Algonquin Power & Utilities (NYSE:AQN) Downgraded to "Hold" Rating by Zacks Research

Key Points

• Zacks Research downgraded Algonquin Power & Utilities from a "strong‑buy" to a "hold"; the stock's consensus rating is currently Hold with an average price target of $6.63.
• The company beat quarterly EPS estimates ($0.06 vs. $0.05) and reported revenue of $630.7M (up 7.8% YoY), while guiding FY2026 to $0.350–0.370 and FY2027 to $0.380–0.420 per share (analysts forecast ~0.38 EPS this year).
• AQN opened at $6.17 (52‑week range $4.45–$7.11) with a market cap of about $4.74B, and recent mixed analyst moves — from a Raymond James upgrade to a Weiss Ratings sell — are creating near‑term upside catalysts and downward pressure.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities analysts also recently commented on AQN. Canadian Imperial Bank of Commerce lowered their target price on shares of Algonquin Power & Utilities from $6.50 to $6.25 and set a "neutral" rating on the stock in a research report on Tuesday. Scotiabank upgraded shares of Algonquin Power & Utilities from a "sector perform" rating to a "sector outperform" rating and set a $6.50 price objective for the company in a research note on Tuesday, December 16th. TD Cowen lowered their target price on shares of Algonquin Power & Utilities from $6.50 to $6.00 and set a "hold" rating on the stock in a research note on Monday. Janney Montgomery Scott set a $7.00 target price on shares of Algonquin Power & Utilities in a research report on Monday, November 10th. Finally, Weiss Ratings cut shares of Algonquin Power & Utilities from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $6.63.

Algonquin Power & Utilities Price Performance

AQN opened at $6.17 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 1.27. Algonquin Power & Utilities has a 1 year low of $4.45 and a 1 year high of $7.11. The stock has a fifty day moving average price of $6.53 and a 200 day moving average price of $6.08. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 26.81 and a beta of 0.75.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last announced its quarterly earnings results on Friday, March 6th. The utilities provider reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. Algonquin Power & Utilities had a return on equity of 5.47% and a net margin of 7.32%.The business had revenue of $630.70 million during the quarter, compared to analysts' expectations of $625.77 million. During the same quarter in the previous year, the business posted $0.06 EPS. The firm's quarterly revenue was up 7.8% compared to the same quarter last year. 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. Analysts forecast that Algonquin Power & Utilities will post 0.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Quarry LP acquired a new position in Algonquin Power & Utilities in the 3rd quarter valued at approximately $29,000. Group One Trading LLC grew its holdings in shares of Algonquin Power & Utilities by 63.3% during the 4th quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider's stock worth $46,000 after purchasing an additional 2,900 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of Algonquin Power & Utilities during the fourth quarter valued at approximately $47,000. Fiera Capital Corp bought a new stake in shares of Algonquin Power & Utilities during the third quarter valued at approximately $55,000. Finally, Vise Technologies Inc. acquired a new position in shares of Algonquin Power & Utilities in the third quarter valued at $56,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Key Stories Impacting Algonquin Power & Utilities

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

• Positive Sentiment: Raymond James upgraded AQN from "market perform" to "outperform" and raised its price target to $7.25 (roughly mid-teens upside). This upgrade is a clear near-term positive catalyst for the stock. Raymond James upgrades Algonquin Power & Utilities (AQN)
• Positive Sentiment: Wall Street commentary is becoming more constructive on the utility sector, and Algonquin is named among names drawing renewed analyst interest — a supportive macro/sector backdrop that can help the stock's outlook. PG&E, Algonquin Power and Avista Are Drawing New Analyst Interest in the Utility Sector
• Neutral Sentiment: Coverage pieces summarizing group developments note broader sector shifts and corporate activity; these provide context but are unlikely by themselves to move AQN sharply. Algonquin Power Utilities Corporate NYSE: AQN Group Developments Sector Impact
• Negative Sentiment: Desjardins trimmed its price target to $7.00 (from $7.25) but retained a "buy" call — a modest negative signal since it reduces upside expectations despite keeping a positive view. Analyst ratings (Desjardins PT cut)
• Negative Sentiment: National Bank Financial lowered its price target to $7.25 (from $7.50) while keeping an "outperform" rating — another slight reduction to consensus upside. Analyst ratings (National Bank Financial PT cut)
• Negative Sentiment: TD Cowen cut its price target to $6.00 and moved to a "hold" rating, which is the most bearish of the recent analyst actions and likely the primary driver behind downward pressure. TD Cowen lowers PT to $6.00

About Algonquin Power & Utilities

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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