Duke Energy Corporation (DUK)

Duke Energy Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Duke Energy stock have an average target of 123.93, with a low estimate of 113 and a high estimate of 135. The average target predicts an increase of 3.79% from the current stock price of 119.41.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$113	$123.93	$122	$135
Change	-5.37%	+3.79%	+2.17%	+13.06%

Analyst Ratings

The average analyst rating for Duke Energy stock from 15 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	2
Buy	6	6	6	6	6	6
Hold	5	5	5	5	5	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	12	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ross Fowler UBS	UBS	Hold Maintains $123 → $127	Hold	Maintains	$123 → $127	+6.36%	Mar 21, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $123 → $128	Hold	Maintains	$123 → $128	+7.19%	Mar 20, 2025
James Thalacker BMO Capital	BMO Capital	Buy Maintains $123 → $128	Buy	Maintains	$123 → $128	+7.19%	Mar 11, 2025
Jeremy Tonet JP Morgan	JP Morgan	Hold Maintains $114 → $121	Hold	Maintains	$114 → $121	+1.33%	Mar 11, 2025
Shahriar Pourreza Guggenheim	Guggenheim	Strong Buy Maintains $132 → $135	Strong Buy	Maintains	$132 → $135	+13.06%	Mar 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

31.76B

Increased by 6.11%

from 29.93B

Revenue Next Year

32.79B

Increased by 3.24%

from 31.76B

EPS This Year

6.37

Increased by 11.79%

from 5.70

EPS Next Year

6.77

Increased by 6.27%

from 6.37

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	29.93B	31.76B	32.79B	33.96B
Revenue Growth	-6.92%	5.45%	17.02%	1.00%	4.66%	6.11%	3.24%	3.57%
EPS	1.72	4.94	3.17	3.55	5.70	6.37	6.77	7.23
EPS Growth	-65.99%	187.22%	-35.75%	11.76%	60.74%	11.79%	6.27%	6.66%
Forward PE	-	-	-	-	-	18.73	17.63	16.53
No. Analysts	-	-	-	-	-	22	21	18

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	33.9B	35.8B	38.1B
Avg	31.8B	32.8B	34.0B
Low	29.1B	29.3B	29.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.4%	12.6%	16.1%
Avg	6.1%	3.2%	3.6%
Low	-2.8%	-7.8%	-11.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	6.69	7.12	7.63
Avg	6.37	6.77	7.23
Low	6.11	6.49	6.92

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	17.3%	11.7%	12.7%
Avg	11.8%	6.3%	6.7%
Low	7.1%	1.8%	2.1%

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.