Hubbell (HUBB) Stock Forecast, Price Target & Predictions
HUBB Stock Forecast
Hubbell stock forecast is as follows: an average price target of $343.00 (represents a -15.23% downside from HUBB’s last price of $404.63) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
HUBB Price Target
The average price target for Hubbell (HUBB) is $343.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $441.00 to $220.00. This represents a potential -15.23% downside from HUBB's last price of $404.63.
HUBB Analyst Ratings
According to 10 Wall Street analysts, Hubbell's rating consensus is 'Hold'. The analyst rating breakdown for HUBB stock is 0 'Strong Buy' (0.00%), 4 'Buy' (40.00%), 6 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hubbell Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Chris Snyder | Morgan Stanley | $407.00 | $370.42 | 9.88% | 0.59% |
| Sep 05, 2024 | Nicole DeBlase | Deutsche Bank | $441.00 | $370.42 | 19.05% | 8.99% |
| Jul 31, 2024 | Julian Mitchell | Barclays | $368.00 | $379.80 | -3.11% | -9.05% |
| May 01, 2024 | Joseph O'Dea | Wells Fargo | $397.00 | $370.52 | 7.15% | -1.89% |
| Apr 02, 2024 | Julian Mitchell | Barclays | $400.00 | $416.80 | -4.03% | -1.14% |
| Feb 01, 2023 | - | Morgan Stanley | $238.00 | $232.65 | 2.30% | -41.18% |
| Jan 04, 2023 | - | UBS | $225.00 | $234.49 | -4.05% | -44.39% |
| Nov 17, 2022 | - | UBS | $254.00 | $243.86 | 4.16% | -37.23% |
| Jul 27, 2022 | - | Morgan Stanley | $206.00 | $205.03 | 0.47% | -49.09% |
| Jun 29, 2022 | - | Wells Fargo | $188.00 | $180.90 | 3.92% | -53.54% |
The latest Hubbell stock forecast, released on Sep 06, 2024 by Chris Snyder from Morgan Stanley, set a price target of $407.00, which represents a 9.88% increase from the stock price at the time of the forecast ($370.42), and a 0.59% increase from HUBB last price ($404.63).
Hubbell Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 5 |
| Avg Price Target | $424.00 | $405.33 | $402.60 |
| Last Closing Price | $404.63 | $404.63 | $404.63 |
| Upside/Downside | 4.79% | 0.17% | -0.50% |
In the current month, the average price target of Hubbell stock is $424.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 4.79% increase as opposed to Hubbell's last price of $404.63. This month's average price target is up 4.61% compared to last quarter, and up 5.32% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 06, 2024 | Morgan Stanley | Equal-Weight | Positive | Initialise |
| Sep 05, 2024 | Deutsche Bank | - | Buy | Upgrade |
| Aug 27, 2024 | Oppenheimer | Perform | Perform | Hold |
| Aug 02, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 31, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 01, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Feb 01, 2023 | Benchmark | - | Hold | Downgrade |
| Feb 01, 2023 | Needham | - | Buy | Upgrade |
Hubbell's last stock rating was published by Wells Fargo on Sep 06, 2024. The company gave HUBB a "Buy" rating, the same as its previous rate.
Hubbell Financial Forecast
Hubbell Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.35B | $1.38B | $1.37B | $1.29B | $1.22B | $1.32B | - | $1.16B | $1.10B | $1.21B | $1.19B | $1.08B | $1.04B | $1.11B | $949.20M | $1.09B | $1.10B | $1.20B |
| Avg Forecast | $1.57B | $1.66B | $1.61B | $1.50B | $1.51B | $1.57B | $1.54B | $1.45B | $1.44B | $1.49B | $1.48B | $1.39B | $1.32B | $1.39B | $1.37B | $1.25B | $1.24B | $1.25B | $1.20B | $1.08B | $1.22B | $1.24B | $1.17B | $1.07B | $1.06B | $1.09B | $1.03B | $1.06B | $1.15B | $1.21B |
| High Forecast | $1.59B | $1.67B | $1.63B | $1.52B | $1.53B | $1.58B | $1.55B | $1.46B | $1.45B | $1.50B | $1.50B | $1.41B | $1.33B | $1.45B | $1.39B | $1.26B | $1.25B | $1.26B | $1.20B | $1.10B | $1.24B | $1.27B | $1.19B | $1.09B | $1.08B | $1.12B | $1.05B | $1.08B | $1.17B | $1.23B |
| Low Forecast | $1.55B | $1.63B | $1.58B | $1.48B | $1.49B | $1.54B | $1.51B | $1.42B | $1.42B | $1.48B | $1.46B | $1.37B | $1.30B | $1.37B | $1.35B | $1.23B | $1.22B | $1.23B | $1.20B | $1.05B | $1.18B | $1.21B | $1.14B | $1.04B | $1.03B | $1.06B | $1.00B | $1.03B | $1.12B | $1.18B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.99% | 0.99% | 1.03% | 0.98% | 1.05% | - | 1.07% | 0.90% | 0.98% | 1.02% | 1.01% | 0.98% | 1.01% | 0.92% | 1.03% | 0.96% | 1.00% |
Hubbell's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.39B, with a low forecast of $1.37B, and a high forecast of $1.41B. HUBB's average Quarter revenue forecast represents a 3.32% increase compared to the company's last Quarter revenue of $1.35B (Dec 23).
