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CMS Energy (CMS) Stock Forecast, Price Target & Predictions

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CMS Stock Forecast

CMS Energy stock forecast is as follows: an average price target of $73.40 (represents a 11.63% upside from CMS’s last price of $65.75) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.

CMS Price Target

The average price target for CMS Energy (CMS) is $73.40 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $76.00 to $69.00. This represents a potential 11.63% upside from CMS's last price of $65.75.

CMS Analyst Ratings

Buy

According to 22 Wall Street analysts, CMS Energy's rating consensus is 'Buy'. The analyst rating breakdown for CMS stock is 0 'Strong Buy' (0.00%), 16 'Buy' (72.73%), 6 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CMS Energy Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Julien Dumoulin-SmithJefferies$76.00$68.3911.13%15.59%
Oct 01, 2024Anthony CrowdellMizuho Securities$76.00$70.637.60%15.59%
Sep 16, 2024Sophie KarpKeyBanc$73.00$70.094.15%11.03%
Aug 29, 2024Paul ColeBank of America Securities$73.00$67.558.07%11.03%
Jul 19, 2024James ThalackerBMO Capital$69.00$61.3412.49%4.94%
May 28, 2024David ArcaroMorgan Stanley$61.00$61.70-1.13%-7.22%
May 20, 2024Sophie KarpKeyBanc$68.00$63.247.53%3.42%
May 14, 2024James ThalackerBMO Capital$71.00$62.9112.86%7.98%
Apr 30, 2024Nicholas CampanellaBarclays$59.00$60.20-1.99%-10.27%
Apr 19, 2024Sophie KarpKeyBanc$66.00$58.4812.86%0.38%
Apr 17, 2024James ThalackerBMO Capital$64.00$56.8912.50%-2.66%
Apr 04, 2024Ross FowlerUBS$65.00$59.329.58%-1.14%
Feb 02, 2024Shahriar PourrezaGuggenheim$64.00$57.7710.78%-2.66%
Jan 16, 2024Steve FleishmanWolfe Research$62.00$58.076.77%-5.70%
Oct 05, 2023Sophie KarpLoop Capital Markets$57.00$52.149.32%-13.31%
Jun 06, 2023Ross FowlerUBS$68.00$58.9915.27%3.42%
Apr 19, 2023Anthony CrowdellMizuho Securities$68.00$61.2710.98%3.42%
Feb 03, 2023Wells Fargo$73.00$62.0917.56%11.03%
Oct 21, 2022Anthony CrowdellMizuho Securities$59.00$53.979.32%-10.27%
Sep 22, 2022Morgan Stanley$67.00$65.542.23%1.90%
Jul 21, 2022Morgan Stanley$63.00$63.88-1.38%-4.18%
Jul 18, 2022Barclays$72.00$66.208.76%9.51%
Jun 30, 2022Anthony CrowdellMizuho Securities$73.00$67.248.57%11.03%
Jun 27, 2022BMO Capital$71.00$65.198.91%7.98%
Jun 23, 2022Morgan Stanley$59.00$62.73-5.95%-10.27%
May 23, 2022Morgan Stanley$66.00$68.98-4.32%0.38%
May 04, 2022Credit Suisse$70.00$68.562.10%6.46%
Apr 26, 2022Credit Suisse$76.00$70.597.66%15.59%
Apr 21, 2022Mizuho Securities$77.00$73.045.42%17.11%
Apr 20, 2022Morgan Stanley$69.00$73.02-5.51%4.94%
Feb 04, 2022Steve FleishmanWolfe Research$69.00$64.227.44%4.94%
Feb 04, 2022Durgesh ChopraEvercore ISI$67.00$64.224.33%1.90%
Dec 17, 2021Julien Dumoulin SmithBank of America Securities$67.00$63.725.15%1.90%
Jul 13, 2021Maheep MandloiCredit Suisse$71.00$58.7420.87%7.98%

The latest CMS Energy stock forecast, released on Nov 04, 2024 by Julien Dumoulin-Smith from Jefferies, set a price target of $76.00, which represents a 11.13% increase from the stock price at the time of the forecast ($68.39), and a 15.59% increase from CMS last price ($65.75).

