Scotiabank cuts target for American Electric Power stock to USD 131.00
Published on 10/02/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American Electric Power (ISIN US0255371017) had its Scotiabank price target cut from USD 140.00 to USD 131.00 on September 30, 2026, according to MarketBeat. The firm retained its sector perform rating, making the target revision the latest concrete analyst signal for the utility.
Guidance rises on load growth
AEP raised its 2026 operating earnings guidance to USD 6.25-6.55 per share on July 30, 2026, from USD 6.15-6.45. The company also described a USD 78.0 billion five-year capital plan and 69 gigawatts of contracted load additions through 2030.
That outlook is tied to demand from large customers and continued network investment. AEP's guidance range gives investors a current earnings framework even as the latest quarter produced a mixed result.
Revenue grows while earnings lag
In the second quarter of 2026, AEP reported revenue of USD 5.445 billion, up 7.00 percent from USD 5.087 billion a year earlier, according to StockTitan. Operating earnings fell to USD 742.0 million from USD 766.0 million, while operating earnings per share declined to USD 1.36 from USD 1.43.
The earnings-per-share figure also missed the USD 1.48 consensus cited by MarketBeat, despite revenue exceeding the USD 5.34 billion estimate. That combination helps explain why the guidance increase and the target cut are competing signals rather than a single directional message.
Stock remains inside its yearly range
AEP's market capitalization was USD 65.2 billion as of October 2, 2026. Its 52-week range was USD 112.54 to USD 140.58 as of October 1, 2026, placing the primary-market quote below the yearly high and above the yearly low.
The company is a regulated electric utility with generation, transmission and distribution operations. Its investment case therefore combines capital spending and contracted load growth with the earnings pressure visible in the second-quarter comparison.
Lang and Schwarz quote
American Electric Power was trading at EUR 106.57 at Lang and Schwarz on October 2, 2026 at 12:36 p.m. CEST, plus 0.06 percent versus the EUR 106.51 prior close of October 1, 2026.
The further course of trading is shown by the continuously updated real-time quote of American Electric Power stock.
American Electric Power stock facts
- Company: American Electric Power Company, Inc.
- ISIN: US0255371017
- Ticker: AEP
- Primary exchange: Nasdaq
- Price Lang and Schwarz (as of October 2, 2026, 12:36 p.m. CEST): EUR 106.57
- Change versus prior close: plus 0.06 percent
- Prior close Lang and Schwarz (October 1, 2026): EUR 106.51
- Market capitalization: USD 65.2 billion (as of October 2, 2026)
- 52-week range: USD 112.54-140.58 (as of October 1, 2026)
- Sector / Industry: Utilities / Regulated Electric
