Barclays Maintains Overweight Rating on Edison's (EIX) Despite Mixed Q2 Results

Edison International (NYSE:EIX) is one of the best defensive stocks to invest in according to analysts. Edison remains on analysts’ radar as a solid long-term utility play, although it ranks as the second-weakest performer in terms of year-to-date share price decline on this list.

The company recently reaffirmed its confidence in meeting its 2025 earnings target, despite reporting lower core EPS in the second quarter of 2025. Management continues to guide for core EPS in the $5.94–$6.34 range for the year, compared to a consensus of $6.06, and reiterated its long-term earnings growth target of 5% to 7% through 2028, projecting EPS to reach $6.74–$7.14 by then.

The company seems to be witnessing near-term pressures on earnings from higher operating and maintenance costs and elevated interest expenses. These factors contributed to a year-over-year decline in core EPS for Q2 2025 from $1.23 to $0.97.

However, Edison’s revenue was better than expected, rising about 5% year-over-year to $4.54 billion. Despite a higher rate environment, this topline resilience and the steady outlook support the company’s long-term growth outlook.

Following the company’s Q2 results, Barclays analyst Nicholas Campanella raised the firm’s price target on Edison International to $65 from $64 while maintaining an Overweight rating (report published on August 4).

Edison International (NYSE:EIX), through its subsidiaries, generates and distributes electric power, as well as provides energy services and technologies, including renewable energy.

While we acknowledge the potential of EIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.