Eversource Energy (ES) Stock AnalysisESStock AnalysisEversource Energy

Eversource Energy is a utility holding company, which is engaged in the energy delivery business through its utility subsidiaries. The Company's segments include Electric Distribution, Electric Transmission, and Natural Gas 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 NSTAR Electric Company's distribution business consists primarily of the purchase, delivery and sale of electricity to its residential, commercial and industrial customers. 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 segment is engaged in the distribution and sale of natural gas to customers. It operates in the Utilities sector (ELECTRIC SERVICES industry).

Eversource Energy is currently trading at $70.84, which is below the average analyst price target of $76.60. However, the RSI is at 39.84, indicating that the stock is in a potentially oversold condition, but it has not yet shown strong upward momentum. The forward P/E ratio of 15.46 suggests that the stock is reasonably valued compared to its expected earnings growth of 5-7% per year. The main risk is the recent drop in net income to common, which fell to $53.68 million in Q2 2026, down from $606.84 million in Q1 2026, indicating potential volatility in earnings.

14 analysts cover ES: 6 rate it Buy, 7 Hold and 1 Sell. The average price target is 71.91.