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
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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 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 | +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 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.4% | 22.8% | 19.3% | ||
| Avg | 14.4% | 7.0% | 4.9% | ||
| Low | -6.1% | -9.9% | -13.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.