CMS Energy Price Target by Period

1M3M12M
# Anlaysts-214
Avg Price Target-$76.00$67.64
Last Closing Price$65.75$65.75$65.75
Upside/Downside-100.00%15.59%2.87%

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 $65.75. 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

DateCompanyPrevious RatingNew RatingRating Change
Nov 04, 2024JefferiesBuyInitialise
Oct 16, 2024Wells FargoOverweightOverweightHold
Oct 15, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 30, 2024BMO CapitalOutperformOutperformHold
Sep 25, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 16, 2024KeyBancOverweightOverweightHold
Aug 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 20, 2024ScotiabankOutperformOutperformHold
Aug 13, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 19, 2024BMO CapitalOutperformOutperformHold
Jul 10, 2024William BlairMarket PerformMarket PerformHold
May 28, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 20, 2024KeyBancOverweightOverweightHold
May 14, 2024BMO CapitalOutperformOutperformHold
Apr 30, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 19, 2024KeyBancOverweightOverweightHold
Apr 17, 2024BMO CapitalOutperformOutperformHold
Apr 16, 2024Bank of America SecuritiesBuyBuyHold
Apr 04, 2024UBSBuyNeutralDowngrade
Mar 14, 2024BarclaysEqual-WeightEqual-WeightHold
Feb 02, 2024GuggenheimBuyUpgrade
Jan 16, 2024Wolfe ResearchOutperformUpgrade
Dec 26, 2023BMO CapitalOutperformOutperformHold
Oct 05, 2023KeyBancOverweightUpgrade
Jun 06, 2023UBSBuyUpgrade
Mar 08, 2023Cantor FitzgeraldNeutralInitialise
Mar 08, 2023Goldman SachsBuyInitialise
Mar 08, 2023JMP SecuritiesMarket OutperformInitialise
Mar 08, 2023BernsteinUnderperformInitialise
Mar 08, 2023MacquarieOutperformInitialise
Mar 08, 2023EF HuttonBuyInitialise
Mar 08, 2023HSBCUnderperformDowngrade
Mar 08, 2023PI FinancialBuyInitialise
Mar 08, 2023Bank of America SecuritiesBuyUpgrade
Feb 03, 2023Wells FargoOverweightOverweightHold
Nov 21, 2022Credit SuisseOutperformUpgrade
Oct 06, 2022Seaport GlobalBuyUpgrade
Sep 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 21, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 18, 2022BarclaysEqual-WeightEqual-WeightHold
Jun 30, 2022Mizuho SecuritiesBuyBuyHold
Jun 27, 2022BMO CapitalOutperformOutperformHold
Jun 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2022Evercore ISIHoldHoldHold
Jul 15, 2021OppenheimerPerformDowngrade

CMS Energy's last stock rating was published by Jefferies on Nov 04, 2024. The company Initialise its CMS rating from "null" to "Buy".

