AEP Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for AEP stock have an average target of 90.54, with a low estimate of 81 and a high estimate of 101. The average target predicts an increase of 3.33% from the current stock price of 87.62.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$81	$90.54	$90	$101
Change	-7.56%	+3.33%	+2.72%	+15.27%

* Price targets were last updated on May 28, 2024.

Analyst Ratings

The average analyst rating for AEP stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	3	3	3	3	2	1
Buy	6	5	5	6	6	6
Hold	6	5	4	4	5	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	2	2	2	1
Total	16	14	14	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Fremont Ladenburg Thalmann	Ladenburg Thalmann	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Jun 6, 2024
Stephen Byrd Morgan Stanley	Morgan Stanley	Buy Maintains $91 → $98	Buy	Maintains	$91 → $98	+11.85%	May 28, 2024
James Thalacker BMO Capital	BMO Capital	Buy Maintains $95 → $99	Buy	Maintains	$95 → $99	+12.99%	May 14, 2024
Shelby Tucker RBC Capital	RBC Capital	Buy Maintains $90 → $100	Buy	Maintains	$90 → $100	+14.13%	May 3, 2024
Nicholas Campanella Barclays	Barclays	Hold Maintains $84 → $88	Hold	Maintains	$84 → $88	+0.43%	May 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

20.24B

from 18.98B

6.62%

from 18.98B

Revenue Next Year

21.02B

from 20.24B

3.87%

from 20.24B

EPS This Year

5.67

from 4.24

33.78%

from 4.24

EPS Next Year

6.04

from 5.67

6.44%

from 5.67

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	15.56B	14.92B	16.79B	19.64B	18.98B	20.24B	21.02B	21.69B	23.56B	24.75B
Revenue Growth	-3.92%	-4.13%	12.56%	16.96%	-3.35%	6.62%	3.87%	3.17%	8.64%	5.04%
EPS	3.88	4.42	4.96	4.49	4.24	5.67	6.04	6.41	6.78	7.26
EPS Growth	-0.51%	13.92%	12.22%	-9.48%	-5.57%	33.78%	6.44%	6.18%	5.70%	7.21%
Forward PE	-	-	-	-	-	15.45	14.51	13.67	12.93	12.06
No. Analysts	-	-	-	-	-	22	22	20	9	5

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	21.9B	22.8B	23.6B	26.2B	27.5B
Avg	20.2B	21.0B	21.7B	23.6B	24.7B
Low	18.3B	19.6B	19.9B	21.7B	22.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	15.3%	12.5%	12.3%	20.8%	16.6%
Avg	6.6%	3.9%	3.2%	8.6%	5.0%
Low	-3.8%	-3.3%	-5.5%	-0.1%	-5.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.95	6.43	6.92	7.21	7.71
Avg	5.67	6.04	6.41	6.78	7.26
Low	5.41	5.73	6.05	6.34	6.89

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	40.4%	13.3%	14.6%	12.5%	13.7%
Avg	33.8%	6.4%	6.2%	5.7%	7.2%
Low	27.6%	1.1%	0.2%	-1.1%	1.7%

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.