AES Corporation, a global power generation and utility company, has a market cap of approximately $10.4 billion and serves 2.7 million end users worldwide. Their stock has outperformed the S&P 500, delivering a 30.4% return over the past year. Despite revenue slightly below estimates, AES reported a 1.9% year-over-year growth in their fiscal third quarter results. Earnings per share also exceeded forecasts, driving confidence in the company’s growth potential. Analysts forecast 1.9% EPS growth for 2025, with a consensus rating of “Moderate Buy” from Wall Street. Recent upgrades suggest a positive outlook for AES stock, with a mean price target of $15.55.
Read more at Barchart: Are Wall Street Analysts Bullish on AES Corporation Stock?
