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AES (AES) Stock Forecast, Price Target & Predictions

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AES Stock Forecast

AES stock forecast is as follows: an average price target of $21.50 (represents a 92.83% upside from AES’s last price of $11.15) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

AES Price Target

The average price target for AES (AES) is $21.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $20.00. This represents a potential 92.83% upside from AES's last price of $11.15.

AES Analyst Ratings

Buy

According to 10 Wall Street analysts, AES's rating consensus is 'Buy'. The analyst rating breakdown for AES stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

AES Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 18, 2024Durgesh ChopraEvercore ISI$23.00$19.2419.54%106.28%
Sep 11, 2024Julien Dumoulin-SmithJefferies$20.00$17.8611.98%79.37%
May 31, 2024Gary HovisArgus Research$28.00$21.7728.62%151.12%
May 17, 2024Anthony CrowdellMizuho Securities$24.00$21.2113.15%115.25%
Aug 02, 2023Shelby TuckerRBC Capital$32.00$20.8853.26%187.00%
Aug 02, 2023Gregg OrrillUBS$26.00$21.0423.57%133.18%
Nov 29, 2022UBS$33.00$28.0417.69%195.96%
Aug 18, 2022Morgan Stanley$32.00$25.3626.18%187.00%
Jul 21, 2022Morgan Stanley$29.50$19.9847.65%164.57%
Jun 29, 2022Daniel FordUBS$25.00$20.3722.73%124.22%
Jun 23, 2022Morgan Stanley$28.50$20.2540.74%155.61%
Jun 13, 2022Morgan Stanley$29.00$19.9945.07%160.09%
Apr 26, 2022Credit Suisse$25.00$22.0813.22%124.22%
Apr 20, 2022Morgan Stanley$32.50$24.9230.42%191.48%
May 03, 2021Gary HovisArgus Research$36.00$26.8234.23%222.87%

The latest AES stock forecast, released on Sep 18, 2024 by Durgesh Chopra from Evercore ISI, set a price target of $23.00, which represents a 19.54% increase from the stock price at the time of the forecast ($19.24), and a 106.28% increase from AES last price ($11.15).

AES Price Target by Period

1M3M12M
# Anlaysts--4
Avg Price Target--$23.75
Last Closing Price$11.15$11.15$11.15
Upside/Downside-100.00%-100.00%113.00%

In the current month, the average price target of AES stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AES's last price of $11.15. 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
Sep 18, 2024Evercore ISIOutperformOutperformHold
Sep 11, 2024JefferiesBuyInitialise
Jun 25, 2024RBC CapitalUnderperformUnderperformHold
Jun 25, 2024UBSBuyBuyHold
Jun 25, 2024BarclaysOverweightOverweightHold
May 21, 2024Seaport GlobalNeutralDowngrade
May 17, 2024UBSBuyBuyHold
May 17, 2024RBC CapitalUnderperformUnderperformHold
Apr 18, 2024UBSBuyBuyHold
Apr 18, 2024RBC CapitalUnderperformUnderperformHold
Mar 25, 2024BarclaysUnderperformUnderperformHold
Mar 25, 2024Morgan StanleyOverweightOverweightHold
Aug 02, 2023National Securities CorporationBuyBuyHold
Aug 02, 2023GuggenheimBuyUpgrade
Aug 02, 2023Wells FargoOverweightOverweightHold
Aug 02, 2023UBSBuyBuyHold
Aug 02, 2023RBC CapitalOutperformOutperformHold
Jan 31, 2023CFRABuyUpgrade
Nov 29, 2022UBSBuyBuyHold
Aug 18, 2022Morgan StanleyOverweightOverweightHold
Jul 21, 2022Morgan StanleyOverweightOverweightHold
Jun 29, 2022UBSBuyBuyHold
Jun 13, 2022Morgan StanleyOverweightOverweightHold

AES's last stock rating was published by Evercore ISI on Sep 18, 2024. The company gave AES a "Outperform" rating, the same as its previous rate.

