Consolidated Edison with a cautious analyst tone, shares under a trimmed Argus target
28.06.2026 - 12:00:07 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-28, 11:59.
Consolidated Edison (US2091151041) sits in focus today with a fresh analyst adjustment. The New York utility, whose shares trade on the NYSE under ticker ED, faces a cautious backdrop after a recent Argus price target cut as reported by financial media.
What Argus has changed
On June 23, Argus trimmed its price target on Consolidated Edison from 118 dollars to 112 dollars, while reaffirming a Buy rating on the shares, according to a Yahoo Finance summary of the Argus note. The lower target suggests reduced upside in the near term, but the maintained Buy stance indicates continued confidence in the company’s defensive utility profile.
The Argus move comes after Consolidated Edison reported first quarter 2026 earnings on May 7, 2026, with earnings per share of 2.18 dollars versus a consensus estimate of 2.28 dollars, missing expectations by 0.10 dollars per share as compiled by MarketBeat. This miss gives context to Argus’ more cautious target, even as the rating stays supportive.
Consensus and recent earnings picture
MarketBeat data show Consolidated Edison’s Q1 2026 release on May 7 as the latest reported quarter, with the 2.18 dollar EPS print shaping analyst adjustments since then. The utility’s shares closed at 111.99 dollars on June 26, 2026, with extended trading at 112.07 dollars later that day, positioning the stock just below the new Argus target range.
The NYSE listing and the company’s inclusion in major U.S. utility peer comparisons keeps the stock in focus for income-oriented investors alongside names such as Constellation Energy and other S&P 500 utilities. The maintained Buy rating from Argus sits within a broader consensus that views regulated utilities as defensive holdings in volatile markets.
All news and analysis on the Consolidated Edison shares
For more background, historical figures and additional analyst views on Consolidated Edison, the topic hub aggregates recent disclosures and coverage.
How Consolidated Edison earns its money
Consolidated Edison’s core business is operating one of the largest energy delivery systems in the world, providing electric, gas and steam service to around 10 million people and businesses in New York City and Westchester County. Revenues stem primarily from regulated distribution of electricity and natural gas, with additional income streams from steam service and related infrastructure.
Where the shares trade today
The Consolidated Edison shares (US2091151041) last closed on the NYSE at 111.99 dollars on 2026-06-26, 15:59 Eastern Time, with extended trading indicating 112.07 dollars later that evening.
Consolidated Edison at a glance
- Company: Consolidated Edison, Inc.
- ISIN: US2091151041
- WKN: 911090
- Ticker: ED
- Trading venue: NYSE
- Price (as of 2026-06-26, 15:59): 111.99 USD
- Market cap: approximately 39 billion USD (as of 2026-06-26, based on NYSE price and reported shares outstanding, rounded)
- Sector / industry: Utilities - Multi-Utilities
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This text is for informational purposes only and does not constitute investment advice, tax advice or a recommendation to buy or sell securities. All data are based on sources cited and checked at the time of publication; they may change over time.
