Eversource Energy (ES)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$71.05-0.59%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
QuarterlyIQ Insights · ES
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 6.9% |
| Our one-year growth estimate | diamond | 1.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to real (inflation-adjusted) rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 5.3 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 31 industry peers · Company calendar date is not available
ES — earnings miss
Dated 2026-07-30
Results of Operations and Financial Conditions. On July 30, 2026, Eversource Energy issued a news release announcing its unaudited results of operations for the second quarter and first six months ended June 30, 2026, and related financial information for certain of its subsidiaries as of and for the same period. A copy of the news release and related unaudited financial report are attached as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference thereto. The informat…
Why it matters: Lower earnings would show ongoing issues from the lower ROE and hurt overall performance.
Worry ifTransmission segment earnings were below $183.7 million in Q3.
Less concerning ifTransmission segment earnings reported at or above $183.7 million in Q3.
Why it matters: A significant reduction in debt would strengthen the balance sheet and support future growth.
Supportive ifEversource says it cut debt by at least $1.7 billion after selling Aquarion.
Worry ifDebt levels stay the same or go up even with the Aquarion sale money.
Why it matters: A good ruling could help Eversource earn more money from its transmission business.
Supportive ifFERC grants Eversource a return on equity rate of 11.39% or higher.
Worry ifFERC denies the appeal or maintains the 9.57% rate.
Why it matters: The FERC ROE cut affects Eversource's earnings and financial health.
Worry ifTransmission earnings decline further from $183.7 million in Q2 2026.
Less concerning ifTransmission earnings stabilize or grow from current levels.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$82 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $235 loss on $10,000 · 2.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,513 loss on $10,000 · 15.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A miss would show ongoing problems in meeting earnings goals. This could hurt investor trust.
Worry ifQ3 non-GAAP recurring EPS reported below $4.57 per share.
Less concerning ifQ3 non-GAAP recurring EPS reported at or above $4.57 per share.
Why it matters: Keeping the 2025 EPS guidance shows confidence in future results. This can help stock mood.
Supportive ifManagement reaffirms EPS guidance for 2025 during the next earnings call.
Worry ifManagement lowers EPS guidance for 2025 in the next earnings call.
Why it matters: Keeping EPS guidance shows that Eversource is stable and can grow.
Supportive ifManagement says that 2026 non-GAAP recurring EPS will be between $4.57 and $4.72 per share.
Worry ifManagement lowers the 2026 EPS guidance below $4.57 per share.
Why it matters: Changes in liabilities can greatly affect earnings and cash flow.
Worry ifEversource expects lower costs for offshore wind.
Less concerning ifEversource says costs for offshore wind will go over $75 million.
Why it matters: Maintaining EPS guidance signals strong performance and confidence in earnings growth. It reassures investors.
Supportive ifEversource says its 2026 non-GAAP recurring EPS will be between $4.57 and $4.72 per share.
Worry ifEversource revises 2026 EPS guidance downwards below $4.57 per share.
Why it matters: If utility sector revenue growth speeds up, it could benefit Eversource's performance. This is crucial for its growth narrative.
Watch forSector revenue growth rises above 5% year over year.
Also watch forSector revenue growth remains below 5% year over year.
Why it matters: Progress on this plan is key for Eversource's growth and trust.
Supportive ifManagement says they are making good progress and hitting important goals in the plan.
Worry ifDelays or budget cuts are announced regarding the investment plan.
Why it matters: Maintaining EPS guidance shows the company is on track for growth. This can boost investor confidence.
Supportive ifManagement reaffirms EPS guidance for 2026 during the next earnings call.
Worry ifManagement reduces EPS guidance for 2026 in the next earnings call.
Why it matters: Fixing the ROE could help earnings and make investors feel better.
Supportive ifManagement shares good news or progress on rules to fix transmission ROE.
Worry ifNo news or bad results about rules on transmission ROE.
Why it matters: Interest expenses lower net income. Rising expenses may show financial strain and affect earnings.
Worry ifInterest expenses go down from last quarter, which helps the net income outlook.
Less concerning ifInterest expenses go up from last quarter, which adds pressure on net income.