Edison International (EIX) Stock AnalysisEIXEdison International

Edison International is an electric utility holding company. The Company is focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Edison Energy, LLC, doing business as Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central and Coastal California. Edison Energy, LLC is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial and institutional organizations in North America and Europe. Energy, LLC provides integrated strategy and implementation solutions in sustainability, renewables, energy procurement, conventional supply, energy optimization and transportation electrification. It operates in the Utilities sector (ELECTRIC SERVICES industry).

Edison International (EIX) is not a good buy right now due to significant risks and recent downgrades. The current price is $55.30, while analysts have lowered their price targets to as low as $42, reflecting concerns over financing costs and legislative uncertainties. Additionally, the RSI is at 68.43, indicating the stock is nearing overbought territory, which could lead to a price correction.

15 analysts cover EIX: 8 rate it Buy, 7 Hold and 0 Sell. The average price target is 63.00.