Algonquin Power & Utilities (AQN) Stock Forecast, Price Target & Predictions
AQN Stock Forecast
Algonquin Power & Utilities stock forecast is as follows: an average price target of $7.53 (represents a 36.91% upside from AQN’s last price of $5.50) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
AQN Price Target
AQN Analyst Ratings
Algonquin Power & Utilities Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 13, 2024 | Robert Hope | Scotiabank | $5.75 | $5.17 | 11.33% | 4.55% |
Aug 12, 2024 | Rupert Merer | National Bank | $6.75 | $5.15 | 31.07% | 22.73% |
Aug 12, 2024 | Neil Kalton | Wells Fargo | $6.00 | $5.41 | 10.91% | 9.09% |
May 29, 2024 | Neil Kalton | Wells Fargo | $8.50 | $6.38 | 33.23% | 54.55% |
Mar 11, 2024 | Brent Stadler | Desjardins | $5.75 | $6.42 | -10.44% | 4.55% |
Jan 08, 2024 | Ben Pham | BMO Capital | $7.50 | $6.51 | 15.21% | 36.36% |
Jan 13, 2023 | - | BMO Capital | $7.50 | $7.14 | 5.04% | 36.36% |
Jan 13, 2023 | - | Credit Suisse | $10.50 | $7.14 | 47.06% | 90.91% |
Dec 21, 2022 | - | RBC Capital | $8.00 | $6.70 | 19.40% | 45.45% |
Nov 30, 2022 | - | Credit Suisse | $10.75 | $7.30 | 47.26% | 95.45% |
Algonquin Power & Utilities Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 3 | 6 |
Avg Price Target | - | $6.17 | $6.71 |
Last Closing Price | $5.50 | $5.50 | $5.50 |
Upside/Downside | -100.00% | 12.18% | 22.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 05, 2024 | Janney Montgomery | - | Neutral | Initialise |
Aug 13, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
Aug 12, 2024 | Raymond James | - | Market Perform | Downgrade |
Aug 12, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
May 29, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Mar 11, 2024 | Desjardins | Sell | Hold | Upgrade |
Jan 08, 2024 | BMO Capital | Market Perform | Outperform | Upgrade |
Nov 10, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
Nov 10, 2023 | Wells Fargo | Overweight | Overweight | Hold |
Feb 16, 2023 | Bank of America Securities | - | Buy | Upgrade |
Algonquin Power & Utilities Financial Forecast
Algonquin Power & Utilities Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | $778.63M | $738.48M | $666.72M | $624.26M | $735.70M | $594.84M | $528.58M | $527.52M | $634.54M | $492.40M | $376.12M | $343.64M | $464.90M | $438.55M | $365.57M | $343.58M | $477.23M | $357.36M | $348.48M |
Avg Forecast | $629.44M | $617.77M | $567.81M | $711.13M | $668.17M | $624.92M | $635.95M | $813.38M | $661.73M | $623.56M | $611.83M | $733.59M | $685.66M | $593.82M | $614.28M | $709.61M | $521.99M | $483.03M | $463.04M | $560.76M | $523.18M | $412.62M | $407.40M | $562.11M | $479.41M | $404.19M | $403.68M | $530.38M | $274.89M | $383.33M |
High Forecast | $653.75M | $641.63M | $589.74M | $738.60M | $693.98M | $649.05M | $660.51M | $844.80M | $688.44M | $647.65M | $635.46M | $761.92M | $712.14M | $616.75M | $614.28M | $709.61M | $521.99M | $483.03M | $463.04M | $560.76M | $523.18M | $412.62M | $407.40M | $562.11M | $479.41M | $404.19M | $403.68M | $530.38M | $329.87M | $460.00M |
Low Forecast | $605.13M | $593.91M | $545.88M | $683.67M | $642.37M | $600.78M | $611.39M | $781.97M | $635.01M | $599.48M | $588.20M | $705.25M | $659.18M | $570.89M | $614.28M | $709.61M | $521.99M | $483.03M | $463.04M | $560.76M | $523.18M | $412.62M | $407.40M | $562.11M | $479.41M | $404.19M | $403.68M | $530.38M | $219.91M | $306.67M |
# Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 16 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.08% | 1.12% | 1.02% | 1.04% | 1.14% | 1.09% | 1.14% | 1.13% | 0.94% | 0.91% | 0.84% | 0.83% | 0.91% | 0.90% | 0.85% | 0.90% | 1.30% | 0.91% |
Algonquin Power & Utilities EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 16 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | $302.65M | $284.64M | $259.01M | $251.95M | $281.44M | $338.36M | $100.90M | $255.37M | $139.33M | $688.62M | $153.24M | $453.62M | $47.63M | $309.63M | $249.17M | $293.08M | $214.91M | $161.13M | $155.40M |
Avg Forecast | $260.96M | $256.13M | $235.41M | $294.83M | $277.02M | $259.09M | $263.66M | $319.93M | $274.35M | $258.53M | $253.66M | $290.85M | $284.27M | $117.92M | $254.68M | $264.41M | $211.11M | $107.20M | $237.13M | $139.33M | $211.60M | $142.29M | $164.77M | $50.01M | $275.23M | $163.47M | $163.26M | $214.51M | $112.79M | $169.53M |
High Forecast | $271.04M | $266.02M | $244.50M | $306.22M | $287.72M | $269.09M | $273.84M | $383.92M | $285.42M | $268.51M | $263.46M | $349.02M | $295.25M | $141.51M | $254.68M | $317.29M | $211.11M | $128.64M | $284.56M | $167.19M | $211.60M | $170.75M | $164.77M | $60.01M | $330.28M | $163.47M | $163.26M | $214.51M | $135.35M | $203.43M |
Low Forecast | $250.89M | $246.23M | $226.32M | $283.45M | $266.32M | $249.08M | $253.48M | $255.95M | $263.27M | $248.54M | $243.87M | $232.68M | $273.29M | $94.34M | $254.68M | $211.53M | $211.11M | $85.76M | $189.70M | $111.46M | $211.60M | $113.83M | $164.77M | $40.01M | $220.18M | $163.47M | $163.26M | $214.51M | $90.23M | $135.62M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 2.20% | 0.99% | 1.06% | 1.60% | 0.94% | 1.08% | 1.00% | 3.25% | 1.08% | 2.75% | 0.95% | 1.13% | 1.52% | 1.80% | 1.00% | 1.43% | 0.92% |
Algonquin Power & Utilities Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 16 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | $270.14M | $-91.10M | $-207.34M | $-62.32M | $52.60M | $143.51M | $-27.92M | $103.22M | $13.95M | $504.19M | $55.85M | $286.22M | $-63.80M | $172.10M | $115.75M | $156.63M | $86.41M | $47.92M | $36.69M |
Avg Forecast | $73.92M | $80.95M | $52.80M | $91.51M | $87.76M | $69.40M | $56.04M | $104.56M | $99.80M | $85.19M | $74.40M | $95.06M | $137.54M | $-32.63M | $101.45M | $86.42M | $149.34M | $-29.67M | $95.85M | $13.95M | $157.90M | $51.86M | $357.77M | $-66.99M | $152.98M | $91.30M | $91.24M | $159.73M | $33.54M | $40.02M |
High Forecast | $77.63M | $85.02M | $55.45M | $96.11M | $92.17M | $77.12M | $58.85M | $125.48M | $135.44M | $89.47M | $78.14M | $114.07M | $144.44M | $-26.11M | $101.45M | $103.70M | $149.34M | $-23.73M | $115.02M | $16.74M | $157.90M | $62.23M | $429.33M | $-53.59M | $183.57M | $91.30M | $91.24M | $159.73M | $40.25M | $48.03M |
Low Forecast | $70.20M | $76.89M | $50.15M | $86.92M | $83.36M | $53.98M | $53.22M | $83.65M | $78.41M | $80.91M | $70.66M | $76.05M | $130.63M | $-39.16M | $101.45M | $69.13M | $149.34M | $-35.60M | $76.68M | $11.16M | $157.90M | $41.49M | $286.22M | $-80.38M | $122.38M | $91.30M | $91.24M | $159.73M | $26.83M | $32.02M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.84% | -0.66% | 6.35% | -0.61% | 0.61% | 0.96% | 0.94% | 1.08% | 1.00% | 3.19% | 1.08% | 0.80% | 0.95% | 1.13% | 1.27% | 1.72% | 0.54% | 1.43% | 0.92% |
