Morgan Stanley raises target for Hubbell stock to USD 600.00

Published on 10/17/2026 at 19:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

In the second quarter of 2026, revenue rose 15.30 percent to USD 1.71 billion. Hubbell stock was last at EUR 412.10 on October 16, 2026.

Analyst target and valuation

Morgan Stanley raised its Hubbell target to USD 600.00 on October 16, 2026.
Second-quarter 2026 revenue rose 15.30 percent to USD 1.71 billion, while adjusted earnings per share reached USD 5.52.
Hubbell stock was last at EUR 412.10 at Tradegate on October 16, 2026 at 12:12 p.m. CEST.
Hubbell had a P/E ratio of 27.32 and a market capitalization of USD 24.4 billion on October 16, 2026.

HUBB, US4435106079, Illustration mit AI erstellt.

Morgan Stanley raised its Hubbell price target from USD 575.00 to USD 600.00 on October 16, 2026, while keeping an Equal Weight rating. The target stands 30.12 percent above Hubbell's USD 461.10 closing price on the same date. The rating action was reported by Markets Insider. Hubbell stock was last at EUR 412.10 at Tradegate on October 16, 2026 at 12:12 p.m. CEST.

Second-quarter revenue reached USD 1.71 billion

Hubbell's second-quarter 2026 revenue rose 15.30 percent year over year to USD 1.71 billion, according to MarketBeat. Adjusted earnings per share reached USD 5.52, compared with consensus of USD 5.39. The comparison shows that earnings exceeded expectations by USD 0.13, while the revenue figure provides the stronger operating signal for the next report.

Stock remains below its yearly high

The USD 461.10 home-market close on October 16, 2026 sat within a USD 403.82 to USD 565.50 52-week range. The price was 18.46 percent below the 52-week high and 14.18 percent above the low. Year-to-date performance was 3.83 percent, while volume reached 433,337 shares against an average of 523,168.

Valuation and the next report date

Hubbell's market capitalization was USD 24.4 billion and its trailing P/E ratio was 27.32 on October 16, 2026. The forward dividend was USD 5.68, equal to a 1.22 percent yield. Yahoo Finance lists October 27, 2026 as the next earnings date.

Comparison with peers

Hubbell (NYSE, USD): P/E 27.32, market capitalization USD 24.4 billion
nVent Electric (NYSE, USD): minus 2.54 percent, P/E 38.91, market capitalization USD 23.0 billion
Eaton (NYSE, USD): minus 2.79 percent, P/E 39.80, market capitalization USD 152.0 billion

Price and reporting date

The next scheduled earnings date gives the market a clear timing marker after the target revision. Hubbell's electrical and utility products business will be judged against the USD 600.00 target and the stronger second-quarter revenue base.

Market context: Market report S&P 500.

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