AEP
AMERICAN ELECTRIC POWER CO INC
NASDAQ · Utilities · Regulated Electric · US
$120.00
−1.33%Research · Sep 3, 2026
[AEP] American Electric Power Thesis 2026: Data Center Load Growth Anchors Record Capex Cycle
American Electric Power FY25 (Dec 31, 2025) at $21.78B revenue (+9%). NI $3.58B; EPS $6.66 (+19%). Adj operating EPS $5.97 (above top of guide). Retail sales +7.5%, commercial + industrial +10% (data centers IN/TX/OH + Texas industrial). FY26 guide $6.15-$6.45 EPS. Long-term 7-9% CAGR; $72B 5-year capex; 10% rate base CAGR; $5-8B incremental generation needs identified.
Research · Apr 10, 2026
US Utilities Rotation: DUK and AEP Lead as Inflation Fades — 2 to Buy, 2 to Avoid
As inflation eases, US utilities are poised for growth driven by infrastructure investments. Duke Energy and American Electric Power emerge as strong candidates, while Dominion Energy and Entergy face challenges. Monitoring regulatory changes and economic conditions will be crucial.