American Water Works stock gains after UBS lifts target

Published on 09/11/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

American Water Works stock trades near USD 140.57 after UBS lifted its target to USD 162 on September 10, 2026. Second-quarter 2026 adjusted EPS was USD 1.61 on revenue of USD 1.36 billion.

Luftaufnahme einer modernen Wasseraufbereitungsanlage bei Sonnenuntergang — American Water Works betreibt große Kläranlagen zur Trinkwasserversorgung in den USA mit ISIN US0304201033, Illustration mit AI erstellt.

American Water Works stock (ISIN US0304201033) closed at USD 140.57 on September 10, 2026, up 0.4 percent from the prior session and still below a cited 52-week high of USD 145.64. UBS lifted its price target to USD 162 from USD 156, and Investing.com said on September 10, 2026 that the move reflected valuation support and the rate backdrop.

Rate approval adds revenue

For the operating picture, Zacks reported on September 10, 2026 that New Jersey American Water had received authorization for USD 216 million in additional annualized revenues since January 1, including USD 111 million from general rate cases and USD 105 million from infrastructure surcharges. The same report said the New Jersey Board of Public Utilities approved new rates effective September 15, 2026.

The Globe and Mail also reported on September 10, 2026 that the New Jersey approval authorizes a USD 68 million annualized increase in water and wastewater revenues effective September 15, 2026, based on a USD 6.06 billion rate base. That is the concrete catalyst investors are pricing against the stock's close near its 52-week peak.

Second quarter still matters

UBS' note came against American Water Works' second-quarter 2026 results, which Investing.com summarized as adjusted earnings of USD 1.61 per share on revenue of USD 1.36 billion. The same report said those figures topped estimates of USD 1.56 per share and USD 1.33 billion, while full-year adjusted EPS guidance stayed at USD 6.02 to USD 6.12.

For investors, the key number is the spread between the current quote and UBS' new target: USD 140.57 against USD 162. The shares are still close enough to the recent high that the September 15, 2026 rate increase may matter as much as the next earnings print.

Stock closes near peak

American Water Works stock closed at USD 140.57 on the New York Stock Exchange on September 10, 2026, with the move leaving it just under the cited USD 145.64 52-week high.