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NYSE: ED
Consolidated Edison Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ED

Based on 13 analysts offering 12 month price targets for Consolidated Edison Inc.
Min Forecast
$70.00-26.8%
Avg Forecast
$88.00-7.98%
Max Forecast
$103.00+7.71%

Should I buy or sell ED stock?

Based on 13 analysts offering ratings for Consolidated Edison Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
7 analysts 53.85%
Sell
0 analysts 0%
Strong Sell
6 analysts 46.15%

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ED stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 15%
86
HoldMaintains$95.00-0.66%2023-02-27
Morgan Stanley
Top 6%
95
Strong SellMaintains$76.00-20.53%2023-02-22
Citigroup
Bottom 16%
16
HoldMaintains$103.00+7.71%2023-02-22
Mizuho
Top 43%
58
HoldMaintains$92.00-3.80%2023-02-17
Credit Suisse
Top 24%
77
HoldMaintains$91.00-4.84%2023-02-17
JP Morgan
Top 33%
68
Strong SellMaintains$87.00-9.02%2023-02-02
Evercore ISI Group
Top 29%
72
HoldUpgrades$92.00-3.80%2023-01-24
Morgan Stanley
Bottom 13%
13
Strong SellMaintains$79.00-17.39%2023-01-23
KeyBanc
Bottom 29%
29
Strong SellMaintains$70.00-26.80%2023-01-17
Bank of America
Top 6%
95
HoldUpgrades$95.00-0.66%2022-11-30

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Forecast return on equity

Is ED forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
29.08%

Forecast return on assets

Is ED forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ED earnings per share forecast

What is ED's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$4.82+2.99%
Avg 2 year Forecast
$5.08+8.55%
Avg 3 year Forecast
$5.24+11.97%
ED's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ED revenue forecast

What is ED's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$15.1B-3.77%
Avg 2 year Forecast
$15.7B+0.08%
Avg 3 year Forecast
$16.7B+6.49%
ED's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ED earnings growth forecast

How is ED forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
4.09%
Industry
15.31%
Market
19.45%
ED's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ED's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ED's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ED revenue growth forecast

How is ED forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
1.81%
Industry
4.12%
Market
8.82%
ED's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ED's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ED vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
ED$95.63$88.00-7.98%Sell
XEL$66.88$70.91+6.02%Buy
WEC$94.25$100.00+6.10%Buy
PCG$16.10$17.33+7.66%Buy
ES$75.91$90.00+18.56%Buy
View Top Regulated Electric Utility Stocks

Consolidated Edison Stock Forecast FAQ

Is Consolidated Edison Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: ED) stock is to Sell ED stock.

Out of 13 analysts, 0 (0%) are recommending ED as a Strong Buy, 0 (0%) are recommending ED as a Buy, 7 (53.85%) are recommending ED as a Hold, 0 (0%) are recommending ED as a Sell, and 6 (46.15%) are recommending ED as a Strong Sell.

If you're new to stock investing, here's how to buy Consolidated Edison stock.

What is ED's earnings growth forecast for 2023-2025?

(NYSE: ED) Consolidated Edison's forecast annual earnings growth rate of 4.09% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast earnings growth rate of 15.31%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.45%.

Consolidated Edison's earnings in 2023 is $1,660,000,000.On average, 4 Wall Street analysts forecast ED's earnings for 2023 to be $1,711,317,001, with the lowest ED earnings forecast at $1,693,564,750, and the highest ED earnings forecast at $1,739,720,603. On average, 3 Wall Street analysts forecast ED's earnings for 2024 to be $1,803,628,707, with the lowest ED earnings forecast at $1,782,326,005, and the highest ED earnings forecast at $1,824,931,408.

In 2025, ED is forecast to generate $1,860,435,910 in earnings, with the lowest earnings forecast at $1,860,435,910 and the highest earnings forecast at $1,860,435,910.

What is ED's revenue growth forecast for 2023-2025?

(NYSE: ED) Consolidated Edison's forecast annual revenue growth rate of 1.81% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 4.12%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.82%.

Consolidated Edison's revenue in 2023 is $15,670,000,000.On average, 3 Wall Street analysts forecast ED's revenue for 2023 to be $5,353,708,959,768, with the lowest ED revenue forecast at $5,306,490,102,245, and the highest ED revenue forecast at $5,387,314,681,096. On average, 3 Wall Street analysts forecast ED's revenue for 2024 to be $5,568,097,570,024, with the lowest ED revenue forecast at $5,508,161,354,894, and the highest ED revenue forecast at $5,645,854,914,938.

In 2025, ED is forecast to generate $5,924,600,760,925 in revenue, with the lowest revenue forecast at $5,924,600,760,925 and the highest revenue forecast at $5,924,600,760,925.

What is ED's forecast return on assets (ROA) for 2023-2026?

(NYSE: ED) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of N/A.

What is ED's Price Target?

According to 13 Wall Street analysts that have issued a 1 year ED price target, the average ED price target is $88.00, with the highest ED stock price forecast at $103.00 and the lowest ED stock price forecast at $70.00.

On average, Wall Street analysts predict that Consolidated Edison's share price could fall to $88.00 by Feb 27, 2024. The average Consolidated Edison stock price prediction forecasts a potential downside of 7.98% from the current ED share price of $95.63.

What is ED's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: ED) Consolidated Edison's current Earnings Per Share (EPS) is $4.68. On average, analysts forecast that ED's EPS will be $4.82 for 2023, with the lowest EPS forecast at $4.77, and the highest EPS forecast at $4.90. On average, analysts forecast that ED's EPS will be $5.08 for 2024, with the lowest EPS forecast at $5.02, and the highest EPS forecast at $5.14. In 2025, ED's EPS is forecast to hit $5.24 (min: $5.24, max: $5.24).

What is ED's forecast return on equity (ROE) for 2023-2026?

(NYSE: ED) forecast ROE is N/A, which is considered weak.
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