CenterPoint Energy (CNP) Stock Forecast, Price Target & Predictions
CNP Stock Forecast
CenterPoint Energy stock forecast is as follows: an average price target of $30.55 (represents a 9.38% upside from CNP’s last price of $27.93) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
CNP Price Target
The average price target for CenterPoint Energy (CNP) is $30.55 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $28.00. This represents a potential 9.38% upside from CNP's last price of $27.93.
CNP Analyst Ratings
According to 8 Wall Street analysts, CenterPoint Energy's rating consensus is 'Hold'. The analyst rating breakdown for CNP stock is 0 'Strong Buy' (0.00%), 3 'Buy' (37.50%), 5 'Hold' (62.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CenterPoint Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Ross Fowler | Bank of America Securities | $29.00 | $27.95 | 3.76% | 3.83% |
| Aug 26, 2024 | James Thalacker | BMO Capital | $28.00 | $27.09 | 3.36% | 0.25% |
| Jul 22, 2024 | Sophie Karp | KeyBanc | $31.00 | $28.96 | 7.04% | 10.99% |
| Jun 26, 2024 | James Thalacker | BMO Capital | $33.00 | $30.50 | 8.20% | 18.15% |
| May 20, 2024 | Sophie Karp | KeyBanc | $33.00 | $30.08 | 9.71% | 18.15% |
| Apr 25, 2024 | James Thalacker | BMO Capital | $32.00 | $28.94 | 10.57% | 14.57% |
| Dec 15, 2022 | - | Morgan Stanley | $31.00 | $30.53 | 1.54% | 10.99% |
| Nov 11, 2022 | - | Morgan Stanley | $29.00 | $29.15 | -0.51% | 3.83% |
| Apr 26, 2022 | - | Credit Suisse | $34.00 | $31.75 | 7.09% | 21.73% |
| Apr 20, 2022 | - | Morgan Stanley | $34.00 | $32.74 | 3.85% | 21.73% |
The latest CenterPoint Energy stock forecast, released on Sep 12, 2024 by Ross Fowler from Bank of America Securities, set a price target of $29.00, which represents a 3.76% increase from the stock price at the time of the forecast ($27.95), and a 3.83% increase from CNP last price ($27.93).
CenterPoint Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 6 |
| Avg Price Target | $28.50 | $30.25 | $31.00 |
| Last Closing Price | $27.93 | $27.93 | $27.93 |
| Upside/Downside | 2.04% | 8.31% | 10.99% |
In the current month, the average price target of CenterPoint Energy stock is $28.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 2.04% increase as opposed to CenterPoint Energy's last price of $27.93. This month's average price target is down -5.79% compared to last quarter, and down -8.06% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 26, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 13, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Aug 02, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Aug 02, 2024 | BMO Capital | Outperform | Market Perform | Downgrade |
| Jul 22, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 17, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Jun 26, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 26, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
CenterPoint Energy's last stock rating was published by BMO Capital on Aug 26, 2024. The company gave CNP a "Market Perform" rating, the same as its previous rate.
CenterPoint Energy Financial Forecast
CenterPoint 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.18B | $1.86B | $1.88B | $2.78B | $2.71B | $1.90B | - | $2.76B | $2.31B | $1.75B |
| Avg Forecast | $2.30B | $2.22B | $2.11B | $2.30B | $2.28B | $2.19B | $2.09B | $2.28B | $2.26B | $2.20B | $2.08B | $2.26B | $2.29B | $2.20B | $1.98B | $2.62B | $2.18B | $2.01B | $1.89B | $2.68B | $2.70B | $2.09B | $1.87B | $2.76B | $1.99B | $1.78B | $1.68B | $2.55B | $1.79B | $1.66B |
| High Forecast | $2.58B | $2.48B | $2.36B | $2.58B | $2.55B | $2.46B | $2.34B | $2.56B | $2.54B | $2.46B | $2.33B | $2.54B | $2.57B | $2.46B | $2.22B | $2.94B | $2.44B | $2.06B | $2.11B | $3.00B | $2.73B | $2.52B | $2.09B | $3.09B | $2.23B | $2.00B | $1.68B | $2.74B | $1.92B | $1.79B |
| Low Forecast | $2.05B | $1.98B | $1.88B | $2.05B | $2.03B | $1.95B | $1.86B | $2.04B | $2.02B | $1.96B | $1.85B | $2.02B | $2.04B | $1.96B | $1.77B | $2.34B | $1.95B | $1.99B | $1.68B | $2.39B | $2.66B | $1.77B | $1.67B | $2.46B | $1.77B | $1.59B | $1.68B | $2.40B | $1.68B | $1.56B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.89% | 1.00% | 1.01% | 1.36% | 1.07% | - | 1.08% | 1.29% | 1.05% |
CenterPoint Energy's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.68B, with a low forecast of $2.39B, and a high forecast of $3.00B. CNP's average Quarter revenue forecast represents a 22.85% increase compared to the company's last Quarter revenue of $2.18B (Dec 23).
