Aug. 3 at 7:03 PM
$XEL Opportunity
Overview
U.S. regulated utility's Q2 revenue beat analyst expectations
GAAP EPS for Q2 fell to
$0.65 from
$0.68 yr/yr
Company reaffirmed 2026 ongoing EPS guidance, trending in upper half of range
Outlook
Alliant Energy reaffirms 2026 ongoing EPS guidance of
$3.36-
$3.46, trending toward upper half
Company expects 60% load growth by 2031, with large customer load to materialize in 2026
2026 guidance assumes normal temperatures, stable economy, and execution of capital plans
Analysts say:
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electric utilities peer group is "buy"
Wall Street's median 12-month price target for Alliant Energy Corp is
$81.00, about 12.5% above its July 29 closing price of
$72.00
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago
