Zacks Research Issues Pessimistic Forecast for AES Earnings

The AES Corporation (NYSE:AES - Free Report) - Stock analysts at Zacks Research decreased their Q3 2026 earnings estimates for AES in a report released on Monday, July 7th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.71 per share for the quarter, down from their prior estimate of $0.72. The consensus estimate for AES's current full-year earnings is $1.93 per share. Zacks Research also issued estimates for AES's Q4 2026 earnings at $0.50 EPS and FY2026 earnings at $2.18 EPS.

AES (NYSE:AES - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The utilities provider reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.10). The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $3.13 billion. AES had a return on equity of 18.06% and a net margin of 10.67%. The business's revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.60 earnings per share.

Other equities research analysts have also issued research reports about the stock. HSBC dropped their target price on shares of AES from $15.00 to $14.00 in a report on Monday, May 5th. Argus reaffirmed a "hold" rating on shares of AES in a report on Tuesday, May 27th. Citigroup dropped their target price on shares of AES from $23.00 to $14.00 and set a "buy" rating for the company in a report on Friday, May 9th. JPMorgan Chase & Co. dropped their target price on shares of AES from $16.00 to $14.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Finally, Jefferies Financial Group lowered shares of AES from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $10.00 to $9.00 in a report on Tuesday, May 20th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $24.22.

AES Price Performance

NYSE:AES traded down $0.85 during trading hours on Thursday, reaching $12.41. 35,364,089 shares of the company were exchanged, compared to its average volume of 13,733,386. AES has a twelve month low of $9.46 and a twelve month high of $20.30. The firm has a market cap of $8.83 billion, a PE ratio of 6.74, a price-to-earnings-growth ratio of 1.78 and a beta of 0.95. The stock's 50-day moving average is $10.91 and its 200-day moving average is $11.22. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 3.42.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Community Trust & Investment Co. lifted its position in AES by 37.4% in the first quarter. Community Trust & Investment Co. now owns 291,418 shares of the utilities provider's stock valued at $3,619,000 after buying an additional 79,355 shares during the last quarter. Perigon Wealth Management LLC lifted its position in shares of AES by 141.0% during the first quarter. Perigon Wealth Management LLC now owns 66,841 shares of the utilities provider's stock worth $830,000 after purchasing an additional 39,107 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of AES by 23.2% during the first quarter. Oppenheimer Asset Management Inc. now owns 689,534 shares of the utilities provider's stock worth $8,564,000 after purchasing an additional 129,782 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. acquired a new stake in shares of AES during the fourth quarter worth about $4,936,000. Finally, Miller Howard Investments Inc. NY lifted its position in shares of AES by 23.4% during the first quarter. Miller Howard Investments Inc. NY now owns 207,942 shares of the utilities provider's stock worth $2,583,000 after purchasing an additional 39,486 shares in the last quarter. Institutional investors and hedge funds own 93.13% of the company's stock.

About AES

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.