American Electric Power CompanyNasdaq: AEP
Utilities · Electric Utilities
$137.20
+0.06%
Vol: 1.6M
Research Digest
Friday, May 1, 2026
American Electric Power declared $0.95 quarterly dividend, hits all-time high $137.78 amid $72B capital plan.
American Electric Power reached all-time stock high $137.78, trading at $137.84 with 31.75% total return over past year. Declared 464th consecutive quarterly dividend of $0.95 per share, payable June 10. Targets operating earnings of $6.15-$6.45 per share for FY 2026 with long-term earnings growth guidance 7-9% through 2030. Shareholders approved $72B capital plan. Named Maryam S. Brown as President and COO of Indiana Michigan Power. Q1 earnings expected May 5.
Previous Market Intelligence
13 daysApr 30American Electric Power declares 95-cent dividend and reaffirms 2026 EPS guidance of $6.15-$6.45.Positive▶
American Electric Power declared a regular quarterly dividend of 95 cents per share, marking the company's 464th consecutive quarterly dividend. The company reaffirmed 2026 EPS guidance of $6.15 to $6.45 and doubled contracted load additions to 56 gigawatts backed by signed customer agreements. AEP appointed Maryam S. Brown as president and COO of Indiana Michigan Power effective April 27. The company plans $72 billion in capital investments through 2030. Analysts are positive with Jefferies maintaining a Buy at $152 price target and Seaport Global upgrading to Buy at $145.
Apr 16American Electric Power hits all-time high of $135.11; Barclays raises target to $135Positive▶
AEP stock reached an all-time high of $135.11 USD and has risen 36% over the past year, driven by strong electricity demand from data centers and AI infrastructure. Barclays maintained coverage and raised its price target to $135. The company announced plans to bring $4.2 billion in new electric infrastructure to Appalachian Ohio without raising rates. Analysts expect 2026 EPS of $6.33, up 6% from $5.97 in 2025, with mean price target of $137.95.
Apr 15American Electric Power raises FY2026 guidance with $4.2B Piketon data center grid project and strong Q1 performance.Positive▶
AEP announced a major $4.2B transmission infrastructure build in Ohio to support a 10-gigawatt data center campus and a 1 GW fuel cell supply agreement with Bloom Energy. The company maintains 6.150-6.450 EPS guidance for 2026 (up 6% YoY). Strong electricity demand from AI/data center infrastructure has strengthened growth narrative, with Wall Street maintaining Buy rating and mean price target of $137.95.
Apr 14American Electric Power announces $4.2B Ohio transmission grid project for data centers; names new I&M president.Positive▶
AEP named Maryam S. Brown as president and COO of Indiana Michigan Power effective April 27. Advancing planned $4.2B transmission build in Ohio for a 10-gigawatt data center campus. Shares gained 17.31% over 90 days and 37.33% over 12 months. Received only $11M in approved rate relief vs $97M requested from Ohio PUC. Q1 2026 earnings due May 5.
Apr 13American Electric Power hits all-time high of $135.11 on $4.2B Ohio data center grid project and strong 36% annual return.Positive▶
AEP reached all-time high of $135.11 driven by $4.2B electric transmission build announcement in Ohio to supply a 10-gigawatt data center campus. Stock up 36% over past year with 56 consecutive years of dividend payments. Company signed 1 GW fuel cell supply agreement with Bloom Energy. Q1 earnings May 5 will be key to sustaining gains.
Apr 10AEP stock hit all-time high of $135.11 on April 9; Icahn board observer agreement terminated effective April 28, 2026.Positive▶
American Electric Power hit all-time high of $135.11 on April 9, 2026. Ohio approved settlement allowing AEP Ohio to profit $11 million under approved rate increase, far less than $97 million requested. Icahn Group board observer agreement terminated effective April 28. AEP announced $4.2 billion electric transmission infrastructure project in Ohio. Positive momentum driven by $72 billion capital plan.
Apr 9American Electric Power announces $4.2B transmission partnership for Ohio data center campusPositive▶
American Electric Power announced a major partnership with the U.S. Department of Energy and SB Energy to invest $4.2 billion in transmission infrastructure for a 10-gigawatt data center campus at the former Piketon gaseous diffusion plant in Ohio. AEP maintains its $72 billion 2026-2030 capex plan and reaffirmed 2026 operating earnings guidance of $6.15-$6.45. Morgan Stanley raised its PT to $137 on March 23, reflecting confidence in growth driven by rising data center electricity demand.
