The American Electric Power Co Inc (AEP) share price is expected to increase by 6.07% over the next year. This is based on calculating the average 12-month share price estimate provided by 22 stock analysts who have covered AEP. Price targets range from $86 at the low end to $116 at the high end. The current analyst consensus for AEP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 22 Wall Street analysts have assignedAEP 7 buy ratings, 12 hold ratings, and 3 sell ratings. This means that analysts expect American Electric Power Co Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AEP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AEP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
James Thalacker BMO Capital | Outperform | $108 | Maintains | Dec 2, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $99 | Maintains | Nov 26, 2024 |
Stephen Byrd Morgan Stanley | Overweight | $104 | Maintains | Nov 22, 2024 |
Durgesh Chopra Evercore ISI Group | In-Line | $96 | Maintains | Nov 7, 2024 |
William Appicelli UBS | Sell | $95 | Maintains | Nov 7, 2024 |
Neil Kalton Wells Fargo | Equal-Weight | $102 | Maintains | Nov 7, 2024 |
James Thalacker BMO Capital | Outperform | $104 | Maintains | Nov 7, 2024 |
Jeremy Tonet JP Morgan | Overweight | $112 | Maintains | Oct 18, 2024 |
Neil Kalton Wells Fargo | Equal-Weight | $104 | Maintains | Oct 16, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $100 | Maintains | Oct 15, 2024 |
James Thalacker BMO Capital | Outperform | $111 | Maintains | Oct 4, 2024 |
James Thalacker BMO Capital | Outperform | $114 | Maintains | Oct 3, 2024 |
Stephen Byrd Morgan Stanley | Overweight | $108 | Maintains | Sep 25, 2024 |
Julien Dumoulin-Smith Jefferies | Hold | $107 | Initiates | Sep 19, 2024 |
James Thalacker BMO Capital | Outperform | $109 | Maintains | Sep 9, 2024 |
Julien Dumoulin-Smith B of A Securities | Underperform | $98 | Maintains | Aug 29, 2024 |
Stephen Byrd Morgan Stanley | Overweight | $102 | Maintains | Aug 23, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $108 | Maintains | Aug 20, 2024 |
Jeremy Tonet JP Morgan | Overweight | $108 | Maintains | Aug 7, 2024 |
Julien Dumoulin-Smith B of A Securities | Underperform | $97 | Downgrade | Aug 6, 2024 |
When did it IPO
1970
Staff Count
17,250
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Electric
CEO
Mr. William J. Fehrman
Market Cap
$50.65B
In 2023, AEP generated $18.98B in revenue, which was a decrease of -3.35% from the previous year. This can be seen as a signal that AEP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - AEP reported earnings 30 days ago; investors may want to watch for upcoming developments or forecasts that could impact the stock's performance.
Why It Matters - Earnings reports can influence stock price movements, affecting investor sentiment and future performance expectations for AEP, impacting investment decisions.
Summary - AEP is seeing positive results from its systematic investment strategy and the expansion of its renewable energy portfolio.
Why It Matters - AEP's investment plan and renewable expansion signal growth potential, enhancing long-term profitability and sustainability, which can positively impact stock performance.
Summary - Indiana Michigan Power has filed a joint settlement with the OUCC, AWS, Microsoft, Google, DCC, and CAC, indicating collaboration on utility matters.
Why It Matters - The joint settlement indicates collaboration between I&M and major tech companies, suggesting potential regulatory stability and growth opportunities in the energy sector, which could impact stock performance.
Summary - American Electric Power (AEP) is launching the largest utility fuel cell initiative in the U.S., securing up to 1 GW of Bloom Energy fuel cells to meet energy demands of large customers.
Why It Matters - AEP's fuel cell initiative signals a shift toward sustainable energy solutions, potentially boosting revenue from large clients and enhancing market competitiveness amid growing energy demand.
Summary - Companies that focus on dividend payments distribute profits directly to shareholders, providing a source of passive income for investors.
Why It Matters - Dividends signal financial health and stability, attracting income-focused investors and potentially boosting stock prices due to increased demand.
Summary - American Electric Power Company, Inc. (AEP) will hold its Q3 2024 earnings conference call on November 6, 2024, at 9:00 AM ET, featuring key executives and analysts.
Why It Matters - The upcoming earnings call for American Electric Power may reveal key financial performance insights, guidance on future growth, and market sentiment, impacting stock valuation and investor decisions.