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↑Improving
- Negative Free Cash Flow Red Flag↑Improving
- Price Above Resistance No Upside↓Deteriorating
- +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· older than 90 days
Alliant Energy Corporation (LNT) Stock Analysis
Utilities · Utilities - Regulated Electric
Sell if holding. Analyst target reached at $73.77 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1).
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
Sell if holding. Analyst target reached at $73.77 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.6/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 105d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. 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 $750. FERC grants IPL and WPL market-based rate authorization for wholesale electric sales within the MISO market, with cost-of-service formula rates available for firm wholesale requirements. Non-utility subsidiary AEF holds a 16% ownership interest in ATC Holdings, a 50% cash equity interest in a 225 MW non-utility wind farm in Oklahoma, and Travero — a supply chain company with short-line rail, barge terminal, and freight brokerage operations in Iowa and Illinois.
Show full overview
IPL's most recent rate review resulted in a retail electric rate base moratorium running from October 2025 through September 2029, during which IPL cannot file for rate increases — constraining revenue recovery as capital investment in solar and storage continues. The One Big Beautiful Bill Act could accelerate termination of production and investment tax credits, which Alliant Energy warns may materially limit its ability to sell or transfer eligible renewable tax credits at reasonable terms, potentially affecting cash flows from the ongoing renewable buildout and rate-base growth plans.
See also: Utilities · Utilities - Regulated Electric
From Alliant Energy Corporation's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated Oct 29, 2026Recent Developments — Alliant Energy Corporation
Latest news
- NEWS ALLIANT ENERGY ($LNT) Releases Q3 2026 Earnings - Quiver Quantitative — Quiver Quantitative Oct 29, 2026 neutral
- NEWS Earnings Flash (LNT) Alliant Energy Corporation Reports Q3 Revenue $1.28B, vs. FactSet Est of $1.26B - marketscreener.co — marketscreener.com Oct 29, 2026 positive
- NEWS Alliant Energy Secures DOE-Backed Long-Term Loan Facilities - The Globe and Mail — The Globe and Mail Oct 29, 2026 positive
- NEWS RBC Capital Sticks to Their Buy Rating for Alliant Energy (LNT) - The Globe and Mail — The Globe and Mail Oct 29, 2026 positive
- NEWS Alliant Energy (LNT) Secures $5.1B DOE Loan to Support Energy Pr - GuruFocus — GuruFocus Oct 28, 2026 positive
Latest item Oct 29, 2026 · Generated 2026-11-05T11:49:10Z.
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
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $73.77 — A.R:R is negative (-0.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $70.85. Score 5.6/10, moderate confidence.
Analyst target $66.02 reached (−10.5% from $73.77); no take-profit level is published. Prior stop was $70.85. Stop-loss: $70.85.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1); Leverage penalty (D/E 1.6): -1.0.
Alliant Energy Corporation trades at a P/E of 20.5 (forward 20.0). TrendMatrix value score: 4.8/10. Verdict: Sell.
19 analysts rate LNT, with a consensus score of 3.8/5. 13 analysts publish price targets averaging $76.
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.