Algonquin Power & Utilities Corp. (AQN)

AQN Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for AQN stock have an average target of 5.83, with a low estimate of 5.50 and a high estimate of 7.00. The average target predicts an increase of 12.77% from the current stock price of 5.17.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.50	$5.83	$5.50	$7.00
Change	+6.38%	+12.77%	+6.38%	+35.40%

* Price targets were last updated on Feb 18, 2025.

Analyst Ratings

The average analyst rating for AQN stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	0	0
Hold	6	6	7	7	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	8	8	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nelson Ng RBC Capital	RBC Capital	Hold Maintains $6 → $5.5	Hold	Maintains	$6 → $5.5	+6.38%	Feb 18, 2025
Robert Hope Scotiabank	Scotiabank	Hold Maintains $5.25 → $5.5	Hold	Maintains	$5.25 → $5.5	+6.38%	Feb 13, 2025
Richard Sunderland JP Morgan	JP Morgan	Hold Initiates $7	Hold	Initiates	$7	+35.40%	Dec 12, 2024
Robert Hope Scotiabank	Scotiabank	Hold Maintains $5.75 → $5.25	Hold	Maintains	$5.75 → $5.25	+1.55%	Nov 8, 2024
Mark Jarvi CIBC	CIBC	Hold Maintains $5.75 → $5.5	Hold	Maintains	$5.75 → $5.5	+6.38%	Oct 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.54B

Increased by 9.59%

from 2.32B

Revenue Next Year

2.64B

Increased by 3.86%

from 2.54B

EPS This Year

0.31

from -1.90

EPS Next Year

0.37

Increased by 18.50%

from 0.31

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	2.54B	2.64B	2.71B
Revenue Growth	3.11%	35.61%	21.58%	-13.06%	-3.51%	9.59%	3.86%	2.69%
EPS	1.37	0.41	-0.33	0.03	-1.90	0.31	0.37	0.37
EPS Growth	31.73%	-70.07%	-	-	-	-	18.50%	2.37%
Forward PE	-	-	-	-	-	16.78	14.16	13.83
No. Analysts	-	-	-	-	-	10	9	2

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	3.0B	3.2B	2.8B
Avg	2.5B	2.6B	2.7B
Low	2.3B	2.3B	2.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	31.3%	25.2%	6.7%
Avg	9.6%	3.9%	2.7%
Low	-0.3%	-7.6%	-0.4%

EPS Forecast

EPS	2025	2026	2027	2028
High	0.39	0.45	0.39
Avg	0.31	0.37	0.37
Low	0.27	0.32	0.36

EPS Growth

EPS Growth	2025	2026	2027	2028
High	-	46.6%	6.4%
Avg	-	18.5%	2.4%
Low	-	5.0%	-0.7%

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.