Avangrid (AGR) Stock Forecast, Price Target & Predictions


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AGR Stock Forecast


Avangrid stock forecast is as follows: an average price target of $43.67 (represents a 21.24% upside from AGR’s last price of $36.02) 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 21.24% upside from AGR's last price of $36.02.

AGR Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2023Anthony CrowdellMizuho Securities$39.00$34.4413.24%8.27%
Sep 19, 2022Wells Fargo$52.00$49.325.43%44.36%
Jun 27, 2022Sangita JainKeyBanc$40.00$46.12-13.27%11.05%
Apr 28, 2022Wells Fargo$50.00$45.4110.12%38.81%

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 8.27% increase from AGR last price ($36.02).

Avangrid Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$36.02$36.02$36.02
Upside/Downside-100.00%-100.00%-100.00%

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 $36.02. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2023Wells FargoEqual-WeightEqual-WeightHold
Oct 04, 2023BarclaysEqual-WeightInitialise
Aug 17, 2023Seaport GlobalBuyUpgrade
Jun 15, 2023Wells FargoEqual-WeightEqual-WeightHold
Oct 14, 2022Mizuho SecuritiesNeutralUpgrade
Sep 19, 2022Wells FargoEqual-WeightEqual-WeightHold
Jun 27, 2022KeyBancSector WeightDowngrade
Apr 28, 2022Wells FargoEqual-WeightEqual-WeightHold
Apr 26, 2022Zacks Investment ResearchHoldUpgrade
Feb 24, 2022Janney MontgomeryNeutralDowngrade
Feb 24, 2022Wells FargoEqual-WeightDowngrade

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue---------$1.97B$1.59B$2.47B$2.16B$1.84B$1.79B$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$1.86B$1.76B
Avg Forecast$2.33B$2.06B$1.92B$2.77B$2.34B$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$1.91B$1.69B
High Forecast$2.44B$2.15B$2.01B$3.03B$2.42B$2.04B$1.79B$2.54B$2.51B$2.05B$1.91B$2.31B$1.93B$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$2.30B$2.02B
Low Forecast$2.26B$1.99B$1.86B$2.61B$2.22B$2.04B$1.66B$2.54B$2.35B$1.90B$1.77B$2.14B$1.79B$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$1.53B$1.35B
# Analysts11122122431111111111116811711771713
Surprise %---------1.00%0.87%1.11%1.17%1.06%1.12%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%0.98%1.04%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122122431111111111116811711771713
EBITDA---------$433.00M$444.00M$572.00M$484.00M$411.00M$507.00M$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$612.00M$629.00M
Avg Forecast$653.89M$576.04M$538.23M$777.10M$655.57M$570.49M$481.38M$858.86M$672.42M$551.54M$513.72M$780.78M$417.77M$499.92M$463.61M$709.80M$461.12M$448.16M$432.63M$337.61M$490.96M$437.97M$419.86M$597.00M$507.82M$445.74M$397.64M$636.35M$627.30M$602.04M
High Forecast$682.59M$601.32M$561.86M$847.20M$678.77M$570.49M$502.51M$1.03B$702.98M$574.03M$536.27M$936.94M$501.32M$499.92M$463.61M$851.76M$461.12M$448.16M$432.63M$405.13M$490.96M$437.97M$419.86M$716.40M$507.82M$445.74M$397.64M$763.62M$752.76M$722.45M
Low Forecast$632.10M$556.85M$520.30M$731.39M$620.76M$570.49M$465.35M$687.09M$658.53M$532.59M$496.60M$624.62M$334.21M$499.92M$463.61M$567.84M$461.12M$448.16M$432.63M$270.09M$490.96M$437.97M$419.86M$477.60M$507.82M$445.74M$397.64M$509.08M$501.84M$481.63M
Surprise %---------0.79%0.86%0.73%1.16%0.82%1.09%1.17%0.98%0.93%1.00%1.98%0.95%0.92%1.03%1.00%1.20%1.15%1.14%0.90%0.98%1.04%

4 analysts predict AGR's average Quarter EBITDA for Dec 23 to be $672.42M, with a high of $702.98M and a low of $658.53M. This is 55.29% upper than Avangrid's previous annual EBITDA (Sep 23) of $433.00M.

