Eversource Energy (ES) has shown a mixed performance recently, facing various regulatory setbacks and rate settlements. Analysts are cautious, with some adjusting their price targets in the utility sector. Despite daily losses, the stock still outperforms its competitors, leading some to question whether it’s a defensive utility or a value trap. Nonetheless, its $24.2 billion plan reaffirms the company’s long-term valuation, while Wall Street analysts remain divided on their sentiments about the stock. The company’s expectation to beat earnings estimates underlines its solid operational performance. Recent internal developments highlighted by Goldman Sachs' price target raise, commitment to strategic infrastructure investments and being recognized for stability and growth strategy adds to the company's positive narrative. On the other hand, ES faces challenges including a regulatory rejection of its water subsidiary sale. While the stock has been undervalued at present, Eversource Energy showcases resilience amidst these obstacles. In the face of missed earnings and regulatory challenges, Goldman Sachs, among others, keep their bullish stance on ES.
Eversource Energy ES News Analytics from Tue, 25 Mar 2025 07:00:00 GMT to Sat, 10 Jan 2026 07:53:36 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor -2
