Hubbell Incorporated (HUBB)
NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
$460.72+0.12%
Close 2026-09-04 · 1-day change
NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
Intact: The reason to own it still holds.
Hubbell grows sales 8-11% in 2026, backed by a $3B acquisition. Adjusted EPS is set to rise to about $19.5. The company has a history of beating or meeting earnings estimates. Buybacks support shareholder returns.
Sales growth may slow below 8% due to sector headwinds. EPS guidance is soft and volatile management could miss targets. Debt from acquisitions may pressure the balance sheet.
The price is about 10% above our fair value near $439, reflecting roughly 14% revenue growth expected by analysts. Our fair value is 19% below the Street median, indicating some optimism in the market that we do not fully share.
Breaks if: Adjusted EPS guidance falls below $18.0 for FY26
Breaks if: Leverage ratio rises above 3.5x or buybacks cease amid financial stress
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on organic sales growth and earnings per share (EPS) increases. The current thesis state is intact, supported by recent financial performance and management's commitment to growth targets.
The market appears to have priced in a neutral valuation, with HUBB being relatively cheap compared to its peers. There is a slight expectations gap, indicating that the market may not fully account for the company's potential upside.
Management is on track to achieve its goals of double-digit organic sales growth and increased adjusted EPS for 2026. However, there is moderate risk due to the volatile nature of management and the sector backdrop, which could impact future performance.
The thesis hinges on the performance of sector bellwethers like ETN, VRT, and BE. If these companies continue to perform well, HUBB could benefit from positive sector momentum. Conversely, any negative guidance from these peers could pose a risk to HUBB's growth outlook.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports the view of strong performance. Additionally, AI infrastructure growth reinforces the goal of achieving double-digit organic sales growth in 2026. There are no new threats identified that would weaken this outlook.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: EPS guidance falls below $16.5 for FY26
Breaks if: YoY revenue growth falls below 6% in FY26
Hubbell aims for total sales growth of 8-11% in 2026, including organic growth of 6-9%.
In the next 1-3 years, HUBB's performance will depend on its ability to meet growth targets and navigate sector challenges. Not investment advice.