Avangrid, Inc. (AGR)
NYSE: AGR · IEX Real-Time Price · USD
32.41
-0.36 (-1.10%)
Dec 29, 2023, 4:00 PM EST - Market closed
Avangrid Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for Avangrid stock is $38.67, which predicts an increase of 19.32%. The lowest target is $34 and the highest is $43. On average, analysts rate Avangrid stock as a hold.
Analyst Consensus: Hold
* Price targets were last updated on Jun 14, 2023.
Analyst Ratings
The average analyst rating for Avangrid stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 5 | 5 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +20.33% | Jun 14, 2023 |
| B of A Securities | B of A Securities | Sell Maintains $37 → $34 | Sell | Maintains | $37 → $34 | +4.91% | Apr 3, 2023 |
| Mizuho | Mizuho | Hold Maintains $43 → $39 | Hold | Maintains | $43 → $39 | +20.33% | Mar 29, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $48 → $43 | Hold | Maintains | $48 → $43 | +32.68% | Feb 23, 2023 |
Financial Forecast
Revenue This Year
8.42B
from 7.92B
Increased by 6.29%
Revenue Next Year
8.78B
from 8.42B
Increased by 4.25%
EPS This Year
2.14
from 2.27
Decreased by -5.70%
EPS Next Year
2.34
from 2.14
Increased by 9.22%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 9.0B | 9.2B | 9.5B | 9.9B | 10.0B |
| Avg | 8.4B | 8.8B | 9.1B | 9.3B | 9.4B |
| Low | 8.0B | 8.4B | 8.7B | 8.9B | 9.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 13.3% | 9.4% | 8.5% | 9.0% | 6.9% |
| Avg | 6.3% | 4.3% | 3.3% | 2.8% | 1.1% |
| Low | 1.4% | 0.1% | -0.5% | -1.9% | -3.5% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 2.34 | 2.69 | 2.86 | 2.75 | 2.82 |
| Avg | 2.14 | 2.34 | 2.52 | 2.62 | 2.72 |
| Low | 1.96 | 2.11 | 2.25 | 2.52 | 2.64 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 3.1% | 25.6% | 22.2% | 9.3% | 7.7% |
| Avg | -5.7% | 9.2% | 7.6% | 4.2% | 3.6% |
| Low | -13.7% | -1.6% | -3.6% | 0.1% | 0.5% |
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.