American Electric Power’s New $3.5 Billion Stock Agreement

The latest announcement is out from American Electric Power ( (AEP) ).

On November 25, 2025, American Electric Power Company, Inc. entered into a Distribution Agreement with several financial institutions to sell up to $3.5 billion of its common stock. This agreement allows for sales through various methods, including at-the-market offerings and forward stock purchase transactions, which could impact the company’s capital structure and market positioning. The company also terminated a previous agreement from November 2023, which had a lower sales cap of $1.7 billion, indicating a strategic shift in its funding approach.

The most recent analyst rating on (AEP) stock is a Buy with a $128.00 price target. To see the full list of analyst forecasts on American Electric Power stock, see the AEP Stock Forecast page.

Spark’s Take on AEP Stock

According to Spark, TipRanks’ AI Analyst, AEP is a Outperform.

AEP’s overall stock score is driven by strong financial performance and a positive outlook from the earnings call, highlighting significant growth potential and strategic investments. Technical indicators suggest a positive trend, though caution is warranted due to potential overbought conditions. Valuation is reasonable but not exceptional.

To see Spark’s full report on AEP stock, click here.

More about American Electric Power

American Electric Power Company, Inc. operates in the energy sector, primarily focusing on the generation, transmission, and distribution of electricity. It serves a wide range of customers across the United States, providing essential energy services and solutions.

Average Trading Volume: 3,521,717

Technical Sentiment Signal: Buy

Current Market Cap: $65.32B

For detailed information about AEP stock, go to TipRanks’ Stock Analysis page.