Consolidated Edison, Inc. research snapshot
ED AI stock analysis currently reads Consolidated Edison as a high-quality regulated utility with essential New York electric, gas, and steam service, a 53-year dividend growth record, and visible rate-base investment needs. The setup is not a high-certainty buy signal because the stock trades near its 52-week high, analyst consensus is Hold, free cash flow is negative after heavy capital spending, and the 2026 to 2030 plan requires debt and equity financing. The ED AI stock forecast therefore uses scenario ranges, not a precise price prediction, and treats rate-case outcomes, allowed returns, capital spending, storm resilience, financing costs, and customer affordability as the variables that matter most.
Current price
$112.99
Market cap
$41.64 billion verified market cap
AI score
64 / 100
Rating
Regulated utility compounder with reliable earnings guidance and valuation sensitivity
Trend status
Constructive but near resistance, above the 50-day and 200-day moving averages
Data cutoff (updated weekly)
July 8, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Con Edison sells essential electric, gas, and steam delivery service in New York City, Westchester County, and nearby service territories. | High |
| Moat | The moat comes from regulated local monopoly assets, grid reliability, customer density, scale, and hard-to-replicate rights of way, not from discretionary brand pricing power. | High |
| Management | Tim Cawley has emphasized reliability, electrification readiness, cost management, and disciplined regulated investment, while the current test is affordability under a large capital plan. | Medium-high |
| Financial trend | FY2025 revenue rose to $16.92 billion and net income rose to $2.02 billion. Q1 2026 GAAP earnings rose to $924 million, but adjusted earnings were slightly lower year over year. | High |
| Valuation | At $112.99, ED screens near 18.96x TTM EPS, 2.42x sales, 1.62x book, a negative TTM FCF yield, and a dividend yield near 3.14% to 3.17%. | High |
| Technical trend | The stock is above the 50-day average near $107.97 and 200-day average near $105.16, with RSI near 61.50 and price close to the $116.23 52-week high. | Medium |
| Risk level | Main risks are higher interest rates, equity dilution, rate-case pressure, storm and climate costs, New York affordability politics, execution risk, and negative free cash flow during the capex cycle. | Medium-high |
| AI confidence | Descriptive confidence is high because source data is rich and cross-checked. Return confidence is lower because regulated utilities can reprice with bond yields and regulatory outcomes. | High data confidence |
| Investment certainty | ED is a durable utility franchise, but the current price needs rate-base growth, stable allowed returns, and financing discipline to justify upside from here. | Medium |
ED AI stock forecast
The ED AI stock forecast is scenario-based because regulated utility value depends on allowed returns, rate-base growth, financing cost, dividend policy, and bond-yield alternatives. Using the $112.99 price reference, TTM EPS of $5.96, and the audited three-year model, the mechanical range points to about $89 in a bear case, $121 in a base case, and $145 in a bullish case before dividends. The range is not a promise. A higher outcome needs constructive rate decisions, stable Treasury yields, clean execution of the capital plan, and EPS growth near or above management and analyst expectations.
$135 to $150 before dividends
More likely if ED delivers 6% to 7% EPS growth, regulators support recovery of reliability and electrification spending, interest rates ease, equity issuance is absorbed without valuation pressure, and investors accept a premium for defensive earnings.
$115 to $125 before dividends
More likely if EPS compounds in the low to mid single digits, the dividend grows slowly, the market values ED near a high-teens earnings multiple, and rate-base growth offsets higher interest expense and share issuance.
$85 to $95 before dividends
More likely if bond yields rise, rate cases become less constructive, storm and climate costs accelerate, equity issuance weighs on EPS, or the market rerates defensive utilities to a lower multiple.
ED AI technical analysis
ED AI technical analysis is constructive but extended as of the July 8, 2026 data cutoff. StockAnalysis showed a July 7, 2026 close of $112.99, a 50-day moving average near $107.97, a 200-day moving average near $105.16, RSI near 61.50, and 20-day average volume near 2.32 million shares. That setup keeps the trend positive, but the stock is close enough to its $116.23 52-week high that upside confirmation matters.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $112.99 | StockAnalysis listed the July 7, 2026 close at $112.99, up 0.94% on the day. |
| Immediate support | $108 to $110 | This area brackets the 50-day moving average reference near $107.97 and recent round-number support. |
| Major support | $104 to $106 | This range overlaps the 200-day moving average near $105.16 and is the first longer-term trend test. |
| Deeper support | $95 to $97 | This area sits near the lower part of the 52-week range, with StockAnalysis listing a 52-week low of $94.96. |
| Near resistance | $116 to $117 | The 52-week high near $116.23 is the first resistance level bulls need to clear. |
| Upper resistance | $120 to $125 | This range lines up with the base-case valuation area and would likely require lower rates or stronger utility-sector demand. |
| Moving averages | 50-day near $107.97, 200-day near $105.16 | Price above both averages supports the trend, but the gap also raises pullback risk if rates move against utilities. |
| Momentum | RSI near 61.50 | Momentum is positive but not deeply overbought. A move above resistance with RSI holding firm would improve confirmation. |
| Volume | 20-day average near 2.32 million shares | Volume confirmation matters around the August 6, 2026 earnings date and rate or Treasury-yield moves. |
| Volatility | Watch earnings, rate-case news, and bond yields | Utility stocks can appear calm but still reprice when interest rates, financing plans, or regulatory assumptions change. |
| Invalidation | Close below $105, then below $95 | A sustained break below the 200-day average would weaken the trend. A break below the 52-week low would challenge the larger defensive setup. |
ED AI trading strategy
The ED AI trading strategy below is a rules-based research framework, not personal advice. It connects chart levels with rate-case outcomes, Treasury yields, dividend coverage, free cash flow, financing plans, customer affordability, and storm or climate resilience spending.
