Why Are Investors & Analysts Interested In Alliant Energy Stock (LNT)?

Alliant Energy LNT +1.70% ▲ stock was up on Friday as investors weigh Wall Street’s opinions on the electricity and natural gas services company. The stock heated up earlier this week alongside updated estimates for its upcoming earnings report on April 30, 2026. This saw Zacks Research lower its earnings per share estimate to 82 cents from 87 cents. For the record, Wall Street’s consensus EPS estimate for Q1 2026 is 85 cents.

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Interestingly, Zacks Research’s lowered EPS estimate came at about the same time that an analyst initiated bullish coverage of Alliant Energy shares. RBC Capital analyst Stephen D’Ambrisi initiated coverage of LNT stock on Wednesday, with a Buy rating and an $82 price target. Investors will note that this price target represents a potential 14.57% upside for Alliant Energy stock and is the highest among Wall Street’s analysts.

Investors have another reason to be interested in Alliant Energy. The company has a contract to provide energy to one of Meta Platforms’ META -3.83% ▼ data centers. This is focused on the data center project in Beaver Dam, Wisconsin. This data center will be focused on AI. Considering the recent AI boom, it makes sense that this contract would spark investor interest in LNT stock.

Alliant Energy Stock Movement Today

Alliant Energy stock was up 0.6% in pre-market trading on Friday, following a 1.07% rally yesterday. The shares have also increased 10.99% year-to-date and 13.69% over the past 12 months. Trading activity today was below average, despite the recent interest in LNT stock.

Is Alliant Energy Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Alliant Energy is Moderate Buy, based on five Buy and three Hold ratings over the past three months. With that comes an average LNT stock price target of $75, representing a potential 4.79% upside for the shares.

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