National Grid Reports Record Investment and Announces CEO Succession

National Grid Transco ( (NGG) ) has provided an update.

On May 15, 2025, National Grid announced its Full Year results for the period ending March 31, 2025, highlighting a record capital investment of nearly £10 billion, a 20% increase from the previous year. The company reported a 10% growth in regulated assets and a 20% increase in profit before tax, demonstrating strong performance across its business segments. Key projects include the construction of six Wave 1 ASTI projects and the connection of 2.2 GW of renewable generation in the UK. The strategic initiatives and regulatory updates indicate a robust plan for future growth, with a focus on expanding grid capacity and securing supply chains. Furthermore, the company announced a leadership transition with Zoë Yujnovich set to succeed John Pettigrew as CEO in November 2025.

The most recent analyst rating on (NGG) stock is a Hold with a $73.00 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 stock score reflects solid financial performance despite challenges in revenue and profitability. The technical indicators show bullish momentum, and the valuation offers a reasonable P/E with an attractive dividend yield. The positive sentiment from the recent earnings call, highlighting significant investments and strategic initiatives, further bolsters the stock’s outlook.

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

More about National Grid Transco

National Grid plc is a major player in the energy sector, primarily focused on electricity and gas transmission and distribution. The company operates in both the UK and the US, with a strong emphasis on providing secure, affordable, and clean energy solutions to its customers and communities.

Average Trading Volume: 857,214

Technical Sentiment Signal: Strong Buy

Current Market Cap: $65.49B

See more insights into NGG stock on TipRanks’ Stock Analysis page.