Eversource Energy (ES) saw its stock rise by 3.01% and reached a 20-day high despite the broader market decline, with the Nasdaq-100 down 1.76% and the S&P 500 down 1.07%.
The stock's movement comes amid UBS analyst William Appicelli lowering the price target from $78 to $73 while maintaining a Neutral rating, reflecting a cautious outlook on the company's future performance. Additionally, JP Morgan analyst Jeremy Tonet cut the price target from $72 to $71, indicating concerns about the utilities sector's overall outlook. However, Eversource's strong dividend yield of 4.59% continues to attract income-seeking investors, providing some support for the stock price despite the cautious analyst ratings.
The implications of these adjustments suggest that while Eversource Energy has shown resilience in its stock price, ongoing analyst caution may create headwinds for future performance, particularly in a challenging market environment.
Wall Street analysts forecast ES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ES is 71.91 USD with a low forecast of 60.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast ES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ES is 71.91 USD with a low forecast of 60.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
6 Hold
3 Sell
Hold
Current: 69.900
Low
60.00
Averages
71.91
High
80.00
Current: 69.900
Low
60.00
Averages
71.91
High
80.00
Wells Fargo
Equal Weight
maintain
$63 -> $71
2026-01-20
Reason
Wells Fargo
Price Target
$63 -> $71
AI Analysis
2026-01-20
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on Eversource to $71 from $63 and keeps an Equal Weight rating on the shares, but sees it as a battleground call. The firm says it needs visibility on constructive outcomes to fill Aquarion-sized hole in the balance sheet. There are pathways but too early to get back into shares, Wells argues.
UBS
William Appicelli
Neutral
maintain
$73
2025-12-31
Reason
UBS
William Appicelli
Price Target
$73
2025-12-31
maintain
Neutral
Reason
UBS analyst William Appicelli notes that Eversource Energy's NStar Gas filed a rate settlement with the only party in the case, the Massachusetts Attorney General, to avoid a rate case filing if approved. The settlement, which would resolve one of several regulatory items outstanding for the company, is a positive development, says the analyst, who maintains a Neutral rating and $73 price target on Eversource shares.
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UBS
Neutral
downgrade
$78 -> $73
2025-12-17
Reason
UBS
Price Target
$78 -> $73
2025-12-17
downgrade
Neutral
Reason
UBS lowered the firm's price target on Eversource to $73 from $78 and keeps a Neutral rating on the shares.
JPMorgan
NULL -> Underweight
downgrade
$72 -> $71
2025-12-12
Reason
JPMorgan
Price Target
$72 -> $71
2025-12-12
downgrade
NULL -> Underweight
Reason
JPMorgan lowered the firm's price target on Eversource to $71 from $72 and keeps an Underweight rating on the shares. The firm updated models in the North Americans utilities group.
About ES
Eversource Energy is a utility holding company, which is engaged in the energy delivery business through its utility subsidiaries. Its segments include Electric Distribution, Electric Transmission, Natural Gas Distribution and Water Distribution. The Electric Distribution segment is engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts and New Hampshire, respectively, and the solar power facilities of NSTAR Electric Company. The Electric Transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The Natural Gas Distribution distributes natural gas to his customers in central and eastern Massachusetts. The Water Distribution segment provides water services to over 248,000 residential, commercial, industrial, municipal and fire protection and other customers, in 73 towns and cities in Connecticut, Massachusetts and New Hampshire.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.