Edison International (EIX)

NYSEUtilitiesRegulated ElectricSnapshot 2026-10-15

$55.93+0.50%

Close 2026-10-16 · 1-day change

Read the published Living FV report summary

Investment OutlookAs of Oct 15, 2026

What could strengthen or challenge Edison International’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-0.1%

+10% or more+5%0%−5%−10% or less

6.51 → 6.50 EPS · FY ending Dec 31, 2027 · 9 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 15, 2026 to Oct 15, 2026: (new ÷ prior − 1). Contributor count changed from 9 to 9; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Living FV™

Living Fair Value by QuarterlyIQ

A valuation that evolves as the business changes.

A published Living FV snapshot is not available yet. The valuation workflow remains discoverable; a market target cannot supply the missing evidence.

View Living FV report and workflow

What the Thesis Depends On

Three key conditions need to be met for the investment thesis to play out.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Execute $28-29 billion capital plan through 2028	The company plans $28-29 billion in capital spending through 2028.	Broken	Capital spending falls below $28B by 2028	Capital expenditures: $1.846B FY2026-Q2; GAAP. Published target: Capital expenditures between $28B and $29B by 2028. Target period is not explicitly aligned with this observation. Source published Jul 30, 20261,846,000,000 USD · source valueSource reportLast status assessment Oct 15, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: stock_quarterly_financials_fmp. Reference: 2026-Q2. Source status: unverified. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Maintain core EPS growth of 5-7% annually	A primary condition in Edison International's published investment case. The stated target is EPS of $6.05 in FY2026.	Broken	EPS falls below $5.90 in FY2026	Diluted EPS: $1.38 per share FY2026-Q2; GAAP. Published target: EPS of $6.05 in FY2026. Target period is not explicitly aligned with this observation. Source published Jul 30, 20261.38 USD/share · source valueSource reportLast status assessment Oct 15, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 2f564c9f-7cae-4f1d-a1a1-2fd4bcb3517a. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Maintain valuation discount to peers	A supporting condition in Edison International's published investment case. The stated target is PE below 15.	Intact	PE rises above 20 without EPS growth	P/E (TTM): 7.76x As of 2026-10-15; trailing twelve months. The target timing and basis require a separate assessment. Market data as of Oct 15, 20267.7615 ratio · calculatedLast status assessment Oct 15, 2026 Measurement source consolidated · TTM valuation Period ending Oct 15, 2026 Source: mart.stock_valuation_daily. Reference: EIX:2026-10-15. Source status: canonical calculation. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$6.50

