Eversource Energy (ES) Stock Forecast, Price Target & Predictions

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ES Stock Forecast

Eversource Energy stock forecast is as follows: an average price target of $79.82 (represents a 31.20% upside from ES’s last price of $60.84) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

ES Price Target

The average price target for Eversource Energy (ES) is $79.82 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $98.00 to $67.00. This represents a potential 31.20% upside from ES's last price of $60.84.

ES Analyst Ratings

Buy

According to 12 Wall Street analysts, Eversource Energy's rating consensus is 'Buy'. The analyst rating breakdown for ES stock is 0 'Strong Buy' (0.00%), 7 'Buy' (58.33%), 5 'Hold' (41.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Eversource Energy Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 15, 2024	James Thalacker	BMO Capital	$72.00	$64.02	12.46%	18.34%
Oct 03, 2024	James Thalacker	BMO Capital	$74.00	$66.43	11.40%	21.63%
Aug 29, 2024	Paul Cole	Bank of America Securities	$68.00	$66.13	2.83%	11.77%
Aug 23, 2024	David Arcaro	Morgan Stanley	$75.00	$67.28	11.47%	23.27%
Aug 16, 2024	Marie Ferguson	Argus Research	$73.00	$64.85	12.57%	19.99%
Aug 05, 2024	James Thalacker	BMO Capital	$73.00	$67.11	8.78%	19.99%
May 03, 2024	James Thalacker	BMO Capital	$66.00	$60.75	8.64%	8.48%
Apr 04, 2024	Ross Fowler	UBS	$67.00	$58.95	13.66%	10.12%
Jan 22, 2024	Shahriar Pourreza	Guggenheim	$72.00	$52.78	36.42%	18.34%
Dec 15, 2022	-	Morgan Stanley	$89.00	$84.13	5.79%	46.29%

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The latest Eversource Energy stock forecast, released on Oct 15, 2024 by James Thalacker from BMO Capital, set a price target of $72.00, which represents a 12.46% increase from the stock price at the time of the forecast ($64.02), and a 18.34% increase from ES last price ($60.84).

Eversource Energy Price Target by Period

	1M	3M	12M
# Anlaysts	1	5	9
Avg Price Target	$72.00	$72.40	$71.11
Last Closing Price	$60.84	$60.84	$60.84
Upside/Downside	18.34%	19.00%	16.88%

In the current month, the average price target of Eversource Energy stock is $72.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.34% increase as opposed to Eversource Energy's last price of $60.84. This month's average price target is down -0.55% compared to last quarter, and up 1.25% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 15, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Oct 03, 2024	BMO Capital	Market Perform	Market Perform	Hold
Aug 23, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Aug 20, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
Aug 05, 2024	BMO Capital	Market Perform	Market Perform	Hold
Jul 22, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Jul 08, 2024	Wells Fargo	Overweight	Overweight	Hold
Jun 25, 2024	Bank of America Securities	-	Neutral	Upgrade
May 28, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
May 16, 2024	Goldman Sachs	Buy	Buy	Hold

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Eversource Energy's last stock rating was published by Barclays on Oct 15, 2024. The company gave ES a "Equal-Weight" rating, the same as its previous rate.

Eversource Energy Financial Forecast

Eversource Energy 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	Sep 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.69B	$2.79T	$2.63B	$3.80B	$3.03B	$3.22B	$2.57B	$3.47B	$2.48B	$2.43B
Avg Forecast	$3.44B	$3.34B	$3.03B	$3.87B	$3.37B	$3.27B	$2.97B	$3.79B	$3.39B	$3.25B	$2.95B	$3.77B	$3.30B	$3.15B	$2.69B	$3.41B	$3.21B	$3.06B	$2.90B	$3.69B	$3.00B	$3.12B	$2.94B	$3.22B	$1.98B	$2.65B	$2.31B	$2.86B	$2.12B	$2.46B
High Forecast	$3.85B	$3.74B	$3.39B	$4.33B	$3.77B	$3.66B	$3.32B	$4.24B	$3.79B	$3.64B	$3.30B	$4.22B	$3.70B	$3.53B	$3.02B	$3.62B	$3.54B	$3.07B	$2.90B	$3.69B	$3.34B	$3.40B	$3.29B	$3.61B	$2.22B	$2.65B	$2.31B	$2.86B	$2.12B	$2.46B
Low Forecast	$3.01B	$2.92B	$2.64B	$3.38B	$2.94B	$2.85B	$2.59B	$3.30B	$2.96B	$2.84B	$2.58B	$3.29B	$2.88B	$2.75B	$2.35B	$3.20B	$2.80B	$3.06B	$2.90B	$3.69B	$2.76B	$2.96B	$2.57B	$2.81B	$1.73B	$2.65B	$2.31B	$2.86B	$2.12B	$2.46B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	1	1	3	3	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.90%	895.06%	0.89%	1.18%	1.53%	1.21%	1.11%	1.21%	1.17%	0.99%

