American Electric Power 株価情報 (NASDAQ: AEP)

American Electric Power (NASDAQ:AEP) 株価情報

American Electric Power

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

American Electric Power Company, Inc. - Common Stock

American Electric Power Co Inc

AI ENERGY PUB CO LTD by AI ENERGY PUB CO LTD.

ANGLO ESTRN PLNTION ORD by Anglo Eastern Plantation plc

Anglo-Eastern Plantations PLC

AMERICAN ENGY PARTNERS by American Energy Partners, Inc.

American Environmental Partners Inc

In the current market session, American Electric Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) stock price is at $107.64, after a 0.47% decrease. However, over the past month, the company's stock spiked by 2.21%, and in the past year, by 22.27%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1745424023_0.png" alt="Past Year Chart" />

<h3>How Does American Electric Power P/E Compare to Other Companies?</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
American Electric Power has a better P/E ratio of 19.38 than the aggregate P/E ratio of 19.05 of the Electric Utilities industry. Ideally, one might believe that American Electric Power Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1745424023_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

News

Intraday Update

Markets

A Look Into American Electric Power Inc's Price Over Earnings

Barclays analyst Nicholas Campanella maintains American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Equal-Weight and raises the price target from $95 to $106.

Price Target

Analyst Ratings

Barclays Maintains Equal-Weight on American Electric Power, Raises Price Target to $106

BMO Capital analyst James Thalacker maintains American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Outperform and raises the price target from $111 to $115.

BMO Capital Maintains Outperform on American Electric Power, Raises Price Target to $115

FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ -- Indiana Michigan Power (I&amp;M), an American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Oregon Clean Energy Center, an existing 870 megawatt (MW) natural gas plant located in Oregon, Ohio.&nbsp;
I&amp;M's filing explains the need to acquire the facility, details about the plant, and future operating plans, if approved. Through the CPCN process the IURC will ensure that the proposed plant acquisition is in the public interest and is just and reasonable.
The proposal to acquire the Oregon Clean Energy Center and its 870 MW of natural gas-fueled electric generation is one component of I&amp;M's Future Ready plan, which details the resources needed to provide I&amp;M customers reliable and affordable energy today and into the future.
"I&amp;M has established the need for additional electric generation, and we believe the Oregon Clean Energy Center is an important opportunity to further diversify our current generation portfolio and position I&amp;M for future growth," said Steve Baker, I&amp;M president and chief operating officer. "It is our responsibility to ensure that our current and future customers have reliable and affordable power."
I&amp;M is currently navigating an unprecedented time in its history. As the company looks ahead, power demand is expected to more than double the Indiana peak from approximately 2,800 MW in 2024 to more than 7,000 MW in the 2030 timeframe. The rapid growth in energy demand provides an opportunity for I&amp;M to reshape the way it serves current customers and those the company will serve decades into the future.
The Oregon facility, if approved, will provide a stable source of power to meet the 24 hours per day x 7 days per week operational requirements of our existing customers and the new customers coming on to the I&amp;M system.
I&amp;M's current generation portfolio incorporates a diverse mix of resources, including solar, wind, nuclear, coal and hydroelectric units. The company's vision for the future is to implement an "all of the above" approach to providing a reliable, resilient, and stable electric power system that customers can access affordably.&nbsp;
Additional benefits to this approach are that it supports economic development, stable energy costs, and access to new technologies.&nbsp;
I&amp;M anticipates a decision from the IURC on the filing in early 2026. The company will submit additional filings to the IURC throughout 2025 to request approval for additional resources that are consistent with the&nbsp;Future Ready&nbsp;Plan.

American Electric Power's I&M Seeks IURC Approval to Acquire 870 MW Oregon Clean Energy Center

American Electric Power's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NYSE">AEP</a>) short percent of float has risen 9.94% since its last report. The company recently reported that it has 10.63 million shares sold short, which is 1.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.73 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>American Electric Power Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744210825_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for American Electric Power has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing American Electric Power's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, American Electric Power's peer group average for short interest as a percentage of float is 2.29%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Is American Electric Power Gaining or Losing Market Support?

