2 models fit Eversource Energy (D/B/A) Common Stock and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Bronze54
Valued as a utility: Dividend discount, P/E comparison, EV/EBITDA comparison, and Discounted cash flow.
ACCE opinionEversource Energy (D/B/A) Common Stock (ES)
Fair value (2 models)
$67.27
ACCE price target
$72.00
Rating
Fairly valued
Horizon
12 months
Fair value published on 20 Oct 2026, 16:04 CEST; previously $70.94 since 11 Oct 2026, 00:00 CEST.
ACCE price target published on 24 Sept 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 16:04 CEST.
Price used: $67.46 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
0.3% above
-0.3% to fair value
ACCE score
48
out of 100
Analysts
31% buy
16 covering
P/E
16.9x
forward 13.7x
1-year return
-8.7%
Dividend yield
4.64%
Eversource Energy (D/B/A) Common Stock in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Eversource Energy runs regulated electric and gas distribution across Connecticut, Massachusetts and New Hampshire, earning allowed returns on its rate base rather than on commodity prices. Its edge is structural: franchise monopolies with multi-decade capital recovery mechanisms, so growth comes from disciplined grid spending that regulators approve, not from winning customers. The near-term story is that the forward P/E of 13.4 sits well below the trailing 17.1, which implies the market expects earnings to rebuild as the current capital plan flows through rates. Against that, revenue growth of 2.3% and a 9.0% ROE are thin, and the Score of 48/100 says the screen does not yet see enough to rank it highly. A portfolio manager should look deeper only if the rate-case outcomes and the earnings recovery path are the question being asked.