy Initiates $86	Buy	Initiates	$86	+4.45%	Dec 12, 2025

Financial Forecast

Revenue This Year

20.26B

Increased by 14.57%

from 17.69B

Revenue Next Year

21.40B

Increased by 5.61%

from 20.26B

EPS This Year

0.89

Increased by 13.75%

from 0.78

EPS Next Year

0.97

Increased by 8.99%

from 0.89

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	18.45B	21.66B	19.85B	18.38B	17.69B	20.26B
Revenue Growth	35.01%	17.40%	-8.35%	-7.42%	-3.76%	14.57%
Net Income	2.35B	7.80B	2.29B	2.90B	3.24B	4.47B
EPS	-	-	-	-	0.78	0.89
EPS Growth	-	-	-	-	40.79%	13.75%
Forward PE	-	-	-	-	-	69.16
Dividend / Share	0.51	0.55	0.59	0.47	0.48	0.50
Dividend Growth	-	8.77%	5.56%	-20.16%	3.79%	2.34%
Free Cash Flow	-1.95B	-1.32B	-2.41B	-6.91B	-3.24B	-3.97B
FFO	-	-	-	-	-	7.13B
No. Analysts	-	-	-	-	-	9

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue	2027	2028	2029
High	22.9B
Avg	20.3B
Low	19.1B

Revenue Growth

Revenue Growth	2027	2028	2029
High	29.4%
Avg	14.6%
Low	7.8%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	0.89
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	13.7%
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Dec 12, 2025

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

May 31, 2026

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