Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.610
+0.040 (1.56%)
Jun 5, 2026, 2:57 PM GST

DFM:DEWA Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, DFM:DEWA stock has a consensus rating of "Buy" and an average price target of AED 3.18. The average 1-year stock price forecast is 21.84% higher than the current stock price, while the lowest is AED 2.90 (+11.11%) and the highest is AED 3.55 (+36.02%).

Price Target: AED 3.18 (+21.84%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
PriceAED 2.90AED 3.18AED 3.25AED 3.55
Change+11.11%+21.84%+24.52%+36.02%

Analyst Ratings

The average analyst rating for DFM:DEWA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy445565
Buy333333
Hold566666
Sell000000
Strong Sell000000
Total121314141514

Financial Forecast

Revenue This Year
33.71B
from 32.84B
Increased by 2.65%
Revenue Next Year
35.36B
from 33.71B
Increased by 4.87%
EPS This Year
0.16
from 0.17
Decreased by -3.32%
EPS Next Year
0.18
from 0.16
Increased by 7.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.82B27.34B29.18B30.98B32.84B33.71B
Revenue Growth
7.02%14.74%6.74%6.17%6.02%2.65%
Net Income
6.12B7.72B7.70B7.01B8.35B7.93B
EPS
----0.170.16
EPS Growth
----20.00%-3.32%
Forward PE
-15.1917.4819.3317.2516.07
Dividend / Share
-0.120.120.120.120.13
Dividend Growth
-----0.91%
Free Cash Flow
-379.60M1.68B5.06B5.35B3.30B5.07B
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AED.

Revenue Forecast

Revenue202620272028
High34.5B
Avg33.7B
Low31.9B

Revenue Growth

Revenue Growth202620272028
High
5.1%
Avg
2.7%
Low
-2.8%

EPS Forecast

EPS202620272028
High-
Avg0.16
Low-

EPS Growth

EPS Growth202620272028
High-
Avg
-3.3%
Low-
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.