AEP Price Prediction Next Week
Technical Analysis: AEP's current price at $105.33 shows strong momentum with RSI-14 at 72.20, indicating overbought conditions. The stock is trading above all major moving averages (5,10,20,60,200-day SMAs), suggesting a robust uptrend.
News Impact:
- AEP reported Q4 earnings beating EPS estimates ($1.24 vs $1.22) but missing revenue expectations ($4.70B vs $4.88B)
- The company reaffirmed FY25 adjusted EPS guidance of $5.75-$5.95
- Significant growth potential with 8-9% annual retail load growth expected from 2025-2027
- $54 billion five-year capital plan and potential $10 billion incremental investment indicate strong expansion
Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:
- Resistance levels: R1: $104.92, R2: $106.48, R3: $109.01
- Support levels: S1: $99.86, S2: $98.30, S3: $95.77
- Pivot: $102.39
Expected price range: $104.50-$107.00
Trading Recommendation: SELL Rationale:
- Overbought RSI conditions suggest potential pullback
- Price near resistance levels
- High Bollinger Band position (0.86) indicates extended price levels
- Stochastic RSI (97.96) signals extremely overbought conditions
Target price for next week: $104.50 with potential downside to $102.39 (pivot level)
AEP Similar Chart Price Prediction
The price of AEP is predicted to go up 5.14%, based on the high correlation periods with COF. The similarity of these two price pattern on the periods is 96.96%.
AEP
COF
Up: 5.14%Similarity: 96.96%
AEP Revenue Forecast
AEP EPS Forecast
AEP FAQs
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AEP VS S&P500
Investments in transmission, distribution and renewable energy during the next several years should support earnings growth.
AEP earns regulated returns in many different state jurisdictions, helping protect its earnings from the impact of one adverse regulatory ruling.
Management has successfully transitioned the company toward being a fully regulated utility.
AEP Analyst's Forecast
Julien Dumoulin-Smith
B of A Securities
Sell → Strong Buy
2025-01-13
Price Target
$98 → $104
Upside
+10.39%
BofA upgraded American Electric to Buy from Underperform with a $104 price target.
James Thalacker
BMO Capital
Buy
2025-01-10
Price Target
$108 → $100
Upside
+6.15%
Andrew Weisel
Scotiabank
Buy → Hold
2024-12-12
Price Target
$105 → $102
Upside
+10.26%