AES Financial Forecast

AES 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 22
Revenue--------------------$2.97B$3.43B$3.03B$3.24B$3.06B$3.63B
Avg Forecast$4.20B$4.14B$4.08B$4.03B$3.97B$3.91B$3.86B$3.80B$3.12B$3.47B$3.08B$3.25B$3.09B$3.24B$2.97B$3.07B$3.09B$3.46B$3.22B$3.20B$3.36B$3.57B$3.08B$2.84B$2.34B$2.93B
High Forecast$4.34B$4.28B$4.21B$4.15B$4.09B$4.04B$3.98B$3.92B$3.22B$3.58B$3.18B$3.36B$3.19B$3.34B$3.07B$3.16B$3.21B$3.46B$3.22B$3.20B$4.08B$3.57B$3.17B$2.84B$2.46B$2.93B
Low Forecast$4.09B$4.03B$3.97B$3.91B$3.86B$3.80B$3.75B$3.69B$3.03B$3.37B$3.00B$3.16B$3.01B$3.15B$2.89B$2.99B$2.88B$3.46B$3.22B$3.20B$2.78B$3.57B$2.99B$2.84B$2.26B$2.93B
# Analysts11111111111111123111311111
Surprise %--------------------0.88%0.96%0.98%1.14%1.31%1.24%

AES's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.20B, with a low forecast of $3.20B, and a high forecast of $3.20B. 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 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 22
# Analysts11111111111111123111311111
EBITDA--------------------$-650.00M$1.77B$841.00M$931.00M$728.00M$1.21B
Avg Forecast$1.04B$1.02B$1.01B$994.41M$980.15M$966.09M$952.23M$938.58M$770.50M$856.16M$761.79M$803.84M$763.77M$799.26M$734.24M$758.06M$762.68M$854.88M$795.19M$1.06B$829.03M$982.84M$759.66M$966.63M$-353.46M$806.89M
High Forecast$1.07B$1.06B$1.04B$1.03B$1.01B$996.85M$982.56M$968.47M$795.04M$883.42M$786.05M$829.44M$788.09M$824.71M$757.62M$781.10M$793.95M$854.89M$795.19M$1.28B$1.01B$983.38M$783.85M$1.16B$-282.77M$806.89M
Low Forecast$1.01B$995.10M$980.83M$966.76M$952.90M$939.23M$925.76M$912.48M$749.08M$832.35M$740.61M$781.49M$742.53M$777.04M$713.82M$737.32M$712.15M$854.87M$795.19M$850.63M$687.30M$982.30M$738.54M$773.30M$-424.15M$806.89M
Surprise %---------------------0.78%1.80%1.11%0.96%-2.06%1.49%

3 analysts predict AES's average Quarter EBITDA for Dec 23 to be $829.03M, with a high of $1.01B and a low of $687.30M. This is -53.21% lower than AES's previous annual EBITDA (Sep 23) of $1.77B.

AES 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 22
# Analysts11111111111111123111311111
Net Income--------------------$-497.00M$523.00M$326.00M$151.00M$-969.00M$421.00M
Avg Forecast$301.53M$617.53M$330.48M$434.86M$286.34M$586.37M$313.86M$412.97M$347.16M$500.88M$323.95M$347.44M$287.30M$500.01M$299.60M$343.70M$255.78M$424.27M$259.93M$173.94M$477.00M$384.94M$155.08M$158.13M$-662.87M$386.31M
High Forecast$314.01M$643.09M$344.16M$452.86M$298.19M$610.64M$326.85M$430.07M$361.53M$521.62M$337.36M$361.83M$299.20M$520.71M$311.99M$374.25M$468.03M$427.82M$260.09M$208.72M$483.92M$386.41M$161.49M$189.75M$-530.29M$386.31M
Low Forecast$290.63M$595.21M$318.53M$419.14M$276.00M$565.18M$302.52M$398.05M$334.61M$482.78M$312.24M$334.89M$276.92M$481.94M$288.76M$313.15M$168.71M$420.72M$259.77M$139.15M$459.76M$383.47M$149.47M$126.50M$-795.44M$386.31M
Surprise %---------------------1.04%1.36%2.10%0.95%1.46%1.09%

