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American Water ( (AWK) ) just unveiled an update.
On July 1, 2025, California American Water filed a request with the California Public Utilities Commission to increase water and wastewater rates for 2027-2029, driven by $750 million in infrastructure investments. If approved, the new rates would affect customer bills starting January 2027, with potential changes ranging from a $3 decrease to a $17 increase per month. The proposal aims to enhance infrastructure and ensure reliable service, with opportunities for customer involvement in the review process.
The most recent analyst rating on (AWK) stock is a Buy with a $164.00 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 strong financial performance and strategic growth initiatives, including acquisitions and regulatory successes, contribute significantly to its stock score. Challenges such as high leverage and increased operating costs are noted but balanced by positive earnings growth and dividend increases. The company’s valuation is moderately high, and technical indicators suggest caution in the short term.
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, California American Water, serves approximately 700,000 people with water and wastewater services in California.
Average Trading Volume: 1,407,948
Technical Sentiment Signal: Buy
Current Market Cap: $26.9B
Learn more about AWK stock on TipRanks’ Stock Analysis page.