LNT

Nasdaq

ALLIANT ENERGY CORP

Utilities, Electric Utilities

$69.37

close 7 Aug 2026

+6.20%

52-week change

$17.92B

market cap

$63.28

$78.81

52-week range

Expected price

$61.67 – $75.37

Current price

$69.37

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)21.81x

P/S (TTM)4.06x

P/B2.41x

EV/EBITDA (TTM)15.36x

FCF yield (TTM)-4.34%

PEG (TTM, GAAP)4.57

Context

P/E, own 5-year average21.27x

P/E, sector median21.33x*

Price at 5-year median P/E$67.67*

Indicated dividend yield3.08%

Forward — analyst consensus

Forward P/E (FY2026)20.20x*

Forward P/E (FY2027)18.82x

Forward PEG2.76*

Consensus EPS FY2026 (5 analysts)$3.43

EPS growth (FY2026→FY2027)7.33%

Revenue growth (FY2026)4.97%

Street view

Price target (mean)$78.81*

Target upside13.60%

Ratings (buy / hold / sell)9 / 5 / 0

FY2026 EPS revisions, 30d (up / down)1 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$69.37

Cash & equivalents$115.00M

Total debt$11.01B

Shares outstanding258.28M

Result

DCF price per share-$110.32

Current price$69.37

Margin of safety-259.04%

PV of years 1–10-$6.68B

PV of terminal value-$10.93B

Equity value-$28.49B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$815.85M	-$856.64M	-$899.47M	-$944.45M	-$991.67M	-$1.04B	-$1.09B	-$1.15B	-$1.21B	-$1.27B	-$23.59B
PV	-$755.42M	-$734.43M	-$714.03M	-$694.20M	-$674.91M	-$656.17M	-$637.94M	-$620.22M	-$602.99M	-$586.24M	-$10.93B

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026