Duke Energy Corporation (DUK)
NYSE: DUK · Real-Time Price · USD
114.70
-0.16 (-0.14%)
Nov 22, 2024, 4:00 PM EST - Market closed
Duke Energy Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Duke Energy stock have an average target of 121.73, with a low estimate of 113 and a high estimate of 138. The average target predicts an increase of 6.13% from the current stock price of 114.70.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 7 | 7 | 7 | 6 | 6 | 6 |
| Hold | 5 | 5 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $122 → $118 | Hold | Maintains | $122 → $118 | +2.88% | Nov 22, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 22, 2024 |
| Mizuho | Mizuho | Hold → Buy Upgrades $116 → $121 | Hold → Buy | Upgrades | $116 → $121 | +5.49% | Oct 15, 2024 |
| Barclays | Barclays | Buy Maintains $102 → $118 | Buy | Maintains | $102 → $118 | +2.88% | Oct 1, 2024 |
| Keybanc | Keybanc | Buy Maintains $121 → $125 | Buy | Maintains | $121 → $125 | +8.98% | Sep 30, 2024 |
Financial Forecast
Revenue This Year
30.40B
from 28.60B
Increased by 6.29%
Revenue Next Year
31.65B
from 30.40B
Increased by 4.09%
EPS This Year
6.04
from 3.54
Increased by 70.65%
EPS Next Year
6.41
from 6.04
Increased by 6.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.6B | 34.6B | 36.1B | ||
| Avg | 30.4B | 31.6B | 32.7B | ||
| Low | 27.6B | 29.1B | 29.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.1% | 13.7% | 14.0% | ||
| Avg | 6.3% | 4.1% | 3.2% | ||
| Low | -3.3% | -4.4% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.33 | 6.79 | 7.25 | ||
| Avg | 6.04 | 6.41 | 6.82 | ||
| Low | 5.77 | 6.16 | 6.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 78.9% | 12.5% | 13.0% | ||
| Avg | 70.6% | 6.1% | 6.4% | ||
| Low | 63.0% | 2.0% | 2.6% |
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.