Hydro One Price Target | Analysis, Price & Growth Outlook

Hydro One

TSX:H

C$ 58,57

+ C$0,09 (0,15%)

58,57 C$

+C$0,09 (0,15%)

End-of-day quote: 04/09/2026

Hydro One Stock Value

Analysts currently rate Hydro One as Hold.

Hold

Hydro One Company Info

EPS Growth 5Y

5,58%

Market Cap

C$35,08 B

Long-Term Debt

C$18,09 B

Short Interest

3,35%

Annual earnings

N/A

Dividend

C$1,34

Dividend Yield

2,28%

Founded

2015

Industry

Utilities

Country

Canada

ISIN Number

CA4488112083

Website

http://www.hydroone.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$57,00

-2.68%

Last Update: 04/09/2026

Analysts: 15

Highest Price Target C$66,00

Average Price Target C$57,00

Lowest Price Target C$46,00

In the last five quarters, Hydro One’s Price Target has risen from C$31,71 to C$39,95 - a 25,99% increase. One analysts predict that Hydro One’s share price will fall in the coming year, reaching C$57,00. This would represent a decrease of -2,68%.

Top growth stocks in the utilities sector (5Y.)

What does Hydro One do?

Hydro One Limited (Hydro One) operates an electricity transmission and distribution utility through its wholly-owned subsidiary, Hydro One Inc. Hydro One delivers electricity safely and reliably to approximately 1.5 million customers across the province of Ontario, including large industrial customers and municipal utilities. Through its subsidiaries, Hydro One Inc. owns and operates approximately 30,000 circuit kilometres of high-voltage transmission lines, and approximately 126,000 circuit ki...

Hydro One Limited (Hydro One) operates an electricity transmission and distribution utility through its wholly-owned subsidiary, Hydro One Inc.

Hydro One delivers electricity safely and reliably to approximately 1.5 million customers across the province of Ontario, including large industrial customers and municipal utilities. Through its subsidiaries, Hydro One Inc. owns and operates approximately 30,000 circuit kilometres of high-voltage transmission lines, and approximately 126,000 circuit kilometres of primary low-voltage distribution lines.

Segments

The businesses of Hydro One comprise the following three segments:

The Transmission segment owns and operates Hydro One’s transmission system, which transmits high-voltage electricity across the province, interconnecting local distribution companies and certain large, directly connected industrial customers throughout the Ontario electricity grid. The transmission business consists of the transmission system operated by Hydro One Inc.’s rate-regulated subsidiaries, Hydro One Networks Inc. (Hydro One Networks), Hydro One Sault Ste. Marie LP (HOSSM), and Chatham x Lakeshore Limited Partnership (CLLP), as well as an approximate 66% interest in B2M Limited Partnership (B2M LP), and an approximate 55% interest in Niagara Reinforcement Limited Partnership (NRLP).

The Distribution segment owns and operates Hydro One’s distribution system, which delivers electricity to end customers and certain other municipal electricity distributors within Ontario. The distribution business consists of the distribution systems operated by Hydro One Inc.'s rate-regulated subsidiaries, Hydro One Networks, and Hydro One Remote Communities Inc. (Hydro One Remotes).

The Other segment consists principally of Hydro One’s telecommunications business, which provides telecommunications support for the company’s transmission and distribution businesses, as well as certain corporate activities. The telecommunications business is carried out by Hydro One's wholly-owned subsidiary, Acronym Solutions Inc. (Acronym). In addition to supporting Hydro One's regulated business segments, Acronym offers a comprehensive suite of Information Communications Technology solutions. Hydro One's Other segment also includes the deferred tax asset (DTA), which arose from the revaluation of the tax bases of Hydro One’s assets to fair market value when the company transitioned from the provincial payments in lieu of tax regime to the federal tax regime at the time of the company’s initial public offering in 2015. As this DTA is not required to be shared with ratepayers, the company considers it to not be part of the regulated transmission and distribution segment assets, and it is included in the Other segment. Furthermore, Hydro One's Other segment also includes Aux Energy Inc., a wholly-owned subsidiary that provides energy solutions to commercial and industrial clients, and Ontario Charging Network LP, a joint venture that owns and operates electric vehicle fast charging stations across Ontario under the Ivy Charging Network brand, as well as certain corporate activities, and is not rate-regulated.

Property, Plant, and Equipment

Property, plant, and equipment in service consists of transmission, distribution, communication, and administration and service assets, as well as land easements. Property, plant, and equipment also includes future use assets, such as land, major components, and spare parts, as well as capitalized project development costs associated with deferred capital projects.

