Eversource Energy

ES · NYSE

$65.44+$0.96 (+1.49%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $64.48

ES analyst rating

HoldConsensus of 12 analysts over the last 12 months. 25% rate it a buy.

Strong buy0
Buy3
Hold6
Underperform3
Sell0

12-month price target · 16 analysts

Average $74.75 (+14.2% upside)

Low: $52.52
Now: $65.44
High: $89.25

Upgrades and downgrades

The latest rating actions, newest first

ES analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 19, 2026	Maintains	Underweight	$73.00 → $68.00	57%
Mizuho	Aug 3, 2026	Maintains	Neutral	$70.00 → $74.00	57%
Citigroup	Jul 27, 2026	Initiates	Neutral	$81.00	59%
BMO Capital	Jul 22, 2026	Maintains	Market Perform	$73.00 → $72.00	59%
Wells Fargo	Jul 2, 2026	Maintains	Overweight	$75.00 → $76.00	52%
Argus Research	Jun 11, 2026	Downgrade	Buy → Hold	—	47%
BMO Capital	May 11, 2026	Maintains	Market Perform	$75.00 → $73.00	59%
Wells Fargo	May 8, 2026	Maintains	Overweight	$74.00 → $75.00	52%
Scotiabank	Apr 21, 2026	Maintains	Sector Underperform	$66.00 → $63.00	60%
Seaport Global	Apr 20, 2026	Downgrade	Buy → Neutral	—	58%

The case for and against

Updated May 5, 2026

Bull case

Eversource Energy is instituting measures to protect its credit metrics with equity and equity-like instruments, including a planned $800MM in equity in late 2027 and a potential additional issuance of up to $1.1B through its ATM in 2026-2029. This could result in a lower EPS and DPS growth trajectory for 2026-2029, potentially below management's targets, due to the need to manage equity requirements.

Bear case

Eversource Energy is facing multiple challenges that could negatively impact its future earnings potential. These include a reduction in base electric transmission Return on Equity (ROE), a pending refund for over-earning in electric transmission, potential further decreases in electric transmission ROE, and delays in the sale of Aquarion Water. Additionally, regulatory relationships in Connecticut could pose challenges for future rate cases. These factors, combined with a lower valuation compared to other electric utilities, contribute to a negative outlook for the company's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.