Avangrid Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122122431111111111116811711771713
Net Income---------$59.00M$85.00M$245.00M$147.00M$105.00M$184.00M$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$244.00M$239.00M
Avg Forecast$238.27M$197.59M$170.47M$360.31M$213.09M$144.49M$129.79M$452.30M$359.49M$154.07M$153.17M$411.18M$151.92M$135.51M$129.65M$373.80M$146.19M$111.97M$151.49M$168.81M$221.33M$158.70M$131.12M$240.00M$295.51M$201.78M$151.67M$241.41M$250.10M$228.76M
High Forecast$251.87M$208.87M$180.20M$375.81M$274.95M$152.73M$137.20M$542.76M$386.26M$211.40M$161.91M$493.42M$182.30M$135.51M$129.65M$448.56M$146.19M$111.97M$151.49M$202.57M$221.33M$158.70M$131.12M$288.00M$295.51M$201.78M$151.67M$289.69M$300.12M$274.51M
Low Forecast$227.95M$189.03M$163.09M$340.94M$137.48M$138.23M$124.17M$361.84M$336.54M$100.33M$146.54M$328.94M$121.53M$135.51M$129.65M$299.04M$146.19M$111.97M$151.49M$135.04M$221.33M$158.70M$131.12M$192.00M$295.51M$201.78M$151.67M$193.13M$200.08M$183.01M
Surprise %---------0.38%0.55%0.60%0.97%0.77%1.42%1.19%0.92%0.99%0.65%1.98%0.75%0.55%0.67%1.00%0.75%0.74%0.73%0.90%0.98%1.04%

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 509.30% increase compared to the company's last Quarter net income of $59.00M (Sep 23).

Avangrid SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122122431111111111116811711771713
SG&A------------------------------
Avg Forecast$17.54M$15.45M$14.43M$20.84M$17.58M$15.30M$12.91M$19.06M$18.03M$14.79M$13.78M$16.65M$13.88M$13.01M$12.06M$15.06M$12.00M$11.66M$11.26M$13.58M$12.77M$11.39M$10.92M$14.30M$13.21M$11.60M$10.35M$13.64M$14.36M$12.66M
High Forecast$18.30M$16.13M$15.07M$22.72M$18.20M$15.30M$13.48M$19.06M$18.85M$15.39M$14.38M$17.38M$14.49M$13.01M$12.06M$15.06M$12.00M$11.66M$11.26M$13.58M$12.77M$11.39M$10.92M$14.30M$13.21M$11.60M$10.35M$13.64M$17.24M$15.19M
Low Forecast$16.95M$14.93M$13.95M$19.61M$16.65M$15.30M$12.48M$19.06M$17.66M$14.28M$13.32M$16.10M$13.42M$13.01M$12.06M$15.06M$12.00M$11.66M$11.26M$13.58M$12.77M$11.39M$10.92M$14.30M$13.21M$11.60M$10.35M$13.64M$11.49M$10.13M
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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122122431111111111116811711771713
EPS---------$0.15$0.22$0.63$0.38$0.27$0.48$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$0.79$0.77
Avg Forecast$0.61$0.51$0.44$0.93$0.55$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$0.82$0.67
High Forecast$0.65$0.54$0.47$0.97$0.71$0.39$0.35$0.69$1.00$0.55$0.42$0.79$0.42$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$0.98$0.80
Low Forecast$0.59$0.49$0.42$0.88$0.35$0.36$0.32$0.69$0.87$0.26$0.38$0.71$0.38$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$0.54
Surprise %---------0.38%0.56%0.84%0.96%0.77%1.43%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%0.96%1.15%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
AGRAvangrid$35.63$43.6722.57%Hold
DTEDTE Energy Company$120.70$137.2913.74%Buy
PORPortland General Electric Company$44.49$49.6011.49%Buy
EVRGEvergy$61.50$68.5011.38%Buy
CMSCMS Energy$67.04$73.409.49%Buy
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
AEEAmeren$88.68$90.001.49%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
IDAIDACORP$112.12$110.50-1.44%Hold
CEPUCentral Puerto$15.13$12.00-20.69%Hold

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 21.24% from its last price of $36.02. 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 21.24% (from the last price of $36.02 to the average price target of $43.67), up by 44.36% based on the highest stock price target, and up by 8.27% 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 $8.63B (high $8.79B, low $8.45B), average EBITDA is $2.57B (high $2.78B, low $2.34B), average net income is $939.67M (high $1.11B, low $761.72M), average SG&A $64.84M (high $66.03M, low $63.48M), and average EPS is $1.95 (high $2.15, low $1.73). AGR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.09B (high $9.62B, low $8.72B), average EBITDA is $2.55B (high $2.69B, low $2.44B), average net income is $966.65M (high $1.02B, low $921.01M), average SG&A $68.26M (high $72.22M, low $65.45M), and average EPS is $2.5 (high $2.62, low $2.38).

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 $2.09B by 6.59%. The company's net income was $881M, beating the average estimation of $790.87M by 11.40%. Apple's SG&A was $0, missing the average forecast of $54.01M 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 $551.54M by -21.49%. 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%