Upside case
Bull case
$83+20.7%
EIX would need investors to value it at roughly 14x earnings — about 2x more generous than today's 11x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Edison International (EIX) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
36
analysts
19 bullish · 4 bearish · 36 covering EIX
Strong Buy
0
Buy
19
Hold
13
Sell
4
Strong Sell
0
Consensus Target
$75
+8.5% vs today
Scenario Range
— – $83
Model bear to bull value window
Coverage
36
Published analyst ratings
Valuation Context
11.2x
Forward P/E · Market cap $26.5B
EIX price targets
Three scenarios for where EIX stock could go
Current
~$69
Confidence
49 / 100
Updated
May 1, 2026
Where we are now
Current · $69
Base
$62
Bull
$83
Market caseClosest to today
Base case
$62-10.0%
This is close to how the market is already pricing EIX — at roughly 10x forward earnings. No dramatic re-rating needed, just steady execution on the core business.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Edison International
EIX · NYSEUtilitiesRegulated ElectricDecember year-end
Edison International is a regulated electric utility that generates, transmits, and distributes electricity to approximately 15 million customers across Southern California. It makes money primarily through regulated rate-based operations — earning a return on its capital investments in power generation, transmission, and distribution infrastructure — with its Southern California Edison subsidiary contributing the vast majority of revenue. The company's key advantage is its regulated monopoly status in its service territory, providing stable cash flows through authorized returns on its massive infrastructure investments.
Market Cap
$26.5B
Revenue TTM
$19.6B
Net Income TTM
$3.7B
Net Margin
18.9%
EIX Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
83%Exceptional
12 quarters tracked
Revenue Beat Rate
50%Exceptional
vs consensus estimates
Avg EPS Surprise
+8.2%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$0.97/$0.91
Revenue
$4.5B/$4.2B
Q4 2025
EPS
$2.34/$2.16
Revenue
$5.8B/$4.3B
Q1 2026
EPS
$1.87/$1.37
Revenue
$5.2B/$4.6B
Q2 2026
EPS
$1.42/$1.32
Revenue
$4.1B/$4.2B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.97/$0.91 | +6.7% | $4.5B/$4.2B | +8.1% |
| Q4 2025 | $2.34/$2.16 | +8.3% | $5.8B/$4.3B | +34.1% |
| Q1 2026 | $1.87/$1.37 | +36.5% | $5.2B/$4.6B | +12.9% |
| Q2 2026 | $1.42/$1.32 | +7.6% | $4.1B/$4.2B | -1.2% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$20.4B
+3.8% YoY
FY2
$21.9B
+7.4% YoY
EPS Outlook
FY1
$9.06
-5.2% YoY
FY2
$10.39
+14.7% YoY
Trailing FCF (TTM)-$643M
FCF Margin: -3.3%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
EIX beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
EIX Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2011
Total disclosed revenue $12.8B
Product Mix
Latest annual revenue by segment or product family
Electric Utility
82.9%
+6.0% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Electric Utility is the largest disclosed segment at 82.9% of FY 2011 revenue, up 6.0% YoY.
EIX Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Undervalued
Fair value est. $237 — implies +239.0% from today's price.
Upside to Fair Value
239.0%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
EIX
6.0x
vs
S&P 500
25.2x
76% discount
vs Utilities Trailing P/E
EIX
6.0x
vs
Utilities
19.7x
70% discount
vs EIX 5Y Avg P/E
Today
6.0x
vs
5Y Average
25.2x
76% discount
Forward PE
11.2x
S&P 500
19.1x
-41%
Utilities
17.2x
-35%
5Y Avg
—
—
Trailing PE
6.0x
S&P 500
25.2x
-76%
Utilities
19.7x
-70%
5Y Avg
25.2x
-76%
PEG Ratio
0.14x
S&P 500
1.75x
-92%
Utilities
1.73x
-92%
5Y Avg
—
—
EV/EBITDA
7.0x
S&P 500
15.3x
-54%
Utilities
11.5x
-39%
5Y Avg
11.7x
-40%
Price/FCF
—
S&P 500
21.3x
—
Utilities
15.4x
—
5Y Avg
—
—
Price/Sales
1.4x
S&P 500
3.1x
-56%
Utilities
2.2x
-37%
5Y Avg
1.6x
-12%
Dividend Yield
4.81%
S&P 500
1.88%
+156%
Utilities
3.07%
+57%
5Y Avg
4.31%
+12%
| Metric | EIX | S&P 500 | Utilities | 5Y Avg EIX |
|---|---|---|---|---|
| Forward PE | 11.2x | 19.1x-41% | 17.2x-35% | — |
| Trailing PE | 6.0x | 25.2x-76% | 19.7x-70% | 25.2x-76% |
| PEG Ratio | 0.14x | 1.75x-92% | 1.73x-92% | — |
| EV/EBITDA | 7.0x | 15.3x-54% | 11.5x-39% | 11.7x-40% |
| Price/FCF | — | 21.3x | 15.4x | — |
| Price/Sales | 1.4x | 3.1x-56% | 2.2x-37% | 1.6x-12% |
| Dividend Yield | 4.81% | 1.88% | 3.07% | 4.31% |
EIX trades above S&P 500 benchmarks on 0 of 5 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolEIX Financial Health
Verdict
Exceptional
EIX earns 21.3% operating margin on regulated earnings, 4.8% dividend yield. Utilities carry higher leverage than industrials as a structural feature of the business model.
