Seaport keeps Buy rating for Hubbell stock at USD 580 target

Published on 10/06/2026 at 14:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings per share hit USD 5.52 versus USD 5.39. Hubbell stock costs EUR 429.45 on October 6, 2026 after EUR 428.25, plus 0.28 percent.

HUBB, US4435106079, Illustration mit AI erstellt.

Hubbell (ISIN US4435106079) was trading at EUR 429.45 at Lang & Schwarz on October 6, 2026 at 2:47 p.m. CEST, up 0.28 percent from the EUR 428.25 prior close. The latest analyst signal came from Seaport Global: as Markets Insider reported on October 4, 2026, Scott Graham reiterated a Buy rating and a USD 580.00 price target.

Seaport keeps a USD 580 target

The target reinforces the contrast between Hubbell's operating momentum and the stock's valuation. The analyst action followed a September 25 coverage initiation by Wells Fargo at Equal-Weight with a USD 531.00 target, according to Yahoo Finance.

Hubbell's second-quarter 2026 report supplied the operating evidence behind the debate. According to GlobeNewswire, second-quarter net sales reached USD 1.712 billion, up 15 percent from the prior year, while adjusted earnings per share rose 12 percent to USD 5.52.

Revenue growth lifts the outlook

The same July 28, 2026 release said organic sales growth reached 10 percent in the quarter, with acquisitions adding 5 percentage points. Utility Solutions generated USD 1.026 billion in sales, up 10 percent year over year, while Electrical Solutions reached USD 686 million, up 25 percent.

Management raised fiscal 2026 sales-growth guidance from 8-11 percent to 16-18 percent and lifted adjusted earnings per share guidance from USD 19.30-19.85 to USD 20.25-20.55. The midpoint increased from USD 19.575 to USD 20.40, a 4.21 percent rise.

Third-quarter date is October 27

Yahoo Finance lists October 27, 2026 as the estimated next earnings date. For investors, the key test is whether the higher sales outlook converts into the forecast margin expansion while the company integrates recent acquisitions.

Hubbell stock edges higher intraday

Hubbell stock was trading at EUR 429.45 at Lang & Schwarz on October 6, 2026 at 2:47 p.m. CEST, plus 0.28 percent versus the EUR 428.25 prior close at Lang & Schwarz on October 5, 2026.