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National Grid PLC

NG · LSE · Utilities · £58.8B

Transmits and distributes electricity and gas across the UK, New England, and New York through regulated networks and infrastructure.

Technical Bias: Bearish lean
1,170p+0.00p (+0.00%)Delayed

As of Aug 28, 2026

Summary

National Grid PLC operates the electricity and gas networks across Britain and northeastern United States, providing essential infrastructure to millions of users. The stock is trading at 1,170p with a bearish technical bias despite a solid year-to-date gain of 19.4 per cent, and the company holds a market capitalisation of £58.8 billion.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

+0.00%

1W

-0.09%

1M

-1.22%

3M

-1.47%

YTD

+2.50%

1Y

+19.43%

As of Aug 28, 2026

Technical indicators

RSI (14)
42.8Neutral
MACD (12,26,9)
-0.9Bearish
Moving averages
50: 1213.18 · 200: 1229.6Bearish
Support / Resistance
1,155p / 1,209p

Technical Bias

Bearish lean

0 Bullish · 2 Bearish · 1 Neutral

National Grid PLC trades at 1,170p with three technical indicators pointing mostly lower right now. The MACD is negative at minus 0.9, and the 50-day moving average sits below the 200-day, both bearish reads, whilst RSI at 42.8 sits neutral. This is a derived technical read, not a recommendation.

A transparent read of the indicators below — not a prediction or recommendation.

As of Aug 28, 2026

Fundamentals

Market cap
£58.8B
P/E ratio
17.73
EPS
0.66p
Profit margin
18.32%
Revenue growth (YoY)
+2.0%
Free cash flow
Beta
0.59
52-week range
960.91p – 1,429p
Dividend yield
4.18%
Ex-dividend date
May 28, 2026
Next earnings
Nov 5, 2026 (65 days)

As of Aug 31, 2026

Upcoming catalysts

  • Earnings reportNov 5, 2026

As of Aug 31, 2026

Latest news

As of Aug 31, 2026

MonkeyTrade's Take on National Grid PLC

Our read on the signals above — informational, not a recommendation.

Short-term outlook

National Grid's short-term setup leans bearish: the shares sit below both the 50-day (1,213.18p) and 200-day (1,229.6p) averages, MACD confirms downward momentum, and the stock is down 1.2% over the past month. RSI at 42.8 is neutral rather than oversold, leaving room for further downside before a bounce looks likely. Watch 1,155p support for a break lower, or 1,209p resistance for signs the pressure is easing; no earnings catalyst is imminent, with the next report not due until November 2026.

Medium-term outlook

National Grid's fundamentals look steady rather than exciting: modest 2.0% revenue growth, a solid 18.3% profit margin, a 4.2% dividend yield and a reasonable 17.73 P/E, all consistent with a defensive utility earning its keep. Yet the technical lean is bearish, suggesting sentiment hasn't caught up with those steady fundamentals over the next few quarters. A pickup in revenue growth would be the key development to shift this bearish technical read.

Key risks

  • The £70B investment plan flagged at the AGM faces climate and data-centre scrutiny, which could affect execution or funding costs.
  • Revenue growth of just +2.0% year-on-year looks modest against the scale of capital being committed, including the $1.75 billion US data-centre power investment.
  • Some analysis already frames the stock as fairly valued following that spending, which may limit how much further re-r

About National Grid PLC

National Grid PLC is a UK-listed utility that owns and operates critical electricity infrastructure, sitting within the regulated electric industry. Trading on the London Stock Exchange under the ticker NG, the company holds a market capitalisation of £58.8B, placing it among the larger names on the exchange. Its role in transmitting and distributing power gives it a defensive position typical of regulated utilities, where revenues tend to be more predictable than in cyclical sectors.

Looking at the key figures, National Grid trades on a price-to-earnings ratio of 17.73, giving a sense of how the market currently values its earnings. The dividend yield stands at +4.2%, a figure income-focused investors often watch closely when assessing regulated utility stocks. Together, these metrics offer a snapshot of how the market is currently pricing National Grid's earnings and shareholder returns within the broader utilities sector.

How to trade National Grid PLC

Shares like this are usually traded as CFDs. Compare regulated brokers that offer share CFDs — weigh spreads, fees and platforms before you open an account.

AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk. How we build these pages.