$EIX

Mizuho reduced its price target for Edison International (EIX) to $63 from $70, citing reform uncertainty, while keeping a Neutral rating. Edison reported Q3 core EPS of $1.92, beating estimates, and reaffirmed its 2026-2028 guidance. The stock trades below InvestingPro’s Fair Value of $63.37, offering a 5.97% dividend yield. Edison plans to file its 2029 rate case in six months, potentially seeking less capital without reform.

Barclays' Nicholas Campanella maintained a Hold rating on Edison International (EIX) with a $58 price target. HSBC also gave a Hold, while Morgan Stanley assigned a Sell. EIX reported Q2 revenue of $4.36B and net profit of $535M, down from $4.54B and $398M YoY.

Edison International's CFO outlines long-term financial targets, including no common equity issuance through 2030, a 15-17% FFO-to-debt ratio, and a 45-55% dividend payout ratio. The company aims for 5-7% earnings growth annually, driven by grid safety and capital investments. CEO highlights regulatory challenges and the need for wildfire liability reforms to ensure utility solvency and affordability in California.

UBS kept its Neutral rating on Edison International but raised its price target to $62 from $57, suggesting a 5.5% upside from the last close of $58.79. Other recent analyst targets for the company range from $56.50 to $62.

Wells Fargo lowered its price target for Edison International to $59 from $62, maintaining an Underweight rating. The new target is close to the stock's recent closing price of $59.38. Other recent analyst targets range from $56.50 to $62.

Southern California Edison (SCE) and its parent company Edison International (EIX) are urging wildfire liability reform, citing financial risks and potential customer impacts. SCE faces $1.8B in losses from the 2025 Eaton Fire. Q3 2026 core earnings were $738M, down from $901M in 2025. The company plans $38-41B in investments from 2026-2030, with 22% for load growth and electrification. Without reform, SCE may prioritize safety and compliance over growth.

Barclays kept its 'Equal-Weight' rating on Edison International but raised its price target to $58 from $53, implying a 2.3% downside from the last close. Recent analyst targets range from $53 to $62.

Edison International's average 12-month price target increased from $61.61 to $62.11, with a range of $42 to $86 per share, according to 14 analysts. This implies about 5% upside from the Oct. 29 closing price. The consensus rating remains 'Hold' among 19 analysts.

Edison International (EIX) discussed Q3 earnings, highlighting potential delays and costs. Management estimates elevated credit spreads could add $300M in costs for 2027 bonds. A credit rating downgrade could further increase financing costs, impacting future investments. The company maintained its dividend policy and outlined a $38B-$41B capital plan for 2026-2030. Edison also addressed wildfire mitigation efforts and legal processes related to the Eaton Fire.

Edison International (EIX) reported Q3 earnings of $751M, or $1.87 per share, beating estimates. Revenue was $4.89B, missing forecasts. The company expects full-year earnings of $5.90-$6.20 per share.