Algonquin Power & Utilities Corp. (AQN)
NYSE: AQN · Real-Time Price · USD
4.785
+0.045 (0.95%)
Nov 5, 2024, 1:19 PM EST - Market open
AQN Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for AQN stock have an average target of 6.11, with a low estimate of 5.50 and a high estimate of 7.50. The average target predicts an increase of 27.69% from the current stock price of 4.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AQN stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $5.75 → $5.5 | Hold | Maintains | $5.75 → $5.5 | +14.94% | Oct 22, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $6 → $5.5 | Hold | Maintains | $6 → $5.5 | +14.94% | Oct 16, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $6 | Hold | Reiterates | $6 | +25.39% | Oct 11, 2024 |
| CIBC | CIBC | Hold Maintains $6 → $5.75 | Hold | Maintains | $6 → $5.75 | +20.17% | Oct 8, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates $6 | Hold | Initiates | $6 | +25.39% | Sep 5, 2024 |
Financial Forecast
Revenue This Year
2.69B
from 2.70B
Decreased by -0.15%
Revenue Next Year
2.45B
from 2.69B
Decreased by -8.98%
EPS This Year
0.44
from 0.03
Increased by 1,406.44%
EPS Next Year
0.30
from 0.44
Decreased by -31.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.0B | 2.7B | 2.7B | ||
| Avg | 2.7B | 2.5B | 2.6B | ||
| Low | 2.4B | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6% | -0.7% | 12.0% | ||
| Avg | -0.1% | -9.0% | 4.6% | ||
| Low | -9.7% | -14.8% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.53 | 0.35 | 0.46 |
| Avg | 0.44 | 0.30 | 0.37 |
| Low | 0.36 | 0.27 | 0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,679.7% | -22.0% | 52.5% |
| Avg | 1,406.4% | -31.8% | 22.2% |
| Low | 1,129.2% | -38.3% | 6.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.