AEP Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, AEP stock has a consensus rating of "Buy" and an average price target of $144. The average 1-year stock price forecast is 19.07% higher than the current stock price, while the lowest is $129 (+6.66%) and the highest is $173 (+43.05%).

Price Target: $144 (+19.07%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$129	$144	$142.5	$173
Change	+6.66%	+19.07%	+17.83%	+43.05%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	9	11	11	11	10	10
Buy	2	2	3	2	3	3
Hold	12	11	10	11	11	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	23	24	24	24	24	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Buy Reiterates $139 → $135	Buy	Reiterates	$139 → $135	+11.63%	Aug 21, 2026
Carly Davenport Goldman Sachs	Goldman Sachs	Hold Maintains $147 → $150	Hold	Maintains	$147 → $150	+24.03%	Aug 20, 2026
Richard Sunderland Truist Financial	Truist Financial	Buy Maintains $146 → $139	Buy	Maintains	$146 → $139	+14.93%	Aug 17, 2026
Ryan Levine Citi	Citi	Hold Maintains $148 → $142	Hold	Maintains	$148 → $142	+17.41%	Aug 5, 2026
Michael Lonegan Barclays	Barclays	Hold Maintains $136 → $129	Hold	Maintains	$136 → $129	+6.66%	Aug 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

23.56B

from 21.88B

7.71%

from 21.88B

Revenue Next Year

25.14B

from 23.56B

6.69%

from 23.56B

EPS This Year

6.38

from 5.97

6.80%

from 5.97

EPS Next Year

6.85

from 6.38

7.49%

from 6.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	16.79B	19.64B	18.98B	19.72B	21.88B	23.56B
Revenue Growth	12.56%	16.96%	-3.35%	3.89%	10.93%	7.71%
Net Income	2.49B	2.31B	2.21B	2.97B	3.58B	3.54B
EPS	-	-	-	-	5.97	6.38
EPS Growth	-	-	-	-	6.23%	6.80%
Forward PE	18.06	17.99	14.51	16.13	18.69	18.97
Dividend / Share	3.00	3.17	3.37	3.57	3.74	3.85
Dividend Growth	5.63%	5.67%	6.31%	5.94%	4.76%	2.91%
Free Cash Flow	-3.26B	-2.81B	-3.06B	-2.01B	-5.14B	-3.10B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	26.8B
Avg	23.6B
Low	22.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	22.4%
Avg	7.7%
Low	1.2%

EPS Forecast

Chart

EPS	2026	2027	2028
High	6.55
Avg	6.38
Low	6.25

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	9.7%
Avg	6.8%
Low	4.7%