Saint Louis, Missouri-based Ameren Corporation (AEE) generates and distributes electricity and natural gas to residential, commercial, industrial, and wholesale end markets in Missouri and Illinois. With a market cap of $26.7 billion, Ameren operates through Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission segments.

Companies with a market cap of $10 billion or more are categorized as "large-cap stocks." Ameren fits this description perfectly, with its market cap exceeding this threshold, reflecting its substantial size and influence in the utility sector.

Ameren touched its all-time high of $104.10 on Mar. 4 and is currently trading 4.9% below that peak. Meanwhile, the stock has gained 4.9% over the past three months, notably underperforming the Nasdaq Composite’s ($NASX) 14% surge during the same time frame.

Ameren has also underperformed the Nasdaq over the longer term. The stock has gained 11% on a YTD basis and 16.4% over the past 52 weeks, lagging behind Nasdaq’s 15.3% surge in 2025 and 26.3% gains over the past year.

The stock has traded consistently above its 200-day moving average over the past year, and above its 50-day moving average since mid-July, underscoring its bullish trend.

Ameren’s stock prices gained nearly 1% in the trading session following the release of its impressive Q2 results on Jul. 31. The company’s electric revenues soared almost 34% year-over-year to $2 billion, leading to a solid 31.2% growth in overall operating revenues to $2.2 billion, beating the Street’s expectations by a massive 20.7%. Meanwhile, the company observed a notable contraction in margins, leading to a much more modest 6.6% growth in net income to $275 million. Nevertheless, its EPS of $1.01 surpassed the consensus estimates by 1%.

When compared to its peer, Ameren has notably outperformed Consolidated Edison, Inc.’s (ED) 8% gains on a YTD basis and 7.8% decline over the past 52 weeks.

Among the 14 analysts covering the AEE stock, the consensus rating is a “Moderate Buy.” Its mean price target of $108.50 suggests a 9.6% upside potential from current price levels.