CMS Energy Corporation (CMS)
NYSE: CMS · Real-Time Price · USD
75.33
+1.53 (2.07%)
At close: Jun 23, 2026, 4:00 PM EDT
74.61
-0.72 (-0.96%)
After-hours: Jun 23, 2026, 7:43 PM EDT

CMS Energy Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, CMS Energy stock has a consensus rating of "Buy" and an average price target of $79.79. The average 1-year stock price forecast is 5.92% higher than the current stock price, while the lowest is $66 (-12.39%) and the highest is $88 (+16.82%).

Price Target: $79.79 (+5.92%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$66$79.79$80.5$88
Change-12.39%+5.92%+6.86%+16.82%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy555665
Buy333333
Hold777667
Sell111111
Strong Sell000000
Total161616161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
KeyBanc
KeyBanc
Buy
Reiterates
$83
BuyReiterates$83+10.18%Jun 8, 2026
Argus Research
Argus Research
Buy
Maintains
$80
BuyMaintains$80+6.20%Jun 5, 2026
BMO Capital
BMO Capital
Buy
Maintains
$82$81
BuyMaintains$82$81+7.53%Jun 4, 2026
Jefferies
Jefferies
Hold
Downgrades
$88$74
HoldDowngrades$88$74-1.77%Jun 4, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$88
BuyMaintains$88+16.82%Jun 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.92B
from 8.54B
Increased by 4.48%
Revenue Next Year
9.30B
from 8.92B
Increased by 4.24%
EPS This Year
3.88
from 3.61
Increased by 7.58%
EPS Next Year
4.17
from 3.88
Increased by 7.43%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
7.33B8.60B7.46B7.52B8.54B8.92B
Revenue Growth
14.19%17.29%-13.19%0.71%13.63%4.48%
Net Income
1.35B837.00M887.00M1.00B1.07B1.19B
EPS
----3.613.88
EPS Growth
----8.08%7.58%
Forward PE
24.6621.4016.5919.3119.2119.40
Dividend / Share
1.741.841.952.062.172.28
Dividend Growth
-5.75%5.98%5.64%5.34%5.25%
Free Cash Flow
-895.00M-1.71B-917.38M-804.75M-1.74B-915.00M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High9.2B
Avg8.9B
Low8.5B

Revenue Growth

Revenue Growth202620272028
High
8.3%
Avg
4.5%
Low
-1.0%

EPS Forecast

EPS202620272028
High3.95
Avg3.88
Low3.85

EPS Growth

EPS Growth202620272028
High
9.4%
Avg
7.6%
Low
6.6%