Upside case
Bull case
$740+41.4%
HUBB would need investors to value it at roughly 37x earnings — about 11x more generous than today's 26x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewHoldUpdated Jun 18, 2026
Hubbell Incorporated (HUBB) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Hold
Covering
17
analysts
7 bullish · 1 bearish · 17 covering HUBB
Strong Buy
0
Buy
7
Hold
9
Sell
1
Strong Sell
0
Consensus Target
$551
+5.3% vs today
Scenario Range
$354 – $740
Model bear to bull value window
Coverage
17
Published analyst ratings
Valuation Context
26.5x
Forward P/E · Market cap $27.8B
HUBB price targets
Three scenarios for where HUBB stock could go
Current
~$524
Confidence
52 / 100
Updated
Jun 18, 2026
Where we are now
Current · $524
Bear
$354
Base
$562
Bull
$740
Market caseClosest to today
Base case
$562+7.3%
This is close to how the market is already pricing HUBB — at roughly 28x forward earnings. No dramatic re-rating needed, just steady execution on the core business.
Stress case
Bear case
$354-32.4%
If investor confidence fades or macro conditions deteriorate, a 9x multiple contraction could push HUBB down roughly 32% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Hubbell Incorporated
HUBB · NYSEIndustrialsElectrical Equipment & PartsDecember year-end
Hubbell Incorporated is a manufacturer of electrical and utility products for industrial, commercial, and institutional applications. It generates revenue through two main segments—Electrical Solutions (roughly 60% of sales) and Utility Solutions (roughly 40%)—selling through distributors to contractors, utilities, and industrial customers. The company's competitive advantage lies in its broad product portfolio, established distribution networks, and technical expertise in specialized electrical applications.
Market Cap
$27.8B
Revenue TTM
$6.0B
Net Income TTM
$906M
Net Margin
15.1%
HUBB Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
83%Exceptional
12 quarters tracked
Revenue Beat Rate
33%Exceptional
vs consensus estimates
Avg EPS Surprise
+2.6%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$4.93/$4.36
Revenue
$1.5B/$1.6B
Q4 2025
EPS
$5.17/$4.98
Revenue
$1.5B/$1.5B
Q1 2026
EPS
$4.73/$4.71
Revenue
$1.5B/$1.5B
Q2 2026
EPS
$3.93/$3.87
Revenue
$1.5B/$1.5B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $4.93/$4.36 | +13.1% | $1.5B/$1.6B | -4.3% |
| Q4 2025 | $5.17/$4.98 | +3.8% | $1.5B/$1.5B | -2.1% |
| Q1 2026 | $4.73/$4.71 | +0.4% | $1.5B/$1.5B | +0.3% |
| Q2 2026 | $3.93/$3.87 | +1.6% | $1.5B/$1.5B | +1.0% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$6.4B
+6.1% YoY
FY2
$6.8B
+7.4% YoY
EPS Outlook
FY1
$18.17
+6.9% YoY
FY2
$19.49
+7.3% YoY
Trailing FCF (TTM)$909M
FCF Margin: 15.2%
Next Earnings
July 28, 2026
Expected EPS
$5.31
Expected Revenue
$1.6B
HUBB beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
HUBB Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $5.8B
Product Mix
Latest annual revenue by segment or product family
Utility Solutions Segment
62.8%
+2.0% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Non-US
100.0%
-7.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
Utility Solutions Segment is the largest disclosed segment at 62.8% of FY 2025 revenue, up 2.0% YoY.
Non-US is the largest reported region at 100.0%, down 7.7% YoY.
HUBB Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $758 — implies +44.8% from today's price.
