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Edison (EIX) Stock Forecast, Price Target & Predictions

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EIX Stock Forecast

Edison stock forecast is as follows: an average price target of $84.78 (represents a -1.56% downside from EIX’s last price of $86.12) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.

EIX Price Target

The average price target for Edison (EIX) is $84.78 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $59.00. This represents a potential -1.56% downside from EIX's last price of $86.12.

EIX Analyst Ratings

Hold

According to 15 Wall Street analysts, Edison's rating consensus is 'Hold'. The analyst rating breakdown for EIX stock is 0 'Strong Buy' (0.00%), 6 'Buy' (40.00%), 8 'Hold' (53.33%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).

Edison Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 15, 2024Nicholas CampanellaBarclays$89.00$84.545.28%3.34%
Oct 04, 2024Shelby TuckerRBC Capital$100.00$86.0716.18%16.12%
Sep 25, 2024David ArcaroMorgan Stanley$72.00$86.05-16.33%-16.40%
Sep 11, 2024Marie FergusonArgus Research$97.00$83.1416.67%12.63%
Sep 04, 2024Nicholas CampanellaBarclays$91.00$87.334.20%5.67%
Aug 23, 2024David ArcaroMorgan Stanley$68.00$84.88-19.89%-21.04%
Aug 16, 2024Paul FremontMizuho Securities$94.00$83.2212.95%9.15%
Jul 19, 2024Gregg OrrillUBS$82.00$75.099.20%-4.78%
Jun 12, 2024Marie FergusonArgus Research$82.00$73.6111.40%-4.78%
May 14, 2024Neil KaltonWells Fargo$86.00$74.4415.53%-0.14%
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The latest Edison stock forecast, released on Oct 15, 2024 by Nicholas Campanella from Barclays, set a price target of $89.00, which represents a 5.28% increase from the stock price at the time of the forecast ($84.54), and a 3.34% increase from EIX last price ($86.12).

Edison Price Target by Period

1M3M12M
# Anlaysts-612
Avg Price Target-$86.17$85.25
Last Closing Price$86.12$86.12$86.12
Upside/Downside-100.00%0.06%-1.01%

In the current month, the average price target of Edison stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Edison's last price of $86.12. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024Wells FargoOverweightOverweightHold
Oct 15, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 04, 2024RBC CapitalOutperformOutperformHold
Sep 25, 2024Morgan StanleyUnderweightUnderweightHold
Sep 04, 2024BarclaysEqual-WeightEqual-WeightHold
Aug 23, 2024Morgan StanleyUnderweightUnderweightHold
Aug 14, 2024Evercore ISIOutperformOutperformHold
Jul 30, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 26, 2024GuggenheimBuyBuyHold
Jul 19, 2024UBSNeutralBelow AverageDowngrade
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Edison's last stock rating was published by Wells Fargo on Oct 30, 2024. The company gave EIX a "Overweight" rating, the same as its previous rate.

Edison Financial Forecast

Edison Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$4.84B$4.11B$3.97B$4.02B$5.23B$4.01B$3.97B$3.33B$5.30B$3.31B$2.96B$3.16B$4.64B
Avg Forecast$6.59B$6.47B$6.35B$6.24B$6.12B$6.01B$5.91B$5.80B$5.40B$5.47B$4.41B$4.50B$3.88B$5.01B$4.12B$4.16B$4.09B$5.71B$4.28B$4.25B$3.16B$5.07B$3.55B$3.29B$3.33B$4.81B$3.31B$3.20B$3.16B$3.83B
High Forecast$6.82B$6.69B$6.57B$6.45B$6.34B$6.22B$6.11B$6.00B$5.58B$5.66B$4.57B$4.65B$3.99B$5.15B$4.12B$4.16B$4.10B$6.40B$4.43B$4.40B$3.27B$5.07B$3.55B$3.29B$3.33B$4.81B$3.31B$3.20B$3.16B$3.83B
Low Forecast$6.41B$6.30B$6.18B$6.07B$5.96B$5.86B$5.75B$5.65B$5.25B$5.32B$4.30B$4.38B$3.72B$4.87B$4.12B$4.16B$4.04B$5.20B$4.17B$4.14B$3.08B$5.07B$3.55B$3.29B$3.33B$4.81B$3.31B$3.20B$3.16B$3.83B
# Analysts1111111111133122431111111111115
Surprise %-----------------0.85%0.96%0.93%1.27%1.03%1.13%1.21%1.00%1.10%1.00%0.92%1.00%1.21%

Edison's average Quarter revenue forecast for Dec 23 based on 4 analysts is $4.09B, with a low forecast of $4.04B, and a high forecast of $4.10B. EIX's average Quarter revenue forecast represents a -15.44% decrease compared to the company's last Quarter revenue of $4.84B (Sep 23).

