Algonquin Power & Utilities Corp. (AQN)
NYSE: AQN · IEX Real-Time Price · USD
5.91
+0.04 (0.68%)
At close: Jul 2, 2024, 4:00 PM
5.90
-0.01 (-0.17%)
After-hours: Jul 2, 2024, 7:40 PM EDT
AQN Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for AQN stock have an average target of 7.63, with a low estimate of 6.50 and a high estimate of 8.50. The average target predicts an increase of 29.10% from the current stock price of 5.91.
Analyst Consensus: Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for AQN stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 3 | 3 | 4 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $8 → $8.5 | Buy | Maintains | $8 → $8.5 | +43.82% | May 13, 2024 |
| TD Securities | TD Securities | Hold Maintains $6 → $6.5 | Hold | Maintains | $6 → $6.5 | +9.98% | Mar 11, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $7 → $7.5 | Hold → Buy | Upgrades | $7 → $7.5 | +26.90% | Jan 8, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $8 | Hold | Reiterates | $8 | +35.36% | Oct 10, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +35.36% | Sep 14, 2023 |
Financial Forecast
Revenue This Year
2.92B
from 2.70B
Increased by 8.26%
Revenue Next Year
2.97B
from 2.92B
Increased by 1.75%
EPS This Year
0.48
from 0.03
Increased by 1,507.58%
EPS Next Year
0.50
from 0.48
Increased by 4.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 3.5B | 3.6B | 3.1B | 3.2B |
| Avg | 2.9B | 3.0B | 3.2B | 3.0B | 3.1B |
| Low | 2.6B | 2.6B | 2.7B | 2.9B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.6% | 18.4% | 22.2% | -2.9% | 8.0% |
| Avg | 8.3% | 1.7% | 6.4% | -6.6% | 3.9% |
| Low | -1.8% | -9.9% | -7.5% | -9.4% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.55 | 0.62 | 0.64 |
| Avg | 0.48 | 0.50 | 0.56 |
| Low | 0.39 | 0.41 | 0.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1,720.0% | 28.5% | 27.1% |
| Avg | 1,507.6% | 4.5% | 11.6% |
| Low | 1,206.7% | -14.7% | -2.7% |
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.