KeyBanc upgrades American Electric Power stock to Overweight

Published on 10/14/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KeyBanc set a USD 133.00 target on October 13, 2026. American Electric Power stock last stood at USD 125.65 before the October 28 report.

KeyBanc upgrades and results dates

KeyBanc set a USD 133.00 target on October 13, 2026.
Second-quarter revenue reached USD 5.45 billion, while GAAP earnings totaled USD 713 million on July 30, 2026.
American Electric Power stock last stood at USD 125.65 on Nasdaq on October 13, 2026, at 4:00 p.m. EDT.

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American Electric Power (ISIN US0255371017) received a KeyBanc upgrade to Overweight with a USD 133.00 price target on October 13, 2026, according to TradingView. The analyst view puts the target USD 7.35 above the latest Nasdaq price of USD 125.65, a difference of 5.85 percent based on the target and price.

Three dates explain the reset

On July 30, 2026, American Electric Power reported second-quarter GAAP earnings of USD 713 million, or USD 1.31 per share, according to MarketWatch. The same release showed operating earnings of USD 742 million, or USD 1.36 per share, and revenue of USD 5.45 billion. The October 13 KeyBanc note is the latest dated event in this sequence.

What can lift earnings?

KeyBanc pointed to a constructive third-quarter update and potential upside from the Piketon transmission investment, which could add as much as USD 4.00 billion to AEP's transmission capital spending, TradingView reported on October 13, 2026. For investors, the key tension is visible in the numbers: AEP raised full-year 2026 operating earnings guidance to USD 6.25-6.55 per share from USD 6.15-6.45 per share, while second-quarter GAAP earnings fell from USD 1.23 billion in the prior-year quarter.

Results arrive October 28

American Electric Power's next earnings report is scheduled for October 28, 2026, according to TradingView. That date gives the market a near-term test of the USD 6.25-6.55 operating earnings range and of the transmission investment thesis behind the KeyBanc upgrade.

Nasdaq quote and valuation

American Electric Power last stood at USD 125.65 on Nasdaq on October 13, 2026, at 4:00 p.m. EDT. The market capitalization was USD 68.4 billion at that snapshot, while the 52-week range was USD 112.54 to USD 140.58. The stock therefore sat USD 14.93 below its 52-week high, or 10.62 percent below that level.

Market context: Market report Nasdaq Composite.