Analyst Consensus ?
ConsensusHold18 ratings
Bullish738.9%
Neutral1055.6%
Bearish15.5%
Hubbell Incorporated · HUBB · FY2026 Q1 · Calendar Q2 2026
Hubbell Raises Full-Year Guidance on 40% Data-Center Growth and 765kV Transmission Opportunity
Hubbell delivered a strong Q1 2026 beat, raising full-year guidance on accelerating data-center demand and a newly identified $1.5 billion, ten-year 765kV transmission opportunity. Despite the bullish fundamental print, the stock sold off sharply — down 6.9% on the session and drifting another 6.8% lower subsequently — suggesting the market may have been positioned for even stronger results or is concerned about macro headwinds and tariff exposure. At $469.43, HUBB trades at a 15% discount to the analyst consensus target of $551.33, offering potential upside if management executes on its raised outlook.
Reported Before market openNYSEIndustrials
$24.36B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$3.93
Consensus $3.87
EPS surprise
+1.6%
Reported versus consensus
Reported revenue
$1.52B
Consensus $1.50B
Revenue surprise
+1.0%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-6.9%
Event window
SPY move
+1.0%
Same window
Abnormal move
-7.9%
Stock minus SPY
Volume
3.4×
Versus trailing sessions
Subsequent drift
-6.8%
Up to 20 sessions
HUBBSPY benchmark
Ask FN2 about HUBB FY2026 Q1
Transcript, numbers and history already loaded
Why did HUBB fall 6.9% after beating EPS estimates in FY2026 Q1?What changed in HUBB's guidance and outlook in FY2026 Q1?Give me the bull and bear case for HUBB after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared to Q4 2025's maintained guidance of 5-7% organic growth and 7-9% total sales growth, Q1 2026 results prompted a guidance raise: full-year sales growth was lifted to 8-11% and adjusted EPS guidance was introduced at $19.30-$19.85. Organic sales growth reached 8% in the quarter. Data-center demand surged 40% year-over-year, leading management to raise the full-year data-center growth outlook to above 25%. A new $1.5 billion, ten-year addressable market for 765kV high-voltage transmission was identified. The DMC Power acquisition is exceeding early expectations, requiring capacity expansion ahead of plan. Section 232 tariffs and the IEEP repeal emerged as new regulatory considerations since the prior quarter.
Guidance delta
Raised. Full-year sales growth guidance increased from 7-9% to 8-11%. Adjusted EPS guidance initiated at $19.30-$19.85. Data-center full-year growth outlook raised to above 25%. Prior quarter guidance was maintained at 5-7% organic and 7-9% total sales growth.
Key takeaways
- Q1 2026 EPS of $3.93 beat the $3.87 consensus by 1.6%; revenue of $1.52B exceeded the $1.50B estimate by 1.0%.
- Organic sales grew 8%, with double-digit gains in Electrical Solutions and Grid Infrastructure.
- Full-year guidance raised to 8-11% sales growth and adjusted EPS of $19.30-$19.85.
- Data-center demand surged 40% YoY; full-year data-center growth outlook raised to above 25%.
- 765kV high-voltage transmission identified as a $1.5B, ten-year addressable market.
- DMC Power acquisition exceeding expectations, with capacity expansion already required.
Management priorities
- Develop and test new 765kV transmission products in collaboration with major utility customers.
- Increase capacity for data-center short-cycle products and modular skids.
- Continue strategic bolt-on acquisitions in T&D and data-center domains.
- Invest in restructuring and footprint optimization for long-term productivity.
- Maintain share repurchase program to return capital to shareholders.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$437.33Previous close
$190Low
$498.71Average
$630High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 29, 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 |
|---|---|---|---|---|
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Oct 28, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Oct 28, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Oct 28, 2026 |
| Baird | Outperform | Outperform | Maintain | Oct 28, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Oct 15, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 2, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | May 4, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | May 4, 2026 |
| Deutsche Bank | Hold | Buy | Downgrade | Nov 26, 2024 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Aug 11, 2023 |
| UBS | Sell | Sell | Maintain | May 16, 2023 |
| CFRA | Buy | Buy | Maintain | Apr 30, 2020 |
| Gabelli & Co. | Buy | Buy | Maintain | Aug 21, 2019 |
| Oppenheimer | Market Perform | Outperform | Downgrade | Jan 8, 2019 |
| JMP Securities | Outperform | Market Perform | Upgrade | Jun 18, 2018 |
| Barrington Research | Neutral | Neutral | Maintain | May 13, 2016 |
| Wunderlich Securities | Hold | Hold | Maintain | Oct 23, 2012 |
| Wunderlich | Hold | Hold | Maintain | Oct 23, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $437.33. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Mizuho Securities | Brett Linzey | $515 | $434.28 | +17.8% | Oct 28, 2026 |
| Wells Fargo | Stephen Tusa | $525 | $434.28 | +20.0% | Oct 28, 2026 |
| Morgan Stanley | Analyst unavailable | $600 | $466.41 | +37.2% | Oct 16, 2026 |
| Mizuho Securities | Analyst unavailable | $560 | $473.37 | +28.0% | Oct 15, 2026 |
| Evercore ISI | Alex Virgo | $630 | $475.4 | +44.1% | Oct 9, 2026 |
| Seaport Global | Scott Graham | $580 | $459.33 | +32.6% | Sep 30, 2026 |
| Wells Fargo | Analyst unavailable | $531 | $465.88 | +21.4% | Sep 24, 2026 |
| Morgan Stanley | Analyst unavailable | $575 | $441.87 | +31.5% | Sep 2, 2026 |
| Robert W. Baird | Analyst unavailable | $550 | $469.76 | +25.8% | Aug 20, 2026 |
| UBS | Neal Burk | $515 | $510.86 | +17.8% | Jun 16, 2026 |
| Stephens | Analyst unavailable | $600 | $508.43 | +37.2% | May 4, 2026 |
| Barclays | Analyst unavailable | $503 | $508.43 | +15.0% | May 4, 2026 |
| Morgan Stanley | Analyst unavailable | $565 | $477.97 | +29.2% | Mar 11, 2026 |
| Stephens | Analyst unavailable | $550 | $487.16 | +25.8% | Feb 5, 2026 |
| Mizuho Securities | Analyst unavailable | $575 | $503.86 | +31.5% | Feb 4, 2026 |
| Wells Fargo | Joseph O'Dea | $550 | $503.86 | +25.8% | Feb 4, 2026 |
| Barclays | Julian Mitchell | $481 | $503.86 | +10.0% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $515 | $468.59 | +17.8% | Jan 7, 2026 |
| Barclays | Julian Mitchell | $465 | $477.46 | +6.3% | Jan 7, 2026 |
| Wells Fargo | Joseph O'Dea | $515 | $477.46 | +17.8% | Jan 7, 2026 |
| Mizuho Securities | Analyst unavailable | $500 | $466.78 | +14.3% | Jan 5, 2026 |
| Evercore ISI | Analyst unavailable | $575 | $448.13 | +31.5% | Dec 15, 2025 |
| UBS | Neal Burk | $450 | $448.74 | +2.9% | Dec 12, 2025 |
| Seaport Global | Analyst unavailable | $515 | $470.2 | +17.8% | Oct 29, 2025 |
| Wells Fargo | Joseph O'Dea | $500 | $455.34 | +14.3% | Oct 29, 2025 |
| Barclays | Analyst unavailable | $456 | $455.34 | +4.3% | Oct 29, 2025 |
| Mizuho Securities | Analyst unavailable | $480 | $428.82 | +9.8% | Oct 17, 2025 |
| Wells Fargo | Joseph O'Dea | $490 | $430.15 | +12.0% | Sep 2, 2025 |
| Wells Fargo | Joseph O'Dea | $420 | $410.51 | -4.0% | Jul 1, 2025 |
| Barclays | Analyst unavailable | $422 | $354.95 | -3.5% | Mar 3, 2025 |
| Wells Fargo | Joseph O'Dea | $450 | $433.96 | +2.9% | Jan 7, 2025 |
| Bernstein | Chad Dillard | $535 | $436.93 | +22.3% | Nov 5, 2024 |
