Energy Transfer LP (ET)

Energy Transfer LP Stock Forecast

Stock Price Forecast

The 12 analysts that cover Energy Transfer LP stock have a consensus rating of "Buy" and an average price target of $22.5, which forecasts a 28.39% increase in the stock price over the next year. The lowest target is $20 and the highest is $25.

Price Target: $22.5 (+28.39%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$22.5	$23	$25
Change	+14.12%	+28.39%	+31.24%	+42.65%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	4	4	4	4	4	3
Buy	7	7	7	7	7	8
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon Bingham Scotiabank	Scotiabank	Buy Initiates $23	Buy	Initiates	$23	+31.24%	Sep 2, 2025
Robert Kad Morgan Stanley	Morgan Stanley	Buy Maintains $24 → $23	Buy	Maintains	$24 → $23	+31.24%	Aug 26, 2025
Michael Blum Wells Fargo	Wells Fargo	Buy Maintains $21 → $23	Buy	Maintains	$21 → $23	+31.24%	Aug 12, 2025
Gabriel Moreen Mizuho	Mizuho	Buy Maintains $22 → $23	Buy	Maintains	$22 → $23	+31.24%	May 20, 2025
Jeremy Tonet JP Morgan	JP Morgan	Buy Maintains $25 → $23	Buy	Maintains	$25 → $23	+31.24%	May 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

86.69B

Increased by 4.86%

from 82.67B

Revenue Next Year

94.18B

Increased by 8.64%

from 86.69B

EPS This Year

1.50

Increased by 17.02%

from 1.28

EPS Next Year

1.68

Increased by 11.62%

from 1.50

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	86.69B	94.18B
Revenue Growth	-28.15%	73.07%	33.31%	-12.56%	5.20%	4.86%	8.64%
EPS	-0.24	1.89	1.40	1.09	1.28	1.50	1.68
EPS Growth	-	-	-26.05%	-21.89%	17.66%	17.02%	11.62%
Forward PE	-	-	-	-	-	11.66	10.45
No. Analysts	-	-	-	-	-	17	17

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	98.6B	111.5B
Avg	86.7B	94.2B
Low	72.1B	74.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.3%	28.6%
Avg	4.9%	8.6%
Low	-12.8%	-14.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.87	2.17
Avg	1.50	1.68
Low	1.23	1.18

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	45.5%	44.6%
Avg	17.0%	11.6%
Low	-4.6%	-21.8%

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.