CenterPoint Energy, Inc. (CNP)
NYSE: CNP · Real-Time Price · USD
32.51
+0.52 (1.63%)
Dec 3, 2024, 1:59 PM EST - Market open
CenterPoint Energy Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for CenterPoint Energy stock have an average target of 30.31, with a low estimate of 28 and a high estimate of 37. The average target predicts a decrease of -6.77% from the current stock price of 32.51.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CNP stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
Buy | 4 | 1 | 0 | 0 | 0 | 0 |
Hold | 4 | 8 | 10 | 10 | 10 | 10 |
Sell | 2 | 2 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 11 | 12 | 13 | 13 | 13 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Hold → Strong Buy Upgrades $31 → $37 | Hold → Strong Buy | Upgrades | $31 → $37 | +13.81% | Dec 3, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $32 → $31 | Hold | Maintains | $32 → $31 | -4.64% | Nov 22, 2024 |
Scotiabank | Scotiabank | Hold Maintains $28 → $30 | Hold | Maintains | $28 → $30 | -7.72% | Oct 29, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $28 → $32 | Hold | Maintains | $28 → $32 | -1.57% | Oct 16, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $30 → $32 | Hold | Maintains | $30 → $32 | -1.57% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
9.00B
from 8.70B
Increased by 3.52%
Revenue Next Year
9.31B
from 9.00B
Increased by 3.39%
EPS This Year
1.63
from 1.37
Increased by 19.04%
EPS Next Year
1.75
from 1.63
Increased by 7.58%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.8B | 10.4B | 10.6B | ||
Avg | 9.0B | 9.3B | 9.5B | ||
Low | 8.4B | 8.7B | 8.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 12.5% | 15.3% | 13.9% | ||
Avg | 3.5% | 3.4% | 2.4% | ||
Low | -3.0% | -3.8% | -5.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.72 | 1.84 | 2.01 | ||
Avg | 1.63 | 1.75 | 1.88 | ||
Low | 1.55 | 1.66 | 1.76 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 25.7% | 12.7% | 14.3% | ||
Avg | 19.0% | 7.6% | 7.3% | ||
Low | 13.0% | 1.6% | 0.5% |
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.