Avangrid (AGR) Stock Forecast, Price Target & Predictions
AGR Stock Forecast
Avangrid stock forecast is as follows: an average price target of $43.67 (represents a 22.09% upside from AGR’s last price of $35.77) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.
AGR Price Target
The average price target for Avangrid (AGR) is $43.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $52.00 to $39.00. This represents a potential 22.09% upside from AGR's last price of $35.77.
AGR Analyst Ratings
According to 7 Wall Street analysts, Avangrid's rating consensus is 'Hold'. The analyst rating breakdown for AGR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (14.29%), 6 'Hold' (85.71%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Avangrid Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 20, 2023 | Anthony Crowdell | Mizuho Securities | $39.00 | $34.44 | 13.24% | 9.03% |
| Sep 19, 2022 | - | Wells Fargo | $52.00 | $49.32 | 5.43% | 45.37% |
| Jun 27, 2022 | Sangita Jain | KeyBanc | $40.00 | $46.12 | -13.27% | 11.83% |
| Apr 28, 2022 | - | Wells Fargo | $50.00 | $45.41 | 10.12% | 39.78% |
The latest Avangrid stock forecast, released on Sep 20, 2023 by Anthony Crowdell from Mizuho Securities, set a price target of $39.00, which represents a 13.24% increase from the stock price at the time of the forecast ($34.44), and a 9.03% increase from AGR last price ($35.77).
Avangrid Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $39.00 |
| Last Closing Price | $35.77 | $35.77 | $35.77 |
| Upside/Downside | -100.00% | -100.00% | 9.03% |
In the current month, the average price target of Avangrid stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Avangrid's last price of $35.77. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 19, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 04, 2023 | Barclays | - | Equal-Weight | Initialise |
| Aug 17, 2023 | Seaport Global | - | Buy | Upgrade |
| Jun 15, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 14, 2022 | Mizuho Securities | - | Neutral | Upgrade |
| Sep 19, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 27, 2022 | KeyBanc | - | Sector Weight | Downgrade |
| Apr 28, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
| Feb 24, 2022 | Janney Montgomery | - | Neutral | Downgrade |
Avangrid's last stock rating was published by Wells Fargo on Dec 19, 2023. The company gave AGR a "Equal-Weight" rating, the same as its previous rate.
Avangrid Financial Forecast
Avangrid Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.97B | $1.59B | $2.47B | $2.16B | $1.84B | - | $2.13B | $1.93B | $1.60B | $1.48B | $1.97B | $1.67B | $1.47B | $1.39B | $1.79B | $1.61B | $1.49B | $1.40B | $1.84B | $1.67B | $1.55B |
| Avg Forecast | $2.33B | $2.01B | $1.92B | $2.77B | $2.24B | $2.04B | $1.72B | $2.54B | $2.40B | $1.97B | $1.83B | $2.22B | $1.85B | $1.73B | $1.61B | $2.01B | $1.60B | $1.55B | $1.50B | $1.81B | $1.70B | $1.52B | $1.45B | $1.90B | $1.76B | $1.54B | $1.38B | $1.82B | $1.81B | $1.58B |
| High Forecast | $2.44B | $2.10B | $2.01B | $2.90B | $2.34B | $2.16B | $1.80B | $2.66B | $2.51B | $2.05B | $1.92B | $2.32B | $1.94B | $1.81B | $1.61B | $2.05B | $1.63B | $1.59B | $1.53B | $1.85B | $1.74B | $1.55B | $1.49B | $1.95B | $1.80B | $1.58B | $1.41B | $1.86B | $2.18B | $1.90B |
| Low Forecast | $2.22B | $1.91B | $1.82B | $2.64B | $2.13B | $1.97B | $1.64B | $2.42B | $2.35B | $1.90B | $1.75B | $2.11B | $1.76B | $1.65B | $1.61B | $1.95B | $1.55B | $1.51B | $1.46B | $1.76B | $1.65B | $1.48B | $1.42B | $1.85B | $1.71B | $1.50B | $1.34B | $1.77B | $1.45B | $1.26B |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 0.87% | 1.11% | 1.17% | 1.06% | - | 1.06% | 1.21% | 1.03% | 0.99% | 1.09% | 0.98% | 0.97% | 0.96% | 0.94% | 0.91% | 0.96% | 1.02% | 1.01% | 0.92% | 0.98% |
Avangrid's average Quarter revenue forecast for Dec 23 based on 4 analysts is $2.40B, with a low forecast of $2.35B, and a high forecast of $2.51B. AGR's average Quarter revenue forecast represents a 21.64% increase compared to the company's last Quarter revenue of $1.97B (Sep 23).