Hubbell EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $225.60M | $276.30M | $287.80M | $280.30M | $209.40M | $241.10M | - | $181.20M | $136.50M | $191.00M | $168.20M | $157.90M | $155.00M | $191.90M | $166.50M | $153.20M | $187.30M | $220.50M |
| Avg Forecast | $266.50M | $280.22M | $272.60M | $254.48M | $255.89M | $265.00M | $260.28M | $245.06M | $243.41M | $251.54M | $251.18M | $266.21M | $223.53M | $236.11M | $232.65M | $242.00M | $209.68M | $214.69M | $203.47M | $220.00M | $137.16M | $195.17M | $151.77M | $151.20M | $155.88M | $163.12M | $139.61M | $141.11M | $181.23M | $213.70M |
| High Forecast | $269.47M | $283.34M | $275.63M | $257.31M | $258.74M | $267.95M | $263.18M | $247.79M | $246.12M | $253.23M | $253.97M | $319.45M | $225.23M | $245.69M | $235.24M | $290.41M | $212.01M | $257.62M | $203.47M | $264.01M | $164.59M | $234.20M | $182.13M | $181.44M | $187.05M | $195.74M | $167.53M | $169.33M | $217.47M | $256.44M |
| Low Forecast | $262.32M | $275.82M | $268.32M | $250.49M | $251.87M | $260.84M | $256.20M | $241.22M | $239.59M | $249.85M | $247.23M | $212.96M | $220.02M | $231.12M | $229.00M | $193.60M | $206.38M | $171.75M | $203.47M | $176.00M | $109.72M | $156.14M | $121.42M | $120.96M | $124.70M | $130.49M | $111.69M | $112.88M | $144.98M | $170.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.17% | 1.24% | 1.16% | 1.00% | 1.12% | - | 0.82% | 1.00% | 0.98% | 1.11% | 1.04% | 0.99% | 1.18% | 1.19% | 1.09% | 1.03% | 1.03% |
1 analysts predict HUBB's average Quarter EBITDA for Mar 24 to be $266.21M, with a high of $319.45M and a low of $212.96M. This is 18.00% upper than Hubbell's previous annual EBITDA (Dec 23) of $225.60M.
Hubbell Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $171.00M | $200.10M | $206.80M | $181.90M | $122.90M | $139.10M | - | $103.80M | $101.00M | $108.50M | $95.80M | $77.70M | $80.90M | $107.10M | $88.20M | $75.00M | $101.90M | $130.70M |
| Avg Forecast | $243.99M | $270.50M | $262.39M | $225.06M | $233.12M | $258.66M | $255.51M | $209.54M | $215.92M | $241.62M | $229.18M | $186.22M | $193.56M | $218.46M | $201.07M | $169.29M | $129.23M | $121.96M | $130.66M | $153.90M | $101.49M | $110.87M | $86.44M | $74.40M | $81.36M | $91.03M | $73.96M | $69.08M | $98.60M | $126.67M |
| High Forecast | $247.52M | $274.41M | $266.18M | $228.31M | $236.49M | $262.41M | $259.20M | $212.57M | $219.04M | $244.86M | $232.49M | $223.46M | $196.80M | $228.17M | $203.98M | $203.15M | $131.10M | $146.35M | $130.66M | $184.68M | $121.78M | $133.04M | $103.73M | $89.28M | $97.63M | $109.24M | $88.75M | $82.89M | $118.31M | $152.00M |
| Low Forecast | $239.01M | $264.98M | $257.03M | $220.46M | $228.36M | $253.39M | $250.29M | $205.27M | $211.51M | $238.93M | $224.50M | $148.98M | $189.25M | $210.37M | $196.97M | $135.43M | $126.59M | $97.56M | $130.66M | $123.12M | $81.19M | $88.70M | $69.15M | $59.52M | $65.09M | $72.83M | $59.17M | $55.26M | $78.88M | $101.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.92% | 1.03% | 1.07% | 0.95% | 1.14% | - | 0.67% | 1.00% | 0.98% | 1.11% | 1.04% | 0.99% | 1.18% | 1.19% | 1.09% | 1.03% | 1.03% |
Hubbell's average Quarter net income forecast for Mar 24 is $186.22M, with a range of $148.98M to $223.46M. HUBB's average Quarter net income forecast represents a 8.90% increase compared to the company's last Quarter net income of $171.00M (Dec 23).
