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 $67.50 (represents a -1.49% downside from CMS’s last price of $68.52) 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 $67.50 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 $57.00. This represents a potential -1.49% downside from CMS's last price of $68.52.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 04, 2024	Julien Dumoulin-Smith	Jefferies	$76.00	$68.39	11.13%	10.92%
Oct 01, 2024	Anthony Crowdell	Mizuho Securities	$76.00	$70.63	7.60%	10.92%
Sep 16, 2024	Sophie Karp	KeyBanc	$73.00	$70.09	4.15%	6.54%
Aug 29, 2024	Paul Cole	Bank of America Securities	$73.00	$67.55	8.07%	6.54%
Jul 19, 2024	James Thalacker	BMO Capital	$69.00	$61.34	12.49%	0.70%
May 28, 2024	David Arcaro	Morgan Stanley	$61.00	$61.70	-1.13%	-10.97%
May 20, 2024	Sophie Karp	KeyBanc	$68.00	$63.24	7.53%	-0.76%
May 14, 2024	James Thalacker	BMO Capital	$71.00	$62.91	12.86%	3.62%
Apr 30, 2024	Nicholas Campanella	Barclays	$59.00	$60.20	-1.99%	-13.89%
Apr 19, 2024	Sophie Karp	KeyBanc	$66.00	$58.48	12.86%	-3.68%

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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 10.92% increase from CMS last price ($68.52).

CMS Energy Price Target by Period

	1M	3M	12M
# Anlaysts	1	4	14
Avg Price Target	$76.00	$74.50	$67.64
Last Closing Price	$68.52	$68.52	$68.52
Upside/Downside	10.92%	8.73%	-1.28%

In the current month, the average price target of CMS Energy stock is $76.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.92% increase as opposed to CMS Energy's last price of $68.52. This month's average price target is up 2.01% compared to last quarter, and up 12.36% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 04, 2024	Jefferies	-	Buy	Initialise
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

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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 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	$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	$611.80M	$597.43M	$811.33M	$739.34M	$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	$727.07M	$630.44M	$595.44M	$763.98M	$726.37M	$632.61M	$597.46M	$769.57M	$736.33M	$640.45M	$603.44M	$769.62M	$743.07M	$639.55M	$624.53M	$814.84M	$797.80M	$637.90M	$585.67M	$995.03M	$904.34M	$751.32M	$723.23M	$904.58M	$1.13B	$395.30M	$362.13M	$822.34M	$393.58M	$366.78M
Low Forecast	$662.64M	$574.57M	$542.67M	$696.27M	$662.00M	$576.54M	$544.51M	$701.37M	$671.07M	$583.69M	$549.96M	$701.41M	$677.21M	$582.87M	$569.18M	$807.81M	$687.75M	$637.49M	$585.67M	$663.36M	$871.78M	$698.06M	$659.13M	$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 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	$359.38M	$291.99M	$280.06M	$404.14M	$373.00M	$266.27M	$261.07M	$371.56M	$352.56M	$238.75M	$256.32M	$305.02M	$292.60M	$239.45M	$211.85M	$329.42M	$267.62M	$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	$380.57M	$309.21M	$296.57M	$427.97M	$394.99M	$281.97M	$276.47M	$393.47M	$373.35M	$252.83M	$271.43M	$323.01M	$309.85M	$253.57M	$224.34M	$360.92M	$285.26M	$232.34M	$185.55M	$473.25M	$320.82M	$243.38M	$220.23M	$430.23M	$779.82M	$160.21M	$132.11M	$391.11M	$130.88M	$158.56M
Low Forecast	$337.29M	$274.04M	$262.85M	$379.30M	$350.07M	$249.90M	$245.02M	$348.72M	$330.89M	$224.08M	$240.56M	$286.27M	$274.61M	$224.73M	$198.82M	$312.23M	$255.86M	$231.63M	$185.53M	$315.50M	$299.84M	$146.56M	$195.19M	$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	$1.25	$0.89	$0.87	$1.24	$1.18	$0.80	$0.86	$1.02	$0.98	$0.80	$0.71	$1.10	$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	$1.32	$0.94	$0.93	$1.32	$1.25	$0.85	$0.91	$1.08	$1.04	$0.85	$0.75	$1.21	$0.95	$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	$1.17	$0.84	$0.82	$1.17	$1.11	$0.75	$0.81	$0.96	$0.92	$0.75	$0.67	$1.04	$0.86	$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	$122.18	$135.00	10.49%	Buy
PNM	PNM Resources	$41.77	$44.50	6.54%	Buy
LNT	Alliant Energy	$62.23	$63.38	1.85%	Buy
EVRG	Evergy	$64.37	$64.25	-0.19%	Buy
CMS	CMS Energy	$68.52	$67.50	-1.49%	Buy
CNP	CenterPoint Energy	$31.57	$31.00	-1.81%	Hold
AEE	Ameren	$92.24	$90.08	-2.34%	Buy
PNW	Pinnacle West Capital	$91.79	$78.44	-14.54%	Buy
ETR	Entergy	$150.71	$127.67	-15.29%	Buy
MGEE	MGE Energy	$103.89	$71.00	-31.66%	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 $67.5 with a range of $57 to $76, implying a -1.49% from its last price of $68.52. 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 down by -1.49% (from the last price of $68.52 to the average price target of $67.5), up by 10.92% based on the highest stock price target, and down by -16.81% based on the lowest stock price target.

Can CMS Energy stock reach $100?

CMS's average twelve months analyst stock price target of $67.5 does not support the claim that CMS Energy can reach $100 in the near future.

What is CMS Energy's current price target trend?

1 Wall Street analyst forecast a $76 price target for CMS Energy (CMS) this month, up 10.92% from its last price of $68.52. Compared to the last 3 and 12 months, the average price target increased by 8.73% and decreased by -1.28%, respectively.

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 $2.61B (high $2.73B, low $2.48B), average net income is $1.27B (high $1.35B, low $1.19B), average SG&A $156.01M (high $163.08M, low $148.63M), and average EPS is $4.26 (high $4.51, low $4). 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 $2.6B (high $2.72B, low $2.48B), average net income is $1.34B (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, 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%