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Algonquin Power & Utilities Corp. (AQN) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$6.98
Market reference
Price Target
$7.00
+0.3% Upside
Target Range
$6.50 — $7.50
High conviction
Analyst Rating
Hold
12 analysts
Forward P/E19.2x
Trailing P/E-3.9x
Forward PEG—
Implied Growth+120.5%
Median Target$7.00
Analyst Spread14.3%

AQN trades near analyst consensus with +0.3% potential upside. Limited near-term catalysts may be priced in at current levels.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$6.98
Consensus$7.00
High$7.50
Low$6.50
Bear Case
$7
-6.9%
Consensus
$7
+0.3%
Bull Case
$8
+7.4%

Analyst Ratings Distribution

Breakdown of 12 published analyst recommendations for AQN

75% hold / mixed conviction
+4
BearishBullish
Weighted analyst sentiment score based on 12 ratings
ConsensusHold
Coverage12 Analysts
Net Score+4
Bull / Bear17% / 8%
Strong Buy00%
Buy217%
Hold975%
Sell18%
Strong Sell00%
Strong Buy
00%
Buy
217%
Hold
975%
Sell
18%
Strong Sell
00%
Recommendation Mix17% Buy · 75% Hold · 8% Sell
Buy (2)Hold (9)Sell (1)

AQN Price Target Analysis

Updated March 2, 2026

As of March 2, 2026, Algonquin Power & Utilities Corp. (AQN) has a Wall Street consensus price target of $7.00, based on estimates from 12 covering analysts. With the stock currently trading at $6.98, this represents a potential upside of +0.3%. The company has a market capitalization of $5.36B.

Analyst price targets range from a low of $6.50 to a high of $7.50, representing a 14% spread in expectations. The median target of $7.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Hold, with 2 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 1 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.

From a valuation perspective, AQN trades at a trailing P/E of -3.9x and forward P/E of 19.2x. Analysts expect EPS to grow +120.5% over the next year.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Utilities stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+0.5%
Avg Forward P/E19.2x
Peers with Coverage4 / 6
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
AQNAlgonquin Power & Utilities Corp.
$5.4B$6.98$7.00+0.3%Hold19.2x12
AXIAAXIA Energia S.A.$23.9B$12.08——Buy1.3x5
BEPBrookfield Renewable Partners L.P.$9.7B$31.78$34.63+9.0%Buy—20
BEPCBrookfield Renewable Corporation$6.2B$42.73$36.00-15.8%Buy—4
CWENClearway Energy, Inc.$1.6B$38.31$41.50+8.3%Buy37.0x16
ELLOEllomay Capital Ltd.$332M$24.09—————

Upside Potential Comparison

BEP
+9.0%
CWEN
+8.3%
AQN
+0.3%
BEPC
-15.8%

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Frequently Asked Questions

What is the AQN stock price target for 2026?

The consensus price target for AQN is $7, close to the current price of $6.98 (0.3% implied move). Based on 12 analyst estimates, the stock appears fairly valued near current levels.

Is AQN a buy, sell, or hold?

AQN has a consensus rating of "Hold" based on 12 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $7 implies 0.3% upside from current levels.

Is AQN stock overvalued or undervalued?

With a forward P/E of 19.1969x, AQN trades at a relatively low valuation. The consensus target of $7 implies 0.3% appreciation, suggesting the market may be pricing in risks.

How high can AQN stock go?

The most bullish Wall Street analyst has a price target of $7.5 for AQN, while the most conservative target is $6.5. The consensus of $7 represents the median expectation. These targets typically reflect 12-month expectations.

How many analysts cover AQN stock?

AQN is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 9 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the AQN stock forecast?

The 12-month AQN stock forecast based on 12 Wall Street analysts shows a consensus price target of $7, with estimates ranging from $6.5 (bear case) to $7.5 (bull case). The median consensus rating is "Hold".

What is AQN's forward P/E ratio?

AQN trades at a forward P/E ratio of 19.2x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy AQN stock?

AQN appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $7 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do AQN price targets vary so much?

AQN analyst price targets range from $6.5 to $7.5, a 14% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $7 consensus represents the middle ground.

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