15 Stocks That Took a Nosedive in January

7. Edison International (NYSE:EIX)

30-day Decline as of February 3, 2025: 32.3%

Edison International (NYSE:EIX) is one of the stocks that nosedived in January, declining by more than 32%. The stock had a share price of $79.8 on January 3, which declined to $54 on February 3. The stock experienced a major decline in investor sentiment in the first month of 2025.

Edison International (NYSE:EIX) is an electric power distribution company that provides clean and reliable energy and energy services through its subsidiaries. On January 23, Nicholas Campanella, an analyst at Barclays, lowered his price target on the firm from $76 to $67, keeping an overweight rating on the stock, following its Q4 earnings. At the same time, the analyst suggests that the market cap loss for the firm due to wildfires is excessive and overdone.

On the same day, analyst firm, Guggenheim, downgraded the stock from a buy rating to a neutral rating, lowering its price target to $60 from $91. The analyst firm suggested that the group is oversold and undervalued, with opportunities to outperform in 2025. In addition to that, the firm believes that the sector is set to offer growth at a reasonable price.