Hydro One, CA4488112083

Barclays keeps CAD 57.00 target for Hydro One stock

Published on 10/24/2026 at 18:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

In Q2 2026, earnings per share rose 14.8 percent to CAD 0.62. Hydro One stock costs EUR 34.73 on October 24, 2026.

Analyst target and reporting date

Barclays maintained a CAD 57.00 price target and Buy rating on October 16, 2026.
Hydro One reported Q2 2026 earnings per share of CAD 0.62, up 14.8 percent year over year.
Hydro One stock costs EUR 34.73 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
Third-quarter results are scheduled for November 10, 2026, before markets open.

Hydro One, CA4488112083, Illustration mit AI erstellt.

Barclays maintained its Buy rating and a CAD 57.00 price target for Hydro One on October 16, 2026, according to Markets Insider. Against Hydro One's TSX price of CAD 54.45 on October 23, 2026, that target stood 4.69 percent above the share price. Hydro One stock was trading at EUR 34.73 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Barclays keeps a CAD 57.00 target

The Barclays view gives the stock a defined valuation reference while the broader analyst picture remains cautious. MarketBeat reported on October 17, 2026 that nine firms carried a Hold consensus, with seven Hold ratings, one Sell rating and one Buy rating. Its average 12-month target was CAD 57.27.

Q2 earnings rose 14.8 percent

Hydro One's second-quarter performance provided the operating counterweight to the mixed ratings. For the quarter ended June 30, 2026, revenue reached CAD 2.30 billion and net income was CAD 370.00 million, compared with CAD 2.07 billion and CAD 327.00 million a year earlier, according to Markets Insider. Earnings per share increased from CAD 0.54 to CAD 0.62, a 14.81 percent year-over-year gain.

November 10 results are scheduled

Hydro One plans to release third-quarter 2026 results before North American markets open on November 10, 2026, with an investment-community call at 8:00 a.m. ET, according to MarketScreener. The next report will show whether the recent earnings growth continued into the third quarter.

Hydro One's price position

Hydro One's TSX price was CAD 54.45 on October 23, 2026. The 52-week range was CAD 50.14 to CAD 60.57, placing the share 10.11 percent below its high. Trading volume was 1,690,433 shares, while market capitalization stood at CAD 32.7 billion.

Valuation and investor dates

The stock carried a price-to-earnings ratio of 23.07 on October 23, 2026. Hydro One also has a scheduled results date rather than an immediate earnings release, leaving the Barclays target and the Q2 figures as the clearest current reference points.

Hydro One's market position

Hydro One operates regulated electricity transmission and distribution networks in Ontario. Its profile includes transmission, distribution and other activities, supporting about 1.5 million customers and roughly 30,000 circuit kilometers of high-voltage transmission lines.

Hydro One stock was trading at EUR 34.73 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Hydro One stock.