CenterPoint 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $678.00M | $905.00M | $401.00M | $873.00M | $617.00M | $721.00M | - | $813.00M | $1.20B | $724.00M |
| Avg Forecast | $686.51M | $661.80M | $628.95M | $686.94M | $680.40M | $654.41M | $623.28M | $681.32M | $676.03M | $656.32M | $620.11M | $675.82M | $684.16M | $656.37M | $591.59M | $783.45M | $651.15M | $600.12M | $563.21M | $1.49B | $804.83M | $623.82M | $557.41M | $1.35B | $593.23M | $686.55M | $502.17M | $1.23B | $854.29M | $624.14M |
| High Forecast | $769.18M | $741.50M | $704.69M | $769.67M | $762.34M | $733.22M | $698.34M | $763.37M | $757.45M | $735.36M | $694.79M | $757.21M | $766.55M | $735.42M | $662.84M | $877.80M | $729.56M | $615.67M | $631.03M | $1.79B | $813.58M | $752.10M | $624.54M | $1.62B | $664.67M | $823.86M | $502.17M | $1.48B | $1.03B | $748.97M |
| Low Forecast | $612.11M | $590.08M | $560.79M | $612.49M | $606.66M | $583.49M | $555.73M | $607.48M | $602.77M | $585.19M | $552.90M | $602.58M | $610.01M | $585.24M | $527.48M | $698.54M | $580.58M | $593.90M | $502.17M | $1.19B | $793.17M | $529.29M | $497.00M | $1.08B | $528.94M | $549.24M | $502.17M | $984.08M | $683.43M | $499.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.45% | 0.72% | 0.65% | 1.04% | 1.05% | - | 0.66% | 1.40% | 1.16% |
2 analysts predict CNP's average Quarter EBITDA for Mar 24 to be $1.49B, with a high of $1.79B and a low of $1.19B. This is 119.53% upper than CenterPoint Energy's previous annual EBITDA (Dec 23) of $678.00M.
CenterPoint 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $192.00M | $282.00M | $118.00M | $325.00M | $134.00M | $202.00M | - | $531.00M | $38.00M | $218.00M |
| Avg Forecast | $382.20M | $334.71M | $271.04M | $385.80M | $358.97M | $308.78M | $248.19M | $363.52M | $268.34M | $333.74M | $214.69M | $375.72M | $195.83M | $326.68M | $231.97M | $360.48M | $184.41M | $284.19M | $207.32M | $655.90M | $205.32M | $225.78M | $171.83M | $596.27M | $183.36M | $206.72M | $171.82M | $542.06M | $467.14M | $187.93M |
| High Forecast | $442.04M | $387.10M | $313.47M | $446.20M | $415.17M | $357.12M | $287.05M | $420.43M | $310.36M | $385.99M | $248.30M | $434.54M | $226.49M | $377.83M | $268.29M | $416.92M | $213.28M | $303.14M | $239.78M | $787.07M | $211.74M | $251.59M | $198.74M | $715.52M | $212.07M | $248.07M | $171.82M | $650.48M | $560.57M | $225.52M |
| Low Forecast | $328.35M | $287.55M | $232.85M | $331.44M | $308.39M | $265.28M | $213.22M | $312.31M | $230.53M | $286.72M | $184.44M | $322.78M | $168.24M | $280.66M | $199.29M | $309.70M | $158.43M | $252.61M | $178.11M | $524.72M | $176.39M | $206.43M | $147.62M | $477.01M | $157.53M | $165.38M | $171.82M | $433.65M | $373.71M | $150.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.25% | 0.69% | 0.55% | 0.73% | 0.98% | - | 0.98% | 0.08% | 1.16% |
CenterPoint Energy's average Quarter net income forecast for Mar 24 is $655.90M, with a range of $524.72M to $787.07M. CNP's average Quarter net income forecast represents a 241.61% increase compared to the company's last Quarter net income of $192.00M (Dec 23).