A April filing shows that Representative David Taylor reported a purchase in Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), valued between $8,008 and $120,000. The transaction date is listed as April 3, 2025, with the report published on April 3, 2025.
At present, Amazon.com shares are trading down 3.53% at $172.1.
<h3>What Representative Has Been Trading Recently</h3>
In the last three years, David Taylor completed 13 stock transactions totaling more than $13 thousand. Amazon.com and American Electric Power stocks were among the largest trades. Some of the most notable transactions the Rep. has executed recently include: 
<ul>
<li>Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): $1,001 - $15,000 Purchase</li>
<li>American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>): $1,001 - $15,000 Sale</li>
<li>AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>): $1,001 - $15,000 Sale</li>
</ul>
Here's a summary of David Taylor's recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Amazon.com</td>
<td>AMZN</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-03-27</td>
</tr>
<tr>
<td>American Electric Power</td>
<td>AEP</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2025-03-10</td>
</tr>
<tr>
<td>AT&amp;T</td>
<td>T</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>S</td>
<td>2025-03-10</td>
</tr>
<tr>
<td>Eaton Corp</td>
<td>ETN</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-03-10</td>
</tr>
<tr>
<td>JPMorgan Chase</td>
<td>JPM</td>
<td>STOCK</td>
<td>$1,001 - $15,000</td>
<td>P</td>
<td>2025-03-10</td>
</tr>
</tbody>
</table>
If you want to stay updated on David Taylor's trades and other congressional members, check out our <a href="https://www.benzinga.com/gov-trades/members/david-taylor">government trades tool</a> to track their activity in real time!
<h3>The Importance of Congressional Transactions</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>The Importance of Congressional Transactions</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Government

Politics

General

AMZN

Ohio Rep. David Taylor Bought Over $8K Worth of Amazon.com Stock: Here's What You Should Know

The artificial intelligence boom is now colliding with America's aging energy infrastructure, but natural gas may be the unexpected wildcard that keeps the AI revolution <a href="https://www.benzinga.com/topic/artificial-intelligence">from overheating—literally.</a>
OpenAI CEO Sam Altman issued a blunt warning Thursday on social media X: "Our GPUs are melting." The comment came as OpenAI imposed temporary usage limits amid surging demand for image generation in ChatGPT. 
As tools like ChatGPT become integral to business operations, the data centers powering them are drawing electricity at unprecedented rates. Now, the race is on to secure reliable electricity supplies.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">it&#39;s super fun seeing people love images in chatgpt. but our GPUs are melting. we are going to temporarily introduce some rate limits while we work on making it more efficient. hopefully won&#39;t be long! chatgpt free tier will get 3 generations per day soon.
&mdash; Sam Altman (@sama) <a href="https://twitter.com/sama/status/1905296867145154688?ref_src=twsrc%5Etfw">March 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h3 class="wp-block-heading">AI Sends US Electricity Demand Soaring: Could Natural Gas Step In To Fill The Gap?</h3>
Surging AI adoption is poised to add unprecedented pressure to the U.S. power grid, with data centers emerging as the primary energy guzzlers, according to a report released this week by Natural Gas Intelligence titled &#8216;AI Rising: How Will Natural Gas Markets Evolve to Fuel the Demand Surge?&#8217;
The International Energy Agency projects that electricity demand in the United States through 2027 will rise by an amount equivalent to California's entire current power usage. That's a surge of roughly 400 terawatt-hours (TWh) in just three years.
Wood Mackenzie estimates total U.S. electricity consumption will soar from 4,000 TWh in 2024 to 6,000 TWh by 2050. Of that, between 395 and 660 TWh could be consumed by data centers alone by 2035—more than 10% of total power usage.
The fast pace of AI deployment is leaving little room for slow build-outs of renewable energy or long-term infrastructure upgrades. That's where natural gas steps in.
"Gas will certainly get its share of the new AI-driven power demand given its reliability, which is a must for these facilities," said Patrick Rau, senior vice president of strategy and research at Natural Gas Intelligence, according to the report.
Natural gas provides firm and flexible power, a critical advantage for hyperscale data centers that operate 24/7. Rau said the key bottleneck is how quickly new gas-fired capacity can come online.
<h3 class="wp-block-heading">Utilities And Oil Giants Jump In</h3>
Power producers are already rushing to meet the call. NRG Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) is fast-tracking 1.5 gigawatts (GW) of gas-fired projects in Texas. CEO Larry Coben said the company has signed multiple letters of intent with data center developers and is advancing 10 natural gas plants totaling about 8 GW in generation capacity.
In February, NRG also partnered with GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) and construction firm Kiewit Corp. to develop up to 5.4 GW of new capacity explicitly linked to AI data centers.
Other utilities are following suit. American Electric Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) is weighing $10 billion in potential investments to meet what it calls "incremental load," largely driven by AI, manufacturing reshoring and general economic development. The company already has customer commitments for 20 GW of additional load by 2030 across its 11-state footprint.
Oil giant Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) is another unexpected entrant in the AI race. In partnership with investor Engine No. 1 and GE Vernova, the energy giant plans to build co-located power plants across the Midwest, Southeast and West to support data centers with dedicated energy generation.
<h3 class="wp-block-heading">Will DeepSeek Reduce AI Data Centers Demand?</h3>
Chinese AI company DeepSeek has introduced a platform that claims to rival current models in performance—at a fraction of the power cost. That innovation, while promising, may add another twist to the AI power narrative.
"DeepSeek's improved computational efficiency may provide a pathway to quell hyperscalers' power requirement," according to a recent report by Rystad Energy experts.
"But it could also escalate the AI arms race and compel companies toward more power-intensive innovation."
For now, the message from the grid is clear: keep the pipelines flowing and the turbines spinning at full throttle.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44503568/sp-says-us-growth-to-slow-in-2025-but-recession-not-most-likely-outcome-yet">S&amp;P Says US Growth To Slow In 2025, But Recession Not &#8216;Most Likely Outcome Yet&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Large Cap

