Eversource Energy (D/B/A)NYSE: ES
Utilities · Electric Utilities
$71.22
+0.74%
Vol: 1.5M
Research Digest
Friday, May 1, 2026
Eversource named America's Most Trustworthy Company; summer ruling on $1.28B storm costs
Eversource Energy was named one of America's Most Trustworthy Companies by Newsweek in April 2026. Connecticut regulators are on track for a final decision in summer 2026 on Eversource's request to collect $1.28B from ratepayers for storm restoration costs. Company doubled 2025 profits to $1.69B ($4.56/share). Plans to boost electric grid modernization spending by 10% over next five years. J.P. Morgan maintains Sell rating.
Previous Market Intelligence
13 daysApr 30Eversource Energy named one of America's Most Trustworthy Companies April 23; faces analyst downgrades and FERC ROE refund dispute.Negative▶
Eversource Energy was named one of America's Most Trustworthy Companies by Newsweek and Statista on April 23. BofA analyst Ross Fowler lowered price target to $72 from $73 on April 22 while maintaining Buy, estimating Q1 adjusted EPS of $1.58. Seaport Research downgraded to Neutral from Buy on April 20, and Scotiabank lowered target to $63 from $66 on April 21. J.P. Morgan maintains Sell while Goldman Sachs keeps Buy rating. The utility faces headwinds from Eversource and Avangrid disputing a FERC return on equity decision, claiming customers owe $1.5B in refunds back to 2011. The company backed out of three solar contracts in late March, citing overpriced clean-energy procurement.
Apr 29Eversource Energy faces recent analyst downgrades amid FERC ruling; company guides 2026 EPS of $4.80-$4.95.Negative▶
Eversource Energy is facing headwinds from multiple analyst downgrades following a recent FERC ruling that has prompted several major firms to cut price targets, including Wells Fargo, UBS, BofA, and Scotiabank. J.P. Morgan maintains a Sell rating on the stock. However, the company maintains a positive long-term growth outlook with 2026 EPS guidance of $4.80-$4.95. The company announced it will boost spending on electric-grid modernization by approximately 10 percent over the next five years. Q1 earnings are scheduled for release on May 6, 2026.
Apr 16Eversource reports 2025 net income of $1.69B, up 108% from 2024, amid regulatory ROE reduction challenges.Positive▶
Eversource Energy reported full-year 2025 earnings of $1.69 billion, or $4.56 per share, more than doubling from $811.7 million and $2.27 per share in 2024. The utility serving 4 million customers across Massachusetts, New Hampshire, and Connecticut nearly doubled profits despite facing severe regulatory headwinds. A Federal Energy Regulatory Commission ruling reduced the company's transmission return on equity, prompting analyst price target reductions. Wells Fargo lowered its target to $74 from $78 on April 1, 2026, while Bank of America Securities and Goldman Sachs maintained Buy ratings. Eversource plans to boost electric-grid modernization spending by 10% over five years. The stock trades at $68.68 with a 4.4% dividend yield and 15.33 P/E multiple.
Apr 15FERC ruling cuts Eversource allowed returns, reducing 2026 after-tax earnings by $70M; multiple analysts trim price targets.Negative▶
FERC decision to lower allowed returns for New England transmission owners will reduce Eversource Energy's 2026 after-tax earnings by approximately $70 million. Multiple analysts adjusted price targets: Wells Fargo cut from $78 to $74, BofA lowered from $82 to $73, UBS trimmed from $80 to $74, Mizuho reduced from $75 to $70. FY 2026 EPS guidance is $4.80-4.95. Earnings expected May 6.
Apr 14Eversource Energy price target cut to $74 from $78 at Wells Fargo due to FERC ROE reduction.Negative▶
FERC ruling reduces Eversource return on equity, lowering 2026 after-tax earnings. Wells Fargo cut target to $74 from $78 on April 1. Stock fell 1.84% to $68.68. Bank of America and Goldman Sachs maintain Buy ratings. Serves 4.6 million customers. Q1 earnings scheduled for May 6.
Apr 13Eversource Energy challenges FERC transmission ROE cut impacting 2026 earnings; Wells Fargo lowers PT to $74 from $78.Negative▶
Eversource Energy saw FY2025 earnings more than double to $1.69B ($4.56/share) vs $811.7M ($2.27/share) in 2024. But FERC decision to lower allowed returns for New England transmission owners will trim 2026 after-tax earnings. New England utilities owe customers ~$1.5B in refunds. Wells Fargo lowered PT to $74 from $78; Goldman Sachs reaffirms Buy.
