Algonquin Power & Utilities Corp. (AQN)

AQN Stock Forecast

Stock Price Forecast

The 7 analysts that cover AQN stock have a consensus rating of "Buy" and an average price target of $6.57, which forecasts a 3.79% increase in the stock price over the next year. The lowest target is $6.00 and the highest is $7.25.

Price Target: $6.57 (+3.79%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$6.00	$6.57	$6.50	$7.25
Change	-5.21%	+3.79%	+2.69%	+14.53%

Analyst Ratings

The average analyst rating for AQN stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	0	1	1	1	1	1
Buy	0	0	0	0	0	1
Hold	8	6	6	6	6	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Jarvi CIBC	CIBC	Hold Maintains $6.5 → $6.25	Hold	Maintains	$6.5 → $6.25	-1.26%	Mar 10, 2026
David Quezada Raymond James	Raymond James	Hold → Buy Upgrades $6.5 → $7.25	Hold → Buy	Upgrades	$6.5 → $7.25	+14.53%	Mar 9, 2026
Michael Gaugler Janney Montgomery Scott	Janney Montgomery Scott	Hold → Strong Buy Upgrades $6 → $7	Hold → Strong Buy	Upgrades	$6 → $7	+10.58%	Nov 10, 2025
Sean Steuart TD Securities	TD Securities	Hold Maintains $6 → $6.5	Hold	Maintains	$6 → $6.5	+2.69%	Jun 4, 2025
Mark Jarvi CIBC	CIBC	Hold Maintains $5.75 → $6.25	Hold	Maintains	$5.75 → $6.25	-1.26%	Jun 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.52B

Increased by 3.34%

from 2.43B

Revenue Next Year

2.64B

Increased by 4.77%

from 2.52B

EPS This Year

0.37

Increased by 65.52%

from 0.22

EPS Next Year

0.45

Increased by 22.17%

from 0.37

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.27B	2.77B	2.40B	2.32B	2.43B	2.52B	2.64B
Revenue Growth	35.61%	21.58%	-13.06%	-3.51%	4.92%	3.34%	4.77%
EPS	0.41	-0.33	0.03	-1.90	0.22	0.37	0.45
EPS Growth	-70.07%	-	-	-	-	65.52%	22.17%
Forward PE	-	-	-	-	-	17.29	14.15
No. Analysts	-	-	-	-	-	9	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	2.7B	2.9B
Avg	2.5B	2.6B
Low	2.4B	2.5B

Revenue Growth

Revenue Growth	2026	2027
High	9.7%	13.9%
Avg	3.3%	4.8%
Low	-1.6%	-0.7%

EPS Forecast

EPS	2026	2027	2028
High	0.39	0.48
Avg	0.37	0.45
Low	0.34	0.42

EPS Growth

EPS Growth	2026	2027	2028
High	75.6%	31.9%
Avg	65.5%	22.2%
Low	55.1%	15.1%

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.