Eversource Energy (ES) Target Raised to $79 on BMO After Q4 Results

Eversource Energy (ES) Target Raised to  on BMO After Q4 Results
Eversource Energy (ES) Target Raised to  on BMO After Q4 Results

Eversource Energy (NYSE:ES) is among the The 11 Most Undervalued Utility Stocks to Buy Now.

Eversource Energy (ES) Target Raised to $79 on BMO After Q4 Results

On February 17, BMO Capital raised the company’s price target on Eversource Energy (NYSE:ES) to $79 from $75, while maintaining a Market Perform rating following its fourth-quarter results and updated guidance. The firm noted that the stock’s outperformance that day was largely due to prior year-to-date underperformance and a financing plan that required limited incremental capital, easing concerns about dilution.

On February 16, UBS similarly raised its price target on Eversource Energy (NYSE:ES) to $80 from $75, maintaining a Neutral stance after reviewing the fourth-quarter report, highlighting multiple milestones in 2026 that will shape the company’s trajectory toward achieving the top half of its long-term EPS growth target of 5% to 7% for 2025-2030.

Eversource Energy (NYSE:ES) reported fourth-quarter 2025 results on February 12, posting full-year 2025 non-GAAP EPS of $4.76 compared to $4.57 in 2024, representing growth of approximately 4.2%. Full-year GAAP EPS increased significantly to $4.05 from $2.27, while fourth-quarter EPS hit $1.12 on both a GAAP and non-GAAP basis, improving from $0.20 GAAP and $1.01 non-GAAP in the prior-year quarter. Management introduced 2026 EPS guidance of $4.80 to $4.95 and reaffirmed a long-term EPS CAGR target of 5% to 7%, with a goal of reaching the upper half of that range by 2028. Additionally, the company paid dividends of $3.01 per share in 2025, reflecting a 5.2% year-over-year increase.

Founded in 1966 and headquartered in Boston, Massachusetts, Eversource Energy (NYSE:ES) operates regulated electricity, natural gas and water utilities in Connecticut, Massachusetts and New Hampshire.

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