AES (AES) Stock Forecast, Price Target & Predictions
AES Stock Forecast
AES stock forecast is as follows: an average price target of $26.71 (represents a 44.07% upside from AES’s last price of $18.54) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
AES Price Target
The average price target for AES (AES) is $26.71 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $20.00. This represents a potential 44.07% upside from AES's last price of $18.54.
AES Analyst Ratings
According to 9 Wall Street analysts, AES's rating consensus is 'Buy'. The analyst rating breakdown for AES stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
AES Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | Julien Dumoulin-Smith | Jefferies | $20.00 | $17.86 | 11.98% | 7.87% |
| May 31, 2024 | Gary Hovis | Argus Research | $28.00 | $21.77 | 28.62% | 51.02% |
| May 17, 2024 | Anthony Crowdell | Mizuho Securities | $24.00 | $21.21 | 13.15% | 29.45% |
| Aug 02, 2023 | Shelby Tucker | RBC Capital | $32.00 | $20.88 | 53.26% | 72.60% |
| Aug 02, 2023 | Gregg Orrill | UBS | $26.00 | $21.04 | 23.57% | 40.24% |
| Nov 29, 2022 | - | UBS | $33.00 | $28.04 | 17.69% | 77.99% |
| Aug 18, 2022 | - | Morgan Stanley | $32.00 | $25.36 | 26.18% | 72.60% |
| Jul 21, 2022 | - | Morgan Stanley | $29.50 | $19.98 | 47.65% | 59.12% |
| Jun 29, 2022 | Daniel Ford | UBS | $25.00 | $20.37 | 22.73% | 34.84% |
| Jun 23, 2022 | - | Morgan Stanley | $28.50 | $20.25 | 40.74% | 53.72% |
The latest AES stock forecast, released on Sep 11, 2024 by Julien Dumoulin-Smith from Jefferies, set a price target of $20.00, which represents a 11.98% increase from the stock price at the time of the forecast ($17.86), and a 7.87% increase from AES last price ($18.54).
AES Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $20.00 | $20.00 | $24.00 |
| Last Closing Price | $18.54 | $18.54 | $18.54 |
| Upside/Downside | 7.87% | 7.87% | 29.45% |
In the current month, the average price target of AES stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.87% increase as opposed to AES's last price of $18.54. This month's average price target is down 0.00% compared to last quarter, and down -16.67% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 11, 2024 | Jefferies | - | Buy | Initialise |
| Jun 25, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 25, 2024 | UBS | Buy | Buy | Hold |
| Jun 25, 2024 | Barclays | Overweight | Overweight | Hold |
| May 21, 2024 | Seaport Global | - | Neutral | Downgrade |
| May 17, 2024 | UBS | Buy | Buy | Hold |
| May 17, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Apr 18, 2024 | UBS | Buy | Buy | Hold |
| Apr 18, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Mar 25, 2024 | Barclays | Underperform | Underperform | Hold |
AES's last stock rating was published by Jefferies on Sep 11, 2024. The company Initialise its AES rating from "null" to "Buy".
