Equitrans Midstream Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Equitrans Midstream stock have an average target of 12.47, with a low estimate of 9.25 and a high estimate of 17. The average target predicts an increase of 0.40% from the current stock price of 12.42.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.25	$12.47	$13	$17
Change	-25.52%	+0.40%	+4.67%	+36.88%

* Price targets were last updated on Jun 10, 2024.

Analyst Ratings

The average analyst rating for ETRN stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	1	1	1	1	1	1
Buy	2	3	3	3	4	4
Hold	5	6	6	5	4	4
Sell	3	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	11	12	12	11	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Kad Morgan Stanley	Morgan Stanley	Buy Maintains $13 → $17	Buy	Maintains	$13 → $17	+36.88%	Jun 10, 2024
Michael Blum Wells Fargo	Wells Fargo	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	+4.67%	May 2, 2024
Michael Blum Wells Fargo	Wells Fargo	Sell → Hold Upgrades $10 → $12	Sell → Hold	Upgrades	$10 → $12	-3.38%	Mar 12, 2024
Elvira Scotto RBC Capital	RBC Capital	Buy Reiterates $13	Buy	Reiterates	$13	+4.67%	Mar 7, 2024
Marc Solecitto Barclays	Barclays	Hold Maintains $6 → $11	Hold	Maintains	$6 → $11	-11.43%	Feb 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.53B

from 1.39B

9.76%

from 1.39B

Revenue Next Year

1.63B

from 1.53B

6.47%

from 1.53B

EPS This Year

0.75

from 0.89

-15.38%

from 0.89

EPS Next Year

0.90

from 0.75

18.96%

from 0.75

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.63B	1.51B	1.32B	1.36B	1.39B	1.53B	1.63B	1.60B	1.68B	1.89B
Revenue Growth	9.04%	-7.33%	-12.83%	3.09%	2.66%	9.76%	6.47%	-1.96%	5.01%	12.82%
EPS	-0.80	1.04	-3.40	-0.76	0.89	0.75	0.90	0.93	1.18	1.48
EPS Growth	-	-	-	-	-	-15.38%	18.96%	3.89%	27.12%	25.00%
Forward PE	-	-	-	-	-	16.49	13.86	13.34	10.50	8.40
No. Analysts	-	-	-	-	-	12	12	7	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.7B	1.8B	1.7B	1.7B	1.9B
Avg	1.5B	1.6B	1.6B	1.7B	1.9B
Low	1.4B	1.4B	1.4B	1.6B	1.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	23.1%	18.7%	6.0%	8.1%	16.1%
Avg	9.8%	6.5%	-2.0%	5.0%	12.8%
Low	0.2%	-5.4%	-11.4%	0.9%	8.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.92	1.30	1.18	1.22	1.52
Avg	0.75	0.90	0.93	1.18	1.48
Low	0.53	0.67	0.63	1.14	1.42

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	3.8%	72.9%	31.3%	30.9%	28.7%
Avg	-15.4%	19.0%	3.9%	27.1%	25.0%
Low	-40.5%	-11.5%	-30.0%	22.1%	20.1%

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.