Duke Energy Corporation (DUK)

Duke Energy Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Duke Energy stock have an average target of 122.36, with a low estimate of 113 and a high estimate of 138. The average target predicts an increase of 13.06% from the current stock price of 108.23.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$113	$122.36	$120	$138
Change	+4.41%	+13.06%	+10.87%	+27.51%

Analyst Ratings

The average analyst rating for Duke Energy stock from 12 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	1	1	1	1
Buy	7	7	6	6	6	6
Hold	5	6	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $113 → $120	Hold	Maintains	$113 → $120	+10.87%	Dec 12, 2024
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $122 → $118	Hold	Maintains	$122 → $118	+9.03%	Nov 22, 2024
Sophie Karp Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 22, 2024
Anthony Crowdell Mizuho	Mizuho	Hold → Buy Upgrades $116 → $121	Hold → Buy	Upgrades	$116 → $121	+11.80%	Oct 15, 2024
Nicholas Campanella Barclays	Barclays	Buy Maintains $102 → $118	Buy	Maintains	$102 → $118	+9.03%	Oct 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

30.62B

Increased by 7.05%

from 28.60B

Revenue Next Year

31.70B

Increased by 3.55%

from 30.62B

EPS This Year

5.98

Increased by 69.09%

from 3.54

EPS Next Year

6.40

Increased by 6.99%

from 5.98

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	24.66B	22.95B	24.20B	28.32B	28.60B	30.62B	31.70B	32.62B
Revenue Growth	2.25%	-6.92%	5.45%	17.02%	1.00%	7.05%	3.55%	2.88%
EPS	5.06	1.72	4.94	3.17	3.54	5.98	6.40	6.82
EPS Growth	34.62%	-65.99%	187.22%	-35.80%	11.61%	69.09%	6.99%	6.52%
Forward PE	-	-	-	-	-	18.08	16.90	15.87
No. Analysts	-	-	-	-	-	22	22	20

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	32.4B	34.4B	35.9B
Avg	30.6B	31.7B	32.6B
Low	27.8B	29.0B	29.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.4%	12.5%	13.2%
Avg	7.0%	3.5%	2.9%
Low	-2.7%	-5.3%	-8.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.28	6.69	7.25
Avg	5.98	6.40	6.82
Low	5.72	6.19	6.57

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	77.4%	11.8%	13.2%
Avg	69.1%	7.0%	6.5%
Low	61.7%	3.5%	2.7%

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.