Consolidated Edison (ED) Stock Forecast, Price Target & Predictions

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ED Stock Forecast

Consolidated Edison stock forecast is as follows: an average price target of $92.91 (represents a -5.08% downside from ED’s last price of $97.88) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.

ED Price Target

The average price target for Consolidated Edison (ED) is $92.91 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $116.00 to $71.00. This represents a potential -5.08% downside from ED's last price of $97.88.

ED Analyst Ratings

Hold

According to 9 Wall Street analysts, Consolidated Edison's rating consensus is 'Hold'. The analyst rating breakdown for ED stock is 0 'Strong Buy' (0.00%), 2 'Buy' (22.22%), 5 'Hold' (55.56%), 2 'Sell' (22.22%), and 0 'Strong Sell' (0.00%).

Consolidated Edison Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 08, 2024	Shahriar Pourreza	Guggenheim	$99.00	$98.43	0.58%	1.14%
Oct 15, 2024	Ryan Levine	Citigroup	$116.00	$103.04	12.58%	18.51%
Sep 25, 2024	David Arcaro	Morgan Stanley	$87.00	$102.94	-15.48%	-11.12%
Aug 23, 2024	David Arcaro	Morgan Stanley	$82.00	$100.84	-18.68%	-16.22%
Aug 05, 2024	Julien Dumoulin-Smith	Bank of America Securities	$109.00	$100.70	8.24%	11.36%
Jul 22, 2024	Nicholas Campanella	Barclays	$92.00	$94.04	-2.17%	-6.01%
Jul 19, 2024	William Appicelli	UBS	$96.00	$94.11	2.01%	-1.92%
May 28, 2024	Anthony Crowdell	Mizuho Securities	$95.00	$94.43	0.60%	-2.94%
May 06, 2024	Nicholas Campanella	Barclays	$97.00	$96.13	0.91%	-0.90%
Sep 05, 2023	Anthony Crowdell	Mizuho Securities	$89.00	$86.40	3.01%	-9.07%

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The latest Consolidated Edison stock forecast, released on Nov 08, 2024 by Shahriar Pourreza from Guggenheim, set a price target of $99.00, which represents a 0.58% increase from the stock price at the time of the forecast ($98.43), and a 1.14% increase from ED last price ($97.88).

Consolidated Edison Price Target by Period

	1M	3M	12M
# Anlaysts	1	4	9
Avg Price Target	$99.00	$96.00	$97.00
Last Closing Price	$97.88	$97.88	$97.88
Upside/Downside	1.14%	-1.92%	-0.90%

In the current month, the average price target of Consolidated Edison stock is $99.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.14% increase as opposed to Consolidated Edison's last price of $97.88. This month's average price target is up 3.13% compared to last quarter, and up 2.06% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 08, 2024	Guggenheim	Neutral	Neutral	Hold
Oct 15, 2024	Citigroup	-	Buy	Upgrade
Oct 09, 2024	Jefferies	-	Hold	Initialise
Sep 25, 2024	Morgan Stanley	Underweight	Underweight	Hold
Aug 23, 2024	Morgan Stanley	Underweight	Underweight	Hold
Aug 20, 2024	Scotiabank	Underperform	Underperform	Hold
Aug 05, 2024	Barclays	Underweight	Underweight	Hold
Aug 05, 2024	Bank of America Securities	Buy	Buy	Hold
Jul 22, 2024	Barclays	Equal-Weight	Underweight	Downgrade
May 28, 2024	Morgan Stanley	Underweight	Underweight	Hold

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Consolidated Edison's last stock rating was published by Guggenheim on Nov 08, 2024. The company gave ED a "Neutral" rating, the same as its previous rate.

