Algonquin Power & Utilities (NYSE:AQN) Upgraded at Wall Street Zen

Algonquin Power & Utilities (NYSE:AQNGet Free Report) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other equities research analysts also recently issued research reports about the stock. Scotiabank upgraded shares of Algonquin Power & Utilities from a “sector perform” rating to a “sector outperform” rating and set a $6.50 price objective on the stock in a research note on Tuesday, December 16th. Janney Montgomery Scott set a $7.00 price target on shares of Algonquin Power & Utilities in a research note on Monday, November 10th. Desjardins increased their target price on Algonquin Power & Utilities from $7.00 to $7.25 and gave the stock a “buy” rating in a report on Thursday, February 5th. Zacks Research upgraded Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Finally, National Bank Financial set a $7.50 price target on Algonquin Power & Utilities in a research note on Wednesday, January 7th. Two 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 company’s stock. Based on data from MarketBeat, Algonquin Power & Utilities has an average rating of “Moderate Buy” and an average target price of $6.67.

Read Our Latest Stock Analysis on AQN

Algonquin Power & Utilities Stock Down 10.8%

AQN stock opened at $6.14 on Friday. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of -153.46 and a beta of 0.75. The company has a 50-day moving average of $6.54 and a two-hundred day moving average of $6.08. 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 current ratio of 1.23 and a quick ratio of 0.98.

Algonquin Power & Utilities (NYSE:AQNGet Free Report) last issued its quarterly earnings results on Friday, March 6th. The utilities provider reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Algonquin Power & Utilities had a positive return on equity of 5.14% and a negative net margin of 1.11%.The company had revenue of $630.70 million for the quarter, compared to the consensus estimate of $625.77 million. During the same period in the previous year, the business posted $0.06 EPS. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. As a group, equities research analysts anticipate that Algonquin Power & Utilities will post 0.38 EPS for the current year.

Institutional Investors Weigh In On Algonquin Power & Utilities

Several institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its holdings 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 valued at $62,738,000 after buying an additional 4,808,539 shares during the period. Envestnet Asset Management Inc. acquired a new stake in Algonquin Power & Utilities during the 2nd quarter worth $85,000. Moors & Cabot Inc. bought a new stake in shares of Algonquin Power & Utilities during the 2nd quarter valued at $99,000. Wedbush Securities Inc. bought a new stake in shares of Algonquin Power & Utilities during the 2nd quarter valued at $58,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Algonquin Power & Utilities in the 2nd quarter valued at $7,973,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Key Headlines Impacting Algonquin Power & Utilities

Here are the key news stories impacting Algonquin Power & Utilities this week:

  • Positive Sentiment: Q4 beat — Algonquin reported $0.06 EPS (beat consensus) and revenue of $630.7M, with revenue up ~7.8% year‑over‑year; adjusted metrics showed growth and operating efficiencies. This supports near‑term earnings credibility. Q4 Results Press Release/Report
  • Positive Sentiment: FY‑2026 guidance topped consensus slightly — management set FY‑2026 EPS at $0.350–$0.370 versus consensus ~$0.34, which frames modest upside for the current year. Guidance Details
  • Positive Sentiment: Dividends declared — board approved a common dividend of US$0.0650 (payable April 15) plus preferred share dividends (two preferred issues announced in CAD). This supports income investors and signals cash‑return focus. Dividend Announcement
  • Neutral Sentiment: Earnings materials and presentation are available — the company posted the slide deck and earnings presentation (useful for detail on segment performance and assumptions). Earnings Presentation
  • Neutral Sentiment: Analyst notes and preview coverage arrived ahead of the print — expectations were modest and some shops adjusted forecasts into the quarter. Useful for tracking changes in sell‑side sentiment. Analyst Recap
  • Negative Sentiment: FY‑2027 guidance missed consensus — company set FY‑2027 EPS at $0.380–$0.420 versus street ~$0.44, which likely triggered investor disappointment about longer‑term earnings momentum. FY‑2027 Guidance
  • Negative Sentiment: Profitability and leverage signals — the quarter shows a negative net margin and the company carries meaningful leverage (debt/equity), which increases sensitivity to rate and regulatory risks. These fundamentals can weigh on valuation until longer‑term guidance restores confidence. Full Results/Notes
  • Negative Sentiment: Market reaction — the stock is trading down on heavy volume after the print, indicating the guidance miss and forward outlook dominated the modest beat. Monitor intraday volume and analyst updates for further downside or stabilization. Market Reaction

About Algonquin Power & Utilities

(Get Free Report)

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.

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