Alliant Energy (LNT) Reaffirms EPS Outlook, Is The Stock Still Cheap?

Alliant Energy (LNT) reaffirmed its 2026 ongoing EPS guidance and highlighted long term grid projects designed to handle higher electricity demand by 2031, a key focus for investors watching the stock’s recent performance.

Recent trading has been choppy for Alliant Energy, with the share price down 5.0% over the past week and 18.1% over 90 days. However, the 3 year total shareholder return of 45.7% and 5 year total shareholder return of 33.1% point to a very different long term experience for investors.

Scan beyond Alliant Energy and compare it with a hand picked group of regulated utilities and infrastructure plays in the 39 power grid technology and infrastructure stocks as the grid build out story gathers pace.

Alliant Energy has dropped in the short term while trading at a discount to both analyst targets and one intrinsic value estimate. Is that gap wide enough to suggest the market is mispricing the stock today?

Most Popular Narrative: 19% Undervalued

Alliant Energy’s most followed narrative points to a fair value of $78.04 per share, compared with a last close of $63.31. This sets up a clear valuation gap for investors to weigh against the data center build out story.

Alliant Energy’s multi year capital plan of about US$13.4b, backed by a balanced funding mix that already includes roughly US$1.8b of pre sold equity out of an expected US$2.4b through 2029, an upgraded credit rating and expanded receivables facilities, gives the company capacity to build out new generation and grid projects that can grow future earnings and rate base tied to contracted demand.

See why 5 investors see Alliant Energy as 19% undervalued.

Result: Fair Value of $78.04 (UNDERVALUED)

Still, the Alliant Energy story relies heavily on 3.4 GW of contracted data center load, along with an additional 2 to 4 GW pipeline actually materializing and covering higher project costs.

Find out about the key risks to this Alliant Energy narrative.

Next Steps

Mixed signals on Alliant Energy’s outlook. If that tension has you curious, consider acting promptly, review the full data set, and weigh the 3 key rewards and 2 important warning signs.

Looking for more investment ideas beyond Alliant Energy?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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