Consolidated Edison Financial Forecast

Consolidated Edison Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.44B	$3.87B	$2.94B	$4.40B	$4.03B	$4.17B	$3.42B	$4.06B	$3.42B
Avg Forecast	$3.87B	$4.27B	$3.38B	$4.21B	$3.84B	$4.23B	$3.35B	$4.16B	$3.79B	$4.19B	$3.32B	$4.16B	$3.80B	$4.23B	$3.49B	$4.48B	$3.58B	$4.06B	$3.18B	$4.40B	$3.70B	$3.87B	$3.31B	$3.99B	$2.97B	$3.69B	$3.12B	$3.74B	$2.76B
High Forecast	$3.94B	$4.35B	$3.45B	$4.29B	$3.91B	$4.31B	$3.42B	$4.23B	$3.86B	$4.27B	$3.38B	$4.24B	$3.87B	$4.30B	$3.55B	$4.53B	$3.60B	$4.07B	$3.18B	$4.40B	$3.84B	$4.09B	$3.37B	$4.07B	$3.03B	$3.69B	$3.12B	$3.74B	$2.76B
Low Forecast	$3.80B	$4.20B	$3.33B	$4.14B	$3.77B	$4.16B	$3.30B	$4.09B	$3.73B	$4.12B	$3.26B	$4.09B	$3.73B	$4.16B	$3.43B	$4.42B	$3.56B	$4.06B	$3.18B	$4.40B	$3.60B	$3.53B	$3.25B	$3.93B	$2.92B	$3.69B	$3.12B	$3.74B	$2.76B
# Analysts	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	3	4	2	2	2	4	5	2	2	1	3	3	3	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.93%	1.00%	0.89%	1.10%	1.36%	1.13%	1.10%	1.09%	1.24%

Consolidated Edison's average Quarter revenue forecast for Mar 24 based on 2 analysts is $4.40B, with a low forecast of $4.40B, and a high forecast of $4.40B. ED's average Quarter revenue forecast represents a 27.74% increase compared to the company's last Quarter revenue of $3.44B (Dec 23).

Consolidated Edison EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	3	4	2	2	2	4	5	2	2	1	3	3	3	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.15B	$2.11B	$1.24B	$1.56B	$1.06B	$1.53B	$1.04B	$1.46B	$976.00M
Avg Forecast	$1.32B	$1.46B	$1.16B	$1.44B	$1.31B	$1.45B	$1.15B	$1.42B	$1.30B	$1.43B	$1.14B	$1.43B	$1.30B	$1.45B	$1.19B	$1.53B	$1.22B	$1.39B	$1.09B	$1.85B	$1.27B	$1.33B	$1.13B	$1.69B	$1.02B	$1.27B	$1.07B	$1.53B	$947.35M
High Forecast	$1.35B	$1.49B	$1.18B	$1.47B	$1.34B	$1.47B	$1.17B	$1.45B	$1.32B	$1.46B	$1.16B	$1.45B	$1.32B	$1.47B	$1.22B	$1.55B	$1.23B	$1.39B	$1.09B	$2.22B	$1.32B	$1.40B	$1.15B	$2.02B	$1.22B	$1.27B	$1.07B	$1.84B	$947.35M
Low Forecast	$1.30B	$1.44B	$1.14B	$1.42B	$1.29B	$1.42B	$1.13B	$1.40B	$1.28B	$1.41B	$1.12B	$1.40B	$1.28B	$1.42B	$1.17B	$1.51B	$1.22B	$1.39B	$1.09B	$1.48B	$1.23B	$1.21B	$1.11B	$1.35B	$813.41M	$1.27B	$1.07B	$1.23B	$947.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	1.59%	1.10%	0.93%	1.04%	1.20%	0.97%	0.96%	1.03%

2 analysts predict ED's average Quarter EBITDA for Mar 24 to be $1.85B, with a high of $2.22B and a low of $1.48B. This is 61.08% upper than Consolidated Edison's previous annual EBITDA (Dec 23) of $1.15B.

