Analyst Consensus ?
ConsensusHold17 ratings
Bullish741.2%
Neutral952.9%
Bearish15.9%
Hubbell Incorporated · HUBB · FY2026 Q3 · Calendar Q4 2026
Hubbell: Strong Electrical Demand, Utility Constraints Temper Outlook
Hubbell's Q3 analysis supports a constructive demand picture: data-center and Electrical Solutions momentum, NSI contribution, and capacity investment are positive evidence. The counterevidence is concentrated in Utility execution, including a component shortage, a slower project ramp, potential margin pressure, and the need to sustain unusually strong data-center growth.
Reported Before market openNYSEIndustrials
$24.27B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $5.75
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $1.85B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-5.1%
Event window
SPY move
+0.5%
Same window
Abnormal move
-5.6%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
HUBBSPY benchmark
Ask FN2 about HUBB FY2026 Q3
Transcript, numbers and history already loaded
What drove HUBB's -5.1% move after FY2026 Q3 earnings?What changed in HUBB's guidance and outlook in FY2026 Q3?Give me the bull and bear case for HUBB after FY2026 Q3 earnings.
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Transcript intelligence
What changed
The latest analysis adds evidence of stronger-than-expected Electrical Solutions and data-center demand, with NSI contributing ahead of schedule. It also identifies a temporary meter-component shortage, a Q3-to-Q4 revenue shift, and softer Utility guidance as the main change from the prior quarter.
Guidance delta
Management raised the full-year 2026 sales outlook to 18–19% growth, while softening Utility expectations because of a meter-component shortage and a slower substation control-house ramp.
Key takeaways
- Electrical Solutions was the main growth engine, with strong data-center and light-industrial demand.
- The NSI acquisition is contributing ahead of schedule and supporting Electrical Solutions growth.
- Utility performance was constrained by a temporary meter-component shortage; about $15 million of revenue shifted from Q3 to Q4.
- Management is accelerating capacity investment and continuing its margin-expansion program.
Management priorities
- Accelerate pricing in Electrical Solutions in Q4 and Utility in early 2027.
- Expand capacity, with quarterly investment planned to increase in 2027.
- Advance NSI integration, cross-selling, product simplification, and next-generation high-voltage products.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$434.28Current
$190Low
$482.65Average
$630High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 27, 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 |
|---|---|---|---|---|
| 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 |
| Wells Fargo | Overweight | Overweight | Maintain | May 1, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Feb 4, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Feb 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 current price $434.28. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Morgan Stanley | Analyst unavailable | $600 | $466.41 | +38.2% | Oct 16, 2026 |
| Mizuho Securities | Analyst unavailable | $560 | $473.37 | +28.9% | Oct 15, 2026 |
| Evercore ISI | Alex Virgo | $630 | $475.4 | +45.1% | Oct 9, 2026 |
| Seaport Global | Scott Graham | $580 | $459.33 | +33.6% | Sep 30, 2026 |
| Wells Fargo | Analyst unavailable | $531 | $465.88 | +22.3% | Sep 24, 2026 |
| Morgan Stanley | Analyst unavailable | $575 | $441.87 | +32.4% | Sep 2, 2026 |
| Robert W. Baird | Analyst unavailable | $550 | $469.76 | +26.6% | Aug 20, 2026 |
| UBS | Neal Burk | $515 | $510.86 | +18.6% | Jun 16, 2026 |
| Stephens | Analyst unavailable | $600 | $508.43 | +38.2% | May 4, 2026 |
| Barclays | Analyst unavailable | $503 | $508.43 | +15.8% | May 4, 2026 |
| Morgan Stanley | Analyst unavailable | $565 | $477.97 | +30.1% | Mar 11, 2026 |
| Stephens | Analyst unavailable | $550 | $487.16 | +26.6% | Feb 5, 2026 |
| Mizuho Securities | Analyst unavailable | $575 | $503.86 | +32.4% | Feb 4, 2026 |
| Wells Fargo | Joseph O'Dea | $550 | $503.86 | +26.6% | Feb 4, 2026 |
| Barclays | Julian Mitchell | $481 | $503.86 | +10.8% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $515 | $468.59 | +18.6% | Jan 7, 2026 |
