Duke Energy Corporation (DUK)
NYSE: DUK · Real-Time Price · USD
114.86
+1.12 (0.98%)
Nov 21, 2024, 4:00 PM EST - Market closed

Duke Energy Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Duke Energy stock have an average target of 121.91, with a low estimate of 113 and a high estimate of 138. The average target predicts an increase of 6.14% from the current stock price of 114.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $113 $121.91 $120 $138
Change -1.62% +6.14% +4.48% +20.15%
* Price targets were last updated on Oct 15, 2024.

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000111
Buy 777666
Hold 556555
Sell 000000
Strong Sell 000000
Total 121213121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 22, 2024
Mizuho
Mizuho
Buy
Upgrades
$116$121
Buy Upgrades $116$121 +5.35% Oct 15, 2024
Barclays
Barclays
Buy
Maintains
$102$118
Buy Maintains $102$118 +2.73% Oct 1, 2024
Keybanc
Keybanc
Buy
Maintains
$121$125
Buy Maintains $121$125 +8.83% Sep 30, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$114$120
Hold Maintains $114$120 +4.48% Sep 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
30.40B
from 28.60B
Increased by 6.29%
Revenue Next Year
31.65B
from 30.40B
Increased by 4.09%
EPS This Year
6.04
from 3.54
Increased by 70.65%
EPS Next Year
6.41
from 6.04
Increased by 6.15%
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
24.66B22.95B24.20B28.32B28.60B30.40B31.65B32.66B
Revenue Growth
2.25%-6.92%5.45%17.02%1.00%6.29%4.09%3.21%
EPS
5.061.724.943.173.546.046.416.82
EPS Growth
34.62%-65.99%187.22%-35.80%11.61%70.65%6.15%6.42%
Forward PE
-----19.0217.9116.83
No. Analysts -----222220
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 32.6B 34.6B 36.1B
Avg 30.4B 31.6B 32.7B
Low 27.6B 29.1B 29.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
14.1%
13.7%
14.0%
Avg
6.3%
4.1%
3.2%
Low
-3.3%
-4.4%
-8.0%

EPS Forecast

EPS 20242025202620272028
High 6.33 6.79 7.25
Avg 6.04 6.41 6.82
Low 5.77 6.16 6.58

EPS Growth

EPS Growth 20242025202620272028
High
78.9%
12.5%
13.0%
Avg
70.6%
6.1%
6.4%
Low
63.0%
2.0%
2.6%
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.