CMS Energy (CMS) Stock Forecast, Price Target & Predictions
CMS Stock Forecast
CMS Energy stock forecast is as follows: an average price target of $66.85 (represents a -2.25% downside from CMS’s last price of $68.39) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
CMS Price Target
The average price target for CMS Energy (CMS) is $66.85 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $57.00. This represents a potential -2.25% downside from CMS's last price of $68.39.
CMS Analyst Ratings
According to 21 Wall Street analysts, CMS Energy's rating consensus is 'Buy'. The analyst rating breakdown for CMS stock is 0 'Strong Buy' (0.00%), 15 'Buy' (71.43%), 6 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CMS Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 01, 2024 | Anthony Crowdell | Mizuho Securities | $76.00 | $70.63 | 7.60% | 11.13% |
| Sep 16, 2024 | Sophie Karp | KeyBanc | $73.00 | $70.09 | 4.15% | 6.74% |
| Aug 29, 2024 | Paul Cole | Bank of America Securities | $73.00 | $67.55 | 8.07% | 6.74% |
| Jul 19, 2024 | James Thalacker | BMO Capital | $69.00 | $61.34 | 12.49% | 0.89% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $61.00 | $61.70 | -1.13% | -10.81% |
| May 20, 2024 | Sophie Karp | KeyBanc | $68.00 | $63.24 | 7.53% | -0.57% |
| May 14, 2024 | James Thalacker | BMO Capital | $71.00 | $62.91 | 12.86% | 3.82% |
| Apr 30, 2024 | Nicholas Campanella | Barclays | $59.00 | $60.20 | -1.99% | -13.73% |
| Apr 19, 2024 | Sophie Karp | KeyBanc | $66.00 | $58.48 | 12.86% | -3.49% |
| Apr 17, 2024 | James Thalacker | BMO Capital | $64.00 | $56.89 | 12.50% | -6.42% |
The latest CMS Energy stock forecast, released on Oct 01, 2024 by Anthony Crowdell from Mizuho Securities, set a price target of $76.00, which represents a 7.60% increase from the stock price at the time of the forecast ($70.63), and a 11.13% increase from CMS last price ($68.39).
CMS Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 13 |
| Avg Price Target | - | $74.00 | $67.00 |
| Last Closing Price | $68.39 | $68.39 | $68.39 |
| Upside/Downside | -100.00% | 8.20% | -2.03% |
In the current month, the average price target of CMS Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CMS Energy's last price of $68.39. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 15, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 30, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 25, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 16, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 20, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 13, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 19, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 10, 2024 | William Blair | Market Perform | Market Perform | Hold |
CMS Energy's last stock rating was published by Wells Fargo on Oct 16, 2024. The company gave CMS a "Overweight" rating, the same as its previous rate.
CMS Energy Financial Forecast
CMS Energy Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.95B | $1.67B | $1.55B | $2.28B | $2.28B | $2.02B | $1.92B | $2.37B | $2.03B | $1.73B |
| Avg Forecast | $2.05B | $1.78B | $1.68B | $2.15B | $2.05B | $1.78B | $1.69B | $2.17B | $2.08B | $1.81B | $1.70B | $2.17B | $2.10B | $1.80B | $1.76B | $2.39B | $2.18B | $1.88B | $1.73B | $2.32B | $2.62B | $2.11B | $2.04B | $2.23B | $1.89B | $1.75B | $1.60B | $2.12B | $1.74B | $1.62B |
| High Forecast | $2.14B | $1.86B | $1.76B | $2.25B | $2.14B | $1.87B | $1.76B | $2.27B | $2.17B | $1.89B | $1.78B | $2.27B | $2.19B | $1.89B | $1.84B | $2.40B | $2.35B | $1.88B | $1.73B | $2.32B | $2.67B | $2.22B | $2.13B | $2.33B | $1.98B | $1.75B | $1.60B | $2.12B | $1.74B | $1.62B |
| Low Forecast | $1.95B | $1.69B | $1.60B | $2.05B | $1.95B | $1.70B | $1.61B | $2.07B | $1.98B | $1.72B | $1.62B | $2.07B | $2.00B | $1.72B | $1.68B | $2.38B | $2.03B | $1.88B | $1.73B | $2.32B | $2.57B | $2.06B | $1.94B | $2.12B | $1.80B | $1.75B | $1.60B | $2.12B | $1.74B | $1.62B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.79% | 0.76% | 1.03% | 1.20% | 1.16% | 1.20% | 1.12% | 1.17% | 1.06% |
CMS Energy's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.32B, with a low forecast of $2.32B, and a high forecast of $2.32B. CMS's average Quarter revenue forecast represents a 19.13% increase compared to the company's last Quarter revenue of $1.95B (Dec 23).
