AES stock trades at USD 14.87 below its USD 15.00 deal value

Published on 09/28/2026 at 12:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AES stock posted Q2 2026 revenue of USD 3.42 billion, up 19.90 percent year over year. Eight analysts set a USD 15.71 average target on September 25, 2026.

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AES stock (ISIN US00130H1059) was last at USD 14.87 on the NYSE on September 25, 2026 at 4:00 p.m. ET, placing it USD 0.13 below the agreed USD 15.00 cash acquisition value. The deal remains the central valuation reference as AES moves toward its proposed transaction with Global Infrastructure Partners and EQT Infrastructure VI.

Deal value anchors the share price

According to MetaTrader, AES entered the acquisition agreement on March 1, 2026, at USD 15.00 per share in cash, and stockholders approved it on June 26, 2026. The filing describes a potential closing in late 2026 or early 2027, subject to remaining regulatory approvals and other conditions.

The market price was 0.87 percent below the deal value on September 25, 2026. That spread is narrower than the gap to the 52-week high of USD 17.65, while the 52-week low stands at USD 12.97.

Revenue rises in Q2 2026

AES reported USD 3.42 billion in Q2 2026 revenue, up 19.90 percent from USD 2.86 billion in Q2 2025, according to Zacks. Revenue also exceeded the USD 3.10 billion consensus estimate by 10.40 percent.

The same Q2 report showed GAAP diluted EPS of USD 0.60, compared with a USD 0.15 loss in Q2 2025. MarketBeat reported that the quarter also exceeded the USD 0.45 EPS consensus, although its analyst consensus remained Hold.

Analysts see limited upside

MarketBeat said on September 25, 2026, that all eight covering analysts held AES at Hold, with an average 12-month price target of USD 15.71. That target is 5.65 percent above the USD 14.87 reference price, but it is only 4.73 percent above the USD 15.00 transaction value.

The next earnings date listed for AES is October 29, 2026, according to Investing.com. For investors, the key issue is therefore the balance between quarterly operating improvement and the cash value offered in the pending merger.

AES stock stays near deal value

AES stock was last at USD 14.87 on the NYSE on September 25, 2026 at 4:00 p.m. ET, up 0.10 percent from the prior close of USD 14.86. Market capitalization was USD 10.6 billion, and volume was 5,113,165 shares on that session.