Avangrid EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | $433.00M | $444.00M | $572.00M | $484.00M | $411.00M | - | $827.00M | $451.00M | $416.00M | $433.00M | $668.00M | $465.00M | $404.00M | $434.00M | $597.00M | $609.00M | $511.00M | $455.00M | $572.00M | $466.00M | $475.00M |
| Avg Forecast | $672.27M | $579.90M | $553.05M | $799.27M | $645.39M | $588.04M | $496.19M | $858.86M | $693.10M | $568.50M | $529.52M | $780.78M | $533.51M | $396.59M | $463.61M | $709.80M | $379.79M | $360.53M | $505.17M | $337.61M | $490.96M | $492.68M | $459.53M | $597.00M | $625.03M | $628.92M | $525.00M | $636.35M | $504.20M | $485.33M |
| High Forecast | $704.28M | $607.51M | $579.39M | $837.33M | $676.13M | $623.14M | $519.82M | $1.03B | $724.60M | $591.68M | $554.74M | $936.94M | $558.92M | $475.90M | $463.61M | $851.76M | $455.75M | $432.64M | $606.20M | $405.13M | $501.82M | $591.22M | $551.44M | $716.40M | $750.03M | $754.71M | $630.00M | $763.62M | $605.04M | $582.39M |
| Low Forecast | $640.25M | $552.29M | $526.72M | $761.21M | $614.66M | $567.56M | $472.56M | $687.09M | $678.78M | $548.97M | $504.30M | $624.62M | $508.11M | $317.27M | $463.61M | $567.84M | $303.83M | $288.43M | $404.13M | $270.09M | $477.63M | $394.15M | $367.62M | $477.60M | $500.02M | $503.14M | $420.00M | $509.08M | $403.36M | $388.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.76% | 0.84% | 0.73% | 0.91% | 1.04% | - | 1.17% | 1.19% | 1.15% | 0.86% | 1.98% | 0.95% | 0.82% | 0.94% | 1.00% | 0.97% | 0.81% | 0.87% | 0.90% | 0.92% | 0.98% |
4 analysts predict AGR's average Quarter EBITDA for Dec 23 to be $693.10M, with a high of $724.60M and a low of $678.78M. This is 60.07% upper than Avangrid's previous annual EBITDA (Sep 23) of $433.00M.
Avangrid Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | $59.00M | $85.00M | $245.00M | $147.00M | $105.00M | - | $445.00M | $134.00M | $111.00M | $98.00M | $334.00M | $166.00M | $87.00M | $88.00M | $240.00M | $223.00M | $150.00M | $110.00M | $217.00M | $119.00M | $125.00M |
| Avg Forecast | $278.96M | $135.60M | $147.23M | $371.94M | $198.78M | $144.49M | $129.79M | $452.30M | $359.49M | $154.07M | $153.17M | $411.18M | $154.03M | $105.82M | $129.58M | $373.80M | $138.11M | $96.20M | $114.33M | $168.81M | $221.19M | $106.10M | $93.18M | $240.00M | $228.87M | $184.62M | $126.92M | $241.41M | $128.75M | $127.72M |
| High Forecast | $296.23M | $144.00M | $156.34M | $394.97M | $211.08M | $214.55M | $137.83M | $542.76M | $386.26M | $211.40M | $162.65M | $493.42M | $163.57M | $126.98M | $129.58M | $448.56M | $165.73M | $115.44M | $137.20M | $202.57M | $227.55M | $127.32M | $111.81M | $288.00M | $274.64M | $221.54M | $152.31M | $289.69M | $154.50M | $153.26M |
| Low Forecast | $261.69M | $127.21M | $138.11M | $348.92M | $186.47M | $105.09M | $121.76M | $361.84M | $336.54M | $100.33M | $143.69M | $328.94M | $144.50M | $84.66M | $129.58M | $299.04M | $110.48M | $76.96M | $91.47M | $135.04M | $213.38M | $84.88M | $74.54M | $192.00M | $183.09M | $147.69M | $101.54M | $193.13M | $103.00M | $102.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.38% | 0.55% | 0.60% | 0.95% | 0.99% | - | 1.19% | 0.97% | 1.15% | 0.86% | 1.98% | 0.75% | 0.82% | 0.94% | 1.00% | 0.97% | 0.81% | 0.87% | 0.90% | 0.92% | 0.98% |
Avangrid's average Quarter net income forecast for Dec 23 is $359.49M, with a range of $336.54M to $386.26M. AGR's average Quarter net income forecast represents a 509.31% increase compared to the company's last Quarter net income of $59.00M (Sep 23).