Macro Economic Events

Commodities

Econ #s

Economics

Tech

'Our GPUs Are Melting,' OpenAI's Altman Warns — Could US Natural Gas Power AI Revolution?

BMO Capital analyst James Thalacker maintains American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Outperform and raises the price target from $107 to $111.

BMO Capital Maintains Outperform on American Electric Power, Raises Price Target to $111

Reported Earlier, AEP Prices 19.6M Share Offering At $102 Each With Forward Sale Component To Settle By 2026

In connection with the offering,&nbsp;AEP expects to enter into forward sale agreements with each of Citibank, N.A. and Barclays Bank PLC under which AEP will agree to issue and sell to the forward counterparties an aggregate of $2 billion of shares of its common stock at an initial forward sale price per share equal to the price per share at which the underwriters purchase the shares in the offering, subject to certain adjustments, upon physical settlement of the forward sale agreements.&nbsp;

Offerings

American Electric Power Reports Commencement Of Offering Of $2B Of Shares Of Its Common Stock

Morgan Stanley analyst Stephen Byrd maintains American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Overweight and raises the price target from $108 to $113.

Morgan Stanley Maintains Overweight on American Electric Power, Raises Price Target to $113

B of A Securities analyst Julien Dumoulin-Smith maintains American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) with a Buy and raises the price target from $108 to $114.

B of A Securities Maintains Buy on American Electric Power, Raises Price Target to $114

Of the $1.7 billion of investments, approximately $1.1 billion will be advanced through Transource Energy as part of a joint venture with Dominion Energy and FirstEnergy Transmission, LLC. The joint venture, Valley Link Transmission Company, LLC,&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4371368-1&amp;h=14333456&amp;u=https%3A%2F%2Fwww.aep.com%2Fnews%2Fstories%2Fview%2F10048%2F&amp;a=was+selected+to+develop+several+competitive+transmission+projects">was selected to develop several competitive transmission projects</a>, including two 765 kilovolt transmission lines in West Virginia, Virginia, and Maryland.

Contracts

American Electric Power, Affiliates Selected To Complete ~$1.7B Of Transmission Investments In PJM Region

Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43692996/inflation-fears-mount-as-producer-prices-soar-to-35-put-fed-interest-rate-cut-on-ice">over persistent inflationary pressures. </a>
Despite the hotter-than-expected PPI reading—up 3.5% year-over-year in January, surpassing the 3.3% forecast—investors found some relief in certain PPI components that influence the Federal Reserve's preferred inflation gauge, which showed signs of <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43701823/economists-breathe-sigh-of-relief-why-producer-inflation-isnt-as-bad-as-it-seems">cooling compared to December.</a>
Investor risk appetite remained supported by expectations of ceasefire talks in Ukraine following a conversation between former President Donald Trump and Russian President Vladimir Putin a day earlier. 
By midday trading in New York, all major indices were in positive territory, with technology stocks leading the gains. Among semiconductor stocks, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) continued to rally, surging 10% after strong performances in prior sessions. 
The U.S. chipmaker benefited from renewed buying momentum following comments from Vice President J.D. Vance, who indicated that the Trump administration plans to ease regulations to accelerate AI chip innovation in the U.S.
Intel has now soared over 27% this week, tracking its best weekly performance since 1974. 
The U.S. dollar extended its decline as Treasury yields pulled back sharply, reversing Wednesday&#8217;s surge.
In commodities, gold edged up 0.4% to $2,918 per ounce, oil remained steady at $71 per barrel, and natural gas surged 2.4% to $3.66 per million British thermal units. 
Sentiment in cryptocurrency markets remained subdued, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sliding 2.4% to trade below $96,000.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,903.94</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,088.51</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,493.13</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,261.64</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.6% to $606.89.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.3% to $445.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $532.98.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.4% to $224.58.</li>
<li>The&nbsp;Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) outperformed, up 1.1%; the&nbsp;Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to company earnings reports included:
<ul>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>): up 2.05%</li>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>): down 7.8%</li>
<li>Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>): down 2.5%</li>
<li>American Electric Power Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>): down 0.6%</li>
<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>): down 1.9%</li>
<li>Moody's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>): up 2.9%</li>
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): down 1.5%</li>
<li>PPL Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>): down 1.8%</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>): up 17.9%</li>
<li>Paycom Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>): flat</li>
<li>HubSpot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>): up 1.6%</li>
<li>Lincoln Electric Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>): up 11.7%</li>
<li>Curtiss-Wright Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CW#NYSE">CW</a>): down 0.5%</li>
<li>West Pharmaceutical Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 34%</li>
<li>CBRE Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 1.1%</li>
<li>DTE Energy Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>): up 2.4%</li>
<li>AppLovin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>): up 19.9%</li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>): down 8.8%. </li>
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Photo: Ryan DeBerardinis via Shutterstock

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Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below $96,000: What's Driving Markets Thursday?

Editor&#8217;s Note: This article has been corrected to reflect that AEP released earnings on Thursday.
On Thursday, American Electric Power Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) reported fourth quarter revenue of $4.70 billion, missing <a href="https://www.benzinga.com/pressreleases/25/02/n43688479/aep-reports-2024-earnings-results" target="_blank" rel="noreferrer noopener">the consensus of $4.88 billion</a>.
Total energy distribution rose 4.0%&nbsp;year over year (Y/Y) in the Vertically Integrated Utilities segment and&nbsp;rose&nbsp;10.3% Y/Y&nbsp;in the Transmission &amp; Distribution Utilities segment.&nbsp;
Commercial load rose by 10.6% in 2024, led by economic expansion within the company&#8217;s service area.
Adjusted operating earnings rose to&nbsp;$660.1 million&nbsp;in the quarter from&nbsp;$646.9 million&nbsp;a year ago.&nbsp;
Adjusted operating earnings from Vertically Integrated Utilities rose to&nbsp;$275.5 million&nbsp;from&nbsp;$237.8 million&nbsp;the prior year, and AEP Transmission Holdco grew to&nbsp;$166.3 million&nbsp;from&nbsp;$159.3 million in the prior&nbsp;year's quarter.
Adjusted EPS&nbsp;of&nbsp;$1.24 <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">beat the consensus of&nbsp;$1.22</a>.
FY25&nbsp;Outlook: American Electric Power reaffirmed FY25 adjusted EPS of&nbsp;$5.75&nbsp;–&nbsp;$5.95&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">vs consensus of&nbsp;$5.88</a>.
The company continues to see a long-term growth rate&nbsp;outlook of&nbsp;6%&nbsp;to&nbsp;8%.
Bill Fehrman, AEP president and chief executive officer, said, &#8220;We anticipate 8-9% annual total retail load growth from 2025-2027 and ultimately expect to serve more than 20 gigawatts of new load by the end of the decade.&#8221;
&#8221;Our $54 billion, five-year capital plan that we announced in the fall supports this opportunity as we build infrastructure that meets the needs of our customers, communities and the states that we serve. Further, as we continue to review the full scope of our infrastructure needs, we are evaluating $10 billion of potential incremental investment across our service territory and regional transmission grids,&#8221; he added.
AEP Executive Vice President and Chief Financial Officer Trevor Mihalik said, &#8220;The $2.82 billion minority equity interest transaction we announced in early January for our Ohio and Indiana Michigan Transmission Companies gives us financial flexibility to redeploy the proceeds and support economic growth in our states, while maintaining our commitment to a strong balance sheet.&#8221;
&#8221;This was a creative and effective way to finance the growth we are seeing, equivalent to issuing common stock at $170 per share, a significant premium to our current share price. We recently submitted the necessary regulatory filing and expect to close on the transaction in the second half of the year,&#8221; Mihalik added.
Investors can gain exposure to the stock via&nbsp;Listed Funds Trust TrueShares Eagle Global Renewable Energy Income ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNWZ#NYSE">RNWZ</a>)&nbsp;and Themes ETF Trust Themes Uranium &amp; Nuclear ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/URAN#BATS">URAN</a>).
Price Action: AEP shares were up 0.46% to $102.35 on Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/01/43356785/3-etfs-to-navigate-utility-stock-volatility-as-deepseek-challenges-power-demand-forecasts" target="_blank" rel="noreferrer noopener">3 ETFs To Navigate Utility Stock Volatility As DeepSeek Challenges Power Demand Forecasts</a></li>
</ul>
This illustration was generated using artificial intelligence via Midjourney.

