Consolidated Edison, Inc. research snapshot
ED AI stock analysis currently reads Consolidated Edison as a high-quality regulated utility that delivers essential electric, gas, and steam service in New York City, Westchester County, and nearby territories, with a 53-year dividend growth record per StockAnalysis and a visible $38 billion five-year investment plan. The setup is not a high-certainty buy signal because the stock pulled back to $108.85, below its 50-day moving average near $109.22, while analyst consensus is Hold with a mixed rating split, free cash flow is negative, a $2 billion at-the-market equity program adds dilution overhang, and Q2 2026 earnings are scheduled for August 6, 2026. The ED AI stock forecast therefore uses scenario ranges, not a precise price prediction, and treats rate-case outcomes, allowed returns, capital spending, financing costs, storm resilience, and customer affordability as the variables that matter most.
Current price
$108.85
Market cap
$40.11 billion verified market cap
AI score
60 / 100
Rating
Durable regulated utility at a fair valuation with financing and affordability overhang
Trend status
Neutral. Price is below the 50-day moving average and above the 200-day moving average, with momentum cooling after a pullback from the 52-week high
Data cutoff (updated monthly)
August 4, 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 through CECONY, Orange and Rockland, Con Edison Transmission, and clean energy businesses. | 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. The current test is funding a $38 billion five-year plan while a $2 billion ATM equity program and customer affordability create trade-offs. | Medium-high |
| Financial trend | FY2025 revenue rose to $16.918 billion and net income rose to $2.023 billion. TTM revenue reached about $17.22 billion and TTM net income about $2.16 billion as of March 2026, with Q1 2026 GAAP EPS at $2.54. | High |
| Valuation | At $108.85, ED screens near 18.26x TTM EPS, 2.33x sales, roughly 1.56x to 1.57x book, a negative TTM FCF yield, and a dividend yield near 3.26%. | High |
| Technical trend | The stock closed at $108.85 on July 31, 2026, below the 50-day average near $109.22 and above the 200-day average near $106.27, with RSI near 43.26 after a pullback from the $116.23 52-week high. | Medium |
| Risk level | Main risks are higher interest rates, the $2 billion ATM 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, rate-case outcomes, and Q2 2026 earnings. | 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 $108.85 price reference, TTM EPS of $5.96, and a three-year model, the mechanical range points to about $95 in a bear case, $121 in a base case, and $139 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 $38 billion capital plan, and EPS growth near or above management and analyst expectations, while Q2 2026 earnings on August 6, 2026 are the near-term catalyst to watch.
$130 to $145 before dividends
More likely if ED delivers 6% to 8% EPS growth, regulators support recovery of reliability and electrification spending, interest rates ease, the ATM equity program 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.
$90 to $100 before dividends
More likely if bond yields rise, rate cases become less constructive, storm and climate costs accelerate, ATM equity issuance weighs on EPS, or the market rerates defensive utilities to a lower multiple.
ED AI technical analysis
ED AI technical analysis is neutral as of the August 2, 2026 data cutoff. StockAnalysis showed a July 31, 2026 close of $108.85, a 50-day moving average near $109.22, a 200-day moving average near $106.27, RSI near 43.26, and 20-day average volume near 1.88 million shares. The stock sits between the two averages after cooling from the 52-week high, so the next move depends on whether ED reclaims the 50-day line or breaks the 200-day line around the August 6, 2026 earnings report.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $108.85 | StockAnalysis listed the July 31, 2026 close at $108.85, down 0.74% on the day. |
| Near resistance | $109 to $110 | This zone brackets the 50-day moving average near $109.22 and the July 31 intraday high near $109.94. |
| Next resistance | $112 to $114 | This range covers recent early-July trading highs and the round-number supply area bulls need to reclaim. |
| Upper resistance | $116 to $117 | The 52-week high near $116.23 is the main upside confirmation level for a renewed uptrend. |
| Immediate support | $106 to $107 | This area sits on the 200-day moving average near $106.27 and is the first longer-term trend test. |
| Major support | $102 to $105 | This range covers the early-June lows near $102 to $104 and round-number demand, including the June 2 low near $103.60. |
| Deeper support | $95 to $97 | StockAnalysis lists a 52-week low of $94.96, so this zone is the final defense for the larger defensive setup. |
| Moving averages | 50-day near $109.22, 200-day near $106.27 | Price below the 50-day and above the 200-day signals a neutral, directionless setup until one line breaks. |
| Momentum | RSI near 43.26 | Momentum is neutral to soft after cooling from the early-July level near 61.5. A reclaim of the 50-day with rising RSI would improve confirmation. |
| Volume | 20-day average near 1.88 million shares | Volume confirmation matters around the August 6, 2026 earnings date, the August 19, 2026 ex-dividend date, and rate or Treasury-yield moves. |
| Volatility | Beta near 0.26 with earnings and rate sensitivity | ED is low-beta and appears calm, but it still reprices when interest rates, financing plans, rate-case news, or earnings change. |
| Invalidation | Close below $106, then below $95 | A sustained break below the 200-day average near $106.27 would weaken the trend. A break below the 52-week low near $94.96 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, Q2 2026 earnings, Treasury yields, dividend coverage, free cash flow, the ATM equity program, customer affordability, and storm or climate resilience spending.
