Consolidated Edison IncTrading near fair value with P/E below estimated fair P/E, but regulatory and financing risks could pressure earnings.

Consolidated Edison shares are trading near their estimated fair value as the company approaches its June 2026 quarter earnings report. The stock currently changes hands at US$108.85, slightly above a Simply Wall St discounted cash flow model fair value of about $106.88 per share. Its price-to-earnings ratio of 18.6x sits below the broader US market multiple of 19.3x and above the global integrated utilities average of 18.2x, while analysts note that earnings are growing at a moderate pace. The company scores only 2 on an internal value score, yet the current P/E is below an estimated fair P/E of 22x, suggesting the market is applying a cautious multiple. Investors are also watching for regulatory decisions, shifts in allowed returns, and higher financing costs that could pressure the earnings profile.
Consolidated Edison IncTrading near fair value with P/E below estimated fair P/E, but regulatory and financing risks could pressure earnings.