Energy Transfer LP (ET)

Energy Transfer LP Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 20.92, with a low estimate of 18 and a high estimate of 25. The average target predicts an increase of 2.70% from the current stock price of 20.37.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$18	$20.92	$20	$25
Change	-11.63%	+2.70%	-1.82%	+22.73%

Analyst Ratings

The average analyst rating for Energy Transfer LP stock from 12 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	4	4	5	5	5	5
Buy	3	3	3	3	5	6
Hold	1	1	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Theresa Chen Barclays	Barclays	Buy Maintains $22 → $25	Buy	Maintains	$22 → $25	+22.73%	Jan 13, 2025
Marc Solecitto Barclays	Barclays	Buy Maintains $18 → $22	Buy	Maintains	$18 → $22	+8.00%	Dec 20, 2024
John Mackay Goldman Sachs	Goldman Sachs	Hold Maintains $17 → $20	Hold	Maintains	$17 → $20	-1.82%	Dec 19, 2024
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $20 → $21	Buy	Maintains	$20 → $21	+3.09%	Dec 18, 2024
Elvira Scotto RBC Capital	RBC Capital	Buy Maintains $20 → $23	Buy	Maintains	$20 → $23	+12.91%	Dec 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

86.46B

Increased by 10.02%

from 78.59B

Revenue Next Year

92.66B

Increased by 7.17%

from 86.46B

EPS This Year

1.45

Increased by 33.16%

from 1.09

EPS Next Year

1.61

Increased by 10.86%

from 1.45

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	54.21B	38.95B	67.42B	89.88B	78.59B	86.46B	92.66B	96.69B
Revenue Growth	0.23%	-28.15%	73.07%	33.31%	-12.56%	10.02%	7.17%	4.35%
EPS	1.33	-0.24	1.89	1.40	1.09	1.45	1.61	1.71
EPS Growth	11.48%	-	-	-26.05%	-21.89%	33.16%	10.86%	6.06%
Forward PE	-	-	-	-	-	14.01	12.64	11.92
No. Analysts	-	-	-	-	-	14	14	13

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	95.0B	108.4B	114.5B
Avg	86.5B	92.7B	96.7B
Low	71.0B	74.2B	78.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	20.9%	25.4%	23.6%
Avg	10.0%	7.2%	4.4%
Low	-9.7%	-14.2%	-15.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.74	2.19	2.38
Avg	1.45	1.61	1.71
Low	1.23	1.14	1.20

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	59.7%	51.0%	47.9%
Avg	33.2%	10.9%	6.1%
Low	12.2%	-21.8%	-25.8%

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.