Energy Transfer LP (ET)
NYSE: ET · IEX Real-Time Price · USD
16.44
+0.09 (0.55%)
At close: Jul 19, 2024, 4:00 PM
16.48
+0.04 (0.24%)
Pre-market: Jul 22, 2024, 4:23 AM EDT
Energy Transfer LP Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 19.29, with a low estimate of 14 and a high estimate of 24. The average target predicts an increase of 17.34% from the current stock price of 16.44.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 20, 2024.
Analyst Ratings
The average analyst rating for ET stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +21.65% | Jun 20, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +21.65% | Jun 18, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +21.65% | Jun 10, 2024 |
| UBS | UBS | Strong Buy Maintains $23 → $24 | Strong Buy | Maintains | $23 → $24 | +45.99% | May 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $18 → $19 | Strong Buy | Maintains | $18 → $19 | +15.57% | May 9, 2024 |
Financial Forecast
Revenue This Year
92.59B
from 78.59B
Increased by 17.82%
Revenue Next Year
95.96B
from 92.59B
Increased by 3.63%
EPS This Year
1.49
from 1.09
Increased by 37.09%
EPS Next Year
1.67
from 1.49
Increased by 11.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 103.5B | 111.3B | 116.6B | 92.1B | 94.7B |
| Avg | 92.6B | 96.0B | 100.7B | 90.3B | 92.9B |
| Low | 74.9B | 78.4B | 83.6B | 85.9B | 88.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.7% | 20.2% | 21.5% | -8.5% | 4.9% |
| Avg | 17.8% | 3.6% | 4.9% | -10.3% | 2.9% |
| Low | -4.7% | -15.4% | -12.9% | -14.6% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.79 | 2.11 | 2.22 | 2.45 | 2.71 |
| Avg | 1.49 | 1.67 | 1.78 | 2.40 | 2.66 |
| Low | 1.20 | 1.33 | 1.40 | 2.28 | 2.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 63.8% | 41.2% | 32.5% | 37.2% | 12.9% |
| Avg | 37.1% | 11.9% | 6.7% | 34.6% | 10.7% |
| Low | 9.7% | -10.8% | -16.2% | 28.1% | 5.4% |
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.