Alliant Energy stock: HSBC starts coverage with a USD 69.50 target

Published on 10/22/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 971.0 million, up 1.00 percent year over year. Alliant Energy stock costs EUR 62.43 on October 22, 2026.

Analyst target and earnings date

HSBC began coverage with a USD 69.50 target and a Hold rating on October 22, 2026.
Second-quarter 2026 revenue reached USD 971.0 million, up 1.00 percent year over year.
Alliant Energy stock costs EUR 62.43 at Lang & Schwarz on October 22, 2026 at 10:26 p.m. CEST.
Third-quarter 2026 results are scheduled for October 29, 2026.

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Alliant Energy (ISIN US0188021085) received a new analyst view on October 22, 2026, when MarketBeat reported that HSBC began coverage with a Hold rating and a USD 69.50 price target. The target is 1.14 percent below the USD 70.30 Nasdaq quote from October 22, 2026 at 4:00 p.m. ET. Alliant Energy stock was trading at EUR 62.43 at Lang & Schwarz on October 22, 2026 at 10:26 p.m. CEST.

Quarterly revenue reached USD 971.0 million

Alliant Energy reported USD 971.0 million in second-quarter 2026 revenue and USD 0.65 in diluted earnings per share for the period ended June 30, 2026. Revenue increased 1.00 percent from the same quarter a year earlier, while net income attributable to common shareholders was USD 170.0 million.

Investing.com reported on October 14, 2026 that BMO Capital had lowered its target to USD 75.00 from USD 78.00. The same report said the second-quarter earnings figure was below a USD 0.69 consensus estimate, while revenue was below a USD 987.98 million consensus estimate.

Stock position and valuation

Alliant Energy's Nasdaq quote was USD 70.30 on October 22, 2026 at 4:00 p.m. ET, compared with a 52-week range of USD 62.54 to USD 78.81. Its market capitalization was USD 18.2 billion, and the price-to-earnings ratio was 22.25 on that date. The stock's current level is 10.80 percent below its 52-week high, calculated from the USD 70.30 quote and the USD 78.81 high.

October 29 results date

BMO's October 14 report identified October 29, 2026 as the scheduled date for Alliant Energy's third-quarter results. The date gives investors a near-term checkpoint after the second-quarter revenue increase and the recent analyst target revisions.

Comparison with peers

Alliant Energy: up 2.79 percent, P/E 22.25, market capitalization USD 18.2 billion.

Xcel Energy (Nasdaq, USD): up 2.76 percent, P/E 21.50, market capitalization USD 49.3 billion.

WEC Energy Group (NYSE, USD): up 3.36 percent, P/E 21.73, market capitalization USD 36.5 billion.

What the target says

HSBC's Hold rating and USD 69.50 target sit below the latest USD 70.30 Nasdaq quote, while the broader earnings calendar points to October 29 as the next company-specific date.

The further course of trading is shown by the continuously updated real-time quote of Alliant Energy stock.