DTE Energy Company (DTE)
NYSE: DTE · Real-Time Price · USD
125.04
+1.06 (0.86%)
Nov 22, 2024, 12:48 PM EST - Market open
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 129.21, with a low estimate of 111 and a high estimate of 145. The average target predicts an increase of 3.33% from the current stock price of 125.04.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 2 | 1 | 1 |
| Buy | 6 | 7 | 7 | 9 | 9 | 9 |
| Hold | 5 | 5 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $131 → $128 | Buy | Maintains | $131 → $128 | +2.37% | Nov 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $133 → $145 | Buy | Maintains | $133 → $145 | +15.96% | Oct 25, 2024 |
| Keybanc | Keybanc | Buy Maintains $136 → $138 | Buy | Maintains | $136 → $138 | +10.36% | Oct 22, 2024 |
| Jefferies | Jefferies | Hold Initiates $137 | Hold | Initiates | $137 | +9.56% | Oct 21, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $135 → $140 | Hold | Maintains | $135 → $140 | +11.96% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
12.79B
from 12.75B
Increased by 0.37%
Revenue Next Year
12.99B
from 12.79B
Increased by 1.51%
EPS This Year
6.82
from 6.76
Increased by 0.88%
EPS Next Year
7.29
from 6.82
Increased by 6.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4B | 15.1B | 15.9B | ||
| Avg | 12.8B | 13.0B | 13.4B | ||
| Low | 11.2B | 10.7B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 18.2% | 22.4% | ||
| Avg | 0.4% | 1.5% | 3.5% | ||
| Low | -11.7% | -16.4% | -18.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.19 | 7.82 | 8.47 | ||
| Avg | 6.82 | 7.29 | 7.86 | ||
| Low | 6.52 | 7.02 | 7.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3% | 14.6% | 16.2% | ||
| Avg | 0.9% | 6.9% | 7.9% | ||
| Low | -3.6% | 2.9% | 3.5% |
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.