American Electric Power stock: BMO cuts target for American Electric Power stock to USD 135.00

Published on 10/20/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AEP reports October 28 results. American Electric Power stock costs EUR 113.01 on October 20, 2026, up 1.56 percent versus Xetra close.

BMO target and reporting date

BMO Capital cut its American Electric Power target from USD 139.00 to USD 135.00 on October 19, 2026.
American Electric Power reports third-quarter results on October 28, 2026.
American Electric Power stock costs EUR 113.01 at Lang & Schwarz on October 20, 2026, up 1.56 percent versus the Xetra close.

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American Electric Power (ISIN US0255371017) is trading at EUR 113.01 at Lang & Schwarz on October 20, 2026 at 4:12 p.m. CEST, up 1.56 percent versus the Xetra close of October 19, 2026 at EUR 111.28. Investing.com reported on October 19, 2026 that BMO Capital lowered its American Electric Power target from USD 139.00 to USD 135.00 while retaining a Market Perform rating.

Target cut leaves room

BMO's new target stands 6.32 percent above the Nasdaq quote of USD 126.97 at 10:28 a.m. ET on October 20, 2026. The target reduction is therefore a valuation reset rather than a change to the company's formal earnings outlook.

The same report put BMO's third-quarter 2026 earnings estimate at USD 2.08 per share, above the FactSet median of USD 2.01 and the Bloomberg median of USD 2.04. American Electric Power is scheduled to report third-quarter results on October 28, 2026, according to Investing.com.

Stock position and valuation

American Electric Power's primary-market quote was USD 126.97 on Nasdaq at 10:28 a.m. ET on October 20, 2026. Its USD 112.54 to USD 140.58 52-week range places the quote 9.67 percent below the high and 12.83 percent above the low. The company had a USD 69.1 billion market capitalization and a 21.97 price-to-earnings ratio at that snapshot.

Results set the next test

In the second quarter of 2026, revenue reached USD 5.45 billion, up from USD 5.09 billion a year earlier, while GAAP earnings fell to USD 713.00 million from USD 1.23 billion. Operating earnings were USD 742.00 million, or USD 1.36 per share, versus USD 766.00 million, or USD 1.43 per share, in the second quarter of 2025, according to MarketWatch.

For comparison, Southern Company traded at USD 90.44 on October 20, 2026, up 1.32 percent, with a 21.84 price-to-earnings ratio and USD 104.0 billion market capitalization. Duke Energy traded at USD 120.77, up 1.26 percent, with an 18.13 price-to-earnings ratio and USD 94.2 billion market capitalization.

Upcoming earnings carry the focus

The October 28 report will test whether the expected USD 2.08 third-quarter earnings per share can support the valuation after BMO's target cut. The comparison also matters because second-quarter revenue growth did not prevent lower GAAP earnings.

The further course of trading is shown by the continuously updated real-time quote of American Electric Power stock.