DTE Energy Company (DTE)
NYSE: DTE · IEX Real-Time Price · USD
109.40
+0.28 (0.26%)
Jul 2, 2024, 4:00 PM EDT - Market closed
DTE Energy Company Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for DTE Energy Company stock have an average target of 116.67, with a low estimate of 111 and a high estimate of 125. The average target predicts an increase of 6.65% from the current stock price of 109.40.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DTE stock from 12 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 6 | 5 | 4 | 6 | 6 | 6 |
| Hold | 5 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 11 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $116 → $111 | Buy | Maintains | $116 → $111 | +1.46% | Jun 24, 2024 |
| Keybanc | Keybanc | Buy Maintains $117 → $125 | Buy | Maintains | $117 → $125 | +14.26% | May 20, 2024 |
| Barclays | Barclays | Buy Maintains $115 → $119 | Buy | Maintains | $115 → $119 | +8.78% | Apr 30, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $129 → $120 | Buy | Maintains | $129 → $120 | +9.69% | Apr 22, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $111 → $113 | Hold | Maintains | $111 → $113 | +3.29% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
12.87B
from 12.75B
Increased by 1.00%
Revenue Next Year
13.25B
from 12.87B
Increased by 2.95%
EPS This Year
6.75
from 6.76
Decreased by -0.17%
EPS Next Year
7.26
from 6.75
Increased by 7.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.1B | 15.5B | 16.1B | 16.7B | 17.4B |
| Avg | 12.9B | 13.3B | 13.7B | 14.5B | 15.1B |
| Low | 10.4B | 10.5B | 10.6B | 12.4B | 13.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.2% | 20.6% | 21.3% | 21.5% | 19.6% |
| Avg | 1.0% | 3.0% | 3.5% | 5.8% | 3.7% |
| Low | -18.8% | -18.7% | -19.9% | -9.3% | -10.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.05 | 7.67 | 8.24 | 8.76 | 9.43 |
| Avg | 6.75 | 7.26 | 7.82 | 8.37 | 8.94 |
| Low | 6.52 | 6.99 | 7.53 | 8.08 | 8.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.2% | 13.6% | 13.6% | 11.9% | 12.6% |
| Avg | -0.2% | 7.5% | 7.8% | 7.1% | 6.8% |
| Low | -3.6% | 3.5% | 3.7% | 3.3% | 2.5% |
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.