Apr 10Wells Fargo Trims Eversource Price Target on FERC Return ReductionNegative▶
Wells Fargo lowered target from $78 to $74, maintaining Overweight. FERC reduction expected to reduce after-tax earnings by $70M in 2026.
Apr 9Eversource Energy Faces FERC Order Reducing Return on Equity, Wells Fargo Trims Price TargetNegative▶
Eversource Energy announced that the Federal Energy Regulatory Commission ordered a reduction in return on equity for New England transmission owners from 10.57% to 9.57%, expected to reduce Eversource's after-tax earnings by approximately $70 million for 2026. Wells Fargo trimmed its price target from $78 to $74 while maintaining an Overweight rating. The company approved a quarterly dividend of $0.7875 per share and was recognized by Newsweek and Statista Inc. as one of America's Most Responsible Companies for 2026 (seventh consecutive year).
Apr 8Wells Fargo lowers Eversource target to $74 amid FERC transmission ROE challenges.Negative▶
Wells Fargo lowered ES PT to $74 from $78 on April 1. Company challenged FERC ruling on transmission ROE. Q4 revenue $3.37B. 2026 guidance $4.80-$4.95.
Apr 7Eversource Energy faces regulatory headwinds and analyst price target cutsNegative▶
Wells Fargo lowered Eversource price target to $74 from $78 (April 1) while maintaining Overweight; BofA cut target to $73 from $82; UBS reduced target to $74 from $80. Eversource is challenging FERC ruling that reduced New England transmission return on equity to 9.57%, potentially pressuring earnings and balance sheet plans. Governance controversy: company filed proxy opposing permanent CEO/Chairman separation at May 6 annual meeting. Company increasing dividend to $0.7875/share (January 2026) and was recognized for 7th consecutive year among America's Most Responsible Companies. Stock down 7.8% in 7 days, 10.5% in 30 days, but up 17% over 12 months. Analyst consensus: 12 analysts rate ES 'Hold' with $70.83 target (7.43% upside).
Apr 6Eversource challenges FERC ruling on transmission returns; analyst price targets lowered amid governance dispute.Negative▶
Eversource Energy filed proxy urging shareholders to vote against chairman/CEO separation proposal at May 6 annual meeting. Company challenges FERC ruling lowering allowed transmission returns, adding regulatory tension to outlook. Wells Fargo cut price target to $74 from $80 on April 1; UBS also cut to $74; Bank of America lowered to $73 from $82. Stock trading at $69.47 with 4.4% dividend yield. Hold consensus with $70.83 target (7.43% upside). Next earnings May 6, 2026.
Apr 3Eversource Energy reports analyst price target reductions amid market volatility and geopolitical concerns.Negative▶
Eversource Energy faced analyst price target reductions with UBS lowering to $74 from $80 and Bank of America reducing to $73 from $82. The stock declined approximately 3.71% over the week. Q4 2025 non-GAAP recurring earnings were $4.76 per share. 2026 EPS guidance of $4.80-$4.95 and $26.5B investment plan announced.
Apr 2Wells Fargo cuts Eversource price target to $74; company increases dividend to $0.7875 amid regulatory pressuresNegative▶
Eversource increased quarterly dividend to $0.7875 per share, payable March 31, 2026, reflecting long-term growth confidence. Wells Fargo lowered price target from $78 to $74 while maintaining Overweight rating. Full-year 2025 GAAP earnings $4.56 per share; 2026 guidance $4.80-$4.95. Company announced $26.5B investment plan 2026-2030 and plans $800M-$1.1B equity raise. Stock down 10.5% over past month and 7.8% over past week as analysts including UBS, BofA, and Mizuho cut targets citing regulatory and earnings pressures.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ESEVERSOURCE | $71.22 | +0.74% | +1.8% | 14.1x | 0.78 | $26.6B |
| CEGCONSTELLATION | $308.34 | -1.49% | +13.8% | 22.8x | 1.19 | $113.4B |
| SOSOUTHERN | $97.02 | +0.33% | -0.3% | 19.6x | 0.41 | $109.0B |
| DUKDUKE | $128.89 | -0.51% | -1.4% | 18.1x | 0.45 | $100.8B |
| AEPAMERICAN | $137.20 | +0.06% | +3.6% | 19.9x | 0.57 | $74.5B |
| ETRENTERGY | $116.83 | -0.92% | +2.9% | 23.6x | 0.56 | $54.0B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.