Three of the last four quarters beat earnings estimates, the stock has formed a golden cross above all moving averages with volume accumulation, and peer-relative margins rank among the best in the sector; the critical offset is that free cash flow is negative — converting at negative 146% of net income — and the share price has already moved above the near-term resistance target, leaving no upside buffer at current levels.
Thesis pillars
- Earnings Beat Streak Three Of Four→Stable
- Negative Free Cash Flow Red Flag→Stable
- Price Above Resistance No Upside→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 20, 2026
Alliant Energy Corporation (LNT) Stock Analysis
Utilities · Utilities - Regulated Electric
Wait for pullback to $68.49. Price sits above the model's entry target of $68.49; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5).
Alliant Energy is a regulated investor-owned utility holding company serving approximately 1,010,000 electric and 435,000 natural gas customers in Iowa and Wisconsin through subsidiaries IPL and WPL. Revenue is earned through retail and wholesale electric and natural gas rates... Read more
Wait for pullback to $68.49. Price sits above the model's entry target of $68.49; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5). Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Score 4.6/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: moderate.
About Alliant Energy Corporation
About Alliant Energy Corporation
Alliant Energy served approximately 1,010,000 electric and 435,000 natural gas retail customers across Iowa and Wisconsin at December 31, 2025, through IPL (Iowa, regulated by the IUC) and WPL (Wisconsin, regulated by the PSCW), with FERC overseeing wholesale electric and interstate natural gas operations. The company employed 2,948 people, with 58% covered by collective bargaining agreements, and held a 16% ownership stake in American Transmission Company through non-utility subsidiary AEF.
Alliant Energy earns regulated revenue at cost-of-service rates, where the IUC and PSCW respectively authorize returns on equity and the retail rates customers pay. IPL operates under a retail electric rate base moratorium from October 2025 through September 2029 following its most recent rate review, limiting upward rate adjustments during that period. WPL contributes 1.2% of annual retail revenues to Wisconsin's Focus on Energy program, recovered through a monthly surcharge capped at the lesser of 3% of customers' bills or $750. FERC grants IPL and WPL market-based rate authorization for wholesale electric sales within the MISO market, with cost-of-service formula rates available for firm wholesale requirements. Non-utility subsidiary AEF holds a 16% ownership interest in ATC Holdings, a 50% cash equity interest in a 225 MW non-utility wind farm in Oklahoma, and Travero — a supply chain company with short-line rail, barge terminal, and freight brokerage operations in Iowa and Illinois.
Show full overview
IPL's most recent rate review resulted in a retail electric rate base moratorium running from October 2025 through September 2029, during which IPL cannot file for rate increases — constraining revenue recovery as capital investment in solar and storage continues. The One Big Beautiful Bill Act could accelerate termination of production and investment tax credits, which Alliant Energy warns may materially limit its ability to sell or transfer eligible renewable tax credits at reasonable terms, potentially affecting cash flows from the ongoing renewable buildout and rate-base growth plans.
See also: Utilities · Utilities - Regulated Electric
From Alliant Energy Corporation's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-10-29Recent Developments — Alliant Energy Corporation
Latest news
- NEWS Alliant Energy (LNT) Secures $5.1B DOE Loan to Support Energy Pr - GuruFocus — GuruFocus positive
- NEWS DoE finalizes $5.1B loan to Alliant Energy for power projects, energy storage (LNT:NASDAQ) - Seeking Alpha — Seeking Alpha positive
- NEWS LNT Maintained by BMO Capital -- Price Target Lowered to $80 - GuruFocus — GuruFocus neutral
- NEWS Alliant (LNT) Investment Case | Q4 2025: Profit Surprises - Expert Verified Trades - UBND thành phố Hải Phòng — UBND thành phố Hải Phòng positive
- NEWS Alliant Energy (NasdaqGS:LNT) Stock Forecast & Analyst Predictions - Simply Wall Street — Simply Wall Street neutral
Generated 2026-10-29T11:14:33Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMregulatoryIUC (Iowa)10-K Item 1: 'IPL is subject to regulation by the IUC for various matters including, but not limited to, retail utility rates'
- MEDIUMregulatoryPSCW (Wisconsin)10-K Item 1: 'WPL is subject to regulation by the PSCW related to its operations in Wisconsin'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $68.49. Price sits above the model's entry target of $68.49; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5). Chart setup: No clear chart pattern; technical signals are mixed. Earnings today. Wait until post-earnings. Analyst target $65.15 reached (−6.1%), stop $66.13 (−4.9%), A.R:R -0.6:1. Score 4.6/10, moderate confidence.
Analyst target $65.15 reached (−6.1% from $69.37); no take-profit level is published. Analyst target $65.15 reached (−6.1%), stop $66.13 (−4.9%), A.R:R -0.6:1. Stop-loss: $66.13.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Leverage penalty (D/E 1.6): -1.0.
Alliant Energy Corporation trades at a P/E of 21.5 (forward 18.8). TrendMatrix value score: 5.1/10. Verdict: Buy (Wait for Entry).
18 analysts cover LNT with a consensus score of 3.8/5. Average price target: $75.
What does Alliant Energy Corporation do?Alliant Energy is a regulated investor-owned utility holding company serving approximately 1,010,000 electric and...
Alliant Energy is a regulated investor-owned utility holding company serving approximately 1,010,000 electric and 435,000 natural gas customers in Iowa and Wisconsin through subsidiaries IPL and WPL. Revenue is earned through retail and wholesale electric and natural gas rates authorized by the IUC, PSCW, and FERC, with 2,948 employees at December 31, 2025.