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 $82.63 (represents a -3.27% downside from EIX’s last price of $85.42) 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 $82.63 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $97.00 to $59.00. This represents a potential -3.27% downside from EIX's last price of $85.42.

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
Sep 11, 2024Marie FergusonArgus Research$97.00$83.1416.67%13.56%
Sep 04, 2024Nicholas CampanellaBarclays$91.00$87.334.20%6.53%
Aug 23, 2024David ArcaroMorgan Stanley$68.00$84.88-19.89%-20.39%
Aug 16, 2024Paul FremontMizuho Securities$94.00$83.2212.95%10.04%
Jul 19, 2024Gregg OrrillUBS$82.00$75.099.20%-4.00%
Jun 12, 2024Marie FergusonArgus Research$82.00$73.6111.40%-4.00%
May 14, 2024Neil KaltonWells Fargo$86.00$74.4415.53%0.68%
Mar 12, 2024Marie FergusonArgus Research$78.00$69.4612.29%-8.69%
Jan 22, 2024Shahriar PourrezaGuggenheim$84.00$67.6524.17%-1.66%
Aug 22, 2023Anthony CrowdellMizuho Securities$75.00$69.507.91%-12.20%
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The latest Edison stock forecast, released on Sep 11, 2024 by Marie Ferguson from Argus Research, set a price target of $97.00, which represents a 16.67% increase from the stock price at the time of the forecast ($83.14), and a 13.56% increase from EIX last price ($85.42).

Edison Price Target by Period


1M3M12M
# Anlaysts459
Avg Price Target$87.50$86.40$84.67
Last Closing Price$85.42$85.42$85.42
Upside/Downside2.44%1.15%-0.88%

In the current month, the average price target of Edison stock is $87.50, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 2.44% increase as opposed to Edison's last price of $85.42. This month's average price target is up 1.27% compared to last quarter, and up 3.34% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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
Jul 19, 2024UBSBuyNeutralDowngrade
May 28, 2024Morgan StanleyUnderweightUnderweightHold
May 14, 2024Wells FargoEqual-WeightOverweightUpgrade
Apr 09, 2024Goldman Sachs-NeutralInitialise
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Edison's last stock rating was published by Barclays on Sep 04, 2024. The company gave EIX a "Equal-Weight" rating, the same as its previous rate.

Edison Financial Forecast


Edison Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$4.84B$4.11B$3.97B$4.02B$5.23B-$3.97B$3.33B$5.30B$3.31B$2.96B$3.16B$4.64B$2.99B$2.79B$2.97B$3.74B
Avg Forecast$5.20B$5.11B$5.01B$4.92B$5.40B$6.61B$4.40B$4.48B$3.90B$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$3.04B$3.08B$3.33B$4.09B
High Forecast$5.61B$5.51B$5.41B$5.31B$5.82B$7.13B$4.75B$4.83B$4.20B$5.18B$4.44B$4.48B$4.10B$6.40B$4.61B$4.58B$3.41B$5.47B$3.55B$3.35B$3.39B$4.90B$3.37B$3.26B$3.22B$3.91B$3.09B$3.14B$3.39B$4.17B
Low Forecast$4.95B$4.87B$4.78B$4.69B$5.14B$6.30B$4.20B$4.27B$3.71B$4.70B$3.93B$3.96B$4.04B$5.20B$4.08B$4.05B$3.01B$4.83B$3.55B$3.22B$3.26B$4.71B$3.24B$3.14B$3.09B$3.75B$2.97B$3.02B$3.26B$4.01B
# Analysts222211112422431111--22285510744
Surprise %-------------0.85%0.96%0.93%1.27%1.03%-1.21%1.00%1.10%1.00%0.92%1.00%1.21%0.98%0.90%0.89%0.91%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422431111--22285510744
EBITDA-------------$364.00M$663.00M$1.38B$1.50B$759.00M-$916.00M$1.23B$538.00M$1.21B$1.01B$1.34B$212.00M$1.08B$855.00M$816.00M$1.17B
Avg Forecast$1.50B$1.47B$1.45B$1.42B$1.56B$1.91B$1.27B$1.29B$1.12B$1.45B$1.19B$854.29M$1.18B$1.65B$1.24B$675.33M$912.08M$615.34M$1.03B$613.94M$1.09B$559.40M$1.27B$914.51M$1.36B$183.16M$1.19B$1.03B$824.16M$1.23B
High Forecast$1.62B$1.59B$1.56B$1.53B$1.68B$2.06B$1.37B$1.39B$1.21B$1.50B$1.28B$1.03B$1.18B$1.85B$1.33B$810.40M$983.34M$738.40M$1.03B$736.72M$1.31B$671.28M$1.52B$1.10B$1.63B$219.79M$1.43B$1.23B$988.99M$1.48B
Low Forecast$1.43B$1.40B$1.38B$1.35B$1.48B$1.82B$1.21B$1.23B$1.07B$1.36B$1.13B$683.43M$1.17B$1.50B$1.18B$540.26M$868.99M$492.27M$1.03B$491.15M$873.29M$447.52M$1.02B$731.61M$1.08B$146.53M$954.02M$822.53M$659.33M$985.91M
Surprise %-------------0.22%0.54%2.04%1.65%1.23%-1.49%1.13%0.96%0.95%1.11%0.99%1.16%0.91%0.83%0.99%0.95%

