What is AEE stock price target for 2026?

WallStSmart's 12-month price target for Ameren Corp is $128.82, representing 15.8% upside from the current price of $111.29.

What is AEE stock forecast?

Ameren Corp forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is AEE undervalued based on price targets?

Our DCF intrinsic value for Ameren Corp is $65.69, against a current price of $111.29. The margin of safety is -61.39%.

AEE

Ameren Corp

NYSE: AEE · UTILITIES · UTILITIES - REGULATED ELECTRIC

$111.29

-0.81% today

Updated 2026-04-29

Market cap

$30.79B

P/E ratio

20.80

P/S ratio

3.64x

EPS (TTM)

$5.35

Dividend yield

2.53%

52W range

$91 – $116

Volume

1.7M

Market cap

$30.79B

P/E ratio

20.80

P/S ratio

3.64x

EPS (TTM)

$5.35

Dividend yield

2.53%

52W range

$91 – $116

Volume

1.7M

Ameren Corp (AEE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$111.29

Consensus

$113.27

+1.78%

2030 Target

$502.56

+351.58%

DCF

$65.69

-61.39% MoS

Current price

$111.29

Analyst consensus

$113.27

+1.78%

2030 Target

$502.56

+351.58%

Intrinsic (DCF)

$65.69

-61.39% MoS

12 analysts:

4 Buy6 Hold0 Sell

Management guidance

Ameren affirmed 2026 earnings guidance and issued long-term growth guidance (Feb 2026). Company plans $70+ billion in capital investments from 2026-2035 to modernize grids and meet rising electricity demand from data centers and economic growth. Specific revenue targets not explicitly disclosed in available materials, but capex plan indicates sustained infrastructure-driven revenue expansion.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$848.77

$11.7B Rev × 20x P/S

Base case (2030)

$502.56

$11.7B Rev × 12x P/S

Bear case (2030)

$335.04

$11.7B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$7.5B	$7.6B	$8.8B	$9.1B	$9.7B	$10.3B	$11.0B	$11.7B
Revenue growth	—	1.6%	15.4%	7.3%	6.5%	6.6%	6.5%	6.5%
EPS	$4.37	$4.59	$5.35	$5.42	$5.86	$6.35	$6.88	$7.45
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$390.88	$424.38	$446.72	$480.22	$502.56

Catalysts & risks

Growth catalysts

+ Data center power demand surge in Missouri/Illinois service territories

+ $70B+ capital investment program (2026-2035) driving regulated rate base growth

+ Battery energy storage system deployments and grid modernization projects

+ Renewable energy expansion and clean energy transition opportunities

+ Regulatory rate approvals for infrastructure investments

+ 13 consecutive years of dividend growth (5.6% increase announced Feb 2026)

Key risks

- Regulatory approval delays or denials for rate increases

- Capital project cost overruns reducing profitability

- Uncertainty in future electricity demand forecasts

- Higher interest rates impacting debt financing costs

- Economic slowdown reducing industrial/commercial load growth

- Weather volatility affecting operational margins

Methodology

Ameren Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.