UBS Raises Eversource Target to $80 as 2025 Earnings Double
UBS maintains a Neutral rating on Eversource and raises its price target from $75 to $80, driving a 4.32% stock uptick. Eversource reported 2025 GAAP earnings of $1.69 billion ($4.56/share) and non-GAAP recurring earnings of $1.77 billion ($4.76/share), doubling per-share results year-over-year.
1. UBS Maintains Neutral Rating
UBS kept its Neutral rating on Eversource, indicating a hold stance despite the company’s strong financial performance in 2025.
2. Price Target Raised to $80
The price target was increased from $75 to $80, reflecting confidence in Eversource’s outlook and contributing to a 4.32% rise in the shares.
3. 2025 GAAP Earnings Surge
Eversource posted GAAP earnings of $1.69 billion, or $4.56 per share, in fiscal 2025, up from $811.7 million, or $2.27 per share, in the prior year.
4. Strong Non-GAAP Recurring Results
Non-GAAP recurring earnings reached $1.77 billion, or $4.76 per share, highlighting robust operational cash flow and year-over-year per-share growth.