| Morgan Stanley | Christopher Snyder | $445 | $433.66 | +1.8% | Oct 30, 2024 |
| Wells Fargo | Joseph O'Dea | $455 | $440.12 | +4.0% | Oct 29, 2024 |
| Morgan Stanley | Chris Snyder | $407 | $370.42 | -6.9% | Sep 6, 2024 |
| Deutsche Bank | Nicole DeBlase | $441 | $370.42 | +0.8% | Sep 5, 2024 |
| Barclays | Julian Mitchell | $368 | $379.8 | -15.9% | Jul 31, 2024 |
| Wells Fargo | Joseph O'Dea | $397 | $370.52 | -9.2% | May 1, 2024 |
| Barclays | Julian Mitchell | $400 | $416.8 | -8.5% | Apr 2, 2024 |
| Morgan Stanley | Analyst unavailable | $238 | $232.65 | -45.6% | Feb 1, 2023 |
| UBS | Analyst unavailable | $225 | $234.49 | -48.6% | Jan 4, 2023 |
| UBS | Analyst unavailable | $254 | $243.86 | -41.9% | Nov 17, 2022 |
| Morgan Stanley | Analyst unavailable | $206 | $205.03 | -52.9% | Jul 27, 2022 |
| Wells Fargo | Analyst unavailable | $188 | $180.9 | -57.0% | Jun 29, 2022 |
| Morgan Stanley | Joshua Pokrzywinski | $190 | $197.96 | -56.6% | Jun 7, 2022 |
| Wells Fargo | Analyst unavailable | $200 | $203.38 | -54.3% | Apr 28, 2022 |
| Mizuho Securities | Brett Linzey | $220 | $185.5 | -49.7% | Feb 7, 2022 |
Track every rating change on HUBB the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationHubbell, Inc. engages in the designing, manufacturing, and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates through the Electrical Solutions and Utility Solutions segments. The Electrical Solutions segment manufactures and sells wiring and electrical, lighting fixtures, and controls for indoor and outdoor applications as well as specialty lighting and communications products. The Utility Solutions segment is involved in the design, manufacture, and sale of electrical distribution, transmission, substation, and telecommunications products. The company was founded by Harvey Hubbell II in 1888 and is headquartered in Shelton, CT.
Historical context
All HUBB earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| LII Lennox International Inc. | FY2026 Q3 · Calendar Q4 2026 | -7.1% | -10.6% | Lennox grows revenue but cuts outlook as margins face pressure |
| IEX IDEX Corporation | FY2026 Q3 · Calendar Q4 2026 | +4.0% | +2.3% | IDEX raises 2026 outlook as advantage-market demand stays strong |
| CHRW C.H. Robinson Worldwide, Inc. | FY2026 Q3 · Calendar Q4 2026 | +2.9% | -11.1% | C.H. Robinson expands margins as Lean AI and RXO integration advance |
| VRT Vertiv Holdings Co | FY2026 Q3 · Calendar Q4 2026 | +21.4% | +16.5% | Vertiv raises 2026 guidance as AI infrastructure orders accelerate |
| CLH Clean Harbors, Inc. | FY2026 Q3 · Calendar Q4 2026 | +20.6% | +0.1% | Clean Harbors Raises 2026 EBITDA Guidance After Record Q3 |
| FER Ferrovial N.V. | FY2026 Q3 · Calendar Q4 2026 | 0.0% | +7.3% | Ferrovial posts strong nine-month growth as U.S. projects expand |
Latest beats and misses
Who reports nextBeat on EPS
- F-PBFY2026 Q3 · October 28, 2026+19.5% EPS— move
- ALGNFY2026 Q3 · October 28, 2026+1.1% EPS+1.1% move
- GKOSFY2026 Q3 · October 28, 2026+587.8% EPS+0.1% move
- GEHCFY2026 Q3 · October 28, 2026+11.7% EPS+6.6% move
- IEXFY2026 Q3 · October 28, 2026+4.0% EPS+2.3% move
- AONFY2026 Q3 · October 28, 2026+1.8% EPS+4.4% move
Missed on EPS
- LIIFY2026 Q3 · October 28, 2026-7.1% EPS-10.6% move
- EXRFY2026 Q3 · October 27, 2026-1.7% EPS+0.1% move
- NOWFY2026 Q3 · October 28, 2026-2.0% EPS-3.0% move
- CMGFY2026 Q3 · October 28, 2026-7.1% EPS+2.7% move
- GOOGFY2026 Q3 · October 28, 2026-11.3% EPS+1.6% move
- MGMFY2026 Q3 · October 28, 2026-405.6% EPS-2.6% move
Get the HUBB 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 · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-30T18:12:07.073884+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-30T18:12:07.071648+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 2026-07-30. For educational purposes only; not investment advice.