JP Morgan Raises Edison International (EIX) PT for the Second Time in Two Weeks

Edison International (NYSE:EIX) is included among the Top 12 Undervalued Dividend Stocks to Buy Now.

JP Morgan Raises Edison International (EIX) PT for the Second Time in Two Weeks

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Edison International (NYSE:EIX) is one of the largest electric utility holding companies in America, focused on providing clean and reliable energy and energy services through its independent companies.

On May 15, JPMorgan slightly raised its price target on Edison International (NYSE:EIX) from $75 to $76, while maintaining a ‘Neutral’ rating on the shares. The revised estimate, which indicates an upside of almost 10% from the current price levels, marks the second target boost that EIX has received from the renowned analyst firm in two weeks.

The bullish sentiment comes after Edison International (NYSE:EIX) beat profit estimates in its Q1 2026 report last month. The company increased its core earnings by $0.05 to $1.42 per share during the quarter, primarily due to the adoption of the GRC decision last year. However, its revenue fell slightly behind estimates, despite a YoY growth of over 7%.

Edison International (NYSE:EIX) also reiterated its 2026 core EPS guidance range of $5.90 to $6.20, in addition to expressing confidence in achieving its target of 5-7% core EPS growth from 2025-2030.

While we acknowledge the risk and potential of EIX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EIX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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