WallStSmart
HUBB

Hubbell Inc

NYSE: HUBB · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS

$545.93
+0.22% today

Updated 2026-04-29

Market cap
$29.02B
P/E ratio
33.01
P/S ratio
4.97x
EPS (TTM)
$16.54
Dividend yield
0.99%
52W range
$342 – $566
Volume
0.5M

Hubbell Inc (HUBB) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$545.93
Consensus
$517.88
-5.14%
2030 Target
$1,927.58
+253.08%
DCF
$295.25
-74.78% MoS
8 analysts:
4 Buy4 Hold0 Sell

Management guidance

No specific multi-year revenue targets disclosed by management in available materials. Most recent guidance (Feb 2026) implied continued strong data center and electrification-driven growth, with Q4 2025 revenue of $1.49B (+11.87% Q/Q). Management has not provided explicit 2026-2030 revenue guidance.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$3,212.63
$8.5B Rev × 20x P/S
Base case (2030)
$1,927.58
$8.5B Rev × 12x P/S
Bear case (2030)
$1,285.05
$8.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$5.4B$5.6B$5.8B$6.5B$6.8B$7.3B$7.8B$8.5B
Revenue growth4.8%3.8%10.3%5.5%6.6%8.3%8.5%
EPS$15.32$16.56$18.33$20.13$21.99$24.50$27.40$30.50
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$1,433.33$1,532.18$1,631.03$1,779.30$1,927.58

Catalysts & risks

Growth catalysts
+ Data center electrification and off-grid power demand (40% of new builds with full off-grid power expected)
+ Grid modernization and electrical infrastructure upgrades across North America
+ PowerGain product portfolio adoption for distributed power solutions
+ Continued AI/cloud computing capex cycles (Meta, Microsoft, hyperscalers)
+ Potential M&A or margin expansion initiatives
Key risks
- Data center capex cycle slowdown or normalization post-2027
- Insider selling activity (conflicting signals despite institutional buying)
- Valuation at 29.9x P/E and 23.2x Forward P/E limits upside cushion
- Deceleration of near-term growth (5.5% projected 2027 vs 10.3% in 2026)
- Supply chain or manufacturing disruptions in electrical equipment sector

Methodology

Hubbell Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.