AES Financial Forecast
AES Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.97B | $3.43B | $3.03B | $3.24B | $3.06B | $3.63B | $3.08B | $2.85B | $2.77B | $3.04B |
| Avg Forecast | $3.82B | $3.76B | $3.71B | $3.65B | $3.60B | $3.55B | $3.50B | $3.45B | $3.40B | $3.35B | $3.30B | $3.26B | $3.25B | $3.56B | $3.15B | $3.14B | $3.17B | $3.46B | $3.22B | $3.20B | $3.36B | $3.57B | $3.08B | $2.84B | $2.34B | $2.93B | $2.52B | $2.38B | $2.64B | $2.56B |
| High Forecast | $4.11B | $4.05B | $3.99B | $3.93B | $3.88B | $3.82B | $3.76B | $3.71B | $3.66B | $3.61B | $3.55B | $3.50B | $3.50B | $3.83B | $3.39B | $3.38B | $3.41B | $3.55B | $3.46B | $3.44B | $4.08B | $3.84B | $3.31B | $3.06B | $2.52B | $3.15B | $2.67B | $2.52B | $2.80B | $2.71B |
| Low Forecast | $3.48B | $3.43B | $3.38B | $3.33B | $3.29B | $3.24B | $3.19B | $3.15B | $3.10B | $3.06B | $3.01B | $2.97B | $2.96B | $3.25B | $2.87B | $2.87B | $2.89B | $3.33B | $2.94B | $2.92B | $2.78B | $3.26B | $2.81B | $2.59B | $2.14B | $2.67B | $2.34B | $2.21B | $2.45B | $2.37B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.96% | 0.98% | 1.14% | 1.31% | 1.24% | 1.22% | 1.20% | 1.05% | 1.19% |
AES's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.20B, with a low forecast of $2.92B, and a high forecast of $3.44B. AES's average Quarter revenue forecast represents a 7.71% increase compared to the company's last Quarter revenue of $2.97B (Dec 23).
AES EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-650.00M | $1.77B | $841.00M | $931.00M | $728.00M | $1.21B | $869.00M | $818.00M | $-337.00M | $968.00M |
| Avg Forecast | $1.05B | $1.04B | $1.02B | $1.01B | $991.94M | $977.72M | $963.69M | $949.87M | $936.25M | $922.83M | $909.59M | $896.55M | $895.08M | $980.59M | $867.79M | $865.49M | $872.58M | $951.71M | $886.78M | $1.06B | $924.52M | $982.84M | $847.15M | $966.63M | $645.79M | $946.49M | $694.29M | $878.75M | $727.72M | $703.85M |
| High Forecast | $1.13B | $1.11B | $1.10B | $1.08B | $1.07B | $1.05B | $1.04B | $1.02B | $1.01B | $993.01M | $978.77M | $964.73M | $963.15M | $1.06B | $933.79M | $931.31M | $938.95M | $978.00M | $954.22M | $1.28B | $1.12B | $1.06B | $911.58M | $1.16B | $694.90M | $1.14B | $734.97M | $1.05B | $770.36M | $745.09M |
| Low Forecast | $958.71M | $944.96M | $931.41M | $918.05M | $904.88M | $891.91M | $879.12M | $866.51M | $854.08M | $841.83M | $829.76M | $817.86M | $816.52M | $894.53M | $791.63M | $789.53M | $796.00M | $917.54M | $808.95M | $850.63M | $766.46M | $896.58M | $772.80M | $773.30M | $589.11M | $757.19M | $643.71M | $703.00M | $674.71M | $652.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.70% | 1.80% | 0.99% | 0.96% | 1.13% | 1.27% | 1.25% | 0.93% | -0.46% | 1.38% |
3 analysts predict AES's average Quarter EBITDA for Dec 23 to be $924.52M, with a high of $1.12B and a low of $766.46M. This is -47.83% lower than AES's previous annual EBITDA (Sep 23) of $1.77B.
AES Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-497.00M | $523.00M | $326.00M | $151.00M | $-969.00M | $421.00M | $-141.00M | $204.00M | $-1.32B | $343.00M |
| Avg Forecast | $397.57M | $676.21M | $390.80M | $514.22M | $347.37M | $590.93M | $341.53M | $449.40M | $308.09M | $524.05M | $302.88M | $398.50M | $350.49M | $493.70M | $324.45M | $347.59M | $330.06M | $427.07M | $259.93M | $173.94M | $477.00M | $384.94M | $155.08M | $158.13M | $331.16M | $335.38M | $217.69M | $143.75M | $304.58M | $313.72M |
| High Forecast | $436.88M | $743.07M | $429.43M | $565.05M | $381.72M | $649.36M | $375.29M | $493.84M | $338.55M | $575.87M | $332.83M | $437.90M | $385.14M | $542.51M | $356.53M | $381.95M | $362.70M | $448.42M | $285.63M | $208.72M | $483.92M | $423.00M | $170.41M | $189.75M | $363.90M | $402.45M | $234.26M | $172.50M | $327.78M | $337.61M |
| Low Forecast | $352.21M | $599.06M | $346.20M | $455.54M | $307.74M | $523.51M | $302.56M | $398.13M | $272.94M | $464.26M | $268.32M | $353.03M | $310.50M | $437.38M | $287.43M | $307.93M | $292.40M | $398.60M | $230.28M | $139.15M | $422.58M | $341.02M | $137.38M | $126.50M | $293.38M | $268.30M | $197.07M | $115.00M | $275.73M | $284.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.04% | 1.36% | 2.10% | 0.95% | -2.93% | 1.26% | -0.65% | 1.42% | -4.34% | 1.09% |
AES's average Quarter net income forecast for Dec 23 is $477.00M, with a range of $422.58M to $483.92M. AES's average Quarter net income forecast represents a -8.79% decrease compared to the company's last Quarter net income of $523.00M (Sep 23).
