Edison International stock slides as Morgan Stanley cuts target to $65
Published on 08/22/2026 at 13:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Edison International stock moved after a fresh analyst cut and a latest quarterly report that showed $1.54 adjusted EPS for the period ended July 30, 2026. The shares opened at $71.51 and carried a $27.52 billion market cap in the latest market snapshot.
Analyst pressure
According to a recent analyst note reported by MarketBeat, Morgan Stanley lowered its Edison International target to $65 from $69 and kept an underweight view. The same report said the consensus target stood at $72.45, while the stock traded at $71.93 and had a 52-week range of $52.00 to $81.62.
The gap matters because $65 sits below the latest traded level and below the $72.45 consensus target. That leaves the stock priced between a more cautious broker view and a still higher Street average.
Latest quarter
The newest earnings snapshot showed revenue of $4.36 billion for the quarter, down 4.1% from the prior year, while EPS came in at $1.54 versus $0.97 a year earlier. Analysts had expected $1.18 EPS and $4.82 billion in revenue, so the quarter delivered a $0.36 EPS beat and a $460 million revenue shortfall.
Management also set fiscal 2026 EPS guidance at $5.90 to $6.20, while the market consensus in the same report pointed to $6.13. That puts the company inside the guided range, with the midpoint below the Street estimate.
Business base
Edison International is a utility holding company based in Rosemead, California, with Southern California Edison as its main operating subsidiary. Its core business remains electric service, transmission, distribution, and grid work across central, coastal, and southern California.
For investors, the key number is still the balance between earnings support and valuation discipline. A $71.51 share price against a $65 bearish target and a $72.45 consensus target leaves limited room for a simple momentum story.
Market level
As of August 22, 2026, Edison International stock was priced at $71.51, with a market cap of $27.52 billion and a 52-week span from $52.00 to $81.62. The shares also traded below the $74.13 50-day average but above the $71.97 200-day average in the same market snapshot.
More on Edison International stock
Southern California Edison is the companys main utility platform and the main driver of its regulated earnings base.
Company details
Company: Edison International Inc.
ISIN: US2810201077
Ticker: EIX
Exchange: NYSE
Sector / Industry: Utilities / Electric Utilities
Index membership: S&P 500
Price (as of August 22, 2026, 4:00 p.m. ET): $71.51 USD
Market cap: $27.52 billion