Consolidated Edison Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	3	4	2	2	2	4	5	2	2	1	3	3	3	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$334.00M	$526.00M	$226.00M	$1.43B	$190.00M	$613.00M	$255.00M	$602.00M	$186.00M
Avg Forecast	$538.52M	$759.60M	$279.74M	$733.50M	$634.02M	$39.15M	$869.63M	$657.29M	$466.48M	$694.53M	$202.21M	$688.66M	$363.14M	$592.49M	$231.49M	$749.77M	$330.46M	$551.83M	$197.84M	$733.34M	$337.81M	$557.25M	$211.00M	$666.67M	$233.36M	$508.43M	$203.44M	$606.07M	$298.98M
High Forecast	$551.59M	$778.04M	$286.53M	$751.31M	$649.40M	$40.10M	$890.74M	$673.24M	$477.81M	$711.39M	$207.12M	$705.37M	$371.95M	$606.87M	$237.11M	$799.98M	$378.15M	$569.14M	$197.89M	$880.01M	$348.15M	$621.81M	$216.12M	$800.01M	$280.03M	$508.43M	$203.44M	$727.28M	$298.98M
Low Forecast	$526.97M	$743.30M	$273.74M	$717.77M	$620.42M	$38.31M	$850.98M	$643.18M	$456.48M	$679.63M	$197.88M	$673.88M	$355.35M	$579.78M	$226.52M	$679.48M	$310.02M	$534.52M	$197.78M	$586.67M	$324.02M	$458.71M	$206.47M	$533.34M	$186.68M	$508.43M	$203.44M	$484.85M	$298.98M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.94%	1.07%	2.15%	0.81%	1.21%	1.25%	0.99%	0.62%

Consolidated Edison's average Quarter net income forecast for Mar 24 is $733.34M, with a range of $586.67M to $880.01M. ED's average Quarter net income forecast represents a 119.56% increase compared to the company's last Quarter net income of $334.00M (Dec 23).

Consolidated Edison SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	3	4	2	2	2	4	5	2	2	1	3	3	3	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$789.09M	$871.20M	$690.12M	$858.44M	$782.69M	$862.73M	$684.55M	$848.28M	$773.40M	$854.66M	$676.44M	$849.27M	$774.57M	$862.27M	$711.55M	$913.87M	$730.03M	$828.96M	$648.80M	$897.67M	$755.62M	$790.58M	$674.81M	$814.85M	$606.59M	$897.71M	$757.29M	$908.83M	$670.82M
High Forecast	$803.82M	$887.47M	$703.00M	$874.47M	$797.30M	$878.84M	$697.33M	$864.12M	$787.83M	$870.61M	$689.07M	$865.13M	$789.03M	$878.37M	$724.83M	$924.25M	$734.16M	$829.85M	$648.80M	$897.67M	$783.91M	$834.39M	$687.40M	$830.06M	$617.91M	$897.71M	$757.29M	$908.83M	$670.82M
Low Forecast	$776.07M	$856.83M	$678.73M	$844.27M	$769.78M	$848.49M	$673.25M	$834.28M	$760.63M	$840.55M	$665.28M	$835.26M	$761.79M	$848.04M	$699.81M	$901.40M	$725.91M	$828.07M	$648.80M	$897.67M	$735.42M	$719.62M	$663.67M	$801.40M	$596.58M	$897.71M	$757.29M	$908.83M	$670.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Consolidated Edison'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 ED last annual SG&A of $NaN (undefined).

Consolidated Edison EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21
# Analysts	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	3	4	2	2	2	4	5	2	2	1	3	3	3	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.52	$0.65	$4.06	$0.53	$1.73	$0.72	$1.70	$0.53
Avg Forecast	$1.55	$2.19	$0.81	$2.11	$1.82	$0.11	$2.50	$1.89	$1.34	$2.00	$0.58	$1.98	$1.04	$1.71	$0.67	$2.16	$0.95	$1.59	$0.57	$1.90	$0.97	$1.60	$0.61	$1.57	$0.80	$1.46	$0.59	$1.48	$0.86
High Forecast	$1.59	$2.24	$0.82	$2.16	$1.87	$0.12	$2.56	$1.94	$1.37	$2.05	$0.60	$2.03	$1.07	$1.75	$0.68	$2.30	$1.09	$1.64	$0.57	$1.90	$1.00	$1.79	$0.62	$1.64	$0.82	$1.46	$0.59	$1.51	$0.86
Low Forecast	$1.52	$2.14	$0.79	$2.07	$1.79	$0.11	$2.45	$1.85	$1.31	$1.96	$0.57	$1.94	$1.02	$1.67	$0.65	$1.96	$0.89	$1.54	$0.57	$1.90	$0.93	$1.32	$0.59	$1.50	$0.78	$1.46	$0.59	$1.45	$0.86
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.95%	1.07%	2.59%	0.66%	1.18%	1.23%	1.15%	0.62%

According to 4 Wall Street analysts, Consolidated Edison's projected average Quarter EPS for Dec 23 is $0.97, with a low estimate of $0.93 and a high estimate of $1.00. This represents a -36.05% decrease compared to ED previous annual EPS of $1.52 (Sep 23).

