Recent trading activity suggests a significant uptick in bullish sentiment for AES Corp (AES, Financial), with call options experiencing a surge. A total of 15,925 call options have been transacted, a volume nearly four times the anticipated level. This activity has driven the implied volatility up by approximately 7 percentage points, reaching 58.93%.
The call options slated for expiration on August 25th, particularly the Aug-25 13 calls and Aug-25 12 calls, are generating the most interest among traders. These two strike prices alone account for nearly 9,500 of the total contracts traded. The current Put/Call Ratio stands at a low 0.10, further emphasizing the bullish outlook investors have toward the stock.
Looking ahead, AES Corp is scheduled to report its earnings on May 1st. This heightened activity and increased volatility could be a precursor to the financial results that investors are closely monitoring.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for The AES Corp (AES, Financial) is $14.75 with a high estimate of $23.00 and a low estimate of $7.00. The average target implies an upside of 53.21% from the current price of $9.63. More detailed estimate data can be found on the The AES Corp (AES) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, The AES Corp's (AES, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The AES Corp (AES, Financial) in one year is $19.46, suggesting a upside of 102.18% from the current price of $9.625. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The AES Corp (AES) Summary page.