Avangrid SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $17.49M | $15.09M | $14.39M | $20.79M | $16.79M | $15.30M | $12.91M | $19.06M | $18.03M | $14.79M | $13.78M | $16.65M | $13.88M | $13.01M | $12.06M | $14.00M | $11.15M | $10.84M | $10.46M | $12.62M | $11.87M | $10.59M | $10.15M | $13.30M | $12.28M | $10.78M | $9.62M | $12.68M | $12.66M | $11.03M |
| High Forecast | $18.32M | $15.81M | $15.07M | $21.78M | $17.59M | $16.21M | $13.52M | $19.96M | $18.85M | $15.39M | $14.43M | $17.45M | $14.54M | $13.63M | $12.06M | $14.31M | $11.40M | $11.08M | $10.69M | $12.90M | $12.13M | $10.83M | $10.38M | $13.59M | $12.55M | $11.02M | $9.83M | $12.96M | $15.19M | $13.24M |
| Low Forecast | $16.66M | $14.37M | $13.70M | $19.80M | $15.99M | $14.77M | $12.29M | $18.15M | $17.66M | $14.28M | $13.12M | $15.86M | $13.22M | $12.39M | $12.06M | $13.62M | $10.85M | $10.54M | $10.18M | $12.28M | $11.55M | $10.30M | $9.88M | $12.93M | $11.95M | $10.49M | $9.35M | $12.34M | $10.13M | $8.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Avangrid's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to AGR last annual SG&A of $NaN (undefined).
Avangrid EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 | 3 | 8 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | $0.15 | $0.22 | $0.63 | $0.38 | $0.27 | - | $1.15 | $0.35 | $0.29 | $0.28 | $1.08 | $0.54 | $0.28 | $0.28 | $0.78 | $0.72 | $0.48 | $0.36 | $0.70 | $0.38 | $0.40 |
| Avg Forecast | $0.72 | $0.35 | $0.38 | $0.96 | $0.51 | $0.37 | $0.34 | $0.69 | $0.93 | $0.40 | $0.40 | $0.75 | $0.40 | $0.35 | $0.33 | $1.01 | $0.38 | $0.29 | $0.39 | $0.76 | $0.57 | $0.41 | $0.34 | $0.76 | $0.76 | $0.52 | $0.39 | $0.80 | $0.66 | $0.47 |
| High Forecast | $0.76 | $0.37 | $0.40 | $1.02 | $0.54 | $0.55 | $0.36 | $0.74 | $1.00 | $0.55 | $0.42 | $0.79 | $0.42 | $0.37 | $0.33 | $1.04 | $0.39 | $0.30 | $0.40 | $0.78 | $0.59 | $0.42 | $0.35 | $0.78 | $0.78 | $0.54 | $0.40 | $0.82 | $0.79 | $0.56 |
| Low Forecast | $0.68 | $0.33 | $0.36 | $0.90 | $0.48 | $0.27 | $0.31 | $0.65 | $0.87 | $0.26 | $0.37 | $0.70 | $0.37 | $0.33 | $0.33 | $0.98 | $0.36 | $0.28 | $0.38 | $0.74 | $0.55 | $0.40 | $0.33 | $0.73 | $0.74 | $0.50 | $0.38 | $0.77 | $0.53 | $0.38 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.38% | 0.56% | 0.84% | 0.96% | 0.77% | - | 1.14% | 0.93% | 1.00% | 0.72% | 1.42% | 0.95% | 0.68% | 0.83% | 1.03% | 0.94% | 0.92% | 0.92% | 0.88% | 0.58% | 0.85% |
According to 4 Wall Street analysts, Avangrid's projected average Quarter EPS for Dec 23 is $0.93, with a low estimate of $0.87 and a high estimate of $1.00. This represents a 518.57% increase compared to AGR previous annual EPS of $0.15 (Sep 23).
