CenterPoint Energy Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CenterPoint Energy stock have an average target of 29.75, with a low estimate of 28 and a high estimate of 32. The average target predicts a decrease of -6.83% from the current stock price of 31.93.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$28	$29.75	$30	$32
Change	-12.31%	-6.83%	-6.04%	+0.22%

Analyst Ratings

The average analyst rating for CNP stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	5	4	1	0	0	0
Hold	3	4	8	10	10	10
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	11	11	12	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $32 → $31	Hold	Maintains	$32 → $31	-2.91%	Nov 22, 2024
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $28 → $30	Hold	Maintains	$28 → $30	-6.04%	Oct 29, 2024
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $28 → $32	Hold	Maintains	$28 → $32	+0.22%	Oct 16, 2024
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $30 → $32	Hold	Maintains	$30 → $32	+0.22%	Sep 25, 2024
Ross Fowler B of A Securities	B of A Securities	Hold Initiates $29	Hold	Initiates	$29	-9.18%	Sep 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.08B

from 8.70B

4.45%

from 8.70B

Revenue Next Year

9.42B

from 9.08B

3.66%

from 9.08B

EPS This Year

1.63

from 1.37

19.04%

from 1.37

EPS Next Year

1.76

from 1.63

7.70%

from 1.63

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	7.56B	7.42B	8.35B	9.32B	8.70B	9.08B	9.42B	9.56B
Revenue Growth	20.50%	-1.93%	12.59%	11.60%	-6.71%	4.45%	3.66%	1.57%
EPS	1.34	-1.79	2.28	1.59	1.37	1.63	1.76	1.88
EPS Growth	81.05%	-	-	-30.30%	-13.84%	19.04%	7.70%	7.32%
Forward PE	-	-	-	-	-	19.58	18.18	16.94
No. Analysts	-	-	-	-	-	19	19	17

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

Revenue Forecast

Revenue	2024	2025	2026
High	9.8B	10.4B	10.6B
Avg	9.1B	9.4B	9.6B
Low	8.4B	8.8B	8.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	12.5%	14.2%	12.6%
Avg	4.5%	3.7%	1.6%
Low	-3.0%	-2.8%	-6.5%

EPS Forecast

EPS	2024	2025	2026
High	1.72	1.84	2.01
Avg	1.63	1.76	1.88
Low	1.55	1.66	1.76

EPS Growth

EPS Growth	2024	2025	2026
High	25.7%	12.7%	14.2%
Avg	19.0%	7.7%	7.3%
Low	13.0%	1.6%	0.4%

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.