HUBB
Hubbell Inc
NYSE: HUBB · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
$490.16
-1.74% today
Updated 2026-06-05
Market cap
$25.20B
P/E ratio
28.17
P/S ratio
4.20x
EPS (TTM)
$16.93
Dividend yield
1.17%
52W range
$381 – $564
Volume
0.6M
Hubbell Inc (HUBB) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed HUBB price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$490.16
Today
Analyst consensus
$517.88
+5.66% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
8 analysts:
4 Buy4 Hold1 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
HUBB · Hubbell Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
HUBB financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $5.8B | $6.5B | $6.8B | $7.3B | $7.8B | $8.5B |
| Revenue growth | 3.8% | 10.3% | 5.5% | 6.6% | 8.3% | 8.5% |
| Net margin | — | — | — | — | — | — |
| EPS | $18.21 | $20.13 | $21.99 | $24.50 | $27.40 | $30.50 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $1,433.33 | $1,532.18 | $1,631.03 | $1,779.30 | $1,927.58 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $8.5B | $8.5B | $8.5B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because HUBB is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
HUBB catalysts and 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 2030 stock forecast model
Hubbell Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for HUBB by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
HUBB price target FAQ
How is the Hubbell Inc 2030 stock forecast calculated?
The HUBB 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on HUBB stock?
8 analysts cover HUBB with an average 12-month price target of $517.88. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.