AES SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $64.00M | $64.00M | $75.00M | $55.00M | $58.00M | $51.00M | $46.00M | $52.00M | $25.00M | $39.00M |
| Avg Forecast | $66.97M | $66.01M | $65.06M | $64.13M | $63.21M | $62.30M | $61.41M | $60.53M | $59.66M | $58.80M | $57.96M | $57.13M | $57.03M | $62.48M | $55.30M | $55.15M | $55.60M | $60.64M | $56.51M | $78.65M | $58.91M | $62.63M | $53.98M | $71.50M | $41.15M | $38.13M | $44.24M | $65.00M | $46.37M | $44.85M |
| High Forecast | $72.06M | $71.03M | $70.01M | $69.00M | $68.01M | $67.04M | $66.08M | $65.13M | $64.19M | $63.27M | $62.37M | $61.47M | $61.37M | $67.23M | $59.50M | $59.34M | $59.83M | $62.32M | $60.80M | $94.38M | $71.64M | $67.39M | $58.09M | $85.80M | $44.28M | $45.76M | $46.83M | $78.00M | $49.09M | $47.48M |
| Low Forecast | $61.09M | $60.21M | $59.35M | $58.50M | $57.66M | $56.83M | $56.02M | $55.21M | $54.42M | $53.64M | $52.87M | $52.11M | $52.03M | $57.00M | $50.44M | $50.31M | $50.72M | $58.46M | $51.55M | $62.92M | $48.84M | $57.13M | $49.24M | $57.20M | $37.54M | $30.51M | $41.02M | $52.00M | $42.99M | $41.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.02% | 1.39% | 0.77% | 1.41% | 1.34% | 1.04% | 0.80% | 0.54% | 0.87% |
AES's average Quarter SG&A projection for Mar 24 is $78.65M, based on 1 Wall Street analysts, with a range of $62.92M to $94.38M. The forecast indicates a 22.89% rise compared to AES last annual SG&A of $64.00M (Dec 23).
AES EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.06 | $0.22 | $-1.45 | $0.63 | $-0.21 | $0.31 | $-1.99 | $0.52 |
| Avg Forecast | $0.56 | $0.95 | $0.55 | $0.72 | $0.49 | $0.83 | $0.48 | $0.63 | $0.43 | $0.73 | $0.42 | $0.56 | $0.49 | $0.69 | $0.46 | $0.49 | $0.46 | $0.60 | $0.36 | $0.34 | $0.67 | $0.54 | $0.22 | $0.22 | $0.46 | $0.54 | $0.31 | $0.26 | $0.43 | $0.44 |
| High Forecast | $0.61 | $1.04 | $0.60 | $0.79 | $0.54 | $0.91 | $0.53 | $0.69 | $0.47 | $0.81 | $0.47 | $0.61 | $0.54 | $0.76 | $0.50 | $0.54 | $0.51 | $0.63 | $0.40 | $0.38 | $0.68 | $0.59 | $0.24 | $0.25 | $0.51 | $0.60 | $0.33 | $0.29 | $0.46 | $0.47 |
| Low Forecast | $0.49 | $0.84 | $0.49 | $0.64 | $0.43 | $0.73 | $0.42 | $0.56 | $0.38 | $0.65 | $0.38 | $0.50 | $0.44 | $0.61 | $0.40 | $0.43 | $0.41 | $0.56 | $0.32 | $0.30 | $0.59 | $0.48 | $0.19 | $0.20 | $0.41 | $0.48 | $0.28 | $0.24 | $0.39 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.28% | 0.98% | -3.12% | 1.16% | -0.69% | 1.17% | -4.66% | 1.18% |
According to 1 Wall Street analysts, AES's projected average Quarter EPS for Jun 23 is $0.22, with a low estimate of $0.19 and a high estimate of $0.24. This represents a -1.14% decrease compared to AES previous annual EPS of $0.22 (Mar 23).
