Edison International (EIX) shares fell 3.46% on July 7, reaching an intraday low of $50.42. The stock is 42.85% below its 52-week high and 6.29% above its 52-week low. Analysts forecast an average target price of $68.24, with a high estimate of $86.00 and a low estimate of $50.50, indicating a potential upside of 34.51% from the current price. The estimated GF Value for Edison International in one year is $77.98, suggesting a potential upside of 53.72% from the current price.
Title: Edison International (EIX) Shares Fall Amid Analyst Forecasts and Increased Institutional Ownership
Edison International (EIX) shares fell 3.46% on July 7, reaching an intraday low of $50.42. The stock is currently trading at $52.57, 42.85% below its 52-week high of $88.77 and 6.29% above its 52-week low of $47.73. Analysts forecast an average target price of $68.24, with a high estimate of $86.00 and a low estimate of $50.50, indicating a potential upside of 34.51% from the current price [1].
Institutional investors have been active in their positions in Edison International. IFM Investors Pty Ltd, for instance, lifted its stake by 4.0% in the first quarter, owning 153,256 shares worth $9,030,000 [1]. Additionally, Impax Asset Management Group plc increased its holdings by 25.6% during the first quarter, owning 174,276 shares worth $10,268,000 [3].
Analysts have mixed views on Edison International. Evercore ISI reaffirmed an "outperform" rating, while JPMorgan Chase & Co. lowered its price target to $71.00 and set a "neutral" rating [1]. Despite the mixed signals, the stock has a consensus rating of "Moderate Buy" with a consensus price target of $76.82 [1].
Edison International reported $1.37 EPS for the quarter, beating the consensus estimate of $1.21 by $0.16. The company's revenue for the quarter was $3.81 billion, down 6.5% year-over-year [1]. The estimated GF Value for Edison International in one year is $77.98, suggesting a potential upside of 53.72% from the current price [2].
In summary, Edison International shares have been volatile, with institutional investors increasing their stakes and analysts providing varied forecasts. The stock's performance remains closely watched, with potential upside and downside risks based on analyst estimates and market conditions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-ifm-investors-pty-ltd-boosts-position-in-edison-international-nyseeix-2025-07-06/
[2] https://finance.yahoo.com/quote/EIX/analysis/
[3] https://www.marketbeat.com/instant-alerts/filing-impax-asset-management-group-plc-has-1027-million-position-in-edison-international-nyseeix-2025-07-06/
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