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An analyst firm has lowered the price target for Algonquin Power & Utilities Corp. to $6.50 per share.
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Algonquin Power & Utilities reported Q3 2026 earnings of $0.11 per share, beating consensus estimates of $0.10, with revenues of $642.5 million exceeding expectations by 1.98%. However, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends ahead of the earnings release. The stock has underperformed the market, declining 8.3% year-to-date versus the S&P 500's 7.4% gain.
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