National Grid plc is a multinational utility company headquartered in the United Kingdom. Established in 1990 through the merger of several regional electricity companies, National Grid has since expanded its operations to become a major player in the energy industry. The company’s primary business segments include electricity and gas transmission, distribution, and renewable energy generation.
National Grid (NGG) underwent a single stock split on May 22nd, 2017, with a split ratio of 0.916:1. This reverse split meant that one pre-split share became 0.916 shares after the split.
Key Takeaways:
- Renewable energy integration and grid modernization could drive significant price appreciation through 2050.
- Smart grid technology and EV infrastructure investments may support consistent growth in market valuation.
- Natural gas transmission capabilities and storage solutions might enhance long-term investment prospects.
National Grid Company Profile
| Country | United Kingdom |
| Ticker Symbol | NGG |
| Exchange | NYSE |
| Founded | 1990 |
| IPO Date | 1999 |
| Industry | Energy Utility |
| Sector | Utilities |
| Employees | 31,425 |
| CEO | John Pettigrew |
| Website | nationalgrid |
NGG Fundamental & Technical Data
Fundamental Data: (Data Source: marketwatch.com)
| Metric | Value |
|---|---|
| 52 Week Range | 55.13 – 73.40 |
| Market Cap | $61.29B |
| Shares Outstanding | 977.21M |
| Public Float | 977.13M |
| Beta | 0.62 |
| Rev. per Employee | $777.82K |
| P/E Ratio | 23.35 |
| EPS | $2.71 |
| Yield | 5.50% |
| Dividend | $2.49 |
| Ex-Dividend Date | Jun 7, 2024 |
| Short Interest | 617.94K (11/15/24) |
| % of Float Shorted | 0.06% |
| Average Volume | 491.45K |
Technical Data: (Data Source: stockanalysis.com)
| Metric | Value |
|---|---|
| Beta (5Y) | 0.2752 |
| Week Price Change | -2.52% |
| 50-Day Moving Average | 65.89 |
| 200-Day Moving Average | 65.05 |
| RSI | 43.73 |
| Average Volume (20 Days) | 633,614 |
Fundamentals: Strong financial health with $61.29B market cap and healthy P/E of 23.35. High dividend yield of 5.50% suggests good shareholder returns. Low EPS of $2.71 indicates moderate profitability.
Technical Analysis: Stock showing slight bearish trend with negative 52-week price change (-2.52%). Trading near moving averages suggests consolidation. RSI at 43.73 indicates neither overbought nor oversold.
Market Sentiment: Very low short interest (0.06%) suggests minimal bearish sentiment. Low beta (0.27) indicates less volatility than market. Moderate trading volume shows steady investor interest.
NGG Stock Price Prediction Tomorrow
Based on the technical analysis showing a consolidation pattern around $63-64 and recent downward momentum, NGG could test support at $63.50. Volume remains relatively low at 34.39K, suggesting limited conviction. The stock may trade between $63.20-$64.00, with slight bearish bias. Key support at $63.00 could prevent further decline. RSI indicates neither overbought nor oversold conditions.
NGG Stock Price Prediction Next Week
The weekly outlook appears cautiously negative, with resistance around $64.50 and support at $62.50. The descending trend since October suggests continued pressure. However, utility stocks typically show resilience during market uncertainty. Watch for potential reversal if volume increases significantly. Price could range between $62.00-$65.00, influenced by broader market sentiment and interest rate expectations. Consider defensive nature of utility sector.
