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NGG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
84.070
Open
83.330
VWAP
83.42
Vol
794.73K
Mkt Cap
82.71B
Low
83.070
Amount
66.29M
EV/EBITDA(TTM)
14.27
Total Shares
995.18M
EV
105.21B
EV/OCF(TTM)
17.17
P/S(TTM)
3.50
National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes electricity distribution networks of NGED in the East Midlands, West Midlands and South West of England and South Wales. The New England segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New England. The New York segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New York.
Show More

Events Timeline

(ET)
2026-07-01
07:30:00
Joulent Secures $1.75B Strategic Investment from National Grid
select
2026-07-01
07:30:00
National Grid Invests $1.75B for 35% Stake in Joulent
select

News

seekingalpha
8.5
07-01seekingalpha
National Grid Invests $1.75B for 35% Stake in Joulent
  • Strategic Investment: National Grid (NGG) has agreed to invest $1.75 billion for a 35% stake in Joulent, valuing the company at $5 billion, which signifies NGG's expansion into the rapidly growing Texas power market.
  • Project Advancement: This investment will facilitate the development of Joulent's foundational project, Project Kilby, a 2.67 GW gas-fired power facility that will provide dedicated electricity to a Microsoft-operated data center under a 20-year power purchase agreement with Chevron (CVX).
  • Power Supply Agreement: The Kilby project has secured critical equipment, including GE Vernova turbines, and is set to start delivering power by 2028, ensuring a stable electricity supply for the data center.
  • Capital Investment Plan: This investment is incremental to National Grid's five-year capital investment program of at least £70 billion (~$90 billion) through 2031, reflecting the company's strong confidence in future growth, particularly in the gas-rich Texas market.
NASDAQ.COM
7.5
07-01NASDAQ.COM
National Grid Ventures Invests $1.75 Billion in Joulent Stake
  • Investment Scale: National Grid Ventures is investing $1.75 billion for a 35% stake in Joulent LLC, targeting the growing electricity demand from data centers and other energy-intensive industries in the U.S., indicating the company's strategic focus on future energy markets.
  • Project Collaboration: This investment will support the Kilby project, a 2.67-gigawatt power facility being developed in Texas by Joulent and Chevron, expected to start supplying power to a Microsoft data center in 2028, ensuring a long-term stable electricity supply.
  • Technology Integration: Joulent's solutions include gas generation, battery storage, renewable energy integration, and specialized grid connections aimed at accelerating power availability for large-load customers, further enhancing National Grid's competitiveness in the energy market.
  • Financial Strategy: National Grid stated that this investment will not affect its existing £70 billion capital investment program and will be funded using available balance sheet capacity, demonstrating its strategic decision-making capability in long-term infrastructure investments.
CNBC
4.0
06-27CNBC
Europe's Heatwave Sparks Investment Opportunities
  • Climate Change Impact: Multiple European countries are experiencing record heatwaves with temperatures exceeding 40 degrees Celsius, disrupting power supplies and closing schools, which directly affects the economy and increases the demand for climate adaptation and energy efficiency investments.
  • Insurance Sector Opportunities: Ninety One's Global Sustainable Equity Fund is focusing on insurance companies like Aon and Intact Financial, believing that climate change will drive structural growth in the insurance industry, particularly for firms offering climate risk management solutions.
  • Energy Transition Trends: As temperatures rise, companies like Johnson Controls and Siemens are seeing a surge in demand for HVAC products, with modern heat pumps serving as effective cooling devices to meet heightened summer demands.
  • Grid Modernization Needs: The surge in electricity demand is putting pressure on aging power infrastructure, with companies like ABB, Schneider Electric, and Siemens poised to benefit from investments in grid modernization, providing essential equipment to enhance power supply capabilities.
Newsfilter
7.5
06-23Newsfilter
National Grid Celebrates 17-Year Partnership with ISN
  • Partnership History: Since 2009, National Grid has partnered with ISN, leveraging the ISNetworld platform to streamline contractor management processes and enhance jobsite safety across New England and New York, ensuring safe and reliable energy delivery to millions of customers.
  • Safety Management Tools: Utilizing ISNetworld's RAVS 360™ tool, National Grid gains insights into the implementation of contractors' health, safety, and environmental programs, enabling them to identify strengths and areas for improvement, thereby enhancing contractor safety management capabilities.
  • Continuous Improvement: National Grid shares learnings with industry peers through its membership in the Edison Electric Institute and American Gas Association, continuously improving the effectiveness of work planning and execution to ensure contractor performance in safety and sustainability.
  • Strategic Significance: ISN's support allows National Grid to foster a culture of learning and collaboration in contractor management, strengthening risk identification and decision-making capabilities, which ultimately leads to higher safety standards and reliability in future energy delivery.
seekingalpha
9.5
05-14seekingalpha
National Grid Reports Slightly Below Expected Annual Profit
  • Annual Profit Performance: National Grid (NGG) reported an adjusted operating profit of £5.68 billion (~$7.68 billion) for the year ending March 31, falling short of the company-compiled consensus estimate of £5.75 billion, reflecting increased costs from storm damage repairs, although its U.S. business profit rose 7.4% to £636 million.
  • Revenue Decline: The company's total revenue was £17.6 billion, down 3.8% year-over-year, indicating revenue pressure amid a high-cost environment that could impact future investment capabilities.
  • Investment Plans: National Grid is embarking on its largest investment program in history, planning to spend at least £70 billion over the next five years to modernize and expand energy infrastructure across the U.K. and Northeast U.S., demonstrating confidence in future growth.
  • Debt Situation: As of the reporting period, National Grid's net debt reached £44.2 billion, exceeding market expectations of £43.3 billion, primarily due to dollar strengthening and timing effects from commodity costs, although overall results were in line with analyst expectations.
seekingalpha
9.5
05-14seekingalpha
National Grid Reports FY 2023 Performance
  • Revenue Performance: National Grid reported a revenue of £17.69 billion for FY 2023, reflecting a 3.8% year-over-year decline, indicating challenges in the market environment while demonstrating the company's ability to maintain stable operations amid adversity.
  • Record Capital Investment: The company achieved a record capital investment of £11.6 billion in FY 2023, with expectations to reach £9.8 billion in 2024/25, driving asset growth to 10.9%, showcasing the company's strong commitment to future development.
  • Earnings Per Share Growth: Underlying EPS stood at 78.0p, up 8% at constant currency, despite impacts from divestments, storm costs, and an increased share count, reflecting resilience in operational performance.
  • Dividend Policy: A recommended final dividend of 32.14p results in a total dividend of 48.49p, up 3.8% year-over-year, aligning with the company's policy to increase dividends in line with UK CPIH, demonstrating a commitment to shareholder returns.
Wall Street analysts forecast NGG stock price to rise
1 Analyst Rating
Wall Street analysts forecast NGG stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
85.50
Averages
85.50
High
85.50
Current: 0.000
sliders
Low
85.50
Averages
85.50
High
85.50
Berenberg
Hold
maintain
AI Analysis
2026-06-17
Reason
Berenberg
Price Target
AI Analysis
2026-06-17
maintain
Hold
Reason
Berenberg raised the firm's price target on National Grid to 1,350 GBp from 1,300 GBp and keeps a Hold rating on the shares.
BofA
Buy
maintain
2026-06-15
Reason
BofA
Price Target
2026-06-15
maintain
Buy
Reason
BofA lowered the firm's price target on National Grid to 1,450 GBp from 1,525 GBp and keeps a Buy rating on the shares. The firm's new target reflects higher rates and slightly higher March net debt, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NGG
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Valuation Metrics

