DTE Energy Company (DTE)
NYSE: DTE · IEX Real-Time Price · USD
106.48
+1.21 (1.15%)
Apr 18, 2024, 4:00 PM EDT - Market closed
DTE Energy Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for DTE Energy Company stock have an average target of 115.63, with a low estimate of 109 and a high estimate of 124. The average target predicts an increase of 8.59% from the current stock price of 106.48.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DTE stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 6 | 7 | 6 | 5 | 4 | 4 |
| Hold | 2 | 2 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $111 → $113 | Hold | Maintains | $111 → $113 | +6.12% | Apr 17, 2024 |
| Barclays | Barclays | Buy Maintains $112 → $115 | Buy | Maintains | $112 → $115 | +8.00% | Apr 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $108 → $109 | Buy | Maintains | $108 → $109 | +2.37% | Mar 21, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $118 → $120 | Hold | Maintains | $118 → $120 | +12.70% | Mar 13, 2024 |
| Barclays | Barclays | Buy Maintains $113 → $112 | Buy | Maintains | $113 → $112 | +5.18% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
14.47B
from 12.75B
Increased by 13.50%
Revenue Next Year
14.41B
from 14.47B
Decreased by -0.38%
EPS This Year
6.75
from 6.76
Decreased by -0.15%
EPS Next Year
7.25
from 6.75
Increased by 7.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.3B | 21.3B | 22.2B | 22.9B |
| Avg | 14.5B | 14.4B | 14.6B | 17.8B |
| Low | 9.7B | 10.2B | 10.5B | 12.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 74.8% | 46.9% | 54.1% | 56.4% |
| Avg | 13.5% | -0.4% | 1.6% | 21.3% |
| Low | -23.9% | -29.3% | -27.1% | -14.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.05 | 7.65 | 8.61 | 9.10 |
| Avg | 6.75 | 7.25 | 7.84 | 8.45 |
| Low | 6.44 | 6.89 | 7.39 | 8.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.3% | 13.4% | 18.6% | 16.0% |
| Avg | -0.2% | 7.5% | 8.1% | 7.8% |
| Low | -4.8% | 2.1% | 1.9% | 2.4% |
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.