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American Electric Power Misses On Revenue, Tops Profit Forecasts, Reaffirms 2025 Outlook (CORRECTED)

EARNINGS GUIDANCE
AEP management reaffirms its 2025 operating earnings guidance range of $5.75 to $5.95 per share. Operating earnings could differ from GAAP earnings for matters such as mark-to-market adjustments, divestitures, impairments or changes in accounting principles. AEP management is not able to forecast if any of these items will occur or any amounts that may be reported for future periods. Therefore, AEP is not able to provide a corresponding GAAP equivalent for earnings guidance.

American Electric Power Affirms FY2025 Adj EPS Guidance Of $5.75-$5.95 vs $5.88 Estimate

American Electric Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) reported quarterly earnings of $1.24 per share which beat the analyst consensus estimate of $1.22 by 1.64 percent. This is a 0.81 percent increase over earnings of $1.23 per share from the same period last year. The company reported quarterly sales of $4.70 billion which missed the analyst consensus estimate of $4.88 billion by 3.70 percent. This is a 2.60 percent increase over sales of $4.58 billion the same period last year.

Earnings Beats

Earnings Misses

American Electric Power Q4 2024 Adj EPS $1.24 Beats $1.22 Estimate, Sales $4.70B Miss $4.88B Estimate

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Earnings Scheduled For February 13, 2025