4 analysts predict EIX's average Quarter EBITDA for Dec 23 to be $1.18B, with a high of $1.18B and a low of $1.17B. This is 224.71% upper than Edison's previous annual EBITDA (Sep 23) of $364.00M.

Edison Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422431111--22285510744
Net Income-------------$155.00M$354.00M$365.00M$470.00M$-74.00M-$136.00M$571.00M$-297.00M$361.00M$290.00M$552.00M$-242.00M$348.00M$213.00M$173.00M$502.00M
Avg Forecast$394.09M$738.91M$399.02M$804.09M$502.27M$638.07M$496.65M$499.05M$454.18M$557.71M$414.51M$122.17M$451.03M$560.20M$367.73M$96.58M$424.07M$-339.69M$352.37M$87.80M$505.12M$-308.81M$379.23M$261.81M$556.60M$-209.07M$382.49M$256.14M$174.73M$527.42M
High Forecast$434.12M$813.95M$439.55M$885.76M$553.28M$702.87M$547.09M$549.73M$500.31M$612.31M$456.61M$146.60M$462.12M$620.36M$405.08M$115.89M$467.14M$-271.75M$352.37M$105.36M$606.14M$-247.05M$455.08M$314.17M$667.92M$-167.26M$458.98M$307.37M$209.68M$632.90M
Low Forecast$369.89M$693.53M$374.51M$754.71M$471.42M$598.88M$466.15M$468.40M$426.28M$526.51M$389.05M$97.74M$432.55M$507.57M$345.15M$77.26M$398.03M$-407.63M$352.37M$70.24M$404.09M$-370.57M$303.39M$209.44M$445.28M$-250.89M$305.99M$204.91M$139.78M$421.93M
Surprise %-------------0.28%0.96%3.78%1.11%0.22%-1.55%1.13%0.96%0.95%1.11%0.99%1.16%0.91%0.83%0.99%0.95%

Edison's average Quarter net income forecast for Dec 23 is $451.03M, with a range of $432.55M to $462.12M. EIX's average Quarter net income forecast represents a 190.99% increase compared to the company's last Quarter net income of $155.00M (Sep 23).

Edison SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422431111--22285510744
SG&A---------------$148.00M$51.00M$943.00M-$478.00M$54.00M$1.33B$54.00M$53.00M$109.00M$1.38B$83.00M$84.00M$347.00M-
Avg Forecast$414.00M$406.55M$399.23M$392.04M$429.67M$526.17M$350.59M$356.60M$310.19M$398.77M$328.19M$429.39M$325.93M$454.22M$340.71M$339.44M$251.51M$1.52B$282.70M$308.58M$47.77M$1.38B$56.73M$47.85M$109.91M$1.19B$91.23M$101.01M$350.47M$325.74M
High Forecast$446.35M$438.31M$430.42M$422.67M$463.24M$567.28M$377.98M$384.46M$334.42M$412.32M$353.83M$515.27M$326.71M$509.50M$367.33M$407.33M$271.16M$1.82B$282.70M$370.30M$57.32M$1.66B$68.07M$57.42M$131.89M$1.43B$109.47M$121.22M$420.56M$331.80M
Low Forecast$394.45M$387.34M$380.37M$373.52M$409.38M$501.31M$334.03M$339.75M$295.53M$374.22M$312.68M$343.51M$322.04M$413.65M$324.62M$271.55M$239.63M$1.21B$282.70M$246.87M$38.22M$1.10B$45.38M$38.28M$87.93M$955.18M$72.98M$80.81M$280.38M$318.93M
Surprise %---------------0.44%0.20%0.62%-1.55%1.13%0.96%0.95%1.11%0.99%1.16%0.91%0.83%0.99%-

Edison's average Quarter SG&A projection for Jun 23 is $340.71M, based on 1 Wall Street analysts, with a range of $324.62M to $367.33M. The forecast indicates a 130.21% rise compared to EIX last annual SG&A of $148.00M (Mar 23).

