Algonquin Power & Utilities Corp. (AQN)
NYSE: AQN · IEX Real-Time Price · USD
5.67
-0.15 (-2.58%)
Apr 16, 2024, 4:00 PM EDT - Market closed
AQN Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for AQN stock have an average target of 8.50, with a low estimate of 6.50 and a high estimate of 10.5. The average target predicts an increase of 49.91% from the current stock price of 5.67.
Analyst Consensus: Buy
* Price targets were last updated on Mar 11, 2024.
Analyst Ratings
The average analyst rating for AQN stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Securities | TD Securities | Hold Maintains $6 → $6.5 | Hold | Maintains | $6 → $6.5 | +14.64% | Mar 11, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $7 → $7.5 | Hold → Buy | Upgrades | $7 → $7.5 | +32.28% | Jan 8, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $8 | Hold | Reiterates | $8 | +41.09% | Oct 10, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | +41.09% | Sep 14, 2023 |
| BMO Capital | BMO Capital | Hold Maintains $9 → $8.5 | Hold | Maintains | $9 → $8.5 | +49.91% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
3.00B
from 2.70B
Increased by 11.34%
Revenue Next Year
3.00B
from 3.00B
Decreased by -0.10%
EPS This Year
0.53
from 0.03
Increased by 1,661.88%
EPS Next Year
0.55
from 0.53
Increased by 3.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.3B | 3.4B | 3.6B | 3.1B |
| Avg | 3.0B | 3.0B | 3.2B | 3.0B |
| Low | 2.7B | 2.7B | 2.8B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.0% | 14.8% | 20.8% | -2.2% |
| Avg | 11.3% | -0.1% | 6.0% | -5.9% |
| Low | 1.7% | -11.0% | -7.1% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.57 | 0.68 | 0.69 | 0.65 |
| Avg | 0.53 | 0.55 | 0.64 | 0.63 |
| Low | 0.46 | 0.39 | 0.59 | 0.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1,790.0% | 29.1% | 27.1% | 2.3% |
| Avg | 1,661.9% | 3.2% | 16.7% | -1.6% |
| Low | 1,435.3% | -25.8% | 7.8% | -4.5% |
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.