DTE Energy Company (DTE)
NYSE: DTE · Real-Time Price · USD
128.90
+0.46 (0.36%)
Oct 18, 2024, 4:00 PM EDT - Market closed
DTE Energy Company Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for DTE Energy Company stock have an average target of 128.14, with a low estimate of 111 and a high estimate of 140. The average target predicts a decrease of -0.59% from the current stock price of 128.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DTE stock from 16 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 3 | 2 | 2 |
| Buy | 6 | 6 | 7 | 7 | 9 | 9 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 13 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $135 → $140 | Hold | Maintains | $135 → $140 | +8.61% | Oct 18, 2024 |
| Barclays | Barclays | Buy Maintains $128 → $137 | Buy | Maintains | $128 → $137 | +6.28% | Oct 8, 2024 |
| Barclays | Barclays | Buy Maintains $128 → $137 | Buy | Maintains | $128 → $137 | +6.28% | Oct 7, 2024 |
| Keybanc | Keybanc | Buy Maintains $130 → $136 | Buy | Maintains | $130 → $136 | +5.51% | Sep 30, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $121 → $128 | Buy | Maintains | $121 → $128 | -0.70% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
13.01B
from 12.75B
Increased by 2.08%
Revenue Next Year
13.23B
from 13.01B
Increased by 1.72%
EPS This Year
6.76
from 6.76
Decreased by -0.01%
EPS Next Year
7.26
from 6.76
Increased by 7.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6B | 15.6B | 16.3B | ||
| Avg | 13.0B | 13.2B | 13.8B | ||
| Low | 10.9B | 10.5B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.8% | 19.8% | 23.2% | ||
| Avg | 2.1% | 1.7% | 4.2% | ||
| Low | -14.3% | -19.5% | -20.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.09 | 7.59 | 8.24 | ||
| Avg | 6.76 | 7.26 | 7.83 | ||
| Low | 6.52 | 7.00 | 7.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.8% | 12.3% | 13.5% | ||
| Avg | -0.0% | 7.4% | 7.8% | ||
| Low | -3.6% | 3.5% | 3.8% |
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.