Alliant Energy Corporation (LNT)
NASDAQ: LNT · IEX Real-Time Price · USD
51.10
+0.36 (0.71%)
At close: Jul 2, 2024, 4:00 PM
52.46
+1.36 (2.66%)
After-hours: Jul 2, 2024, 6:40 PM EDT
Alliant Energy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alliant Energy stock have an average target of 52, with a low estimate of 48 and a high estimate of 56. The average target predicts an increase of 1.76% from the current stock price of 51.10.
Analyst Consensus: Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for Alliant Energy stock from 9 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $55 → $56 | Buy | Maintains | $55 → $56 | +9.59% | May 6, 2024 |
| Ladenburg Thalmann | Ladenburg Thalmann | Hold Maintains $49 → $48 | Hold | Maintains | $49 → $48 | -6.07% | Apr 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $57 → $53 | Buy | Maintains | $57 → $53 | +3.72% | Apr 22, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $51 → $53 | Hold | Maintains | $51 → $53 | +3.72% | Apr 15, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $55 → $54 | Strong Buy | Maintains | $55 → $54 | +5.68% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
4.18B
from 4.03B
Increased by 3.87%
Revenue Next Year
4.20B
from 4.18B
Increased by 0.36%
EPS This Year
3.09
from 2.78
Increased by 11.17%
EPS Next Year
3.28
from 3.09
Increased by 6.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.7B | 4.7B | 4.9B | 5.4B | 5.6B |
| Avg | 4.2B | 4.2B | 4.3B | 5.0B | 5.2B |
| Low | 3.6B | 3.5B | 3.4B | 4.7B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 12.0% | 16.4% | 25.1% | 12.3% |
| Avg | 3.9% | 0.4% | 2.5% | 16.5% | 4.3% |
| Low | -11.8% | -16.0% | -18.4% | 9.8% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.23 | 3.43 | 3.66 | 3.86 | 4.14 |
| Avg | 3.09 | 3.28 | 3.49 | 3.69 | 3.96 |
| Low | 2.98 | 3.09 | 3.32 | 3.54 | 3.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 11.1% | 11.7% | 10.7% | 12.0% |
| Avg | 11.2% | 6.1% | 6.4% | 5.8% | 7.3% |
| Low | 7.2% | -0.1% | 1.3% | 1.4% | 3.5% |
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.