CMS Energy Corporation (CMS)

CMS Energy Stock Forecast

Stock Price Forecast

The 11 analysts that cover CMS Energy stock have a consensus rating of "Buy" and an average price target of $79, which forecasts a 9.28% increase in the stock price over the next year. The lowest target is $74 and the highest is $83.

Price Target: $79 (+9.28%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$74	$79	$79	$83
Change	+2.37%	+9.28%	+9.28%	+14.82%

Analyst Ratings

The average analyst rating for CMS Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	1	1	1	1	1	1
Buy	5	5	5	5	5	5
Hold	6	6	7	7	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Initiates $77	Hold	Initiates	$77	+6.52%	Oct 28, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $71 → $76	Hold	Maintains	$71 → $76	+5.13%	Oct 22, 2025
Nicholas Campanella Barclays	Barclays	Buy Maintains $78 → $82	Buy	Maintains	$78 → $82	+13.43%	Oct 21, 2025
Sophie Karp Keybanc	Keybanc	Buy Maintains $76 → $79	Buy	Maintains	$76 → $79	+9.28%	Oct 15, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $73 → $71	Hold	Maintains	$73 → $71	-1.78%	Sep 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.18B

Increased by 8.85%

from 7.52B

Revenue Next Year

8.51B

Increased by 4.03%

from 8.18B

EPS This Year

3.62

Increased by 8.82%

from 3.33

EPS Next Year

3.89

Increased by 7.40%

from 3.62

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.42B	7.33B	8.60B	7.46B	7.52B	8.18B	8.51B
Revenue Growth	-3.11%	14.19%	17.29%	-13.19%	0.71%	8.85%	4.03%
EPS	2.64	4.66	2.85	3.01	3.33	3.62	3.89
EPS Growth	10.46%	76.32%	-38.75%	5.53%	10.57%	8.82%	7.40%
Forward PE	-	-	-	-	-	19.95	18.57
No. Analysts	-	-	-	-	-	16	16

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	9.4B	9.6B
Avg	8.2B	8.5B
Low	7.6B	7.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	25.7%	17.9%
Avg	8.8%	4.0%
Low	0.6%	-6.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.78	4.10
Avg	3.62	3.89
Low	3.48	3.73

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	13.5%	13.0%
Avg	8.8%	7.4%
Low	4.5%	3.0%

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.