Edison International Valuation: Exploring Resilience Amid Recent Share Rebound

Edison International (EIX) shares have risen 4% over the past week, but year-to-date performance remains in the red. The company's recent share price rebound suggests optimism, despite a mixed track record this year. Analysts predict a fair value of $67.37, indicating shares are undervalued by 14.1%. The expected growth drivers include policy-driven increases in electrification, grid modernization, and renewable energy integration projects, which will support earnings and rate base-driven revenue growth.