BofA cuts target for Southern Company stock to USD 92

Published on 10/15/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern reported Q2 revenue of USD 6.98 billion versus USD 7.23 billion expected. Southern Company stock costs EUR 80.67 on October 15, 2026.

Targets and operating figures

BofA lowered its Southern Company target from USD 100 to USD 92 on October 13, 2026.
Second-quarter revenue reached USD 6.98 billion against USD 7.23 billion expected.
Southern Company stock trades at EUR 80.67 at 9:38 a.m. CEST at Lang & Schwarz on October 15, 2026.

Pop-Art-Comic-Illustration eines Kraftwerks mit Strommasten und Sonnenstrahlen — Southern Company US8425871071 präsentiert eine farbenfrohe Pop-Art-Comic-Szene mit Kraftwerk und Strommasten unter Sonne, Illustration mit AI erstellt.

Southern Company (ISIN US8425871071) was quoted at EUR 80.67 at Lang & Schwarz on October 15, 2026, at 9:38 a.m. CEST. The latest analyst move came from BofA, which lowered its price target from USD 100 to USD 92 on October 13, 2026, while keeping a Neutral rating, according to Markets Insider.

Target cuts reset expectations

BofA expects Southern to report operating earnings per share of USD 1.65 for the third quarter, in line with company guidance and consensus, and expects the utility to reaffirm its long-term earnings growth outlook. The target reduction therefore puts more weight on execution and funding than on a change to the regulated utility model.

KeyCorp also lowered its target from USD 79 to USD 74 and retained an Underweight rating on October 13, 2026, according to MarketBeat. The split between Neutral and Underweight views highlights the near-term pressure from capital spending and debt even as electricity demand remains a long-term support.

What did the latest quarter show?

Southern reported USD 6.98 billion in second-quarter 2026 revenue and USD 1.03 in diluted earnings per share. Revenue was below the USD 7.23 billion consensus cited by MarketBeat, while earnings per share exceeded the USD 1.01 consensus. Operating profit was USD 1.78 billion in the second quarter of 2026, and operating cash flow reached USD 3.05 billion in the same period.

Three dated developments

On July 29, 2026, Southern reported second-quarter adjusted earnings per share of USD 1.13 against USD 0.99 expected, while revenue reached USD 6.98 billion against USD 7.24 billion expected, according to MarketBeat. On October 10, 2026, Southern said its electric utilities had restored service to approximately 420,000 customers after Hurricane Isaias, according to PR Newswire. On October 13, 2026, BofA cut its target from USD 100 to USD 92.

Two dates set the next test

Southern plans to release third-quarter 2026 results on November 5, 2026, at 7:30 a.m. ET and hold its analyst call at 1:00 p.m. ET, according to Yahoo Finance. Those figures will show whether the company can match the USD 1.65 operating earnings per share expectation while managing its investment program.

Stock quote and investor context

The Southern Company operates regulated electric and gas utilities across the southeastern United States. Its NYSE quote closed at USD 89.38 on October 14, 2026, with a market capitalization of USD 102.8 billion and a 52-week range of USD 81.69 to USD 100.84. The German trading perspective remains centered on the EUR 80.67 Lang & Schwarz indication.

Southern Company was trading at EUR 80.67 at Lang & Schwarz on October 15, 2026, at 9:38 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Southern Company stock.