Edison International Q4 EPS Beats; TD Cowen Raises Target to $83
TD Cowen increased Edison International’s price target to $83 from $71 with a Buy rating, while Morgan Stanley raised its target to $68 from $61 under an Underweight stance. Edison delivered Q4 EPS of $1.86 versus $1.45 consensus and FY25 revenue of $19.32 billion versus $18.45 billion.
1. Q4 and FY25 Financial Performance
Edison International reported Q4 EPS of $1.86, surpassing the $1.45 consensus estimate, and posted FY25 revenue of $19.32 billion compared with $18.45 billion projected by analysts, reflecting stronger-than-expected demand in its service territory.
2. Analyst Price Target Revisions
TD Cowen raised its price target on Edison International to $83 from $71 and retained a Buy rating, while Morgan Stanley increased its target to $68 from $61 but maintained an Underweight stance, reflecting differing views on utility sector valuations.
3. Operational Highlights
The company has installed over 7,000 miles of covered conductor for grid hardening in high fire risk areas, achieving more than 90% of its planned effort, and secured a 2.3% residential rate decrease alongside a 5.3% reduction for small and medium businesses.
4. Guidance and Growth Targets
Edison introduced financial guidance for 2026 and 2027 and reaffirmed a long-term growth target of 5%–7%, signaling confidence in its ability to sustain earnings momentum and shareholder returns.