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Barchart
Barchart
Aanchal Sugandh

Are Wall Street Analysts Bullish on AES Corporation Stock?

The AES Corporation (AES), based in Arlington, Virginia, is a global power generation and utility enterprise. It commands a market cap of approximately $10.4 billion and generates, distributes, transmits, and sells electricity. The company’s diversified portfolio spans around 32,109 megawatts (MW) and serves 2.7 million end users globally.

Over the past 52 weeks, AES stock has delivered a 30.4% return, decisively outperforming the S&P 500 Index ($SPX), which rose 16.1% during the same period. On a year-to-date (YTD) basis, AES’ shares have continued to maintain relative strength, jumping nearly 4% compared with the S&P 500’s 1.9% gain.

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