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

Sultan Khalid

Tue, May 19, 2026 at 9:04 AM EDT 1 min read

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

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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 potential of EIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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