CMS Energy EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $799.00M | $452.00M | $497.00M | $370.00M | $323.00M | $554.00M | $523.00M | $847.00M | $1.05B | $590.00M |
| Avg Forecast | $464.06M | $402.39M | $380.05M | $487.62M | $463.62M | $403.77M | $381.34M | $491.19M | $469.97M | $408.78M | $385.15M | $491.22M | $474.27M | $408.20M | $398.61M | $541.33M | $493.30M | $425.48M | $390.77M | $829.20M | $593.73M | $477.23M | $461.61M | $753.81M | $944.02M | $395.30M | $362.13M | $685.29M | $393.58M | $366.78M |
| High Forecast | $485.11M | $420.64M | $397.28M | $509.74M | $484.65M | $422.08M | $398.63M | $513.47M | $491.29M | $427.32M | $402.62M | $513.50M | $495.79M | $426.72M | $416.69M | $543.67M | $532.30M | $425.62M | $390.77M | $995.03M | $603.39M | $501.29M | $482.55M | $904.58M | $1.13B | $395.30M | $362.13M | $822.34M | $393.58M | $366.78M |
| Low Forecast | $442.12M | $383.36M | $362.08M | $464.57M | $441.70M | $384.68M | $363.31M | $467.97M | $447.75M | $389.45M | $366.94M | $467.99M | $451.85M | $388.90M | $379.77M | $538.99M | $458.88M | $425.34M | $390.77M | $663.36M | $581.67M | $465.76M | $439.78M | $603.05M | $755.22M | $395.30M | $362.13M | $548.23M | $393.58M | $366.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.35% | 0.95% | 1.08% | 0.49% | 0.34% | 1.40% | 1.44% | 1.24% | 2.67% | 1.61% |
2 analysts predict CMS's average Quarter EBITDA for Mar 24 to be $829.20M, with a high of $995.03M and a low of $663.36M. This is 3.78% upper than CMS Energy's previous annual EBITDA (Dec 23) of $799.00M.
CMS Energy Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $309.00M | $176.00M | $198.00M | $204.00M | $171.00M | $165.00M | $148.00M | $353.00M | $114.00M | $189.00M |
| Avg Forecast | $359.01M | $291.69M | $279.78M | $403.74M | $354.87M | $278.78M | $273.45M | $376.89M | $328.93M | $251.50M | $281.41M | $292.40M | $274.27M | $254.32M | $213.66M | $330.26M | $268.10M | $231.75M | $185.35M | $394.37M | $311.52M | $175.17M | $207.76M | $358.52M | $649.85M | $160.21M | $132.11M | $325.93M | $130.88M | $158.56M |
| High Forecast | $380.18M | $308.89M | $296.27M | $427.55M | $375.79M | $295.22M | $289.57M | $399.11M | $348.33M | $266.33M | $298.00M | $309.64M | $290.44M | $269.32M | $226.26M | $361.85M | $279.63M | $232.11M | $185.36M | $473.25M | $320.50M | $243.14M | $220.01M | $430.23M | $779.82M | $160.21M | $132.11M | $391.11M | $130.88M | $158.56M |
| Low Forecast | $336.95M | $273.77M | $262.58M | $378.92M | $333.05M | $261.64M | $256.64M | $353.72M | $308.71M | $236.04M | $264.11M | $274.42M | $257.41M | $238.69M | $200.53M | $313.03M | $253.69M | $231.40M | $185.34M | $315.50M | $299.54M | $146.41M | $194.99M | $286.82M | $519.88M | $160.21M | $132.11M | $260.74M | $130.88M | $158.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.95% | 0.57% | 0.26% | 1.03% | 1.12% | 1.08% | 0.87% | 1.19% |
CMS Energy's average Quarter net income forecast for Mar 24 is $394.37M, with a range of $315.50M to $473.25M. CMS's average Quarter net income forecast represents a 27.63% increase compared to the company's last Quarter net income of $309.00M (Dec 23).