| Barclays | Julian Mitchell | $465 | $477.46 | +7.1% | Jan 7, 2026 |
| Wells Fargo | Joseph O'Dea | $515 | $477.46 | +18.6% | Jan 7, 2026 |
| Mizuho Securities | Analyst unavailable | $500 | $466.78 | +15.1% | Jan 5, 2026 |
| Evercore ISI | Analyst unavailable | $575 | $448.13 | +32.4% | Dec 15, 2025 |
| UBS | Neal Burk | $450 | $448.74 | +3.6% | Dec 12, 2025 |
| Seaport Global | Analyst unavailable | $515 | $470.2 | +18.6% | Oct 29, 2025 |
| Wells Fargo | Joseph O'Dea | $500 | $455.34 | +15.1% | Oct 29, 2025 |
| Barclays | Analyst unavailable | $456 | $455.34 | +5.0% | Oct 29, 2025 |
| Mizuho Securities | Analyst unavailable | $480 | $428.82 | +10.5% | Oct 17, 2025 |
| Wells Fargo | Joseph O'Dea | $490 | $430.15 | +12.8% | Sep 2, 2025 |
| Wells Fargo | Joseph O'Dea | $420 | $410.51 | -3.3% | Jul 1, 2025 |
| Barclays | Analyst unavailable | $422 | $354.95 | -2.8% | Mar 3, 2025 |
| Wells Fargo | Joseph O'Dea | $450 | $433.96 | +3.6% | Jan 7, 2025 |
| Bernstein | Chad Dillard | $535 | $436.93 | +23.2% | Nov 5, 2024 |
| Morgan Stanley | Christopher Snyder | $445 | $433.66 | +2.5% | Oct 30, 2024 |
| Wells Fargo | Joseph O'Dea | $455 | $440.12 | +4.8% | Oct 29, 2024 |
| Morgan Stanley | Chris Snyder | $407 | $370.42 | -6.3% | Sep 6, 2024 |
| Deutsche Bank | Nicole DeBlase | $441 | $370.42 | +1.5% | Sep 5, 2024 |
| Barclays | Julian Mitchell | $368 | $379.8 | -15.3% | Jul 31, 2024 |
| Wells Fargo | Joseph O'Dea | $397 | $370.52 | -8.6% | May 1, 2024 |
| Barclays | Julian Mitchell | $400 | $416.8 | -7.9% | Apr 2, 2024 |
| Morgan Stanley | Analyst unavailable | $238 | $232.65 | -45.2% | Feb 1, 2023 |
| UBS | Analyst unavailable | $225 | $234.49 | -48.2% | Jan 4, 2023 |
| UBS | Analyst unavailable | $254 | $243.86 | -41.5% | Nov 17, 2022 |
| Morgan Stanley | Analyst unavailable | $206 | $205.03 | -52.6% | Jul 27, 2022 |
| Wells Fargo | Analyst unavailable | $188 | $180.9 | -56.7% | Jun 29, 2022 |
| Morgan Stanley | Joshua Pokrzywinski | $190 | $197.96 | -56.2% | Jun 7, 2022 |
| Wells Fargo | Analyst unavailable | $200 | $203.38 | -53.9% | Apr 28, 2022 |
| Mizuho Securities | Brett Linzey | $220 | $185.5 | -49.3% | 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 |
|---|---|---|---|---|
| PCAR PACCAR Inc | FY2026 Q3 · Calendar Q4 2026 | — | -2.0% | PACCAR Q3: Parts Record, Supply Constraints Temper Outlook |
| WSO Watsco, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -2.1% | Watsco posts record Q3 as acquisitions lift sales and digital scale |
| AIT Applied Industrial Technologies, Inc. | FY2027 Q1 · Calendar Q4 2026 | — | -9.4% | AIT raises EPS outlook as Engineered Solutions drives growth |
| LECO Lincoln Electric Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +9.0% | Lincoln Electric raises outlook as automation demand and backlog strengthen |
| BA The Boeing Company | FY2026 Q3 · Calendar Q4 2026 | — | -9.5% | Boeing highlights 737 certification, defense wins and backlog |
| XYL Xylem Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -11.6% | Xylem shifts portfolio as revenue guidance moves lower |
Latest beats and misses
Who reports nextBeat on EPS
- CINFFY2026 Q3 · October 26, 2026+39.5% EPS+2.3% move
- VZFY2026 Q3 · October 26, 2026+3.1% EPS-3.5% move
- CXFY2026 Q3 · October 26, 2026+12.0% EPS-0.1% move
- CDNSFY2026 Q3 · October 26, 2026+2.9% EPS+1.8% move
- BAHFY2027 Q2 · October 23, 2026+18.9% EPS-0.3% move
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
Missed on EPS
- SUIFY2026 Q3 · October 26, 2026-20.0% EPS-4.1% move
- PSA-PIFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PJFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PHFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PFFY2026 Q3 · October 26, 2026-32.1% EPS— move
- PSA-PSFY2026 Q3 · October 26, 2026-32.1% EPS— move
Get the HUBB recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-10-27T18:04:08.442618+00:00
- FN2 earnings calendar · 2026-10-27T01:23:15.065758+00:00
- Polygon adjusted daily market bars · 2026-10-27T18:30:42.573785+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-27T18:30:42.570910+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 2026-10-27. For educational purposes only; not investment advice.