American Electric Power Company, Inc. (AEP)

AEP Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for AEP stock have an average target of 98, with a low estimate of 83 and a high estimate of 112. The average target predicts an increase of 0.77% from the current stock price of 97.25.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$83	$98	$100	$112
Change	-14.65%	+0.77%	+2.83%	+15.17%

Analyst Ratings

The average analyst rating for AEP stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	6	5	5	5	5	5
Hold	6	6	6	7	7	7
Sell	0	0	1	0	0	0
Strong Sell	1	1	1	1	1	1
Total	14	13	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeremy Tonet JP Morgan	JP Morgan	Buy Maintains $108 → $112	Buy	Maintains	$108 → $112	+15.17%	Oct 18, 2024
Neil Kalton Wells Fargo	Wells Fargo	Hold Maintains $98 → $104	Hold	Maintains	$98 → $104	+6.94%	Oct 16, 2024
Nicholas Campanella Barclays	Barclays	Hold Maintains $96 → $100	Hold	Maintains	$96 → $100	+2.83%	Oct 15, 2024
James Thalacker BMO Capital	BMO Capital	Buy Maintains $114 → $111	Buy	Maintains	$114 → $111	+14.14%	Oct 4, 2024
James Thalacker BMO Capital	BMO Capital	Buy Maintains $109 → $114	Buy	Maintains	$109 → $114	+17.22%	Oct 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.47B

Increased by 7.86%

from 18.98B

Revenue Next Year

21.31B

Increased by 4.09%

from 20.47B

EPS This Year

5.68

Increased by 33.92%

from 4.24

EPS Next Year

6.04

Increased by 6.45%

from 5.68

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	15.56B	14.92B	16.79B	19.64B	18.98B	20.47B	21.31B	22.04B
Revenue Growth	-3.92%	-4.13%	12.56%	16.96%	-3.35%	7.86%	4.09%	3.42%
EPS	3.88	4.42	4.96	4.49	4.24	5.68	6.04	6.40
EPS Growth	-0.51%	13.92%	12.22%	-9.48%	-5.57%	33.92%	6.45%	5.89%
Forward PE	-	-	-	-	-	17.13	16.09	15.19
No. Analysts	-	-	-	-	-	22	22	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	22.3B	23.6B	24.4B
Avg	20.5B	21.3B	22.0B
Low	18.6B	19.7B	19.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	17.3%	15.1%	14.4%
Avg	7.9%	4.1%	3.4%
Low	-2.1%	-3.9%	-6.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.01	6.48	6.89
Avg	5.68	6.04	6.40
Low	5.41	5.74	6.07

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	41.7%	14.1%	14.0%
Avg	33.9%	6.5%	5.9%
Low	27.6%	1.1%	0.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.