CMS Energy SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $41.61M | $36.08M | $34.08M | $43.72M | $41.57M | $36.20M | $34.19M | $44.04M | $42.14M | $36.65M | $34.53M | $44.04M | $42.52M | $36.60M | $35.74M | $48.54M | $44.23M | $38.15M | $35.04M | $47.13M | $53.24M | $42.79M | $41.39M | $45.20M | $38.42M | $35.44M | $32.47M | $43.01M | $35.29M | $32.89M |
| High Forecast | $43.50M | $37.72M | $35.62M | $45.70M | $43.46M | $37.85M | $35.74M | $46.04M | $44.05M | $38.31M | $36.10M | $46.04M | $44.45M | $38.26M | $37.36M | $48.75M | $47.73M | $38.16M | $35.04M | $47.13M | $54.10M | $44.95M | $43.27M | $47.25M | $40.16M | $35.44M | $32.47M | $43.01M | $35.29M | $32.89M |
| Low Forecast | $39.64M | $34.37M | $32.46M | $41.65M | $39.60M | $34.49M | $32.58M | $41.96M | $40.15M | $34.92M | $32.90M | $41.96M | $40.51M | $34.87M | $34.05M | $48.33M | $41.14M | $38.14M | $35.04M | $47.13M | $52.15M | $41.76M | $39.43M | $43.07M | $36.60M | $35.44M | $32.47M | $43.01M | $35.29M | $32.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CMS Energy's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to CMS last annual SG&A of $NaN (undefined).
CMS Energy EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.04 | $0.60 | - | $0.70 | $0.58 | $0.56 | $0.50 | $1.21 | $0.39 | $0.64 |
| Avg Forecast | $1.20 | $0.98 | $0.94 | $1.35 | $1.19 | $0.93 | $0.92 | $1.26 | $1.10 | $0.84 | $0.94 | $0.98 | $0.92 | $0.85 | $0.72 | $1.11 | $0.90 | $0.78 | $0.62 | $0.92 | $1.04 | $0.59 | $0.70 | $0.70 | $0.57 | $0.54 | $0.44 | $1.13 | $0.44 | $0.53 |
| High Forecast | $1.27 | $1.03 | $0.99 | $1.43 | $1.26 | $0.99 | $0.97 | $1.34 | $1.17 | $0.89 | $1.00 | $1.04 | $0.97 | $0.90 | $0.76 | $1.21 | $0.94 | $0.78 | $0.62 | $0.92 | $1.07 | $0.81 | $0.74 | $0.74 | $0.61 | $0.54 | $0.44 | $1.13 | $0.44 | $0.53 |
| Low Forecast | $1.13 | $0.92 | $0.88 | $1.27 | $1.12 | $0.88 | $0.86 | $1.18 | $1.03 | $0.79 | $0.88 | $0.92 | $0.86 | $0.80 | $0.67 | $1.05 | $0.85 | $0.78 | $0.62 | $0.92 | $1.00 | $0.49 | $0.65 | $0.66 | $0.54 | $0.54 | $0.44 | $1.13 | $0.44 | $0.53 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.02% | - | 1.00% | 1.01% | 1.04% | 1.13% | 1.07% | 0.89% | 1.20% |
According to 2 Wall Street analysts, CMS Energy's projected average Quarter EPS for Mar 24 is $0.92, with a low estimate of $0.92 and a high estimate of $0.92. This represents a -11.58% decrease compared to CMS previous annual EPS of $1.04 (Dec 23).
