National Grid PLC
Transmits and distributes electricity and gas across the UK, New England, and New York through regulated networks and infrastructure.
As of Jul 17, 2026
Executive summary
National Grid PLC operates the electricity and gas transmission networks across Britain and northeastern United States. The stock is trading with a bullish technical lean and has delivered a return of 23.5 percent over the past year, reflecting strong momentum in the utility sector. The company carries a market capitalisation of £62.0 billion.
Price history
As of Jul 17, 2026
Performance
+3.33%
+2.53%
+5.59%
+1.16%
+12.98%
+23.47%
As of Jul 17, 2026
Technical indicators
- 56.2
- 0.27Bullish
- 50: 1225.22 · 200: 1196.28Bullish
- 1,200p / 1,253p
Technical Bias
Bullish lean
National Grid's technical picture tilts bullish right now. The MACD and moving averages both favour upside momentum, whilst RSI sits neutral in the middle zone; that's two bullish signals against none bearish. This is a derived technical read, not investment advice.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- £62.0B
- 19.18
- 0.65p
- 18.32%
- +2.0%
- —
- 0.6
- 960.91p – 1,392p
- 3.99%
- May 28, 2026
- Nov 5, 2026 (110 days)
As of Jul 17, 2026
Upcoming catalysts
- Earnings report
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
National Grid shares are up 5.6% over the past month, with MACD and both the 50-day and 200-day moving averages pointing to a bullish trend, while RSI at 56.2 stays in neutral territory. With price holding above support at 1,200p, the next few weeks likely hinge on whether it can clear resistance at 1,253p, with earnings not due until November 5, 2026.
Medium-term outlook
Over the next few quarters, National Grid's steady but modest 2.0% revenue growth and a solid 18.3% profit margin point to a business ticking along reliably, typical of the utilities sector. With a 19.18 P/E and a 4.0% dividend yield, it may continue to appeal to income-focused investors, while the current bullish technical lean suggests price momentum is on side too.
Key risks
- National Grid's £70B investment plan draws scrutiny from shareholders on both climate commitments and data centre power demands, which could pressure execution and returns.
- Heavy capital commitments, including the $1.75 billion earmarked for U.S. data centre power, add financial risk if project costs rise or returns disappoint.
- Revenue growth of just 2.0% year on year is modest, so the stock's performance may lean heavily on regulatory outcomes and successful investment delivery rather than organic momentum.
- Trading near the upper half of its 52-week range at 1,257p, with valuation already described as fairly reflecting the recent investment news, leaves less room for error if expansion plans underdeliver.
About National Grid PLC
National Grid PLC is one of the UK's largest regulated utility groups, operating within the Utilities sector under the Regulated Electric industry classification. Listed on the London Stock Exchange under the ticker NG, the company runs essential electricity infrastructure, the kind of business that underpins daily life across the country. With a market capitalisation of £62.0 billion, it stands as a heavyweight in the utilities space, reflecting its scale and the significance of the networks it manages.
The company's key figures give a sense of how the market currently views it. A price-to-earnings ratio of 19.18 suggests investors are paying a moderate premium for its earnings, typical of a stable, regulated business. Meanwhile, a dividend yield of +4.0% highlights National Grid's role as an income-generating stock, a feature often valued by investors seeking steady returns from essential-service companies rather than rapid growth.
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.