Analyst Consensus ?
ConsensusHold24 ratings
Bullish1250.0%
Neutral1145.8%
Bearish14.2%
Ameren Corporation · AEE · FY2025 Q3 · Calendar Q4 2025
Ameren raises guidance as data-center demand expands its investment pipeline
The supplied analysis supports a constructive operating trajectory: resilient demand and infrastructure investment are reinforcing growth, but the thesis depends on regulatory execution, capital discipline, and the timing of large-load customer ramps.
Reported After market closeNYSEUtilities
$27.45B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.17
Consensus $2.11
EPS surprise
+2.8%
Reported versus consensus
Reported revenue
$2.70B
Consensus $2.48B
Revenue surprise
+8.7%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+0.7%
Event window
SPY move
-1.1%
Same window
Abnormal move
+1.8%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
-2.1%
Up to 20 sessions
AEESPY benchmark
Ask FN2 about AEE FY2025 Q3
Transcript, numbers and history already loaded
Why did AEE rise 0.7% after beating EPS estimates in FY2025 Q3?What changed in AEE's guidance and outlook in FY2025 Q3?Give me the bull and bear case for AEE after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, management's outlook improved: guidance was raised, the data-center pipeline expanded, and the capital-investment plan increased. The core risks remained concentrated in regulatory approvals, execution, and financing capacity.
Guidance delta
Management raised full-year EPS guidance, while reaffirming its long-term earnings-growth framework.
Key takeaways
- The current analysis points to stronger near-term momentum, with guidance raised from the prior quarter.
- Data-center development, grid modernization, and rate-base growth remain the central growth drivers.
- The investment opportunity is paired with material execution, regulatory, and financing dependencies.
- Management's tone remained confident, but the next proof points are regulatory progress and delivery against the pipeline.
Management priorities
- Finalize the large-load tariff and energy-service agreements.
- Execute the grid and generation investment pipeline.
- Advance renewable and battery projects.
- File the 2026 Integrated Resource Plan.
- Increase energy-efficiency investment.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
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Analyst 52W Price Targets
$99.2Previous close
$80Low
$107.7Average
$131High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 18, 2026 |
| Truist Securities | Buy | Buy | Maintain | Aug 17, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Aug 3, 2026 |
| BTIG | Buy | Buy | Maintain | Aug 3, 2026 |
| Goldman Sachs | Hold | Hold | Maintain | Jul 31, 2026 |
| Keybanc | Overweight | Sector Weight | Upgrade | Jul 23, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 22, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Jul 16, 2026 |
| B of A Securities | Hold | Hold | Maintain | Jul 13, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Jul 9, 2026 |
| Argus Research | Buy | Buy | Maintain | Mar 23, 2026 |
| UBS | Buy | Buy | Maintain | Feb 20, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Feb 13, 2026 |
| Evercore ISI Group | Outperform | In Line | Upgrade | Jan 21, 2025 |
| Guggenheim | Neutral | Neutral | Maintain | Jul 7, 2023 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | Oct 16, 2019 |
| Bank of America | Buy | Neutral | Upgrade | Sep 17, 2019 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Sep 12, 2019 |
| Argus | Hold | Buy | Downgrade | May 5, 2018 |
| Wunderlich Securities | Hold | Hold | Maintain | May 3, 2013 |
| Wunderlich | Hold | Hold | Maintain | May 3, 2013 |
| Edward Jones | Hold | Sell | Upgrade | Dec 24, 2012 |
| Bank oferica | Underperform | Underperform | Maintain | May 8, 2012 |
| ISI Group | Hold | Hold | Maintain | Apr 12, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $99.2. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Truist Financial | Analyst unavailable | $120 | $109.74 | +21.0% | Aug 17, 2026 |
| Mizuho Securities | Analyst unavailable | $124 | $109.61 | +25.0% | Aug 3, 2026 |
| BTIG | Analyst unavailable | $126 | $112.01 | +27.0% | Jul 23, 2026 |
| KeyBanc | Analyst unavailable | $122 | $112.01 | +23.0% | Jul 23, 2026 |
| Morgan Stanley | Analyst unavailable | $118 | $111.36 | +19.0% | Jul 22, 2026 |
| Barclays | Nicholas Campanella | $117 | $112.54 | +17.9% | Jul 9, 2026 |
| Morgan Stanley | David Arcaro | $115 | $112.71 | +15.9% | Jun 24, 2026 |
| Morgan Stanley | Analyst unavailable | $110 | $109.74 | +10.9% | May 21, 2026 |
| Morgan Stanley | David Arcaro | $117 | $110.68 | +17.9% | Apr 21, 2026 |
| Wells Fargo | Shahriar Pourreza | $120 | $111.27 | +21.0% | Apr 21, 2026 |
| Truist Financial | Richard Sunderland | $126 | $111.27 | +27.0% | Apr 20, 2026 |