Transmission

Transmission assets include assets used for the transmission of high-voltage electricity, such as transmission lines, support structures, foundations, insulators, connecting hardware, and grounding systems, as well as assets used to step up the voltage of electricity from generating stations for transmission, and to step down voltages for distribution, including transformers, circuit breakers, and switches.

Distribution

Distribution assets include assets related to the distribution of low-voltage electricity, including lines, poles, switches, transformers, protective devices, and metering systems.

Communication

Communication assets include fibre optic and microwave radio systems, optical ground wire, towers, telephone equipment, and associated buildings.

Administration and Service

Administration and service assets include administrative buildings, personal computers, transport and work equipment, tools, and other minor assets.

Easements

Easements include a statutory easement for the use of transmission corridors and related abutting lands pursuant to Part IX.1 of the Electricity Act, 1998 (Ontario) (Electricity Act), as well as other land rights for occupation.

The company is also subject to the risk that the Ontario Energy Board (OEB) could change the regulatory treatment of certain costs which may affect the company’s accounting treatment of and ability to recover such costs.

On December 19, 2024, Hydro One Networks entered into an agreement to purchase an approximate 48% interest in the East-West Tie Limited Partnership from affiliates of OMERS Infrastructure Management Inc. (OMERS), and Enbridge Transmission Holdings Inc. (Enbridge).

History

Hydro One Limited was incorporated in 2015.

Hydro One Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry: Power Transmission and Distribution** **TOP 3 Markets:** 1. **Ontario, Canada:** approx. 95% 2. **Rest of Canada:** approx. 3% 3. **International Markets:** approx. 2% Hydro One Limited is mainly active in the field of power transmission and distribution, generating the majority of its...

At which locations are the company’s products manufactured?

**Production Sites:** Ontario, Canada Hydro One Limited is a Canadian company that is mainly active in the field of electricity transmission and distribution. The company does not produce physical products in the traditional sense, but operates and maintains an extensive network of transmission and...

What strategy does Hydro One pursue for future growth?

**Revenue Growth:** Estimated 4-6% annually (2025-2027) Hydro One Limited is pursuing a strategy focused on sustainable growth and infrastructure modernization. The company plans to make significant investments in improving and expanding its power grid to enhance reliability and efficiency. Anothe...

Which raw materials are imported and from which countries?

**Commodities/Materials:** Copper, Aluminum, Steel **Countries of origin:** Canada, USA, China Hydro One Limited, as a leading electricity supply company in Canada, mainly imports commodities such as copper, aluminum, and steel needed for the construction and maintenance of power lines and infrast...

How strong is the company’s competitive advantage?

**Market Share:** Approximately 96% in Ontario (2023) **Network Size:** Over 30,000 km of transmission lines (2023) Hydro One Limited possesses a significant competitive advantage, especially due to its dominant market position in Ontario, where it covers almost the entire transmission market. Thi...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 50% (estimated, based on historical data from 2023) **Insider Purchases/Sales:** No significant transactions in recent months (estimated, based on typical reports) Hydro One Limited traditionally has a high institutional investor share due to being a...

What percentage market share does Hydro One have?

**Market share of Hydro One Limited:** Estimate 25% (2025) **Main competitors and their market shares:** 1. **Hydro-Québec:** Estimate 30% (2025) 2. **BC Hydro:** Estimate 20% (2025) 3. **Ontario Power Generation:** Estimate 15% (2025) 4. **Emera Inc.:** Estimate 5% (2025) 5. **Fortis Inc.:** Estim...

Is Hydro One stock currently a good investment?

**Revenue Growth:** 3.8% (2024) **Net Income:** 1.1 billion CAD (2024) **Dividend Yield:** 3.5% (2024) Hydro One Limited is a leading company in the field of electricity transmission and distribution in Ontario, Canada. The company benefits from a stable and regulated business model that generates...

Does Hydro One pay a dividend – and how reliable is the payout?

**Dividend Yield:** 3.5% (2025) **Dividend History:** Continuous payout since 2015 Hydro One Limited pays a dividend that currently offers a yield of about 3.5%. The company has been continuously distributing dividends since its founding in 2015, indicating a reliable payout policy. The reliabil...

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Hydro One Stock Value

Hydro One Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Hydro One do?

Hydro One Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Hydro One Stock Value

Hydro One Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Hydro One do?

Hydro One Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.