As AI develops, a shift in expectations for electricity demand is becoming more evident. The emergence of Chinese artificial intelligence company DeepSeek has led to uncertainty about future electricity consumption, impacting <a href="https://www.benzinga.com/topic/utilities">utility and power stocks. </a>
Investors in the traditional power and utilities sector are facing uncertainty after riding last year's wave of soaring demand projections. The rapid expansion of energy-intensive data centers—critical to AI and other tech innovations—had fueled a surge in power stocks. However, the question mark on this forecast has brought <a href="https://www.benzinga.com/etfs">power-focused ETFs</a> back into the limelight for the wrong reasons. Although experts believe this is most likely a temporary panic, here are 3 ETFs that may be less sensitive to short-term chaos:
Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) 
XLU provides exposure to major U.S. utility companies, including American Electric Power Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>) and Southern Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>). The ETF is a popular choice for investors seeking stable returns and dividend income from regulated utilities, which are less sensitive to short-term market disruptions. The expense ratio is 0.09%.
Invesco S&amp;P 500 Equal Weight Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSPU#NYSE">RSPU</a>)
Traditional utility ETFs are market-cap weighted. On the contrary, this ETF assigns equal weight to its holdings, which allows the investor to spread out risks. It includes companies involved in electricity production, transmission, and renewable energy, making it a potential hedge against volatility in the energy sector. The expense ratio is 0.4%.
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRID#NASDAQ">GRID</a>)
GRID focuses on companies engaged in smart grid technology, electrification infrastructure, and power transmission. As the U.S. accelerates its shift to renewable energy, investments in smart grids and electricity storage could benefit from long-term demand growth, regardless of AI-related fluctuations.
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/25/01/43350500/deepseek-shakes-up-ai-stocks-3-healthcare-tech-etfs-offer-stability-innovation">DeepSeek Shakes Up AI Stocks: 3 Healthcare Tech ETFs Offer Stability, Innovation</a>
<h3 class="wp-block-heading">The AI Revolution and Its Impact on Power Demand</h3>
The DeepSeek issue challenges long-standing projections about electricity demand driven by AI data centers. DeepSeek&#8217;s AI model, reportedly uses &#8220;10 to 40 times less energy&#8221; than similar U.S. models, according to a <a href="https://www.eenews.net/articles/game-changer-what-deepseek-ai-means-for-electricity/">report </a>by E&amp;E News. 
Utilities and natural gas companies, which had been soaring on expectations of rising AI-driven electricity demand, suffered steep losses. According to Reuters, independent power provider Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) plunged by about 20%, Vistra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) dropped 30%, and Talen Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NASDAQ">TLN</a>) fell 22% after news of DeepSeek&#8217;s advancements hit.
While some experts believe this could reset expectations for power growth, others argue that broader electrification trends, including U.S. manufacturing expansion and cryptocurrency mining, will keep electricity demand high. 
&#8220;Overall electricity demand is still going to surge because other major drivers — particularly U.S. manufacturing and cryptocurrency — are not going to be affected by DeepSeek,&#8221; said Betsy Soehren Jones, managing director at West Monroe, as reported by E&amp;E News.
DeepSeek&#8217;s accomplishment could even cast doubt on nuclear power demand, which tech companies see as a key source of clean energy for AI development. Investors have expected high premiums for nuclear power, over $100/MWh, but new efficiency gains may change that, Jefferies said in a client note, <a href="https://www.argusmedia.com/en/news-and-insights/latest-market-news/2652323-deepseek-undermines-ai-power-demand-forecasts">according </a>to Argus Media. 
Lower AI data center power demand could also weaken support for next-generation small modular reactors (SMRs), backed by companies like Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43267966/deepseeks-low-cost-model-reshapes-ai-landscape-experts-predict-shift-to-application-layer">DeepSeek&#8217;s Low-Cost Model Reshapes AI Landscape: Experts Predict Shift To &#8216;Application Layer&#8217;</a>
<h3 class="wp-block-heading">What BofA Says About the Power and Utility Sector</h3>
A recent Bank of America (BofA) report suggests that the power and utility sector remains resilient despite the short-term market reaction to DeepSeek&#8217;s AI model. The report maintains a Buy rating on Constellation Energy with a revised price target of $366 and a Neutral rating on Vistra with a target of $183.
BofA analysts see the sell-off as an overreaction and expect data center demand to stay strong once the turbulence subsides.
The report describes DeepSeek as "more evolutionary than revolutionary" and that AI-driven data centers will continue to drive power consumption.
Additionally, BofA notes that supply and demand pressures in the energy market remain tight due to industrial expansion and electrification. The need for stable energy sources like nuclear power remains essential.
<h3 class="wp-block-heading">Will DeepSeek Really Change The Power Scenario?</h3>
While DeepSeek's AI model has introduced uncertainty in the short term, some analysts believe the sell-off in power stocks may be &#8220;short-sighted and short-lived,&#8221; as energy economist Ed Hirs noted, per a Reuters report. Even with more efficient AI models, demand for electricity is likely to rise due to continued digitalization and electrification.
All said, despite the sharp reaction in the market, broader trends in electrification and technology-driven growth suggest that electricity consumption will keep rising.
Read Next: 
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Photo: Sundry Photography/ Shutterstock.com

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3 ETFs To Navigate Utility Stock Volatility As DeepSeek Challenges Power Demand Forecasts

American Electric Power's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NYSE">AEP</a>) short percent of float has fallen 5.29% since its last report. The company recently reported that it has 9.53 million shares sold short, which is 1.79% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.69 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>American Electric Power Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738169116_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for American Electric Power has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing American Electric Power's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, American Electric Power's peer group average for short interest as a percentage of float is 2.16%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into American Electric Power's Recent Short Interest

Press Releases

AEP Announces Public Offering of Common Stock with a Forward Component

AEP Announces Pricing of Common Stock Offering with a Forward Component

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AEP Names Puesh Kumar Vice President of National Security and Resilience

I&M is Future Ready with Plans to Enhance Diverse Energy Mix

I&M Files Proposal to Acquire Diverse Generation to Meet Future Energy Need

AEP Texas set to construct one of the first 765-kV transmission lines in Texas

AEP Texas to execute three-year plan to boost resiliency for customers and improve infrastructure

AEP Names Joseph Sauvage to Board of Directors

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AEP Declares Quarterly Dividend on Common Stock

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Centrais Electricas Brasileiras S.A. Sponsored ADS representing Pfd Shares

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Companhia Paranaense de Energia (COPEL) American Depositary Shares (each representing four (4) Common Shares)

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