Essential Utilities, Inc. (WTRG)

Essential Utilities Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Essential Utilities stock have an average target of 43, with a low estimate of 39 and a high estimate of 46. The average target predicts an increase of 27.98% from the current stock price of 33.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$39	$43	$45	$46
Change	+16.07%	+27.98%	+33.93%	+36.90%

Analyst Ratings

The average analyst rating for WTRG stock from 6 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	3	4	3	1	1	2
Buy	3	3	3	3	3	2
Hold	0	0	0	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	6	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregg Orrill UBS	UBS	Strong Buy Maintains $45 → $42	Strong Buy	Maintains	$45 → $42	+25.00%	Jan 14, 2025
Jonathan Reeder Wells Fargo	Wells Fargo	Buy → Hold Downgrades $43 → $39	Buy → Hold	Downgrades	$43 → $39	+16.07%	Jan 7, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy → Hold Downgrades $44 → $41	Strong Buy → Hold	Downgrades	$44 → $41	+22.02%	Nov 7, 2024
Ben Kallo Baird	Baird	Buy Maintains $45 → $46	Buy	Maintains	$45 → $46	+36.90%	Nov 6, 2024
Jonathan Reeder Wells Fargo	Wells Fargo	Buy Maintains $45 → $43	Buy	Maintains	$45 → $43	+27.98%	Nov 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.21B

Increased by 7.80%

from 2.05B

Revenue Next Year

2.40B

Increased by 8.54%

from 2.21B

EPS This Year

2.08

Increased by 11.84%

from 1.86

EPS Next Year

2.16

Increased by 3.77%

from 2.08

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	889.69M	1.46B	1.88B	2.29B	2.05B	2.21B	2.40B	2.54B
Revenue Growth	6.16%	64.40%	28.40%	21.82%	-10.24%	7.80%	8.54%	5.62%
EPS	1.04	1.12	1.67	1.77	1.86	2.08	2.16	2.27
EPS Growth	-3.63%	7.69%	49.11%	5.99%	5.08%	11.84%	3.77%	5.38%
Forward PE	-	-	-	-	-	16.15	15.57	14.77
No. Analysts	-	-	-	-	-	15	15	11

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	2.5B	2.6B	2.9B
Avg	2.2B	2.4B	2.5B
Low	2.0B	2.1B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	19.8%	18.6%	18.7%
Avg	7.8%	8.5%	5.6%
Low	-3.9%	-3.2%	-7.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	2.26	2.31	2.37
Avg	2.08	2.16	2.27
Low	1.86	2.03	2.14

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	21.4%	11.0%	9.9%
Avg	11.8%	3.8%	5.4%
Low	0.1%	-2.5%	-1.0%

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.