American Electric Power stock reports mixed second quarter

Published on 10/05/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

American Electric Power stock posted USD 5.45 billion in Q2 revenue on July 30, 2026, up 7 percent year over year. Adjusted EPS was USD 1.36 against USD 1.48 consensus.

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American Electric Power (ISIN US0255371017) reported USD 5.45 billion in second-quarter 2026 revenue, up 7 percent from the year-earlier period, while adjusted EPS came in at USD 1.36. MarketBeat reported the figures on October 2, 2026, including the USD 1.48 consensus estimate that AEP missed by USD 0.12.

Revenue grows while EPS misses

The second-quarter comparison is therefore split: revenue exceeded the USD 5.34 billion consensus by USD 0.11 billion, but adjusted EPS fell below expectations. The prior-year quarter produced adjusted EPS of USD 1.43, putting the latest result USD 0.07 lower.

American Electric Power also raised its full-year 2026 operating earnings guidance to USD 6.25-6.55 per share, according to the company's July 30, 2026 news release on AEP. The release said load growth could support up to 69 gigawatts of new load additions through 2030 and cited USD 16 billion in expected cost offsets.

Consensus target stays above Nasdaq price

Analyst coverage remains more constructive than the earnings miss. MarketBeat reported a Moderate Buy consensus from 22 analysts, with 13 Buy ratings and nine Hold ratings and an average 12-month price target of USD 140.05. That target lies 17.1 percent above AEP's USD 119.57 reference price.

Morgan Stanley supplied a more cautious counterpoint on September 18, 2026, cutting its target from USD 135 to USD 128 while keeping an Overweight rating, as reported by MarketBeat. The revised target lies 7.0 percent above the reference price, leaving the guidance range and execution on load growth as the central operating markers.

AEP stock remains below its yearly high

American Electric Power was last at USD 119.57 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down USD 0.18, or 0.15 percent, from the prior close. Volume reached 5,539,042 shares, while the 52-week range stood at USD 112.54 to USD 140.58 and market capitalization was USD 65.1 billion.