Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
19.60
+0.56 (2.94%)
At close: Dec 24, 2024, 1:00 PM
19.34
-0.26 (-1.33%)
Pre-market: Dec 26, 2024, 5:05 AM EST
Energy Transfer LP Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 20.55, with a low estimate of 18 and a high estimate of 23. The average target predicts an increase of 4.85% from the current stock price of 19.60.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ET stock from 11 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 5 |
| Hold | 1 | 1 | 1 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $18 → $22 | Buy | Maintains | $18 → $22 | +12.24% | Dec 20, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $17 → $20 | Hold | Maintains | $17 → $20 | +2.04% | Dec 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +7.14% | Dec 18, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $23 | Buy | Maintains | $20 → $23 | +17.35% | Dec 9, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +2.04% | Oct 17, 2024 |
Financial Forecast
Revenue This Year
86.87B
from 78.59B
Increased by 10.55%
Revenue Next Year
93.03B
from 86.87B
Increased by 7.09%
EPS This Year
1.47
from 1.09
Increased by 34.66%
EPS Next Year
1.63
from 1.47
Increased by 11.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.0B | 107.3B | 113.3B | ||
| Avg | 86.9B | 93.0B | 97.0B | ||
| Low | 71.0B | 74.2B | 78.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.9% | 23.5% | 21.8% | ||
| Avg | 10.5% | 7.1% | 4.2% | ||
| Low | -9.7% | -14.6% | -16.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.74 | 2.19 | 2.38 | ||
| Avg | 1.47 | 1.63 | 1.73 | ||
| Low | 1.23 | 1.14 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.7% | 49.3% | 45.9% | ||
| Avg | 34.7% | 11.2% | 5.7% | ||
| Low | 12.2% | -22.7% | -26.8% |
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.