CMS Energy Corporation (CMS)

CMS Energy Stock Forecast

Stock Price Forecast

The 12 analysts that cover CMS Energy stock have a consensus rating of "Buy" and an average price target of $78.83, which forecasts a 12.01% increase in the stock price over the next year. The lowest target is $74 and the highest is $83.

Price Target: $78.83 (+12.01%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$74	$78.83	$79	$83
Change	+5.14%	+12.01%	+12.25%	+17.93%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ross Fowler UBS	UBS	Hold Maintains $81 → $77	Hold	Maintains	$81 → $77	+9.41%	Dec 17, 2025
Jeremy Tonet JP Morgan	JP Morgan	Buy Maintains $85 → $80	Buy	Maintains	$85 → $80	+13.67%	Dec 11, 2025
Shahriar Pourreza Wells Fargo	Wells Fargo	Hold Initiates $77	Hold	Initiates	$77	+9.41%	Oct 28, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $71 → $76	Hold	Maintains	$71 → $76	+7.99%	Oct 22, 2025
Nicholas Campanella Barclays	Barclays	Buy Maintains $78 → $82	Buy	Maintains	$78 → $82	+16.51%	Oct 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.17B

Increased by 8.76%

from 7.52B

Revenue Next Year

8.50B

Increased by 3.99%

from 8.17B

EPS This Year

3.63

Increased by 8.92%

from 3.33

EPS Next Year

3.89

Increased by 7.33%

from 3.63

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	8.17B	8.50B
Revenue Growth	-3.11%	14.19%	17.29%	-13.19%	0.71%	8.76%	3.99%
EPS	2.64	4.66	2.85	3.01	3.33	3.63	3.89
EPS Growth	10.46%	76.32%	-38.75%	5.53%	10.57%	8.92%	7.33%
Forward PE	-	-	-	-	-	19.40	18.08
No. Analysts	-	-	-	-	-	17	17

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	8.9B	9.5B
Avg	8.2B	8.5B
Low	7.6B	7.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	18.3%	16.8%
Avg	8.8%	4.0%
Low	0.6%	-6.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	3.78	4.07
Avg	3.63	3.89
Low	3.50	3.76

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	13.5%	12.3%
Avg	8.9%	7.3%
Low	5.1%	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.