$6.52 → $6.50 · observed estimates

FY2027 revenue$19.72B

$19.94B → $19.72B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$6.52	$19,939,342,867	10 / 10
2026-07-25	$6.51	$20,008,828,580	17 / 13
2026-07-26	$6.51	$20,008,828,580	17 / 13
2026-07-27	$6.52	$19,784,880,749	10 / 10
2026-07-28	$6.52	$19,784,880,749	10 / 10
2026-07-29	$6.51	$19,884,052,940	15 / 13
2026-07-30	$6.52	$19,784,880,749	10 / 10
2026-07-31	$6.51	$19,884,052,940	14 / 13
2026-08-01	$6.52	$19,784,880,749	9 / 10
2026-08-02	$6.51	$19,884,052,940	14 / 13
2026-08-03	$6.50	$19,835,152,460	14 / 13
2026-08-04	$6.50	$19,835,152,460	14 / 13
2026-08-05	$6.51	$19,727,089,268	9 / 10
2026-08-06	$6.51	$19,727,089,268	9 / 10
2026-08-07	$6.51	$19,727,089,268	9 / 10
2026-08-08	$6.51	$19,754,360,000	14 / 13
2026-08-09	$6.51	$19,754,360,000	14 / 13
2026-08-10	$6.51	$19,727,089,268	9 / 10
2026-08-11	$6.51	$19,754,323,070	14 / 13
2026-08-12	$6.51	$19,754,323,070	14 / 13
2026-08-13	$6.51	$19,727,089,268	9 / 10
2026-08-14	$6.51	$19,727,089,268	9 / 10
2026-08-15	$6.51	$19,727,089,268	9 / 10
2026-08-16	$6.51	$19,727,089,268	9 / 10
2026-08-17	$6.51	$19,727,089,268	9 / 10
2026-08-18	$6.51	$19,727,089,268	9 / 10
2026-08-19	$6.51	$19,727,089,268	9 / 10
2026-08-20	$6.51	$19,755,401,044	9 / 10
2026-08-21	$6.51	$19,755,401,044	9 / 10
2026-08-22	$6.51	$19,755,401,044	9 / 10
2026-08-23	$6.51	$19,755,401,044	9 / 10
2026-08-24	$6.51	$19,755,401,044	9 / 10
2026-08-25	$6.51	$19,755,401,044	9 / 10
2026-08-26	$6.51	$19,751,151,044	9 / 10
2026-08-27	$6.51	$19,751,151,044	9 / 10
2026-08-28	$6.51	$19,751,151,044	9 / 10
2026-08-29	$6.51	$19,751,151,044	9 / 10
2026-08-30	$6.51	$19,751,151,044	9 / 10
2026-08-31	$6.51	$19,751,151,044	9 / 10
2026-09-01	$6.51	$19,751,177,361	9 / 10
2026-09-02	$6.51	$19,751,177,361	9 / 10
2026-09-03	$6.51	$19,726,104,733	9 / 10
2026-09-04	$6.51	$19,726,104,733	9 / 10
2026-09-05	$6.51	$19,726,104,733	9 / 10
2026-09-06	$6.51	$19,726,104,733	9 / 10
2026-09-07	$6.51	$19,726,104,733	9 / 10
2026-09-08	$6.51	$19,726,104,733	9 / 10
2026-09-09	$6.51	$19,726,104,733	9 / 10
2026-09-10	$6.51	$19,726,104,733	9 / 10
2026-09-11	$6.51	$19,726,104,733	9 / 10
2026-09-12	$6.51	$19,726,104,733	9 / 10
2026-09-13	$6.51	$19,726,104,733	9 / 10
2026-09-14	$6.51	$19,726,104,733	9 / 10
2026-09-15	$6.51	$19,726,271,400	9 / 10
2026-09-16	$6.51	$19,726,271,400	9 / 10
2026-09-17	$6.51	$19,726,271,400	9 / 10
2026-09-18	$6.51	$19,726,271,400	9 / 10
2026-09-19	$6.51	$19,726,271,400	9 / 10
2026-09-20	$6.51	$19,726,271,400	9 / 10
2026-09-21	$6.51	$19,726,271,400	9 / 10
2026-09-22	$6.51	$19,726,271,400	9 / 10
2026-09-23	$6.51	$19,726,271,400	9 / 10
2026-09-24	$6.51	$19,726,271,400	9 / 10
2026-09-25	$6.51	$19,726,271,400	9 / 10
2026-09-26	$6.51	$19,724,854,733	9 / 10
2026-09-27	$6.51	$19,724,854,733	9 / 10
2026-09-28	$6.51	$19,724,854,733	9 / 10
2026-09-29	$6.51	$19,724,854,733	9 / 10
2026-09-30	$6.51	$19,724,854,733	9 / 10
2026-10-01	$6.51	$19,724,854,733	9 / 10
2026-10-02	$6.51	$19,724,854,733	9 / 10
2026-10-03	$6.51	$19,724,854,733	9 / 10
2026-10-04	$6.51	$19,724,854,733	9 / 10
2026-10-05	$6.51	$19,724,854,733	9 / 10
2026-10-06	$6.51	$19,724,854,733	9 / 10
2026-10-07	$6.51	$19,724,854,733	9 / 10
2026-10-08	$6.51	$19,724,854,733	9 / 10
2026-10-09	$6.51	$19,724,854,733	9 / 10
2026-10-10	$6.51	$19,724,854,733	9 / 10
2026-10-11	$6.51	$19,724,854,733	9 / 10
2026-10-12	$6.51	$19,724,854,733	9 / 10
2026-10-13	$6.51	$19,718,604,733	9 / 10
2026-10-14	$6.51	$19,718,604,733	9 / 10
2026-10-15	$6.50	$19,717,072,263	9 / 10

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	7	7	3
2026-06-01	7	8	3
2026-07-01	6	9	3
2026-08-01	6	10	3
2026-09-01	5	11	3
2026-10-01	3	11	4

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 3 Buy / Strong Buy · 11 Hold · 4 Sell / Strong Sell

0 upgrades1 downgrades4 maintains

Recent actions · Sep 16–Oct 15 · 5 recorded

Price-target changes

30 days

○ Previous · ● Latest · common dollar scale

Goldman SachsOct 15

$67.00New observation · no comparable prior

Truist FinancialOct 12 · prior Sep 3

$63.00 → $62.00-1.6%

BarclaysOct 9 · prior Jul 31

$75.00 → $53.00-29.3%

JefferiesOct 2 · prior Sep 14

$53.00 → $42.00-20.8%

UBSSep 24 · prior Sep 1

$63.00 → $57.00-9.5%

$0$41.25$82.50

0 raises · 4 cuts · 0 unchanged · 1 without a comparable prior

How this is measured

Sep 16, 2026–Oct 15, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Execute $28-29 billion capital plan through 2028Published status: Broken
Maintain core EPS growth of 5-7% annuallyPublished status: Broken
Maintain valuation discount to peersP/E (TTM): 7.76x

Next proof point

Oct 29, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.2%Typical daily move · historical

Downside history

-36.0%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Edison International outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 10, 2026

What kind of bet this is

EIX is positioned as a utility company with a focus on stable earnings growth and infrastructure investment. The current thesis state reflects a cautious outlook, as the company faces sector headwinds while maintaining commitments to growth and risk management.

What's priced into Edison International

The market appears to price EIX as cheap compared to its peers, with a notable expectations gap. This suggests that investors may not fully anticipate the potential risks or challenges ahead, particularly in light of recent performance trends.

What the fundamentals likely do

Fundamentals are likely to remain stable, with management focused on wildfire mitigation and core EPS growth. However, there is a moderate risk of missing earnings guidance, which could negatively impact sentiment.

What Edison International hinges on

The thesis hinges on several factors, including the Federal Reserve's interest rate decisions, guidance updates from EIX, and performance from sector peers like NEE, SO, and DUK. Positive developments in these areas could support the long-term outlook.