AES Corporation has achieved the top status among corporate energy providers worldwide. The company has announced a
$0.18 quarterly dividend. Huge strides have been made in the market with a record-breaking 62GW of deals in renewable energy. Despite a decline in stock performance, experts like
Jim Cramer consider the corporation as undervalued and a good investment. Key actions from institutional owners are expected, due to a recent 3.8% drop in stock prices which adds to the one-year losses. Among new developments,
AES has completed 1.2 GW of construction and has added 2.2 GW of renewables PPAs and data center load growth at US Utilities.
Morgan Stanley has adjusted the AES price target but continues to maintain an overweight rating. Several investments firms have also acquired and reduced holdings in AES. The corporation continues its progress in renewable energy and despite facing challenges in the market, it stands out for its innovation like the partnership with AI Fund to accelerate AI-driven energy solutions. The stock price may have seen recent lows, but the company's financial reports reaffirm steady growth while challenges in renewable energy buildout goals remain.
Aes Corporation AES News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 22 Feb 2025 22:45:26 GMT -
Rating 0
- Innovation 8
- Information 2
- Rumor -5