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

OverviewForecast
EarningsDividendOwnership

Analyst price target for ED

Based on 8 analysts offering 12 month price targets for Consolidated Edison Inc.
Min Forecast
$73.00-20.45%
Avg Forecast
$87.94-4.18%
Max Forecast
$94.00+2.43%

Should I buy or sell ED stock?

Based on 8 analysts offering ratings for Consolidated Edison Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
5 analysts 62.5%
Sell
1 analysts 12.5%
Strong Sell
2 analysts 25%

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ED stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-02-16
lockedlocked$00.00+00.00%2024-01-22
Ladenburg Thalmann
Top 21%
80
HoldInitiates Coverage On$92.50+0.80%2024-01-03
JP Morgan
Bottom 30%
30
Strong SellMaintains$87.00-5.20%2023-11-29
Morgan Stanley
Top 13%
88
Strong SellMaintains$73.00-20.45%2023-11-21

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Forecast return on equity

Is ED forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36%

Forecast return on assets

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

ED revenue forecast

What is ED's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$15.2B+3.9%
Avg 2 year Forecast
$15.7B+6.94%
Avg 3 year Forecast
$15.9B+8.68%
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
-9.35%
Industry
8.76%
Market
21.89%
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
2.9%
Industry
3.79%
Market
10.06%
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$91.77$87.94-4.18%Sell
PEG$65.74$68.70+4.50%Strong Buy
XEL$54.72$61.82+12.97%Buy
EIX$69.93$72.13+3.14%Buy
EXC$37.55$38.50+2.53%Buy
View Top Regulated Electric Utility Stocks

Consolidated Edison Stock Forecast FAQ

Is Consolidated Edison Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: ED) stock is to Sell ED stock.

Out of 8 analysts, 0 (0%) are recommending ED as a Strong Buy, 0 (0%) are recommending ED as a Buy, 5 (62.5%) are recommending ED as a Hold, 1 (12.5%) are recommending ED as a Sell, and 2 (25%) 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 revenue growth forecast for 2024-2026?

(NYSE: ED) Consolidated Edison's forecast annual revenue growth rate of 2.9% is not forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.79%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.06%.

Consolidated Edison's revenue in 2024 is $14,663,000,000.On average, 4 Wall Street analysts forecast ED's revenue for 2024 to be $5,263,611,411,994, with the lowest ED revenue forecast at $5,128,163,533,111, and the highest ED revenue forecast at $5,407,803,804,251. On average, 4 Wall Street analysts forecast ED's revenue for 2025 to be $5,417,762,439,875, with the lowest ED revenue forecast at $5,328,732,106,107, and the highest ED revenue forecast at $5,583,678,775,331.

In 2026, ED is forecast to generate $5,505,778,356,192 in revenue, with the lowest revenue forecast at $5,473,155,299,065 and the highest revenue forecast at $5,538,560,347,933.

What is ED's forecast return on assets (ROA) for 2024-2027?

(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 8 Wall Street analysts that have issued a 1 year ED price target, the average ED price target is $87.94, with the highest ED stock price forecast at $94.00 and the lowest ED stock price forecast at $73.00.

On average, Wall Street analysts predict that Consolidated Edison's share price could fall to $87.94 by Mar 14, 2025. The average Consolidated Edison stock price prediction forecasts a potential downside of 4.18% from the current ED share price of $91.77.

What is ED's forecast return on equity (ROE) for 2024-2027?

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