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National Grid Transco ( (NGG) ) just unveiled an announcement.
National Grid said on 13 April 2026 that trading for the year to 31 March 2026 remained in line with expectations and prior guidance, ahead of publishing full-year results in May. The company flagged an estimated net 1 pence per share reduction to underlying earnings, driven by customer refund charges linked to a 19 March 2026 FERC judgment on New England Transmission and higher-than-expected US storm costs, partly offset by lower finance costs.
The group will announce its full-year 2025/26 results on 14 May 2026, followed by a presentation and Q&A with its chief executive and chief financial officer later that day. While the update confirms overall performance is broadly on track, the modest EPS headwind underlines ongoing regulatory and weather-related pressures in its US networks, factors closely watched by investors in regulated utilities.
The most recent analyst rating on (NGG) stock is a Buy with a $85.50 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s overall score reflects strong earnings call insights and technical momentum, balanced by financial performance challenges and moderate valuation. The company’s strategic investments and regulatory support are key strengths, while high capital expenditures and revenue pressures pose risks.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc is a UK-headquartered energy infrastructure company that owns and operates electricity and gas transmission and distribution networks in the UK and the US. The group plays a central role in grid reliability and the energy transition, earning largely regulated returns from its network assets and related services in its core New England and broader US operations, as well as across Great Britain.
Average Trading Volume: 1,156,466
Technical Sentiment Signal: Buy
Current Market Cap: $89.82B
For a thorough assessment of NGG stock, go to TipRanks’ Stock Analysis page.