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American Electric Power (AEP) Stock Forecast, Price Target & Predictions

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AEP Stock Forecast

American Electric Power stock forecast is as follows: an average price target of $104.00 (represents a 6.07% upside from AEP’s last price of $98.05) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

AEP Price Target

The average price target for American Electric Power (AEP) is $104.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $111.00 to $98.00. This represents a potential 6.07% upside from AEP's last price of $98.05.

AEP Analyst Ratings

Hold

According to 11 Wall Street analysts, American Electric Power's rating consensus is 'Hold'. The analyst rating breakdown for AEP stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

American Electric Power Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 04, 2024James ThalackerBMO Capital$111.00$100.2510.72%13.21%
Oct 03, 2024James ThalackerBMO Capital$114.00$101.5012.32%16.27%
Sep 25, 2024David ArcaroMorgan Stanley$108.00$101.626.28%10.15%
Aug 29, 2024Paul ColeBank of America Securities$98.00$99.11-1.12%-0.05%
Aug 23, 2024David ArcaroMorgan Stanley$102.00$98.873.17%4.03%
Jul 31, 2024Andrew WeiselScotiabank$99.00$98.290.72%0.97%
Jul 29, 2024James ThalackerBMO Capital$104.00$96.397.90%6.07%
May 28, 2024David ArcaroMorgan Stanley$98.00$88.8010.36%-0.05%
May 14, 2024James ThalackerBMO Capital$99.00$91.528.17%0.97%
May 03, 2024Shelby TuckerRBC Capital$100.00$88.2513.31%1.99%
May 01, 2024James ThalackerBMO Capital$95.00$86.729.55%-3.11%
Apr 15, 2024Nicholas CampanellaBarclays$84.00$82.102.31%-14.33%
Feb 02, 2023Morgan Stanley$112.00$94.6518.33%14.23%
Dec 15, 2022Morgan Stanley$110.00$97.1413.24%12.19%
Nov 11, 2022Morgan Stanley$104.00$91.2413.99%6.07%
Sep 22, 2022Morgan Stanley$116.00$98.6317.61%18.31%
Aug 23, 2022Morgan Stanley$118.00$103.4114.11%20.35%
Jul 28, 2022Credit Suisse$105.00$96.269.08%7.09%
Jul 28, 2022BMO Capital$106.00$96.2910.08%8.11%
Jul 21, 2022Morgan Stanley$111.00$92.7119.73%13.21%
Jun 23, 2022Morgan Stanley$101.00$91.7110.13%3.01%
May 23, 2022Morgan Stanley$113.00$100.0312.97%15.25%
Apr 29, 2022Wells Fargo$111.00$102.438.37%13.21%
Apr 28, 2022CFRA$108.00$101.896.00%10.15%
Apr 26, 2022Credit Suisse$113.00$100.5012.44%15.25%
Apr 20, 2022Morgan Stanley$117.00$102.4714.18%19.33%
Mar 14, 2022Shelby TuckerRBC Capital$106.00$94.7411.89%8.11%
Jul 27, 2021Michael LapidesGoldman Sachs$81.00$87.06-6.96%-17.39%
Jul 26, 2021Julien Dumoulin SmithBank of America Securities$97.00$85.4013.58%-1.07%
May 25, 2021Eric BeaumontBarclays$105.00$83.7025.45%7.09%

The latest American Electric Power stock forecast, released on Oct 04, 2024 by James Thalacker from BMO Capital, set a price target of $111.00, which represents a 10.72% increase from the stock price at the time of the forecast ($100.25), and a 13.21% increase from AEP last price ($98.05).

American Electric Power Price Target by Period

1M3M12M
# Anlaysts--12
Avg Price Target--$101.00
Last Closing Price$98.05$98.05$98.05
Upside/Downside-100.00%-100.00%3.01%