Edison EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211112422431111--22285510744
EPS-------------$0.40$0.92$0.81$0.67$-0.19-$0.22$1.50$-0.90$0.84$0.68$1.39$-0.76$0.85$0.50$0.40$1.36
Avg Forecast$1.02$1.90$1.03$2.07$1.29$1.64$1.28$1.29$1.17$1.44$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$1.11$0.83$1.03$1.58
High Forecast$1.12$2.10$1.13$2.28$1.43$1.81$1.41$1.42$1.29$1.58$1.18$1.22$1.19$1.60$1.04$1.08$1.20$1.62$0.92$0.83$1.08$1.79$1.04$0.73$1.23$1.50$1.14$0.85$1.06$1.62
Low Forecast$0.95$1.79$0.97$1.95$1.22$1.54$1.20$1.21$1.10$1.36$1.00$1.04$1.11$1.31$0.89$0.92$1.03$1.38$0.92$0.79$1.02$1.70$0.98$0.70$1.16$1.43$1.08$0.81$1.00$1.54
Surprise %-------------0.28%0.97%0.83%0.61%-0.13%-0.27%1.43%-0.52%0.83%0.95%1.16%-0.52%0.76%0.60%0.39%0.86%

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$40.23$46.5015.59%Buy
CNPCenterPoint Energy$27.93$30.559.38%Hold
DDominion Energy$58.16$62.507.46%Hold
PNMPNM Resources$41.77$44.506.54%Buy
LNTAlliant Energy$59.65$61.002.26%Buy
EVRGEvergy$61.06$61.330.44%Buy
FEFirstEnergy$44.47$44.630.36%Buy
NEENextEra Energy$84.65$83.65-1.18%Buy
PPLPPL$32.46$31.41-3.23%Buy
DUKDuke Energy$117.31$113.50-3.25%Buy
EIXEdison$85.42$82.63-3.27%Hold
AEPAmerican Electric Power Company$104.17$99.20-4.77%Buy
ETREntergy$127.09$119.63-5.87%Buy
CMSCMS Energy$70.09$65.85-6.05%Buy
PEGPublic Service Enterprise Group$84.16$78.43-6.81%Buy
EDConsolidated Edison$104.56$88.60-15.26%Hold
SOSouthern Company$89.44$75.27-15.84%Buy
PNWPinnacle West Capital$90.70$72.67-19.88%Buy

EIX Forecast FAQ


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.

Edison (EIX) average price target is $82.63 with a range of $59 to $97, implying a -3.27% from its last price of $85.42. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for EIX stock, the company can go down by -3.27% (from the last price of $85.42 to the average price target of $82.63), up by 13.56% based on the highest stock price target, and down by -30.93% based on the lowest stock price target.

EIX's average twelve months analyst stock price target of $82.63 does not support the claim that Edison can reach $130 in the near future.

4 Wall Street analysts forecast a $87.5 price target for Edison (EIX) this month, up 2.44% from its last price of $85.42. Compared to the last 3 and 12 months, the average price target increased by 1.15% and decreased by -0.88%, respectively.

Edison's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $20.89B (high $22.52B, low $19.9B), average EBITDA is $6.03B (high $6.5B, low $5.75B), average net income is $2.14B (high $2.35B, low $2B), average SG&A $1.66B (high $1.79B, low $1.58B), and average EPS is $5.51 (high $6.06, low $5.17). EIX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $20.24B (high $21.83B, low $19.29B), average EBITDA is $5.85B (high $6.3B, low $5.57B), average net income is $2.34B (high $2.57B, low $2.19B), average SG&A $1.61B (high $1.74B, low $1.54B), and average EPS is $6.02 (high $6.63, low $5.65).

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 $3.17B by 42.52%. The company's net income was $824M, beating the average estimation of $524.55M by 57.09%. Apple's SG&A was $1.53B, missing the average forecast of $2.36B by -35.31%. 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 -77.90%. Edison's net income was $155M, missing the average estimation of $560.2M by -72.33%. The company's SG&A was $0, missing the average forecast of $454.22M by -100.00%. Lastly, the company's EPS was $0.4, missing the average prediction of $1.44 by -72.30%