Avangrid, Inc. (AGR)
NYSE: AGR · IEX Real-Time Price · USD
36.05
+0.21 (0.59%)
May 20, 2024, 4:00 PM EDT - Market closed
Avangrid Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Avangrid stock have an average target of 34.5, with a low estimate of 34 and a high estimate of 35. The average target predicts a decrease of -4.30% from the current stock price of 36.05.
Analyst Consensus: Sell
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for Avangrid stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 6 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Sell Downgrades n/a | Hold → Strong Sell | Downgrades | n/a | n/a | Mar 8, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | -2.91% | Feb 23, 2024 |
| Mizuho | Mizuho | Hold Maintains $33 → $34 | Hold | Maintains | $33 → $34 | -5.69% | Jan 3, 2024 |
| Keybanc | Keybanc | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jun 21, 2023 |
| Mizuho | Mizuho | Hold Reiterates $39 | Hold | Reiterates | $39 | +8.18% | Jun 14, 2023 |
Financial Forecast
Revenue This Year
8.61B
from 8.31B
Increased by 3.62%
Revenue Next Year
8.87B
from 8.61B
Increased by 3.05%
EPS This Year
2.28
from 2.03
Increased by 12.19%
EPS Next Year
2.44
from 2.28
Increased by 7.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2B | 9.5B | 9.9B | 10.2B | 10.1B |
| Avg | 8.6B | 8.9B | 9.0B | 9.4B | 9.4B |
| Low | 8.0B | 8.3B | 7.7B | 8.7B | 8.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.4% | 10.6% | 11.5% | 13.8% | 7.4% |
| Avg | 3.6% | 3.1% | 1.4% | 4.5% | 0.0% |
| Low | -3.2% | -4.0% | -13.6% | -3.1% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.44 | 2.60 | 2.76 | 2.89 | 2.85 |
| Avg | 2.28 | 2.44 | 2.50 | 2.72 | 2.74 |
| Low | 2.17 | 2.25 | 2.20 | 2.58 | 2.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0% | 14.3% | 13.3% | 15.3% | 4.7% |
| Avg | 12.2% | 7.0% | 2.8% | 8.5% | 0.7% |
| Low | 6.7% | -1.0% | -9.9% | 2.9% | -2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.