DailyIQ
Last updatedUpdating…

LNT·Alliant Energy Corporation

$66.09
-0.83 (-1.24%)
High
$67.05
Open
$67.05
Market Cap
17.44B
52W High
$78.81
Low
$65.91
P. Close
$66.09
P/E
21.35
52W Low
$63.28
Fwd P/E
18.16
DailyIQ Est.
$78.73
Inst. Ownership
-
Short Interest
9.40%
Days to Cover
13.4
Technical Score (1D)
14
SELL
News Sentiment
31
BEARISH
Alliant Energy’s Q2 2026 earnings call, held on July 31, confirmed the company’s FY2026 adjusted EPS guidance of $3.36‑$3.46 and reported a Q2 adjusted EPS of $0.65, slightly below the prior year’s $0.68 but still within the upper half of the guidance range. The company also announced a projected 60 % load growth by 2031, underscoring long‑term revenue expansion driven largely by data‑center demand and grid modernization. These results, coupled with a $0.54 per‑share dividend declared for August 17, reinforce the view that Alliant’s regulated cash flows remain stable while its growth pipeline is robust. However, Jefferies and BMO have both lowered their price targets to $80 and $78 respectively, citing regulatory headwinds and slower renewable‑generation contract growth, which introduces downside pressure on valuation. The downgrade signals that while earnings are solid, any tightening of allowed returns or increases in funding costs could erode the margin of safety that has kept the stock fairly valued after a 48 % three‑year run. Traders should watch the upcoming earnings release for any updates on state‑level renewable mandates and the pace of equity financing, as these factors directly influence the company’s cost structure and capital allocation. Additionally, monitoring interest‑rate movements will be key, since rising rates can increase the cost of debt and affect the utility’s ability to refinance its long‑term obligations. Finally, keep an eye on the regulatory environment for potential changes to rate‑setting authority, which could alter the company’s revenue mix and impact its long‑term growth trajectory.
Earnings Summary
Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services across the United States, primarily through its Iowa and Wisconsin subsidiaries, and also invests in renewable energy projects such as wind farms and natural gas‑fired units. Operating in the regulated electric utilities industry, Alliant’s performance is driven by regulated rate adjustments, renewable portfolio standards, and capital spending on grid modernization. In the last two quarters, Q4 2025 and Q1 2026, the company posted revenue of $1.06 billion and $1.18 billion respectively, a 5.8% YoY increase from Q4 2024’s $0.98 billion and a 4.2% YoY rise from Q1 2025’s $1.13 billion; EPS grew from $0.60 in Q4 2025 to $0.82 in Q1 2026, a 36.7% YoY jump, while the company beat earnings estimates in both quarters (estimates $0.59 and $0.81 versus actuals $0.60 and $0.82). Historically, Alliant has maintained a consistent pattern of revenue growth and EPS beats, with revenue expanding even when EPS misses, reflecting stable regulated earnings and disciplined cost management. Recent news indicates that Jefferies has trimmed its target to $80 from $86 due to regulatory headwinds and slower renewable generation growth, and that the company declared a $0.54 per‑share dividend; these developments suggest that while the company’s long‑term growth narrative remains intact, regulatory uncertainty could pressure valuation. Investors should watch for the upcoming Q2 2026 earnings release to confirm reported EPS and revenue figures, any updates on state renewable portfolio standards, and commentary from regulators that might signal tighter return caps, as these factors will clarify whether the company’s growth narrative can sustain its current valuation or if the Jefferies target cut will be reflected in the stock’s price action.

