Citigroup Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock

American Electric Power (NASDAQ:AEP) had its price objective boosted by investment analysts at Citigroup from $132.00 to $148.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 11.64% from the stock’s current price.

AEP has been the topic of a number of other research reports. Argus lifted their price objective on American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Truist Financial initiated coverage on American Electric Power in a research note on Tuesday, April 21st. They issued a “buy” rating and a $148.00 price objective on the stock. Morgan Stanley reduced their price objective on American Electric Power from $137.00 to $136.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a research note on Wednesday, January 21st. Finally, UBS Group lifted their price objective on American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $140.05.

American Electric Power Price Performance

NASDAQ AEP traded down $4.47 during trading hours on Wednesday, reaching $132.57. The company’s stock had a trading volume of 2,817,905 shares, compared to its average volume of 3,321,518. The firm’s 50-day moving average price is $132.70 and its 200-day moving average price is $123.96. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. American Electric Power has a 1 year low of $97.46 and a 1 year high of $139.44. The company has a market capitalization of $72.06 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 3.16 and a beta of 0.56.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The company had revenue of $6.02 billion for the quarter, compared to analysts’ expectations of $5.72 billion. During the same period in the previous year, the firm earned $1.54 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, equities research analysts predict that American Electric Power will post 6.33 EPS for the current fiscal year.

Insider Activity at American Electric Power

In other news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the transaction, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This represents a 8.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On American Electric Power

Several large investors have recently modified their holdings of the stock. Townsend Asset Management Corp NC ADV increased its position in shares of American Electric Power by 19.7% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 2,762 shares of the company’s stock valued at $362,000 after purchasing an additional 455 shares during the last quarter. NovaPoint Capital LLC increased its position in shares of American Electric Power by 5.6% during the 1st quarter. NovaPoint Capital LLC now owns 11,838 shares of the company’s stock valued at $1,552,000 after purchasing an additional 630 shares during the last quarter. Main Street Group LTD bought a new position in American Electric Power in the 1st quarter valued at $51,000. Angeles Wealth Management LLC grew its position in American Electric Power by 12.2% in the 1st quarter. Angeles Wealth Management LLC now owns 3,455 shares of the company’s stock valued at $453,000 after acquiring an additional 376 shares during the last quarter. Finally, Bessemer Group Inc. grew its position in American Electric Power by 0.6% in the 1st quarter. Bessemer Group Inc. now owns 1,661,844 shares of the company’s stock valued at $217,834,000 after acquiring an additional 9,158 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

American Electric Power News Roundup

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP beat Q1 expectations on both EPS and revenue (operating EPS $1.64; revenue up ~10%), showing stronger-than-expected demand and margin performance. Zacks: AEP Tops Q1
• Positive Sentiment: AEP raised its five?year capital plan to $78B and reiterated FY?2026 operating EPS range ($6.15–$6.45), signaling strong growth investment tied to transmission, generation and customer load. Seeking Alpha: $78B Plan
• Positive Sentiment: Company says contracted capacity is expected to surge to ~63 GW by 2030, with a large share tied to data centers — a structural revenue tailwind. DataCenterDynamics: 63GW
• Positive Sentiment: Multiple analysts lifted price targets and ratings after the quarter (Wells Fargo to $148 OW; Mizuho and Barclays raised targets), reflecting refreshed earnings models. Benzinga: Analyst Raises
• Neutral Sentiment: GAAP results also improved (GAAP earnings +9% year?over?year), and management hosted an earnings call/slide deck that reiterated guidance; these validate the beat but contain few new surprises. PR Newswire: Q1 Release
• Negative Sentiment: CEO publicly criticized PJM/SPP interconnection delays and said AEP is reviewing membership — comments that raise regulatory and execution risk around projects and could delay customer hookups/revenue recognition. TDWorld: CEO on PJM
• Negative Sentiment: Investors may also be parsing the size/timing of the $78B capex plan (and associated funding/debt) and the company’s FY?2026 EPS range midpoint, which sits slightly below some consensus projections — a combination that can increase short?term selling pressure despite positive underlying trends. Reuters: Capex & Demand

About American Electric Power

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.