Seeking Alpha
31 Oct 2026, 17:30 UTC · 2h ago
American Electric Power: Texas Could Make It Even Bigger
Impact · against what's priced in
The updated $100B investment plan and 10% EPS growth target are positive catalysts because the market currently assumes a growth deceleration to 4% and refuses to pay for data-center-driven expansion. While the financing requirements are a headwind, the magnitude of the capex increase directly addresses the gap between the current price and the bull case.
- AEP+0.40
Challenges what's priced in
- The price assumes
The full realization of a >9% compound annual growth rate through 2030
The company is targeting 10% annual EPS growth through 2031 backed by a raised $100B investment plan, directly challenging the market's current assumption of a deceleration to 4% revenue CAGR.
What AEP's price assumes · Sep 13
