Should You Buy Eversource Energy (ES) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Buy now for a beginner long-term investor. ES is showing a constructive technical uptrend (bullish moving-average stack), options positioning is strongly call-skewed (bullish sentiment), and the company just raised its dividend 4.7%, which supports long-term total return. While regulatory overhang remains (Aquarion outcome) and last reported quarter profitability was weak, the current ~$69.7 level is close to support and still below most mainstream price targets ($71–$79 range from several firms), making this an attractive entry for an impatient long-term buyer.
Technical Analysis
Trend is moderately bullish. The moving averages are in a bullish alignment (SMA_5 > SMA_20 > SMA_200), consistent with an upward bias. RSI(6) ~50.7 is neutral (not overbought), suggesting room to move without immediate mean-reversion pressure. MACD histogram is positive (0.148) but contracting, implying upside momentum exists but is cooling. Price is just below the pivot (~70.10). Near-term levels: support S1 ~68.89 then S2 ~68.15; resistance R1 ~71.32 then R2 ~72.06. This setup favors a buy near current price with a near-term push back toward ~71–72 if the uptrend holds.
