Edison International (NYSE:EIX) Stock Price Expected to Rise, Barclays Analyst Says

Key Points

• Barclays raised Edison International’s price target to $58 from $53 but maintained an “equal weight” rating, implying about 2.6% downside from the prior close.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating from one Buy, ten Hold and four Sell recommendations; the consensus price target is $60.96.
• Edison beat third-quarter EPS expectations at $1.92 versus $1.81, but revenue fell 15% year over year to $4.89 billion. Wildfire-liability uncertainty, leverage and unresolved reform efforts remain key risks.

Edison International (NYSE:EIX - Get Free Report) had its price objective increased by analysts at Barclays from $53.00 to $58.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an "equal weight" rating on the utilities provider's stock. Barclays's price target would suggest a potential downside of 2.59% from the stock's previous close.

Several other research analysts have also issued reports on the stock. Bank of America lowered shares of Edison International from a "buy" rating to a "neutral" rating and reduced their target price for the company from $81.00 to $51.00 in a research note on Tuesday, September 1st. HSBC began coverage on shares of Edison International in a research note on Thursday, October 22nd. They set a "hold" rating and a $56.50 price target for the company. JPMorgan Chase & Co. reduced their price objective on shares of Edison International from $61.00 to $59.00 and set a "neutral" rating on the stock in a research note on Monday, October 12th. UBS Group reaffirmed a "neutral" rating and set a $57.00 target price on shares of Edison International in a report on Thursday, September 24th. Finally, Weiss Ratings cut shares of Edison International from a "buy (b-)" rating to a "hold (c)" rating in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Edison International currently has a consensus rating of "Reduce" and a consensus price target of $60.96.

Edison International Trading Up 0.3%

Shares of EIX stock traded up $0.16 on Friday, reaching $59.54. 457,658 shares of the stock were exchanged, compared to its average volume of 3,652,507. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. Edison International has a one year low of $51.10 and a one year high of $81.62. The stock has a market cap of $22.91 billion, a PE ratio of 6.14, a P/E/G ratio of 2.49 and a beta of 0.62. The stock has a 50 day moving average price of $58.08 and a 200 day moving average price of $67.73.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.11. The business had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $5.34 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%. The firm's quarterly revenue was down 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.34 earnings per share. Equities research analysts forecast that Edison International will post 6.13 EPS for the current fiscal year.

Insider Transactions at Edison International

In related news, Director Peter Taylor sold 500 shares of the stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the completion of the sale, the director directly owned 33,212 shares of the company's stock, valued at approximately $1,845,258.72. This represents a 1.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EIX. BlackRock Inc. bought a new stake in Edison International during the second quarter worth $3,340,412,000. Legal & General Group Plc acquired a new stake in Edison International in the second quarter valued at $329,766,000. Bank of New York Mellon Corp bought a new position in shares of Edison International in the 2nd quarter valued at about $309,361,000. Hsbc Holdings PLC bought a new position in shares of Edison International in the 2nd quarter valued at about $261,275,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of Edison International in the 2nd quarter valued at about $212,053,000. Institutional investors and hedge funds own 88.95% of the company's stock.

Trending Headlines about Edison International

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Third-quarter earnings exceeded expectations. Edison reported adjusted EPS of $1.92, above the $1.81 FactSet consensus and the $1.83 Zacks estimate. The company also reported $724 million in net income. Edison International Q3 earnings flash
• Positive Sentiment: Full-year guidance was reaffirmed. Management maintained its 2026 core EPS outlook of $5.90 to $6.20, offering some stability despite the ongoing wildfire-related challenges. Edison also outlined a $38 billion to $41 billion capital-investment plan, supporting long-term rate-base growth. Edison reaffirms 2026 guidance
• Neutral Sentiment: High dividend yield and valuation are attracting attention. Wall Street analysts highlighted Edison among utility stocks offering significant dividend yields, which may appeal to income-focused investors. However, the company’s elevated leverage and wildfire exposure remain important risks. Analysts spotlight high-dividend utilities
• Negative Sentiment: Revenue and earnings declined from a year earlier. Third-quarter revenue fell 15% to $4.89 billion, below the $5.34 billion consensus, while EPS declined from $2.34 in the prior-year quarter. The revenue shortfall and lower profitability temper the benefit of the earnings beat. Edison International reports third-quarter results
• Negative Sentiment: Wildfire-liability reform remains unresolved. Investors continue to monitor stalled reform efforts and claims related to the Eaton Fire. Uncertainty over potential liabilities can pressure valuation and increase financing risk, overshadowing the quarterly EPS beat. Edison Q3 earnings and wildfire reform warning

About Edison International

Edison International NYSE: EIX is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International's operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.

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