NGG Stock Price Prediction 2025
By 2025, NGG is expected to reach $85. Our analysts expect that growth could reach 8% in 2025, potentially driven by National Grid’s expanding high-voltage transmission networks and advanced grid management systems. The support level might be established at $58, with resistance that could reach $87. NGG market cap could reach $80 billion by 2025, and Relative Strength Index (RSI) may range between 40-60, suggesting a balanced trading momentum.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $60 | $70 | $85 |
Monthly Price Projections 2025
| Month | Low Price | High Price |
|---|---|---|
| January | $60 | $72 |
| February | $62 | $74 |
| March | $63 | $75 |
| April | $64 | $76 |
| May | $65 | $77 |
| June | $66 | $78 |
| July | $67 | $79 |
| August | $68 | $80 |
| September | $69 | $81 |
| October | $70 | $82 |
| November | $72 | $83 |
| December | $75 | $85 |
Read more forecast: Consolidated Edison, Inc. (ED) Stock Price Prediction
NGG Stock Price Prediction 2026
By 2026, NGG is expected to reach $92. The company’s offshore wind connection developments and natural gas storage capabilities might drive market performance. Support levels could establish around $70, while resistance may test $98. Smart grid technology integration would likely enhance operational efficiency, potentially attracting institutional investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $70 | $76 | $92 |
| Month (2026) | Low Price | High Price |
|---|---|---|
| January | $70 | $82 |
| February | $71 | $83 |
| March | $72 | $84 |
| April | $73 | $85 |
| May | $74 | $86 |
| June | $75 | $87 |
| July | $76 | $88 |
| August | $77 | $89 |
| September | $78 | $90 |
| October | $79 | $91 |
| November | $80 | $91 |
| December | $82 | $92 |
NGG Stock Price Prediction 2027
By 2027, NGG is expected to reach $105. Electric vehicle infrastructure expansion and carbon capture innovations may propel growth potential. Technical indicators suggest support could form at $82, with resistance possibly extending to $110. The company’s digital transformation efforts might accelerate grid modernization initiatives.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $85 | $95 | $105 |
| Month (2027) | Low Price | High Price |
|---|---|---|
| January | $85 | $95 |
| February | $86 | $96 |
| March | $87 | $97 |
| April | $88 | $98 |
| May | $89 | $99 |
| June | $90 | $100 |
| July | $91 | $101 |
| August | $92 | $102 |
| September | $93 | $103 |
| October | $94 | $104 |
| November | $95 | $104 |
| December | $96 | $105 |
NGG Stock Price Prediction 2028
By 2028, NGG is expected to reach $120. Innovation in renewable energy connections and enhanced grid management systems could boost investor confidence. The stock might find support near $95, while resistance could develop around $125. Advanced energy storage solutions may contribute to operational excellence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $95 | $108 | $120 |
| Month (2028) | Low Price | High Price |
|---|---|---|
| January | $95 | $108 |
| February | $97 | $110 |
| March | $98 | $111 |
| April | $100 | $112 |
| May | $101 | $113 |
| June | $102 | $114 |
| July | $103 | $115 |
| August | $104 | $116 |
| September | $105 | $117 |
| October | $106 | $118 |
| November | $107 | $119 |
| December | $108 | $120 |
NGG Stock Price Prediction 2029
By 2029, NGG is expected to reach $135. The expansion of smart grid technologies and offshore wind capabilities might enhance market valuation. Support levels could establish around $110, with resistance potentially testing $140. The company’s advancements in grid digitalization and EV infrastructure may drive investor interest.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $110 | $122 | $135 |
| Month (2029) | Low Price | High Price |
|---|---|---|
| January | $110 | $122 |
| February | $112 | $124 |
| March | $114 | $126 |
| April | $116 | $128 |
| May | $118 | $129 |
| June | $119 | $130 |
| July | $120 | $131 |
| August | $121 | $132 |
| September | $122 | $133 |
| October | $123 | $134 |
| November | $124 | $134 |
| December | $125 | $135 |
NGG Stock Price Prediction 2030
By 2030, NGG is expected to reach $152. Natural gas infrastructure modernization and carbon capture technology implementation could strengthen growth prospects. Technical analysis suggests support might form at $125, while resistance could extend to $155. The company’s energy storage solutions may attract long-term institutional investment.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $125 | $138 | $152 |
| Month (2030) | Low Price | High Price |
|---|---|---|
| January | $125 | $135 |
| February | $127 | $137 |
| March | $129 | $139 |
| April | $131 | $141 |
| May | $133 | $143 |
| June | $135 | $145 |
