Analyst Consensus ?
ConsensusHold29 ratings
Bullish1344.8%
Neutral1448.3%
Bearish26.9%
1 unmapped firm rating excluded from the percentages.
American Water Works Company, Inc. · AWK · FY2026 Q2 · Calendar Q3 2026
American Water reaffirms guidance as capital recovery and M&A progress
American Water's Q2 analysis supports a constructive operating picture: resilient earnings, near-100% capital recovery in recent rate cases, and acquisition progress support the growth framework. The main evidence to monitor is execution across rate cases, merger approvals and the capital program.
Reported After market closeNYSEUtilities
$26.59B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.61
Consensus $1.53
EPS surprise
+5.2%
Reported versus consensus
Reported revenue
$1.35B
Consensus $1.33B
Revenue surprise
+2.2%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-0.9%
Event window
SPY move
+1.7%
Same window
Abnormal move
-2.6%
Stock minus SPY
Volume
1.7×
Versus trailing sessions
Subsequent drift
-0.1%
Up to 20 sessions
AWKSPY benchmark
Ask FN2 about AWK FY2026 Q2
Transcript, numbers and history already loaded
Why did AWK fall 0.9% after beating EPS estimates in FY2026 Q2?What changed in AWK's guidance and outlook in FY2026 Q2?Give me the bull and bear case for AWK after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the Nexus Water Group systems acquisition was completed ahead of schedule, adding 47,000 customers and 70 employees. Essential Utilities merger approvals progressed in Kentucky, Ohio and Virginia, while management highlighted near-100% capital recovery in three 2026 rate cases.
Guidance delta
Maintained: management reaffirmed full-year EPS guidance and continued to target 2% customer growth.
Key takeaways
- Adjusted earnings grew 8% year over year, while full-year EPS guidance was reaffirmed.
- Recent rate cases in West Virginia, Maryland and Pennsylvania achieved near-100% capital recovery.
- The Nexus Water Group systems acquisition closed ahead of schedule, adding 47,000 customers and 70 employees.
- Management said the Essential Utilities merger remains on track, with a target close by the end of Q1 2027.
- The company invested $1.8 billion in capital projects and acquisitions in the first half of 2026.
Management priorities
- Execute the 2026 capital plan and infrastructure upgrades.
- Continue pursuing acquisitions, including the Essential Utilities merger.
- Advance rate cases and capital-recovery mechanisms.
- Maintain affordable rate structures while targeting 2% customer growth.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$133.97Current
$124Low
$143.71Average
$181High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Sep 10, 2026 |
| Truist Securities | Hold | Hold | Maintain | Aug 4, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Jul 31, 2026 |
| Barclays | Underweight | Underweight | Maintain | Jul 15, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 8, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | May 21, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jan 20, 2026 |
| Jefferies | Hold | Underperform | Upgrade | Nov 5, 2025 |
| Argus Research | Buy | Buy | Maintain | Aug 14, 2025 |
| Evercore ISI Group | In Line | In Line | Maintain | May 2, 2025 |
| Seaport Global | Buy | Buy | Maintain | Apr 11, 2025 |
| RBC Capital | Outperform | Outperform | Maintain | Sep 19, 2024 |
| CFRA | Hold | Hold | Maintain | Feb 16, 2023 |
| Janney Montgomery Scott | Buy | Buy | Maintain | Nov 1, 2022 |
| HSBC | Buy | Hold | Upgrade | Feb 23, 2022 |
| Goldman Sachs | Neutral | Buy | Downgrade | Nov 4, 2021 |
| Atlantic Equities | Overweight | Overweight | Maintain | Jan 7, 2021 |
| Janney Capital | Neutral | Buy | Downgrade | Oct 13, 2020 |
| Baird | Outperform | Outperform | Maintain | Aug 6, 2020 |
| Bank of America | Underperform | Neutral | Downgrade | Jul 15, 2019 |
| Guggenheim | Neutral | Buy | Downgrade | Jan 2, 2018 |
| Argus | Buy | Buy | Maintain | Jun 24, 2016 |
| Boenning & Scattergood | Neutral | Outperform | Downgrade | Jun 6, 2016 |
| Ladenburg Thalmann | Neutral | Buy | Downgrade | Oct 15, 2015 |
