Energy Transfer LP (ET)
NYSE: ET · Real-Time Price · USD
19.39
-0.23 (-1.17%)
At close: Jun 5, 2026, 4:00 PM EDT
19.47
+0.07 (0.39%)
After-hours: Jun 5, 2026, 7:58 PM EDT

Energy Transfer LP Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Energy Transfer LP stock has a consensus rating of "Strong Buy" and an average price target of $23.59. The average 1-year stock price forecast is 21.66% higher than the current stock price, while the lowest is $21 (+8.30%) and the highest is $27 (+39.25%).

Price Target: $23.59 (+21.66%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$21$23.59$24$27
Change+8.30%+21.66%+23.78%+39.25%

Analyst Ratings

The average analyst rating for Energy Transfer LP stock 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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy121212131314
Buy555555
Hold333332
Sell000000
Strong Sell000000
Total202020212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$21$23
HoldReiterates$21$23+18.62%May 27, 2026
Jefferies
Jefferies
Buy
Upgrades
$23
BuyUpgrades$23+18.62%May 26, 2026
Barclays
Barclays
Buy
Reiterates
$22$23
BuyReiterates$22$23+18.62%May 14, 2026
Goldman Sachs
Goldman Sachs
Hold
Maintains
$20$21
HoldMaintains$20$21+8.30%May 13, 2026
TD Cowen
TD Cowen
Buy
Maintains
$21$23
BuyMaintains$21$23+18.62%May 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
110.67B
from 85.54B
Increased by 29.38%
Revenue Next Year
110.56B
from 110.67B
Decreased by -0.10%
EPS This Year
1.52
from 1.30
Increased by 17.19%
EPS Next Year
1.53
from 1.52
Increased by 0.46%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.42B89.88B78.59B82.67B85.54B110.67B
Revenue Growth
73.07%33.31%-12.56%5.20%3.47%29.38%
Gross Profit
13.45B13.31B13.68B15.69B16.41B24.74B
Gross Margin
19.95%14.80%17.40%18.98%19.18%22.36%
Operating Income
8.81B8.12B8.31B9.19B9.31B11.24B
Net Income
5.46B4.75B3.93B4.81B4.43B5.23B
EPS
----1.301.52
EPS Growth
----347.21%17.19%
Forward PE
6.228.2610.8815.1311.1912.76
Dividend / Share
0.631.001.251.291.331.37
Dividend Growth
-58.10%24.50%3.21%3.11%3.28%
Free Cash Flow
5.24B3.31B4.41B5.69B2.21B4.12B
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High124.1B
Avg110.7B
Low97.5B

Revenue Growth

Revenue Growth202620272028
High
45.1%
Avg
29.4%
Low
14.0%

EPS Forecast

EPS202620272028
High1.68
Avg1.52
Low1.32

EPS Growth

EPS Growth202620272028
High
29.5%
Avg
17.2%
Low
1.8%