Avangrid Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AGR | Avangrid | $35.77 | $43.67 | 22.09% | Hold |
| CEPU | Central Puerto | $10.32 | $12.00 | 16.28% | - |
| CNP | CenterPoint Energy | $28.32 | $31.00 | 9.46% | Hold |
| DTE | DTE Energy Company | $125.68 | $133.92 | 6.56% | Buy |
| AEE | Ameren | $85.02 | $89.45 | 5.21% | Buy |
| POR | Portland General Electric Company | $48.84 | $49.88 | 2.13% | Buy |
| LNT | Alliant Energy | $60.31 | $61.00 | 1.14% | Buy |
| EVRG | Evergy | $61.91 | $62.00 | 0.15% | Buy |
| IDA | IDACORP | $103.49 | $102.00 | -1.44% | Hold |
| ETR | Entergy | $129.08 | $122.50 | -5.10% | Buy |
| CMS | CMS Energy | $70.26 | $66.23 | -5.74% | Buy |
| PNW | Pinnacle West Capital | $89.97 | $72.67 | -19.23% | Buy |
AGR Forecast FAQ
Is Avangrid a good buy?
No, according to 7 Wall Street analysts, Avangrid (AGR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 14.29% of AGR's total ratings.
What is AGR's price target?
Avangrid (AGR) average price target is $43.67 with a range of $39 to $52, implying a 22.09% from its last price of $35.77. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Avangrid stock go up soon?
According to Wall Street analysts' prediction for AGR stock, the company can go up by 22.09% (from the last price of $35.77 to the average price target of $43.67), up by 45.37% based on the highest stock price target, and up by 9.03% based on the lowest stock price target.
Can Avangrid stock reach $50?
AGR's highest twelve months analyst stock price target of $52 supports the claim that Avangrid can reach $50 in the near future.
What are Avangrid's analysts' financial forecasts?
Avangrid's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $8.53B (high $8.96B, low $8.15B), average EBITDA is $2.59B (high $2.85B, low $2.34B), average net income is $925.36M (high $1.11B, low $775.15M), average SG&A $64.05M (high $67.29M, low $61.2M), and average EPS is $1.91 (high $2.19, low $1.72). AGR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.02B (high $9.45B, low $8.59B), average EBITDA is $2.6B (high $2.73B, low $2.48B), average net income is $933.73M (high $991.53M, low $875.93M), average SG&A $67.76M (high $70.99M, low $64.53M), and average EPS is $2.41 (high $2.56, low $2.26).
Did the AGR's actual financial results beat the analysts' financial forecasts?
Based on Avangrid's last annual report (Dec 2022), the company's revenue was $7.92B, beating the average analysts forecast of $7.19B by 10.16%. Apple's EBITDA was $2.23B, beating the average prediction of $2.1B by 5.97%. The company's net income was $881M, beating the average estimation of $763.23M by 15.43%. Apple's SG&A was $0, missing the average forecast of $52.95M by -100.00%. Lastly, the company's EPS was $2.28, beating the average prediction of $2.09 by 8.88%. In terms of the last quarterly report (Sep 2023), Avangrid's revenue was $1.97B, beating the average analysts' forecast of $1.97B by 0.23%. The company's EBITDA was $433M, missing the average prediction of $568.5M by -23.83%. Avangrid's net income was $59M, missing the average estimation of $154.07M by -61.71%. The company's SG&A was $0, missing the average forecast of $14.79M by -100.00%. Lastly, the company's EPS was $0.15, missing the average prediction of $0.398 by -62.28%