What is NGG stock price target for 2026?

WallStSmart's 12-month price target for National Grid PLC ADR is $71.76, representing 19.9% downside from the current price of $89.54.

What is NGG stock forecast?

National Grid PLC ADR 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.

NGG

National Grid PLC ADR

NYSE: NGG · UTILITIES · UTILITIES - REGULATED ELECTRIC

$89.54

+4.14% today

Updated 2026-04-30

Market cap

$85.52B

P/E ratio

21.28

P/S ratio

4.89x

EPS (TTM)

$4.04

Dividend yield

3.63%

52W range

$64 – $95

Volume

1.1M

Market cap

$85.52B

P/E ratio

21.28

P/S ratio

4.89x

EPS (TTM)

$4.04

Dividend yield

3.63%

52W range

$64 – $95

Volume

1.1M

National Grid PLC ADR (NGG) Financial Forecast & Price Target 2030

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

Price target summary

Current

$89.54

Consensus

$92.05

+2.80%

2030 Target

$307.96

+243.94%

DCF

—

Current price

$89.54

Analyst consensus

$92.05

+2.80%

2030 Target

$307.96

+243.94%

Intrinsic (DCF)

—

20 analysts:

2 Buy2 Hold2 Sell

Management guidance

No specific CEO revenue targets found in available data. National Grid is undertaking significant grid modernization and expansion in North America, driven by AI data center demand, electrification, and renewable integration. Company plans £60 billion investment over five years in UK grid upgrades and transmission expansion.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$510.34

$25.3B Rev × 20x P/S

Base case (2030)

$307.96

$25.3B Rev × 12x P/S

Bear case (2030)

$202.38

$25.3B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$21.7B	$19.9B	$18.4B	$18.2B	$20.1B	$21.8B	$23.5B	$25.3B
Revenue growth	—	-8.4%	-7.4%	-1.0%	10.7%	8.0%	7.8%	7.8%
EPS	—	—	—	$0.80	$0.89	$0.95	$1.02	$1.09
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$219.98	$246.37	$263.97	$281.57	$307.96

Catalysts & risks

Growth catalysts

+ UK net-zero grid modernization investments (£60B over 5 years)

+ North American grid expansion driven by AI data center electricity demand

+ GridCARE partnership for unlocking grid capacity in New York

+ Offshore wind and renewable energy integration across UK network

+ Sea Link and GriffinLink offshore transmission projects

Key risks

- Recent analyst downgrades (Jefferies, UBS, Goldman Sachs downgraded in March 2026)

- Dividend pause announced due to high debt and investment needs

- Regulatory scrutiny over transmission costs and net-zero compliance

- Supply chain delays and permitting challenges for major projects

- Valuation concerns with current P/E of 22.3x and recent re-rating

Methodology

National Grid PLC ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 20 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 6, 2026.