What is ED stock price target for 2026?

WallStSmart's 12-month price target for Consolidated Edison Inc is $109.78, representing 0.8% upside from the current price of $108.88.

What is ED stock forecast?

Consolidated Edison Inc forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is ED undervalued based on price targets?

Our DCF intrinsic value for Consolidated Edison Inc is $77.35, against a current price of $108.88. The margin of safety is -42.04%.

Consolidated Edison Inc

NYSE: ED · UTILITIES · UTILITIES - REGULATED ELECTRIC

$108.88

-0.68% today

Updated 2026-04-29

Market cap

$40.39B

P/E ratio

19.40

P/S ratio

2.39x

EPS (TTM)

$5.65

Dividend yield

3.12%

52W range

$94 – $116

Volume

2.2M

Market cap

$40.39B

P/E ratio

19.40

P/S ratio

2.39x

EPS (TTM)

$5.65

Dividend yield

3.12%

52W range

$94 – $116

Volume

2.2M

Consolidated Edison Inc (ED) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$108.88

Consensus

$107.50

-1.27%

2030 Target

$727.21

+567.90%

DCF

$77.35

-42.04% MoS

Current price

$108.88

Analyst consensus

$107.50

-1.27%

2030 Target

$727.21

+567.90%

Intrinsic (DCF)

$77.35

-42.04% MoS

14 analysts:

1 Buy6 Hold10 Sell

Management guidance

ConEd announced a $24.3 billion capital investment plan for 2026-2030 with approved rate case through 2028. Company targets 6-7% five-year adjusted EPS growth and raised its 52nd consecutive annual dividend. FY2026 EPS guidance of $6.00-$6.20 provided, indicating earnings momentum from infrastructure investments and rate recovery.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$1,212.02

$21.9B Rev × 20x P/S

Base case (2030)

$727.21

$21.9B Rev × 12x P/S

Bear case (2030)

$484.81

$21.9B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$14.6B	$15.3B	$16.9B	$18.5B	$19.3B	$20.1B	$21.0B	$21.9B
Revenue growth	—	4.2%	10.9%	9.2%	4.5%	4.3%	4.2%	4.2%
EPS	$5.06	$5.40	$5.73	$6.27	$6.68	$7.09	$7.53	$7.99
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$611.78	$646.41	$669.49	$692.58	$727.21

Catalysts & risks

Growth catalysts

+ $24.3B capital spending plan 2026-2030 driving infrastructure modernization and rate base growth

+ Approved New York rate case through 2028 stabilizing earnings and enabling cost recovery

+ Clean energy transition investments and grid modernization driving long-term revenue growth

+ 6-7% five-year adjusted EPS growth target supported by regulated utility model and dividend increases

Key risks

- Regulatory uncertainty and potential rate case delays affecting capital recovery timelines

- Rising interest rates and financing costs impacting capex economics and shareholder returns

- Analyst consensus weak (Hold/Sell majority) with modest 2026 EPS guidance of $6.27-$6.68 suggesting limited upside surprise

- Weather volatility and demand fluctuations in regulated utility business limiting growth acceleration

Methodology

Consolidated Edison Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.