Edison International Affirms 2026 Core EPS Growth Outlook

Edison International ( (EIX) ) just unveiled an announcement.

Edison International reported first-quarter 2026 net income of $531 million, or $1.38 per share, down from $1.436 billion, or $3.73 per share, a year earlier, while core earnings rose to $546 million, or $1.42 per share, from $528 million, or $1.37 per share. The improvement in core EPS was driven primarily by Southern California Edison’s adoption of the 2025 general rate case decision and lower preferred stock dividends at the parent, despite higher interest expense and the absence of certain interest benefits recorded in 2025.

On April 28, 2026, the company affirmed its 2026 core EPS guidance range of $5.90 to $6.20 and reiterated confidence in delivering 5–7% core EPS growth annually from 2025 to 2030. Management highlighted continued disciplined execution, progress on wildfire mitigation and rebuilding efforts, and operation of the Wildfire Recovery Compensation Program, underscoring the utility’s dual focus on system resilience and community support as key factors for investors and affected communities.

The most recent analyst rating on (EIX) stock is a Buy with a $78.00 price target. To see the full list of analyst forecasts on Edison International stock, see the EIX Stock Forecast page.

Spark’s Take on EIX Stock

According to Spark, TipRanks’ AI Analyst, EIX is a Neutral.

EIX scores 66 primarily because improving earnings and scale are tempered by persistently negative free cash flow and related funding flexibility concerns. Valuation is a major positive (very low P/E and strong yield), while technicals are currently soft. Earnings-call takeaways are constructive on long-term targets and financing plans, but wildfire liability uncertainty and near-term headwinds cap the score.

To see Spark’s full report on EIX stock, click here.

More about Edison International

Edison International, headquartered in Rosemead, Calif., is one of the largest U.S. electric utility holding companies, focused on providing clean and reliable energy and related services. Its main subsidiary, Southern California Edison, delivers electricity to 15 million people across Southern, Central and Coastal California, while its Trio unit offers sustainability and energy advisory services to large organizations in North America and Europe.

Through this combination of regulated utility operations and nonregulated advisory businesses, Edison International targets both mass-market power delivery and specialized corporate energy solutions. The company’s scale and geographic reach position it as a key player in California’s energy transition and broader decarbonization efforts, serving residential, commercial and institutional customers across multiple regions.

Average Trading Volume: 3,338,802

Technical Sentiment Signal: Strong Buy

Current Market Cap: $26.5B

For an in-depth examination of EIX stock, go to TipRanks’ Overview page.