Southern Company stock trades 0.1 percent above its yearly low

Southern Company stock trades at USD 83.27 on the NYSE on September 24, 2026, only 0.1 percent above its 52-week low of USD 83.17. The immediate company story is a Google-backed nuclear power agreement that still requires regulatory approval.

Google deal adds nuclear capacity

As Barchart reported on September 24, 2026, Georgia Power and Google agreed to expand output from Southern Company nuclear units at Vogtle and Hatch. The plan could add 96 megawatts, while the Georgia Public Service Commission must approve the tariff and related upgrades.

The structure is important because Google would support the uprate work and receive the related zero-emission credits. Southern Company said the arrangement is designed to protect customers outside the program from added costs, giving the project a regulatory rather than purely commercial hurdle.

Profit beats while revenue misses

Southern Company reported adjusted second-quarter 2026 earnings per share of USD 1.13 against a USD 0.99 consensus estimate, while revenue reached USD 6.98 billion versus an expected USD 7.24 billion, according to Investing.com. The 14.1 percent earnings surprise therefore came with a revenue shortfall, a combination that helps explain the stock's weak position near its yearly low.

Management's full-year adjusted EPS guidance is USD 4.50 to USD 4.60, and first-half adjusted EPS was USD 2.46, Barchart reported. The operating backdrop is more supportive in data centers: related load rose 55 percent year over year in the second quarter, exceeding 1.2 gigawatts.

Stock holds near yearly low

Southern Company stock has a USD 83.17 to USD 100.84 52-week range, placing the September 24 price USD 17.57 below the high. Its market capitalization is USD 95.79 billion on the same date, so the nuclear agreement and the earnings mix now matter alongside the current chart position.