The AES Corporation Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for The AES Corporation stock have an average target of $15, which predicts a 2.25% increase from the current stock price of 14.67.

Price Target: $15 (+2.25%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$15	$15	$15	$15
Change	+2.25%	+2.25%	+2.25%	+2.25%

* Price targets were last updated on May 7, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	5	4	2	1	1	0
Buy	3	2	0	0	0	0
Hold	4	7	9	10	10	10
Sell	1	1	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	14	14	11	11	11	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Sell Maintains $12 → $16	Sell	Maintains	$12 → $16	+9.07%	May 7, 2026
Charles Minervino Susquehanna	Susquehanna	Hold Downgrades $15	Hold	Downgrades	$15	+2.25%	Apr 9, 2026
John Eade Argus Research	Argus Research	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Mar 26, 2026
Nicholas Amicucci Evercore ISI	Evercore ISI	Hold Maintains $15	Hold	Maintains	$15	+2.25%	Mar 5, 2026
Anthony Crowdell Mizuho Securities	Mizuho Securities	Hold Downgrades $15	Hold	Downgrades	$15	+2.25%	Mar 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

14.33B

from 12.23B

17.16%

from 12.23B

Revenue Next Year

13.44B

from 14.33B

-6.22%

from 14.33B

EPS This Year

2.02

from 2.34

-13.68%

from 2.34

EPS Next Year

2.38

from 2.02

17.80%

from 2.02

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	11.14B	12.62B	12.67B	12.28B	12.23B	14.33B
Revenue Growth	15.33%	13.25%	0.40%	-3.08%	-0.37%	17.16%
Net Income	-409.00M	-546.00M	249.00M	1.68B	910.00M	1.45B
EPS	-	-	-	-	2.34	2.02
EPS Growth	-	-	-	-	9.35%	-13.68%
Forward PE	15.00	16.18	9.21	6.15	5.99	7.26
Dividend / Share	0.61	0.64	0.67	0.69	0.70	0.70
Dividend Growth	-	4.99%	4.74%	3.48%	1.49%	-0.54%
Free Cash Flow	-760.63M	-3.33B	-4.73B	-6.71B	-3.09B	1.28B
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	14.3B
Avg	14.3B
Low	14.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	17.2%
Avg	17.2%
Low	17.2%

EPS Forecast

EPS	2026	2027	2028
High	2.02
Avg	2.02
Low	2.02

EPS Growth

EPS Growth	2026	2027	2028
High	-13.7%
Avg	-13.7%
Low	-13.7%