Algonquin Power & Utilities Corp faces a decline amid upcoming financial results announcement.
Algonquin Power & Utilities Corp (AQN.TO) saw its stock price decrease by 2.15% on Monday, continuing a downward trend over the past week with a total loss of 4.54%. As the company prepares for its second quarter financial results announcement scheduled for July 31, 2026, investors are closely watching the stock's performance amid mixed market sentiments.
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Algonquin Power & Utilities Corp
AQN.TO
AQN.TO
Algonquin Power & Utilities Corp
WealthAwesomeMarket cap
$6.07B
P/E
23.9x
Div. yield
3.31%
Div. / share
$0.26
52W high
$9.48
52W low
$7.03
1W change
-1.65%
Beta
0.90
Analyst Price Targets
Based on analyst covering AQN
Wall Street analysts forecast AQN stock price to rise 24.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$9.68
+24.5% Upside
Current Price
C$7.77
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AQN's historical volatility
30-Day Vol
20.4%
Annualized
90-Day Vol
21.4%
Annualized
Trend (90d)
-25.2%
Annualized drift
90d Mean
C$7.10
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$7.54 | C$7.03 โ C$8.09 |
| 60 trading days | C$7.32 | C$6.63 โ C$8.08 |
| 90 trading days | C$7.10 | C$6.29 โ C$8.02 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should keep an eye on the upcoming financial results and evaluate the company's current valuation metrics and technical indicators before making any investment decisions.
Current Price at C$8.20, Down 2.15% Today
AQN.TO has experienced a year-to-date decline of 2.61%, reflecting broader challenges in the utilities sector.
Bull case
Analysts are optimistic about Algonquin Power & Utilities Corp, with an average target price of C$9.66. This suggests a potential upside of 17.8% from the current price levels.
Bear case
Currently, the stock is trading below both its 50-day and 200-day moving averages, indicating a bearish trend that might continue if negative sentiment persists.
Recent Price Action
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Algonquin Power & Utilities Corp closed at C$8.20 on Monday, marking a decline of 2.15% in just one day. Over the past week, the stock has dropped by 4.54%, and month-to-date, it has decreased by 1.68%. Year-to-date, the stock is down 2.61%, reflecting the challenges faced by the utilities sector.
Company News
The main factor affecting Algonquin's stock performance is the upcoming announcement of its second quarter financial results on July 31, 2026. Investors are looking for insights into the company's financial health and operational performance, which could impact stock sentiment in the near term.
Technical Picture
From a technical perspective, Algonquin is currently trading below its 50-day moving average of C$8.26 and its 200-day moving average of C$8.52. The stock has a beta of 0.90, indicating lower volatility compared to the broader market. The 52-week trading range for AQN.TO is between C$7.03 and C$9.48, with the current price at about 48% of this range. The recent trading volume of 3,133,919 shares is higher than the 20-day average volume of 2,553,020 shares, suggesting increased interest from investors.
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