Hubbell SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $208.40M | $199.50M | $194.80M | $194.90M | - | $180.20M | $93.90M | $175.00M | $178.10M | $172.20M | $165.90M | $166.70M | $149.00M | $194.70M | $190.10M | $189.10M |
| Avg Forecast | $247.41M | $260.15M | $253.07M | $236.25M | $237.56M | $246.02M | $241.64M | $227.51M | $225.98M | $233.52M | $233.19M | $186.22M | $207.52M | $219.20M | $215.98M | $169.29M | $194.66M | $196.70M | $188.90M | $153.90M | $94.35M | $178.82M | $160.70M | $164.89M | $166.84M | $141.69M | $124.94M | $179.33M | $183.93M | $183.27M |
| High Forecast | $250.17M | $263.04M | $255.89M | $238.88M | $240.20M | $248.75M | $244.33M | $230.04M | $228.49M | $235.09M | $235.78M | $223.46M | $209.10M | $228.09M | $218.39M | $203.15M | $196.82M | $236.04M | $188.90M | $184.68M | $113.22M | $214.59M | $192.85M | $197.87M | $200.20M | $170.03M | $149.93M | $215.19M | $220.72M | $219.92M |
| Low Forecast | $243.53M | $256.06M | $249.10M | $232.54M | $233.83M | $242.15M | $237.85M | $223.94M | $222.43M | $231.95M | $229.53M | $148.98M | $204.26M | $214.57M | $212.59M | $135.43M | $191.60M | $157.36M | $188.90M | $123.12M | $75.48M | $143.06M | $128.56M | $131.92M | $133.47M | $113.36M | $99.95M | $143.46M | $147.15M | $146.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.18% | 1.00% | 0.99% | - | 1.17% | 1.00% | 0.98% | 1.11% | 1.04% | 0.99% | 1.18% | 1.19% | 1.09% | 1.03% | 1.03% |
Hubbell's average Quarter SG&A projection for Sep 23 is $219.20M, based on 8 Wall Street analysts, with a range of $214.57M to $228.09M. The forecast indicates a 5.18% rise compared to HUBB last annual SG&A of $208.40M (Jun 23).
Hubbell EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 10 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.18 | $3.72 | $3.85 | $3.39 | $2.29 | $2.58 | - | $1.92 | $1.86 | $1.99 | $1.76 | $1.43 | $1.49 | $1.97 | $1.62 | $1.38 | $1.87 | $2.40 |
| Avg Forecast | $4.51 | $5.00 | $4.85 | $4.16 | $4.31 | $4.78 | $4.72 | $3.87 | $3.99 | $4.47 | $4.24 | $3.54 | $3.58 | $4.04 | $3.72 | $2.49 | $2.39 | $2.71 | $2.42 | $1.85 | $2.08 | $2.35 | $2.17 | $1.65 | $1.77 | $2.03 | $1.60 | $1.52 | $1.85 | $2.27 |
| High Forecast | $4.58 | $5.07 | $4.92 | $4.22 | $4.37 | $4.85 | $4.79 | $3.93 | $4.05 | $4.53 | $4.30 | $3.59 | $3.64 | $4.22 | $3.77 | $2.53 | $2.42 | $2.75 | $2.42 | $1.90 | $2.14 | $2.41 | $2.22 | $1.69 | $1.81 | $2.08 | $1.65 | $1.56 | $1.90 | $2.33 |
| Low Forecast | $4.42 | $4.90 | $4.75 | $4.08 | $4.22 | $4.68 | $4.63 | $3.79 | $3.91 | $4.42 | $4.15 | $3.46 | $3.50 | $3.89 | $3.64 | $2.44 | $2.34 | $2.65 | $2.42 | $1.78 | $2.01 | $2.26 | $2.09 | $1.59 | $1.71 | $1.95 | $1.55 | $1.46 | $1.78 | $2.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 0.92% | 1.04% | 1.36% | 0.96% | 0.95% | - | 1.04% | 0.89% | 0.85% | 0.81% | 0.87% | 0.84% | 0.97% | 1.01% | 0.91% | 1.01% | 1.06% |
According to 1 Wall Street analysts, Hubbell's projected average Quarter EPS for Mar 24 is $3.54, with a low estimate of $3.46 and a high estimate of $3.59. This represents a 11.23% increase compared to HUBB previous annual EPS of $3.18 (Dec 23).
