AES (NYSE) $15 takeover on 02 Mar 2026: AES stock drops ahead of earnings

AES stock plunged intraday after a consortium-led takeover offer set cash consideration at $15.00 per share on 02 Mar 2026, sending the New York Stock Exchange-listed The AES Corporation (AES) lower to $14.29. The move came as volume surged to 46,210,470 shares, roughly 4.93x the average, and arrives on the same day AES is due to report results at 4:00 PM ET. Investors must weigh the buyout price, a -12.07% intraday change, and the company’s earnings update when sizing risk and opportunity in the Utilities sector in the United States.