Duke Energy Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Duke Energy stock have an average target of 121.64, with a low estimate of 113 and a high estimate of 135. The average target predicts an increase of 5.27% from the current stock price of 115.55.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$113	$121.64	$120	$135
Change	-2.21%	+5.27%	+3.85%	+16.83%

Analyst Ratings

The average analyst rating for Duke Energy 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	1	1	1	1	1	1
Buy	6	6	6	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	12	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $129 → $132	Strong Buy	Maintains	$129 → $132	+14.24%	Feb 21, 2025
James Thalacker BMO Capital	BMO Capital	Buy Maintains $119 → $124	Buy	Maintains	$119 → $124	+7.31%	Feb 3, 2025
Andrew Weisel Scotiabank	Scotiabank	Hold Maintains $113 → $120	Hold	Maintains	$113 → $120	+3.85%	Dec 12, 2024
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $122 → $118	Hold	Maintains	$122 → $118	+2.12%	Nov 22, 2024
Sophie Karp Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 22, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

31.77B

from 30.36B

4.64%

from 30.36B

Revenue Next Year

32.78B

from 31.77B

3.20%

from 31.77B

EPS This Year

6.39

from 5.70

12.04%

from 5.70

EPS Next Year

6.81

from 6.39

6.52%

from 6.39

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	22.95B	24.20B	28.32B	28.60B	30.36B	31.77B	32.78B	33.68B
Revenue Growth	-6.92%	5.45%	17.02%	1.00%	6.14%	4.64%	3.20%	2.75%
EPS	1.72	4.94	3.17	3.54	5.70	6.39	6.81	7.29
EPS Growth	-65.99%	187.22%	-35.80%	11.61%	61.10%	12.04%	6.52%	7.07%
Forward PE	-	-	-	-	-	18.09	16.98	15.86
No. Analysts	-	-	-	-	-	21	19	15

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

Revenue Forecast

Revenue	2025	2026	2027
High	34.5B	35.9B	38.1B
Avg	31.8B	32.8B	33.7B
Low	29.1B	29.3B	29.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.6%	13.1%	16.1%
Avg	4.6%	3.2%	2.7%
Low	-4.1%	-7.8%	-11.4%

EPS Forecast

EPS	2025	2026	2027
High	6.69	7.21	8.07
Avg	6.39	6.81	7.29
Low	6.15	6.55	6.98

EPS Growth

EPS Growth	2025	2026	2027
High	17.3%	12.9%	18.7%
Avg	12.0%	6.5%	7.1%
Low	7.9%	2.5%	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.