HSBC starts coverage of WEC Energy Group stock at USD 106.50
Published on 10/25/2026 at 13:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and reporting dates
- HSBC began coverage with a USD 106.50 target on October 22, 2026.
- Second-quarter revenue reached USD 2.06 billion, up 2.60 percent year over year.
- WEC Energy Group will publish third-quarter results on October 29, 2026.
WEC Energy Group (ISIN US92939U1060) received a USD 106.50 price target as HSBC began coverage on October 22, 2026, according to MarketScreener. The bank assigned a Hold rating, placing the target below the USD 111.09 NYSE close from October 23, 2026.
HSBC sets a cautious marker
HSBC's USD 106.50 target was the latest in a series of analyst actions. MarketScreener listed KeyBanc's target at USD 111.00 on October 13, 2026, down from USD 117.00, while Jefferies cut its target to USD 116.00 from USD 120.00 on October 21, 2026.
Three recent markers
On October 13, 2026, KeyBanc reduced its target from USD 117.00 to USD 111.00. On October 15, 2026, WEC Energy Group declared a quarterly dividend of USD 0.9525 per share, according to WEC Energy Group. HSBC's October 22, 2026 coverage followed with the USD 106.50 target.
What does the next report add?
The second-quarter numbers provide the operating reference before the next release. Revenue rose 2.60 percent year over year to USD 2.06 billion, while earnings per share reached USD 0.91 versus USD 0.80 consensus, according to MarketBeat. The figures point to a result that exceeded the earnings estimate while revenue remained the more moderate growth measure.
Dates for shareholders
WEC Energy Group will release third-quarter results before the NYSE opens on October 29, 2026, with its investor call scheduled for 1:00 p.m. CT, according to WEC Energy Group. The dividend record date is November 13, 2026, and payment is scheduled for December 1, 2026.
Valuation and market context
WEC last stood at USD 111.09 on the NYSE on October 23, 2026 at 4:00 p.m. ET. Its 52-week range was USD 99.80 to USD 119.91, and market capitalization was USD 36.2 billion as of that date. The further course of trading is shown by the continuously updated real-time quote of WEC Energy Group stock.
WEC Energy Group at a glance
- Company: WEC Energy Group, Inc.
- ISIN: US92939U1060
- Ticker: WEC
- Primary exchange: NYSE
- Market capitalization: USD 36.2 billion (as of October 23, 2026)
- 52-week range: USD 99.80-119.91 (as of October 23, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Index membership: S&P 500
Market context: Market report S&P 500.
