CMS Energy Corporation (CMS)
NYSE: CMS · IEX Real-Time Price · USD
60.48
+0.20 (0.33%)
Apr 25, 2024, 4:00 PM EDT - Market closed
CMS Energy Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CMS Energy stock have an average target of 62.33, with a low estimate of 56 and a high estimate of 66. The average target predicts an increase of 3.06% from the current stock price of 60.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CMS Energy stock from 13 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 3 | 2 |
| Buy | 5 | 4 | 5 | 4 | 5 | 5 |
| Hold | 5 | 5 | 6 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 14 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $65 → $66 | Buy | Maintains | $65 → $66 | +9.13% | Apr 19, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $63 → $64 | Buy | Maintains | $63 → $64 | +5.82% | Apr 17, 2024 |
| Barclays | Barclays | Hold Maintains $58 → $57 | Hold | Maintains | $58 → $57 | -5.75% | Apr 15, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $65 | Strong Buy → Hold | Downgrades | $65 | +7.47% | Apr 4, 2024 |
| Barclays | Barclays | Hold Maintains $57 → $58 | Hold | Maintains | $57 → $58 | -4.10% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
8.25B
from 7.46B
Increased by 10.57%
Revenue Next Year
8.49B
from 8.25B
Increased by 2.91%
EPS This Year
3.37
from 3.01
Increased by 11.99%
EPS Next Year
3.64
from 3.37
Increased by 7.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.4B | 9.8B | 10.3B | 10.5B |
| Avg | 8.3B | 8.5B | 8.9B | 9.8B |
| Low | 7.4B | 7.6B | 7.6B | 8.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.9% | 18.7% | 20.8% | 18.5% |
| Avg | 10.6% | 2.9% | 4.6% | 10.7% |
| Low | -0.3% | -7.3% | -10.5% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.53 | 3.85 | 4.17 | 4.47 |
| Avg | 3.37 | 3.64 | 3.91 | 4.21 |
| Low | 3.24 | 3.48 | 3.73 | 3.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.2% | 14.3% | 14.6% | 14.4% |
| Avg | 12.0% | 7.9% | 7.5% | 7.6% |
| Low | 7.5% | 3.2% | 2.6% | 1.5% |
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.