CMS Energy Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for CMS Energy stock have an average target of 69.14, with a low estimate of 57 and a high estimate of 77. The average target predicts an increase of 4.19% from the current stock price of 66.36.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$57	$69.14	$68	$77
Change	-14.10%	+4.19%	+2.47%	+16.03%

Analyst Ratings

The average analyst rating for CMS Energy stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	2	2	2	2
Buy	5	6	7	7	7	7
Hold	5	5	5	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	14	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Initiates $76	Strong Buy	Initiates	$76	+14.53%	Nov 5, 2024
James Thalacker BMO Capital	BMO Capital	Buy Maintains $77 → $76	Buy	Maintains	$77 → $76	+14.53%	Nov 1, 2024
Neil Kalton Wells Fargo	Wells Fargo	Buy Maintains $70 → $77	Buy	Maintains	$70 → $77	+16.03%	Oct 16, 2024
Nicholas Campanella Barclays	Barclays	Hold Maintains $65 → $68	Hold	Maintains	$65 → $68	+2.47%	Oct 15, 2024
Anthony Crowdell Mizuho	Mizuho	Buy → Hold Downgrades $76 → $72	Buy → Hold	Downgrades	$76 → $72	+8.50%	Oct 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.89B

from 7.46B

5.76%

from 7.46B

Revenue Next Year

8.16B

from 7.89B

3.35%

from 7.89B

EPS This Year

3.37

from 3.01

11.81%

from 3.01

EPS Next Year

3.62

from 3.37

7.63%

from 3.37

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.62B	6.42B	7.33B	8.60B	7.46B	7.89B	8.16B	8.41B
Revenue Growth	-3.62%	-3.11%	14.19%	17.29%	-13.19%	5.76%	3.35%	3.07%
EPS	2.39	2.64	4.66	2.85	3.01	3.37	3.62	3.90
EPS Growth	3.12%	10.46%	76.32%	-38.75%	5.53%	11.81%	7.63%	7.53%
Forward PE	-	-	-	-	-	19.71	18.31	17.03
No. Analysts	-	-	-	-	-	20	20	18

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	8.4B	8.8B	9.3B
Avg	7.9B	8.2B	8.4B
Low	7.4B	7.6B	7.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	12.8%	11.2%	13.5%
Avg	5.8%	3.3%	3.1%
Low	-0.7%	-3.4%	-6.5%

EPS Forecast

EPS	2024	2025	2026
High	3.52	3.80	4.10
Avg	3.37	3.62	3.90
Low	3.25	3.48	3.73

EPS Growth

EPS Growth	2024	2025	2026
High	16.8%	12.9%	13.0%
Avg	11.8%	7.6%	7.5%
Low	8.0%	3.3%	3.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.