DTE Energy Company (DTE)
NYSE: DTE · Real-Time Price · USD
120.18
+2.07 (1.75%)
Dec 20, 2024, 4:00 PM EST - Market closed
DTE Energy Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for DTE Energy Company stock have an average target of 131.38, with a low estimate of 111 and a high estimate of 147. The average target predicts an increase of 9.32% from the current stock price of 120.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DTE stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 2 | 1 | 1 | 2 |
| Buy | 7 | 7 | 9 | 9 | 9 | 7 |
| Hold | 5 | 5 | 5 | 6 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 15 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $137 → $147 | Buy | Maintains | $137 → $147 | +22.32% | Dec 12, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Dec 4, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $129 → $143 | Hold → Strong Buy | Upgrades | $129 → $143 | +18.99% | Dec 3, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $131 → $128 | Buy | Maintains | $131 → $128 | +6.51% | Nov 22, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $133 → $145 | Buy | Maintains | $133 → $145 | +20.65% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
12.91B
from 12.75B
Increased by 1.31%
Revenue Next Year
13.19B
from 12.91B
Increased by 2.12%
EPS This Year
6.80
from 6.76
Increased by 0.66%
EPS Next Year
7.28
from 6.80
Increased by 6.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4B | 15.1B | 15.9B | ||
| Avg | 12.9B | 13.2B | 13.7B | ||
| Low | 11.2B | 10.7B | 10.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.8% | 17.1% | 20.5% | ||
| Avg | 1.3% | 2.1% | 3.9% | ||
| Low | -11.7% | -17.2% | -19.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.19 | 7.82 | 8.47 | ||
| Avg | 6.80 | 7.28 | 7.84 | ||
| Low | 6.52 | 7.01 | 7.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3% | 14.9% | 16.4% | ||
| Avg | 0.7% | 7.0% | 7.8% | ||
| Low | -3.6% | 3.0% | 3.0% |
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.