Eversource Energy (ES) AI Stock Analysis

• Market Cap: $23.64B
• Dividend Yield: 4.63%
• Average Volume (3M): 2.21M
• Price to Earnings (P/E): 27.4
• Beta (1Y): 0.18
• Revenue Growth: 14.44%
• EPS Growth: N/A
• Country: US
• Employees: 10,000
• Sector: Utilities
• Sector Strength: 63
• Industry: Regulated Electric
• EPS (TTM): 0.96
• Shares Outstanding: 371,115,170
• 10 Day Avg. Volume: 2,605,173
• 30 Day Avg. Volume: 2,212,805
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.24
• Enterprise Value/Revenue: 4.18
• Enterprise Value/Gross Profit: 10.80
• Enterprise Value/Ebitda: 12.47
• 1Y Price Target: $64.29
• Price Target Upside: 1.37% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 7

• Rating: 66 Neutral
• Price Target: $68.00 ▲(7.22% Upside)

Eversource Energy's overall stock score reflects a balanced view of its financial performance, technical indicators, valuation, and recent corporate developments. The company's strong dividend yield and positive corporate events provide support, while challenges in revenue growth and regulatory environments pose risks. The technical analysis suggests short-term bearish momentum, but the earnings call and corporate events highlight strategic growth initiatives and financial resilience.

Positive Factors

Earnings Growth

Earnings increased year over year due to higher overall electric transmission resulting from continued investment in the system.

Project Development

Orsted announced the project is 75% complete and the company reiterated that it is well-positioned for its role.

Regulatory Improvements

SB4 repositions PURA to serve in an administrative-only capacity, which may help future rate proceedings move faster, reduce uncertainty, and be more consistent.

Negative Factors

Financial Risks

Eversource Energy faces a liability of over $745 million if the Revolution Wind project does not proceed.

Operational Uncertainty

The halt of the Revolution Wind project adds to the uncertainty and risks associated with offshore wind projects.

Regulatory Challenges

The stop-work order on the Revolution Wind project presents regulatory challenges for Eversource Energy in its Connecticut jurisdiction.

Eversource Energy Business Overview & Revenue Model

Company Description

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.

How the Company Makes Money

Eversource Energy generates revenue primarily through the sale of electricity and natural gas to residential, commercial, and industrial customers. The company's revenue model is based on regulated utility rates set by state public utility commissions, which allows it to earn a return on its investments in infrastructure and service delivery. Key revenue streams include electricity transmission and distribution, natural gas distribution, and energy efficiency programs. Additionally, Eversource may engage in partnerships with renewable energy developers to support clean energy initiatives, which can provide additional income through power purchase agreements and incentives. The company's focus on expanding its renewable energy portfolio and improving energy efficiency also contributes to its long-term growth and stability.

Eversource Energy Financial Statement Overview

Summary

Eversource Energy presents a mixed financial picture with strengths in profit margins and operating cash flow, but challenges in revenue growth and leverage. The company has demonstrated resilience with a recent recovery in net income and free cash flow, yet maintaining this trajectory will be crucial, especially with the high debt levels typical of the industry. Strategic focus on enhancing revenue growth and managing leverage will be key to future financial health.

Income Statement

Eversource Energy shows a stable gross profit margin with a slight decline in revenue over recent years. The TTM data shows a strong net income recovery, leading to improved net profit margins. However, revenue growth has been inconsistent, with a notable decline in the previous year. EBIT and EBITDA margins indicate stable operating performance, but there is potential for improvement in revenue growth to enhance long-term profitability.

Balance Sheet

The balance sheet indicates a solid equity base with a stable equity ratio. The debt-to-equity ratio is relatively high, which is typical for the regulated electric industry but poses potential leverage risks. Return on equity has fluctuated, reflecting varying profitability levels. Overall, the company maintains a stable asset base, but leverage management remains critical.

Cash Flow

Eversource Energy's cash flow position benefits from a strong operating cash flow relative to net income, indicating quality earnings. However, free cash flow has been negative in past periods, though recent TTM data shows significant improvement. The company needs to sustain positive free cash flow trends to ensure long-term financial flexibility, especially given high capital expenditure requirements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.69B	11.90B	11.91B	12.29B	9.86B	8.90B
Gross Profit	4.91B	3.70B	4.85B	5.41B	4.75B	4.44B
EBITDA	4.26B	4.13B	1.40B	4.19B	3.49B	3.25B
Net Income	840.59M	811.65M	-442.24M	1.40B	1.22B	1.21B
Balance Sheet
Total Assets	60.19B	59.59B	55.61B	53.23B	48.49B	46.10B
Cash, Cash Equivalents and Short-Term Investments	111.36M	26.66M	53.87M	374.60M	66.77M	106.60M
Total Debt	29.43B	29.11B	26.75B	22.94B	20.22B	17.97B
Total Liabilities	44.70B	44.40B	41.28B	37.60B	33.74B	31.88B
Stockholders Equity	15.34B	15.04B	14.17B	15.47B	14.60B	14.06B
Cash Flow
Free Cash Flow	-1.43B	-2.32B	-2.69B	-1.04B	-1.21B	-1.26B
Operating Cash Flow	2.91B	2.16B	1.65B	2.40B	1.96B	1.68B
Investing Cash Flow	-4.09B	-4.54B	-4.87B	-4.13B	-3.45B	-4.13B
Financing Cash Flow	1.02B	2.34B	2.87B	2.03B	1.44B	2.59B

Eversource Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 63.42
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES, the sentiment is Negative. The current price of 63.42 is below the 20-day moving average (MA) of 64.94, below the 50-day MA of 65.09, and above the 200-day MA of 60.87, indicating a neutral trend. The MACD of -0.48 indicates Positive momentum. The RSI at 41.41 is Neutral, neither overbought nor oversold. The STOCH value of 36.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES.

Eversource Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEE	75 Outperform	$26.97B	21.90	10.29%	2.74%	17.32%	3.35%
FE	73 Outperform	$25.10B	19.19	10.33%	4.00%	6.44%	49.07%
EIX	72 Outperform	$21.47B	8.20	17.37%	5.97%	4.26%	173.18%
PPL	71 Outperform	$26.93B	27.38	6.96%	2.90%	6.62%	17.35%
Sector *	66 Neutral	$17.25B	17.87	5.54%	3.65%	6.63%	11.55%
CMS	66 Neutral	$21.30B	21.00	12.48%	3.00%	8.25%	4.37%
ES	66 Neutral	$23.64B	27.42	5.63%	4.63%	14.44%	―

Eversource Energy Corporate Events

Eversource Energy Reports Q2 2025 Earnings Growth

On July 31, 2025, Eversource Energy reported its financial results for the second quarter of 2025, showing an increase in earnings to $352.7 million compared to $335.3 million in the same period of 2024. The company attributed this growth to improved performance across its electric transmission, electric distribution, natural gas, and water distribution segments, driven by increased investments and rate adjustments. However, the parent and other companies experienced increased losses due to higher interest expenses. Eversource reaffirmed its earnings projection for 2025 and its commitment to long-term investment strategies.

Eversource Energy Enters $1.2 Billion Equity Agreement

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.