| July | $137 | $146 |
| August | $139 | $147 |
| September | $141 | $148 |
| October | $143 | $150 |
| November | $144 | $151 |
| December | $145 | $152 |
Read more forecast: Stryker Corporation (SYK) Stock Price Prediction
NGG Stock Price Prediction 2031
By 2031, NGG is expected to reach $170. The integration of renewable energy sources and high-voltage transmission expansion could fuel market growth. Support levels might establish around $145, with resistance potentially reaching $175. Grid management innovations may enhance operational performance.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $145 | $158 | $170 |
NGG Stock Price Prediction 2032
By 2032, NGG is expected to reach $190. Advanced energy storage solutions and interconnector development might drive valuation upward. The stock could find support near $160, while resistance may test $195. Digital transformation initiatives may strengthen market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $160 | $175 | $190 |
NGG Stock Price Prediction 2033
By 2033, NGG is expected to reach $215. EV infrastructure expansion and smart grid technology implementation could boost investor confidence. Support might develop at $180, with resistance potentially extending to $220. Enhanced gas distribution capabilities may contribute to growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $180 | $198 | $215 |
NGG Stock Price Prediction 2034
By 2034, NGG is expected to reach $240. Advanced carbon capture technologies and offshore wind connections could strengthen market performance. Technical indicators suggest support might form at $200, with resistance potentially reaching $245. Community energy solutions may enhance market value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $200 | $220 | $240 |
NGG Stock Price Prediction 2035
By 2035, NGG is expected to reach $270. Grid modernization efforts and innovative energy storage solutions might drive growth potential. Support levels could establish around $225, while resistance may test $275. Smart grid analytics may improve operational efficiency.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $225 | $248 | $270 |
NGG Stock Price Prediction 2036
By 2036, NGG is expected to reach $305. Electric mobility infrastructure and renewable energy integration could enhance market outlook. The stock might find support near $255, with resistance potentially extending to $310. Digital infrastructure improvements may attract institutional investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $255 | $280 | $305 |
NGG Stock Price Prediction 2037
By 2037, NGG is expected to reach $345. Enhanced gas transmission capabilities and innovative storage solutions might boost market valuation. Support could form at $290, while resistance may develop around $350. Cross-border power distribution may drive growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $290 | $318 | $345 |
NGG Stock Price Prediction 2038
By 2038, NGG is expected to reach $390. Grid balancing technologies and renewable energy expansion could strengthen market position. Technical analysis suggests support might establish at $330, with resistance potentially reaching $395. Energy system innovations may enhance performance.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $330 | $360 | $390 |
NGG Stock Price Prediction 2039
By 2039, NGG is expected to reach $440. Advanced interconnector development and smart energy solutions might drive market growth. Support levels could form near $375, while resistance may test $445. Consumer energy efficiency programs may boost market confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $375 | $408 | $440 |
NGG Stock Price Prediction 2040
By 2040, NGG is expected to reach $500. Comprehensive grid digitalization and advanced energy storage capabilities might enhance market performance. Support levels could establish around $420, while resistance may test $505. Smart energy management systems may strengthen investor confidence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $420 | $460 | $500 |
| Month (2040) | Low Price | High Price |
|---|---|---|
| January | $420 | $460 |
| February | $425 | $465 |
| March | $430 | $470 |
| April | $435 | $475 |
| May | $440 | $480 |
| June | $445 | $485 |
| July | $450 | $490 |
| August | $455 | $492 |
| September | $460 | $494 |
| October | $465 | $496 |
| November | $470 | $498 |
| December | $475 | $500 |
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NGG Stock Price Prediction 2050
By 2050, NGG is expected to reach $2,450. Revolutionary energy transmission systems and complete renewable integration could drive substantial market growth. Support might develop at $2,000, with resistance potentially extending to $2,500. Next-generation grid technologies may transform operational capabilities.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2,000 | $2,225 | $2,450 |
