Edison International (EIX), a large-cap utility company with a market cap of $22.4 billion, is investing in renewable energy and grid modernization to support decarbonization goals. Despite dipping 31.9% below its 52-week high, EIX has gained 7.4% in the past three months but lags behind the Nasdaq Composite. EIX reported better-than-expected Q3 adjusted EPS of $2.34, a 55% increase from last year, but shares dropped 1.2% due to higher core loss per share and reduced fiscal 2025 EPS guidance. Analysts have a “Moderate Buy” rating on EIX with a mean price target of $65.93, reflecting a 15.3% premium.

Read more at Barchart: Is Edison International Stock Underperforming the Nasdaq?