The AES Corporation (NYSE:AES) is among the 13 Most Undervalued S&P 500 Stocks to Invest In.
On February 27, 2026, Seaport Research analyst Angie Storozynski upgraded The AES Corporation to Neutral from Sell.
On February 20, 2026, Morgan Stanley lowered its price target on AES Corp. to $23 from $24 and maintained an Overweight rating. The firm updated price targets for its North American Regulated & Diversified Utilities and IPPs coverage for January. Morgan Stanley noted that utilities underperformed the S&P this month. Previewing Q4 earnings, the firm expects “some balance” in discussions around data center pipelines given affordability and political concerns.
Earlier in February, Barclays downgraded AES Corp. to Equal Weight from Overweight with an unchanged $15 price target. The firm said the shares are trading closer to fundamental value. The “bull case” now appears less likely, and risk/reward is more balanced following the share price rally.
Jefferies raised its price target on AES Corp. to $16 from $13 and kept a Hold rating. The firm said headlines about a possible GIP-EQT bid are “credible,” noting GIP’s history with AES and prior consideration as a buyer. Jefferies added that clean energy comparables trading higher makes valuation easier to justify.
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally.
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