American Electric Power (AEP)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
$124.50-0.17%
Close 2026-09-04 · 1-day change
NASDAQUtilitiesRegulated ElectricSnapshot 2026-09-04
Research Workspace
Put AEP beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Electric Utilities is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 10% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationRelatively steady — typically moves about 1% a day.
View RiskHealthy across the board
AEP's growth depends on rising electricity demand from data centers and EVs. The company raised its 2025 earnings guidance and aims for 69 GW of contracted load. Revenue growth is steady, with the last quarter showing a miss. AEP trades at 2.1× price-to-book, slightly above the 2.0× peer median. This suggests the price reflects modest growth expectations compared to our view. A specific risk is if AEP cuts guidance after raising it recently. Peer multiples imply a price about 12% below where it trades. This read is provisional.
Trailing returns as of 2026-09-04. AEP is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 23 analysts currently covering AEP (as of Sep 2026).
Based on 5 Wall Street analysts offering 12-month price targets for AEP in the last 4 months.
Continue this research
Compare AEP with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| AEP Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Electric Utilities — fair value, gap to price, and forward P/E.
Compare the value case
Put AEP next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Maintain customer affordability with cost offsets and regulatory progress
Storms impact customer affordability and regulatory progress.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $124.50
The last 12 months of price, then the range of analyst 12-month targets from today’s $124.50.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Expand contracted load growth to 69 GW by 2030
Securing gas turbines directly supports contracted load growth objective.
Advances: Reaffirm 2025 earnings guidance
Raised guidance supports reaffirming 2025 earnings outlook.
Advances: Reaffirm 2025 earnings guidance
Earnings call summary confirms positive outlook for 2025 guidance.
Advances: Reaffirm 2026 earnings outlook
Reaffirms 2026 earnings outlook with specific EPS target.
Advances: Increase operating earnings
Q2 earnings call supports increase in operating earnings.
Threatens: Reaffirm 2026 earnings outlook
Missed earnings estimates raises concerns about growth outlook.
Advances: Invest in transmission infrastructure
Secures funding for transmission infrastructure investment.
