Alliant Energy

LNT · NASDAQ

$68.27+$1.42 (+2.12%)TodayMarket closed · Oct 20, 7:45 PM ET

Prev close $66.85

LNT analyst rating

BuyConsensus of 10 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy5
Hold5
Underperform0
Sell0

12-month price target · 14 analysts

Average $79.05 (+15.8% upside)

Low: $66.66
Now: $68.27
High: $87.15

Upgrades and downgrades

The latest rating actions, newest first

LNT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Oct 13, 2026	Maintains	Equal-Weight	$73.00 → $68.00	51%
BMO Capital	Aug 3, 2026	Maintains	Outperform	$80.00 → $78.00	88%
Mizuho	Aug 3, 2026	Maintains	Neutral	$76.00 → $75.00	57%
BMO Capital	Jul 22, 2026	Maintains	Outperform	$83.00 → $80.00	59%
BMO Capital	Jul 15, 2026	Maintains	Outperform	$81.00 → $83.00	59%
TD Cowen	Jul 8, 2026	Initiates	Hold	—	58%
Scotiabank	May 4, 2026	Maintains	Sector Perform	$72.00 → $74.00	60%
BMO Capital	Apr 17, 2026	Maintains	Outperform	$78.00 → $79.00	59%
Barclays	Apr 15, 2026	Maintains	Equal-Weight	$67.00 → $74.00	51%
Mizuho	Mar 16, 2026	Maintains	Neutral	$73.00 → $74.00	57%

The case for and against

Updated Nov 28, 2024

Bull case

Alliant Energy's outlook is bolstered by a stable year-over-year financial performance, with minor impacts from weather conditions indicating resilience in its operations. The company's effective tax rate of 10%, combined with strategies to leverage economic development and data center growth, positions it well for future revenue expansion through retained tax benefits and enhanced energy margins. Additionally, management's focus on accelerating coal retirements and renewable project developments is expected to drive an upward revision of EPS growth projections, further enhancing the utility's long-term financial stability and growth potential.

Bear case

Alliant Energy experienced a year-over-year earnings decline driven by a combination of negative factors, including increased depreciation and amortization expenses, higher financing costs, and adverse weather impacts, contributing to an EPS of $0.57 that fell short of consensus estimates. The company's downside scenario raises concerns about prolonged reliance on coal facilities, potential equity dilution beyond current financing strategies, and a deceleration in rate base growth amidst tightening monetary policy and macroeconomic uncertainties. These challenges, coupled with the risk of cost escalations and project delays, contribute to a negative outlook for Alliant Energy's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.