Eversource's strategic exit from unregulated businesses and focus on core rate-regulated services position it well for stable revenue generation. The company has reaffirmed its ambitious $24.2 billion capital plan through 2029, which is pivotal for long-term growth.
Cyborg Score Rationale
The company delivered better-than-expected Q3 2025 earnings with $3.2 billion revenue and adjusted EPS of $1.19, surpassing Street estimates by 6.3%. However, a $75 million charge related to offshore wind projects indicated risks in its clean energy transition.
Top Insights
Strong track record of earnings surprises, surpassing or meeting Street estimates in four consecutive quarters.
Despite 17.1% year-to-date share price increase, stock is viewed as undervalued with potential upside.
Proposed expansion of securitization for storm costs of approximately $971 million is likely to enhance customer billing dynamics and credit metrics.
Regulatory hurdles, particularly regarding water utility sale, pose risks to future performance.
Named Competitors
WEC Energy Group — Midwest-focused utility provider
Consolidated Edison — New York-based electric, gas, and steam utility
FirstEnergy Corp — Regulated utility serving Mid-Atlantic and Midwest
Xcel Energy — Multi-state utility with clean energy focus
Recent Developments
(December 2024) Eversource sold 26-acre Mystic Property in Everett, Washington to Constellation Energy
(November 2025) Q3 2025 earnings beat with $1.19 adjusted EPS; charged $75 million for offshore wind liabilities