Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
16.38
-0.02 (-0.12%)
At close: Oct 29, 2024, 4:00 PM
16.42
+0.04 (0.24%)
After-hours: Oct 29, 2024, 6:42 PM EDT

Energy Transfer LP Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 20, with a low estimate of 18 and a high estimate of 23. The average target predicts an increase of 22.10% from the current stock price of 16.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $20 $20 $23
Change +9.89% +22.10% +22.10% +40.42%

Analyst Ratings

The average analyst rating for ET stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 444445
Buy 333333
Hold 111110
Sell 000000
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Strong Buy
Initiates
$20
Strong Buy Initiates $20 +22.10% Oct 17, 2024
RBC Capital
RBC Capital
Buy
Maintains
$19$20
Buy Maintains $19$20 +22.10% Oct 16, 2024
UBS
UBS
Strong Buy
Maintains
$22$23
Strong Buy Maintains $22$23 +40.42% Sep 18, 2024
JP Morgan
JP Morgan
Buy
Maintains
$19$20
Buy Maintains $19$20 +22.10% Jun 20, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$19$20
Strong Buy Maintains $19$20 +22.10% Jun 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
89.93B
from 78.59B
Increased by 14.43%
Revenue Next Year
96.20B
from 89.93B
Increased by 6.98%
EPS This Year
1.42
from 1.09
Increased by 30.00%
EPS Next Year
1.60
from 1.42
Increased by 12.95%
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
54.21B38.95B67.42B89.88B78.59B89.93B96.20B100.93B
Revenue Growth
0.23%-28.15%73.07%33.31%-12.56%14.43%6.98%4.92%
EPS
1.33-0.241.891.401.091.421.601.67
EPS Growth
11.48%---26.05%-21.89%30.00%12.95%4.06%
Forward PE
-----11.5410.229.82
No. Analysts -----161612
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 97.0B 110.4B 114.8B
Avg 89.9B 96.2B 100.9B
Low 73.8B 81.0B 83.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
23.4%
22.8%
19.3%
Avg
14.4%
7.0%
4.9%
Low
-6.1%
-9.9%
-13.1%

EPS Forecast

EPS 20242025202620272028
High 1.71 2.10 2.12
Avg 1.42 1.60 1.67
Low 1.08 1.15 1.21

EPS Growth

EPS Growth 20242025202620272028
High
56.8%
48.0%
32.3%
Avg
30.0%
13.0%
4.1%
Low
-1.3%
-19.2%
-24.8%
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.