CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
69.52
+0.31 (0.45%)
Nov 22, 2024, 4:00 PM EST - Market closed
CMS Energy Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for CMS Energy stock have an average target of 69.07, with a low estimate of 57 and a high estimate of 77. The average target predicts a decrease of -0.65% from the current stock price of 69.52.
Analyst Consensus: Buy
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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $69 → $67 | Hold | Maintains | $69 → $67 | -3.62% | Nov 22, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $76 | Strong Buy | Initiates | $76 | +9.32% | Nov 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $77 → $76 | Buy | Maintains | $77 → $76 | +9.32% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $70 → $77 | Buy | Maintains | $70 → $77 | +10.76% | Oct 16, 2024 |
| Barclays | Barclays | Hold Maintains $65 → $68 | Hold | Maintains | $65 → $68 | -2.19% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
7.90B
from 7.46B
Increased by 5.82%
Revenue Next Year
8.17B
from 7.90B
Increased by 3.41%
EPS This Year
3.37
from 3.01
Increased by 11.77%
EPS Next Year
3.62
from 3.37
Increased by 7.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 11.2% | 13.3% | ||
| Avg | 5.8% | 3.4% | 3.2% | ||
| Low | -0.7% | -3.5% | -6.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.52 | 3.80 | 4.10 | ||
| Avg | 3.37 | 3.62 | 3.89 | ||
| Low | 3.24 | 3.42 | 3.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.8% | 12.9% | 13.2% | ||
| Avg | 11.8% | 7.5% | 7.5% | ||
| Low | 7.7% | 1.6% | 1.0% |
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.