Apr 8American Electric Power Gains Momentum on Data Center Power DemandPositive▶
AEP stock up 0.45% in 24 hours, 1.71% week-over-week. Aberdeen Group reduced 7.3% stake. Company benefits from growing data center demand with $72B capital plan underway. PSO seeking proposals for natural gas pipeline project. Analysts maintain Buy rating with $133 price target.
Apr 7American Electric Power advances $72B capital plan with Ohio data center infrastructure investments driving utility earnings growthPositive▶
AEP reported FY2025 results with 6% EPS beat and reaffirmed long-term guidance. The company announced multi-billion-dollar investments in advanced digital and energy infrastructure for data center growth in Appalachian Ohio, with a robust $72B capital deployment plan. The company achieved $11M profit under approved rate increase settlement in Ohio. AEP is experiencing positive momentum from strong demand for data center electricity, though consumer advocates have challenged a proposed formula rate for roughly $1.1B Ohio transmission project. Analysts rate stock Buy with average $133.0 price target.
Apr 6AEP leads utility sector with $72B investment plan and data center infrastructure expansionPositive▶
American Electric Power announced major capital allocation and leadership changes. The company reaffirmed 2026 operating earnings guidance of $6.15-$6.45 and long-term growth of 7-9%. A significant data center infrastructure project was announced with SB Energy and the U.S. Department of Energy for $4.2B in new transmission at Piketon. Leadership changes include Brian Abraham as Appalachian Power COO (April 13) and Adrian Rodriguez as AEP Texas president (March 30). The stock faces mixed analyst sentiment with a recent BofA downgrade to Neutral, though consensus rating remains Buy with $133 target.
Apr 3American Electric Power reaffirms 7-9% long-term growth, expects 8-9% annual retail load growth through 2027 driven by data center demand.Mixed▶
AEP reaffirmed 2026 operating earnings guidance of $6.15-6.45/share and 7-9% long-term growth rate. Company expects 8-9% annual retail load growth through 2027 driven by commercial/industrial data center demand. Capital plan increased beyond $72B. Regulatory pushback centers on formula rate for $1.1B Ohio transmission project tied to data center demand.
Apr 2American Electric Power announced multi-billion-dollar data center transmission infrastructure plan with SB Energy in Ohio.Positive▶
The U.S. Department of Energy, SB Energy, and AEP Ohio announced planned multi-billion-dollar investments in advanced digital infrastructure on March 20, 2026, including 765-kV transmission expansion for a planned 10-gigawatt data center campus at the former Piketon site. SB Energy is funding $4.2 billion in transmission infrastructure. AEP appointed Adrian Rodriguez as president and COO of AEP Texas and Brian Abraham as president and COO of Appalachian Power. The company maintains a $72 billion capital plan with $54 billion over 5 years. Analysts rate AEP as Buy with average PT of $133.
Apr 1American Electric Power advances data center infrastructure; DOE announces multi-billion-dollar plans for 10-GW data center campus.Positive▶
The U.S. Department of Energy, SB Energy, and AEP Ohio announced multi-billion-dollar plans for 765-kilovolt transmission infrastructure to power a planned 10-gigawatt data center campus. Adrian Rodriguez was named president and COO of AEP Texas. AEP is executing a $72B capital plan with strong growth.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CEGCONSTELLATION | $308.34 | -1.49% | +13.8% | 22.8x | 1.19 | $113.4B |
| SOSOUTHERN | $97.02 | +0.33% | -0.3% | 19.6x | 0.41 | $109.0B |
| DUKDUKE | $128.89 | -0.51% | -1.4% | 18.1x | 0.45 | $100.8B |
| AEPAMERICAN | $137.20 | +0.06% | +3.6% | 19.9x | 0.57 | $74.5B |
| ETRENTERGY | $116.83 | -0.92% | +2.9% | 23.6x | 0.56 | $54.0B |
| VSTVISTRA | $155.54 | -1.46% | +4.1% | 14.2x | 1.50 | $53.4B |
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