Free Trial

Consolidated Edison (ED) Stock Forecast & Price Target

Consolidated Edison logo
$89.21 -1.63 (-1.79%)
(As of 02:52 PM ET)

Consolidated Edison - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
9
Buy
4

Based on 15 Wall Street analysts who have issued ratings for Consolidated Edison in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 2 have given a sell rating, 9 have given a hold rating, 2 have given a buy rating, and 2 have given a strong buy rating for ED.

Consensus Price Target

$99.96
12.05% Upside
According to the 15 analysts' twelve-month price targets for Consolidated Edison, the average price target is $99.96. The highest price target for ED is $116.00, while the lowest price target for ED is $85.00. The average price target represents a forecasted upside of 12.05% from the current price of $89.21.
Get the Latest News and Ratings for ED and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Consolidated Edison and its competitors.

Sign Up

ED Analyst Ratings Over Time

TypeCurrent Forecast
12/19/23 to 12/18/24
1 Month Ago
11/19/23 to 11/18/24
3 Months Ago
9/20/23 to 9/19/24
1 Year Ago
12/19/22 to 12/19/23
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
2 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
Consensus Price Target$99.96$98.35$92.65$88.08
Forecasted Upside12.05% Upside1.97% Upside-9.27% Downside-2.45% Downside
Consensus Rating
Hold
Hold
Reduce
Reduce

ED Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

ED Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Consolidated Edison Stock vs. The Competition

TypeConsolidated EdisonUtilities CompaniesS&P 500
Consensus Rating Score
2.27
2.51
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside10.05% Upside26.37% Upside12.03% Upside
News Sentiment Rating
Positive News

See Recent ED News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/12/2024Scotiabank
5 of 5 stars
A. Weisel
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeSector Underperform ➝ Sector Perform$90.00 ➝ $100.00+7.82%
11/22/2024Morgan Stanley
3 of 5 stars
 Lower TargetUnderweight ➝ Underweight$88.00 ➝ $85.00-13.88%
11/8/2024Evercore ISI
2 of 5 stars
D. Chopra
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
11/8/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
N. Campanella
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetUnderweight ➝ Underweight$104.00 ➝ $99.00+0.74%
10/15/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
R. Levine
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy$103.00 ➝ $116.00+12.51%
10/9/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold$108.00+5.77%
9/20/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
W. Appicelli
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetNeutral ➝ Neutral$105.00 ➝ $106.00+3.37%
8/5/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$97.00 ➝ $109.00+7.85%
8/2/2024Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$88.00 ➝ $91.00-9.97%
8/2/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$97.00 ➝ $105.00+3.62%
6/7/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Ferguson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
5/28/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$93.00 ➝ $95.00+0.60%
2/16/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Perform ➝ Sector Perform$94.00 ➝ $93.00+5.95%
1/4/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderweight ➝ Sector Weight
1/3/2024LADENBURG THALM/SH SH
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$92.50+0.10%
11/29/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$84.00 ➝ $87.00-3.12%
6/7/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSell$88.00-5.92%
5/5/20233M
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
2/17/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral$95.00 ➝ $91.00-2.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:12 PM ET.


Should I Buy Consolidated Edison Stock? ED Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 11, 2024. Please send any questions or comments about these Consolidated Edison pros and cons to contact@marketbeat.com.

Consolidated Edison
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Consolidated Edison, Inc.:

  • Consolidated Edison, Inc. recently reported a revenue of $4.09 billion for the quarter, exceeding analyst estimates of $4.02 billion, indicating strong financial performance.
  • The company has a solid net margin of 12.27%, which reflects its ability to convert revenue into profit effectively, making it an attractive option for investors seeking profitability.
  • Consolidated Edison, Inc. declared a quarterly dividend of $0.83 per share, translating to an annualized dividend of $3.32 and a yield of 3.51%, providing a steady income stream for investors.
  • Analysts have recently upgraded their ratings on Consolidated Edison, Inc., with several firms issuing "strong buy" and "buy" ratings, suggesting positive market sentiment and potential for stock price appreciation.
  • The current stock price is around $99.00, which is within a reasonable range compared to analysts' target prices, indicating potential for growth and investment returns.

Consolidated Edison
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Consolidated Edison, Inc. for these reasons:

  • Despite the positive revenue report, the return on equity stands at 8.70%, which may be considered low compared to industry standards, indicating less efficiency in generating profits from shareholders' equity.
  • The company has a relatively high dividend payout ratio of 62.52%, which could raise concerns about sustainability, especially if earnings do not grow as expected.
  • Some analysts have issued "underweight" ratings, suggesting that the stock may not perform as well as the market, which could deter potential investors.
  • Market volatility and economic uncertainties could impact the utility sector, including Consolidated Edison, Inc., leading to potential risks for investors.
  • Recent price target adjustments by analysts, with some lowering their expectations, may indicate a cautious outlook on the stock's future performance.

ED Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Consolidated Edison is $99.96, with a high forecast of $116.00 and a low forecast of $85.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 2 sell ratings, 9 hold ratings, 2 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ED shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ED, but not buy additional shares or sell existing shares.

According to analysts, Consolidated Edison's stock has a predicted upside of 12.05% based on their 12-month stock forecasts.

Over the previous 90 days, Consolidated Edison's stock had 3 upgrades by analysts.

Consolidated Edison has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Jefferies Financial Group, Morgan Stanley, Scotiabank, and UBS Group in the past 90 days.

Analysts like Consolidated Edison less than other "utilities" companies. The consensus rating for Consolidated Edison is Hold while the average consensus rating for "utilities" companies is Moderate Buy. Learn more on how ED compares to other companies.


This page (NYSE:ED) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners