American Electric Power (AEP) plans to invest $72 billion from 2026 to 2030 as it anticipates new electricity loads coming online over the next three years. The company reported fourth-quarter 2025 earnings of $1.19 per share, surpassing analyst expectations and prompting firms like Morgan Stanley and TD Cowen to raise their price targets. With a return on equity of 10.46% and a remarkable 27.1% stock performance over the past year, AEP is solidifying its status as a leading electric utility amidst assessments of innovative technologies like Small Modular Reactors.