Upside to Fair Value
44.8%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
HUBB
31.7x
vs
S&P 500
24.4x
+30% premium
vs Industrials Trailing P/E
HUBB
31.7x
vs
Industrials
25.6x
+24% premium
vs HUBB 5Y Avg P/E
Today
31.7x
vs
5Y Average
26.6x
+19% premium
Forward PE
26.5x
S&P 500
18.8x
+41%
Industrials
21.2x
+25%
5Y Avg
—
—
Trailing PE
31.7x
S&P 500
24.4x
+30%
Industrials
25.6x
+24%
5Y Avg
26.6x
+19%
PEG Ratio
1.52x
S&P 500
1.66x
-8%
Industrials
1.65x
-8%
5Y Avg
—
—
EV/EBITDA
22.0x
S&P 500
15.2x
+45%
Industrials
13.9x
+58%
5Y Avg
17.7x
+24%
Price/FCF
31.8x
S&P 500
20.7x
+54%
Industrials
20.0x
+59%
5Y Avg
26.6x
+20%
Price/Sales
4.8x
S&P 500
3.1x
+54%
Industrials
1.6x
+205%
5Y Avg
3.3x
+43%
Dividend Yield
1.02%
S&P 500
1.91%
-47%
Industrials
1.21%
-16%
5Y Avg
1.50%
-32%
| Metric | HUBB | S&P 500 | Industrials | 5Y Avg HUBB |
|---|---|---|---|---|
| Forward PE | 26.5x | 18.8x+41% | 21.2x+25% | — |
| Trailing PE | 31.7x | 24.4x+30% | 25.6x+24% | 26.6x+19% |
| PEG Ratio | 1.52x | 1.66x | 1.65x | — |
| EV/EBITDA | 22.0x | 15.2x+45% | 13.9x+58% | 17.7x+24% |
| Price/FCF | 31.8x | 20.7x+54% | 20.0x+59% | 26.6x+20% |
| Price/Sales | 4.8x | 3.1x+54% | 1.6x+205% | 3.3x+43% |
| Dividend Yield | 1.02% | 1.91% | 1.21% | 1.50% |
HUBB trades above S&P 500 benchmarks on 5 of 6 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolHUBB Financial Health
Verdict
Exceptional
HUBB generates $909M in free cash flow at a 15.2% margin — 17.1% ROIC signals a durable competitive advantage · returns 1.8% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$6.0B
Revenue Growth
TTM vs prior year
+7.2%
Gross Margin
Gross profit as a share of revenue
35.5%
Operating Margin
Operating income divided by revenue
20.8%
Net Margin
Net income divided by revenue
15.1%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$16.99
Free Cash Flow (TTM)
Cash generation after capex
$909M
FCF Margin
FCF as share of revenue — the primary cash quality signal
15.2%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
17.1%
ROA
Return on assets, trailing twelve months
11.6%
Cash & Equivalents
Liquid assets on the balance sheet
$483M
Net Debt
Total debt minus cash
$2.1B
Debt Serviceability
Net debt as a multiple of annual free cash flow
2.3× FCF
~2.3 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
24.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
1.8%
Dividend
1.0%
Buyback
0.8%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$225M
Dividend / Share
Annualized trailing dividend per share
$5.35
Payout Ratio
Share of earnings distributed as dividends
32.3%
Shares Outstanding
Declining as buybacks retire shares
53M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageHUBB Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Valuation de-rating
The stock's elevated P/E of 26.65x and recent 16% monthly plunge reflect near-term risks of growth deceleration and technical breakdown.
Medium
Utility capex slowdown
Prolonged state-level utility rate case rejections could delay capital deployments, potentially reducing grid segment revenue growth from 8% to 3%.
Lower
Moderate upside potential
Analysts see only 11.7% upside with a consensus price target of $561.33, suggesting limited near-term appreciation.
Medium
Revenue sensitivity risk
Sensitivity analysis highlights potential valuation shifts from downturns in revenue growth or margins, adding uncertainty.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why HUBB Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Grid modernization leadership
Hubbell Incorporated plays a leading role in U.S. grid modernization, driving growth and stock appreciation.
Electrical products dominance
The company's strong position in electrical products is a key driver of its bullish investment thesis.
