What is AWK stock price target for 2026?

WallStSmart's 12-month price target for American Water Works is $133.60, representing 1.2% upside from the current price of $131.97.

What is AWK stock forecast?

American Water Works 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 AWK undervalued based on price targets?

Our DCF intrinsic value for American Water Works is $110.27, against a current price of $131.97. The margin of safety is -12.17%.

AWK

American Water Works

NYSE: AWK · UTILITIES · UTILITIES - REGULATED WATER

$131.97

-0.53% today

Updated 2026-04-29

Market cap

$25.77B

P/E ratio

23.40

P/S ratio

5.01x

EPS (TTM)

$5.64

Dividend yield

2.45%

52W range

$120 – $147

Volume

1.9M

Market cap

$25.77B

P/E ratio

23.40

P/S ratio

5.01x

EPS (TTM)

$5.64

Dividend yield

2.45%

52W range

$120 – $147

Volume

1.9M

American Water Works (AWK) Financial Forecast & Price Target 2030

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

Price target summary

Current

$131.97

Consensus

$141.60

+7.30%

2030 Target

$428.23

+224.49%

DCF

$110.27

-12.17% MoS

Current price

$131.97

Analyst consensus

$141.60

+7.30%

2030 Target

$428.23

+224.49%

Intrinsic (DCF)

$110.27

-12.17% MoS

10 analysts:

0 Buy7 Hold2 Sell

Management guidance

American Water announced plans to invest up to $48 billion in infrastructure upgrades, resiliency, and acquisitions over the next decade (2026-2035), with approximately $4.8B average annual capex. Management has added ~385,000 new customers through acquisitions over the past ten years and plans continued M&A. No specific revenue targets by year were disclosed in available guidance.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$718.33

$7.0B Rev × 20x P/S

Base case (2030)

$428.23

$7.0B Rev × 12x P/S

Bear case (2030)

$290.09

$7.0B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$4.2B	$4.7B	$5.1B	$5.4B	$5.8B	$6.2B	$6.6B	$7.0B
Revenue growth	—	10.6%	9.7%	5.8%	7.0%	6.7%	6.5%	6.4%
EPS	$5.00	$5.32	$5.71	$6.16	$6.64	$7.15	$7.68	$8.24
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$331.54	$359.16	$386.79	$400.61	$428.23

Catalysts & risks

Growth catalysts

+ Regulated rate increases across 50+ regulated utilities in 15+ states (6-9% typical annual rates)

+ $48 billion infrastructure investment program driving customer growth and operational efficiency through 2035

+ Customer assistance programs (Income-Based Discount pilot) expanding TAM by increasing penetration of lower-income customers

+ Strategic M&A activity adding 385,000 customers over past decade; acquisition pipeline continues

Key risks

- Regulatory headwinds: rate approval delays or unfavorable commission decisions could constrain revenue growth

- Interest rate sensitivity: rising rates increase debt service costs and capex financing burden given 1.47x debt/equity

- Weather volatility: drought/flooding impacts customer usage and operational costs (see CWSG weather-driven 42% net income decline)

- Mixed analyst sentiment: consensus is 'Hold' with recent downgrades from Wells Fargo, Jefferies, and Barclays limiting upside catalysts

Methodology

American Water Works's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 10 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.