In the current month, the average price target of American Electric Power stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to American Electric Power's last price of $98.05. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 15, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 03, 2024BMO CapitalOutperformOutperformHold
Sep 25, 2024Morgan StanleyOverweightOverweightHold
Sep 19, 2024JefferiesHoldInitialise
Sep 09, 2024BMO CapitalOutperformOutperformHold
Aug 23, 2024Morgan StanleyOverweightOverweightHold
Aug 01, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 31, 2024ScotiabankOutperformOutperformHold
Jul 29, 2024BMO CapitalOutperformOutperformHold
May 28, 2024Morgan StanleyOverweightOverweightHold
May 03, 2024RBC CapitalOutperformOutperformHold
May 01, 2024Bank of America SecuritiesNeutralNeutralHold
May 01, 2024BMO CapitalOutperformOutperformHold
May 01, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 15, 2024BarclaysEqual-WeightEqual-WeightHold
Jan 22, 2024BMO CapitalOutperformOutperformHold
Sep 21, 2023Morgan StanleyOverweightOverweightHold
Apr 17, 2023CitigroupNeutralNeutralHold
Feb 02, 2023Morgan StanleyOverweightOverweightHold
Feb 01, 2023Wells FargoOverweightEqual-WeightDowngrade
Dec 16, 2022Credit SuisseOutperformOutperformHold
Dec 16, 2022BMO CapitalOutperformOutperformHold
Dec 15, 2022Morgan StanleyOverweightOverweightHold
Sep 22, 2022Morgan StanleyOverweightOverweightHold
Aug 23, 2022Morgan StanleyOverweightOverweightHold
Jul 28, 2022Credit SuisseOutperformOutperformHold
Jul 28, 2022BMO CapitalOutperformOutperformHold
Jul 21, 2022Morgan StanleyOverweightOverweightHold
Jun 23, 2022Morgan StanleyOverweightOverweightHold
May 23, 2022Morgan StanleyOverweightOverweightHold
Apr 29, 2022Wells FargoOverweightOverweightHold
Apr 28, 2022CFRAHoldHoldHold
Mar 14, 2022RBC CapitalOutperformOutperformHold
Feb 28, 2022Wells FargoOverweightUpgrade
Feb 18, 2022Morgan StanleyOverweightOverweightHold

American Electric Power's last stock rating was published by Wells Fargo on Oct 16, 2024. The company gave AEP a "Equal-Weight" rating, the same as its previous rate.

American Electric Power Financial Forecast

American Electric Power Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue----------------------$4.37B$4.69B$4.88B$5.53B$4.64B$4.59B$4.06B$4.62B
Avg Forecast$5.06B$5.71B$5.00B$5.11B$4.99B$5.63B$4.93B$5.04B$4.92B$5.54B$4.84B$4.94B$6.52B$5.84B$5.37B$5.49B$4.88B$5.43B$4.74B$5.02B$5.12B$5.36B$4.70B$4.61B$3.51B$4.75B$4.07B$4.50B$3.73B$4.29B
High Forecast$5.48B$6.18B$5.41B$5.53B$5.40B$6.09B$5.34B$5.45B$5.33B$6.00B$5.23B$5.35B$7.06B$6.32B$5.82B$5.94B$5.10B$5.44B$4.74B$5.02B$5.20B$5.37B$5.09B$4.99B$3.59B$4.75B$4.07B$4.50B$3.73B$4.29B
Low Forecast$4.85B$5.47B$4.79B$4.89B$4.78B$5.39B$4.72B$4.82B$4.71B$5.31B$4.63B$4.73B$6.25B$5.59B$5.14B$5.26B$4.69B$5.43B$4.74B$5.02B$5.05B$5.36B$4.50B$4.41B$3.43B$4.75B$4.07B$4.50B$3.73B$4.29B
# Analysts111111111111111342445444333344
Surprise %----------------------0.93%1.02%1.39%1.16%1.14%1.02%1.09%1.08%

American Electric Power's average Quarter revenue forecast for Sep 23 based on 4 analysts is $5.36B, with a low forecast of $5.36B, and a high forecast of $5.37B. AEP's average Quarter revenue forecast represents a 22.69% increase compared to the company's last Quarter revenue of $4.37B (Jun 23).

