Brokerages Set American Electric Power Company, Inc. (NASDAQ:AEP) PT at $135.10

Analysts maintain 'Moderate Buy' rating on electric utility company's stock

Published on Mar. 9, 2026

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Shares of American Electric Power Company, Inc. (NASDAQ:AEP) have received a consensus 'Moderate Buy' rating from 22 research firms covering the company, with an average 12-month price target of $135.10. Several analysts have weighed in, with some upgrading the stock to 'buy' and others cutting it to 'neutral' based on the company's latest financial performance and outlook.

Why it matters

As a major electric utility serving customers across multiple states, American Electric Power's stock performance and analyst sentiment are closely watched indicators of the broader industry's health and investment prospects. The company's ability to navigate regulatory changes, adapt to evolving energy trends, and deliver consistent financial results are key factors influencing its valuation.

The details

The analysts' ratings and price targets reflect a range of views on AEP's future prospects. Some see the company's diversified generation assets, transmission network, and regulated utility operations as strengths that will drive steady growth, while others are more cautious given potential headwinds like rising costs and regulatory uncertainty. The stock's current trading price of around $132 suggests the market is pricing in a moderate outlook for the company.

  • On March 4th, LADENBURG THALM/SH SH upgraded AEP from 'neutral' to 'buy' and set a $148 price target.
  • On January 12th, Bank of America cut AEP from 'buy' to 'neutral' and lowered the price target from $131 to $122.
  • On March 2nd, Argus boosted the price target from $128 to $140 and maintained a 'buy' rating.

The players

American Electric Power Company, Inc.

A major investor-owned electric utility headquartered in Columbus, Ohio, primarily engaged in the generation, transmission, and distribution of electricity across multiple states.

LADENBURG THALM/SH SH

An investment research firm that upgraded AEP's rating to 'buy' and set a $148 price target.

Bank of America

An investment bank that downgraded AEP from 'buy' to 'neutral' and lowered the price target.

Argus

An investment research firm that boosted AEP's price target to $140 and maintained a 'buy' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The mixed analyst views on AEP's stock reflect the complex landscape facing electric utilities as they navigate regulatory changes, evolving energy trends, and the need to balance investment in infrastructure with shareholder returns. The company's ability to execute on its strategic priorities will be closely watched by investors seeking stability and growth in the sector.