Mizuho cuts Ameren target from USD 124 to USD 113 for Ameren stock

Published on 10/01/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ameren stock costs EUR 88.03 on October 1, 2026 after EUR 88.38. Second-quarter 2026 earnings per share was USD 1.13 versus USD 1.08 consensus.

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Ameren stock (ISIN US0236081024) was trading at EUR 88.03 at Lang & Schwarz on October 1, 2026 at 12:17 p.m. CEST, with minus 0.40 percent versus the prior close of EUR 88.38. According to MarketBeat on September 30, 2026, Mizuho cut its Ameren price target from USD 124.00 to USD 113.00 and kept an outperform rating.

Mizuho lowers the valuation bar

The USD 11.00 reduction puts the new target 8.87 percent below Mizuho's previous level. MarketBeat also reported that Morgan Stanley had cut its target from USD 114.00 to USD 108.00 on September 18, 2026, while Royal Bank of Canada lowered its target from USD 114.00 to USD 107.00 on September 25, 2026.

The target changes point to a more cautious valuation debate around the regulated utility, even as the analyst balance remains positive. MarketBeat counted 10 Buy ratings and four Hold ratings, with an average target of USD 118.08, although those dollar targets are separate from the euro reference price used in this article.

Second-quarter earnings beat estimates

Ameren Corporation reported USD 1.13 in diluted earnings per share for the second quarter of 2026, versus USD 1.08 consensus and USD 1.01 in the second quarter of 2025, according to StockTitan in the July 30, 2026 filing summary. The USD 0.05 beat and USD 0.12 year-over-year increase contrast with revenue of USD 2.09 billion, which was down 5.80 percent from the comparable quarter.

The company reaffirmed 2026 diluted earnings guidance of USD 5.25-5.45 per share in the same filing. That range gives the market a defined earnings framework, while the lower analyst targets highlight the importance of interest costs, weather and regulatory execution for the utility's valuation.

Ameren stock stays below its yearly high

Ameren's primary listing is on the NYSE, where the last quoted price was USD 99.38 on September 30, 2026 at 4:00 p.m. ET. The USD 27.5 billion market capitalization and the USD 96.57 to USD 118.32 52-week range frame the stock's current position, while the Lang & Schwarz quote provides the euro perspective for investors in Germany.

Ameren stock was trading at EUR 88.03 at Lang & Schwarz on October 1, 2026 at 12:17 p.m. CEST, with minus 0.40 percent versus the Lang & Schwarz prior close of EUR 88.38 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Ameren stock.