Evercore ISI Group has initiated coverage on AES Corp (AES) with an In-Line rating, marking its first assessment of the company's investment potential. This action, taken on October 6, 2025, comes as AES operates in the utilities sector, providing power generation and utility services through its diverse facilities, including renewable and thermal generation.
The company, headquartered in Arlington, Virginia, employs approximately 9,100 full-time staff and operates across four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. As of November 20, 2025, AES Corp boasts a market capitalization of $9.7 billion, a price-to-earnings ratio of 8.41, and an impressive dividend yield of 511.3%.
Upcoming earnings reports are anticipated, with EPS estimates of $0.61 on revenue of $3.0 billion for July 29, 2026, and $0.47 on revenue of $3.1 billion for March 31, 2026. Recent performance has shown notable surprises in earnings, including a Q3 2025 EPS of $0.89, exceeding estimates by 16.5%.
Analyst ratings, while providing valuable insights, reflect professional opinions based on various assumptions and models. Investors are advised to consider multiple factors, including company fundamentals and industry trends, when making decisions. Analyst views should serve as one of many inputs rather than the sole basis for investment choices. Moreover, ratings can evolve as new information emerges, with the current consensus rating for AES being a Buy, according to 19 analysts, including 2 Strong Buy, 9 Buy, 6 Hold, 1 Sell, and 1 Strong Sell.