Consolidated Edison Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EXC	Exelon	$38.73	$46.45	19.93%	Buy
FE	FirstEnergy	$41.73	$46.80	12.15%	Hold
NEE	NextEra Energy	$76.88	$84.53	9.95%	Buy
D	Dominion Energy	$57.80	$61.54	6.47%	Hold
AEP	American Electric Power Company	$96.80	$100.50	3.82%	Hold
DUK	Duke Energy	$113.74	$114.40	0.58%	Buy
ED	Consolidated Edison	$97.88	$92.91	-5.08%	Hold
SO	Southern Company	$87.97	$78.09	-11.23%	Hold
PNW	Pinnacle West Capital	$91.79	$78.44	-14.54%	Buy
ETR	Entergy	$150.71	$127.67	-15.29%	Buy

ED Forecast FAQ

Is Consolidated Edison a good buy?

No, according to 9 Wall Street analysts, Consolidated Edison (ED) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 22.22% of ED's total ratings.

What is ED's price target?

Consolidated Edison (ED) average price target is $92.91 with a range of $71 to $116, implying a -5.08% from its last price of $97.88. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Consolidated Edison stock go up soon?

According to Wall Street analysts' prediction for ED stock, the company can go down by -5.08% (from the last price of $97.88 to the average price target of $92.91), up by 18.51% based on the highest stock price target, and down by -27.46% based on the lowest stock price target.

Can Consolidated Edison stock reach $150?

ED's average twelve months analyst stock price target of $92.91 does not support the claim that Consolidated Edison can reach $150 in the near future.

What is Consolidated Edison's current price target trend?

1 Wall Street analyst forecast a $99 price target for Consolidated Edison (ED) this month, up 1.14% from its last price of $97.88. Compared to the last 3 and 12 months, the average price target decreased by -1.92% and decreased by -0.90%, respectively.

What are Consolidated Edison's analysts' financial forecasts?

Consolidated Edison's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $15.58B (high $15.87B, low $15.32B), average EBITDA is $5.33B (high $5.43B, low $5.24B), average net income is $2.2B (high $2.25B, low $2.15B), average SG&A $3.18B (high $3.24B, low $3.13B), and average EPS is $6.33 (high $6.48, low $6.2). ED's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $15.73B (high $16.02B, low $15.47B), average EBITDA is $5.38B (high $5.48B, low $5.3B), average net income is $2.31B (high $2.37B, low $2.26B), average SG&A $3.21B (high $3.27B, low $3.16B), and average EPS is $6.65 (high $6.81, low $6.51).

Did the ED's actual financial results beat the analysts' financial forecasts?

Based on Consolidated Edison's last annual report (Dec 2023), the company's revenue was $14.66B, which missed the average analysts forecast of $14.88B by -1.45%. Apple's EBITDA was $5.1B, missing the average prediction of $5.41B by -5.70%. The company's net income was $2.52B, beating the average estimation of $1.77B by 42.10%. Apple's SG&A was $0, missing the average forecast of $3.04B by -100.00%. Lastly, the company's EPS was $7.25, beating the average prediction of $4.75 by 52.62%. In terms of the last quarterly report (Dec 2023), Consolidated Edison's revenue was $3.44B, missing the average analysts' forecast of $3.7B by -7.00%. The company's EBITDA was $1.15B, missing the average prediction of $1.27B by -9.22%. Consolidated Edison's net income was $334M, missing the average estimation of $337.81M by -1.13%. The company's SG&A was $0, missing the average forecast of $755.62M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $0.972 by -100.00%