AES Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AES | AES | $18.54 | $26.71 | 44.07% | Buy |
| MNTK | Montauk Renewables | $4.48 | $6.25 | 39.51% | Hold |
| BIP | Brookfield Infrastructure Finance ULC | $33.19 | $43.89 | 32.24% | Buy |
| AVA | Avista | $38.54 | $37.75 | -2.05% | Buy |
| BKH | Black Hills | $60.55 | $57.00 | -5.86% | Hold |
| ALE | ALLETE | $64.08 | $58.00 | -9.49% | Buy |
| NWE | NorthWestern | $55.94 | $50.40 | -9.90% | Buy |
AES Forecast FAQ
Is AES a good buy?
Yes, according to 9 Wall Street analysts, AES (AES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of AES's total ratings.
What is AES's price target?
AES (AES) average price target is $26.71 with a range of $20 to $32, implying a 44.07% from its last price of $18.54. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will AES stock go up soon?
According to Wall Street analysts' prediction for AES stock, the company can go up by 44.07% (from the last price of $18.54 to the average price target of $26.71), up by 72.60% based on the highest stock price target, and up by 7.87% based on the lowest stock price target.
Can AES stock reach $30?
AES's highest twelve months analyst stock price target of $32 supports the claim that AES can reach $30 in the near future.
What is AES's current price target trend?
1 Wall Street analyst forecast a $20 price target for AES (AES) this month, up 7.87% from its last price of $18.54. Compared to the last 3 and 12 months, the average price target increased by 7.87% and increased by 29.45%, respectively.
What are AES's analysts' financial forecasts?
AES's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $14.1B (high $15.17B, low $12.86B), average EBITDA is $3.88B (high $4.18B, low $3.54B), average net income is $1.73B (high $1.9B, low $1.53B), average SG&A $247.44M (high $266.26M, low $225.72M), and average EPS is $2.43 (high $2.67, low $2.15). AES's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $14.94B (high $16.07B, low $13.63B), average EBITDA is $4.11B (high $4.43B, low $3.75B), average net income is $1.98B (high $2.17B, low $1.75B), average SG&A $262.16M (high $282.09M, low $239.15M), and average EPS is $2.78 (high $3.05, low $2.46).
Did the AES's actual financial results beat the analysts' financial forecasts?
Based on AES's last annual report (Dec 2023), the company's revenue was $12.67B, which missed the average analysts forecast of $12.84B by -1.34%. Apple's EBITDA was $-189M, missing the average prediction of $3.72B by -105.08%. The company's net income was $365M, missing the average estimation of $1.18B by -68.94%. Apple's SG&A was $255M, beating the average forecast of $247.02M by 3.23%. Lastly, the company's EPS was $0, missing the average prediction of $1.65 by -100.00%. In terms of the last quarterly report (Dec 2023), AES's revenue was $2.97B, missing the average analysts' forecast of $3.36B by -11.58%. The company's EBITDA was $-650M, missing the average prediction of $924.52M by -170.31%. AES's net income was $-497M, missing the average estimation of $477M by -204.19%. The company's SG&A was $64M, beating the average forecast of $58.91M by 8.64%. Lastly, the company's EPS was $0, missing the average prediction of $0.669 by -100.00%