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BMO Stays Bullish on American Electric Power (AEP), Citing Strong Capex Outlook
Yahoo Finance· 2025-10-30 09:08
American Electric Power Company, Inc. (NASDAQ:AEP) is one of the best high-growth utility stocks to buy. On October 16, BMO Capital reiterated an Outperform rating on AEP and lifted the price target from $121 to $127. The updated price target was announced in light of the company’s upcoming Q3 2025 financial results, scheduled for release on October 29. The investment firm expects Q3 EPS to come in at $1.78, which is less than the median estimates of $1.83 and $1.86 at FactSet and Bloomberg, respectively. ...
FirstEnergy’s Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2025-10-21 08:53
Core Insights - FirstEnergy Corp. is a major electric utility holding company based in Ohio, serving approximately 6 million customers across multiple states with a market cap of $27.1 billion [1] Earnings Expectations - FirstEnergy is expected to announce its fiscal Q3 2025 earnings results on October 22, with analysts predicting an adjusted EPS of $0.73, a decrease of 14.1% from $0.85 in the same quarter last year [2] - For fiscal 2025, the anticipated adjusted EPS is $2.53, reflecting a decline of 3.8% from $2.63 in fiscal 2024, but is expected to grow by 6.7% year-over-year to $2.70 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, FirstEnergy shares have increased by 8.2%, which is lower than the S&P 500 Index's return of 14.8% and the Utilities Select Sector SPDR Fund's gain of 11.7% during the same period [4] Analyst Ratings - Analysts maintain a cautiously optimistic view on FirstEnergy stock, with a consensus "Moderate Buy" rating; out of 17 analysts, six recommend a "Strong Buy," one a "Moderate Buy," and ten a "Hold" [6] - The mean price target for FirstEnergy is $47.83, suggesting a slight potential increase from current market prices [6] Recent Developments - On October 16, FirstEnergy shares fell by 1.9% after JPMorgan Chase & Co. analyst Jeremy Tonet reaffirmed a "Hold" rating with a price target of $47, citing stable utility operations but ongoing challenges in the power generation segment [5]
HSBC Raises GE Vernova (GEV) PT to $580, Cites Potential for a US Onshore Demand Rebound
Yahoo Finance· 2025-09-11 18:15
Group 1 - GE Vernova Inc. is considered one of the best IPO stocks to buy and hold for 3 years, with a price target raised to $580 by HSBC analyst Sean McLoughlin from $570, maintaining a Hold rating [1] - The company reported Q2 2025 orders of $12.4 billion and revenue of $9.1 billion, reflecting an 11% year-over-year increase, driven by demand in the Power and Electrification segments [2] - GE Vernova's backlog increased by $5.2 billion sequentially, with notable growth in the Gas Power equipment backlog and slot reservation agreements rising from 50 to 55 GW [3] Group 2 - The company operates in three segments: Power, Wind, and Electrification, providing various products and services related to electricity generation, transfer, orchestration, conversion, and storage [3]