American Electric Power stock gains 1.03 percent on October 6
Published on 10/06/2026 at 18:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American Electric Power stock was trading at USD 120.96 on October 6, 2026, at 12:06 p.m. ET, up 1.03 percent during the session. The latest company announcement covers a Kentucky Power agreement with TeraWulf that provides for USD 100 million in customer benefits, according to American Electric Power on October 5, 2026.
Customer benefits reach USD 100 million
The agreement links AEP's Kentucky operations with TeraWulf's expansion plans and could lower winter bills for residential customers, the company said on its news page. AEP also states that it expects to invest USD 78 billion over the next five years to expand and strengthen its electric grid, according to American Electric Power.
Revenue growth meets an EPS setback
AEP's second-quarter 2026 revenue reached USD 5.45 billion, up 7.0 percent from the year-earlier quarter, while earnings came to USD 1.36 per share against a USD 1.48 consensus estimate, according to Yahoo Finance.
The result leaves AEP with a clear split between operating scale and near-term profitability. Revenue exceeded the USD 5.34 billion estimate cited by MarketBeat, but EPS fell USD 0.12 short of consensus.
Consensus target stays above the stock
MarketBeat reported on September 30, 2026, that Scotiabank cut its AEP price target from USD 140 to USD 131 while retaining a Sector Perform rating. The same report described a Moderate Buy consensus built from 13 Buy ratings and nine Holds, with an average target of USD 139.62, according to MarketBeat.
That average target lies 15.4 percent above the USD 120.96 reference price. For investors, the next test is whether the October earnings release can narrow the gap between revenue growth and earnings delivery.
Stock remains below its yearly high
At USD 120.96, AEP was 13.9 percent below its 52-week high of USD 140.58 and above its 52-week low of USD 112.54 on October 6, 2026. The stock's market capitalization was USD 65.9 billion and volume stood at 479,105 shares at the same timestamp.
American Electric Power stock facts
- Company: American Electric Power Company, Inc.
- ISIN: US0255371017
- Ticker: AEP
- Trading venue: Nasdaq
- Price (as of October 6, 2026, 12:06 p.m. ET): USD 120.96
- Market capitalization: USD 65.9 billion (as of October 6, 2026)
- 52-week range: USD 112.54-140.58 (as of October 6, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Index membership: Nasdaq 100
Upcoming dates for American Electric Power stock
- October 28, 2026: Third-quarter 2026 earnings report
