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Edison International Seeks Approval for Woolsey Fire Settlement

Story Highlights
  • SCE seeks CPUC approval to recover $2 billion of $5.6 billion losses.
  • Settlement aims to resolve financial impacts from 2017/2018 wildfires, improving SCE’s financial strength.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Edison International Seeks Approval for Woolsey Fire Settlement

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The latest update is out from Edison International ( (EIX) ).

Edison International‘s subsidiary, Southern California Edison (SCE), is involved in the electric utility industry, focusing on power generation and distribution. On September 19, 2025, SCE filed a motion with the California Public Utilities Commission (CPUC) seeking approval of a settlement agreement related to the 2018 Woolsey Fire. The agreement, if approved, would allow SCE to recover 35% of its $5.6 billion losses, amounting to approximately $2 billion. This settlement is a significant step in resolving financial impacts from the 2017/2018 wildfire events, potentially improving SCE’s financial strength and reducing costs for customers.

The most recent analyst rating on (EIX) stock is a Sell with a $61.00 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 Outperform.

Edison International’s strong valuation and technical indicators are the most significant strengths, suggesting potential for price appreciation and income generation. Financial performance is solid but challenged by high leverage and cash flow issues. Earnings call and corporate events highlight both confidence in long-term growth and current challenges, such as regulatory and wildfire risks.

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

More about Edison International

Average Trading Volume: 3,584,566

Technical Sentiment Signal: Hold

Current Market Cap: $21.38B

See more data about EIX stock on TipRanks’ Stock Analysis page.

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