Algonquin Power & Utilities SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 16 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | $22.79M | $23.82M | $24.96M | $22.36M | $20.03M | $22.69M | $19.04M | $22.09M | $19.22M | $19.61M | $19.35M | $29.93M | $15.67M | $5.20M | $19.92M | $17.27M | $14.41M | $11.64M | $12.81M |
Avg Forecast | $26.09M | $25.60M | $23.53M | $29.47M | $27.69M | $25.90M | $26.36M | $23.02M | $27.42M | $25.84M | $25.36M | $20.93M | $28.42M | $22.25M | $25.46M | $19.03M | $20.87M | $20.23M | $20.51M | $19.22M | $20.92M | $17.97M | $37.41M | $19.98M | $4.62M | $16.16M | $16.14M | $21.21M | $8.15M | $13.97M |
High Forecast | $27.09M | $26.59M | $24.44M | $30.61M | $28.76M | $26.90M | $27.37M | $27.63M | $28.53M | $26.84M | $26.34M | $25.12M | $29.51M | $26.70M | $25.46M | $22.83M | $20.87M | $24.28M | $24.61M | $23.07M | $20.92M | $21.56M | $44.90M | $23.98M | $5.54M | $16.16M | $16.14M | $21.21M | $9.78M | $16.77M |
Low Forecast | $25.08M | $24.61M | $22.62M | $28.33M | $26.62M | $24.90M | $25.34M | $18.42M | $26.32M | $24.84M | $24.38M | $16.75M | $27.32M | $17.80M | $25.46M | $15.22M | $20.87M | $16.18M | $16.41M | $15.38M | $20.92M | $14.37M | $29.93M | $15.98M | $3.70M | $16.16M | $16.14M | $21.21M | $6.52M | $11.18M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.84% | 1.12% | 0.88% | 1.05% | 1.09% | 0.94% | 1.08% | 1.00% | 0.94% | 1.08% | 0.80% | 0.78% | 1.13% | 1.23% | 1.07% | 0.68% | 1.43% | 0.92% |
Algonquin Power & Utilities EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 17 | Jun 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 8 | 9 | 13 | 8 | 19 | 16 |
EPS | - | - | - | - | - | - | - | - | - | - | - | $0.39 | $-0.13 | $-0.31 | $-0.09 | $0.08 | $0.23 | $-0.05 | $0.16 | $0.02 | $0.84 | $0.09 | $0.54 | $-0.13 | $0.33 | $0.23 | $0.31 | $0.17 | $0.12 | $0.09 |
Avg Forecast | $0.10 | $0.12 | $0.07 | $0.13 | $0.12 | $0.10 | $0.08 | $0.16 | $0.14 | $0.12 | $0.11 | $0.16 | $0.20 | $0.17 | $0.15 | $0.21 | $0.21 | $0.15 | $0.13 | $0.20 | $0.22 | $0.14 | $0.12 | $0.21 | $0.18 | $0.13 | $0.13 | $0.22 | $0.07 | $0.12 |
High Forecast | $0.11 | $0.12 | $0.08 | $0.14 | $0.13 | $0.11 | $0.08 | $0.16 | $0.19 | $0.13 | $0.11 | $0.17 | $0.21 | $0.17 | $0.15 | $0.21 | $0.21 | $0.15 | $0.13 | $0.20 | $0.22 | $0.14 | $0.12 | $0.21 | $0.18 | $0.13 | $0.13 | $0.22 | $0.08 | $0.14 |
Low Forecast | $0.10 | $0.11 | $0.07 | $0.12 | $0.12 | $0.08 | $0.08 | $0.15 | $0.11 | $0.11 | $0.10 | $0.16 | $0.19 | $0.16 | $0.15 | $0.21 | $0.21 | $0.15 | $0.13 | $0.20 | $0.22 | $0.14 | $0.12 | $0.21 | $0.18 | $0.13 | $0.13 | $0.22 | $0.06 | $0.10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.37% | -0.67% | -1.87% | -0.63% | 0.37% | 1.10% | -0.33% | 1.21% | 0.10% | 3.79% | 0.66% | 4.59% | -0.62% | 1.84% | 1.79% | 2.42% | 0.76% | 1.73% | 0.77% |
Algonquin Power & Utilities Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
AMPS | Altus Power | $3.36 | $8.50 | 152.98% | Buy |
NEP | NextEra Energy Partners, LP | $26.34 | $52.63 | 99.81% | Hold |
