National Grid (NGG) Stock Analysis & Forecast

Nov 4 close

$85.22+2.39 (+2.9%)

Gekko Brief

AI summaryNov 4 close

National Grid's stock this week has been shaped by its push into AI-driven infrastructure, with the company agreeing to buy over 70 acres of land in Teesside, UK, to build a 3.2GW substation that will power a large AI data center, part of the UK's "sovereign AI" growth zone initiative. Alongside this, National Grid confirmed up to £400 million ($531 million) in investment to extend the life of the IFA UK-France power link to 2050. Analyst sentiment has also turned more positive, with the 12-month price target raised to $89.96 from $89.37, implying upside from recent levels.

NGG closed at $85.22, up 2.9%, sitting between its 50-day average of $78.53 and 200-day average of $83.39, with 1-month returns of 10.9% and 3-month returns of 6%. The GekkoIndex reads 45.4, placing the stock in the Neutral zone, down 5.9 over the past 5 readings. Price sits 2.6% above Gekko Fair Value of $83.04, within the range Gekko considers close to fair.

National Grid reports earnings on 5 November 2026, before the open, falling at the very start of a typical 20-trading-day holding window, with an average absolute reaction of 3.8% historically and 2 beats across the last 8 quarters. No insider, Congress or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 4.5% return over 5 years, positive in 4 of those years. The sole analyst covering the stock holds a Hold rating, with a consensus target of $89.94, implying 5.5% upside.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

National Grid price vs fair value

$85.22$83.04Nov ’25May ’26Nov ’26
Close $85.22200-day averageGekko Fair Value $83.04

National Grid quick facts

Market cap
$86.32B
P/E ratio
19.2
Forward P/E
28.3
EPS, TTM
$4.39
Revenue, TTM
$17.69B
Profit margin
18.3%
Dividend yield
3.84%
Beta
0.61
Volume
1.55M avg 926,249
1-year return
+14.0%
Typical daily move
±1.8%
Typical 20-day move
±4.1%
50-day average
$78.53
200-day average
$83.39
Next earnings
Nov 5 before open
Shares outstanding
1.01B
52-week range
$73.37$94.64

National Grid swing-trade checklist

National Grid scores 1 supportive, 3 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $85.22 sits between the 50-day ($78.53) and 200-day ($83.39) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    45.4, Neutral

    Reading 45.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    2.6% above

    Price is within 5% of Gekko Fair Value (2.6% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports today

    Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +4.5% on average

    From this point in the calendar, the next 20 trading days averaged +4.5% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

National Grid stock chart and price history

National Grid closed at $85.22 on Nov 4, 2026, +14.0% over the past year, inside a 52-week range of $73.37 to $94.64.

Close50-day average200-day averageVolume
National Grid share price, past year, with 50-day and 200-day moving averages and volume$70$75$80$90$95DecJan 2026FebMarAprMayJunJulAugSepOct85.22

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+10.9%
3 months
+6.0%
6 months
−3.0%
1 year
+14.0%
The full NGG chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NGG in Gekko

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About National Grid

National Grid moves electricity and gas from where it is produced to where it is used, running the high-voltage power lines and gas networks that keep homes and businesses supplied. It is best known for operating the backbone of Britain's electricity transmission system, alongside distribution and transmission activities in parts of the northeastern United States.

The company is organised into several segments. Its UK arms handle electricity transmission across England and Wales and electricity distribution across the Midlands, the Southwest of England, and South Wales. In the United States, its New England and New York segments cover electricity and gas distribution together with high-voltage transmission. A further segment, National Grid Ventures, runs electricity interconnectors and liquefied natural gas importing at the Isle of Grain, while a separate segment covers commercial property leasing and sales and insurance work in the United Kingdom.

National Grid was founded in 1990 and is headquartered in London, in the United Kingdom. Its shares trade under the ticker NGG.

Sector
Utilities
Website
nationalgrid.com

National Grid GekkoIndex: the smart money zone

National Grid’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 45.4, in the Neutral zone, down 5.9 points over five sessions.

010045.4Neutral

Down 5.9 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying28+1.4%+0.8%+1.1%+2.1%
Accumulation206+0.4%+0.5%+1.5%+1.7%
Neutral (current zone)375+0.1%+0.5%+0.8%+2.4%
Distribution41−0.3%−1.0%−3.0%−3.8%
Selling0Not available

Average NGG share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the NGG price, zone by zone.Track NGG in Gekko

Is National Grid stock overvalued? Gekko Fair Value

National Grid trades 2.6% above Gekko Fair Value of $83.04, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what National Grid shares are worth, recalculated every trading day.

