Skip to contentHome page Seeking Alpha - Power to InvestorsUnited KingdomApr 18, 2026, 11:45 AM ETNational Grid plc (NGG) StockWolf ReportInvesting Group LeaderCommentsSummaryNational Grid (NGG) retains its Hold rating with a $77/share price target, reflecting stretched valuation and limited risk-adjusted upside.NGG faces elevated risks from ambitious £60B+ CapEx plans, rising debt, and heavy reliance on uncertain AI-driven electricity demand.Current 3.7% dividend yield is less attractive than risk-free alternatives, and forward EPS growth is likely capped at 5–8% annually.Valuation offers less than 8% upside even on optimistic EPS growth, with regulatory, interest rate, and demand risks weighing on returns.Looking for a helping hand in the market? Members of Wolf of Value get exclusive ideas and guidance to navigate any climate.