KeyBanc upgrades American Electric Power stock at USD 133 target

Published on 10/14/2026 at 17:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GAAP earnings fell 41.84 percent in the second quarter. American Electric Power stock costs EUR 113.20 on October 14, 2026, plus 0.11 percent versus Xetra close.

Analyst target and earnings picture

KeyBanc upgraded American Electric Power to Overweight and set a USD 133.00 target on October 13, 2026.
GAAP earnings fell to USD 713.0 million in the second quarter of 2026 from USD 1.226 billion a year earlier.
American Electric Power stock costs EUR 113.20 at Lang & Schwarz on October 14, 2026 at 5:47 p.m. CEST, plus 0.11 percent versus the Xetra close of October 14, 2026.
American Electric Power is scheduled to report third-quarter 2026 results on October 28, 2026.

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KeyBanc upgraded American Electric Power (ISIN US0255371017) to Overweight from Sector Weight and set a USD 133.00 price target on October 13, 2026, according to Markets Insider. The target lies 5.63 percent above the Nasdaq price of USD 125.91 on October 14, 2026. At Lang & Schwarz, the stock was trading at EUR 113.20 on October 14, 2026 at 5:47 p.m. CEST, plus 0.11 percent versus the Xetra close of October 14, 2026 at EUR 113.08.

Second-quarter earnings fell

American Electric Power reported GAAP earnings of USD 713.0 million, or USD 1.31 per share, in the second quarter of 2026, down from USD 1.226 billion and USD 2.29 per share in the second quarter of 2025. MarketWatch reports that AEP attributed the comparison partly to the 2025 transmission minority interest sale and the timing of tax-related items.

Operating earnings, a non-GAAP measure, reached USD 742.0 million, or USD 1.36 per share, versus USD 766.0 million and USD 1.43 per share a year earlier. The same July 30, 2026 filing also raised full-year 2026 operating earnings guidance to USD 6.25-6.55 per share from USD 6.15-6.45.

Price position and valuation

The Nasdaq quote was USD 125.91 at 3:52 p.m. ET on October 14, 2026, while the 52-week range was USD 112.54 to USD 140.58. The price therefore stood 10.43 percent below the 52-week high. AEP's market capitalization was USD 68.5 billion, its price-to-earnings ratio was 21.79 and its dividend yield was 3.00 percent on the same date.

Results date and peers

MarketBeat lists October 28, 2026 as the estimated date for AEP's third-quarter results, with the release expected before the market opens. The date gives the USD 133.00 target and the guidance range a near-term test.

Comparison with peers

American Electric Power (Nasdaq, USD): plus 0.11 percent, price-to-earnings ratio 21.79, market capitalization USD 68.5 billion
Exelon (Nasdaq, USD): minus 0.09 percent, price-to-earnings ratio 15.44, market capitalization USD 43.6 billion
Duke Energy (NYSE, USD): plus 0.30 percent, price-to-earnings ratio 17.80, market capitalization USD 92.4 billion

Trading level after the Xetra close

American Electric Power stock was trading at EUR 113.20 at Lang & Schwarz on October 14, 2026 at 5:47 p.m. CEST, plus 0.11 percent versus the Xetra close of October 14, 2026 at EUR 113.08. The Nasdaq price of USD 125.91 was 10.43 percent below its USD 140.58 52-week high.

Market context: Market report S&P 500.

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