CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
66.61
+0.85 (1.29%)
Dec 20, 2024, 4:00 PM EST - Market closed

CMS Energy Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for CMS Energy stock have an average target of 69.21, with a low estimate of 57 and a high estimate of 77. The average target predicts an increase of 3.90% from the current stock price of 66.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $57 $69.21 $68 $77
Change -14.43% +3.90% +2.09% +15.60%

Analyst Ratings

The average analyst rating for CMS Energy stock from 15 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 122222
Buy 677777
Hold 555666
Sell 000000
Strong Sell 000000
Total 121414151515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$75$77
Buy Maintains $75$77 +15.60% Dec 12, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$69$67
Hold Maintains $69$67 +0.59% Nov 22, 2024
Jefferies
Jefferies
Strong Buy
Initiates
$76
Strong Buy Initiates $76 +14.10% Nov 5, 2024
BMO Capital
BMO Capital
Buy
Maintains
$77$76
Buy Maintains $77$76 +14.10% Nov 1, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$70$77
Buy Maintains $70$77 +15.60% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
7.94B
from 7.46B
Increased by 6.39%
Revenue Next Year
8.21B
from 7.94B
Increased by 3.36%
EPS This Year
3.37
from 3.01
Increased by 11.78%
EPS Next Year
3.62
from 3.37
Increased by 7.49%
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
6.62B6.42B7.33B8.60B7.46B7.94B8.21B8.47B
Revenue Growth
-3.62%-3.11%14.19%17.29%-13.19%6.39%3.36%3.18%
EPS
2.392.644.662.853.013.373.623.89
EPS Growth
3.12%10.46%76.32%-38.75%5.53%11.78%7.49%7.55%
Forward PE
-----19.7918.4117.11
No. Analysts -----212119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 9.3B 9.4B 9.7B
Avg 7.9B 8.2B 8.5B
Low 7.3B 7.5B 7.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
24.3%
19.0%
17.7%
Avg
6.4%
3.4%
3.2%
Low
-2.0%
-5.8%
-7.1%

EPS Forecast

EPS 20242025202620272028
High 3.52 3.80 4.10
Avg 3.37 3.62 3.89
Low 3.24 3.42 3.66

EPS Growth

EPS Growth 20242025202620272028
High
16.8%
12.9%
13.2%
Avg
11.8%
7.5%
7.6%
Low
7.7%
1.6%
1.0%
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.