DailyIQ
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Sector:UtilitiesAll sectors
Last updated 2 minutes ago

ED·Consolidated Edison, Inc.

$.
+. (+.%)
After Hours
High
$111.43
Open
$110.27
Market Cap
40.96B
52W High
$116.23
Low
$110.18
P. Close
$110.27
P/E
19.01
52W Low
$94.96
Fwd P/E
17.04
DailyIQ Est.
$105.85
Technical Score (1D)
77
BUY
News Sentiment
70
BULLISH
Consolidated Edison’s most recent headline is that an extreme heat wave pushed power demand to record levels, forcing targeted outages, voltage reductions and conservation appeals across New York City boroughs and suburbs. In response to that operational strain, the company added former prosecutor Tali Farhadian Weinstein to its board, boosting regulatory and legal oversight that could shape future rate filings and reliability metrics. This combination of operational resilience and strengthened governance may enhance investor confidence and could affect the company’s ability to secure rate increases in the near term. A valuation analysis released 116.5 hours ago indicates that the stock’s current price is roughly in line with its intrinsic value, suggesting limited upside potential for new investors over the next 1–10 trading days. Argus Research cut its price target for ED from $118 to $112, citing regulatory rate hikes slated for early 2026 as the main earnings driver, which signals a more conservative valuation outlook for the upcoming earnings cycle. Morgan Stanley’s modest upward adjustment of the target to $102 from $99, while maintaining an underweight rating, reflects expectations of stable earnings and resilience in the utility sector, pointing to a cautious bullish stance. The CEO’s recent statement about upscaling grid equipment to weather longer heat waves highlights a potential capital expenditure focus that could temporarily increase costs but position ED to maintain service reliability during climate‑related disruptions. Both Argus and Mizuho have expressed concerns over rising operating costs, regulatory headwinds, and slowed growth, which could dampen the company’s valuation multiples and dividend attractiveness in the near term.
Earnings Summary
Consolidated Edison, Inc. (ED) is a regulated utility that delivers electricity, natural gas, and steam to roughly 4 million electric and 1 million gas customers across the New York City metropolitan area, operating through a network of transmission lines, substations, and distribution systems that support essential services in a densely populated region. In the most recent reporting cycle, ED generated $3.995 billion in revenue during Q4 2025 and $5.095 billion in Q1 2026, representing an 8.6 % year‑over‑year increase from Q4 2024 and a 6.1 % rise from Q1 2025; EPS moved from $0.89 in Q4 2025 to $2.17 in Q1 2026, a decline from the $2.26 beat in Q1 2025, and the company has beaten consensus in four of the last six quarters but missed in the most recent two. Historically, ED’s revenue trajectory has trended upward with occasional dips, and EPS has generally outperformed estimates until the latest quarter, where a miss suggests tightening margins; the pattern of strong revenue growth coupled with EPS volatility has persisted over the past year. Recent analyst commentary highlights Argus trimming its price target to $112 amid expectations of 2026 rate hikes, while the CEO’s announcement of a grid‑upgrade program signals capital‑intensive spending that could pressure short‑term profitability; Morgan Stanley’s downgrade to Underweight and Mizuho’s neutral stance further underscore market caution. Investors should watch for the timing of regulatory approvals for the grid expansion, the outcome of the 2026 rate‑setting process, and the trajectory of capital‑expenditure costs, as these factors will shape the next quarter’s earnings profile.

EPS

EstBeatMiss
$0.41$0.95$1.50$2.05$2.60Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.76 - -
Q1'26$2.34$2.17-7.4%
Q4'25$0.98$0.89-8.8%
Q3'25$1.75$1.90+8.3%
Q2'25$0.66$0.67+1.8%
Q1'25$2.21$2.26+2.4%

Revenue

EstBeatMiss
$3.3B$3.9B$4.5B$5.1B$5.7BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.6B - -
Q1'26$5.4B$5.1B-5.3%
Q4'25$3.7B$4.0B+7.4%
Q3'25 - $4.5B -
Q2'25 - $3.6B -
Q1'25 - $4.8B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

ED Stock Snapshot

ED is currently trading at $110.20, giving Consolidated Edison, Inc. a market cap of 40.96B and a P/E ratio of 19.0. Today's range spans $110.18–$111.43, with shares opening at $110.27 and moving down $0.07 (0.1%) from the prior close. DailyIQ's technical score sits at 77/100 (BUY) with a news sentiment reading of 70/100.

Over the past year ED has traded between $94.96 and $116.23 - the current price is +16.0% off the 52-week low and -5.2% from the high. 27 analysts cover the stock with a Hold consensus and a mean 12-month target of $110.50 (range $97.00–$130.00), implying upside of +0.3%.

Consolidated Edison, Inc. (ED) is a large-cap in Utilities with 40.96B in market cap, and the current setup is one of the cleaner bullish reads in the space. Technical score: 77/100 (BUY). Sentiment: bullish at 70/100. Price: $110.20 (in the upper portion of its 52-week range). The current P/E ratio stands at 19.0. The 52-week range of $94.96–$116.23 provides structural context - and the current technical/sentiment alignment is the type of setup that attracts both momentum and growth-oriented capital.

Earnings revision cycles in large-cap Utilities names tend to compound: when technicals confirm a BUY thesis (77/100) and news sentiment (70/100, bullish) supports the narrative, analyst upgrades follow price rather than lead it. At $110.20 (in the upper portion of its 52-week range), ED's position within the $94.96–$116.23 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.