American Electric Power EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111342445444333344
EBITDA----------------------$806.90M$1.66B$1.62B$2.02B$1.79B$1.85B$1.55B$1.93B
Avg Forecast$1.95B$2.20B$1.92B$1.96B$1.92B$2.16B$1.90B$1.94B$1.89B$2.13B$1.86B$1.90B$2.51B$2.24B$2.07B$2.11B$1.87B$2.09B$1.82B$2.23B$1.97B$2.06B$1.81B$2.03B$1.62B$1.63B$1.40B$1.85B$1.28B$1.47B
High Forecast$2.11B$2.38B$2.08B$2.13B$2.08B$2.34B$2.05B$2.09B$2.05B$2.31B$2.01B$2.06B$2.71B$2.43B$2.24B$2.29B$1.96B$2.09B$1.82B$2.68B$2.00B$2.06B$1.96B$2.44B$1.94B$1.63B$1.40B$2.21B$1.28B$1.47B
Low Forecast$1.86B$2.10B$1.84B$1.88B$1.84B$2.07B$1.82B$1.85B$1.81B$2.04B$1.78B$1.82B$2.40B$2.15B$1.98B$2.02B$1.80B$2.09B$1.82B$1.79B$1.94B$2.06B$1.73B$1.62B$1.29B$1.63B$1.40B$1.48B$1.28B$1.47B
Surprise %----------------------0.45%0.82%1.00%1.24%1.28%1.00%1.21%1.31%

4 analysts predict AEP's average Quarter EBITDA for Sep 23 to be $2.06B, with a high of $2.06B and a low of $2.06B. This is 155.61% upper than American Electric Power's previous annual EBITDA (Jun 23) of $806.90M.

American Electric Power Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111342445444333344
Net Income----------------------$496.70M$397.00M$384.30M$683.70M$524.50M$714.70M$522.80M$796.00M
Avg Forecast$803.44M$1.23B$896.18M$858.51M$761.77M$1.17B$850.11M$814.22M$583.42M$1.07B$815.01M$778.19M$764.35M$1.01B$704.92M$769.94M$655.63M$961.54M$658.37M$854.42M$671.95M$907.84M$604.06M$776.74M$560.92M$826.80M$630.19M$706.13M$495.22M$771.69M
High Forecast$889.21M$1.36B$991.85M$950.16M$843.09M$1.29B$940.86M$901.14M$645.71M$1.19B$902.01M$861.26M$845.94M$1.12B$780.17M$820.52M$666.21M$962.34M$687.39M$1.03B$687.83M$909.35M$620.13M$932.09M$673.10M$826.80M$639.23M$847.36M$495.22M$771.69M
Low Forecast$758.81M$1.16B$846.40M$810.82M$719.45M$1.10B$802.88M$768.99M$551.01M$1.02B$769.73M$734.96M$721.89M$951.81M$665.76M$741.84M$650.34M$960.73M$629.34M$683.54M$666.66M$906.34M$587.99M$621.40M$448.74M$826.80M$621.15M$564.91M$495.22M$771.69M
Surprise %----------------------0.82%0.51%0.69%0.83%0.83%1.01%1.06%1.03%

American Electric Power's average Quarter net income forecast for Sep 23 is $907.84M, with a range of $906.34M to $909.35M. AEP's average Quarter net income forecast represents a 82.77% increase compared to the company's last Quarter net income of $496.70M (Jun 23).

American Electric Power SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111342445444333344
SG&A------------------------------
Avg Forecast$44.54M$50.25M$44.02M$44.97M$43.89M$49.52M$43.40M$44.31M$43.32M$48.77M$42.56M$43.50M$57.41M$51.36M$47.29M$48.34M$42.91M$47.82M$41.70M$44.18M$45.02M$47.20M$41.35M$40.56M$30.92M$41.84M$35.83M$39.57M$32.82M$37.75M
High Forecast$48.20M$54.37M$47.63M$48.66M$47.50M$53.59M$46.97M$47.95M$46.88M$52.77M$46.05M$47.07M$62.12M$55.58M$51.18M$52.31M$44.85M$47.87M$41.70M$44.18M$45.71M$47.21M$44.75M$43.89M$31.60M$41.84M$35.83M$39.57M$32.82M$37.75M
Low Forecast$42.64M$48.10M$42.13M$43.04M$42.02M$47.41M$41.55M$42.42M$41.47M$46.68M$40.74M$41.64M$54.95M$49.17M$45.27M$46.27M$41.30M$47.76M$41.70M$44.18M$44.42M$47.20M$39.59M$38.83M$30.17M$41.84M$35.83M$39.57M$32.82M$37.75M
Surprise %------------------------------

American Electric Power's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to AEP last annual SG&A of $NaN (undefined).

