Hubbell Incorporated
HUBB
$485.41
+1.02%
Hubbell Incorporated is a century-old electrical equipment manufacturer that produces components for power transmission, distribution, and commercial/industrial buildings, with over 75 brands and ~90% of revenue from the U.S. market. As a dominant player in the electrical equipment industry, Hubbell leverages its extensive brand portfolio and deep relationships with utilities and contractors to maintain a competitive moat. The current investor narrative centers on the company's strategic pivot to capitalize on the electrification megatrend, highlighted by its $3 billion acquisition of NSI announced in May 2026, which is expected to boost earnings and accelerate growth. Additionally, the stock is under scrutiny for its ability to sustain margin expansion amid rising input costs and the integration of large acquisitions.…
HUBB
Hubbell Incorporated
$485.41
Related headlines
HUBB 12-Month Price Forecast
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Hubbell Incorporated's 12-month outlook, with a consensus price target around $631.03 and implied upside of +30.0% versus the current price.
Average Target
$631.03
1 analysts
Implied Upside
+30.0%
vs. current price
Analyst Count
1
covering this stock
Price Range
$388 - $631
Analyst target range
Only 1 analyst covers Hubbell, with a consensus recommendation leaning bullish (no explicit distribution provided, but the average EPS estimate is $24.05 for the current year). The average target price is not directly given, but based on the forward P/E of 21.6x and estimated EPS of $24.05, the implied target is approximately $519.48, representing about 6.6% upside from the current price of $487.10. The consensus is cautiously optimistic, given the limited coverage. The estimated EPS range is $23.80 to $24.28, and revenue estimates range from $6.91 billion to $7.66 billion, indicating moderate uncertainty. The high target of $24.28 EPS assumes successful integration of NSI and continued margin expansion, while the low target of $23.80 EPS prices in potential headwinds from cost inflation or slower electrification spending. Institutional ratings show a mix: Morgan Stanley rates Equal Weight, Evercore ISI Outperform, Barclays Equal Weight, JP Morgan Neutral, and Wells Fargo Overweight, suggesting a balanced but slightly positive sentiment. The wide spread in revenue estimates ($690M to $766M) signals high uncertainty around the acquisition's impact, but the tight EPS range suggests analysts have higher conviction on earnings.
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HUBB Technical Analysis
Hubbell's stock is in a moderate uptrend over the past year, with a 1-year price change of +17.34%, though it has underperformed the S&P 500's 19.1% gain. The current price of $487.10 sits at 86.1% of its 52-week range ($403.82 low to $565.50 high), indicating it is closer to the highs but not overextended, suggesting positive momentum but room for further upside. The stock's beta of 0.892 implies it is slightly less volatile than the market, offering relative stability. Short-term momentum shows a mixed picture: the 1-month change is +1.38%, while the 3-month change is -1.45%, indicating a recent pullback from the April highs. This divergence from the 1-year uptrend could signal a temporary consolidation phase rather than a reversal, as the 1-month relative strength vs. SPY is +2.63%, showing recent outperformance. The RSI is not directly provided, but the price action suggests a loss of short-term momentum after the stock peaked near $557 in late April. Key support is at the 52-week low of $403.82, while resistance is at the 52-week high of $565.50. A breakout above $565.50 would signal a resumption of the uptrend, while a breakdown below $403.82 would indicate a bearish reversal. With a beta of 0.892, the stock is less volatile than the market, meaning it may offer downside protection but also less upside in strong rallies.
Beta
0.89
0.89x market volatility
Max Drawdown
-17.4%
Largest decline past year
52-Week Range
$404-$565
Price range past year
Annual Return
+16.2%
Cumulative gain past year
| Period | HUBB Return | S&P 500 |
|---|---|---|
| 1m | -0.2% | +2.0% |
| 3m | -9.4% | +10.6% |
| 6m | +3.2% | +8.3% |
| 1y | +16.2% | +20.4% |
| ytd | +4.8% | +10.2% |
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HUBB Fundamental Analysis
Hubbell's revenue trajectory is solidly growing, with Q4 2025 revenue of $1.493 billion, up 11.87% year-over-year from $1.334 billion in Q4 2024. The multi-quarter trend shows accelerating growth: Q1 2025 revenue was $1.365 billion (+2.5% YoY), Q2 2025 $1.484 billion (+2.2% YoY), Q3 2025 $1.502 billion (+4.1% YoY), and Q4 2025 $1.493 billion (+11.9% YoY). The Utility Solutions segment ($935.9 million) drives the majority of revenue, benefiting from grid modernization and electrification spending, while the Electrical segment ($556.8 million) provides steady industrial and commercial demand. This growth trajectory supports the investment case, especially with the NSI acquisition expected to add further scale. Profitability is strong: net income for Q4 2025 was $224.2 million, with a net margin of 15.0%, up from 14.8% in Q4 2024. Gross margin improved to 35.4% in Q4 2025 from 33.8% in Q4 2024, reflecting better cost management and mix. Operating margin expanded to 21.1% from 19.3% a year ago, indicating operational leverage. The company is consistently profitable, with trailing twelve-month net income of $893.6 million, and margins are trending upward, which is positive for the investment case. Balance sheet health is solid: debt-to-equity is 0.68, manageable, and the current ratio is 1.72, indicating adequate liquidity. Free cash flow for Q4 2025 was $388.8 million, and trailing twelve-month FCF was $874.7 million, providing ample cash for dividends (yield 1.21%) and acquisitions. ROE is 23.1%, reflecting efficient capital use. The company generated $447.5 million in operating cash flow in Q4 2025, easily covering capex of $58.7 million, so it does not rely on external financing for growth.
Quarterly Revenue
$1.5B
2025-12
Revenue YoY Growth
+11.87%
YoY Comparison
Gross Margin
35.37%
Latest Quarter
Free Cash Flow
$874700000.0B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
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Valuation Analysis: Is HUBB Overvalued?
Since net income is positive, the primary valuation metric is the P/E ratio. The trailing P/E is 26.7x, while the forward P/E is 21.6x, implying the market expects earnings growth of about 23% over the next year. The gap between trailing and forward P/E suggests optimism about future earnings acceleration, likely driven by the NSI acquisition and organic growth. Compared to the electrical equipment industry, Hubbell trades at a premium. The industry average P/E is approximately 22x (based on typical sector data), so Hubbell's trailing P/E of 26.7x represents a 21% premium. This premium is justified by superior profitability (net margin 15.2% vs. industry average ~10%) and strong growth, but investors should monitor whether the premium can be sustained. Historically, Hubbell's trailing P/E has ranged from 13.8x (Q1 2022) to 37.9x (Q1 2024). The current 26.7x is near the middle of this range, suggesting it is not excessively overvalued. The P/B ratio of 6.14 is also near the historical average, indicating the stock is fairly valued relative to its own history. The PEG ratio of 1.78 suggests the stock is reasonably priced relative to its growth rate.
PE
26.7x
Latest Quarter
vs. Historical
Mid-Range
5-Year PE Range 14x~38x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
19.2x
Enterprise Value Multiple

