ED

AI Memo

Consolidated Edison

As of 2026-02-20/Confidence medium

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Data freshness

AI Memo

As of 2026-02-20 • Model: RankAlpha Sentiment AI

Decision Panel

Action, confidence, horizon, and decision blockers at a glance.

Action

—

Confidence

medium

Horizon

—

Key catalyst

Q1 2026 quarterly results • 2026-05-21

Expected move: -2%

Biggest risk

Adverse regulatory rulings, higher-than-expected storm/recovery costs, or sustained dividend pressure could compress multiples and push shares toward the low analyst range.

Invalidation

Break below $86 or thesis failure.

What would change my mind?

Steady regulated cash flows, successful rate-case outcomes, and resumed modest growth in capital returns support upside to the high analyst targets; dividend remains attractive to income investors.

Research note

Recommendation

—

Confidence

medium

As of

2026-02-20

Base target

$106

p=55%

Bull target

$128

p=20%

Bear target

$86

p=25%

Key bullets

Fast scan of bull, bear, and watch items

BullKey bullets

Dividend declaration / payout confirmation
Regulatory rate case outcomes (state-level)
Steady regulated cash flows, successful rate-case outcomes, and resumed modest growth in capital returns support upside to the high analyst targets; dividend remains attractive to income investors.

BearKey bullets

Adverse state PSC rate-case rulings that lower allowed ROE
Dividend cut or suspension driven by weaker cash flow or regulatory constraints
Major storm or operational outage causing large unplanned costs and penalties

WatchKey bullets

Q1 2026 quarterly results

Summary

High-level snapshot

Recommendation

Model confidence

medium

Timeframe

Asset

Equity

Trigger

Base case: $106 (p=55%)

Bull/Bear spread: +19% / -20%

Vs latest close: Bull +19% · Base -2% · Bear -20%

Scenario probabilities

Bull Target: $128 (p=20%)Base Target: $106 (p=55%)Bear Target: $86 (p=25%)

Commentary

Consensus is neutral-to-cautious: median target $106 with a wide high/low spread, leaving limited upside from the current anchor and focusing attention on regulatory timing and storm risk [#SERP-3][#SERP-2]. Analysts emphasize dividend durability and regulatory clarity; coverage skews toward 'Hold' until rate-case outcomes and capex execution are clearer [#SERP-6].

As of 2026-02-20 • Updated bi-weekly / post-earningsSource: Internal modelMethodology

Analyst Summary

Thesis highlights from the latest analysis

Bull Case

Steady regulated cash flows, successful rate-case outcomes, and resumed modest growth in capital returns support upside to the high analyst targets; dividend remains attractive to income investors.

Bear Case

Adverse regulatory rulings, higher-than-expected storm/recovery costs, or sustained dividend pressure could compress multiples and push shares toward the low analyst range.

Drivers

Scannable catalysts and supporting factors

Dividend declaration / payout confirmation
Regulatory rate case outcomes (state-level)

Human Analyst Targets

External snippets for comparison only; verify at source.

Unverified externalLast fetched 2026-02-20Source quality: external scrape

External snippets are unverified; treat as directional signals only. Always confirm with the original provider.

Inline RA est

Provider

serper

Median (USD)

$106.00

Range (USD)

$86.00 - $134.40

Count

Query: Consolidated Edison Inc Common (ED) analyst consensus price target high low average

Consolidated Edison (ED) Stock Forecast & Price Target
Search result #1
According to projections from 16 analysts, the average 12-month price target for Consolidated Edison is 105.19, with a high estimate of 128 and a low estimate ...
Open source
Consolidated Edison (ED) Price Targets - Zacks Investment Research
Search result #2
The forecasts range from a low of $86.00 to a high of $128.00. The average price target represents a decline of 5.29% from the last closing price of $111.61.
Extracted: $86.00, $128.00, $111.61Open source
Consolidated Edison, Inc.: Target Price Consensus and Analysts ...
Search result #3
Mean consensus. HOLD ; Number of Analysts. 18 ; Last Close Price. 113.72USD ; Average target price. 105.19USD ; Spread / Average Target. -7.50%.
Extracted: $113.72, $105.19Open source
Consolidated Edison, Inc. (ED) Stock Price, News, Quote & History
Search result #4
Q4. FY25. 0. 1B. 2B. 3B. 4B. View More. Analyst Insights: ED. View More. Analyst Price Targets. 86.00 Low. 105.44 Average. 111.92 Current. 128.00 High. Analyst ...
Open source
Con Ed (ED) Stock Forecast: Analyst Ratings, Predictions & Price ...
Search result #5
Financial analysts have set a price target of $103.31, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently ...
Extracted: $103.31Open source
Consolidated Edison Analyst Ratings and Price Targets | NYSE:ED
Search result #6
Consolidated Edison Inc has a consensus price target of $100.8 based on the ratings of 22 analysts. The high is $120 issued by Citigroup on April 9, 2025.
Extracted: $100.80, $120.00Open source

Scenarios

Bull Target (Scenario probability)

$128 / p=20% prob

Base Target (Scenario probability)

$106 / p=55% prob

Bear Target (Scenario probability)

$86 / p=25% prob

Price $108 as of 2026-05-27

Nearest Scenario: Base (∆ 2%)

Targets vs latest close: Bull +19% · Base -2% · Bear -20%

Sentiment & Exposure

Sentiment unavailable: insufficient coverage

Events

Other notable items detected

EVENT2026-05-21
Q1 2026 quarterly results
Expected Q1 report and management commentary could drive re-rating around regulated earnings and capital spend assumptions [#SERP-3]. Assumed window end used for planning.
Prob 75.00% • Move 3.00% • Priced-in 60.00%

Short-term Catalysts

Next few weeks

Dividend declaration / payout confirmation
2026-05-21
Quarterly dividend announcement and confirmation of payout policy remain key for income-focused holders; any cut or coverage concerns would be meaningful [#SERP-6].
Prob 80% • Move 3% • Priced-in 70%

Long-term Catalysts

Months to a year

Regulatory rate case outcomes (state-level)
2027-02-20
Final decisions on pending rate cases or multi-year rate plans could materially affect allowed returns and long-term EPS trajectory; using a conservative 12-month horizon for potential rulings [#SERP-2].
Prob 50% • Move 8% • Priced-in 40%

Risks

Adverse state PSC rate-case rulings that lower allowed ROE
Dividend cut or suspension driven by weaker cash flow or regulatory constraints
Major storm or operational outage causing large unplanned costs and penalties
Sustained higher interest rates raising financing costs and pressuring coverage

Peers

Symbol	Summary
DUK	Direct comparator on rate-case outcomes and cost recovery; similar capital intensity and regulatory exposure.
D	Reference for dividend resilience and transmission capex impacts under adverse rulings.
NEE	Renewables-heavy peer that highlights differences in growth and capex allocation risk versus regulated utility cash flow.
AEP	Broad-footprint regulated utility with comparable credit profile and large multi-year capital program.

Sources

Internal and external references used in this analysis

Model source: RankAlpha Sentiment AI
Human targets: serper
Targets query: Consolidated Edison Inc Common (ED) analyst consensus price target high low average
Analysis date: 2026-02-20

AI Stock Memo: ED - Consolidated Edison - RankAlpha