Edison International ($EIX) Stock Forecast: Up 5.8% Today

What is Edison International?

Edison International (EIX) is a company operating in electric power production and distribution within California and is publicly traded on the NYSE.

Why is Edison International going up?

EIX stock is up 5.8% on Feb 28, 2025 15:26

• Q4 earnings were below estimates, yet EIX saw a rise in its stock price, suggesting increasing optimism among investors.
• A recent class action lawsuit from Rosen Law Firm may have initially caused uncertainty and stock price volatility.
• Strong revenue forecasts for Q4 likely contributed to the stock's rise, outweighing concerns about elevated interest costs linked to wildfire claims.
• Investors appear to be optimistic about EIX's future prospects despite ongoing legal troubles, driving the bullish market sentiment.

EIX Price Chart

EIX Technical Analysis

EIX News

Edison International ( EIX ) Q4 Earnings Lag Estimates

Edison International (EIX) delivered earnings and revenue surprises of -2.78% and 4.86%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2423192/edison-international-eix-q4-earnings-lag-estimates

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Edison International Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - EIX - Edison Intl ( NYSE:EIX )

NEW YORK, Feb. 25, 2025 ( GLOBE NEWSWIRE ) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Edison International EIX between February 25, 2021 and February 6, 2025, both dates inclusive ( the ...

https://www.benzinga.com/pressreleases/25/02/g43960754/rosen-leading-trial-attorneys-encourages-edison-international-investors-to-secure-counsel-before-i

Edison International Set to Report Q4 Earnings: What's in the Cards?

EIX's Q4 results are likely to benefit from solid revenue expectations amid the impacts of higher interest expenses associated with wildfire-related claims.

https://www.zacks.com/stock/news/2420980/edison-international-set-to-report-q4-earnings-whats-in-the-cards

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Edison International Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - EIX - Edison Intl ( NYSE:EIX )

NEW YORK, Feb. 22, 2025 ( GLOBE NEWSWIRE ) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Edison International EIX between February 25, 2021 and February 6, 2025, both dates inclusive ( the ...

https://www.benzinga.com/pressreleases/25/02/g43901237/rosen-global-investor-counsel-encourages-edison-international-investors-to-secure-counsel-before-i

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Edison International Price History

13.00.2025 - EIX Stock was down 10.9%

• The bearish movement in EIX stock could be attributed to the rising estimates of wildfire damage in California, with losses now estimated between $250 billion and $275 billion. This news likely raised concerns about potential liabilities for the company.
• The investigation into whether downed power lines of a subsidiary of Edison International contributed to a recent fire could have further dampened investor sentiment, leading to the downward pressure on the stock.
• The looming windstorm in Southern California, with warnings of severe fire weather conditions, might have added to the negative outlook for EIX as investors fear the potential impact on the company's operations and infrastructure in the region.

28.01.2025 - EIX Stock was up 5.8%

• Q4 earnings were below estimates, yet EIX saw a rise in its stock price, suggesting increasing optimism among investors.
• A recent class action lawsuit from Rosen Law Firm may have initially caused uncertainty and stock price volatility.
• Strong revenue forecasts for Q4 likely contributed to the stock's rise, outweighing concerns about elevated interest costs linked to wildfire claims.
• Investors appear to be optimistic about EIX's future prospects despite ongoing legal troubles, driving the bullish market sentiment.

08.00.2025 - EIX Stock was down 5.3%

• Analyst upgrades for other companies like Cloudflare might have diverted investor attention away from EIX.
• The bullish sentiment towards Cloudflare could have led investors to reallocate their funds from EIX to the tech sector.
• The market interpreted the analyst upgrades as a sign of potential growth in other sectors, causing a sell-off in traditional utility stocks like EIX.
• The shift in focus towards tech companies and away from traditional utilities could have contributed to the bearish movement in EIX today.

08.00.2025 - EIX Stock was down 12.0%

• The severe windstorm expected in Southern California could potentially lead to wildfires, causing concerns about potential damages to Edison International's infrastructure and operations.
• The bullish upgrade of Cloudflare by a top Wall Street analyst may have diverted investor attention away from traditional utility stocks like Edison International, leading to a sell-off in EIX shares.
• The overall market sentiment towards utility stocks might have been impacted by the analyst rating changes, contributing to the bearish movement in Edison International's stock price today.

15.00.2025 - EIX Stock was up 6.7%

• The bullish movement in EIX stock today could be attributed to recent changes in outlook by top Wall Street analysts, potentially upgrading their ratings for the company.
• Investigations and lawsuits over recent wildfires in Los Angeles initially caused market uncertainty, but investors now appear optimistic about the company's ability to address these challenges.
• Concerns over increased wildfire damage estimates and liabilities for Edison International due to the return of Santa Ana winds have been overshadowed by the market's focus on the company's long-term growth prospects.
• Overall, today's bullish movement in EIX stock indicates that investors are looking beyond current legal issues and are optimistic about the company's future potential in the utility sector.

