American Electric Power Company, Inc. (AEP) earnings on July 30, 2026

Before the market opens Q2 2026

More American Electric Power Company, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

American Electric Power raised its 2026 profit forecast and noted strong demand from big tech companies, but the stock still closed lower despite these positives.

AEP price around the earnings

127.78

Change: -1.3%

2026-07-30, 20:00 UTC

Start of the measured window End of the measured window
127.36 129.24 131.12 133.00 129.40
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Setup is mixed heading into earnings, but the scenario points pessimistic.

Analyst upside and strong beat history, but recent negative trend strength and mixed analyst actions create headwinds.

Context analyzed before publication

Summary
Setup is mixed heading into earnings, but the scenario points pessimistic.
Trend
Recent price action shows consistent 14-day weakness and negative trend strength, indicating a weakening scenario into earnings.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.08
Analysts covering the stock
21
Average price target
145.67
Lowest price target
133
Highest price target
173
Upside to price target
12.6%
Quarterly earnings growth
9.3%
Revenue growth
10.2%
Forward EPS
6.85
Trailing EPS
6.57
Analyst moves in the last 60 days
6
  • Strong buy: 2
  • Buy: 10
  • Hold: 12
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
10
Hold
12
Sell
0
Strong sell
0
  • July 22, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • July 22, 2026 · BMO Capital: Maintains rating (Market Perform → Market Perform)
  • July 17, 2026 · Truist Securities: Maintains rating (Buy → Buy)
  • July 16, 2026 · Goldman Sachs: Downgrades rating (Buy → Neutral)
  • July 13, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • June 18, 2026 · Ladenburg Thalmann: Maintains rating (Buy → Buy)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (5)

Technicals

Evidence

Price when the context was analyzed
129.67
Average true range (ATR)
2.1%
Distance to 52-week high
-6.7%
14-day change (14d)
-2.1%
30-day change (30d)
-6.0%
30-day relative strength
+2.6%
QQQ change (30d)
-8.6%
Nearest support
129
Distance to nearest support
0.5%
Nearest resistance
130.05
Distance to nearest resistance
0.3%
Volume accumulation ratio (14d / 46d)
0.71
  • Minor: 129 (0.5% away, 0.25 ATR, 7 touches)
  • Mid: 128.34 (1% away, 0.49 ATR, 13 touches)
  • Mid: 127.74 (1.5% away, 0.72 ATR, 15 touches)
  • Major: 130.05 (0.3% away, 0.14 ATR, 31 touches)
  • Mid: 131.38 (1.3% away, 0.63 ATR, 17 touches)
  • Major: 132.01 (1.8% away, 0.87 ATR, 27 touches)

Trends

Evidence

Average earnings surprise
+5.2%
  • May 5, 2026: actual EPS 1.64 vs estimate 1.57 (surprise +4.6%)
  • February 12, 2026: actual EPS 1.19 vs estimate 1.15 (surprise +3.6%)
  • October 29, 2025: actual EPS 1.8 vs estimate 1.81 (surprise -0.3%)
  • July 30, 2025: actual EPS 1.43 vs estimate 1.27 (surprise +12.8%)

Expected move

Implied move
+1.3%
Source
Options chain

Reactions over its last 20 earnings

Median move
1.5%
75th percentile move
3.5%
90th percentile move
4%
Up / down moves
12 / 8
Average up move
+2.5%
Average down move
-1.2%

Monitoring and close

What American Electric Power Company, Inc. reported

Status
Finished
Actual EPS1.36
EPS estimate1.5
EPS surprise-9.3%
Revenue$5,445 million
Revenue estimate$5,341 million
Revenue surprise+1.9%

AEP held Q2 2026 earnings call on July 30. Chairman William Fehrman and executives discussed the mixed results. Transcript now available.

Sources (13)

Pre-market second reading after the results

Verdict
Missed expectations

Heading into the open, results beat expectations on revenue but not on earnings and the price is indicating +0.0% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Accurate
Consolidated
-1.3%
Max favorable move (MFE)
1.6%
Max adverse move (MAE)
2.8%