$83.04

Gekko Fair Value, Nov 4, 2026

2.6% above fair value · About fair value

At the end of Aug 2026 the price was 9.6% below the estimate.

Gekko Fair ValueShare price, month end
$83$83Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open NGG in Gekko

National Grid insider and Congress trading

No open-market insider purchases were filed for National Grid, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for NGG in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every NGG insider filing, plotted on the chart in Gekko.Open NGG in Gekko

Congress trades last 90 days

No trades in NGG were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for NGG, plotted on the chart in Gekko.Open NGG in Gekko

National Grid earnings: next date and track record

National Grid reports on Nov 5, 2026, before the open (today), and beat the EPS estimate in 2 of its last 8 reports.

2 of 8reports beat the EPS estimate
±3.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−15.7%May ’24−0.5%Aug ’24−0.3%Nov ’24−2.0%Feb ’25+5.7%May ’25+1.4%Sep ’25+3.2%Nov ’25+1.5%Feb ’26
ReportedEPSSurpriseRevenueSurpriseMove
Feb 25, 2026$0.00
est $0.00
———+1.5%
Nov 6, 2025$0.00
est $0.00
—$7.60B
est $11.22B
−32.2%+3.2%
Sep 3, 2025$0.00
est $0.00
———+1.4%
May 15, 2025$0.46
est $0.00
—$14.08B
est $16.34B
−13.8%+5.7%
Feb 26, 2025$0.13
est $0.00
———−2.0%
Nov 7, 2024$0.00
est $0.00
—$10.53B
est $11.68B
−9.8%−0.3%
Aug 28, 2024$0.00
est $0.00
———−0.5%
May 23, 2024$0.00
est $0.00
—$14.40B
est $14.07B
+2.3%−15.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

National Grid stock forecast and analyst price targets

Analysts’ average 12-month price target for National Grid is $89.94, +5.5% from the last close, from 1 firm rating the stock in the last 90 days.

$89.94consensus 12-month target, +5.5% from the last close
Buy0
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 1 firm.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 8Berenberg BankHold, maintained$90.30+6.0%
+0.8%average 20-day move after past Neutral readings
+4.5%average move over the next 20 trading days in the last 5 years
±1.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

National Grid seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, National Grid averaged +4.5% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+3.2%2021+13.3%2022+7.3%2023−2.3%2024+1.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.8%3 of 5
Next 10 trading days+3.3%4 of 5
Next 15 trading days+3.2%3 of 5
Next 20 trading days+4.5%4 of 5
Next 30 trading days+4.3%4 of 5

For scale, NGG’s typical 20-trading-day move in either direction is about 4.1%.

National Grid market cap and key statistics

National Grid’s market cap is $86.32B, with a P/E ratio of 19.2 and revenue of $17.69B over the last twelve months.

Valuation

Market cap
$86.32B
P/E ratio
19.2
Forward P/E
28.3
EPS, TTM
$4.39
Gekko Fair Value
$83.04

Trading

Volume
1.55M
Avg volume, 20 days
926,249
52-week high
$94.64
52-week low
$73.37
Shares outstanding
1.01B

Financials

Revenue, TTM
$17.69B
Profit margin
18.3%
Return on equity
8.4%
Quarterly earnings growth, YoY
+14.4%

Risk and income

Beta
0.61
Typical daily move
±1.8%
Typical 20-day move
±4.1%
Dividend yield
3.84%

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National Grid stock FAQ

What is National Grid’s market cap?

National Grid’s market cap is $86.32B at the Nov 4, 2026 close of $85.22, with 1.01B shares outstanding. The shares trade on a P/E ratio of 19.2.

What is the National Grid stock forecast?

The consensus analyst 12-month price target for National Grid is $89.94, +5.5% from the last close. Of the 1 firm that rated the stock in the last 90 days, 0 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is National Grid stock overvalued or undervalued?

On Gekko’s estimate National Grid is about fair value: the Nov 4, 2026 close of $85.22 is 2.6% above Gekko Fair Value of $83.04. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does National Grid report earnings next?

National Grid is expected to report on Nov 5, 2026, before the market opens (today). Analysts expect earnings of $2.29 per share on revenue of $10.15B. National Grid beat the earnings estimate in 2 of its last 8 reports, moving 3.8% on average across the report.

What is National Grid’s 52-week high and low?

National Grid’s 52-week high is $94.64 and its 52-week low is $73.37; it closed at $85.22 on Nov 4, 2026, +14.0% over the past year.

Is National Grid stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (seasonality), 3 as mixed (trend, gekkoindex and fair value) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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