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UBS Trims Eversource (ES) Target but Sees Constructive Regulatory Progress

Eversource Energy (NYSE:ES) is included among the 14 Best Dividend Growth Stocks to Buy and Hold in 2026.

On December 17, UBS lowered its price target on Eversource Energy (NYSE:ES) to $73 from $78 and kept a Neutral rating on the shares. Analyst William Appicelli pointed to a recent filing by Eversource Energy’s NStar Gas, which reached a rate settlement with the Massachusetts Attorney General, the only party involved in the case. If approved, the agreement would allow the company to avoid a formal rate case. It would also clear one of several regulatory issues still pending, which UBS views as a constructive step.

Eversource Energy (NYSE:ES) posted strong gains in 2025, rising more than 18%. That momentum stalled in November, when shares dropped nearly 9% after Connecticut regulators rejected the company’s plan to sell its water utility business. The decision slowed Eversource’s efforts to streamline operations and lower debt.

Eversource had agreed in January 2025 to sell Aquarion in a $2.4 billion deal. The company originally acquired the water utility in 2017 for about $1.7 billion. Regulators ultimately determined that the proposed sale did not meet managerial suitability and responsibility standards in a way that aligned with the public interest. The deal did meet financial and technological requirements and was expected to maintain safe and reliable service, but that was not enough to secure approval.

Management said the state showed interest in expanding a non-profit ownership model. When regulators examined that option, the Connecticut Public Utilities Regulatory Authority found it difficult to move away from the investor-owned structure. A 2024 special act had directed the state to assess whether a non-profit model could better serve water customers.

Eversource Energy (NYSE:ES) is a utility holding company focused on energy delivery through its regulated utility subsidiaries.

While we acknowledge the potential of ES as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ES and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Best Income Stocks to Buy Now and 20 Best Performing Dividend Stocks in 2025

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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