Eversource Energy Stock Target Price and Analyst Consensus

ES Stock  USD 62.75  1.14  1.85%   
The current analyst and expert consensus on Eversource Energy is Buy with 10 hold recommendations. The current projected Eversource Energy target price consensus is 69.47 with 20 analyst opinions. One of the most common ways Eversource Energy analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Eversource Energy vendors, executives, and/or customers. Eversource Energy recommendation module provides expert sentiment on the projected Eversource Energy target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Eversource Energy to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.
Lowest Forecast
63.22
Highest Forecast
77.11
Target Price
69.47
Gross Profit Margin is likely to gain to 0.54 in 2024, whereas Gross Profit is likely to drop slightly above 3.2 B in 2024. At this time, Eversource Energy's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 53.9 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.1 B in 2024.
  
It's important to approach Eversource Energy's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Eversource Energy price targets

Eversource Energy's stock target price is an estimate of its future price, usually made by analysts. Using Eversource Energy's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Eversource Energy's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Eversource Energy's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Eversource Energy Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Eversource Energy is a key component of Eversource Energy valuation and have some predictive power on the future returns of a Eversource Energy.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eversource Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
61.5662.6763.78
Details
Intrinsic
Valuation
LowRealHigh
60.3061.4169.03
Details
Naive
Forecast
LowNextHigh
63.0864.1965.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.121.141.15
Details

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Additional Tools for Eversource Stock Analysis

When running Eversource Energy's price analysis, check to measure Eversource Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.