Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
19.26
+0.19 (1.00%)
Dec 6, 2024, 4:00 PM EST - Market closed
Energy Transfer LP Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 20, with a low estimate of 18 and a high estimate of 23. The average target predicts an increase of 3.84% from the current stock price of 19.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 17, 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +3.84% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +3.84% | Oct 16, 2024 |
| UBS | UBS | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +19.42% | Sep 18, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +3.84% | Jun 20, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +3.84% | Jun 18, 2024 |
Financial Forecast
Revenue This Year
87.53B
from 78.59B
Increased by 11.38%
Revenue Next Year
93.06B
from 87.53B
Increased by 6.32%
EPS This Year
1.45
from 1.09
Increased by 33.05%
EPS Next Year
1.61
from 1.45
Increased by 10.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.0B | 107.3B | 113.3B | ||
| Avg | 87.5B | 93.1B | 96.6B | ||
| Low | 71.0B | 74.3B | 77.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.9% | 22.6% | 21.8% | ||
| Avg | 11.4% | 6.3% | 3.8% | ||
| Low | -9.7% | -15.1% | -16.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.74 | 2.05 | 2.27 | ||
| Avg | 1.45 | 1.61 | 1.72 | ||
| Low | 1.23 | 1.15 | 1.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.7% | 41.0% | 41.2% | ||
| Avg | 33.1% | 10.6% | 7.1% | ||
| Low | 12.2% | -21.0% | -25.0% |
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.