Eversource Energy's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.69B, with a low forecast of $3.69B, and a high forecast of $3.69B. ES's average Quarter revenue forecast represents a 37.04% increase compared to the company's last Quarter revenue of $2.69B (Dec 23).

Eversource Energy 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	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	1	1	3	3	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$850.25M	$530.55B	$757.11M	$1.08B	$951.86M	$1.06B	$914.08M	$1.26B	$861.55M	$847.30M
Avg Forecast	$1.16B	$1.13B	$1.02B	$1.31B	$1.14B	$1.10B	$1.00B	$1.28B	$1.14B	$1.10B	$995.56M	$1.27B	$1.11B	$1.06B	$909.14M	$1.15B	$1.08B	$1.03B	$979.59M	$1.40B	$1.01B	$1.05B	$992.04M	$1.27B	$968.08M	$893.08M	$780.05M	$1.15B	$714.15M	$829.89M
High Forecast	$1.30B	$1.26B	$1.14B	$1.46B	$1.27B	$1.23B	$1.12B	$1.43B	$1.28B	$1.23B	$1.11B	$1.42B	$1.25B	$1.19B	$1.02B	$1.22B	$1.19B	$1.04B	$979.59M	$1.68B	$1.13B	$1.15B	$1.11B	$1.52B	$1.16B	$893.08M	$780.05M	$1.38B	$714.15M	$829.89M
Low Forecast	$1.01B	$983.76M	$892.33M	$1.14B	$991.39M	$962.20M	$874.71M	$1.11B	$998.68M	$956.99M	$868.94M	$1.11B	$973.16M	$927.78M	$793.51M	$1.08B	$944.50M	$1.03B	$979.59M	$1.12B	$931.80M	$997.25M	$865.87M	$1.02B	$774.47M	$893.08M	$780.05M	$923.28M	$714.15M	$829.89M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.84%	504.16%	0.76%	0.85%	0.98%	1.19%	1.17%	1.09%	1.21%	1.02%

1 analysts predict ES's average Quarter EBITDA for Mar 24 to be $1.40B, with a high of $1.68B and a low of $1.12B. This is 64.24% upper than Eversource Energy's previous annual EBITDA (Dec 23) of $850.25M.

Eversource Energy 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	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	1	1	3	3	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-1.29B	$339.66B	$15.42M	$491.16M	$320.16M	$349.41M	$291.86M	$443.45M	$308.58M	$283.17M
Avg Forecast	$494.73M	$496.85M	$375.70M	$674.75M	$485.12M	$535.06M	$408.90M	$657.12M	$407.14M	$470.11M	$389.80M	$555.89M	$410.83M	$372.16M	$343.34M	$505.68M	$367.12M	$390.12M	$343.77M	$491.86M	$350.30M	$353.15M	$327.09M	$447.14M	$344.62M	$363.40M	$296.44M	$406.49M	$326.93M	$371.62M
High Forecast	$571.32M	$573.77M	$433.86M	$779.21M	$560.22M	$617.89M	$472.20M	$758.85M	$470.17M	$542.89M	$450.15M	$641.95M	$474.43M	$429.77M	$396.49M	$519.17M	$447.54M	$397.36M	$344.77M	$590.23M	$404.53M	$385.26M	$377.73M	$536.57M	$413.55M	$363.40M	$296.44M	$487.79M	$326.93M	$371.62M
Low Forecast	$412.93M	$414.70M	$313.58M	$563.18M	$404.91M	$446.59M	$341.29M	$548.47M	$339.83M	$392.38M	$325.35M	$463.98M	$342.90M	$310.62M	$286.57M	$488.82M	$335.66M	$382.89M	$342.76M	$393.48M	$292.38M	$306.78M	$273.00M	$357.71M	$275.70M	$363.40M	$296.44M	$325.19M	$326.93M	$371.62M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.68%	961.80%	0.05%	1.10%	0.93%	0.96%	0.98%	1.09%	0.94%	0.76%

