CMS Energy Stock Forecast

Stock Price Forecast

The 13 analysts that cover CMS Energy stock have a consensus rating of "Buy" and an average price target of $77.69, which forecasts a 2.41% increase in the stock price over the next year. The lowest target is $74 and the highest is $82.

Price Target: $77.69 (+2.41%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$74	$77.69	$77	$82
Change	-2.45%	+2.41%	+1.50%	+8.09%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	1	1	1	1
Buy	5	5	5	6	6	6
Hold	7	6	6	6	6	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	12	12	13	13	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Thalacker BMO Capital	BMO Capital	Buy Reiterates $79 → $80	Buy	Reiterates	$79 → $80	+5.46%	Feb 9, 2026
Anthony Crowdell Mizuho	Mizuho	Hold Maintains $73 → $76	Hold	Maintains	$73 → $76	+0.18%	Feb 6, 2026
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $74 → $75	Hold	Maintains	$74 → $75	-1.13%	Feb 2, 2026
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $79 → $81	Strong Buy	Maintains	$79 → $81	+6.78%	Jan 28, 2026
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Maintains $77 → $74	Hold	Maintains	$77 → $74	-2.45%	Jan 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.71B

from 8.54B

1.94%

from 8.54B

Revenue Next Year

9.12B

from 8.71B

4.72%

from 8.71B

EPS This Year

3.89

from 3.53

10.31%

from 3.53

EPS Next Year

4.20

from 3.89

7.90%

from 3.89

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	7.33B	8.60B	7.46B	7.52B	8.54B	8.71B	9.12B
Revenue Growth	14.19%	17.29%	-13.19%	0.71%	13.63%	1.94%	4.72%
EPS	4.66	2.85	3.01	3.33	3.53	3.89	4.20
EPS Growth	76.32%	-38.75%	5.47%	10.63%	6.01%	10.31%	7.90%
Forward PE	-	-	-	-	-	19.48	18.05
No. Analysts	-	-	-	-	-	18	16

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

Revenue Forecast

Revenue	2026	2027
High	9.5B	10.2B
Avg	8.7B	9.1B
Low	7.9B	8.1B

Revenue Growth

Revenue Growth	2026	2027
High	11.7%	17.3%
Avg	1.9%	4.7%
Low	-7.1%	-7.0%

EPS Forecast

EPS	2026	2027
High	4.06	4.41
Avg	3.89	4.20
Low	3.76	4.04

EPS Growth

EPS Growth	2026	2027
High	15.1%	13.2%
Avg	10.3%	7.9%
Low	6.5%	3.7%

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.