The current forward P/E ratio for National Grid PLC (NGG.N) is 13.57, compared to its 5-year average forward P/E of 13.27. For a more detailed relative valuation and DCF analysis to assess National Grid PLC's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
13.27
Current PE
13.57
Overvalued PE
17.55
Undervalued PE
8.99

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
11.97
Current EV/EBITDA
11.46
Overvalued EV/EBITDA
13.00
Undervalued EV/EBITDA
10.94

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.39
Current PS
3.91
Overvalued PS
3.05
Undervalued PS
1.73

Financials

AI Analysis
Annual
Quarterly

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Whales Holding NGG

B
Bg Fund Management Luxembourg S.A.
Holding
NGG
+16.63%
3M Return
B
Barclays Bank PLC
Holding
NGG
+14.46%
3M Return
B
Bank of America Corporation
Holding
NGG
+14.17%
3M Return
T
Triodos Investment Management B.V.
Holding
NGG
+13.04%
3M Return
A
Amundi Asset Management
Holding
NGG
+11.48%
3M Return
S
Swisscanto Asset Management Ltd.
Holding
NGG
+11.24%
3M Return

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Frequently Asked Questions

What is National Grid PLC (NGG) stock price today?

The current price of NGG is 83.11 USD — it has increased 0.63

What is National Grid PLC (NGG)'s business?

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes electricity distribution networks of NGED in the East Midlands, West Midlands and South West of England and South Wales. The New England segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New England. The New York segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New York.

What is the price predicton of NGG Stock?

Wall Street analysts forecast NGG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NGG is85.50 USD with a low forecast of 85.50 USD and a high forecast of 85.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is National Grid PLC (NGG)'s revenue for the last quarter?

National Grid PLC revenue for the last quarter amounts to NaN USD, decreased

What is National Grid PLC (NGG)'s earnings per share (EPS) for the last quarter?

National Grid PLC. EPS for the last quarter amounts to USD, decreased

How many employees does National Grid PLC (NGG). have?

National Grid PLC (NGG) has 33026 emplpoyees as of July 08 2026.

What is National Grid PLC (NGG) market cap?

Today NGG has the market capitalization of 82.71B USD.