ALGONQUIN POWER & UTILITIES (AQN.CA) Forecast, Price Target & Analyst Ratings

TSX:AQN • CA0158571053

8.35 CAD
-1.09 (-11.55%)
Last: Mar 6, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALGONQUIN POWER & UTILITIES (AQN.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$6.83
-18.22% Downside

Next Earnings Forecast

Earnings Estimate
Release DateN/A

ChartMill Buy Consensus

Rating
71.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$6.83
Upside
-18.22%
From current price of CA$8.35 to mean target of CA$6.83, Based on 12 analyst forecasts
Low
CA$6.49
Median
CA$6.63
High
CA$7.61

Price Target Revisions

1 Month
-2.20%
3 Months
-0.93%

Price Target Summary

12 analysts have analysed AQN.CA and the average price target is 6.83 CAD. This implies a price decrease of -18.22% is expected in the next year compared to the current price of 8.35.
The average price target has been revised downward by 0.93% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AQN Current Analyst RatingAQN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

AQN Historical Analyst RatingsAQN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
71.67%
AQN.CA was analyzed by 12 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about AQN.CA.
In the previous month the buy percentage consensus was at a similar level.
AQN.CA was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-14Desjardins GroupDowngrade Hold
2022-11-14TD ResearchDowngrade Hold
2022-11-14Scotiabank CapitalDowngrade Sector Perform
2022-11-11National Bank of Canada FinancialDowngrade
2022-10-07National Bank of Canada FinancialUpgrade Outperform
2022-10-03Scotiabank CapitalMaintains Sector Perform
2022-08-23JP Morgan & CompanyUpgrade Strong Buy
2022-08-12Scotiabank CapitalMaintains Sector Perform
2022-05-16TD ResearchDowngrade Buy
2022-05-13Scotiabank CapitalMaintains Sector Perform
2022-05-04National Bank of Canada FinancialDowngrade Sector Perform
2022-03-07National Bank of Canada FinancialUpgrade Outperform
2022-03-04Raymond James CapitalMaintains Outperform
2022-03-04Scotiabank CapitalMaintains Sector Perform
2022-01-04RBC CapitalInitiate Outperform
2021-12-16Raymond James FinancialInitiate Outperform
2021-12-15Scotiabank CapitalMaintains Sector Perform
2021-12-15ScotiaBankFinancialMaintains Sector Perform
2021-12-15NationalBankFinancialUpgrade Outperform
2021-12-15TDNewcrestDowngrade Buy
2021-12-15JP MorganUpgrade Strong Buy
2021-12-08MorningstarUpgrade Buy
2021-11-11RaymondJamesFinancialUpgrade Outperform
2021-11-10ScotiaBankFinancialDowngrade Sector Perform
2021-11-10RBCRoyalBankInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateN/A

Next Earnings Revisions

Revenue (1 Month)
-2.06%
Revenue (3 Months)
-2.06%
EPS (1 Month)
-8.36%
EPS (3 Months)
-16.95%

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
AQN.CA revenue by date.AQN.CA revenue by date.
2.765B
20.99%
2.404B
-13.06%
2.32B
-3.51%
2.422B
4.42%
2.515B
3.84%
2.635B
4.77%
2.941B
11.61%
N/AN/A
EBITDA
YoY % growth
AQN.CA ebitda by date.AQN.CA ebitda by date.
966.938M
21.24%
949.423M
-1.81%
926.251M
-2.44%
993.91M
7.30%
1.092B
9.87%
1.201B
9.98%
N/AN/AN/A
EBIT
YoY % growth
AQN.CA ebit by date.AQN.CA ebit by date.
511.418M
29.62%
482.427M
-5.67%
449.572M
-6.81%
502.48M
11.77%
587.01M
16.82%
674.41M
14.89%
713.06M
5.73%
757.5M
6.23%
865.57M
14.27%
Operating Margin
AQN.CA operating margin by date.AQN.CA operating margin by date.
18.50%20.07%19.38%20.75%23.34%25.59%24.25%N/AN/A
EPS
YoY % growth
AQN.CA eps by date.AQN.CA eps by date.
0.70
-1.41%
0.52
-25.71%
0.37
-28.85%
0.32
-12.26%
0.37
12.89%
0.45
21.72%
0.43
-2.64%
N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AQN.CA Yearly Revenue VS EstimatesAQN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B 2.5B
AQN.CA Yearly EPS VS EstimatesAQN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.2 0.4 0.6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
6.43%
EPS Next 5 Year
4.09%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
-0.62%
Revenue Next 5 Year
2.30%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
20.80%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ALGONQUIN POWER & UTILITIES / AQN.CA Forecast FAQ

What is the price target for AQN stock?

12 analysts have analysed AQN.CA and the average price target is 6.83 CAD. This implies a price decrease of -18.22% is expected in the next year compared to the current price of 8.35.


What is the expected long term growth rate for ALGONQUIN POWER & UTILITIES (AQN.CA)?

The expected long term growth rate for ALGONQUIN POWER & UTILITIES (AQN.CA) is -0.62%.