10 High Growth S&P 500 Stocks to Buy Now

3. Edison International (NYSE:EIX)

Morgan Stanley, on February 20, 2026, raised its price target on Edison International (NYSE:EIX) to $68 from $61 while maintaining an Underweight rating. The firm said it is updating price targets across its Regulated & Diversified Utilities and IPPs coverage in North America and noted that utilities have underperformed the S&P this month. Looking ahead to Q4 earnings, Morgan Stanley expects a more balanced discussion around data center pipelines given rising affordability and political concerns.

That same day, TD Cowen analyst Shelby Tucker lifted the price target to $83 from $71 and kept a Buy rating. Shelby Tucker said Edison reported core EPS of $6.55, well above consensus and the initial guidance range. Management also introduced 2026 and 2027 guidance and reaffirmed its 5%–7% long-term growth target.

On February 18, 2026, Edison reported Q4 EPS of $1.86 versus $1.45 consensus and FY25 revenue of $19.32B compared with $18.45B consensus. President and CEO Pedro J. Pizarro said, “This year’s results reflect the progress we’re making to deliver a safer, more resilient, and more affordable energy system for customers,” pointing to more than 7,000 miles of covered conductor installed in high fire risk areas, or over 90% of the planned grid hardening effort. Pedro J. Pizarro added that safety and affordability remain central, noting a 2.3% residential rate decrease and a 5.3% reduction for small and medium-sized businesses.

Edison International (NYSE:EIX) engages in the generation and distribution of electric power and supplies electricity across a roughly 50,000 square-mile area of southern, central, and coastal California.