ED Consolidated Edison, Inc. Feb 2026 Bank of America Maintains Underperform

On February 25, 2026 Bank of America Securities maintained Underperform on Consolidated Edison, Inc. (ED). BofA raised its price target to $104 while leaving the ED analyst rating unchanged. The move combines a higher valuation outlook with a cautious view on near-term stock returns. The action signals analyst confidence in earnings but concern on total return versus peers. We use this update to explain what the ED analyst rating means for income and value investors.

ED analyst rating: BofA action and $104 price target

Bank of America Securities on February 25, 2026 maintained an Underperform rating on Consolidated Edison, Inc. (ED) and raised the price target to $104. The firm published the note through StreetInsider reporting the price target change and the maintained rating source. This single update is the recent formal analyst action and directly defines the current ED analyst rating.

What maintained Underperform means for investors

A maintained Underperform indicates BofA expects ED to lag the market or peers. Analysts keep the rating despite a higher price target, implying limited upside from the current price. Investors should read this as cautious guidance, not an immediate sell signal, given utilities’ dividend profiles and slower growth dynamics.

Price target, market reaction, and stock movement

BofA’s new $104 price target raises fair-value expectations while keeping a negative relative rating. StreetInsider reported the update with a recorded intraday price change of -0.08% ($-0.09). The mixed signal — higher target but Underperform rating — often compresses near-term volatility while nudging longer-term valuation assumptions.

Historical analyst coverage and context for ED

Consolidated Edison, Inc. has long drawn steady analyst coverage from major brokerages. Utility stocks like ED typically sit in the middle of analyst universes, with frequent Hold or Underperform calls reflecting low growth but steady cash flows. BofA’s maintained Underperform sits within that pattern, while the raised PT updates valuation assumptions based on earnings and regulatory factors.

Implications for dividend and value investors

For income investors the ED analyst rating matters less than dividend yield and payout sustainability. Consolidated Edison reported 2025 net income of $2,023 million or $5.66 per share, which supports cash flow for dividends source. For value investors, a maintained Underperform suggests waiting for clearer upside catalysts or regulatory clarity before adding exposure.

Meyka AI view and proprietary grade for ED

Meyka AI reviews the BofA update as data-driven context for our models. Meyka AI rates ED with a grade of B+. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Investors should note Meyka’s grade is a tool, not advice, and it complements the ED analyst rating from brokerages.

Final Thoughts

Bank of America Securities on February 25, 2026 kept an Underperform on Consolidated Edison, Inc. (ED) while raising its price target to $104. That combination signals BofA sees higher fair value but still expects ED to lag peers or the benchmark. The ED analyst rating therefore emphasizes relative performance risk, not a direct comment on dividend strength. Recent earnings show solid cash flow, with 2025 net income of $2,023 million or $5.66 per share, which supports income-focused holders. Short term traders may note the modest intraday price move of -0.08% ($-0.09) on the note, while longer term investors should weigh regulatory risk and rate outlooks against yield stability. Meyka AI assigns ED a grade of B+ based on multiple metrics and analyst consensus. Use the ED analyst rating alongside Meyka’s grade and your portfolio goals to decide timing and sizing of any trade.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.