Mizuho Cuts Hubbell (HUBB) Price Target to $560

Mizuho has reiterated its Outperform rating on Hubbell, adjusting its price target down to $560 from $575, a 21.62% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:19 PM EDT

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Mizuho cut its price target on Hubbell Incorporated ($HUBB) to $560 from $575 on October 15, 2026, and rates the stock "Outperform".

Since the rating, $HUBB is down 0.8% to date (from the $464.71 close on Oct 15, 2026).

HUBB Hubbell Incorporated

$461.10 +0.46% year to date

Daily close · Oct 16, 2026

Key Points

Mizuho reiterated its Outperform rating on Hubbell Incorporated, adjusting the price target to $560 from a previous target of $575.
Mizuho's $560 price target implies 21.62% upside from Hubbell Incorporated's ($HUBB) current $460.44 share price.
The stock closed at $460.44 on Friday, October 15, and is currently trading below its 52-week high of $565.50.
The overall analyst consensus remains a buy rating with a mean target of about $565.73.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Hubbell Incorporated alert may contain errors. Disclosures

Mizuho has reiterated its Outperform rating on Hubbell Incorporated (NYSE: HUBB) and adjusted its price target to $560, down from $575. This update was made on October 15, 2026, with the stock closing at $460.44 the same day.

Analyst rating track record

Mizuho vs. the S&P 500

YTD return -4.83% hypothetical

All-time return -4.83% S&P 500 +0.72%

vs. S&P 500 -5.55% behind the index

Hypothetical returns from Mizuho's disclosed trades, not real profit or advice. How we model this.

Mizuho's Call on Hubbell

Mizuho's latest action reflects its confidence in Hubbell's performance, despite lowering the price target. The new target of $560 suggests that analysts expect the stock to rise from its current position. The adjusted rating indicates Mizuho's ongoing belief in the company's growth potential within the electrical and utility solutions industry.

Other Institutional Activity in Hubbell

Blackrock Inc. grew its holdings by 256,917 shares, bringing its total to 4,694,163 shares, valued at about $2.17 billion. State Street Corporation added 72,433 shares, ending with 2,386,602 shares worth approximately $1.1 billion. Massachusetts Financial Services Co. increased its position by 8,457 shares, now holding 1,546,097 shares valued at around $713.4 million. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC trimmed their stakes, with Vanguard Capital selling 5,187 shares and Vanguard Portfolio reducing by 1,339 shares.

Hubbell Incorporated Stock Down 0.9%

The shares of Hubbell are currently trading at $460.44, which is below its 50-day average of $475.87 and its 52-week high of $565.50. This positioning might present a potential opportunity for investors as the stock is moving toward its target price set by Mizuho.

12-month forecast

$HUBB price target

Hubbell Incorporated daily closes and this analyst's $560 target. Not advice.

Recent Earnings

Hubbell reported revenue of approximately $6.22 billion and an EPS of $16.89 for its latest quarter, showing solid financial performance. The next earnings report is set for October 27, 2026, which may provide further insights into the company’s ongoing growth.

Insider Buying and Selling at Hubbell Incorporated

Recent insider transactions show that Officer Jonathan M. Del Nero sold 547 shares at an average price of $518.56 on August 11, 2026, totaling about $283,653. Another Officer, Mark Eugene Mikes, sold 2,601 shares at an average price of $523.73 on February 17, 2026, for a value of around $1.36 million.

Analysts Set New Price Targets

On October 15, 2026, Mizuho maintained its Outperform rating with a target of $560. Earlier, on September 25, 2026, Wells Fargo initiated coverage with an Equal-Weight rating and a target of $531. Morgan Stanley also maintained its Equal-Weight rating with a price target of $575 on September 2, 2026. The current consensus among analysts is a buy rating with a mean price target of approximately $565.73.

About Hubbell Incorporated

Hubbell Incorporated, based in Shelton, CT, manufactures and sells electrical and utility solutions. The company operates through two segments: Electrical Solutions and Utility Solutions. This diversification allows Hubbell to maintain a strong presence in the industrial market.

Bottom Line

Investors will be watching Hubbell closely, especially with the upcoming earnings report on October 27, 2026. The recent analyst actions, including Mizuho's reiteration of its rating, indicate continued confidence in the company's future performance. As always, remember that the 13F filings reflect past holdings and may not represent the current positions of these investors.