AEP’s $70B Capital Plan and 383rd Trading Rank Highlight Grid Upgrades and Analyst Optimism

American Electric Power (AEP) closed at $110.03 on September 3, 2025, with a 0.05% decline. The stock traded a volume of 0.27 billion shares, ranking 383rd in market activity for the day. Analysts have highlighted AEP’s strategic capital allocation and infrastructure initiatives as key focus areas amid evolving energy demands.

AEP announced a $70 billion capital expenditure plan through 2029, with an analyst raising its price target following the disclosure. The company is also advancing a 765-kV transmission line project in Texas to enhance grid resilience. Additionally, AEP Ohio secured regulatory approval for a data center infrastructure proposal, aligning with growing power needs from technology-driven sectors.

Recent earnings reports showed mixed results, with Q2 2025 revenue of $5.09 billion and earnings of $765.7 million. Analysts have upgraded AEP to "Outperform" in recent weeks, though price targets remain varied, averaging $115.00. The company reaffirmed its quarterly dividend, signaling stability in its shareholder returns strategy.

Backtesting data indicates AEP’s projected earnings growth for 2025 stands at 4.89%, slightly outpacing the S&P 500’s 9.24% estimate. However, next-quarter revenue forecasts suggest a 14.04% decline, reflecting short-term volatility in energy consumption patterns.