Citigroup Has Lowered Expectations for American Electric Power (NASDAQ:AEP) Stock Price

Posted by Geri Gentry on Aug 5th, 2026

American Electric Power (NASDAQ:AEP – Get Free Report) had its price target decreased by investment analysts at Citigroup from $148.00 to $142.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 12.44% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Barclays dropped their price target on American Electric Power from $138.00 to $129.00 and set an “equal weight” rating on the stock in a research note on Monday. Morgan Stanley raised their price objective on American Electric Power from $136.00 to $139.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a report on Monday, June 1st. Finally, Truist Financial increased their target price on American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $140.71.

Read Our Latest Analysis on American Electric Power

American Electric Power Trading Down 1.6%

AEP stock traded down $2.06 during midday trading on Wednesday, hitting $126.29. The stock had a trading volume of 5,500,960 shares, compared to its average volume of 4,091,420. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. The business has a fifty day moving average price of $131.68 and a two-hundred day moving average price of $130.00. American Electric Power has a 1-year low of $105.70 and a 1-year high of $140.58. The firm has a market cap of $68.75 billion, a P/E ratio of 21.67, a price-to-earnings-growth ratio of 2.30 and a beta of 0.52.

American Electric Power (NASDAQ:AEP – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). The business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.34 billion. American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 earnings per share. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, sell-side analysts predict that American Electric Power will post 6.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Electric Power

Several institutional investors and hedge funds have recently bought and sold shares of AEP. Annex Advisory Services LLC raised its stake in shares of American Electric Power by 4.8% in the second quarter. Annex Advisory Services LLC now owns 1,899 shares of the company’s stock valued at $260,000 after buying an additional 87 shares during the period. Tema ETFs LLC raised its stake in American Electric Power by 44.0% in the 2nd quarter. Tema ETFs LLC now owns 260,961 shares of the company’s stock valued at $35,702,000 after acquiring an additional 79,705 shares during the period. Canvas Wealth Advisors LLC boosted its position in American Electric Power by 7.4% during the second quarter. Canvas Wealth Advisors LLC now owns 1,883 shares of the company’s stock worth $258,000 after purchasing an additional 130 shares during the period. Stonekeep Investments LLC increased its stake in shares of American Electric Power by 5.9% in the second quarter. Stonekeep Investments LLC now owns 1,710 shares of the company’s stock worth $234,000 after purchasing an additional 95 shares in the last quarter. Finally, Peoples Bank KS lifted its stake in shares of American Electric Power by 30.1% during the 2nd quarter. Peoples Bank KS now owns 3,456 shares of the company’s stock valued at $473,000 after buying an additional 800 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

American Electric Power Company Profile

(Get Free Report)

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.