Regulated Operations
Revenue, regulated margins, and earnings
Revenue (TTM)
Trailing-twelve-month sales base
$19.6B
Revenue Growth
TTM vs prior year
+13.1%
Operating Margin
Operating income divided by revenue
21.3%
Net Margin
Net income divided by revenue
18.9%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$9.56
Operating Margin
Operating income over revenue — primary regulated earnings signal
21.3%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
9.1%
ROA
Return on assets, trailing twelve months
4.0%
Cash & Equivalents
Liquid assets on the balance sheet
$158M
Net Debt
Total debt minus cash
$42.4B
Debt Serviceability
Net debt as a multiple of annual free cash flow
—
Regulated utilities typically operate at 3–5× net debt/FCF — this is structural, not a risk flag.
ROE
Return on equity, trailing twelve months
19.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
11.2%
Dividend
4.8%
Buyback
6.4%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$1.7B
Dividend / Share
Annualized trailing dividend per share
$3.31
Payout Ratio
Share of earnings distributed as dividends
28.0%
Shares Outstanding
Declining as buybacks retire shares
385M
All figures from the trailing twelve months. Utilities operate with structural leverage (3–5× net debt/FCF) due to regulated, predictable cash flows.
Open full ratios pageEIX Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
Wildfire Liability Exposure
Edison International faces substantial financial exposure from wildfires in Southern California, where catastrophic events can deplete its AB 1054 wildfire fund. Even with grid hardening and PSPS, regulatory or legislative limits could restrict mitigation, increasing potential losses. Credit rating agencies flag fund depletion as a key risk to the company's financial stability.
Medium
Credit Rating & Debt Load
The company carries a high debt-to-equity ratio, above industry averages, making it heavily reliant on capital markets. S&P and Fitch have issued negative outlooks, and any downgrade could raise borrowing costs. This leverage amplifies the impact of wildfire losses and regulatory delays.
Medium
Regulatory Cost Recovery
EIX's ability to recover wildfire mitigation and infrastructure costs depends on CPUC approvals. Delays or unfavorable rulings can compress earnings and force rate increases. Political pressure from higher rates may spur customer churn to CCAs.
Lower
Cybersecurity & Physical Security
Cyber and physical security threats pose a material risk to operations and financial condition. A successful attack could disrupt grid operations or expose sensitive data, leading to regulatory penalties and reputational damage.
Lower
Climate Change & Extreme Weather
Increasing frequency and intensity of wildfires and extreme weather events threaten infrastructure resilience. These events can cause outages, damage, and higher maintenance costs, impacting reliability and customer satisfaction.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why EIX Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Consistent EPS Growth & Guidance
Edison International has met or exceeded EPS guidance for over two decades and has reaffirmed a 5% to 7% core EPS growth target through 2030. In 2025, core EPS reached $6.55, surpassing the high end of its guidance, and the company’s 2026 guidance ($5.90-$6.20) and 2027 guidance ($6.25-$6.65) exceeded analyst expectations.
Attractive Dividend Yield & Return
The company offers a competitive dividend yield of approximately 5%, supporting a projected total shareholder return of 10% to 12%. Edison has increased its dividend for 22 consecutive years, underscoring its commitment to shareholder value.
Robust Capital Plan for Grid Modernization
Edison plans to invest $38–$41 billion in capital projects from 2026 to 2030, focusing on grid hardening, modernization, and a new smart‑metering program. This investment is expected to drive rate‑base growth of roughly 7% from 2025 to 2030.
Clean Energy Transition & Net‑Zero Goal
Edison is investing substantially in solar, wind, and energy‑storage projects to meet California’s environmental mandates and capitalize on renewable growth. The company aims to reach net‑zero greenhouse gas emissions by 2045, positioning it as a leader in the clean‑energy shift.