Edison EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133122431111111111115
EBITDA-----------------$364.00M$663.00M$1.38B$1.50B$759.00M$1.21B$916.00M$1.23B$538.00M$1.21B$1.01B$1.34B$212.00M
Avg Forecast$1.91B$1.87B$1.84B$1.81B$1.77B$1.74B$1.71B$1.68B$1.56B$1.58B$1.28B$1.30B$1.12B$1.45B$1.19B$854.29M$1.19B$1.65B$1.24B$675.33M$1.38B$1.46B$1.03B$613.94M$961.99M$1.39B$954.51M$914.51M$912.35M$1.11B
High Forecast$1.97B$1.94B$1.90B$1.87B$1.84B$1.80B$1.77B$1.74B$1.62B$1.64B$1.32B$1.35B$1.16B$1.49B$1.19B$1.03B$1.19B$1.85B$1.28B$810.40M$1.66B$1.46B$1.03B$736.72M$961.99M$1.39B$954.51M$1.10B$912.35M$1.11B
Low Forecast$1.86B$1.82B$1.79B$1.76B$1.73B$1.70B$1.67B$1.64B$1.52B$1.54B$1.25B$1.27B$1.08B$1.41B$1.19B$683.43M$1.17B$1.51B$1.21B$540.26M$1.10B$1.46B$1.03B$491.15M$961.99M$1.39B$954.51M$731.61M$912.35M$1.11B
Surprise %-----------------0.22%0.53%2.04%1.09%0.52%1.18%1.49%1.28%0.39%1.27%1.11%1.47%0.19%

4 analysts predict EIX's average Quarter EBITDA for Dec 23 to be $1.19B, with a high of $1.19B and a low of $1.17B. This is 225.84% upper than Edison's previous annual EBITDA (Sep 23) of $364.00M.

Edison Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133122431111111111115
Net Income-----------------$155.00M$354.00M$365.00M$470.00M$-74.00M$292.00M$136.00M$571.00M$-297.00M$361.00M$290.00M$552.00M$-242.00M
Avg Forecast$493.31M$781.72M$524.78M$706.89M$530.11M$747.49M$496.68M$678.56M$469.31M$658.36M$513.82M$552.06M$435.03M$545.20M$416.64M$122.17M$453.36M$563.09M$369.63M$96.58M$638.97M$572.27M$355.12M$87.80M$407.84M$676.75M$392.82M$261.81M$464.20M$569.07M
High Forecast$515.62M$817.06M$548.51M$738.86M$554.08M$781.29M$519.14M$709.24M$490.53M$688.12M$537.05M$573.30M$457.34M$572.38M$416.71M$146.60M$464.50M$623.56M$386.35M$115.89M$766.77M$572.27M$355.12M$105.36M$407.84M$676.75M$393.06M$314.17M$464.20M$569.07M
Low Forecast$476.44M$754.99M$506.84M$682.72M$511.98M$721.93M$479.70M$655.36M$453.26M$635.84M$496.25M$535.08M$412.72M$518.01M$416.58M$97.74M$434.78M$510.18M$356.99M$77.26M$511.18M$572.27M$355.12M$70.24M$407.84M$676.75M$392.59M$209.44M$464.20M$569.07M
Surprise %-----------------0.28%0.96%3.78%0.74%-0.13%0.82%1.55%1.40%-0.44%0.92%1.11%1.19%-0.43%

Edison's average Quarter net income forecast for Dec 23 is $453.36M, with a range of $434.78M to $464.50M. EIX's average Quarter net income forecast represents a 192.49% increase compared to the company's last Quarter net income of $155.00M (Sep 23).

Edison SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133122431111111111115
SG&A-------------------$148.00M$51.00M$943.00M$55.00M$478.00M$54.00M$1.33B$54.00M$53.00M$109.00M$1.38B
Avg Forecast$674.22M$662.08M$650.16M$638.46M$626.96M$615.67M$604.59M$593.70M$552.42M$559.71M$451.87M$460.34M$397.30M$512.69M$421.94M$429.39M$419.04M$583.97M$438.04M$339.44M$60.43M$403.82M$282.70M$308.58M$265.28M$382.62M$263.21M$47.85M$251.59M$305.27M
High Forecast$697.68M$685.11M$672.78M$660.66M$648.77M$637.09M$625.62M$614.35M$571.63M$579.18M$467.58M$476.35M$408.74M$526.74M$421.94M$515.27M$420.04M$655.05M$453.28M$407.33M$72.51M$403.82M$282.70M$370.30M$265.28M$382.62M$263.21M$57.42M$251.59M$305.27M
Low Forecast$656.49M$644.67M$633.06M$621.66M$610.47M$599.48M$588.69M$578.09M$537.89M$544.99M$439.98M$448.23M$380.66M$498.64M$421.94M$343.51M$414.04M$531.82M$426.52M$271.55M$48.34M$403.82M$282.70M$246.87M$265.28M$382.62M$263.21M$38.28M$251.59M$305.27M
Surprise %-------------------0.44%0.84%2.34%0.19%1.55%0.20%3.47%0.21%1.11%0.43%4.53%

Edison's average Quarter SG&A projection for Jun 23 is $438.04M, based on 1 Wall Street analysts, with a range of $426.52M to $453.28M. The forecast indicates a 195.98% rise compared to EIX last annual SG&A of $148.00M (Mar 23).