15.00.2025 - EIX Stock was up 7.0%

• Following an upgrade by Ladenburg Thalmann from Sell to Neutral, with a price target of $56.50, Edison International's stock witnessed noteworthy bullish activity.
• The California wildfires, causing damages estimated between $250 billion and $275 billion, have created challenges for the company, which faces ongoing investigations to assess the impact of downed power lines on the fires.
• Despite legal pressures and inquiries by the Portnoy Law Firm, there is a sense of optimism among investors regarding Edison International's future, contributing to the recent bullish market trends.
• The company's capacity to address these hurdles and potentially reduce liabilities stemming from the wildfires will be pivotal in influencing its future stock performance.

10.00.2025 - EIX Stock was down 5.2%

• EIX stock experienced a strong bearish movement likely due to concerns over the potential impact of the incoming windstorm in Southern California.
• The news of the windstorm and the heightened risk of wildfires in the region may have led investors to worry about potential disruptions to EIX's operations and infrastructure.
• The bearish market movement could also be influenced by broader market sentiment and profit-taking activities following recent gains in the stock.
• Investors may be closely monitoring EIX's response to the weather conditions and assessing the potential financial implications of any damage or service interruptions.

22.00.2025 - EIX Stock was down 5.1%

• An investigation by legal experts has emerged, raising questions about potentially misleading business information from Edison International, causing unease among investors.
• Reports of potential financial losses and legal troubles may have eroded investor confidence in the company's future prospects, leading to a downtrend in the stock price.
• Investor sentiment appears to be influenced by the uncertainties surrounding the accusations, prompting some to divest their holdings in Edison International and contributing to the bearish movement in the market.

16.00.2025 - EIX Stock was down 5.3%

• An upgrade from Ladenburg Thalman from Sell to Neutral did not notably impact the stock's performance, as it continued on a bearish trajectory.
• Concerns may have arisen among investors due to an investigation launched by the Portnoy Law Firm into Edison International, prompting a sell-off.
• The company's subsidiary, Southern California Edison, facing numerous lawsuits over fire damages, likely contributed to the negative sentiment and stock decline.
• Despite positive technical analysis and upgrades, Edison International faces a bearish market sentiment attributed to ongoing legal challenges and investigations.

14.10.2023 - EIX Stock was up 5.1%

• The partnership between Edison International and the Port of Long Beach to drive towards a zero-emissions future could have positively impacted the stock, as it aligns with the growing focus on sustainability and clean energy.
• The request made by BP, Shell, and Edison International for US and EU intervention in their dispute with Venture Global LNG may have caused some uncertainty in the market, but it does not seem to have significantly affected the bullish movement of EIX.
• The attention gained by Edison International shares due to strong EPS growth could have contributed to the bullish market movement, as investors may be optimistic about the company's financial performance.
• The company's commitment to diversity, equity, and inclusion, as highlighted in their recent report, may have also resonated positively with investors, further supporting the bullish trend.

02.10.2023 - EIX Stock was up 5.1%

• The bullish movement in EIX stock today can be attributed to the following factors:
• 1. Strong Q3 Earnings: Edison International reported earnings of $155 million in Q3, a significant improvement compared to a loss of $128 million in the same period last year. This positive earnings result likely boosted investor confidence and contributed to the bullish movement.
• 2. Mitigation Efforts: The article mentions that Edison International is actively working on wildfire mitigation strategies. This indicates that the company is taking proactive measures to address the risk of wildfires, which could have reassured investors and positively impacted the stock.
• 3. Long-Term Growth Outlook: Despite the earnings miss and revenue shortfall in Q3, Edison International reaffirmed its EPS guidance and long-term growth prospects. This reaffirmation of future growth potential might have instilled optimism among investors, leading to the bullish market movement.
• Overall, the strong Q3 earnings, the company's efforts in wildfire mitigation, and the positive long-term growth outlook likely contributed to the bullish movement in EIX stock today.

30.10.2023 - EIX Stock was down 2.2%

• The bearish movement in EIX today could be attributed to the following factors:
• 1. Market Fluctuations: The article mentions that markets have been fluctuating due to economic news and stock prices. This volatility could have influenced the bearish movement in EIX.
• 2. Clean Energy Transition: an article from Finanz Nachrichten highlights Edison International's Mobile Education Unit program, which focuses on clean energy education in rural communities. While this initiative is positive for the company's long-term growth potential, it may not have an immediate impact on the stock's performance, leading to the bearish movement.
• 3. Decarbonization Goals: an article from Finanz Nachrichten discusses California's decarbonization goals and the need for bold actions to achieve them. While Edison International plays a role in this transition, the market may have reacted negatively to the challenges and uncertainties associated with meeting these goals, contributing to the bearish movement.
• Overall, the bearish movement in EIX today could be influenced by market fluctuations, the lack of immediate impact from clean energy initiatives, and concerns about meeting decarbonization goals.