Stable Regulatory Environment & Decoupling
Edison benefits from constructive California and federal regulatory structures that promote infrastructure investment, with decoupling mechanisms separating revenue from sales volume. Recent regulatory proceedings have concluded, providing increased visibility and stability for the company’s financial performance.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
EIX Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$68.80
52W Range Position
74%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$47.73
+44.1% from the low
52-Week High
$76.22
-9.7% from the high
1 Month
-6.51%
3 Month
+7.48%
YTD
+12.9%
1 Year
+25.5%
3Y CAGR
-2.1%
5Y CAGR
+3.2%
10Y CAGR
-0.5%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
EIX vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
11.2x
vs 18.3x median
-39% below peer median
Revenue Growth
+3.8%
vs +3.4% median
+14% above peer median
Net Margin
18.9%
vs 14.4% median
+31% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
EIX EIX Edison International | $26.5B | 11.2x | +3.8% | 18.9% | Buy | +8.5% |
PCG PCG PG&E Corporation | $35.6B | 9.8x | +3.4% | 11.4% | Buy | +42.2% |
SRE SRE Sempra | $60.9B | 18.3x | +2.7% | 14.4% | Buy | +14.2% |
ED ED Consolidated Edison, Inc. | $25.2B | 17.5x | +6.8% | 12.3% | Hold | +1.8% |
DUK DUK Duke Energy Corporation | $97.7B | 18.7x | +2.4% | 15.4% | Hold | +7.9% |
SO SO The Southern Company | $105.4B | 20.4x | +4.5% | 14.5% | Hold | +6.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
EIX Dividend and Capital Return
EIX returns 11.2% annually — 4.80% through dividends and 6.4% through buybacks.
Dividend SustainableFCF Unknown
Total Shareholder Yield
11.2%
Dividend + buyback return per year
Buyback Yield
6.4%
Dividend Yield
4.80%
Payout Ratio
28.0%
How EIX Splits Its Return
Div 4.80%
Buyback 6.4%
Dividend 4.80%Buybacks 6.4%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$3.31
Growth Streak
Consecutive years of dividend increases
6Y
3Y Div CAGR
5.3%
5Y Div CAGR
5.2%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$1.7B
Estimated Shares Retired
25M
Approx. Share Reduction
6.4%
Shares Outstanding
Current diluted share count from the screening snapshot
385M
At 6.4%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.75 | — | — | — |
| 2025 | $3.31 | +41.5% | 7.3% | 12.9% |
| 2024 | $2.34 | -21.8% | 2.8% | 6.6% |
| 2023 | $2.99 | +5.5% | 1.1% | 5.1% |
| 2022 | $2.84 | +5.6% | 0.0% | 4.3% |
FAQ
7 questionsEIX Investor Questions
Common questions answered from live analyst data and company financials.
01Is Edison International (EIX) stock a buy or sell in 2026?
Edison International (EIX) is rated Buy by Wall Street analysts as of 2026. Of 36 analysts covering the stock, 19 rate it Buy or Strong Buy, 13 rate it Hold, and 4 rate it Sell or Strong Sell. The consensus 12-month price target is $75, implying +8.5% from the current price of $69.
02What is the EIX stock price target for 2026?
The Wall Street consensus price target for EIX is $75 based on 36 analyst estimates. The high-end target is $82 (+19.2% from today), and the low-end target is $62 (-9.9%). The base case model target is $62.
03Is Edison International (EIX) stock overvalued in 2026?
EIX trades at 11.2x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals significantly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Edison International (EIX) stock in 2026?
The primary risks for EIX in 2026 are: (1) Wildfire Liability Exposure — Edison International faces substantial financial exposure from wildfires in Southern California, where catastrophic events can deplete its AB 1054 wildfire fund. (2) Credit Rating & Debt Load — The company carries a high debt-to-equity ratio, above industry averages, making it heavily reliant on capital markets. (3) Regulatory Cost Recovery — EIX's ability to recover wildfire mitigation and infrastructure costs depends on CPUC approvals. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Edison International's revenue and earnings forecast?
Analyst consensus estimates EIX will report consensus revenue of $20.4B (+3.8% year-over-year) and EPS of $9.06 (-5.2% year-over-year) for the upcoming fiscal year. The following year, analysts project $21.9B in revenue.
06When does Edison International (EIX) report its next earnings?
A confirmed upcoming earnings date for EIX is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Edison International generate?
Edison International (EIX) had a free cash outflow of $643M in free cash flow over the trailing twelve months — a free cash flow margin of 3.3%. EIX returns capital to shareholders through dividends (4.8% yield) and share repurchases ($1.7B TTM).