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National Grid PLC

NG · LSE · Utilities · £59.2B

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

Technical Bias: Bullish lean
1,194p+8.00p (+0.67%)Delayed

As of Oct 15, 2026

Summary

National Grid PLC operates the electricity and gas infrastructure networks across Britain and the northeastern United States. The stock is trading at 1,186p with a bullish technical bias, supported by a one-month return of 6.8% and a stronger year-on-year return of 11.2%.

Price history

Daily candles · adjusted close

As of Oct 14, 2026

Performance

1D

+0.67%

1W

+3.09%

1M

+6.80%

3M

-2.55%

YTD

+6.55%

1Y

+11.25%

As of Oct 14, 2026

Technical indicators

RSI (14)
64.1Neutral
MACD (12,26,9)
6.38Bullish
Moving averages
50: 1158.87 · 200: 1218.5Neutral
Support / Resistance
1,180p / 1,209p

Technical Bias

Bullish lean

1 Bullish · 0 Bearish · 2 Neutral

The technical picture for National Grid PLC leans bullish right now. MACD momentum is positive, though RSI at 64.1 suggests neither overbought nor oversold conditions, and the moving averages show a mixed intermediate picture with price sitting between key levels. This is a derived technical read based on current indicators and does not constitute investment advice.

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

As of Oct 14, 2026

Fundamentals

Market cap
£59.2B
P/E ratio
18.12
EPS
0.65p
Profit margin
18.32%
Revenue growth (YoY)
+2.0%
Free cash flow
—
Beta
0.58
52-week range
1,044p – 1,392p
Dividend yield
4.23%
Ex-dividend date
May 28, 2026
Next earnings
Nov 5, 2026 (20 days)

As of Oct 16, 2026

Upcoming catalysts

  • Earnings reportNov 5, 2026

As of Oct 16, 2026

Latest news

As of Oct 16, 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 bullish, with MACD confirming the upward push behind a 6.8% monthly gain, though RSI at 64.1 shows momentum isn't yet stretched. A clear break above the 1,209p resistance would reinforce the case for further gains, while a slip back under 1,180p support would undercut it. With earnings not due until November 2026, there's no near-term catalyst to disrupt the current technical picture.

Medium-term outlook

National Grid's numbers paint a steady, income-led picture: modest 2.0% revenue growth, a solid 18.3% profit margin, and a 4.2% dividend yield, with the stock trading at 18.12 times earnings and a bullish technical lean. Over the next few quarters that mix suggests a case built on income and stable fundamentals rather than fast growth, with the technical backdrop supportive. A marked slowdown in revenue growth or margin pressure would be the key thing to change that read.

Key risks

  • Revenue growth of +2.0% year on year is relatively modest, which could limit the pace of earnings expansion if cost pressures build.
  • A new challenger, Burnham, is opening up the energy network space, introducing competitive risk to National Grid's traditional market position.
  • Trading well off its 52-week high of 1,392p at 1,186p, the stock shows it can see meaningful swings within its range, with the low sitting at 1,044p.
  • As a regulated utility, National Grid's prospects are tied to the interest rate environment, and continued elevated rates could affect the appeal of its dividend profile relative to other income options.

About National Grid PLC

National Grid PLC is a UK-listed utilities company trading on the London Stock Exchange under the ticker NG. Operating within the regulated electric utilities industry, it forms part of the essential infrastructure that keeps electricity flowing across its markets. With a market capitalisation of £59.2 billion, National Grid sits among the larger names in its sector, reflecting its scale and the extensive, regulated networks it runs.

Looking at the numbers, National Grid trades on a price-to-earnings ratio of 18.12, giving a sense of how the market currently values its earnings relative to its share price. Its dividend yield stands at 4.2%, a figure often watched by investors drawn to regulated utilities for their income potential. Together, these figures offer a snapshot of how National Grid is positioned financially within the regulated electric utilities space.

How to trade National Grid PLC

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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.