Energy Transfer LP (ET)
NYSE: ET · IEX Real-Time Price · USD
15.94
+0.07 (0.44%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Energy Transfer LP Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Energy Transfer LP stock have an average target of 17.57, with a low estimate of 14 and a high estimate of 22. The average target predicts an increase of 10.23% from the current stock price of 15.94.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 4 |
| Buy | 7 | 7 | 7 | 5 | 5 | 3 |
| 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 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Reiterates $18 → $19 | Strong Buy | Reiterates | $18 → $19 | +19.20% | Apr 18, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +12.92% | Feb 21, 2024 |
| UBS | UBS | Strong Buy Maintains $23 → $22 | Strong Buy | Maintains | $23 → $22 | +38.02% | Feb 15, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $14 | Hold | Initiates | $14 | -12.17% | Oct 6, 2023 |
| Pickering Energy Partners | Pickering Energy Partners | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Oct 3, 2023 |
Financial Forecast
Revenue This Year
87.19B
from 78.59B
Increased by 10.94%
Revenue Next Year
89.36B
from 87.19B
Increased by 2.49%
EPS This Year
1.60
from 1.09
Increased by 46.91%
EPS Next Year
1.71
from 1.60
Increased by 6.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 100.9B | 101.1B | 91.2B | 91.8B | 94.5B |
| Avg | 87.2B | 89.4B | 88.5B | 90.1B | 92.7B |
| Low | 71.2B | 79.4B | 83.3B | 85.7B | 88.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.4% | 16.0% | 2.0% | 3.7% | 4.9% |
| Avg | 10.9% | 2.5% | -1.0% | 1.8% | 2.9% |
| Low | -9.4% | -8.9% | -6.8% | -3.2% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.93 | 2.06 | 2.26 | 2.36 | 2.63 |
| Avg | 1.60 | 1.71 | 1.91 | 2.32 | 2.58 |
| Low | 1.30 | 1.34 | 1.54 | 2.21 | 2.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 77.2% | 28.5% | 32.0% | 23.9% | 13.3% |
| Avg | 46.9% | 6.8% | 11.4% | 21.6% | 11.1% |
| Low | 19.6% | -16.2% | -10.0% | 15.7% | 5.7% |
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.