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

Algonquin Power & Utilities (NYSE:AQN) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.350-0.370 for the period, compared to the consensus EPS 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

Several research analysts recently commented on the stock. Scotiabank upgraded shares of Algonquin Power & Utilities from a “sector perform” rating to a “sector outperform” rating and set a $6.50 target price on the stock in a report on Tuesday, December 16th. Janney Montgomery Scott set a $7.00 price objective on Algonquin Power & Utilities in a research note on Monday, November 10th. Weiss Ratings raised Algonquin Power & Utilities from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. Desjardins raised their target price on Algonquin Power & Utilities from $7.00 to $7.25 and gave the company a “buy” rating in a report on Thursday, February 5th. Finally, Zacks Research upgraded Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.67.

Algonquin Power & Utilities Stock Down 1.0%

NYSE AQN opened at $6.90 on Friday. Algonquin Power & Utilities has a twelve month low of $4.29 and a twelve month high of $7.11. The stock has a market cap of $5.30 billion, a PE ratio of -172.46 and a beta of 0.75. The firm has a 50-day simple moving average of $6.54 and a 200 day simple moving average of $6.07. 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

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in Algonquin Power & Utilities by 65.0% in the first quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock worth $62,738,000 after purchasing an additional 4,808,539 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Algonquin Power & Utilities during the 2nd quarter worth about $85,000. American Century Companies Inc. boosted its position in shares of Algonquin Power & Utilities by 8.4% during the 2nd quarter. American Century Companies Inc. now owns 240,683 shares of the utilities provider’s stock valued at $1,377,000 after acquiring an additional 18,752 shares in the last quarter. Russell Investments Group Ltd. increased its stake in 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 acquiring an additional 16,552 shares during the period. Finally, Marshall Wace LLP increased its stake in Algonquin Power & Utilities by 465.0% in the second quarter. Marshall Wace LLP now owns 106,046 shares of the utilities provider’s stock valued at $608,000 after acquiring an additional 87,276 shares during the period. 62.28% of the stock is currently owned by institutional investors and hedge funds.

About Algonquin Power & Utilities

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.