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
Target Low Average Median High
Price $28 $30.31 $30 $37
Change -13.87% -6.77% -7.72% +13.81%

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 '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111112
Buy 410000
Hold 4810101010
Sell 222222
Strong Sell 000000
Total 111213131314

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Upgrades
$31$37
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
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
7.56B7.42B8.35B9.32B8.70B9.00B9.31B9.53B
Revenue Growth
20.50%-1.93%12.59%11.60%-6.71%3.52%3.39%2.42%
EPS
1.34-1.792.281.591.371.631.751.88
EPS Growth
81.05%---30.30%-13.84%19.04%7.58%7.29%
Forward PE
-----19.9318.5317.27
No. Analysts -----191917
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
12.5%
15.3%
13.9%
Avg
3.5%
3.4%
2.4%
Low
-3.0%
-3.8%
-5.4%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.