| Brean Capital | Buy | Buy | Maintain | Nov 7, 2014 |
| Maxim Group | Outperform | Outperform | Maintain | Oct 20, 2014 |
| Macquarie | Outperform | Outperform | Maintain | Oct 20, 2014 |
| Credit Suisse | Neutral | Neutral | Maintain | Aug 8, 2014 |
| Citigroup | Buy | Buy | Maintain | Jul 23, 2014 |
| Hilliard Lyons | Buy | Maintain | Jul 11, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $133.98. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Gregg Orrill | $162 | $140.33 | +20.9% | Sep 10, 2026 |
| Truist Financial | Analyst unavailable | $139 | $131.3 | +3.8% | Aug 4, 2026 |
| Barclays | Analyst unavailable | $130 | $131.57 | -3.0% | Jul 15, 2026 |
| UBS | Gregg Orrill | $150 | $131.79 | +12.0% | Jul 2, 2026 |
| UBS | Analyst unavailable | $140 | $122.35 | +4.5% | May 29, 2026 |
| UBS | Analyst unavailable | $137 | $125.56 | +2.3% | May 7, 2026 |
| Wells Fargo | Analyst unavailable | $131 | $133.25 | -2.2% | Apr 21, 2026 |
| Barclays | Nicholas Campanella | $124 | $131.61 | -7.4% | Apr 20, 2026 |
| UBS | Gregg Orrill | $149 | $133.04 | +11.2% | Dec 17, 2025 |
| Barclays | Nicholas Campanella | $122 | $132.72 | -8.9% | Dec 17, 2025 |
| Mizuho Securities | Anthony Crowdell | $145 | $137.99 | +8.2% | Oct 28, 2025 |
| Wells Fargo | Shahriar Pourreza | $142 | $137.99 | +6.0% | Oct 27, 2025 |
| Barclays | Analyst unavailable | $134 | $145.43 | +0.0% | Oct 21, 2025 |
| UBS | Gregg Orrill | $155 | $142.28 | +15.7% | Nov 19, 2024 |
| Mizuho Securities | Anthony Crowdell | $140 | $140.37 | +4.5% | Oct 15, 2024 |
| Jefferies | Julien Dumoulin-Smith | $124 | $138.89 | -7.4% | Oct 7, 2024 |
| Bank of America Securities | Ross Fowler | $140 | $149.08 | +4.5% | Sep 20, 2024 |
| Wells Fargo | Jonathan Reeder | $138 | $143.67 | +3.0% | Jul 31, 2024 |
| Mizuho Securities | Anthony Crowdell | $131 | $118.21 | -2.2% | Mar 21, 2024 |
| Mizuho Securities | Anthony Crowdell | $134 | $116.88 | +0.0% | Oct 3, 2023 |
| UBS | Analyst unavailable | $159 | $156.84 | +18.7% | Aug 2, 2022 |
| Wells Fargo | Analyst unavailable | $152 | $145.68 | +13.5% | Jul 18, 2022 |
| Barclays | Analyst unavailable | $157 | $148.57 | +17.2% | Jul 18, 2022 |
| Wells Fargo | Analyst unavailable | $151 | $159.46 | +12.7% | Apr 28, 2022 |
| Wells Fargo | Analyst unavailable | $156 | $163.97 | +16.4% | Apr 19, 2022 |
| Janney Montgomery | Michael Gaugler | $181 | $174.56 | +35.1% | Aug 4, 2021 |
| Guggenheim | Shahriar Pourreza | $160 | $173.41 | +19.4% | Aug 3, 2021 |
| Wolfe Research | Steve Fleishman | $156 | $150.81 | +16.4% | May 5, 2021 |
Track every rating change on AWK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationAmerican Water Works Company, Inc. operates across the United States, delivering essential water and wastewater solutions via its various subsidiary companies. Its operations extend to around 1,700 communities situated across 14 states, catering to an active customer base of roughly 3.4 million. The firm caters to a broad spectrum of clients. These include individual households, commercial enterprises (such as food and beverage suppliers, property developers, and energy companies), and both public and private fire service customers. Industrial clients, like large-scale manufacturers, mining, and production facilities, also utilize its services. Furthermore, American Water Works supports public authorities, encompassing government facilities, schools, and universities, alongside other utility providers and community water and wastewater infrastructure.…
Historical context
All AWK earningsLatest beats and misses
Who reports nextBeat on EPS
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
Get the AWK recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-30T16:07:24.222363+00:00
- FN2 earnings calendar · 2026-09-03T01:23:14.877038+00:00
- Polygon adjusted daily market bars · 2026-09-23T15:50:55.648156+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-23T15:50:55.645463+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-23. For educational purposes only; not investment advice.