BMO keeps USD 6.50 target for Algonquin Power stock

Published on 10/17/2026 at 18:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due November 6, 2026 with USD 0.09 consensus. Algonquin Power stock costs CAD 7.42 on October 16, 2026, up 0.54 percent on TSX.

Analyst target and valuation

On October 16, 2026, BMO Capital reiterated a Hold rating and a USD 6.50 target for Algonquin Power.
Algonquin Power's third-quarter results are scheduled for November 6, 2026, with consensus earnings per share of USD 0.09.
Algonquin Power stock cost CAD 7.42 on October 16, 2026 at 4:00 p.m. ET, up 0.54 percent on the Toronto Stock Exchange.
Algonquin Power had a P/E ratio of 28.89 and a market capitalization of USD 4.0 billion.

AQN, CA0158571053, Illustration mit AI erstellt.

Algonquin Power & Utilities (CA0158571053) is covered by a fresh BMO Capital view: on October 16, 2026, Benjamin Pham reiterated a Hold rating and a USD 6.50 price target, according to Markets Insider. Against the NYSE quote of USD 5.25, that target stands 23.81 percent above the price. Algonquin Power last traded at CAD 7.42 on the Toronto Stock Exchange on October 16, 2026 at 4:00 p.m. ET, up 0.54 percent on the day.

November 6 results date

The next scheduled company test is the third-quarter earnings announcement on November 6, 2026. Yahoo Finance lists consensus earnings per share of USD 0.09 for that report. That date gives the market a defined checkpoint after the latest analyst assessment.

Price position on October 16

The NYSE quote stood at USD 5.25 at 4:00 p.m. ET on October 16, 2026. It was USD 0.34, or 6.92 percent, above the 52-week low of USD 4.91 and 26.16 percent below the 52-week high of USD 7.11. Trading volume was 3,841,217 shares against an average of 4,107,567 shares.

Valuation and November 6

Algonquin Power had a market capitalization of USD 4.0 billion, a P/E ratio of 28.89 and a dividend yield of 5.00 percent as of October 16, 2026. The valuation sits alongside a mixed earnings calendar: the next report carries a consensus earnings-per-share figure, while the current analyst target remains above the NYSE price.

Comparison with peers

Algonquin Power: plus 0.54 percent, P/E 28.89, market capitalization USD 4.0 billion
AES (NYSE, USD): minus 0.13 percent, P/E 5.68, market capitalization USD 10.7 billion
Brookfield Renewable (NYSE, USD): minus 0.90 percent, P/E minus 1.10, market capitalization USD 4.3 billion

Two dated markers frame the stock

BMO Capital's October 16 target and the November 6 results date are the clearest near-term markers for Algonquin Power. The Toronto quotation finished the latest completed session with a modest daily gain, while the NYSE price remained below its yearly high.