American Electric Power (AEP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.36
- Estimate
- $1.48
- Surprise
- -8.2%
- Revenue (period 2026-06-30)
- $5.45B
- Score at report (before → after)
- 5.3 → 5.7/10
Revenue source: mixed.
How the report landed
American Electric Power (AEP) missed the $1.48 estimate with diluted EPS of $1.36 — a clear 8.2% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.3/10) to Sell at 5.7/10 after the report — the engine's score rose despite the miss.
Where TrendMatrix's rating stands now
TrendMatrix currently rates AEP Sell at 5.2/10.
2 of the last 4 quarters beat the estimate; this quarter's -8.2% surprise compares with a -0.1% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Utilities): +1.0
What argues against it
- Thin upside margin: 4.1%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)
- Leverage penalty (D/E 1.6): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $124.50
- Price target
- $129.60
- Stop
- $120.32
- Upside to target
- +4.1%
- Reward-to-risk
- 0.8:1
The stock trades at 21.4× trailing but 18.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
AEP at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $67.89B
- P/E (fwd)
- 18.2
- P/E (ttm)
- 21.4
- 52-week range
- $105.70–$140.58
- Off 52-week high
- 11.4%
- RSI (14)
- 41
- Volume vs avg
- 0.99×
- Score today
- 5.2/10