Eversource Energy Enters $1.2 Billion Equity Agreement

An announcement from Eversource Energy ( (ES) ) is now available.

On May 30, 2025, Eversource Energy entered into an Equity Distribution Agreement with several financial institutions, allowing the company to issue and sell up to $1.2 billion in common shares. This move is part of Eversource’s strategy to strengthen its financial position and potentially expand its market presence, impacting its operations and stakeholders positively.

The most recent analyst rating on (ES) stock is a Sell with a $56.00 price target. To see the full list of analyst forecasts on Eversource Energy stock, see the ES Stock Forecast page.

Spark’s Take on ES Stock

According to Spark, TipRanks’ AI Analyst, ES is a Outperform.

Eversource Energy’s overall score reflects a solid financial performance with strengths in profit margins and cash flow, tempered by challenges in revenue growth and leverage. The positive sentiment from the earnings call and corporate events supports a stable outlook, reinforced by a strong dividend yield. While technical indicators present a neutral trend, strategic growth initiatives and regulatory improvements remain crucial for future performance.

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

More about Eversource Energy

Eversource Energy operates in the energy industry, providing electricity and natural gas services to customers in the northeastern United States.

Average Trading Volume: 2,744,987

Technical Sentiment Signal: Buy

Current Market Cap: $23.28B

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