Stock price appreciation
HUBB's stock has shown positive performance, appreciating by 3.98% since the bullish coverage in December 2024.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
HUBB Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$523.69
52W Range Position
77%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$385.91
+35.7% from the low
52-Week High
$565.50
-7.4% from the high
1 Month
+11.22%
3 Month
+9.68%
YTD
+13.1%
1 Year
+31.3%
3Y CAGR
+17.7%
5Y CAGR
+24.5%
10Y CAGR
+17.8%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
HUBB vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
26.5x
vs 38.6x median
-31% below peer median
Revenue Growth
+6.1%
vs +11.3% median
-46% below peer median
Net Margin
15.1%
vs 12.4% median
+22% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
HUB HUBB Hubbell Incorporated | $27.8B | 26.5x | +6.1% | 15.1% | Hold | +5.3% |
ETN ETN Eaton Corporation plc | $163.8B | 31.6x | +10.7% | 14.0% | Buy | -1.2% |
ROK ROK Rockwell Automation, Inc. | $53.2B | 36.6x | +1.5% | 12.4% | Hold | +0.3% |
NVT NVT nVent Electric plc | $28.6B | 38.6x | +13.0% | 11.4% | Buy | +6.3% |
LEG LEGN Legend Biotech Corporation | $5.2B | 306.3x | +20.5% | -22.0% | Buy | +107.7% |
POW POWL Powell Industries, Inc. | $10.8B | 54.4x | +11.3% | 16.5% | Hold | -20.0% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
HUBB Dividend and Capital Return
HUBB returns 1.8% total yield, led by a 1.02% dividend, raised 18 consecutive years. Buybacks add another 0.8%.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
1.8%
Dividend + buyback return per year
Buyback Yield
0.8%
Dividend Yield
1.02%
Payout Ratio
32.3%
How HUBB Splits Its Return
Div 1.02%
Buyback 0.8%
Dividend 1.02%Buybacks 0.8%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$5.35
Growth Streak
Consecutive years of dividend increases
18Y
3Y Div CAGR
8.0%
5Y Div CAGR
7.7%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$225M
Estimated Shares Retired
429.6K
Approx. Share Reduction
0.8%
Shares Outstanding
Current diluted share count from the screening snapshot
53M
At 0.8%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $2.84 | — | — | — |
| 2025 | $5.38 | +8.0% | 0.9% | 2.2% |
| 2024 | $4.98 | +8.7% | 0.2% | 1.4% |
| 2023 | $4.58 | +7.3% | 0.2% | 1.6% |
| 2022 | $4.27 | +7.0% | 1.4% | 3.2% |
FAQ
7 questionsHUBB Investor Questions
Common questions answered from live analyst data and company financials.
01Is Hubbell Incorporated (HUBB) stock a buy or sell in 2026?
Hubbell Incorporated (HUBB) is rated Hold by Wall Street analysts as of 2026. Of 17 analysts covering the stock, 7 rate it Buy or Strong Buy, 9 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $551, implying +5.3% from the current price of $524. The bear case scenario is $354 and the bull case is $740.
02What is the HUBB stock price target for 2026?
The Wall Street consensus price target for HUBB is $551 based on 17 analyst estimates. The high-end target is $600 (+14.6% from today), and the low-end target is $503 (-4.0%). The base case model target is $562.
03Is Hubbell Incorporated (HUBB) stock overvalued in 2026?
HUBB trades at 26.5x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Hubbell Incorporated (HUBB) stock in 2026?
The primary risks for HUBB in 2026 are: (1) Valuation de-rating — The stock's elevated P/E of 26. (2) Utility capex slowdown — Prolonged state-level utility rate case rejections could delay capital deployments, potentially reducing grid segment revenue growth from 8% to 3%. (3) Revenue sensitivity risk — Sensitivity analysis highlights potential valuation shifts from downturns in revenue growth or margins, adding uncertainty. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Hubbell Incorporated's revenue and earnings forecast?
Analyst consensus estimates HUBB will report consensus revenue of $6.4B (+6.1% year-over-year) and EPS of $18.17 (+6.9% year-over-year) for the upcoming fiscal year. The following year, analysts project $6.8B in revenue.
06When does Hubbell Incorporated (HUBB) report its next earnings?
Hubbell Incorporated is expected to report its next earnings on approximately 2026-07-28. Consensus expects EPS of $5.31 and revenue of $1.6B. Over recent quarters, HUBB has beaten EPS estimates 83% of the time.
07How much free cash flow does Hubbell Incorporated generate?
Hubbell Incorporated (HUBB) generated $909M in free cash flow over the trailing twelve months — a free cash flow margin of 15.2%. HUBB returns capital to shareholders through dividends (1.0% yield) and share repurchases ($225M TTM).