Eversource Energy (ES)
NYSE: ES · IEX Real-Time Price · USD
59.23
+1.66 (2.88%)
May 31, 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 64.87, with a low estimate of 54 and a high estimate of 73. The average target predicts an increase of 9.52% from the current stock price of 59.23.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 2 | 2 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 12 | 11 | 11 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 12 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $64 → $70 | Hold | Maintains | $64 → $70 | +18.18% | May 28, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $50 → $61 | Sell | Maintains | $50 → $61 | +2.99% | May 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $69 → $72 | Buy | Maintains | $69 → $72 | +21.56% | May 3, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $65 → $66 | Hold | Maintains | $65 → $66 | +11.43% | May 3, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $61 → $57 | Hold | Maintains | $61 → $57 | -3.76% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
12.92B
from 11.91B
Increased by 8.47%
Revenue Next Year
13.47B
from 12.92B
Increased by 4.25%
EPS This Year
4.70
from -1.26
EPS Next Year
4.96
from 4.70
Increased by 5.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.4B | 15.9B | 16.2B | 16.2B | 16.6B |
| Avg | 12.9B | 13.5B | 13.9B | 14.4B | 14.6B |
| Low | 9.9B | 10.6B | 11.2B | 11.8B | 12.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.3% | 22.7% | 20.3% | 16.9% | 14.9% |
| Avg | 8.5% | 4.2% | 2.9% | 4.3% | 1.1% |
| Low | -16.6% | -17.8% | -16.6% | -15.1% | -14.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.87 | 5.12 | 5.48 | 5.76 | 6.05 |
| Avg | 4.70 | 4.96 | 5.27 | 5.59 | 5.88 |
| Low | 4.32 | 4.60 | 4.92 | 5.24 | 5.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 8.9% | 10.7% | 9.5% | 8.3% |
| Avg | - | 5.3% | 6.3% | 6.1% | 5.3% |
| Low | - | -2.3% | -0.7% | -0.4% | -1.4% |
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.