Eversource Energy (ES) earnings on May 6, 2026
More Eversource Energy earnings
Prior outlook: Pessimistic Outcome: Accurate
ES shares fell after its earnings announcement, continuing a downward trend. The stock price declined, reflecting its weaker performance compared to the broader market.
ES price around the earnings
67.04
Change: -2.2%
2026-05-07, 21:39 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Modest upside, but weak market performance limits appeal.
This utility company is rated as a hold with limited potential for price increases. Its performance relative to the broader market is weak, which reduces the attractiveness of any potential investment setup.
Context analyzed before publication
- Summary
- Modest upside, but weak market performance limits appeal.
- Playbook
- Given the limited upside and weak relative performance, this stock may not offer compelling opportunities. Consider focusing on investments with stronger market trends or analyst support.
- Trend
- Slight downtrend confirms weak setup into earnings.
Analysts
Drivers
-
Analysts
Negative
A prominent analyst firm has maintained an underperform rating and lowered their price target, indicating a negative outlook from Wall Street.
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.56
- Analysts covering the stock
- 12
- Average price target
- 72.17
- Lowest price target
- 54
- Highest price target
- 87
- Upside to price target
- 4.7%
- Quarterly earnings growth
- 481%
- Revenue growth
- 13.4%
- Forward EPS
- 4.99
- Trailing EPS
- 4.56
- Analyst moves in the last 60 days
- 8
- Strong buy: 1
- Buy: 5
- Hold: 7
- Sell: 1
- Strong sell: 2
- Strong buy
- 1
- Buy
- 5
- Hold
- 7
- Sell
- 1
- Strong sell
- 2
- April 21, 2026 · Scotiabank: Maintains rating (Sector Underperform → Sector Underperform)
- April 20, 2026 · Seaport Global: Downgrades rating (Buy → Neutral)
- April 1, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- March 27, 2026 · UBS: Maintains rating (Neutral → Neutral)
- March 27, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- March 26, 2026 · Mizuho: Maintains rating (Neutral → Neutral)
- March 23, 2026 · BMO Capital: Maintains rating (Market Perform → Market Perform)
- March 12, 2026 · JP Morgan: Maintains rating (Underweight → Underweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (1)
- Scotiabank Maintains Sector Underperform on Eversource Energy, Lowers Price Target to $63 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has significantly underperformed the broader market over the past 30 days, showing a negative trend.
Evidence
- Average true range (ATR)
- 1.8%
- Distance to 52-week high
- -9.8%
- 14-day change (14d)
- -0.3%
- 30-day change
- +3.0%
- 30-day relative strength
- -9.0%
- Benchmark change
- +12.0%
- Nearest support
- 66.82
- Nearest resistance
- 71.75
- Volume accumulation ratio
- 0.83
Trends
Evidence
- Average earnings surprise
- +1.4%
- February 12, 2026: actual EPS 1.12 vs estimate 1.1 (surprise +1.6%)
- November 4, 2025: actual EPS 1.19 vs estimate 1.15 (surprise +3.6%)
- July 31, 2025: actual EPS 0.96 vs estimate 0.95 (surprise +1.0%)
- May 1, 2025: actual EPS 1.5 vs estimate 1.51 (surprise -0.7%)
Expected move
Drivers
-
Past earnings
Positive
The company has a solid track record of meeting or slightly exceeding earnings expectations.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 1.4%
- 75th percentile move
- 2.1%
- 90th percentile move
- 3.1%
- Up / down moves
- 7 / 12
- Average up move
- +2.2%
- Average down move
- -1.2%
Monitoring and close
What Eversource Energy reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -2.2%
- Max favorable move (MFE)
- 3%
- Max adverse move (MAE)
- 0.4%