Eversource Energy Stock Trails Nasdaq with 10.4% Annual Gain Versus 35.5%

Earnings
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Summary · why it matters

Eversource Energy shares have underperformed the Nasdaq Composite over the past year, rising 10.4% compared with the tech-heavy index's 35.5% surge. The Springfield-based utility, which serves about 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, saw its stock dip 3.7% over the past three months while the Nasdaq jumped 17.7%. Year-to-date, ES has gained 3.7% against the Nasdaq's 13.8% rally, and the stock remains below both its 50-day and 200-day moving averages. The company recently lowered its 2026 adjusted EPS guidance to a range of $4.57 to $4.72, down from $4.80 to $4.95, after federal regulators approved lower electricity transmission rates in New England and following the completion of its $2.4 billion water utility sale. Analysts have downgraded the stock to a consensus Hold rating from Moderate Buy two months ago, with a mean price target of $72.55 implying a potential upside of 4.3%.

Impact on stocks 2

Energy Transition & Power Demand · 2 stocks
Eversource Energy
ES
▼ NegativeCapitalrelevance

Lowered 2026 EPS guidance and analyst downgrade to Hold.