HSBC sets a USD 69.50 target for Alliant Energy stock
Published on 10/24/2026 at 21:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting 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, while diluted earnings per share were USD 0.65.
- Alliant Energy stock was EUR 62.18 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
- Third-quarter 2026 results are scheduled for October 29, 2026.
Alliant Energy Corporation (ISIN US0188021085) became the subject of new analyst coverage when HSBC began coverage with a Hold rating and a USD 69.50 price target on October 22, 2026, according to MarketBeat. The Nasdaq-listed utility stock was trading at EUR 62.18 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
HSBC adds a cautious target
HSBC's target sits 0.23 percent below Alliant Energy's Nasdaq price of USD 69.66 at 4:00 p.m. ET on October 23, 2026. The same report listed seven Buy ratings and six Hold ratings, with an average target of USD 74.68. That spread places the new HSBC view below the wider analyst average, a more cautious stance than the aggregate picture.
Second-quarter revenue reached USD 971.0 million
Alliant Energy reported USD 971.0 million of revenue and diluted earnings per share of USD 0.65 for the second quarter of 2026. Revenue increased 1.00 percent year over year, while earnings per share exceeded the USD 0.58 consensus estimate by USD 0.07, according to MarketBeat. The company set fiscal 2026 earnings guidance at USD 3.360 to USD 3.460 per share.
What comes before the next report?
Alliant Energy is scheduled to release third-quarter 2026 results on October 29, 2026. The company also set a quarterly dividend of USD 0.535 per share, payable November 16, 2026 to shareholders of record on October 30, 2026, as reported by MarketScreener. The dividend equals USD 2.14 on an annualized basis before withholding and tax treatment.
Utility valuation in peer context
Alliant Energy's market capitalization was USD 18.1 billion and its trailing P/E was 22.04 as of October 23, 2026. The 52-week range was USD 62.54 to USD 78.81, placing the Nasdaq close 11.60 percent below the high and 11.39 percent above the low.
Comparison with peers
Alliant Energy: P/E 22.04, market capitalization USD 18.1 billion.
Evergy (NYSE, USD): down 0.61 percent, P/E 21.50, market capitalization USD 19.5 billion.
NorthWestern Energy Group (NASDAQ, USD): up 0.60 percent, P/E 28.00, market capitalization USD 4.8 billion.
Price and reporting dates
HSBC's USD 69.50 target gives investors a near-term benchmark ahead of the October 29 results, while the second-quarter figures provide the latest operating baseline. Alliant Energy's regulated electric and natural gas businesses serve customers in Iowa and Wisconsin.
The further course of trading is shown by the continuously updated real-time quote of Alliant Energy stock.
Alliant Energy facts
- Company: Alliant Energy Corporation
- ISIN: US0188021085
- Ticker: LNT
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 62.18
- Market capitalization: USD 18.1 billion (as of October 23, 2026)
- 52-week range: USD 62.54-78.81 (as of October 23, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
