Alliant Energy Corporation (LNT)
NASDAQ: LNT · IEX Real-Time Price · USD
50.18
+0.40 (0.81%)
Mar 28, 2024, 2:07 PM EDT - Market open

Alliant Energy Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Alliant Energy stock have an average target of 54.39, with a low estimate of 49 and a high estimate of 61. The average target predicts an increase of 8.40% from the current stock price of 50.18.

Analyst Consensus: Buy
Target Low Average Median High
Price $49 $54.39 $53 $61
Change -2.34% +8.40% +5.63% +21.57%
* Price targets were last updated on Jan 11, 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 444333
Hold 444555
Sell 000000
Strong Sell 000000
Total 999999

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Downgrades
$55
Hold Downgrades $55 +9.62% Jan 11, 2024
Barclays
Barclays
Hold
Downgrades
$50$53
Hold Downgrades $50$53 +5.63% Jan 2, 2024
Scotiabank
Scotiabank
Buy
Upgrades
$60$59
Buy Upgrades $60$59 +17.59% Oct 16, 2023
Barclays
Barclays
Buy
Maintains
$55$51
Buy Maintains $55$51 +1.64% Oct 11, 2023
Barclays
Barclays
Buy
Initiates
$55
Buy Initiates $55 +9.62% Sep 18, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.60B
from 4.03B
Increased by 14.20%
Revenue Next Year
4.49B
from 4.60B
Decreased by -2.44%
EPS This Year
3.09
from 2.78
Increased by 11.28%
EPS Next Year
3.32
from 3.09
Increased by 7.36%
Year 201920202021202220232024202520262027
Revenue
3.65B3.42B3.67B4.21B4.03B4.60B4.49B4.60B5.27B
Revenue Growth
3.23%-6.36%7.41%14.61%-4.23%14.20%-2.44%2.45%14.53%
EPS
2.332.472.632.732.783.093.323.513.72
EPS Growth
6.39%6.01%6.48%3.80%1.83%11.28%7.36%5.77%6.00%
No. Analysts -----1413104
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 5.7B 5.0B 5.2B 5.5B
Avg 4.6B 4.5B 4.6B 5.3B
Low 3.6B 3.6B 3.5B 5.0B

Revenue Growth

Revenue Growth 2024202520262027
High
40.9%
9.2%
15.3%
20.7%
Avg
14.2%
-2.4%
2.5%
14.5%
Low
-10.2%
-22.0%
-21.9%
8.6%

EPS Forecast

EPS 2024202520262027
High 3.23 3.56 3.68 3.90
Avg 3.09 3.32 3.51 3.72
Low 2.96 3.19 3.39 3.60

EPS Growth

EPS Growth 2024202520262027
High
16.3%
15.1%
10.7%
10.9%
Avg
11.3%
7.4%
5.8%
6.0%
Low
6.5%
3.3%
2.1%
2.4%
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.