Energy Transfer LP (ET)

Energy Transfer LP Stock Forecast

Stock Price Forecast

The 13 analysts that cover Energy Transfer LP stock have a consensus rating of "Buy" and an average price target of $22.23, which forecasts a 31.50% increase in the stock price over the next year. The lowest target is $17 and the highest is $25.

Price Target: $22.23 (+31.50%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$17	$22.23	$23	$25
Change	+0.56%	+31.50%	+36.05%	+47.89%

Analyst Ratings

The average analyst rating for Energy Transfer LP stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	4	4	4	4	4	3
Buy	7	7	7	7	8	8
Hold	1	1	1	1	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Initiates $17	Hold	Initiates	$17	+0.56%	Oct 29, 2025
Theresa Chen Barclays	Barclays	Buy Maintains $25	Buy	Maintains	$25	+47.89%	Oct 15, 2025
Manav Gupta UBS	UBS	Strong Buy Reiterates $22	Strong Buy	Reiterates	$22	+30.14%	Oct 15, 2025
Brandon Bingham Scotiabank	Scotiabank	Buy Initiates $23	Buy	Initiates	$23	+36.05%	Sep 2, 2025
Robert Kad Morgan Stanley	Morgan Stanley	Buy Maintains $24 → $23	Buy	Maintains	$24 → $23	+36.05%	Aug 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

86.73B

Increased by 4.91%

from 82.67B

Revenue Next Year

93.97B

Increased by 8.35%

from 86.73B

EPS This Year

1.45

Increased by 13.29%

from 1.28

EPS Next Year

1.60

Increased by 9.90%

from 1.45

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	38.95B	67.42B	89.88B	78.59B	82.67B	86.73B	93.97B
Revenue Growth	-28.15%	73.07%	33.31%	-12.56%	5.20%	4.91%	8.35%
EPS	-0.24	1.89	1.40	1.09	1.28	1.45	1.60
EPS Growth	-	-	-26.05%	-21.89%	17.66%	13.29%	9.90%
Forward PE	-	-	-	-	-	11.62	10.57
No. Analysts	-	-	-	-	-	19	19

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	98.6B	111.0B
Avg	86.7B	94.0B
Low	72.1B	74.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.3%	28.0%
Avg	4.9%	8.4%
Low	-12.8%	-14.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.73	1.95
Avg	1.45	1.60
Low	1.21	1.13

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	34.9%	34.2%
Avg	13.3%	9.9%
Low	-6.1%	-22.5%

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.