---
title: "LNT Alliant Energy"
canonical: "https://supercyclehq.com/stock/alliant-energy"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "LNT"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Alliant Energy (LNT)

Alliant Energy is a regulated utility holding company serving electric and natural gas customers in Iowa and Wisconsin.

## AI Exposure Score

**27/100, Peripheral.** Announced hyperscaler projects in its Iowa and Wisconsin territory, including Google in Cedar Rapids, are the stated driver of Alliant's raised capital and load forecasts. As a smaller regulated utility, the exposure is real but capped by the rate-regulated model.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $73.02 |
| Change 1d | +1.91% |
| Change 7d | +5.87% |
| Change 30d | +14.37% |
| Change 1y | +13.28% |
| 52-week high | $76.85 |
| 52-week low | $62.65 |
| Market cap | $18.9B |
| P/E | 20.34 |
| EPS | $3.59 |
| Next earnings | 2026-10-29 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Utilities |
| Headquarters | Madison, WI |
| CEO | Lisa M. Barton |
| Employees | 2,948 |
| Website | https://www.alliantenergy.com |
| Buildout layers | [Utilities & Grid](https://supercyclehq.com/category/utilities-grid) |

## What the company does

Alliant Energy is a regulated utility holding company serving electric and natural gas customers in Iowa and Wisconsin. Its two utilities, Interstate Power and Light and Wisconsin Power and Light, generate and deliver power at rates approved by state regulators, and the company grows by investing in generation and grid infrastructure.

Data centers have become the center of its growth story. Google has announced a data center project in Cedar Rapids, Iowa, and large campuses have been announced in Alliant's Wisconsin territory as well. The company cites this data center load as the key driver of its raised capital spending and load forecasts, funding new renewables, gas generation and grid capacity.

Alliant Energy was incorporated in 1981, is headquartered in Madison, Wisconsin, and employs about 2,900 people. Its shares trade on the NASDAQ.

## Role in the AI buildout

Alliant Energy operates in the Utilities & Grid layer of the AI buildout. The Midwest has become a growth region for hyperscaler data centers, and Alliant's Iowa and Wisconsin territories have both attracted announced projects, including Google in Cedar Rapids. Serving that load requires new generation and grid investment, which is exactly how a regulated utility grows earnings. Alliant supplies the power the buildout depends on, but its returns are set by regulators, keeping its AI exposure strategic rather than direct.

## FAQ

### What does Alliant Energy do?

Alliant Energy is a regulated utility holding company based in Madison, Wisconsin. Its utilities, Interstate Power and Light and Wisconsin Power and Light, generate and deliver electricity and natural gas to customers across Iowa and Wisconsin.

### How is Alliant Energy exposed to AI?

Announced hyperscaler data center projects in its territory, including Google in Cedar Rapids, Iowa, are the key driver of its raised capital plan and load forecasts. Supercycle rates it Peripheral with an AI Exposure Score of 27 out of 100.

### Which data centers is Alliant Energy serving?

Google has announced a data center in Cedar Rapids, Iowa, within Alliant's territory, and large data center campuses have also been announced in its Wisconsin service area. These projects drive its plans for new generation and grid investment.

### Who leads Alliant Energy?

Lisa M. Barton serves as CEO. The company is headquartered in Madison, Wisconsin, employs about 2,900 people, and was incorporated in 1981. Its shares trade on the NASDAQ under the ticker LNT.

### Is LNT a pure play AI stock?

No. Alliant is a regulated utility whose earnings come from approved rates in Iowa and Wisconsin. Data center load is now its main growth driver, but Supercycle classifies it as Peripheral, not a pure play on AI.

---

Source: https://supercyclehq.com/stock/alliant-energy. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.