AQNB Stock Report: Algonquin Power & Utilities Rating & Analysis

Price Action & Execution Volume

1255 daily bars · split adjusted

D1 · Split adjusted1Y: -0.86%

RSI (14)

Daily · Wilder smoothing

31.3Bearish range

70 overbought / 30 oversoldLast 120 sessions

MACD (12, 26, 9)

MACD -0.18 Signal -0.13 Hist -0.05

Pivots & Key Levels

Classic floor pivots from 2026-10-23

R2

25.51

R1

25.48

Pivot

25.47

S1

25.44

S2

25.43

Quantitative Signal Summary & Indicator Suite

Computed from daily OHLCV bars

Consensus signal rating

SELL

2 bullish · 2 neutral · 6 bearish

STRONG SELLSELLNEUTRALBUYSTRONG BUY

Oscillators

2 Buy · 2 Neu · 1 Sell

Moving averages

0 Buy · 0 Neu · 5 Sell

Indicator	Value	Type	Action
RSI (14)	31.29	Oscillator	Neutral
Stochastic %K (14, 3, 3)	7.46	Oscillator	Buy
Williams %R (14)	-94.29	Oscillator	Buy
MACD (12, 26, 9)	-0.18 (Hist -0.05)	Oscillator	Strong Sell
Average Directional Index (14)	16.42 (+DI 18.5 / -DI 23.5)	Trend	Neutral

Financial Performance & Valuation

Audited annual filings, TTM ratios and consensus forward estimates

Financial Performance

Annual filings (FY) with consensus forward estimates (hatched)

Revenue

$2.43B FY25

2.20B

FY21

2.59B

FY22

2.70B

FY23

2.32B

FY24

2.43B

FY25

GAAP Net Income

$180.8M FY25

262.5M

FY21

-203.6M

FY22

20.32M

FY23

-1.38B

FY24

180.8M

FY25

Free Cash Flow

-$178.3M FY25

-1.22B

FY21

-476.8M

FY22

-398.1M

FY23

-390.7M

FY24

-178.3M

FY25

Key Valuation & Quality Metrics

TTM vs. 5-year historical average (annual ratios)

Metric	AQNB	Historical (5Y) / ref	Status
P/E ratio (TTM)	29.6x	210.3x · sector 27.3x	In line
Forward P/E	—	—	n/a
Price / Book	0.9x	3.3x	Discount
Price / Sales	1.6x	6.9x	Discount
EV / EBITDA	11.7x	27.2x	Discount
Return on equity	3.2%	—	Weak
Gross margin	45.4%	28.6%	Above hist.
Debt / Equity	1.44	1.41	Moderate
Piotroski / Altman Z	7/9	Z 1.25	Distress

DCF Fair Value

Discounted cash flow model

DCF

Estimated intrinsic value

$-23.47

-192.2% overvalued

vs current price $25.46

Enterprise value: $10.73B
FCF yield (TTM): -1.4%
Earnings yield (TTM): 3.6%
ROIC (TTM): 2.5%
Net debt / EBITDA: 7.19
Model date: 2026-10-24

Street Consensus & Target Distribution

Wall Street price targets and rating actions

12-Month Target Price Spread

Current price $25.46

No price target coverage.

Recent Research Notes & Ratings

Latest analyst grade actions

No rating actions on file.

Ownership & Insider Activity

Shareholder Structure

Free float vs. closely held shares

Free float0.0%

Float shares
0
Closely held
734.0M (100.0%)
Shares outstanding
734.0M

13F institutional holdings are not available in the current data plan.

Recent Insider Transactions

SEC Form 4 filings

No insider transactions reported.

Business Segment & Geographic Diversification

Revenue disaggregation per 10-K filing

Revenue by Business Segment

No segment disclosure.

Revenue by Geography

No geographic disclosure.

Newsfeed & Earnings

Institutional Newsfeed

Stock news · updated daily

No recent news.

Earnings Track Record

Reported EPS vs. consensus estimate

No earnings history.

SEC Filings & Executive Compensation

Recent SEC Regulatory Filings

SEC EDGAR filings · last 12 months

Form	Filed	Accepted	Document
SC 13G/A	Oct 8, 2026	2026-10-08 15:31:02	View
6-K	Aug 28, 2026	2026-08-28 16:32:36	View
6-K	Aug 7, 2026	2026-08-07 06:46:36	View
SC 13G	Aug 6, 2026	2026-08-06 10:06:19	View
6-K	Jul 31, 2026	2026-07-31 06:31:39	View
S-8	Jun 30, 2026	2026-06-30 16:06:34	View
6-K	Jun 29, 2026	2026-06-29 17:07:06	View
6-K	May 20, 2026	2026-05-20 17:02:59	View
6-K	May 13, 2026	2026-05-12 19:17:53	View
6-K	May 8, 2026	2026-05-08 06:39:54	View

Executive Compensation

Proxy statement (DEF 14A) disclosures

No compensation disclosures.

Financial Performance & Valuation

Street Consensus & Target Distribution

Ownership & Insider Activity

Business Segment & Geographic Diversification

Newsfeed & Earnings

SEC Filings & Executive Compensation

Algonquin Power & Utilities Corp.

Financial Performance & Valuation

Street Consensus & Target Distribution

Ownership & Insider Activity

Business Segment & Geographic Diversification

Newsfeed & Earnings

SEC Filings & Executive Compensation

Algonquin Power & Utilities Corp.