Key Highlights

● HUBB closed at $473.74 on 9 October 2026.

● Market data consensus target is $556.78, implying about 17.5% upside.

● Targets range from $503.00 to $630.00.

● Evercore reiterated its rating with a $630 target on 9 October.

On Friday 9 October 2026, Hubbell (NYSE:HUBB), a member of the S&P 500, closed at $473.74. Analyst targets sit well above that level, with the consensus implying upside of about 17.5%, and ratings lean positive.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $556.78 from 11 ratings in the past 12 months, with a high of $630.00 (Evercore) and a low of $503.00 (Barclays). Against the $473.74 close, the consensus target suggests upside of about 17.5%. The second data set shows a slightly higher mean of $560.58 and a median of $562.50, with a high of $630 and a low of $502 across 14 analysts, implying about 18.2% above its quoted price of $474.11.

What Are Wall Street Analysts Saying?

Market data's ratings table shows 1 Strong Buy, 5 Buy, 5 Hold and no Sell ratings, which it summarises as a Moderate Buy consensus. The second data set lists 7 Strong Buy and 7 Hold, with a consensus rating of Buy.

Named broker activity over the past three months includes the following. Evercore reiterated an Outperform rating with a $630 target on 9 October 2026. Wells Fargo initiated coverage on 24 September with an Equal Weight rating and a $531 target. Morgan Stanley raised its target from $565 to $575 on 2 September, keeping an Equal Weight rating. Robert W. Baird initiated coverage on 20 August with an Outperform rating and a $550 target, and Sanford C. Bernstein reiterated Outperform on 29 July without a target shown. An independent ratings service upgraded the stock from Buy (B-) to Buy (B) on 8 October.

What Could Help the Stock Reach the Price Target?

The consensus target suggests analysts see meaningful room above the current share price. If the company continues to deliver results that meet or exceed expectations, brokers may have reason to maintain or lift their forecasts, which could narrow the gap between the share price and the consensus.

What Could Prevent the Stock Reaching the Target?

The consensus rests on a small group of analysts, so a handful of changes could move the average materially. Half of the market data ratings are Hold, and the two most cautious named targets, Wells Fargo at $531 and Baird at $550, still sit above the share price, which means any disappointment at the next results could quickly shift sentiment.

What Should Investors Watch Next?

In the meantime, investors may wish to watch for further broker target revisions, additional coverage initiations and any changes in the Hold and Buy balance.

How Analysts See Hubbell After the Latest Close

Hubbell closed at $473.74 on 9 October 2026, against a market data consensus target of $556.78. Evercore reiterated an Outperform rating with a $630 target on 9 October 2026.