CMS Energy Financial Forecast

CMS Energy Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 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$1.92B$1.72B$2.34B$2.10B$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$2.13B$1.85B$1.75B$2.24B$2.13B$1.86B$1.75B$2.26B$2.16B$1.88B$1.77B$2.26B$2.18B$2.00B$1.79B$2.38B$2.28B$1.88B$1.73B$2.32B$2.67B$2.22B$2.12B$2.32B$1.97B$1.75B$1.60B$2.12B$1.74B$1.62B
Low Forecast$1.95B$1.69B$1.59B$2.05B$1.94B$1.69B$1.60B$2.06B$1.97B$1.71B$1.62B$2.06B$1.99B$1.82B$1.63B$2.28B$1.90B$1.88B$1.73B$2.32B$2.57B$2.06B$1.94B$2.11B$1.80B$1.75B$1.60B$2.12B$1.74B$1.62B
# Analysts111111111111111242224422111122
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242224422111122
EBITDA--------------------$799.00M$452.00M$497.00M$370.00M$323.00M$554.00M$523.00M$847.00M$1.05B$590.00M
Avg Forecast$695.52M$603.08M$569.60M$730.83M$694.85M$605.16M$571.53M$736.18M$704.38M$612.66M$577.25M$736.22M$710.82M$650.62M$584.10M$792.00M$713.62M$637.69M$585.67M$829.20M$889.87M$715.25M$691.84M$753.81M$944.02M$395.30M$362.13M$685.29M$393.58M$366.78M
High Forecast$723.72M$627.53M$592.69M$760.45M$723.02M$629.69M$594.70M$766.02M$732.93M$637.50M$600.65M$766.07M$739.64M$677.00M$607.78M$805.96M$773.65M$637.90M$585.67M$995.03M$904.34M$751.32M$719.89M$904.58M$1.13B$395.30M$362.13M$822.34M$393.58M$366.78M
Low Forecast$660.24M$572.49M$540.71M$693.76M$659.61M$574.46M$542.54M$698.84M$668.65M$581.59M$547.97M$698.88M$674.77M$617.62M$554.47M$774.55M$643.60M$637.49M$585.67M$663.36M$871.78M$698.06M$656.75M$603.05M$755.22M$395.30M$362.13M$548.23M$393.58M$366.78M
Surprise %--------------------0.90%0.63%0.72%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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242224422111122
Net Income--------------------$309.00M$176.00M$198.00M$204.00M$171.00M$165.00M$148.00M$353.00M$114.00M$189.00M
Avg Forecast$359.38M$291.99M$280.06M$404.14M$373.00M$266.27M$261.07M$371.56M$352.56M$238.75M$256.32M$305.02M$309.25M$243.63M$193.29M$326.40M$259.82M$231.99M$185.54M$394.37M$311.83M$175.34M$207.97M$358.52M$649.85M$160.21M$132.11M$325.93M$130.88M$158.56M
High Forecast$378.32M$307.38M$294.82M$425.44M$392.65M$280.30M$274.83M$391.14M$371.14M$251.33M$269.83M$321.10M$325.54M$256.47M$203.47M$334.99M$262.84M$232.34M$185.55M$473.25M$320.82M$243.38M$218.93M$430.23M$779.82M$160.21M$132.11M$391.11M$130.88M$158.56M
Low Forecast$335.68M$272.74M$261.59M$377.49M$348.40M$248.71M$243.86M$347.06M$329.31M$223.01M$239.42M$284.91M$288.85M$227.57M$180.54M$320.68M$253.78M$231.63M$185.53M$315.50M$299.84M$146.56M$194.25M$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242224422111122
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$38.92M$34.94M$47.38M$42.69M$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$43.30M$37.54M$35.46M$45.49M$43.25M$37.67M$35.58M$45.83M$43.85M$38.14M$35.93M$45.83M$44.25M$40.50M$36.36M$48.22M$46.28M$38.16M$35.04M$47.13M$54.10M$44.95M$43.07M$47.04M$39.98M$35.44M$32.47M$43.01M$35.29M$32.89M
Low Forecast$39.50M$34.25M$32.35M$41.50M$39.46M$34.37M$32.46M$41.81M$40.00M$34.79M$32.78M$41.81M$40.37M$36.95M$33.17M$46.34M$38.50M$38.14M$35.04M$47.13M$52.15M$41.76M$39.29M$42.91M$36.47M$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111242224422111122
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$1.25$0.89$0.87$1.24$1.18$0.80$0.86$1.02$1.03$0.82$0.65$1.09$0.87$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$1.42$1.31$0.94$0.92$1.31$1.24$0.84$0.90$1.07$1.09$0.86$0.68$1.12$0.88$0.78$0.62$0.92$1.07$0.81$0.73$0.74$0.60$0.54$0.44$1.13$0.44$0.53
Low Forecast$1.12$0.91$0.88$1.26$1.17$0.83$0.82$1.16$1.10$0.75$0.80$0.95$0.97$0.76$0.60$1.07$0.85$0.78$0.62$0.92$1.00$0.49$0.65$0.65$0.53$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
DTEDTE Energy Company$120.70$137.2913.74%Buy
EVRGEvergy$61.50$68.5011.38%Buy
CMSCMS Energy$67.04$73.409.49%Buy
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
AEEAmeren$88.68$90.001.49%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
MGEEMGE Energy$95.75$71.00-25.85%Sell

CMS Forecast FAQ

Is CMS Energy a good buy?

Yes, according to 22 Wall Street analysts, CMS Energy (CMS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 16 'Buy' recommendations, accounting for 72.73% of CMS's total ratings.

What is CMS's price target?

CMS Energy (CMS) average price target is $73.4 with a range of $69 to $76, implying a 11.63% from its last price of $65.75. The data is based on 22 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 up by 11.63% (from the last price of $65.75 to the average price target of $73.4), up by 15.59% based on the highest stock price target, and up by 4.94% based on the lowest stock price target.

Can CMS Energy stock reach $100?

CMS's average twelve months analyst stock price target of $73.4 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 $8B, low $7.3B), average EBITDA is $2.61B (high $2.71B, low $2.48B), average net income is $1.27B (high $1.34B, low $1.19B), average SG&A $156.01M (high $162.33M, low $148.09M), and average EPS is $4.26 (high $4.48, low $3.98). CMS's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $7.66B (high $7.97B, low $7.28B), average EBITDA is $2.6B (high $2.7B, low $2.47B), average net income is $1.34B (high $1.41B, low $1.25B), average SG&A $155.49M (high $161.79M, low $147.6M), and average EPS is $4.47 (high $4.71, low $4.18).

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, missing the average prediction of $3.05B by -8.97%. The company's net income was $887M, missing the average estimation of $1.05B by -15.82%. 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, missing the average prediction of $889.87M by -10.21%. CMS Energy's net income was $309M, missing the average estimation of $311.83M by -0.91%. 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%