CenterPoint Energy, Inc. (CNP)
NYSE: CNP · Real-Time Price · USD
32.37
-0.02 (-0.06%)
Dec 26, 2024, 4:00 PM EST - Market closed
CenterPoint Energy Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for CenterPoint Energy stock have an average target of 30.96, with a low estimate of 28 and a high estimate of 37. The average target predicts a decrease of -4.36% from the current stock price of 32.37.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CNP stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 3 |
| Buy | 4 | 1 | 0 | 0 | 0 | 1 |
| Hold | 4 | 8 | 10 | 10 | 10 | 9 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 13 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ladenburg Thalmann | Ladenburg Thalmann | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +6.58% | Dec 12, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $30 → $35 | Hold → Buy | Upgrades | $30 → $35 | +8.12% | Dec 12, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $31 → $37 | Hold → Strong Buy | Upgrades | $31 → $37 | +14.30% | Dec 3, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $32 → $31 | Hold | Maintains | $32 → $31 | -4.23% | Nov 22, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $28 → $30 | Hold | Maintains | $28 → $30 | -7.32% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
9.02B
from 8.70B
Increased by 3.77%
Revenue Next Year
9.31B
from 9.02B
Increased by 3.21%
EPS This Year
1.63
from 1.37
Increased by 19.27%
EPS Next Year
1.76
from 1.63
Increased by 7.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.1B | 10.6B | 10.9B | |||
| Avg | 9.0B | 9.3B | 9.6B | |||
| Low | 8.3B | 8.4B | 8.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.5% | 17.9% | 17.0% | |||
| Avg | 3.8% | 3.2% | 2.6% | |||
| Low | -5.1% | -7.4% | -8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.72 | 1.85 | 2.01 | |||
| Avg | 1.63 | 1.76 | 1.89 | |||
| Low | 1.55 | 1.68 | 1.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 25.7% | 13.1% | 13.9% | |||
| Avg | 19.3% | 7.8% | 7.2% | |||
| Low | 13.0% | 2.6% | 1.7% |
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.