BEP | Brookfield Renewable Partners | $26.17 | $37.12 | 41.84% | Buy |
AQN | Algonquin Power & Utilities | $5.50 | $7.53 | 36.91% | Hold |
FLNC | Fluence Energy | $21.73 | $26.73 | 23.01% | Buy |
CWEN | Clearway Energy | $29.16 | $35.00 | 20.03% | Buy |
ENLT | Enlight Renewable Energy | $16.73 | $20.00 | 19.55% | - |
AY | Atlantica Sustainable Infrastructure | $21.93 | $25.40 | 15.82% | Hold |
ORA | Ormat | $75.93 | $85.00 | 11.95% | Buy |
AQN Forecast FAQ
Is Algonquin Power & Utilities a good buy?
No, according to 10 Wall Street analysts, Algonquin Power & Utilities (AQN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 40.00% of AQN's total ratings.
What is AQN's price target?
Algonquin Power & Utilities (AQN) average price target is $7.53 with a range of $5.75 to $10.5, implying a 36.91% from its last price of $5.5. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Algonquin Power & Utilities stock go up soon?
According to Wall Street analysts' prediction for AQN stock, the company can go up by 36.91% (from the last price of $5.5 to the average price target of $7.53), up by 90.91% based on the highest stock price target, and up by 4.55% based on the lowest stock price target.
Can Algonquin Power & Utilities stock reach $8?
AQN's highest twelve months analyst stock price target of $10.5 supports the claim that Algonquin Power & Utilities can reach $8 in the near future.
What are Algonquin Power & Utilities's analysts' financial forecasts?
Algonquin Power & Utilities's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.74B (high $2.85B, low $2.64B), average EBITDA is $1.12B (high $1.21B, low $1.02B), average net income is $317.77M (high $353.62M, low $274.21M), average SG&A $102.97M (high $110.66M, low $95.28M), and average EPS is $0.459 (high $0.488, low $0.419). AQN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.53B (high $2.62B, low $2.43B), average EBITDA is $1.05B (high $1.09B, low $1.01B), average net income is $299.18M (high $314.2M, low $284.16M), average SG&A $104.69M (high $108.73M, low $100.65M), and average EPS is $0.425 (high $0.446, low $0.404).
Did the AQN's actual financial results beat the analysts' financial forecasts?
Based on Algonquin Power & Utilities's last annual report (Dec 2022), the company's revenue was $2.77B, beating the average analysts forecast of $2.6B by 6.21%. Apple's EBITDA was $1.08B, beating the average prediction of $921.28M by 16.91%. The company's net income was $-308M, missing the average estimation of $292.77M by -205.25%. Apple's SG&A was $91.18M, missing the average forecast of $95.15M by -4.17%. Lastly, the company's EPS was $-0.45, missing the average prediction of $0.718 by -162.67%. In terms of the last quarterly report (Mar 2023), Algonquin Power & Utilities's revenue was $778.63M, beating the average analysts' forecast of $733.59M by 6.14%. The company's EBITDA was $302.65M, beating the average prediction of $290.85M by 4.06%. Algonquin Power & Utilities's net income was $270.14M, beating the average estimation of $95.06M by 184.18%. The company's SG&A was $22.79M, beating the average forecast of $20.93M by 8.90%. Lastly, the company's EPS was $0.39, beating the average prediction of $0.164 by 137.47%