Should I Buy ED? ED 2026 Analysis

Should You Buy Consolidated Edison Inc (ED) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

105.960

1 Day change

0.74%

52 Week Range

114.870

Analysis Updated At

2026/01/28

Buy for a beginner, long-term portfolio focused on stability and income. ED is in a bullish uptrend with supportive sentiment (strong call activity, hedge-fund buying) and clear near-term visibility from NY rate-plan approval plus a dividend raise. It’s not a “cheap” entry (price is near resistance and momentum is stretched), but given you’re unwilling to wait for a better pullback, ED still qualifies as a good buy right now for a defensive, long-term allocation.

Technical Analysis

Trend is bullish: SMA_5 > SMA_20 > SMA_200 confirms an uptrend. MACD histogram is positive (0.37) but contracting, suggesting upside momentum is slowing. RSI_6 is 71.8 (stretched/near overbought), which increases the odds of short-term chop or a small pullback. Key levels: pivot support ~103.48 (first support 101.04) and resistance ~105.92 then 107.43. With price ~105, ED is pressing into resistance, so upside may be incremental near-term even though the broader trend remains up. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options sentiment is bullish: open interest put/call of 0.57 indicates more calls than puts outstanding, and the extremely low put/call volume ratio (0.01) shows today’s flow is overwhelmingly call-heavy. Volume is unusually elevated (today vs 30-day avg ~1458%), pointing to heightened interest/positioning. Implied volatility is modest (30D IV ~18.95) with low IV rank/percentile (IV rank ~3.8; percentile ~31.6), suggesting options are not pricing major downside risk or a big event shock right now.

Technical Summary

Sell

Buy

Positive Catalysts

1) Dividend catalyst: quarterly dividend raised to $0.8875 (+4.4%) and 52nd consecutive annual increase—supports long-term income thesis.
2) Regulatory visibility: NYPSC approval of the 2026–2028 rate plan improves earnings/cash-flow visibility.
3) Positioning: hedge funds are net buyers (buying amount +108% QoQ), supporting demand for shares.
4) Pattern-based outlook provided: similar-pattern projection suggests a positive bias over the next month (+7.1% probability-weighted path in the provided data).

Neutral/Negative Catalysts

1) Short-term technical risk: RSI is stretched and price is near resistance (around ~105.9), increasing the chance of a near-term pullback after recent strength.
2) Policy/affordability headwinds: multiple analysts highlight New York affordability/political constraints limiting upside catalysts.
3) Margin trend: latest quarter shows gross margin down YoY (63.71%, -3.62%), which can cap earnings upside if it persists.
4) Event risk ahead: next earnings (QDEC 2025) on 2026-02-19 after hours could create a volatility window if results/guidance disappoint.

Financial Performance

Latest reported quarter: 2025/Q3. Growth was solid: revenue $4.53B (+10.70% YoY), net income $688M (+17.01% YoY), EPS $1.90 (+12.43% YoY). The main soft spot is profitability efficiency: gross margin declined to 63.71% (-3.62% YoY). Overall, the quarter supports steady, utility-style growth with some margin compression to monitor.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent Street tone is mixed-to-cautious despite some higher targets. Several firms kept Neutral/Hold/Sector Perform stances while raising price targets (UBS to $112 Neutral; RBC to $118 Sector Perform). Multiple Underweight/Underperform calls remain (BofA PT $99 Underperform; Morgan Stanley PT $96 Underweight; Barclays kept Underweight while raising PT to $166). The Wall Street ‘pro’ view: defensive utility, improved visibility after the NY settlement, steady 5–7% long-term EPS growth framework. The ‘con’ view: limited incremental catalysts versus peers and NY affordability/political constraints skewing risk/reward to the downside. Politician/congress activity: no recent congress trading data available; insider activity described as neutral.

11 Analyst Rating

Wall Street analysts forecast ED stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ED is 101.18 USD with a low forecast of 86 USD and a high forecast of 114 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.

1 Buy

5 Hold

5 Sell

Moderate Sell

Current: 105.180

Low

Averages

101.18

High

114

Current: 105.180

Low

Averages

101.18

High

114

UBS

William Appicelli

Neutral

maintain

$108 -> $112

AI Analysis

2026-01-23

Reason

UBS

William Appicelli

Price Target

$108 -> $112

AI Analysis

2026-01-23

maintain

Neutral

Reason

UBS analyst William Appicelli raised the firm's price target on Consolidated Edison to $112 from $108 and keeps a Neutral rating on the shares.

BofA

Underperform

maintain

$96 -> $99

2026-01-23

Reason

BofA

Price Target

$96 -> $99

2026-01-23

maintain

Underperform

Reason

BofA raised the firm's price target on Consolidated Edison to $99 from $96 and keeps an Underperform rating on the shares. The firm views the risk/reward as "skewed to the downside vs peers" after the NYPSC unanimously approved the joint proposal of CECONY's three-year electric and gas rate plan for 2026-2028. While the settlement provides near-term visibility, the firm sees limited incremental catalysts to drive Con Ed beyond its 5-7% long-term EPS growth guidance amid rising affordability policies, the analyst tells investors.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ED

Unlock Now

ED Should I Buy

ED Should I Buy

Should You Buy Consolidated Edison Inc (ED) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch