Jefferies cuts target for Alliant Energy stock to USD 75.00

Published on 10/17/2026 at 21:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter earnings per share were USD 0.65. Alliant Energy stock stood at USD 68.32 on October 16, 2026, up 1.82 percent versus its prior close.

Target review dated October 12, 2026

Jefferies lowered the Alliant Energy target from USD 80.00 to USD 75.00 on October 12, 2026.
Second-quarter earnings per share were USD 0.65.
Alliant Energy stock was last at USD 68.32 on October 16, 2026 at 4:00 p.m. ET, up 1.82 percent versus its prior close.
Alliant Energy's market capitalization was USD 17.7 billion and its price-to-earnings ratio was 21.62.

Makro-Nahaufnahme Hochspannungsisolator Porzellan Keramik Stromnetz Detail — Alliant Energy Corp. US0188021085 Makro Hochspannungsisolator Porzellan Keramik Nahaufnahme Stromnetz technisches Detail, Illustration mit AI erstellt.

Jefferies cut its target for Alliant Energy (ISIN US0188021085) from USD 80.00 to USD 75.00 on October 12, 2026, while maintaining a Buy rating, according to Investing.com. The target stood 9.78 percent above the latest USD 68.32 price. Alliant Energy was last at USD 68.32 on October 16, 2026 at 4:00 p.m. ET, up 1.82 percent versus its prior close on Nasdaq.

Second-quarter earnings per share

Alliant Energy reported GAAP earnings per share of USD 0.65 for the second quarter of 2026, compared with USD 0.68 in the second quarter of 2025. The figure was below the USD 0.69 consensus cited by Investing.com, which also reported second-quarter revenue of USD 971.0 million against an expected USD 987.98 million.

Price position on October 16, 2026

The Nasdaq price sat USD 6.78 above the 52-week low of USD 62.54 and USD 10.49 below the 52-week high of USD 78.81. That places the stock 9.24 percent above its low and 13.31 percent below its high. Trading volume was 2,577,168 shares, 0.54 percent above the average volume of 2,563,237 shares.

Valuation and upcoming dates

Alliant Energy's market capitalization was USD 17.7 billion and its price-to-earnings ratio was 21.62 on October 16, 2026. On October 15, 2026, the company declared a quarterly cash dividend of USD 0.5350 per share payable on November 16, 2026, to shareholders of record on October 30, 2026, according to Business Wire.

The next scheduled reporting date is October 29, 2026, after the market close. A conference call is scheduled for October 30, 2026, at 9:00 a.m. CT, according to FT.com.

Comparison with peers

Alliant Energy (Nasdaq, USD): plus 1.82 percent, P/E 21.62, market capitalization USD 17.7 billion.

Duke Energy (NYSE, USD): plus 2.18 percent, P/E 18.24, market capitalization USD 94.7 billion.

Xcel Energy (Nasdaq, USD): plus 1.58 percent, P/E 20.79, market capitalization USD 47.7 billion.

What comes next for the stock?

The October 29 earnings release is the next dated event for investors, while the October 30 conference call provides the scheduled management update. Alliant Energy's latest USD 75.00 Jefferies target remains above the October 16 Nasdaq price.

Alliant Energy was last at USD 68.32 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 1.82 percent versus its prior close.