TD Cowen Maintains a Hold Rating on Eversource Energy (ES)

Eversource Energy (NYSE:ES) is among the 15 Best Electric Utility Stocks to Invest In Now.

Eversource Energy (NYSE:ES) is among the Best Utility Stocks. 

On February 19, 2026, TD Cowen boosted Eversource Energy (NYSE:ES)’s price objective to $77 from $74, maintaining a Hold rating. TD Cowen said the 2026 EPS estimate fell short of expectations, but management predicted 5%-7% long-term EPS growth beginning in 2027. The outlook is partially supported by storm cost securitization and identifies 2027 as a potential turning point, noting regulatory reform needs in Connecticut and Massachusetts.

On February 13, 2026, Reuters reported that Eversource Energy (NYSE:ES)'s fourth-quarter profit climbed to $421.3 million, or $1.12 per share, from $72.5 million, or $0.20 per share, the previous year. The company achieved $123.6 million in natural gas earnings as opposed to $103.4 million last year and forecasts 2026 EPS of $4.80 to $4.95, compared to the LSEG consensus of $4.97. The firm lifted its five-year capital plan to $26.5 billion from $24.2 billion and anticipates $800 million to $1.1 billion in equity issuance between 2026 and 2030.

Eversource Energy (NYSE:ES) generates, transmits, and distributes natural gas and electricity. It operates in five segments: electric distribution, electric transmission, natural gas distribution, water distribution, and other.

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