01:55 AM EDT, 10/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lift our 12-month target to $515 from $475, valuing shares at 26x our 2026 EPS outlook of $19.80 (up from $19.14; 2025 EPS raised to $18.40 from $17.65). HUBB reported mixed Q3 results with 3% organic sales growth, led by a strong 8% expansion in Electrical Solutions from data center and AI infrastructure demand, while Grid Automation declined 18% due to weak meter projects. Q3 EPS of $5.17 beat consensus by $0.19, supported by margin expansion in Electrical Solutions (up 140 bps to 20.8%) despite Utility Solutions margin compression of 50 bps to 25.7%. We view the raised 2025 EPS guidance to $18.10-$18.30 as encouraging. HUBB's 2026 preview suggests continued momentum across HUBB's portfolio, with expectations for 3%-4% organic growth and further margin expansion. We believe the combination of accelerating data center buildouts and improving utility grid modernization positions HUBB well for sustained growth, particularly as AI infrastructure investment continues to drive electrical solutions demand.