Ameren Corp

AEE’s Stage 4 decline is confirmed by a decisive support failure and sequential lower highs/lows, signaling a bearish medium-term bias. However, extreme oversold conditions raise the potential for a corrective bounce, so we will look to trim into rallies near the former support zone around 108–110, rather than selling into immediate downside extension. The long-term trend remains bearish with price trading below the 200-day SMA.

• ↑Q2 2026 adjusted EPS rose 12% YoY to $1.13.
• ↑Annual dividend increased 5.6% to $3.00, yield 2.74%, payout 56%.
• ↓Q2 revenue missed by 5.8% YoY, hinting at stagnation.