Algonquin Power & Utilities (NYSE:AQN) Updates FY 2026 Earnings Guidance

Algonquin Power & Utilities (NYSE:AQN) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.350-0.370 for the period, compared to the consensus earnings per share estimate of 0.340. The company issued revenue guidance of -. Algonquin Power & Utilities also updated its FY 2027 guidance to 0.380-0.420 EPS.

Wall Street Analyst Weigh In

AQN has been the subject of several analyst reports. National Bank Financial set a $7.50 target price on Algonquin Power & Utilities in a research report on Wednesday, January 7th. Zacks Research upgraded shares of Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Janney Montgomery Scott set a $7.00 target price on shares of Algonquin Power & Utilities in a research report on Monday, November 10th. Desjardins lifted their target price on shares of Algonquin Power & Utilities from $7.00 to $7.25 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Scotiabank upgraded Algonquin Power & Utilities from a “sector perform” rating to a “sector outperform” rating and set a $6.50 price target on the stock in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.67.

Algonquin Power & Utilities Stock Down 1.0%

NYSE:AQN opened at $6.90 on Friday. The stock’s fifty day moving average price is $6.54 and its two-hundred day moving average price is $6.07. The company has a market cap of $5.30 billion, a price-to-earnings ratio of -172.46 and a beta of 0.75. Algonquin Power & Utilities has a 52-week low of $4.29 and a 52-week high of $7.11. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.98 and a current ratio of 1.23.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AQN. Susquehanna Advisors Group Inc. bought a new position in Algonquin Power & Utilities in the third quarter valued at approximately $953,000. Schonfeld Strategic Advisors LLC lifted its holdings in shares of Algonquin Power & Utilities by 74.6% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 166,370 shares of the utilities provider’s stock valued at $893,000 after purchasing an additional 71,109 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Algonquin Power & Utilities by 15.9% in the second quarter. Russell Investments Group Ltd. now owns 120,708 shares of the utilities provider’s stock valued at $691,000 after buying an additional 16,552 shares during the period. Marshall Wace LLP increased its holdings in Algonquin Power & Utilities by 465.0% during the 2nd quarter. Marshall Wace LLP now owns 106,046 shares of the utilities provider’s stock worth $608,000 after purchasing an additional 87,276 shares in the last quarter. Finally, AXA S.A. acquired a new stake in Algonquin Power & Utilities in the 2nd quarter valued at approximately $462,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Algonquin Power & Utilities Company Profile

Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.