Algonquin Power & Utilities Corp. (AQN)

AQN Stock Forecast

Stock Price Forecast

According to 7 professional analysts, the 12-month price target for AQN stock ranges from a low of $5.50 to a high of $7.00. The average analyst price target of $6.00 forecasts a 7.91% increase in the stock price over the next year.

Price Target: $6.00 (+7.91%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.50	$6.00	$6.00	$7.00
Change	-1.08%	+7.91%	+7.91%	+25.90%

Analyst Ratings

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

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	0	0	0	0
Hold	7	7	7	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ben Pham BMO Capital	BMO Capital	Buy → Hold Downgrades $5 → $6	Buy → Hold	Downgrades	$5 → $6	+7.91%	May 12, 2025
Nelson Ng RBC Capital	RBC Capital	Hold Maintains $5.5 → $6	Hold	Maintains	$5.5 → $6	+7.91%	May 12, 2025
Robert Hope Scotiabank	Scotiabank	Hold Maintains $5.5 → $6	Hold	Maintains	$5.5 → $6	+7.91%	May 12, 2025
Nelson Ng RBC Capital	RBC Capital	Hold Maintains $6 → $5.5	Hold	Maintains	$6 → $5.5	-1.08%	Feb 18, 2025
Robert Hope Scotiabank	Scotiabank	Hold Maintains $5.25 → $5.5	Hold	Maintains	$5.25 → $5.5	-1.08%	Feb 13, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.42B

Increased by 4.42%

from 2.32B

Revenue Next Year

2.51B

Increased by 3.80%

from 2.42B

EPS This Year

0.30

from -1.90

EPS Next Year

0.37

Increased by 23.93%

from 0.30

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.68B	2.27B	2.77B	2.40B	2.32B	2.42B	2.51B	2.65B
Revenue Growth	3.11%	35.61%	21.58%	-13.06%	-3.51%	4.42%	3.80%	5.21%
EPS	1.37	0.41	-0.33	0.03	-1.90	0.30	0.37	0.38
EPS Growth	31.73%	-70.07%	-	-	-	-	23.93%	3.91%
Forward PE	-	-	-	-	-	18.82	15.19	14.61
No. Analysts	-	-	-	-	-	10	10	5

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	2.7B	2.7B	2.8B
Avg	2.4B	2.5B	2.6B
Low	2.2B	2.3B	2.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	15.4%	13.4%	12.1%
Avg	4.4%	3.8%	5.2%
Low	-3.1%	-6.0%	-1.2%

EPS Forecast

EPS	2025	2026	2027	2028
High	0.38	0.46	0.42
Avg	0.30	0.37	0.38
Low	0.25	0.31	0.35

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-	56.4%	14.7%
Avg	-	23.9%	3.9%
Low	-	6.2%	-3.6%

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.