HTO trades 7.4% below Wall Street's consensus target of $61.80.
Last 12 months price action with 12-month analyst target path
The base valuation assumes HTO achieves its forward estimates and maintains a stable P/E multiple of 21.0x. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 24, 2026, H2O America (HTO) has a Wall Street consensus price target of $61.80, based on estimates from 5 covering analysts. With the stock currently trading at $57.54, this represents a potential upside of +7.4%. The company has a market capitalization of $2.01B.
Analyst price targets range from a low of $60.00 to a high of $64.00, representing a 6% spread in expectations. The median target of $61.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, HTO trades at a trailing P/E of 19.7x and forward P/E of 21.0x. The forward PEG ratio of 3.27 reflects a premium valuation. Analysts expect EPS to grow +0.8% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $58.14, with bear and bull scenarios of $36.63 and $76.61 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
AWRAmerican States Water Company | $3.1B | $79.03 | $89.50 | +13.2% | Hold | 21.2x | 10 |
MSEXMiddlesex Water Company | $982M | $52.86 | $55.00 | +4.0% | Buy | 21.0x | 4 |
YORWThe York Water Company | $435M | $30.21 | — | — | Hold | 18.9x | 4 |
ARTNAArtesian Resources Corporation | $337M | $32.68 | — | — | Buy | 16.3x | 4 |
CWCOConsolidated Water Co. Ltd. | $471M | $29.44 | — | — | Buy | 31.7x | 6 |
AWKAmerican Water Works Company, Inc. | $24.7B | $126.60 | $131.67 | +4.0% | Buy | 20.8x | 30 |
CWTCalifornia Water Service Group | $2.8B | $46.28 | $54.00 | +16.7% | Buy | 17.8x | 10 |
WTRGEssential Utilities, Inc. | $10.6B | $37.29 | $43.00 | +15.3% | Buy | 16.7x | 18 |
GWRSGlobal Water Resources, Inc. | $203M | $7.05 | $12.50 | +77.3% | Buy | 117.5x | 4 |
PESIPerma-Fix Environmental Services, Inc. | $206M | $11.09 | $18.00 | +62.3% | Hold | — | 1 |
Quick answers to the most common questions about buying HTO stock.
The consensus price target for HTO is $61.8, close to the current price of $57.54 (7.4% implied move). Based on 5 analyst estimates, the stock appears fairly valued near current levels.
HTO has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $61.8 implies 7.4% upside from current levels.
HTO trades at a forward P/E of 20.9541x, representing a moderate valuation. With analysts targeting $61.8 (7.4% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $64 for HTO, while the most conservative target is $60. The consensus of $61.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $77 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
HTO is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month HTO stock forecast based on 5 Wall Street analysts shows a consensus price target of $61.8, with estimates ranging from $60 (bear case) to $64 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $58, with bear/bull scenarios of $37/$77.
Our quantitative valuation model calculates HTO's fair value at $58 (base case), with a bear case of $37 and bull case of $77. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.
HTO trades at a forward P/E ratio of 21.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.7x. 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.
HTO appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $61.8 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.
HTO analyst price targets range from $60 to $64, a 6% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $61.8 consensus represents the middle ground. Our model's $37-$77 range provides an independent fundamental perspective.
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