Core Viewpoint - Eversource Energy has shown strong performance in the market, with significant growth in stock value, despite facing challenges related to its transition to clean energy and recent earnings reports [2][4]. Company Overview - Eversource Energy, founded in 1927 and based in Springfield, Massachusetts, is a public utility holding company engaged in energy delivery, with a market capitalization of $25.7 billion. The company operates through segments including Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution [1]. Stock Performance - Eversource shares have outperformed the broader market over the past year, with a stock growth of 17.6% over the last 52 weeks and a 1.4% increase year-to-date. In comparison, the S&P 500 Index has returned 14% over the same period [2]. - The stock has also outperformed the State Street Utilities Select Sector SPDR ETF (XLU), which saw an 11% rise over the past 52 weeks [3]. Recent Earnings - In Q3 2025, Eversource reported revenue of $3.2 billion, exceeding Wall Street estimates. The adjusted EPS for the quarter was $1.19, surpassing estimates by 6.3%. However, shares fell by 1.2% following the earnings report due to a $75 million charge related to increased liability from previously sold offshore wind projects [4]. Future Expectations - For the fiscal year ending December 2025, analysts anticipate a 3.9% year-over-year increase in adjusted EPS to $4.75. Eversource has a strong track record of meeting or exceeding earnings estimates in the past four quarters [5]. Analyst Ratings - Eversource currently holds a consensus "Hold" rating among analysts, with 15 analysts covering the stock. The breakdown includes four "Strong Buys," eight "Holds," one "Moderate Sell," and two "Strong Sells." The sentiment has become more bearish, with two fewer "Strong Buy" ratings compared to three months ago [6]. - UBS analyst William Appicelli maintained a "Hold" rating and lowered the price target from $78 to $73 [8].
Eversource Stock: Analyst Estimates & Ratings