By Jeff Lewis

Eversource Energy (NYSE:ES) is one of the 7 Best Geothermal Stocks to Buy Now.

On April 22, 2026, BofA analyst Ross Fowler lowered the price target on Eversource Energy (NYSE:ES) to $72 from $73 and maintained a Buy rating. The firm estimates Q1 adjusted EPS of $1.58, slightly below consensus but higher year over year, driven primarily by gains in Natural Gas Distribution and smaller contributions from electric segments. BofA said those gains are being partially offset by higher interest expense and a somewhat higher tax rate at the parent level.

Earlier in April, Wells Fargo lowered its price target on Eversource Energy (NYSE:ES) to $74 from $78 and maintained an Overweight rating. The firm said FERC’s move to cut New England transmission ROE to 9.57% is a headline negative for Eversource and could pressure its growth trajectory, adding that potential regulatory remedies are unlikely to materially improve FY26.

Photo by mitchel-willem-jacob-anneveldt on Unsplash

Last month, Eversource said a proposed final decision in the Aquarion case was a constructive development and noted that the sale of Aquarion is not included in its 2026 guidance. The company said it has already taken steps to support stability regardless of the transaction outcome, including issuing junior subordinated notes, filing a rate case for Aquarion, and completing a $600M parent-level debt issuance last October. Eversource reaffirmed its 2026 earnings outlook of $4.80 to $4.95 per share and its long-term EPS growth target of 5% to 7% through 2030, based on 2025 non-GAAP EPS of $4.76.

Eversource Energy (NYSE:ES) is a utility holding company operating electric distribution, electric transmission, natural gas distribution, and water distribution businesses.

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Source: Insider Monkey