Watch for ED to hold above the $108 to $110 area and then break above $116 to $117 with stable bond yields, constructive earnings commentary, and no negative rate-case surprise.
A failed breakout followed by a close below $105 should reduce trend confidence, especially if management signals higher financing needs, weaker affordability politics, or lower allowed returns.
If ED pulls back toward $104 to $106 while guidance remains intact, compare the lower price with the dividend yield, regulated rate-base growth, and allowed return outlook.
Do not treat a pullback as automatically attractive if free cash flow stays deeply negative, equity issuance accelerates, or regulators push more costs onto shareholders.
Track 2026 adjusted EPS guidance, Q2 earnings, New York rate decisions, capex execution, debt issuance, equity issuance, customer arrears, storm costs, and Treasury yields.
Position sizing should reflect that ED is a capital-intensive regulated utility, not a guaranteed-income instrument or a substitute for personal portfolio planning.
Investment research summary
Customers pay Con Edison because dense urban life and commerce require reliable electricity, gas, and steam delivery. The business converts regulated infrastructure, customer density, and approved capital investment into earnings.
ED has a regulated local monopoly, dense service territory, established grid assets, reliability expertise, and regulatory relationships. The moat is strong, but returns are capped by regulators and social affordability constraints.
The thesis fails if interest rates rise, regulators disallow recovery, storm and climate costs exceed approved returns, equity issuance dilutes owners, customer bills become politically constrained, or gas-transition policy strands assets faster than expected.
Tim Cawley has framed ED around reliability, electrification, resilience, and cost control. The key management question is whether the company can fund a large 2026 to 2030 capital plan while keeping customer bills and shareholder dilution tolerable.
Electrification, grid hardening, data-center load, building decarbonization, and extreme weather support long-term utility investment. The offset is that the same investment cycle requires more debt, equity, and regulatory approval.
At $112.99, ED already prices in a defensive premium and steady EPS growth. Margin of safety improves if the stock falls closer to the 200-day average or if rate outcomes and financing costs make the base-case $115 to $125 range more conservative.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| ED quote reference | $112.99 close on July 7, 2026, with a $111.94 previous close and $112.54 to $115.26 day range | StockAnalysis ED overview | July 8, 2026 |
| Market capitalization verification | $41.64 billion reported and $41.64 billion calculated from $112.99 x 368.53 million shares | Pineify financial_rigor.py and StockAnalysis ED overview | July 8, 2026 |
| Shares outstanding | 368.53 million current shares outstanding; Q1 2026 diluted average shares were 364.4 million | StockAnalysis ED overview and Con Edison Q1 2026 10-Q | July 8, 2026 |
| FY2025 revenue and earnings | $16.918 billion FY2025 revenue and $2.023 billion net income for common stock, cross-checked against Macrotrends | Con Edison 2025 earnings release | July 8, 2026 |
| Q1 2026 earnings and operating revenue | $5.095 billion operating revenue, $924 million GAAP net income, and $790 million adjusted earnings in Q1 2026 | Con Edison Q1 2026 10-Q and Q1 2026 earnings release | July 8, 2026 |
| Cash, debt, and net debt | $147 million cash and cash equivalents, $27.18 billion total debt, and negative $27.03 billion net cash position | StockAnalysis ED statistics and Con Edison Q1 2026 10-Q | July 8, 2026 |
| TTM valuation inputs | TTM EPS $5.96, book value per share $69.55, FCF per share negative $1.75, dividend $3.55, and revenue per share about $46.73 | StockAnalysis ED statistics and Pineify financial_rigor.py | July 8, 2026 |
| Technical data | 50-day moving average $107.97, 200-day moving average $105.16, RSI 61.50, and 20-day average volume 2.32 million shares | StockAnalysis ED statistics | July 8, 2026 |
| Dividend and shareholder return context | $3.55 annual dividend, 3.17% listed yield, 53 years of dividend growth, and 58.28% payout ratio | StockAnalysis ED statistics | July 8, 2026 |
| Capital plan and financing | $6.595 billion planned 2026 capital investment, $6.759 billion planned 2027 investment, and $24.339 billion planned 2028 to 2030 investment | Con Edison 2025 earnings release | July 8, 2026 |
This ED AI stock analysis is an informational research tool only. It is not investment advice, a recommendation to buy or sell Consolidated Edison stock, or a guarantee of future returns. Forecast scenarios are based on available data as of July 8, 2026, can be wrong, and should be updated when new earnings, rate-case, financing, storm-cost, interest-rate, or regulatory information changes.
