Wall Street expects The AES Corporation to report Q4 2025 revenue of $3.07 billion and adjusted EPS of $0.68, representing year-over-year growth of 3.7% and 25.9% respectively, as shares trade near $16.29 with a $24.08 price target.
Investors are primarily focused on the company’s progress in signing new Power Purchase Agreements (PPAs), specifically those aimed at fulfilling surging power demand from AI-driven data centers.
AES is on track to meet its three-year target of 14-17 GW in signed contracts, having already secured 2.2 GW in the first three quarters of 2025. Management’s 2026 guidance will be crucial for validating its transition from coal assets to a higher-margin renewable energy portfolio.