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Algonquin Power & Utilities (AQN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

AQN Stock Forecast

Algonquin Power & Utilities (AQN) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $5.88, with a high of $6.75 and a low of $5.50. This represents a 37.06% increase from the last price of $4.29.

$4 $5 $6 $7 $8 $9 High: $6.75 Avg: $5.88 Low: $5.5 Last Closed Price: $4.29

AQN Stock Rating

Algonquin Power & Utilities stock's rating consensus is Hold, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (36.36%), 7 Hold (63.64%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 11 0 7 4 Strong Sell Sell Hold Buy Strong Buy

AQN Forecast vs Benchmarks

TypeNameUpside
StockAlgonquin Power & Utilities37.06%
SectorUtilities Stocks11.08%

Price Target Trends

1M3M12M
# Anlaysts--7
Avg Price Target--$6.25
Last Closing Price$4.29$4.29$4.29
Upside/Downside--45.69%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 252-10--12
Dec, 241-10--11
Nov, 24119--11
Oct, 24119--11
Sep, 24129--12
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Mark JarviCIBC$5.50$5.078.48%28.21%
Oct 16, 2024Neil KaltonWells Fargo$5.50$5.098.06%28.21%
Aug 13, 2024Robert HopeScotiabank$5.75$5.1711.22%34.03%
Aug 12, 2024Rupert MererNational Bank$6.75$5.1531.07%57.34%
Aug 12, 2024Neil KaltonWells Fargo$6.00$5.4110.91%39.86%
May 29, 2024Neil KaltonWells Fargo$8.50$6.3833.23%98.14%
Mar 11, 2024Brent StadlerDesjardins$5.75$6.42-10.44%34.03%
Jan 08, 2024Ben PhamBMO Capital$7.50$6.5115.21%74.83%
Jan 13, 2023BMO Capital$7.50$7.145.04%74.83%
Jan 13, 2023Credit Suisse$10.50$7.1447.06%144.76%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024CIBCNeutralNeutralhold
Oct 16, 2024Wells FargoEqual-WeightEqual-Weighthold
Sep 05, 2024Janney MontgomeryNeutralinitialise
Aug 13, 2024ScotiabankSector PerformSector Performhold
Aug 12, 2024Raymond JamesMarket Performdowngrade
Aug 12, 2024Wells FargoOverweightEqual-Weightdowngrade
May 29, 2024Wells FargoOverweightOverweighthold
Mar 11, 2024DesjardinsSellHoldupgrade
Jan 08, 2024BMO CapitalMarket PerformOutperformupgrade
Nov 10, 2023Wells FargoOverweightOverweighthold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.46$0.30$-0.45$0.03-----
Avg Forecast$0.65$0.70$0.67$0.50$0.39$0.31$0.36$0.37$0.41
High Forecast$0.62$0.66$0.64$0.47$0.38$0.28$0.32$0.35$0.39
Low Forecast$0.68$0.73$0.72$0.53$0.41$0.33$0.41$0.39$0.43
Surprise %124.62%-57.14%-167.16%-94.00%-----

Revenue Forecast

$2B $2B $2B $2B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.68B$2.29B$2.77B$2.74B-----
Avg Forecast$1.76B$2.22B$2.68B$2.76B$2.65B$2.53B$2.61B$2.68B$2.75B
High Forecast$1.69B$2.13B$2.60B$2.70B$2.61B$2.48B$2.58B$2.59B$2.65B
Low Forecast$1.82B$2.30B$2.84B$2.82B$2.70B$2.61B$2.65B$2.78B$2.85B
Surprise %-4.90%2.85%2.99%-0.95%-----

Net Income Forecast

$-500M $-200M $100M $400M $700M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$782.46M$185.66M$-308.15M$28.67M-----
Avg Forecast$450.15M$483.82M$368.55M$20.32M$273.21M$210.94M$253.06M$255.58M$283.21M
High Forecast$425.39M$457.22M$281.78M$15.59M$262.57M$190.53M$223.48M$244.21M$270.61M
Low Forecast$469.69M$504.83M$455.31M$25.05M$283.86M$231.35M$282.65M$267.73M$296.67M
Surprise %73.82%-61.63%-183.61%41.13%-----

AQN Forecast FAQ

Is Algonquin Power & Utilities stock a buy?

Algonquin Power & Utilities stock has a consensus rating of Hold, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 7 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Algonquin Power & Utilities is a neutral investment for most analysts.

What is Algonquin Power & Utilities's price target?

Algonquin Power & Utilities's price target, set by 11 Wall Street analysts, averages $5.88 over the next 12 months. The price target range spans from $5.5 at the low end to $6.75 at the high end, suggesting a potential 37.06% change from the previous close price of $4.29.

How does Algonquin Power & Utilities stock forecast compare to the average forecast of its sector, industry, and investment themes?

Algonquin Power & Utilities stock forecast shows a 37.06% upside, outperforming the average forecast for the utilities stocks sector (11.08%).

What is the breakdown of analyst ratings for Algonquin Power & Utilities over the past three months?

  • January 2025: 16.67% Strong Buy, 0% Buy, 83.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 9.09% Strong Buy, 0% Buy, 90.91% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 9.09% Strong Buy, 9.09% Buy, 81.82% Hold, 0% Sell, 0% Strong Sell.

What is Algonquin Power & Utilities’s EPS forecast?

Algonquin Power & Utilities's average annual EPS forecast for its fiscal year ending in December is 0.39 for 2024, a 1200.00% increase from the reported $0.03 in 2023. The prediction for 2025 is $0.31, $0.36 for 2026, $0.37 for 2027, and $0.41 for 2028.

What is Algonquin Power & Utilities’s revenue forecast?

Algonquin Power & Utilities's average annual revenue forecast for its fiscal year ending in December is $2.65B for 2024, a -3.32% decrease from the reported $2.74B in 2023. The forecast for 2025 is $2.53B, $2.61B for 2026, $2.68B for 2027, and $2.75B for 2028.

What is Algonquin Power & Utilities’s net income forecast?

For its fiscal year ending in December, Algonquin Power & Utilities's average annual net income forecast is $273.21M for 2024, reflecting an 852.82% increase from the reported $28.67M in 2023. The projection for 2025 is $210.94M, $253.06M for 2026, $255.58M for 2027, and $283.21M for 2028.