Goldman Sachs cuts target for Consolidated Edison stock to USD 102
Published on 10/20/2026 at 18:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and dividend
- Goldman Sachs lowered its Consolidated Edison target from USD 106.00 to USD 102.00 on October 15, 2026.
- Consolidated Edison will pay a USD 0.8875 quarterly dividend on December 15, 2026.
- Consolidated Edison stock costs EUR 99.21 at Lang & Schwarz on October 20, 2026 at 6:47 p.m. CEST.
- The next quarterly report is scheduled for November 5, 2026.
Goldman Sachs lowered its Consolidated Edison target from USD 106.00 to USD 102.00 on October 15, 2026, according to MarketScreener. Consolidated Edison stock was trading at EUR 99.21 at Lang & Schwarz on October 20, 2026 at 6:47 p.m. CEST.
Dividend sets the next cash date
Consolidated Edison will pay a quarterly dividend of USD 0.8875 on December 15, 2026, to shareholders of record on November 18, 2026. MarketScreener reported that the company kept the quarterly payment unchanged.
Stock remains within its yearly range
On the NYSE, Consolidated Edison last traded at USD 111.53 on October 20, 2026 at 12:56 p.m. EDT. Its 52-week range was USD 94.96 to USD 116.23, putting the current U.S. quotation below the upper end of that range. The company had a market capitalization of USD 41.1 billion and a price-to-earnings ratio of 18.30 at the same market snapshot.
Results date adds a near-term checkpoint
The next quarterly report is scheduled for November 5, 2026. Financhill lists a consensus earnings-per-share estimate of USD 1.99 for the third quarter of 2026. The date gives investors a defined point for testing whether the utility can support its valuation and dividend profile.
What the target cut changes
Goldman Sachs now places its target USD 4.00 below the earlier USD 106.00 level. The revision adds a more cautious valuation reference while the company continues to offer a quarterly cash return of USD 0.8875 per share.
Price and investor view
The euro quotation provides the market level for German investors, while the NYSE quotation shows the stock in its home-market currency. The next scheduled report and the December dividend payment are the clearest dated milestones for the stock.
Consolidated Edison was trading at EUR 99.21 at Lang & Schwarz on October 20, 2026 at 6:47 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Consolidated Edison stock.
Consolidated Edison market facts
- Company: Consolidated Edison, Inc.
- ISIN: US2091151041
- Ticker: ED
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 20, 2026, 6:47 p.m. CEST: EUR 99.21
- Market capitalization: USD 41.1 billion (as of October 20, 2026)
- 52-week range: USD 94.96-116.23 (as of October 20, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
