Dominion Energy, Inc. (D)

Dominion Energy Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Dominion Energy stock have an average target of 51.67, with a low estimate of 48 and a high estimate of 55. The average target predicts an increase of 0.51% from the current stock price of 51.41.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$48	$51.67	$52	$55
Change	-6.63%	+0.51%	+1.15%	+6.98%

Analyst Ratings

The average analyst rating for D stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	2	2	2	1
Buy	2	1	1	1	1	1
Hold	8	9	9	11	11	10
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	14	14	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Thalacker BMO Capital	BMO Capital	Hold Maintains $52 → $51	Hold	Maintains	$52 → $51	-0.80%	Jul 9, 2024
Julien Dumoulin-Smith B of A Securities	B of A Securities	Sell → Hold Upgrades $43 → $54	Sell → Hold	Upgrades	$43 → $54	+5.04%	May 10, 2024
James Thalacker BMO Capital	BMO Capital	Hold Maintains $51 → $52	Hold	Maintains	$51 → $52	+1.15%	May 6, 2024
Sarah Akers Wells Fargo	Wells Fargo	Hold Maintains $51 → $55	Hold	Maintains	$51 → $55	+6.98%	May 3, 2024
Durgesh Chopra Evercore ISI Group	Evercore ISI Group	Hold Maintains $47 → $53	Hold	Maintains	$47 → $53	+3.09%	May 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

16.32B

Increased by 13.36%

from 14.39B

Revenue Next Year

17.59B

Increased by 7.82%

from 16.32B

EPS This Year

2.89

Increased by 26.22%

from 2.29

EPS Next Year

3.50

Increased by 20.95%

from 2.89

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	14.40B	14.17B	11.42B	13.94B	14.39B	16.32B	17.59B	17.55B	18.25B	19.12B
Revenue Growth	28.59%	-1.59%	-19.43%	22.06%	3.26%	13.36%	7.82%	-0.24%	4.01%	4.76%
EPS	1.62	-0.57	4.12	1.49	2.29	2.89	3.50	3.69	3.89	4.11
EPS Growth	-56.68%	-	-	-63.83%	53.69%	26.22%	20.95%	5.45%	5.63%	5.44%
Forward PE	-	-	-	-	-	17.79	14.71	13.95	13.20	12.52
No. Analysts	-	-	-	-	-	21	21	19	6	6

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	18.4B	20.4B	21.2B	19.7B	20.7B
Avg	16.3B	17.6B	17.6B	18.3B	19.1B
Low	14.8B	15.7B	12.3B	16.7B	17.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	28.0%	25.2%	20.8%	12.1%	13.2%
Avg	13.4%	7.8%	-0.2%	4.0%	4.8%
Low	2.7%	-3.6%	-30.1%	-4.8%	-4.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.42	4.24	4.39	4.07	4.31
Avg	2.89	3.50	3.69	3.89	4.11
Low	2.68	3.22	3.36	3.70	3.89

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	49.5%	46.8%	25.5%	10.5%	10.6%
Avg	26.2%	21.0%	5.4%	5.6%	5.4%
Low	16.8%	11.5%	-3.9%	0.5%	-0.1%

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.