American Electric Power Company, Inc. (AEP)

AEP Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for AEP stock ranges from a low of $102 to a high of $139. The average analyst price target of $123.57 forecasts a 5.13% increase in the stock price over the next year.

Price Target: $123.57 (+5.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$102	$123.57	$123	$139
Change	-13.22%	+5.13%	+4.65%	+18.26%

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

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	3	2	2	1	2	2
Buy	3	3	3	4	4	4
Hold	6	7	7	9	7	7
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	13	13	13	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $128 → $137	Hold → Strong Buy	Upgrades	$128 → $137	+16.56%	Nov 17, 2025
Ryan Levine Citigroup	Citigroup	Hold Maintains $111 → $132	Hold	Maintains	$111 → $132	+12.30%	Oct 31, 2025
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $114 → $121	Hold	Maintains	$114 → $121	+2.94%	Oct 30, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Buy Maintains $123 → $130	Buy	Maintains	$123 → $130	+10.60%	Oct 30, 2025
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Buy Maintains $133 → $137	Buy	Maintains	$133 → $137	+16.56%	Oct 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

21.63B

Increased by 9.68%

from 19.72B

Revenue Next Year

23.27B

Increased by 7.57%

from 21.63B

EPS This Year

5.98

Increased by 7.18%

from 5.58

EPS Next Year

6.39

Increased by 6.91%

from 5.98

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	14.92B	16.79B	19.64B	18.98B	19.72B	21.63B	23.27B
Revenue Growth	-4.13%	12.56%	16.96%	-3.35%	3.89%	9.68%	7.57%
EPS	4.42	4.96	4.49	4.24	5.58	5.98	6.39
EPS Growth	13.92%	12.22%	-9.48%	-5.57%	31.60%	7.18%	6.91%
Forward PE	-	-	-	-	-	19.65	18.38
No. Analysts	-	-	-	-	-	24	24

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	24.4B	29.0B
Avg	21.6B	23.3B
Low	19.3B	20.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	23.6%	33.9%
Avg	9.7%	7.6%
Low	-2.1%	-4.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	6.34	6.76
Avg	5.98	6.39
Low	5.75	6.09

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	13.7%	13.1%
Avg	7.2%	6.9%
Low	3.1%	1.8%

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.