Eversource Energy's average Quarter net income forecast for Dec 23 is $350.30M, with a range of $292.38M to $404.53M. ES's average Quarter net income forecast represents a -99.90% decrease compared to the company's last Quarter net income of $339.66B (Sep 23).

Eversource Energy 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	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	1	1	3	3	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-19.94M	$-19.34M	$-17.54M	$-22.39M	$-19.49M	$-18.91M	$-17.19M	$-21.91M	$-19.63M	$-18.81M	$-17.08M	$-21.83M	$-19.13M	$-18.24M	$-15.60M	$-19.73M	$-18.56M	$-17.74M	$-16.81M	$-21.37M	$-17.36M	$-18.05M	$-17.02M	$-18.67M	$-11.47M	$-15.32M	$-13.38M	$-16.55M	$-12.25M	$-14.24M
High Forecast	$-17.40M	$-16.88M	$-15.31M	$-19.54M	$-17.01M	$-16.51M	$-15.01M	$-19.13M	$-17.13M	$-16.42M	$-14.91M	$-19.05M	$-16.69M	$-15.92M	$-13.61M	$-18.50M	$-16.20M	$-17.73M	$-16.81M	$-21.37M	$-15.99M	$-17.11M	$-14.85M	$-16.29M	$-10.01M	$-15.32M	$-13.38M	$-16.55M	$-12.25M	$-14.24M
Low Forecast	$-22.31M	$-21.64M	$-19.63M	$-25.06M	$-21.81M	$-21.16M	$-19.24M	$-24.52M	$-21.97M	$-21.05M	$-19.11M	$-24.43M	$-21.41M	$-20.41M	$-17.45M	$-20.96M	$-20.49M	$-17.76M	$-16.81M	$-21.37M	$-19.35M	$-19.66M	$-19.05M	$-20.89M	$-12.84M	$-15.32M	$-13.38M	$-16.55M	$-12.25M	$-14.24M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Eversource Energy'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 ES last annual SG&A of $NaN (undefined).

Eversource Energy 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	Sep 21
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	3	1	1	1	3	3	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-3.68	$971.29	$0.04	$1.41	$0.92	$1.01	$0.84	$1.28	$0.90	$0.82
Avg Forecast	$1.37	$1.38	$1.04	$1.88	$1.35	$1.49	$1.14	$1.83	$1.13	$1.31	$1.08	$1.54	$1.14	$1.03	$0.95	$1.41	$1.02	$1.08	$0.96	$1.48	$0.97	$0.98	$0.91	$1.34	$0.94	$1.03	$0.84	$1.19	$0.93	$1.05
High Forecast	$1.59	$1.59	$1.21	$2.17	$1.56	$1.72	$1.31	$2.11	$1.31	$1.51	$1.25	$1.78	$1.32	$1.19	$1.10	$1.44	$1.24	$1.10	$0.96	$1.53	$1.12	$1.07	$1.05	$1.39	$1.09	$1.03	$0.84	$1.19	$0.93	$1.05
Low Forecast	$1.15	$1.15	$0.87	$1.57	$1.13	$1.24	$0.95	$1.52	$0.94	$1.09	$0.90	$1.29	$0.95	$0.86	$0.80	$1.36	$0.93	$1.06	$0.95	$1.43	$0.81	$0.85	$0.76	$1.30	$0.78	$1.03	$0.84	$1.19	$0.93	$1.05
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.78%	989.62%	0.04%	1.05%	0.98%	0.98%	1.00%	1.07%	0.97%	0.78%

According to 3 Wall Street analysts, Eversource Energy's projected average Quarter EPS for Dec 23 is $0.97, with a low estimate of $0.81 and a high estimate of $1.12. This represents a -99.90% decrease compared to ES previous annual EPS of $971.29 (Sep 23).

