National Grid (NGG) Stock Forecast, Price Target & Predictions


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NGG Stock Forecast


National Grid stock forecast is as follows: an average price target of $73.00 (represents a 24.30% upside from NGG’s last price of $58.73) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

NGG Price Target


The average price target for National Grid (NGG) is $73.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $73.00 to $73.00. This represents a potential 24.30% upside from NGG's last price of $58.73.

NGG Analyst Ratings


Buy

According to 9 Wall Street analysts, National Grid's rating consensus is 'Buy'. The analyst rating breakdown for NGG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 3 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

National Grid Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Lee ZhaoCFRA$73.00$66.679.49%24.30%

The latest National Grid stock forecast, released on Aug 27, 2024 by Lee Zhao from CFRA, set a price target of $73.00, which represents a 9.49% increase from the stock price at the time of the forecast ($66.67), and a 24.30% increase from NGG last price ($58.73).

National Grid Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$73.00
Last Closing Price$58.73$58.73$58.73
Upside/Downside-100.00%-100.00%24.30%

In the current month, the average price target of National Grid stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to National Grid's last price of $58.73. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 03, 2024CitigroupBuyNeutralDowngrade
Aug 27, 2024CFRAHoldHoldHold
Aug 02, 2024Morgan StanleyOverweightOverweightHold
Jun 12, 2024Goldman SachsBuyUpgrade
Jun 03, 2024CitigroupBuyUpgrade
May 28, 2024RBC CapitalOutperformOutperformHold
May 13, 2024BarclaysOverweightOverweightHold
Apr 02, 2024Exane BNP ParibasOutperformUpgrade
Nov 15, 2022Societe GeneraleBuyUpgrade
Apr 25, 2022National BankHoldDowngrade

National Grid's last stock rating was published by Citigroup on Oct 03, 2024. The company Downgrade its NGG rating from "Buy" to "Neutral".

National Grid Financial Forecast


National Grid Revenue Forecast

Oct 24Jul 24Mar 24Oct 23
Revenue----
Avg Forecast$11.89B$11.62B$11.21B$9.13B
High Forecast$11.89B$11.62B$11.21B$9.13B
Low Forecast$11.89B$11.62B$11.21B$9.13B
# Analysts1111
Surprise %----

National Grid's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. NGG's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

National Grid EBITDA Forecast

Oct 24Jul 24Mar 24Oct 23
# Analysts1111
EBITDA----
Avg Forecast$3.52B$3.44B$3.32B$2.70B
High Forecast$3.52B$3.44B$3.32B$2.70B
Low Forecast$3.52B$3.44B$3.32B$2.70B
Surprise %----

undefined analysts predict NGG's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than National Grid's previous annual EBITDA (undefined) of $NaN.

National Grid Net Income Forecast

Oct 24Jul 24Mar 24Oct 23
# Analysts1111
Net Income----
Avg Forecast$4.37B$3.90B$8.51B$4.36B
High Forecast$4.37B$3.90B$8.51B$4.43B
Low Forecast$4.37B$3.90B$8.51B$4.30B
Surprise %----

National Grid's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NGG's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

National Grid SG&A Forecast

Oct 24Jul 24Mar 24Oct 23
# Analysts1111
SG&A----
Avg Forecast$2.31B$2.26B$2.18B$1.77B
High Forecast$2.31B$2.26B$2.18B$1.77B
Low Forecast$2.31B$2.26B$2.18B$1.77B
Surprise %----

National Grid'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 NGG last annual SG&A of $NaN (undefined).

National Grid EPS Forecast

Oct 24Jul 24Mar 24Oct 23
# Analysts1111
EPS----
Avg Forecast$1.18$1.05$2.29$1.17
High Forecast$1.18$1.05$2.29$1.19
Low Forecast$1.18$1.05$2.29$1.16
Surprise %----

According to undefined Wall Street analysts, National Grid's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NGG previous annual EPS of $NaN (undefined).

National Grid Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
EXCExelon$36.52$46.0025.96%Buy
NGGNational Grid$59.40$73.0022.90%Buy
FEFirstEnergy$39.84$47.6719.65%Hold
PPLPPL$32.26$36.5013.14%Buy
AEPAmerican Electric Power Company$91.92$104.0013.14%Hold
DUKDuke Energy$107.89$121.0012.15%Buy
EIXEdison$80.50$89.0010.56%Hold
EDConsolidated Edison$90.84$99.839.90%Hold
CMSCMS Energy$67.04$73.409.49%Buy
DDominion Energy$53.59$58.609.35%Hold
PNWPinnacle West Capital$86.10$90.675.31%Buy
SOSouthern Company$83.28$86.503.87%Hold
CNPCenterPoint Energy$31.71$32.000.91%Hold
PEGPublic Service Enterprise Group$85.45$84.25-1.40%Buy

NGG Forecast FAQ


Is National Grid a good buy?

Yes, according to 9 Wall Street analysts, National Grid (NGG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of NGG's total ratings.

What is NGG's price target?

National Grid (NGG) average price target is $73 with a range of $73 to $73, implying a 24.30% from its last price of $58.73. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will National Grid stock go up soon?

According to Wall Street analysts' prediction for NGG stock, the company can go up by 24.30% (from the last price of $58.73 to the average price target of $73), up by 24.30% based on the highest stock price target, and up by 24.30% based on the lowest stock price target.

Can National Grid stock reach $90?

NGG's average twelve months analyst stock price target of $73 does not support the claim that National Grid can reach $90 in the near future.

What are National Grid's analysts' financial forecasts?

NGG's analysts financial forecasts for the fiscal year (Mar 2024) are as follows: average revenue is $20.34B (high $20.34B, low $20.34B), average EBITDA is $6.02B (high $6.02B, low $6.02B), average net income is $12.87B (high $12.93B, low $12.81B), average SG&A $3.95B (high $3.95B, low $3.95B), and average EPS is $3.46 (high $3.48, low $3.45).