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Asset logo for symbol ED
Consolidated Edison
ED60
$104.85arrow_drop_up0.27%$0.29
S&P500
Asset logo for symbol ED
ED60

$104.85

arrow_drop_up0.27%

AI Deep-Learning Forecast (ED)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Consolidated Edison (ED) Stocklytics Forecast

Consolidated Edison Inc, commonly known as Con Edison, is a Fortune 500 company engaged in providing energy-related products and services. The company operates primarily in the areas of electricity, gas, and steam distribution in New York, serving millions of customers. As an investor, it is natural to be interested in predicting the future stock price of Consolidated Edison Inc (ED).
There are multiple methods used for stock price prediction, including AI and machine learning algorithms. These techniques analyze historical stock data, market trends, and various other factors to generate forecasts. While these predictions cannot guarantee accuracy, they can provide valuable insights for investors.
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Frequently Asked Questions

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What is the analyst price prediction for Consolidated Edison (ED) stock?

Analysts have set a target price of $87.64 for Consolidated Edison (ED), based on forecasts from 29 analysts. The predicted price range extends from a high of $103 to a low of $71. This represents a potential increase of up to -1.76% and a decrease of -32.28% from the current price of $104.85. These forecasts are as of 2023 Jul 12.
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What are the analyst ratings for Consolidated Edison (ED) stock?

The analyst ratings for Consolidated Edison (ED) are distributed as follows: 1 analysts recommend buying, 7 have a neutral stance, and 6 suggest selling. The prevailing sentiment among the total of 14 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Consolidated Edison .
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What is the AI price prediction for Consolidated Edison (ED) stock?

The AI price prediction model, leveraging machine-learning techniques, forecasts that Consolidated Edison (ED) stock could reach $101.29 by 2024 Sep 30. This prediction indicates a potential price change of -3.39%. The forecast has a lifetime of 30 days, culminating on the target date provided. The prediction was made on 2024 Sep 09.

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