American Electric Power EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111342445444333344
EPS-----------------------$0.77$0.75$1.33$1.02$1.41$1.04$1.59
Avg Forecast$1.51$2.30$1.68$1.61$1.43$2.19$1.59$1.53$1.09$2.01$1.53$1.46$1.43$1.89$1.32$1.44$1.23$1.80$1.23$1.25$1.26$1.70$1.13$1.12$0.99$1.56$1.19$1.19$0.93$1.46
High Forecast$1.67$2.55$1.86$1.78$1.58$2.42$1.76$1.69$1.21$2.23$1.69$1.61$1.59$2.09$1.46$1.54$1.25$1.80$1.29$1.25$1.29$1.70$1.16$1.24$1.02$1.56$1.21$1.19$0.93$1.46
Low Forecast$1.42$2.18$1.59$1.52$1.35$2.06$1.50$1.44$1.03$1.90$1.44$1.38$1.35$1.78$1.25$1.39$1.22$1.80$1.18$1.25$1.25$1.70$1.10$1.06$0.96$1.56$1.17$1.19$0.93$1.46
Surprise %-----------------------0.69%0.76%0.85%0.86%1.18%1.11%1.09%

According to 4 Wall Street analysts, American Electric Power's projected average Quarter EPS for Jun 23 is $1.13, with a low estimate of $1.10 and a high estimate of $1.16. This represents a 47.02% increase compared to AEP previous annual EPS of $0.77 (Mar 23).

American Electric Power Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$79.24$140.2576.99%Buy
EIXEdison$55.80$86.1754.43%Buy
NEENextEra Energy$70.89$90.5027.66%Buy
FEFirstEnergy$39.67$47.6720.17%Hold
DUKDuke Energy$110.62$123.3311.49%Buy
EDConsolidated Edison$92.57$102.7511.00%Hold
DDominion Energy$55.10$58.606.35%Hold
AEPAmerican Electric Power$98.05$104.006.07%Hold
SOSouthern$82.83$86.504.43%Hold
XELXcel Energy$66.07$68.754.06%Buy

AEP Forecast FAQ

Is American Electric Power a good buy?

No, according to 11 Wall Street analysts, American Electric Power (AEP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 45.45% of AEP's total ratings.

What is AEP's price target?

American Electric Power (AEP) average price target is $104 with a range of $98 to $111, implying a 6.07% from its last price of $98.05. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will American Electric Power stock go up soon?

According to Wall Street analysts' prediction for AEP stock, the company can go up by 6.07% (from the last price of $98.05 to the average price target of $104), up by 13.21% based on the highest stock price target, and down by -0.05% based on the lowest stock price target.

Can American Electric Power stock reach $150?

AEP's average twelve months analyst stock price target of $104 does not support the claim that American Electric Power can reach $150 in the near future.

What are American Electric Power's analysts' financial forecasts?

American Electric Power's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $20.58B (high $22.27B, low $19.7B), average EBITDA is $7.91B (high $8.56B, low $7.58B), average net income is $3.59B (high $3.98B, low $3.39B), average SG&A $181.13M (high $196M, low $173.39M), and average EPS is $6.73 (high $7.45, low $6.36). AEP's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $20.88B (high $22.6B, low $19.99B), average EBITDA is $8.03B (high $8.69B, low $7.69B), average net income is $3.79B (high $4.19B, low $3.58B), average SG&A $183.77M (high $198.86M, low $175.92M), and average EPS is $7.1 (high $7.86, low $6.7).

Did the AEP's actual financial results beat the analysts' financial forecasts?

Based on American Electric Power's last annual report (Dec 2022), the company's revenue was $19.64B, beating the average analysts forecast of $16.84B by 16.64%. Apple's EBITDA was $7.26B, beating the average prediction of $6.49B by 11.87%. The company's net income was $2.31B, missing the average estimation of $2.72B by -15.30%. Apple's SG&A was $0, missing the average forecast of $148.17M by -100.00%. Lastly, the company's EPS was $4.51, missing the average prediction of $4.93 by -8.50%. In terms of the last quarterly report (Jun 2023), American Electric Power's revenue was $4.37B, missing the average analysts' forecast of $4.7B by -6.96%. The company's EBITDA was $806.9M, missing the average prediction of $1.81B by -55.34%. American Electric Power's net income was $496.7M, missing the average estimation of $604.06M by -17.77%. The company's SG&A was $0, missing the average forecast of $41.35M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.13 by -100.00%