Hubbell Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATKR | Atkore | $86.36 | $138.80 | 60.72% | Buy |
| KE | Kimball Electronics | $18.12 | $23.75 | 31.07% | Buy |
| ENR | Energizer | $29.08 | $37.67 | 29.54% | Hold |
| NVT | nVent Electric | $65.83 | $82.80 | 25.78% | Buy |
| AEIS | Advanced Energy Industries | $98.63 | $121.25 | 22.93% | Buy |
| ENS | EnerSys | $99.01 | $118.00 | 19.18% | Buy |
| AYI | Acuity Brands | $258.04 | $285.00 | 10.45% | Hold |
| HUBB | Hubbell | $404.63 | $343.00 | -15.23% | Hold |
| VRT | Vertiv | $85.76 | $64.11 | -25.24% | Buy |
HUBB Forecast FAQ
Is Hubbell a good buy?
No, according to 10 Wall Street analysts, Hubbell (HUBB) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 40.00% of HUBB's total ratings.
What is HUBB's price target?
Hubbell (HUBB) average price target is $343 with a range of $220 to $441, implying a -15.23% from its last price of $404.63. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hubbell stock go up soon?
According to Wall Street analysts' prediction for HUBB stock, the company can go down by -15.23% (from the last price of $404.63 to the average price target of $343), up by 8.99% based on the highest stock price target, and down by -45.63% based on the lowest stock price target.
Can Hubbell stock reach $600?
HUBB's average twelve months analyst stock price target of $343 does not support the claim that Hubbell can reach $600 in the near future.
What is Hubbell's current price target trend?
2 Wall Street analysts forecast a $424 price target for Hubbell (HUBB) this month, up 4.79% from its last price of $404.63. Compared to the last 3 and 12 months, the average price target increased by 0.17% and decreased by -0.50%, respectively.
What are Hubbell's analysts' financial forecasts?
Hubbell's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.06B (high $6.13B, low $5.97B), average EBITDA is $1.03B (high $1.04B, low $1.01B), average net income is $956.83M (high $970.67M, low $937.31M), average SG&A $952.73M (high $963.33M, low $937.77M), and average EPS is $17.69 (high $17.94, low $17.33). HUBB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.34B (high $6.41B, low $6.24B), average EBITDA is $1.07B (high $1.09B, low $1.06B), average net income is $1B (high $1.02B, low $981.49M), average SG&A $996.88M (high $1.01B, low $981.23M), and average EPS is $18.52 (high $18.79, low $18.14).
Did the HUBB's actual financial results beat the analysts' financial forecasts?
Based on Hubbell's last annual report (Dec 2023), the company's revenue was $5.37B, beating the average analysts forecast of $5.34B by 0.63%. Apple's EBITDA was $1.04B, beating the average prediction of $934.29M by 11.15%. The company's net income was $759.8M, missing the average estimation of $782.38M by -2.89%. Apple's SG&A was $0, missing the average forecast of $811.99M by -100.00%. Lastly, the company's EPS was $14.14, beating the average prediction of $13.82 by 2.28%. In terms of the last quarterly report (Dec 2023), Hubbell's revenue was $1.35B, beating the average analysts' forecast of $1.32B by 1.94%. The company's EBITDA was $225.6M, beating the average prediction of $223.53M by 0.93%. Hubbell's net income was $171M, missing the average estimation of $193.56M by -11.66%. The company's SG&A was $0, missing the average forecast of $207.52M by -100.00%. Lastly, the company's EPS was $3.18, missing the average prediction of $3.58 by -11.12%