Eversource Energy’s Stock Performance Compared to Market Trends
Springfield, Massachusetts-based Eversource Energy (ES) is a public utility holding company focused on energy delivery. With a market capitalization of $23.1 billion, the company provides electrical services to customers in Connecticut, New Hampshire, and western Massachusetts. It also distributes natural gas across Connecticut.
ES Stock vs. Market Performance
In the past year, shares of Eversource Energy have not kept pace with the broader market. While ES has increased by 2%, the S&P 500 Index ($SPX) has surged nearly 8.6%. In contrast, during 2025, ES’s stock has risen 9.7%, outstripping the SPX, which has declined by 3.8% year to date.
Comparison with Utilities Select Sector
When evaluating performance against the Utilities Select Sector SPDR Fund (XLU), ES’s underperformance continues. The XLU has grown approximately 12.5% over the last year. However, on a year-to-date basis, ES has outperformed the ETF, which has gained 6% during the same period.
Q1 Financial Results
On May 1, shares of ES dipped slightly following the release of its Q1 results. The company reported earnings per share (EPS) of $1.50, aligning with Wall Street expectations. Its revenue reached $4.1 billion, marking a 23.6% increase year over year. For the full year, Eversource projects an EPS between $4.67 and $4.82.
Analyst Projections
For the current fiscal year ending in December, analysts anticipate a 3.9% growth in EPS, targeting $4.75 on a diluted basis. Remarkably, Eversource has a strong history of earnings surprises, meeting or surpassing the consensus estimates in each of the last four quarters.
Analyst Ratings Overview
Among the 20 analysts monitoring ES stock, the consensus is a “Moderate Buy.” This is supported by nine “Strong Buy” ratings, eight “Holds,” one “Moderate Sell,” and two “Strong Sells.”
This outlook has become slightly more bearish compared to previous assessments. Recently, Scotiabank analyst Andrew Weisel maintained a “Sell” rating on Eversource, setting a price target of $55.
The average price target for the stock is $68.25, which indicates an 8.3% premium over current levels. The highest target, set at $85, suggests a potential upside of 34.9%.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.
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