Consolidated Edison Inc Dossier
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SectorUtilities IndustryMulti-Utilities Beta (adjusted)0.51 Intrinsic Value $110.42median of 6 methods · middle span $86-$118based on filings through 31 Mar 2026 Market Price $103.50Price as of 1 Oct 2026 Near fair valueIntrinsic value is 7% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $38.3B Enterprise Value $63.9B Shares Outstanding 371.8M diluted Moat Rating None Next Earnings Date5 Nov 2026 Last ex-dividend19 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Con Edison offers defensive regulated-utility exposure, reaffirmed 2026 adjusted EPS guidance of $6.00-$6.20 per share, a continuing common dividend, and a substantial reliability and resilience investment program. The balanced view reflects execution and regulatory-recovery requirements, customer-affordability pressure, extreme-weather exposure, and potential dilution from the $2 billion at-the-market equity program. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$94.00 Mean target$110.97 High · most bullish analyst$130.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $94.0024% The adverse case assumes guidance is reduced, regulatory recovery lags spending, customer-affordability constraints intensify, or equity issuance materially dilutes per-share growth. Extreme heat and other severe weather could also increase operating and capital requirements. Base CaseCentral scenario $110.9755% Matches the consensus meanThe modal case assumes Con Edison delivers within its reaffirmed $6.00-$6.20 adjusted EPS guidance, continues reliability and resilience investment, and funds capital requirements through a combination that may include the announced ATM program. Dividend continuity supports the case, but regulatory, affordability, financing, and execution constraints limit conviction. Bull CaseUpside scenario $130.0021% The favorable case assumes results remain within the upper portion of reaffirmed 2026 adjusted EPS guidance, rate-base investment produces timely regulated returns, and reliability spending supports demand growth and electrification without material cost disallowances. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |