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AES Corporation (AES)
NYSE:AES
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AES (AES) Price & Analysis

2,620 Followers

AES Stock Chart & Stats

$14.47
-$0.78(-6.02%)
At close: 4:00 PM EST
$14.47
-$0.78(-6.02%)

Bulls Say, Bears Say

Bulls Say
Regulated Utility Cash Flows And Improving ProfitabilityAES’s utility operations and contracted generation provide stable, rate-regulated and PPA-backed cash flows that underpin recurring revenue. Improved margins versus recent loss years indicate operational recovery, supporting predictable earnings and creditworthiness across a 2–6 month horizon.
Solid Operating Cash GenerationConsistent and material operating cash flow (~$5B TTM) demonstrates the business’s ability to convert generation and utility earnings into cash, enabling funding of working capital and partial financing of investments and debt service, a durable support for near-term liquidity and operations.
Take-private And Financing Amendments Enhance Strategic FlexibilityThe announced buyout and concurrent credit-facility amendments materially reduce change-of-control financing risk and, with planned equity funding, should enable longer-term capital planning off public markets, increasing flexibility to accelerate clean-energy and grid investments without public-market refinancing pressure.
Bears Say
Very High LeverageAES’s elevated leverage materially limits financial flexibility, raising refinancing, interest-rate and covenant sensitivities. Even for utilities, a ~7x debt-to-equity capital structure amplifies risk from rate moves or project delays and constrains the company’s ability to self-fund large capital needs over months.
Persistently Negative Free Cash FlowDespite strong operating cash, persistent negative free cash flow indicates capex and investment needs exceed core cash generation. This recurrent deficit forces reliance on external funding or asset sales to cover growth, dividends, or debt reduction, limiting durable capital-policy options.
Margin Volatility And Declining Gross MarginWider margin swings and a declining gross margin point to cost, fuel or market-price pressures that impair earnings predictability. For a capital-intensive utility and generation operator, volatile margins complicate forecasting cash available for reinvestment and debt servicing over medium-term planning cycles.

AES News

AES FAQ

What was AES Corporation’s price range in the past 12 months?
AES Corporation lowest stock price was $10.02 and its highest was $17.65 in the past 12 months.
    What is AES Corporation’s market cap?
    AES Corporation’s market cap is $10.47B.
      When is AES Corporation’s upcoming earnings report date?
      AES Corporation’s upcoming earnings report date is Jul 30, 2026 which is in 44 days.
        How were AES Corporation’s earnings last quarter?
        AES Corporation released its earnings results on Apr 30, 2026. The company reported $0.779 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.399.
          Is AES Corporation overvalued?
          According to Wall Street analysts AES Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does AES Corporation pay dividends?
            AES Corporation pays a Quarterly dividend of $0.176 which represents an annual dividend yield of 5.06%. See more information on AES Corporation dividends here
              What is AES Corporation’s EPS estimate?
              AES Corporation’s EPS estimate is 0.53.
                How many shares outstanding does AES Corporation have?
                AES Corporation has 713,157,700 shares outstanding.
                  What happened to AES Corporation’s price movement after its last earnings report?
                  AES Corporation reported an EPS of $0.779 in its last earnings report, beating expectations of $0.38. Following the earnings report the stock price went same 0%.
                    Which hedge fund is a major shareholder of AES Corporation?
                    Currently, no hedge funds are holding shares in AES
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      AES Corporation

                      The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.

                      AES (AES) Earnings & Revenues

                      AES Revenue Breakdown

                      23.81%23.81%33.70%44.16%<0.01%1.22%-2.89%
                      23.81% Renewables SBU
                      33.70% Utilities SBU
                      44.16% Energy Infrastructure SBU
                      <0.01% New Energy Technologies SBU
                      1.22% Corporate and Other
                      -2.89% Eliminations
                      tipranks

                      AES Stock 12 Month Forecast

                      Average Price Target

                      $15.50
                      ▲(7.12% Upside)
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                      19.69% Other Institutional Investors
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