| Barclays | Analyst unavailable | $116 | $111.86 | +16.9% | Apr 15, 2026 |
| BTIG | Alex Kania | $131 | $114.32 | +32.1% | Apr 9, 2026 |
| Morgan Stanley | David Arcaro | $116 | $109.46 | +16.9% | Feb 20, 2026 |
| UBS | William Appicelli | $127 | $109.31 | +28.0% | Feb 20, 2026 |
| Wells Fargo | Analyst unavailable | $113 | $109.4 | +13.9% | Feb 13, 2026 |
| Mizuho Securities | Analyst unavailable | $117 | $109.34 | +17.9% | Feb 13, 2026 |
| BMO Capital | Analyst unavailable | $120 | $109.34 | +21.0% | Feb 13, 2026 |
| RBC Capital | Stephen D'Ambrisi | $116 | $101.85 | +16.9% | Jan 23, 2026 |
| Morgan Stanley | David Arcaro | $108 | $103.75 | +8.9% | Jan 21, 2026 |
| Wells Fargo | Analyst unavailable | $111 | $104 | +11.9% | Jan 20, 2026 |
| Barclays | Nicholas Campanella | $104 | $102.54 | +4.8% | Jan 15, 2026 |
| UBS | Analyst unavailable | $115 | $97.99 | +15.9% | Dec 17, 2025 |
| Morgan Stanley | Analyst unavailable | $103 | $98.87 | +3.8% | Dec 16, 2025 |
| Wells Fargo | Analyst unavailable | $112 | $104.81 | +12.9% | Oct 27, 2025 |
| RBC Capital | Stephen D'Ambrisi | $119 | $104.81 | +20.0% | Oct 27, 2025 |
| Mizuho Securities | Analyst unavailable | $114 | $104.18 | +14.9% | Oct 27, 2025 |
| Morgan Stanley | Analyst unavailable | $111 | $105.38 | +11.9% | Oct 22, 2025 |
| Barclays | Analyst unavailable | $111 | $104.92 | +11.9% | Oct 21, 2025 |
| Barclays | Analyst unavailable | $113 | $105.69 | +13.9% | Oct 21, 2025 |
| KeyBanc | Analyst unavailable | $109 | $104.23 | +9.9% | Oct 15, 2025 |
| Morgan Stanley | David Arcaro | $104 | $101.13 | +4.8% | Sep 25, 2025 |
| KeyBanc | Sophie Karp | $104 | $96.46 | +4.8% | Jul 16, 2025 |
| UBS | William Appicelli | $114 | $96.2 | +14.9% | Jul 11, 2025 |
| Goldman Sachs | Carly Davenport | $100 | $95.1 | +0.8% | Jun 25, 2025 |
| Morgan Stanley | David Arcaro | $102 | $95.4 | +2.8% | May 22, 2025 |
| KeyBanc | Sophie Karp | $103 | $95.42 | +3.8% | May 14, 2025 |
| Barclays | Analyst unavailable | $102 | $100 | +2.8% | Mar 4, 2025 |
| Jefferies | Julien Dumoulin-Smith | $97 | $83.62 | -2.2% | Sep 19, 2024 |
| Mizuho Securities | Anthony Crowdel | $89 | $83.99 | -10.3% | Sep 16, 2024 |
| BMO Capital | James Thalacker | $87 | $80.85 | -12.3% | Aug 6, 2024 |
| UBS | Daniel Ford | $87 | $74.82 | -12.3% | Jul 19, 2024 |
| BMO Capital | James Thalacker | $80 | $71.13 | -19.4% | Jun 21, 2024 |
| Barclays | Nicholas Campanella | $77 | $70.1 | -22.4% | May 30, 2024 |
| Goldman Sachs | Carly Davenport | $73 | $74.9 | -26.4% | May 16, 2024 |
| BMO Capital | James Thalacker | $81 | $73.85 | -18.3% | May 6, 2024 |
| Wells Fargo | Neil Kalton | $94 | $78.55 | -5.2% | Oct 19, 2023 |
| Barclays | Eric Beaumont | $80 | $77.43 | -19.4% | Sep 5, 2023 |
| KeyBanc | Sophie Karp | $90 | $83.36 | -9.3% | Jun 11, 2023 |
| Morgan Stanley | Analyst unavailable | $92 | $88.16 | -7.3% | Dec 15, 2022 |
| Morgan Stanley | Analyst unavailable | $86 | $84.86 | -13.3% | Nov 11, 2022 |
| Mizuho Securities | Anthony Crowdell | $92 | $88.24 | -7.3% | Jul 8, 2022 |
| Argus Research | Analyst unavailable | $102 | $93.73 | +2.8% | Jun 3, 2022 |
| Argus Research | Analyst unavailable | $112 | $96.36 | +12.9% | May 26, 2022 |
| Mizuho Securities | Analyst unavailable | $98 | $95.8 | -1.2% | Apr 26, 2022 |
| Credit Suisse | Analyst unavailable | $104 | $95.92 | +4.8% | Apr 26, 2022 |
| Morgan Stanley | Analyst unavailable | $101 | $97.75 | +1.8% | Apr 20, 2022 |
| Argus Research | Gary Hovis | $90 | $79.7 | -9.3% | Jun 24, 2021 |
| Bank of America Securities | Julien Dumoulin Smith | $89 | $81.8 | -10.3% | Jun 21, 2021 |
| Goldman Sachs | Insoo Kim | $90 | $84.49 | -9.3% | Jun 15, 2021 |
Track every rating change on AEE the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationOperating across the United States, Ameren Corporation functions as a utility holding company. The enterprise organizes its operations into four primary divisions: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. Its fundamental business involves the rate-regulated production, transmission, and supply of electricity, in addition to the rate-regulated distribution and transmission of natural gas. Ameren generates power using a variety of sources, including coal, nuclear energy, and natural gas, supplemented by renewable alternatives such as hydroelectric, wind, methane gas, and solar. Its customer base encompasses residential homes, commercial businesses, and industrial operations. Established in 1881, Ameren Corporation is headquartered in St. Louis, Missouri.
Historical context
All AEE earningsLatest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-25T08:41:00.000358+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-25T08:40:59.997268+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-25. For educational purposes only; not investment advice.