Ameren

AEE · NYSE

$106.23+$2.22 (+2.13%)TodayMarket closed ·
Prev close $104.01

AEE analyst rating

BuyConsensus of 16 analysts over the last 12 months. 63% rate it a buy.
  • Strong buy0
  • Buy10
  • Hold6
  • Underperform0
  • Sell0

12-month price target · 18 analysts

Average $119.37 (+12.4% upside)

Low
$105.04
Now
$106.23
High
$145.95

Upgrades and downgrades

The latest rating actions, newest first

AEE analyst upgrades, downgrades and rating actions
FirmDateActionRating
BMO CapitalOct 20, 2026MaintainsOutperform
BarclaysOct 19, 2026MaintainsEqual-Weight
Truist SecuritiesOct 14, 2026MaintainsBuy
KeybancOct 13, 2026MaintainsOverweight
MizuhoSep 30, 2026MaintainsOutperform
ScotiabankSep 29, 2026InitiatesSector Perform
RBC CapitalSep 25, 2026MaintainsSector Perform
Morgan StanleySep 18, 2026MaintainsEqual-Weight
Morgan StanleyAug 21, 2026MaintainsEqual-Weight
Truist SecuritiesAug 17, 2026MaintainsBuy

The case for and against

Updated Oct 23, 2025

Bull case

Ameren demonstrated robust performance in its retail sales, with a 3% increase across all customer classes reported for Ameren Missouri during the quarter. The company's year-over-year results showed an improvement of $0.05, indicating a positive financial trend. These metrics highlight strong demand and operational efficiency within Ameren’s regulated utility segments, contributing to a favorable outlook for the stock.

Bear case

The projected financial performance for Ameren in 2025 indicates challenges, as the anticipated rate relief from the electric rate case at Ameren Missouri will only slightly increase earnings, with expected contributions of approximately +$0.05 in 2Q25, +$0.25 in 3Q25, and +$0.05 in 4Q25. Additionally, the return to normal weather conditions is expected to negatively impact earnings by about $(0.07) in 2Q25, although it may have a minimal positive effect in the subsequent quarters. Furthermore, the issuance of approximately 5.8 million common shares by the end of 2025 due to forward sale agreements could dilute existing shareholder value, compounding the company's financial pressures.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.