Hydro One Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Hydro One stock has a consensus rating of "Hold" and an average price target of $57.37. The average 1-year stock price forecast is 0.24% higher than the current stock price, while the lowest is $47.00 (-17.88%) and the highest is $63.00 (+10.08%).

Price Target: $57.37 (+0.24%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$47.00	$57.37	$58.00	$63.00
Change	-17.88%	+0.24%	+1.35%	+10.08%

Analyst Ratings

The average analyst rating for Hydro One stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	9	9	8	8	8	8
Sell	1	0	1	1	1	1
Strong Sell	2	3	2	2	2	2
Total	14	14	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst National Bank No rating	National Bank	Hold Maintains $61.00 → $62.00	Hold	Maintains	$61.00 → $62.00	+8.33%	Nov 13, 2026
Unknown Analyst Desjardins No rating	Desjardins	Buy Maintains $61.00 → $63.00	Buy	Maintains	$61.00 → $63.00	+10.08%	Nov 12, 2026
Benjamin Pham BMO Capital	BMO Capital	Hold Maintains $55.00 → $58.00	Hold	Maintains	$55.00 → $58.00	+1.35%	Nov 11, 2026
John Mould TD Cowen	TD Cowen	Hold Maintains $58.00 → $59.00	Hold	Maintains	$58.00 → $59.00	+3.09%	Nov 11, 2026
Maurice Choy RBC Capital	RBC Capital	Hold Reiterates $60.00	Hold	Reiterates	$60.00	+4.84%	Nov 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

9.61B

from 9.04B

6.34%

from 9.04B

Revenue Next Year

9.93B

from 9.61B

3.31%

from 9.61B

EPS This Year

2.30

from 2.23

3.11%

from 2.23

EPS Next Year

2.40

from 2.30

4.33%

from 2.30

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	7.23B	7.78B	7.84B	8.48B	9.04B	9.61B
Revenue Growth	-0.89%	7.68%	0.82%	8.16%	6.57%	6.34%
Net Income	965.00M	1.05B	1.09B	1.16B	1.34B	1.38B
EPS	-	-	-	-	2.23	2.30
EPS Growth	-	-	-	-	16.15%	3.11%
Dividend / Share	1.05	1.11	1.17	1.24	1.31	1.39
Dividend Growth	5.00%	5.25%	5.76%	6.09%	5.93%	5.94%
Free Cash Flow	-	-	-	-	-275.00M	183.80M
FFO	-	-	-	-	-	2.71B
FFO / Share	-	-	-	-	-	4.37
P/FFO	-	-	-	-	-	13.10
No. Analysts	-	-	-	-	-	5

EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	9.8B
Avg	9.6B
Low	9.4B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	8.0%
Avg	6.3%
Low	4.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	2.33
Avg	2.30
Low	2.27

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	4.5%
Avg	3.1%
Low	1.9%