Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Consolidated Edison, Inc. (ED) has a Wall Street consensus price target of $106.80, based on estimates from 27 covering analysts. With the stock currently trading at $112.52, this represents a potential downside of -5.1%. The company has a market capitalization of $26.50B.
Analyst price targets range from a low of $86.00 to a high of $118.00, representing a 30% spread in expectations. The median target of $108.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,16 rating it Hold, and 7 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, ED trades at a trailing P/E of 20.0x and forward P/E of 18.5x. The forward PEG ratio of 1.61 indicates reasonable valuation for growth. Analysts expect EPS to grow +8.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $126.75, with bear and bull scenarios of $83.16 and $187.31 respectively. Model confidence stands at 64/100, reflecting moderate uncertainty in projections.
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how ED stacks up against sector leader GE Vernova Inc..
Start ComparisonWall Street's consensus price target for ED is $106.8, -5.1% from its current price of $112.52. The below-market target from 27 analysts suggests limited near-term appreciation.
ED has a consensus rating of "Hold" based on 27 Wall Street analysts. The rating breakdown is leaning bearish, with 7 Sell/Strong Sell ratings. The consensus 12-month price target of $106.8 implies -5.1% downside from current levels.
With a forward P/E of 18.4526x, ED trades at a relatively low valuation. The consensus target of $106.8 implies -5.1% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $118 for ED, while the most conservative target is $86. The consensus of $106.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $187 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
ED is heavily covered by Wall Street, with 27 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 16 recommend Hold, and 7 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ED stock forecast based on 27 Wall Street analysts shows a consensus price target of $106.8, with estimates ranging from $86 (bear case) to $118 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $127, with bear/bull scenarios of $83/$187.
Our quantitative valuation model calculates ED's fair value at $127 (base case), with a bear case of $83 and bull case of $187. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 64/100.
ED trades at a forward P/E ratio of 18.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on ED, with 7 Sell ratings and a price target of $106.8 (-5.1% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ED analyst price targets range from $86 to $118, a 30% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $106.8 consensus represents the middle ground. Our model's $83-$187 range provides an independent fundamental perspective.