Edison International (NYSE:EIX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan Chase raised its price target on Edison International to $75 from $74 and kept a "neutral" rating, implying roughly a 7.9% upside from the prior close.
• The analyst consensus remains a "Hold" with an average target of $72.82, based on 5 Buy, 6 Hold and 3 Sell ratings.
• Edison reported an EPS beat for the quarter ($1.42 vs. $1.32 expected), set FY2026 guidance of 5.900–6.200 EPS, and the stock trades near $69.50 with a P/E of 7.55.

Edison International (NYSE:EIX - Get Free Report) had its price objective hoisted by investment analysts at JPMorgan Chase & Co. from $74.00 to $75.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a "neutral" rating on the utilities provider's stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 7.92% from the company's previous close.

Several other equities analysts have also weighed in on the stock. LADENBURG THALM/SH SH restated a "sell" rating and set a $63.00 price objective on shares of Edison International in a research report on Thursday, March 5th. Barclays reduced their price objective on shares of Edison International from $78.00 to $77.00 and set an "overweight" rating for the company in a research report on Wednesday. Wells Fargo & Company reaffirmed an "underweight" rating and set a $62.00 price objective on shares of Edison International in a research note on Tuesday, April 21st. Weiss Ratings raised shares of Edison International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, April 15th. Finally, Morgan Stanley reduced their price objective on shares of Edison International from $71.00 to $70.00 and set an "underweight" rating for the company in a research note on Tuesday, April 21st. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $72.82.

Edison International Price Performance

EIX traded up $0.01 on Friday, reaching $69.50. The company had a trading volume of 750,789 shares, compared to its average volume of 3,239,354. The company has a fifty day moving average of $72.04 and a 200-day moving average of $64.16. The company has a market capitalization of $26.75 billion, a P/E ratio of 7.55, a PEG ratio of 1.18 and a beta of 0.77. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98. Edison International has a one year low of $47.73 and a one year high of $76.21.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.10. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.15 billion. During the same quarter last year, the firm posted $1.37 EPS. The business's revenue for the quarter was up 7.7% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities research analysts anticipate that Edison International will post 6.12 earnings per share for the current year.

Insider Activity

In other news, Director Peter J. Taylor sold 500 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the completion of the sale, the director directly owned 34,212 shares of the company's stock, valued at $2,576,163.60. This represents a 1.44% decrease in their ownership of the stock. 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. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Edison International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EIX. AQR Capital Management LLC grew its holdings in Edison International by 69.9% during the fourth quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider's stock valued at $1,097,475,000 after purchasing an additional 7,521,168 shares during the last quarter. Norges Bank acquired a new stake in shares of Edison International in the fourth quarter worth $339,311,000. Goldman Sachs Group Inc. grew its stake in shares of Edison International by 41.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,496,907 shares of the utilities provider's stock worth $329,924,000 after acquiring an additional 1,609,847 shares during the last quarter. Swedbank AB grew its stake in shares of Edison International by 207.0% in the first quarter. Swedbank AB now owns 2,073,181 shares of the utilities provider's stock worth $151,715,000 after acquiring an additional 1,397,858 shares during the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Edison International by 2,970.8% in the fourth quarter. SG Americas Securities LLC now owns 1,297,280 shares of the utilities provider's stock worth $77,863,000 after acquiring an additional 1,255,034 shares during the last quarter. Institutional investors and hedge funds own 88.95% of the company's stock.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE's integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company's operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company's activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.

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