| Month (2050) | Low Price | High Price |
|---|---|---|
| January | $2,000 | $2,150 |
| February | $2,050 | $2,200 |
| March | $2,100 | $2,250 |
| April | $2,150 | $2,300 |
| May | $2,200 | $2,320 |
| June | $2,250 | $2,340 |
| July | $2,300 | $2,360 |
| August | $2,320 | $2,380 |
| September | $2,340 | $2,400 |
| October | $2,360 | $2,420 |
| November | $2,380 | $2,430 |
| December | $2,400 | $2,450 |
Who are the Major Competitors of NGG
| Company Name | Market Cap (USD) | Enterprise Value (USD) | Dividend (%) | YTD Return |
|---|---|---|---|---|
| Duke Energy (DUK) | 90.54B | 177.44B | 3.57% | +21.08% |
| NextEra Energy (NEE) | 161.50B | 251.46B | 2.62% | +29.63% |
| Dominion Energy (D) | 49.29B | 92.77B | 4.55% | +25.10% |
| Southern Co. (SO) | 97.77B | 166.00B | 3.23% | +27.50% |
| Exelon Corp. (EXC) | 39.76B | 85.20B | 3.85% | +10.26% |
| Eversource Energy (ES) | 23.50B | 52.26B | 4.45% | +4.48% |
| ConEd (ED) | 34.85B | 61.39B | 3.28% | +10.81% |
| PG&E Corp. (PCG) | 46.18B | 105.62B | 0.19% | +19.95% |
| Xcel Energy (XEL) | 41.80B | 70.18B | 3.02% | +17.64% |
| Sempra Energy (SRE) | 59.55B | 100.92B | 2.64% | +26.04% |
National Grid Balance Sheet Report
National Grid plc (NYSE: NGG) reported a robust balance sheet for the fiscal year ending March 31, 2024. The company’s total assets stood at $98.33 billion, a significant increase from the previous year’s $92.70 billion, driven by ongoing investments in infrastructure and operations.
On the liabilities side, total liabilities, including minority interests, amounted to $68.43 billion, up from $63.14 billion. However, total equity also increased, reaching $29.89 billion. National Grid’s total capitalization stood at $71.42 billion, reflecting a strong financial position.
The company’s common stock equity reached $29.87 billion, while net tangible assets stood at $16.71 billion, indicating a solid asset base. Total debt reached $47.07 billion, with net debt at $45.75 billion, reflecting significant investments.
Overall, National Grid’s 2024 balance sheet demonstrates financial strength, with a solid asset base and manageable debt load. The company’s investments position it well for future growth and value creation.
Conclusion
Based on our comprehensive analysis, National Grid (NGG) shows remarkable growth potential from 2025 to 2050. Starting from $70 in 2025 to reaching $2,450 in 2050, the stock demonstrates a Compound Annual Growth Rate (CAGR) of approximately 15.8%. This growth projection is supported by the company’s expansion in renewable energy, grid modernization, and innovative energy solutions.
FAQs
1. What is the forecast for NGG stock?
Our analysis indicates NGG stock could reach $85 by 2025, $152 by 2030, and $2,450 by 2050. The growth pattern suggests steady increases, with market cap potentially reaching $80 billion by 2025. Support levels strengthen progressively, starting at $60 in 2025 and reaching $2,000 by 2050, indicating strong long-term growth potential.
2. Can NGG stock reach $100?
Based on our projections, NGG could surpass $100 by 2027, reaching $105 with support levels at $85. The company’s investments in electric vehicle infrastructure and grid modernization may drive this growth. Monthly forecasts indicate consistent upward momentum, with resistance levels testing $110 during this period.
3. Can NGG stock reach $200?
Our analysis shows NGG could achieve $200 by 2033, with strong support at $180. The company’s expansion in renewable energy integration and smart grid technologies could drive this milestone. The projected average price of $198 in 2033 suggests steady growth backed by operational improvements.
4. Can NGG stock reach $300?
NGG is expected to cross $300 by 2036, reaching $305 with support at $255. Enhanced digital infrastructure and electric mobility solutions might fuel this growth. The average price projection of $280 for 2036 indicates sustained upward momentum in the stock’s performance.
5. Can NGG stock reach $500?
According to our forecast, NGG could hit $500 by 2040, supported by comprehensive grid digitalization and advanced energy storage capabilities. The stock shows strong support at $420 with monthly progressive increases throughout 2040, suggesting this target is achievable through sustained growth.
6. Is NGG a “buy”, “hold” or “sell”?
Based on our price projections and growth analysis, NGG presents as a “buy” opportunity. With a CAGR of 15.8% from 2025 to 2050, strong fundamentals in energy infrastructure, and consistent price appreciation patterns, the stock shows significant potential for long-term value creation.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