AES's average Quarter net income forecast for Dec 23 is $477.00M, with a range of $459.76M 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 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 22
# Analysts11111111111111123111311111
SG&A--------------------$64.00M$64.00M$75.00M$55.00M$58.00M$51.00M
Avg Forecast$74.07M$73.01M$71.96M$70.93M$69.91M$68.91M$67.92M$66.95M$54.96M$61.07M$54.34M$57.34M$54.48M$57.01M$52.37M$54.07M$54.40M$60.98M$56.72M$78.65M$59.13M$62.63M$54.19M$71.50M$37.76M$51.42M
High Forecast$76.43M$75.33M$74.25M$73.19M$72.14M$71.10M$70.09M$69.08M$56.71M$63.01M$56.07M$59.16M$56.21M$58.83M$54.04M$55.72M$56.63M$60.98M$56.72M$94.38M$71.92M$62.66M$55.91M$85.80M$45.31M$51.42M
Low Forecast$72.01M$70.98M$69.96M$68.96M$67.97M$66.99M$66.03M$65.09M$53.43M$59.37M$52.83M$55.74M$52.96M$55.43M$50.92M$52.59M$50.80M$60.98M$56.72M$62.92M$49.02M$62.59M$52.68M$57.20M$30.21M$51.42M
Surprise %--------------------1.08%1.02%1.38%0.77%1.54%0.99%

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 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 22
# Analysts11111111111111123111311111
EPS----------------------$-0.06$0.22$-1.45$0.63
Avg Forecast$0.42$0.87$0.46$0.61$0.40$0.82$0.44$0.58$0.49$0.70$0.45$0.49$0.40$0.70$0.42$0.48$0.36$0.60$0.36$0.34$0.67$0.54$0.22$0.22$0.46$0.54
High Forecast$0.44$0.90$0.48$0.64$0.42$0.86$0.46$0.60$0.51$0.73$0.47$0.51$0.42$0.73$0.44$0.52$0.66$0.60$0.36$0.34$0.68$0.54$0.23$0.22$0.49$0.54
Low Forecast$0.41$0.83$0.45$0.59$0.39$0.79$0.42$0.56$0.47$0.68$0.44$0.47$0.39$0.68$0.41$0.44$0.24$0.59$0.36$0.34$0.64$0.54$0.21$0.22$0.44$0.54
Surprise %-----------------------0.28%0.98%-3.12%1.16%

According to 1 Wall Street analysts, AES's projected average Quarter EPS for Jun 23 is $0.22, with a low estimate of $0.21 and a high estimate of $0.23. This represents a -1.14% decrease compared to AES previous annual EPS of $0.22 (Mar 23).

AES Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AESAES$11.15$21.5092.83%Buy
MNTKMontauk Renewables$4.13$6.2551.33%Hold
BIPBrookfield Infrastructure Partners$32.13$40.0024.49%Buy
NWENorthWestern$53.69$60.5012.68%Buy
AVAAvista$36.00$40.0011.11%Hold
OTTROtter Tail$77.50$81.004.52%Hold
BKHBlack Hills$58.10$57.00-1.89%Hold
ALEALLETE$65.35$58.00-11.25%Buy

AES Forecast FAQ

Is AES a good buy?

Yes, according to 10 Wall Street analysts, AES (AES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of AES's total ratings.

What is AES's price target?

AES (AES) average price target is $21.5 with a range of $20 to $23, implying a 92.83% from its last price of $11.15. The data is based on 10 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 92.83% (from the last price of $11.15 to the average price target of $21.5), up by 106.28% based on the highest stock price target, and up by 79.37% based on the lowest stock price target.

Can AES stock reach $20?

AES's average twelve months analyst stock price target of $21.5 supports the claim that AES can reach $20 in the near future.

What are AES's analysts' financial forecasts?

AES's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $15.54B (high $16.03B, low $15.1B), average EBITDA is $3.84B (high $3.96B, low $3.73B), average net income is $1.6B (high $1.67B, low $1.54B), average SG&A $273.69M (high $282.41M, low $266.09M), and average EPS is $2.24 (high $2.34, low $2.16). AES's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $16.46B (high $16.98B, low $16B), average EBITDA is $4.07B (high $4.19B, low $3.95B), average net income is $1.68B (high $1.75B, low $1.62B), average SG&A $289.97M (high $299.21M, low $281.91M), and average EPS is $2.36 (high $2.46, low $2.28).

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 $3.54B by -105.34%. 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 $247.45M by 3.05%. 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 $829.03M by -178.40%. 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 $59.13M by 8.23%. Lastly, the company's EPS was $0, missing the average prediction of $0.669 by -100.00%