CMS Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DTE | DTE Energy Company | $121.63 | $135.00 | 10.99% | Buy |
| LNT | Alliant Energy | $57.51 | $63.38 | 10.21% | Buy |
| EVRG | Evergy | $59.79 | $64.25 | 7.46% | Buy |
| CNP | CenterPoint Energy | $29.02 | $31.00 | 6.82% | Hold |
| PNM | PNM Resources | $41.77 | $44.50 | 6.54% | Buy |
| AEE | Ameren | $86.02 | $90.08 | 4.72% | Buy |
| CMS | CMS Energy | $68.39 | $66.85 | -2.25% | Buy |
| ETR | Entergy | $142.43 | $127.67 | -10.36% | Buy |
| PNW | Pinnacle West Capital | $85.71 | $75.89 | -11.46% | Buy |
| MGEE | MGE Energy | $89.10 | $71.00 | -20.31% | Sell |
CMS Forecast FAQ
Is CMS Energy a good buy?
Yes, according to 21 Wall Street analysts, CMS Energy (CMS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 71.43% of CMS's total ratings.
What is CMS's price target?
CMS Energy (CMS) average price target is $66.85 with a range of $57 to $76, implying a -2.25% from its last price of $68.39. The data is based on 21 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CMS Energy stock go up soon?
According to Wall Street analysts' prediction for CMS stock, the company can go down by -2.25% (from the last price of $68.39 to the average price target of $66.85), up by 11.13% based on the highest stock price target, and down by -16.65% based on the lowest stock price target.
Can CMS Energy stock reach $100?
CMS's average twelve months analyst stock price target of $66.85 does not support the claim that CMS Energy can reach $100 in the near future.
What are CMS Energy's analysts' financial forecasts?
CMS Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.69B (high $8.04B, low $7.33B), average EBITDA is $1.74B (high $1.82B, low $1.66B), average net income is $1.28B (high $1.36B, low $1.21B), average SG&A $156.01M (high $163.08M, low $148.63M), and average EPS is $4.3 (high $4.56, low $4.04). CMS's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $7.66B (high $8.01B, low $7.3B), average EBITDA is $1.73B (high $1.81B, low $1.65B), average net income is $1.33B (high $1.41B, low $1.25B), average SG&A $155.49M (high $162.54M, low $148.13M), and average EPS is $4.47 (high $4.73, low $4.2).
Did the CMS's actual financial results beat the analysts' financial forecasts?
Based on CMS Energy's last annual report (Dec 2023), the company's revenue was $7.46B, which missed the average analysts forecast of $9B by -17.10%. Apple's EBITDA was $2.78B, beating the average prediction of $2.29B by 21.46%. The company's net income was $887M, missing the average estimation of $1.05B by -15.76%. Apple's SG&A was $0, missing the average forecast of $182.62M by -100.00%. Lastly, the company's EPS was $2.98, missing the average prediction of $3.03 by -1.49%. In terms of the last quarterly report (Dec 2023), CMS Energy's revenue was $1.95B, missing the average analysts' forecast of $2.62B by -25.68%. The company's EBITDA was $799M, beating the average prediction of $593.73M by 34.57%. CMS Energy's net income was $309M, missing the average estimation of $311.52M by -0.81%. The company's SG&A was $0, missing the average forecast of $53.24M by -100.00%. Lastly, the company's EPS was $1.04, missing the average prediction of $1.04 by -0.35%