Ameren Corporation stock outlines a 20-year power plan for Missouri
π Ameren Corporation published a 20-year Integrated Resource Plan for Missouri covering natural gas, solar, wind, battery storage, fuel cells, and nuclear generation.
π The plan targets 2,400 megawatts of battery storage capacity by 2030 to support grid modernization and demand management.
βοΈ Ameren aims to add 1,300 megawatts of new solar capacity by 2030 as part of its renewable energy expansion strategy.
βοΈ The roadmap includes a goal to bring 1,200 megawatts of new nuclear generation online by 2040.
π€ Ameren has signed electric service agreements covering 2.8 gigawatts of aggregate large-load demand by 2030.
π° Second-quarter 2026 net income attributable to common shareholders rose to USD 314 million from USD 275 million in the prior year.
π Diluted earnings per share increased to USD 1.13, exceeding the USD 1.08 consensus estimate for the quarter.
π― The company reaffirmed its 2026 diluted EPS guidance range of USD 5.25 to USD 5.45 despite mixed revenue results.
π Second-quarter revenue was reported at USD 2.09 billion, falling short of the USD 2.27 billion analyst estimate.
π RBC Capital lowered its price target from USD 114.00 to USD 107.00 while maintaining a Sector Perform rating.
π Ameren stock traded at USD 99.39 on September 28, 2026, placing it 15.96% below its 52-week high of USD 118.32.
πΌ The company has a market capitalization of USD 27.5 billion as of late September 2026.
- Ameren Corporation reported second-quarter 2026 net income of USD 314 million, representing a significant increase from USD 275 million in the previous year.
- Diluted earnings per share rose to USD 1.13, surpassing the USD 1.08 consensus estimate and demonstrating strong operational profitability.
- The company successfully reaffirmed its full-year 2026 diluted EPS guidance of USD 5.25 to USD 5.45 despite revenue coming in below expectations.
- Ameren has secured electric service agreements covering 2.8 gigawatts of aggregate large-load demand by 2030, providing a clear commercial growth trajectory.
- The 20-year Integrated Resource Plan outlines a diversified generation mix including nuclear, solar, wind, and battery storage, reducing reliance on single energy sources.
- RBC Capital Management lowered its price target from USD 114.00 to USD 107.00, signaling that current valuation may not fully reflect the company's expansion plans.