Bank of America Downgrades Edison International (NYSE:EIX) to Neutral

Edison International (NYSE:EIX) was downgraded by analysts at Bank of America from a “buy” rating to a “neutral” rating in a report released on Tuesday, Briefing.com reports. They currently have a $51.00 target price on the utilities provider’s stock. Bank of America‘s target price suggests a potential downside of 5.64% from the company’s current price.

A number of other analysts also recently commented on EIX. Morgan Stanley dropped their target price on shares of Edison International from $69.00 to $65.00 and set an “underweight” rating on the stock in a report on Friday, August 21st. Barclays restated an “equal weight” rating and issued a $75.00 price target (down from $78.00) on shares of Edison International in a research report on Friday, July 31st. Argus reaffirmed a “hold” rating on shares of Edison International in a report on Wednesday, August 26th. Truist Financial cut their price objective on Edison International from $81.00 to $77.00 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their price objective on Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Edison International has a consensus rating of “Reduce” and an average price target of $68.55.

Edison International Stock Down 23.0%

Shares of EIX stock opened at $54.05 on Tuesday. Edison International has a 1 year low of $52.00 and a 1 year high of $81.62. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The business’s fifty day moving average is $73.94 and its 200-day moving average is $72.33. The stock has a market cap of $20.80 billion, a PE ratio of 5.57, a price-to-earnings-growth ratio of 5.45 and a beta of 0.66.

Edison International (NYSE:EIX) last released its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the company earned $0.97 earnings per share. Edison International’s revenue was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Equities analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in shares of Edison International by 112.9% in the 1st quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider’s stock valued at $577,000 after buying an additional 5,190 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Edison International by 2.4% in the first quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after buying an additional 211 shares during the last quarter. Woodline Partners LP lifted its position in shares of Edison International by 40.7% in the first quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock worth $1,927,000 after buying an additional 9,459 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Edison International by 153.6% in the second quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock worth $451,000 after buying an additional 5,290 shares during the last quarter. Finally, Baird Financial Group Inc. bought a new stake in shares of Edison International during the 2nd quarter worth about $302,000. 88.95% of the stock is owned by hedge funds and other institutional investors.

Edison International News Roundup

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Edison’s Southern California Edison subsidiary called for comprehensive wildfire-liability reform, signaling that the company is actively seeking regulatory changes to limit and manage wildfire-related risks. Edison International Stock Plunges As SCE Calls For Comprehensive Wildfire Reform
• Neutral Sentiment: Mizuho reaffirmed a “neutral” rating on EIX but reduced its price target to $70 from $86, reflecting a more cautious assessment of the company’s risk profile following the wildfire legislation. Monday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Edison International was listed among the stocks attracting investor attention, but the report provided no separate company-specific operating update or new earnings catalyst. GoPro, Tesla, SanDisk, Nio and Edison International
• Negative Sentiment: The amended California wildfire bill leaves investor-owned utilities potentially responsible for substantial wildfire damages, removing a key expected safeguard for Edison and PG&E. Investors fear that large claims could weaken cash flow, increase debt burdens and potentially pressure credit ratings. California Wildfire Bill Omits Liability Cap
• Negative Sentiment: Market coverage characterized the legislation as a major setback because Edison could remain financially liable if its equipment contributes to a wildfire. The heightened legal and regulatory exposure overshadowed the company’s recent earnings strength and fiscal 2026 earnings guidance. Why Edison International Stock Just Crashed

Edison International Company Profile

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.