Hubbell posts 25% revenue growth driven by AI infrastructure and grid modernization.

Hubbell (HUBB) reported a strong Q3 FY2026 with 25% year-over-year revenue growth and 14% adjusted EPS growth, fueled by an 80% increase in data center sales and strategic acquisitions. The company benefits from the growing demand for AI infrastructure and grid modernization, positioning it as a key player in electrification and utility solutions. Despite higher leverage from acquisitions, Hubbell maintains strong free cash flow and better net income margins compared to larger peers, trading at a valuation discount. This growth outlook highlights Hubbell as a solid investment in both AI infrastructure and grid modernization sectors.

Hubbell shares trade at USD 427.31 on Pluang as of Nov 02, 2026 20:42 WIB, showing a 1.15% gain in the last day. The stock's market capitalization stands at $22.32 billion, reflecting its significant presence in the industrials sector. Investors typically hold HUBB shares for about 9 days on Pluang, indicating active trading interest in this electrification growth story.