Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.750
-0.030 (-1.08%)
Jun 26, 2026, 2:44 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 3.13. The average 1-year stock price forecast is 13.82% higher than the current stock price, while the lowest is AED 2.75 (0.00%) and the highest is AED 3.45 (+25.45%).

Price Target: AED 3.13 (+13.82%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
PriceAED 2.75AED 3.13AED 3.14AED 3.45
Change0.00%+13.82%+14.18%+25.45%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy455655
Buy333333
Hold666666
Sell000000
Strong Sell000000
Total131414151414

Financial Forecast

Revenue This Year
33.65B
from 32.84B
Increased by 2.46%
Revenue Next Year
35.30B
from 33.65B
Increased by 4.91%
EPS This Year
0.16
from 0.17
Decreased by -3.25%
EPS Next Year
0.18
from 0.16
Increased by 7.80%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
23.82B27.34B29.18B30.98B32.84B33.65B
Revenue Growth
7.02%14.74%6.74%6.17%6.02%2.46%
Net Income
6.12B7.72B7.70B7.01B8.35B7.84B
EPS
----0.170.16
EPS Growth
----20.00%-3.25%
Forward PE
-15.1917.4819.3317.2516.92
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
2.5%
Low
-2.8%

EPS Forecast

EPS202620272028
High0.18
Avg0.16
Low0.14

EPS Growth

EPS Growth202620272028
High
7.1%
Avg
-3.3%
Low
-19.2%