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American Water ( (AWK) ) has shared an update.
On January 16, 2026, New Jersey American Water filed a request with the New Jersey Board of Public Utilities to raise water and wastewater rates, seeking roughly $146 million in additional annual revenue to support more than $1.4 billion in infrastructure investments through December 2026, including replacing or rehabilitating nearly 120 miles of aging mains, ongoing lead service line replacement, and treatment upgrades to address emerging contaminants such as PFAS. If approved after a regulatory review that could take nine months or more, the typical residential water customer would see bills rise by about $10 per month and wastewater customers by $8 per month, while the filing also asks regulators to expand bill discounts for low-income customers who already receive energy assistance and to return savings from a Gross Receipts Tax refund to help offset costs, underscoring the company’s effort to balance large-scale system upgrades with affordability for ratepayers.
The most recent analyst rating on (AWK) stock is a Hold with a $139.00 price target. To see the full list of analyst forecasts on American Water stock, see the AWK Stock Forecast page.
Spark’s Take on AWK Stock
According to Spark, TipRanks’ AI Analyst, AWK is a Outperform.
American Water’s overall stock score reflects stable financial performance and positive corporate events, such as the strategic merger and rate approval, which bolster future growth prospects. Technical analysis and valuation are neutral, supporting a balanced outlook.
To see Spark’s full report on AWK stock, click here.
More about American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility in the United States, providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 states and 18 military installations, while its subsidiary New Jersey American Water is the largest regulated water utility in New Jersey, serving about 2.9 million people with a workforce of over 950 employees.
Average Trading Volume: 1,873,839
Technical Sentiment Signal: Hold
Current Market Cap: $25.85B
See more data about AWK stock on TipRanks’ Stock Analysis page.