Goldman Sachs cuts target to USD 80 for Eversource Energy stock

Published on 10/17/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eversource reports results November 4, 2026. Eversource Energy stock last traded at USD 66.85 on October 16, 2026, up 1.30 percent on NYSE.

Analyst target and reporting date

Goldman Sachs lowered its Eversource Energy target to USD 80.00 on October 15, 2026.
Eversource Energy will publish third-quarter results on November 4, 2026.
Eversource Energy stock last traded at USD 66.85 on October 16, 2026, up 1.30 percent on NYSE versus USD 65.99.
Eversource Energy had a USD 25.2 billion market capitalization and a 17.32 P/E ratio on October 16, 2026.

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Yahoo Finance reported on October 15, 2026 that Goldman Sachs cut its Eversource Energy price target from USD 82.00 to USD 80.00 while maintaining a Buy rating. The new target is 19.68 percent above the October 16, 2026 NYSE price of USD 66.85. Eversource Energy stock last traded at USD 66.85 on October 16, 2026 at 4:00 p.m. ET, up 1.30 percent from USD 65.99.

Results arrive November 4

Eversource Energy will release its third-quarter 2026 results after the NYSE close on November 4, 2026, followed by an earnings call on November 5, 2026. Yahoo Finance carried the company release dated October 15, 2026, which gives both dates and the 9:00 a.m. ET call time.

Quarterly figures remain uneven

For the second quarter of 2026, revenue rose 2.30 percent year over year to USD 2.90 billion, while GAAP net income fell to USD 53.68 million from USD 352.70 million. The decline included a USD 164.00 million after-tax offshore wind charge and a USD 111.40 million non-cash loss on the Aquarion water sale. Recurring earnings were USD 0.87 per diluted share, down 9.40 percent from USD 0.96 a year earlier, and 2026 recurring earnings guidance remained USD 4.57 to USD 4.72. These figures and the one-off items were reported by Financial Report Insights for the quarter ended June 30, 2026.

Range and valuation on October 16

The NYSE session ranged from USD 66.06 to USD 67.09, with 2,389,280 shares traded against an average volume of 2,360,240. Eversource Energy's 52-week range was USD 62.72 to USD 76.57, placing the last price 12.70 percent below the high and 6.58 percent above the low.

MarketBeat lists a USD 25.2 billion market capitalization, a 17.32 P/E ratio and a 4.72 percent dividend yield as of October 16, 2026. Its consensus target was USD 72.64 from 12 analysts, while Goldman Sachs' USD 80.00 target sits higher. The company operates regulated electric and natural gas utilities in Connecticut, Massachusetts and New Hampshire.

Comparison with peers

Eversource Energy: plus 1.30 percent, P/E 17.32, market capitalization USD 25.2 billion.

American Electric Power (NYSE, USD): plus 2.29 percent, P/E 22.00, market capitalization USD 69.2 billion.

Duke Energy (NYSE, USD): plus 2.18 percent, P/E 18.24, market capitalization USD 94.7 billion.

Price stays above the yearly low

The October 16 close leaves Eversource Energy 6.58 percent above its 52-week low and 12.70 percent below its 52-week high. Goldman Sachs' revised target and the November reporting date give investors two dated reference points for the next phase.

Market context: Market report S&P 500.

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