Hubbell Hikes 2026 Sales Outlook to 16-18% on Data-Center Boom
HUBB sits 20% above its 52-week low of $403.82 on elevated volume (2.4× avg).
Summary
Hubbell raised its 2026 sales growth forecast to 16%–18%, up sharply from prior expectations, driven by ~50% growth in data-center sales. Organic growth is seen at 9%–11%. Adjusted operating margin is guided to 23.1%–23.4% and adjusted EPS to $20.25–$20.55. This follows the Q2 beat and guidance raise reported in the 8-K filed yesterday, but the new headline provides specific, upgraded numbers that materially improve the outlook. The data-center surge underscores strong demand from hyperscalers, a key growth vector. With the NSI acquisition closing and financing complete, the raised guidance signals integration is on track and end-market strength is accelerating.
At the time of this announcement, HUBB was trading at $485.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $25.6B. The 52-week trading range was $403.82 to $565.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.