American Electric Power (AEP)
NASDAQUtilitiesRegulated ElectricSnapshot 2026-10-30
$130.21+0.67%
Close 2026-10-30 · 1-day change
NASDAQUtilitiesRegulated ElectricSnapshot 2026-10-30
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 steady. 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 11% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
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 investment case rests on expanding contracted load and its capital plan supporting durable earnings growth. Recent financial performance is strong, though revenue growth is flat in the reported 2026 quarters. Third-quarter 2026 non-GAAP EPS beat consensus by 9.3%. AEP trades at 2.1× P/B versus a 2.0× peer median. The price reflects less growth than our forecast, despite the modest peer premium. Execution delays or a guidance cut could undermine the growth case. Our model puts the next-quarter miss probability at 23%. Peer multiples imply a price about 13% below where it trades; our read remains intact, and this read is provisional.
Trailing returns as of 2026-10-30. AEP is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 26 analysts currently covering AEP (as of Oct 2026).
Based on 9 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 2026-10-30. 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.
Advances: Raise and reaffirm 2026 operating earnings guidance
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 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $130.21
The last 12 months of price, then the range of analyst 12-month targets from today’s $130.21.
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.
Long-term EPS growth and a larger capital plan strengthen the growth and investment outlook.
Advances: Reaffirm 2026 earnings outlook
Beating estimates and reaffirming FY26 outlook support earnings confidence, though no guidance increase is reported.
Advances: Expand contracted load growth to 69 GW by 2030
Exploring a large nuclear project supports prospective contracted load growth, but no commitment is announced.
Advances: Expand contracted load growth to 69 GW by 2030
AEP’s partnership to explore Indiana SMRs supports load growth, though the project remains exploratory.
Advances: Expand contracted load growth to 69 GW by 2030
Advanced nuclear exploration aligns with meeting future demand; capacity and contracts are not yet secured.
Advances: Expand contracted load growth to 69 GW by 2030
The proposed 960-MW project could support load growth, but remains at the exploration stage.
Advances: Expand contracted load growth to 69 GW by 2030
Google deal supports contracted load growth, while the fair-value gap is valuation commentary.
Advances: Invest $78 billion in capital plan through 2030
Investment in fuel cells aligns with capital allocation goals.
