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NYSE: HUBB
Hubbell Inc Stock Forecast, Predictions & Price Target

Analyst price target for HUBB

Based on 6 analysts offering 12 month price targets for Hubbell Inc.
Min Forecast
$325.00-11.15%
Avg Forecast
$345.50-5.55%
Max Forecast
$375.00+2.52%

Should I buy or sell HUBB stock?

Based on 6 analysts offering ratings for Hubbell Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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HUBB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2024-01-31
lockedlocked$00.00+00.00%2023-12-08
lockedlocked$00.00+00.00%2023-11-17Find Out Why
lockedlocked$00.00+00.00%2023-11-08
Stephens & Co.
Top 15%
86
Strong BuyReiterates$375.00+2.52%2023-11-01

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Forecast return on equity

Is HUBB forecast to generate an efficient return?
Company
22.46%
Industry
7.69%
Market
28.96%
HUBB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is HUBB forecast to generate an efficient return on assets?
Company
9.35%
Industry
3.17%
HUBB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

HUBB revenue forecast

What is HUBB's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.9B+9.24%
Avg 2 year Forecast
$6.2B+14.74%
HUBB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

HUBB earnings growth forecast

How is HUBB forecast to perform vs Electrical Equipment & Parts companies and vs the US market?
Company
-18.32%
Industry
9.61%
Market
73.15%
HUBB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
HUBB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
HUBB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

HUBB revenue growth forecast

How is HUBB forecast to perform vs Electrical Equipment & Parts companies and vs the US market?
Company
9.24%
Industry
9.5%
Market
47.49%
HUBB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
HUBB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

HUBB vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
HUBB$365.79$345.50-5.55%Buy
VRT$62.70$59.17-5.63%Strong Buy
NVT$66.17$67.00+1.25%Strong Buy
AYI$244.80$203.00-17.08%Buy
ATKR$151.64$187.00+23.32%Buy

Hubbell Stock Forecast FAQ

Is Hubbell Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: HUBB) stock is to Buy HUBB stock.

Out of 6 analysts, 2 (33.33%) are recommending HUBB as a Strong Buy, 2 (33.33%) are recommending HUBB as a Buy, 2 (33.33%) are recommending HUBB as a Hold, 0 (0%) are recommending HUBB as a Sell, and 0 (0%) are recommending HUBB as a Strong Sell.

If you're new to stock investing, here's how to buy Hubbell stock.

What is HUBB's revenue growth forecast for 2024-2025?

(NYSE: HUBB) Hubbell's forecast annual revenue growth rate of 9.24% is not forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 9.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 47.49%.

Hubbell's revenue in 2024 is $5,372,900,000.On average, 3 Wall Street analysts forecast HUBB's revenue for 2024 to be $314,757,304,769, with the lowest HUBB revenue forecast at $313,395,930,864, and the highest HUBB revenue forecast at $315,503,470,235.

In 2025, HUBB is forecast to generate $330,590,502,647 in revenue, with the lowest revenue forecast at $328,856,582,279 and the highest revenue forecast at $333,913,604,230.

What is HUBB's forecast return on assets (ROA) for 2024-2025?

(NYSE: HUBB) forecast ROA is 9.35%, which is higher than the forecast US Electrical Equipment & Parts industry average of 3.17%.

What is HUBB's Price Target?

According to 6 Wall Street analysts that have issued a 1 year HUBB price target, the average HUBB price target is $345.50, with the highest HUBB stock price forecast at $375.00 and the lowest HUBB stock price forecast at $325.00.

On average, Wall Street analysts predict that Hubbell's share price could fall to $345.50 by Jan 31, 2025. The average Hubbell stock price prediction forecasts a potential downside of 5.55% from the current HUBB share price of $365.79.

What is HUBB's forecast return on equity (ROE) for 2024-2025?

(NYSE: HUBB) forecast ROE is 22.46%, which is considered strong.
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