Mizuho raises target for Eversource Energy stock to USD 74

Published on 10/06/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho set a USD 74.00 target after USD 70.00 and kept Neutral. Eversource Energy stock yields 4.94 percent on September 25, 2026.

Photorealistischer CGI-Render eines modernen Unternehmensgebäudes mit Glasfassade und Solardach — Eversource Energy Firmensitz als moderner Architekturrender mit Solarpanelen und Glasfassade ISIN US30040W1080, Illustration mit AI erstellt.

Eversource Energy (ISIN US30040W1080) has a USD 74.00 Mizuho price target, up from USD 70.00, while the analyst kept a Neutral rating on September 25, 2026, according to Investing.com. The target revision gives the stock a defined analyst reference as the utility works through weaker second-quarter earnings and a strategic shift toward regulated electric and gas operations.

Gas plan enters public review

A Massachusetts Department of Public Utilities hearing on October 6, 2026, covers Eversource's Long-Range Forecast and Supply Plan for November 1, 2026, through October 31, 2031, according to Mass.gov. The proceeding is centered on projected natural-gas requirements and whether the plan meets customer demand at the lowest possible cost.

For investors, the five-year horizon matters because Eversource operates regulated electric and natural-gas utilities across Connecticut, Massachusetts and New Hampshire. The review connects the stock to rate-setting, infrastructure spending and customer-demand assumptions rather than to a single short-term sales contract.

Second-quarter figures set the hurdle

Investing.com reported that Eversource posted USD 2.90 billion of revenue in the second quarter of 2026, below the USD 3.07 billion expectation, while adjusted earnings per share came to USD 0.87 versus USD 0.94 expected. The revenue gap was paired with non-cash charges connected to a water-asset sale and an offshore wind project.

The company reaffirmed full-year 2026 non-GAAP earnings-per-share guidance of USD 4.57 to USD 4.72 and projected long-term growth of 5.00 percent to 7.00 percent, according to the same Investing.com report. That range gives the USD 74.00 target a fundamental test: execution must improve while the business simplifies around regulated utility operations.

NYSE valuation remains measurable

MarketBeat identifies Eversource Energy as a NYSE-listed electric utility under ticker ES. Its quoted 52-week range was USD 62.72 to USD 76.57, while the finance data timestamp showed USD 64.69 at 10:33 a.m. ET on October 6, 2026, and a market capitalization of USD 24.3 billion.

The price sat within the stated annual range, while the 4.94 percent dividend yield cited by Investing.com remains a visible part of the equity case. The combination of a Neutral analyst rating, a USD 74.00 target and a reaffirmed USD 4.57 to USD 4.72 earnings range leaves operating delivery as the central valuation variable.