tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

American Water Seeks Rate Hike for Infrastructure Upgrades

Story Highlights
  • Pennsylvania American Water seeks rate increase to support $1.2 billion in infrastructure investments.
  • The proposal includes a summer billing adjustment and renter assistance program to enhance affordability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
American Water Seeks Rate Hike for Infrastructure Upgrades

TipRanks Black Friday Sale

American Water ( (AWK) ) has provided an update.

On November 14, 2025, Pennsylvania American Water filed a rate request with the Pennsylvania Public Utility Commission to support $1.2 billion in ongoing investments in water and wastewater infrastructure. The request, if approved, would increase rates for residential customers to fund critical upgrades, including replacing aging water and sewer mains and addressing contaminants like PFAS. The proposal also includes a summer wastewater billing adjustment and a pilot assistance program for low-income renters, reflecting the company’s commitment to affordability and service improvement. The new rates, pending approval, are expected to take effect in August 2026.

The most recent analyst rating on (AWK) stock is a Hold with a $124.00 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 Neutral.

American Water’s overall stock score is driven by stable financial performance and positive earnings call sentiment, highlighting strong earnings growth and strategic initiatives. However, technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation, which tempers the overall score.

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

More about American Water

American Water is the largest regulated water and wastewater utility company in the United States, providing services to over 14 million people across 14 states and 18 military installations. Its subsidiary, Pennsylvania American Water, is the largest regulated water utility in Pennsylvania, serving approximately 2.4 million people with a focus on delivering safe, clean, reliable, and affordable water and wastewater services.

Average Trading Volume: 1,377,711

Technical Sentiment Signal: Sell

Current Market Cap: $25.32B

Learn more about AWK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1