Should I Buy HASI? HASI 2026 Analysis

Should You Buy HA Sustainable Infrastructure Capital Inc (HASI) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

35.020

1 Day change

1.17%

52 Week Range

35.100

Analysis Updated At

2026/01/28

Buy now for a long-term position. HASI is in a bullish technical uptrend, has strong Wall Street support with multiple recent target raises, and is directly tied to a clear multi-year catalyst (U.S. grid/electricity demand growth + virtual power plant financing via partners like Sunrun). Despite some mixed headline GAAP profitability in the latest quarter, the market/analysts are focusing on recurring cash flow and adjusted earnings strength. With $50k–$100k and a beginner, long-term profile (and no desire to wait), this is a reasonable entry at current levels, with the main near-term risk being earnings on 2026-02-12.

Technical Analysis

Trend is bullish. Price (34.62) is above key moving averages with a bullish stack (SMA_5 > SMA_20 > SMA_200), signaling sustained upward momentum. MACD histogram is positive (0.07) and expanding, reinforcing the uptrend. RSI(6) at ~64.6 is neutral-to-slightly-strong (not overbought), suggesting room for continuation. Near-term levels: pivot ~34.20 as a key line; resistance at R1 ~34.89 and R2 ~35.32—current price is close to resistance, so short-term chop is possible, but the broader setup remains constructive. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

Open interest put/call ratio (0.67) is bullish (more call positioning than puts), suggesting investors are positioned for upside over time. However, the option volume put/call ratio (3.58) is bearish on the day (more put trading than calls), which can indicate near-term caution/hedging rather than long-term bearishness—especially since total volume is low versus average (today’s volume ~32% of 30-day average). Implied volatility (30D ~38.4) is below historical volatility (~47.1), and IV percentile (~48) is mid-range, implying options are not priced for extreme moves.

Technical Summary

Sell

Buy

Positive Catalysts

- Structural tailwind: rising U.S. electricity demand (EVs, data centers, extreme temperatures) and grid investment needs.
- Event-driven/strategic: news highlights Sunrun’s collaboration with HASI expected to finance an additional ~300MW of virtual power plant capacity—supports origination growth narrative.
- Institutional positioning: hedge funds reported as buying aggressively (+1651% QoQ buying amount trend).
- Wall Street momentum: multiple recent price-target increases and predominantly Buy/Outperform/Overweight ratings.

Neutral/Negative Catalysts

- Near-term technical overhead: price is approaching resistance (34.89–35.32), which can cause short-term pullbacks.
- Options flow mixed: heavy put volume vs calls today suggests short-term hedging/caution.
- Earnings catalyst risk: next earnings 2026-02-12 (after hours) can create volatility.
- Analyst dissent: Goldman Sachs remains Neutral with a $32 target (below current price), implying limited upside per that view.

Financial Performance

Latest reported quarter: 2025/Q3. Revenue grew to ~$103.1M (+25.74% YoY), showing solid top-line momentum. However, GAAP Net Income ($82.5M) and EPS (0.61) show sharp YoY declines per the snapshot, indicating profitability volatility and/or non-recurring impacts. Notably, analyst commentary around Q3 emphasized record quarterly adjusted EPS/ROE and raised guidance, suggesting underlying recurring earnings/cash-flow trends were stronger than the GAAP YoY comparison implies.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend is clearly improving: multiple firms raised price targets after Q3 and reiterated positive ratings (Morgan Stanley Overweight up to $47; Oppenheimer Outperform up to $50; UBS Buy to $40; Baird Outperform to $40; Jefferies Buy to $39). The main counterpoint is Goldman Sachs staying Neutral with a $32 target. Wall Street pros: contracted/recurring cash flows, strong originations, and leverage to accelerating U.S. electricity infrastructure spend. Cons: rate-sensitive business model and earnings optics/volatility in reported GAAP figures.

13 Analyst Rating

Wall Street analysts forecast HASI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HASI is 40.27 USD with a low forecast of 32 USD and a high forecast of 50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

11 Buy

2 Hold

0 Sell

Strong Buy

Current: 34.620

Low

Averages

40.27

High

Current: 34.620

Low

Averages

40.27

High

Morgan Stanley

NULL

Overweight

maintain

$44 -> $47

AI Analysis

2025-12-02

Reason

Morgan Stanley

Price Target

$44 -> $47

AI Analysis

2025-12-02

maintain

NULL

Overweight

Reason

Morgan Stanley raised the firm's price target on HASI to $47 from $44 and keeps an Overweight rating on the shares. The firm is updating its price targets for North American Midstream & Renewable Energy Infrastructure stocks under its coverage, the analyst tells investors. While the framework agreement for a Canadian crude oil pipeline project and oil sands carbon capture has been finally reached, there are several unknowns that remain, the firm adds.

Morgan Stanley

Overweight

maintain

$40 -> $44

2025-11-25

Reason

Morgan Stanley

Price Target

$40 -> $44

2025-11-25

maintain

Overweight

Reason

Morgan Stanley raised the firm's price target on HASI to $44 from $40 and keeps an Overweight rating on the shares. AI scrutiny has influenced recent broader market direction, but midstream and renewable infrastructure stocks offer contracted cash flow protection, the analyst argues in the firm's latest "Infrastructure Weekly."

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HASI Should I Buy

HASI Should I Buy

Should You Buy HA Sustainable Infrastructure Capital Inc (HASI) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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