Edison EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133122431111111111115
EPS-----------------$0.40$0.92$0.81$0.67$-0.19$0.63$0.22$1.50$-0.90$0.84$0.68$1.39$-0.76
Avg Forecast$1.26$2.00$1.35$1.81$1.36$1.92$1.27$1.74$1.20$1.69$1.32$1.42$1.12$1.40$1.07$1.11$1.16$1.44$0.95$0.98$1.09$1.47$0.92$0.81$1.05$1.74$1.01$0.72$1.20$1.47
High Forecast$1.32$2.10$1.41$1.89$1.42$2.00$1.33$1.82$1.26$1.76$1.38$1.47$1.17$1.47$1.07$1.11$1.19$1.60$0.99$1.02$1.14$1.47$0.92$0.81$1.05$1.74$1.01$0.72$1.20$1.47
Low Forecast$1.22$1.94$1.30$1.75$1.31$1.85$1.23$1.68$1.16$1.63$1.27$1.37$1.06$1.33$1.07$1.11$1.11$1.31$0.92$0.94$1.06$1.47$0.92$0.81$1.05$1.74$1.01$0.72$1.20$1.47
Surprise %-----------------0.28%0.97%0.83%0.61%-0.13%0.69%0.27%1.43%-0.52%0.83%0.95%1.16%-0.52%

According to 4 Wall Street analysts, Edison's projected average Quarter EPS for Dec 23 is $1.16, with a low estimate of $1.11 and a high estimate of $1.19. This represents a 190.61% increase compared to EIX previous annual EPS of $0.40 (Sep 23).

Edison Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EXCExelon$38.73$46.4519.93%Buy
FEFirstEnergy$41.73$46.8012.15%Hold
NEENextEra Energy$76.88$84.539.95%Buy
PNMPNM Resources$41.77$44.506.54%Buy
DDominion Energy$57.80$61.546.47%Hold
AEPAmerican Electric Power Company$96.80$100.503.82%Hold
LNTAlliant Energy$62.23$63.381.85%Buy
DUKDuke Energy$113.74$114.400.58%Buy
EVRGEvergy$64.37$64.25-0.19%Buy
CMSCMS Energy$68.52$67.50-1.49%Buy
EIXEdison$86.12$84.78-1.56%Hold
CNPCenterPoint Energy$31.57$31.00-1.81%Hold
EDConsolidated Edison$97.88$92.91-5.08%Hold
PPLPPL$34.27$32.04-6.51%Buy
PEGPublic Service Enterprise Group$90.49$81.29-10.17%Buy
SOSouthern Company$87.97$78.09-11.23%Hold
PNWPinnacle West Capital$91.79$78.44-14.54%Buy
ETREntergy$150.71$127.67-15.29%Buy

EIX Forecast FAQ

Is Edison a good buy?

No, according to 15 Wall Street analysts, Edison (EIX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 40.00% of EIX's total ratings.

What is EIX's price target?

Edison (EIX) average price target is $84.78 with a range of $59 to $100, implying a -1.56% from its last price of $86.12. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Edison stock go up soon?

According to Wall Street analysts' prediction for EIX stock, the company can go down by -1.56% (from the last price of $86.12 to the average price target of $84.78), up by 16.12% based on the highest stock price target, and down by -31.49% based on the lowest stock price target.

Can Edison stock reach $130?

EIX's average twelve months analyst stock price target of $84.78 does not support the claim that Edison can reach $130 in the near future.

What are Edison's analysts' financial forecasts?

Edison's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $23.85B (high $24.68B, low $23.22B), average EBITDA is $6.91B (high $7.15B, low $6.73B), average net income is $2.45B (high $2.56B, low $2.37B), average SG&A $2.44B (high $2.53B, low $2.38B), and average EPS is $6.29 (high $6.57, low $6.07). EIX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $25.64B (high $26.54B, low $24.97B), average EBITDA is $7.43B (high $7.69B, low $7.23B), average net income is $2.51B (high $2.62B, low $2.42B), average SG&A $2.62B (high $2.72B, low $2.56B), and average EPS is $6.43 (high $6.72, low $6.21).

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

Based on Edison's last annual report (Dec 2022), the company's revenue was $17.22B, beating the average analysts forecast of $15.07B by 14.28%. Apple's EBITDA was $4.51B, beating the average prediction of $4.48B by 0.64%. The company's net income was $824M, missing the average estimation of $1.65B by -50.19%. Apple's SG&A was $1.53B, beating the average forecast of $1.06B by 44.67%. Lastly, the company's EPS was $1.61, missing the average prediction of $4.29 by -62.48%. In terms of the last quarterly report (Sep 2023), Edison's revenue was $4.84B, missing the average analysts' forecast of $5.71B by -15.14%. The company's EBITDA was $364M, missing the average prediction of $1.65B by -77.98%. Edison's net income was $155M, missing the average estimation of $563.09M by -72.47%. The company's SG&A was $0, missing the average forecast of $583.97M by -100.00%. Lastly, the company's EPS was $0.4, missing the average prediction of $1.44 by -72.30%