Eversource Energy Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ES	Eversource Energy	$60.84	$79.82	31.20%	Buy
EXC	Exelon	$38.14	$46.45	21.79%	Buy
DTE	DTE Energy Company	$118.62	$135.00	13.81%	Buy
FE	FirstEnergy	$41.22	$46.80	13.54%	Hold
LNT	Alliant Energy	$60.14	$63.38	5.39%	Buy
EIX	Edison	$82.18	$84.78	3.16%	Hold
XEL	Xcel Energy	$68.65	$70.00	1.97%	Buy
CNP	CenterPoint Energy	$30.41	$31.00	1.94%	Hold
CMS	CMS Energy	$67.69	$67.50	-0.28%	Buy
AEE	Ameren	$91.39	$90.08	-1.43%	Buy
ED	Consolidated Edison	$95.41	$92.91	-2.62%	Hold
PEG	Public Service Enterprise Group	$87.01	$81.29	-6.57%	Buy
ETR	Entergy	$147.61	$127.67	-13.51%	Buy
PNW	Pinnacle West Capital	$91.22	$75.89	-16.81%	Buy

ES Forecast FAQ

Is Eversource Energy a good buy?

Yes, according to 12 Wall Street analysts, Eversource Energy (ES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 58.33% of ES's total ratings.

What is ES's price target?

Eversource Energy (ES) average price target is $79.82 with a range of $67 to $98, implying a 31.20% from its last price of $60.84. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Eversource Energy stock go up soon?

According to Wall Street analysts' prediction for ES stock, the company can go up by 31.20% (from the last price of $60.84 to the average price target of $79.82), up by 61.08% based on the highest stock price target, and up by 10.12% based on the lowest stock price target.

Can Eversource Energy stock reach $90?

ES's highest twelve months analyst stock price target of $98 supports the claim that Eversource Energy can reach $90 in the near future.

What is Eversource Energy's current price target trend?

1 Wall Street analyst forecast a $72 price target for Eversource Energy (ES) this month, up 18.34% from its last price of $60.84. Compared to the last 3 and 12 months, the average price target increased by 19.00% and increased by 16.88%, respectively.

What are Eversource Energy's analysts' financial forecasts?

Eversource Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $13.39B (high $14.98B, low $11.69B), average EBITDA is $4.52B (high $5.06B, low $3.94B), average net income is $2.09B (high $2.41B, low $1.74B), average SG&A $-77.503M (high $-67.646M, low $-86.733M), and average EPS is $5.8 (high $6.7, low $4.84). ES's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $13.68B (high $15.31B, low $11.94B), average EBITDA is $4.62B (high $5.17B, low $4.03B), average net income is $2.04B (high $2.36B, low $1.7B), average SG&A $-79.203M (high $-69.129M, low $-88.634M), and average EPS is $5.68 (high $6.55, low $4.74).

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

Based on Eversource Energy's last annual report (Dec 2023), the company's revenue was $11.91T, beating the average analysts forecast of $12.28B by 96868.88%. Apple's EBITDA was $2.4T, beating the average prediction of $4.33B by 55362.78%. The company's net income was $-442B, missing the average estimation of $1.48B by -30027.91%. Apple's SG&A was $0, missing the average forecast of $-71.102M by -100.00%. Lastly, the company's EPS was $-0.0013, missing the average prediction of $4.21 by -100.03%. In terms of the last quarterly report (Dec 2023), Eversource Energy's revenue was $2.69B, missing the average analysts' forecast of $3B by -10.18%. The company's EBITDA was $850.25M, missing the average prediction of $1.01B by -15.99%. Eversource Energy's net income was $-1.288B, missing the average estimation of $350.3M by -467.82%. The company's SG&A was $0, missing the average forecast of $-17.363M by -100.00%. Lastly, the company's EPS was $-3.68, missing the average prediction of $0.974 by -478.00%