Watch for ED to reclaim the $109 to $110 area around the 50-day moving average and then break above $112 to $114 with stable bond yields, constructive August 6, 2026 earnings commentary, and no negative rate-case surprise.
A failed reclaim followed by a close below $106 should reduce trend confidence, especially if management signals higher ATM issuance, weaker affordability politics, or lower allowed returns.
If ED pulls back toward $102 to $106 while guidance remains intact, compare the lower price with the dividend yield near 3.26%, regulated rate-base growth, and the allowed return outlook.
Do not treat a pullback as automatically attractive if free cash flow stays negative, ATM equity issuance accelerates, or regulators push more costs onto shareholders.
Track Q2 2026 earnings on August 6, 2026, the FY2026 adjusted EPS guidance range of $6.00 to $6.20, New York rate decisions, capex execution, debt and ATM 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, ATM 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 the $38 billion 2026 to 2030 capital plan while the $2 billion ATM equity program keeps 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 $108.85, ED trades near 18.26x TTM EPS with a 3.26% dividend yield, a fair but not cheap price for a utility with a negative TTM free cash flow. 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 | $108.85 close on July 31, 2026, with a $109.66 previous close and $108.22 to $109.94 day range | StockAnalysis ED overview | August 1, 2026 |
| Market capitalization verification | $40.11 billion reported and $40.11 billion calculated from $108.85 x 368.53 million shares | Pineify financial_rigor.py and StockAnalysis ED overview | August 1, 2026 |
| Shares outstanding | 368.53 million current shares outstanding, up 3.88% year over year; Q1 2026 diluted average shares were about 364.4 million | StockAnalysis ED statistics and Con Edison Q1 2026 10-Q | August 1, 2026 |
| TTM revenue and earnings | $17.22 billion TTM revenue and $2.16 billion TTM net income as of March 2026, cross-checked against Macrotrends ($17.215 billion and $2.156 billion) | StockAnalysis ED statistics and Macrotrends | August 1, 2026 |
| FY2025 revenue and earnings | $16.918 billion FY2025 revenue and $2.023 billion net income for common stock, cross-checked against Macrotrends | StockAnalysis ED financials and Macrotrends | August 1, 2026 |
| Q1 2026 earnings and guidance | $5.095 billion operating revenue, $924 million GAAP net income, GAAP EPS of $2.54, and reaffirmed FY2026 adjusted EPS guidance of $6.00 to $6.20 in Q1 2026 | Con Edison Q1 2026 10-Q and Macrotrends | August 1, 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 | August 1, 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 $46.72, giving 18.26x PE, about 1.56x to 1.57x PB, 2.33x PS, and 3.26% dividend yield | StockAnalysis ED statistics and Pineify financial_rigor.py | August 1, 2026 |
| Technical data | 50-day moving average $109.22, 200-day moving average $106.27, RSI 43.26, 20-day average volume 1.88 million shares, and beta 0.26 | StockAnalysis ED statistics | August 1, 2026 |
| Analyst consensus | 19 analysts rate ED Hold with an average price target of $111.85, a low of $94, and a high of $130 as of late July 2026 | StockAnalysis ED forecast | August 1, 2026 |
| Dividend and shareholder return context | $3.55 annual dividend at $0.8875 per quarter, 3.26% yield, 59.54% payout ratio, and 53 years of dividend growth per StockAnalysis; next ex-dividend date August 19, 2026 | StockAnalysis ED statistics and dividend history | August 1, 2026 |
| Capital plan and financing | $38 billion planned 2026 to 2030 investment, about 65% above the prior five-year period, alongside a $2 billion at-the-market equity offering program announced May 8, 2026 | Con Edison 2026 AGM transcript and PRNewswire | August 1, 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 August 2, 2026, can be wrong, and should be updated when new earnings, rate-case, financing, storm-cost, interest-rate, or regulatory information changes.
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