Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
19.07
+0.10 (0.53%)
At close: Nov 22, 2024, 4:00 PM
19.10
+0.03 (0.18%)
After-hours: Nov 22, 2024, 6:57 PM EST
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 4.88% from the current stock price of 19.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 17, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
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 | +4.88% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +4.88% | Oct 16, 2024 |
| UBS | UBS | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +20.61% | Sep 18, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +4.88% | Jun 20, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +4.88% | Jun 18, 2024 |
Financial Forecast
Revenue This Year
88.17B
from 78.59B
Increased by 12.20%
Revenue Next Year
93.40B
from 88.17B
Increased by 5.93%
EPS This Year
1.42
from 1.09
Increased by 30.36%
EPS Next Year
1.61
from 1.42
Increased by 13.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 96.3B | 111.8B | 116.2B | ||
| Avg | 88.2B | 93.4B | 97.1B | ||
| Low | 71.0B | 74.3B | 77.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.6% | 26.8% | 24.5% | ||
| Avg | 12.2% | 5.9% | 4.0% | ||
| Low | -9.7% | -15.8% | -16.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.70 | 2.11 | 2.14 | ||
| Avg | 1.42 | 1.61 | 1.71 | ||
| Low | 1.07 | 1.15 | 1.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.8% | 48.3% | 32.7% | ||
| Avg | 30.4% | 13.4% | 6.1% | ||
| Low | -1.6% | -19.4% | -25.3% |
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.