Truist cuts target for Southern Company stock to USD 93 from USD 97

Published on 10/16/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern Company stock was EUR 79.51 at Lang & Schwarz on October 16, 2026. Results are due November 5 at a USD 102.6 billion market value.

Analyst revisions shape the outlook

Truist cut its target from USD 97 to USD 93 on October 15, 2026.
Second-quarter 2026 revenue was USD 6.98 billion and earnings per share were USD 1.13.
Southern Company stock trades at EUR 79.51 at 10:06 a.m. CEST at Lang & Schwarz on October 16, 2026.

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Southern Company (ISIN US8425871071) faces a lower analyst target after Truist cut its forecast from USD 97 to USD 93 on October 15, 2026. As Markets Insider reported, analyst Richard Sunderland kept a Hold rating. Southern Company stock was EUR 79.51 at Lang & Schwarz at 10:06 a.m. CEST on October 16, 2026.

Recent targets point to caution

The Truist revision came ahead of Southern Company's third-quarter results and focused attention on regulatory uncertainty around Georgia. A second recent estimate offers a more constructive counterpoint: MarketBeat reported that KeyCorp raised its third-quarter 2026 earnings-per-share estimate from USD 1.66 to USD 1.74 on October 12, 2026, while retaining an Underweight rating and a USD 74.00 target.

Three dated Southern Company milestones

Southern Company listed a USD 0.76 quarterly dividend on July 20, 2026, and USD 1.65 billion of convertible senior notes on August 3, 2026. The October 15, 2026, Truist target cut is the latest of the three events.

For comparison, the company's second-quarter 2026 revenue reached USD 6.98 billion and earnings per share were USD 1.13, according to Nasdaq. The same report said the result exceeded the consensus earnings-per-share estimate of USD 1.01 by USD 0.12, while revenue was below the USD 7.23 billion estimate.

What comes next for earnings?

The next scheduled reporting date is November 5, 2026, when Southern Company is due to release third-quarter results at 7:30 a.m. ET, according to its official release archive. That date gives investors a clear checkpoint for testing the competing signals from lower targets and higher earnings estimates.

Stock quote and company scale

The Southern Company operates regulated electric utilities and gas businesses in the United States. Its market capitalization was USD 102.6 billion as of October 16, 2026, while its primary listing is on the NYSE under ticker SO. The stock's USD 81.69 to USD 100.84 52-week range frames the valuation discussion in its home market.

Southern Company stock was trading at EUR 79.51 at Lang & Schwarz on October 16, 2026 at 10:06 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Southern Company stock.