EPS

EstBeatMiss
$0.50$0.70$0.91$1.11$1.32Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.22 - -
Q2'26$0.62$0.65+5.5%
Q1'26$0.81$0.82+1.0%
Q4'25$0.59$0.60+1.6%
Q3'25$1.19$1.12-5.8%
Q2'25$0.64$0.68+6.0%

Revenue

EstBeatMiss
$637M$824M$1.0B$1.2B$1.4BQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.3B - -
Q2'26$906M$971M+7.2%
Q1'26$1.1B$1.2B+10.6%
Q4'25$724M$1.1B+47.0%
Q3'25 - $1.2B -
Q2'25 - $961M -

Market Data

LNT Stock Snapshot

SELL14/100
$66.09$0.83 (1.2%)
Market cap
17.44B
P/E ratio
21.4
Day range
$65.91 – $67.05
News sentiment
31/100 · Bearish
Analyst target
$78.04 (+18.1%)
Consensus
Hold · 20 analysts
52-week range+4.4% off low · -16.1% from high
$63.28$78.81
Price $66.09 DailyIQ Est. $78.73

Momentum has rolled over on Alliant Energy Corporation, which is what drives the bearish read. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Behaviour On Record

What LNT's own history says about today's numbers

Realized volatility (21d)
14.4% 28th pct
Below its peak
-15.1%
vs 200-day average
-6.0%
Up days (1y)
53%

Alliant Energy Corporation is currently running 14.4% annualised volatility over the last 21 sessions. Measured against LNT's own 13 years of daily returns rather than a market-wide average, that is the 28th percentile on the quiet side for this stock, against a typical reading of 16.9%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

LNT is trading -15.1% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -12.1%, and the deepest was -33.5% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -6.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 9th percentile a narrower gap than it typically runs. Over the past year LNT closed higher on 53% of sessions, and it is currently 2 sessions into a falling streak.

On September specifically: over 14 years of records, LNT finished the month higher 6 of 14 times, with a median return of -1.8% and an average of -1.7%. Its strongest month historically has been March at +3.6% on average, its weakest September at -1.7%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: LNT has opened more than 2% away from the prior close in 60 of 3,268 sessions (1.8% of the time), with the largest gaps running +6.2% and -6.7%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, LNT moved an average of 1.0% in the session after earnings, closing higher 2 of those 3 times, with a median move of +0.8% and a largest of +2.2%.

All figures computed from 3,269 daily closes between 2013-09-16 and 2026-09-15, split-adjusted, recomputed daily. Percentiles are against LNT's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of LNT's sector?

Alliant Energy Corporation sits in the Utilities sector, currently ranked 10th of 11 GICS sectors by relative-strength rotation score (lagging).

Sector rank
#10 of 11
Sector state
Lagging
Sector rotation score
0

Options Market

What is the options market pricing for LNT?

CallsPuts

For Alliant Energy Corporation's nearest expiry (2026-09-18, 3 days out), open interest is roughly balanced between puts and calls (put/call ratio of 0.94), with at-the-money implied volatility around 65.8%. The options market is pricing roughly a ±5.8% move by that expiry — a range of about $62.31–$69.91.

Put/call ratio (2026-09-18)
0.94
ATM implied volatility
65.8%
Total open interest
252
Expected move by 2026-09-18
±5.8% ($62.31–$69.91)

Analyst Rating Changes

Are analysts turning bullish or bearish on LNT?

BMO Capital most recently reiterated its rating on Alliant Energy Corporation to Outperform on Aug 3, 2026 with a price target of $78 (from $80). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
BMO CapitalOutperform
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Aug 3, 2026BMO CapitalMaintainedOutperform$80 → $78
Aug 3, 2026MizuhoMaintainedNeutral$76 → $75
Jul 22, 2026BMO CapitalMaintainedOutperform$83 → $80
Jul 15, 2026BMO CapitalMaintainedOutperform$81 → $83
Jul 8, 2026TD CowenInitiatedHold-
May 4, 2026ScotiabankMaintainedSector Perform$72 → $74
Apr 17, 2026BMO CapitalMaintainedOutperform$78 → $79
Apr 15, 2026BarclaysMaintainedEqual-Weight$67 → $74
Mar 16, 2026MizuhoMaintainedNeutral$73 → $74
Mar 11, 2026RBC CapitalInitiatedOutperform$82
Feb 23, 2026BMO CapitalMaintainedOutperform$72 → $78
Jan 21, 2026BarclaysUpgradeUnderweight → Equal-Weight$65 → $67

LNT Competitive Positioning

Alliant Energy Corporation (LNT) is tracked alongside these names in Utilities - Regulated Electric on DailyIQ — ranked by market cap, with today's move alongside.