CenterPoint 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $23.01M | $22.18M | $21.08M | $23.02M | $22.80M | $21.93M | $20.89M | $22.83M | $22.66M | $22.00M | $20.78M | $22.65M | $22.93M | $22.00M | $19.83M | $26.26M | $21.82M | $20.11M | $18.88M | $26.82M | $26.97M | $20.91M | $18.68M | $27.60M | $19.88M | $17.84M | $16.83M | $21.85M | $15.29M | $14.23M |
| High Forecast | $25.78M | $24.85M | $23.62M | $25.79M | $25.55M | $24.57M | $23.40M | $25.58M | $25.39M | $24.65M | $23.29M | $25.38M | $25.69M | $24.65M | $22.21M | $29.42M | $24.45M | $20.63M | $21.15M | $30.05M | $27.27M | $25.21M | $20.93M | $30.92M | $22.28M | $19.99M | $16.83M | $23.45M | $16.41M | $15.28M |
| Low Forecast | $20.51M | $19.78M | $18.79M | $20.53M | $20.33M | $19.56M | $18.63M | $20.36M | $20.20M | $19.61M | $18.53M | $20.19M | $20.44M | $19.61M | $17.68M | $23.41M | $19.46M | $19.90M | $16.83M | $23.91M | $26.58M | $17.74M | $16.66M | $24.60M | $17.73M | $15.91M | $16.83M | $20.52M | $14.36M | $13.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CenterPoint 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 CNP last annual SG&A of $NaN (undefined).
CenterPoint 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.19 | $0.50 | $0.21 | $0.30 | - | $0.82 | $0.06 | $0.32 |
| Avg Forecast | $0.60 | $0.52 | $0.42 | $0.60 | $0.56 | $0.48 | $0.39 | $0.57 | $0.42 | $0.52 | $0.33 | $0.59 | $0.31 | $0.51 | $0.36 | $0.56 | $0.29 | $0.44 | $0.32 | $0.53 | $0.32 | $0.35 | $0.27 | $0.46 | $0.29 | $0.30 | $0.27 | $0.48 | $0.28 | $0.28 |
| High Forecast | $0.69 | $0.60 | $0.49 | $0.70 | $0.65 | $0.56 | $0.45 | $0.66 | $0.48 | $0.60 | $0.39 | $0.68 | $0.35 | $0.59 | $0.42 | $0.65 | $0.33 | $0.47 | $0.37 | $0.61 | $0.33 | $0.39 | $0.31 | $0.54 | $0.33 | $0.35 | $0.27 | $0.52 | $0.31 | $0.31 |
| Low Forecast | $0.51 | $0.45 | $0.36 | $0.52 | $0.48 | $0.41 | $0.33 | $0.49 | $0.36 | $0.45 | $0.29 | $0.50 | $0.26 | $0.44 | $0.31 | $0.48 | $0.25 | $0.39 | $0.28 | $0.45 | $0.27 | $0.32 | $0.23 | $0.40 | $0.25 | $0.26 | $0.27 | $0.44 | $0.26 | $0.26 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | 0.71% | 1.08% | 0.74% | 0.99% | - | 1.72% | 0.22% | 1.14% |
According to 4 Wall Street analysts, CenterPoint Energy's projected average Quarter EPS for Dec 23 is $0.32, with a low estimate of $0.27 and a high estimate of $0.33. This represents a -21.98% decrease compared to CNP previous annual EPS of $0.41 (Sep 23).
CenterPoint Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CNP | CenterPoint Energy | $27.93 | $30.55 | 9.38% | Hold |
| AEE | Ameren | $83.99 | $89.73 | 6.83% | Buy |
| DTE | DTE Energy Company | $125.95 | $133.92 | 6.33% | Buy |
| LNT | Alliant Energy | $59.65 | $61.00 | 2.26% | Buy |
| EVRG | Evergy | $61.06 | $61.33 | 0.44% | Buy |
| FE | FirstEnergy | $44.47 | $44.63 | 0.36% | Buy |
| EIX | Edison | $85.42 | $82.63 | -3.27% | Hold |
| ETR | Entergy | $127.09 | $119.63 | -5.87% | Buy |
| CMS | CMS Energy | $70.09 | $65.85 | -6.05% | Buy |
| PEG | Public Service Enterprise Group | $84.16 | $78.43 | -6.81% | Buy |
| PNW | Pinnacle West Capital | $90.70 | $72.67 | -19.88% | Buy |
| MGEE | MGE Energy | $90.60 | $71.00 | -21.63% | Sell |
CNP Forecast FAQ
Is CenterPoint Energy a good buy?
No, according to 8 Wall Street analysts, CenterPoint Energy (CNP) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 37.50% of CNP's total ratings.
What is CNP's price target?
CenterPoint Energy (CNP) average price target is $30.55 with a range of $28 to $36, implying a 9.38% from its last price of $27.93. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CenterPoint Energy stock go up soon?
According to Wall Street analysts' prediction for CNP stock, the company can go up by 9.38% (from the last price of $27.93 to the average price target of $30.55), up by 28.89% based on the highest stock price target, and up by 0.25% based on the lowest stock price target.
Can CenterPoint Energy stock reach $40?
CNP's average twelve months analyst stock price target of $30.55 does not support the claim that CenterPoint Energy can reach $40 in the near future.
What is CenterPoint Energy's current price target trend?
2 Wall Street analysts forecast a $28.5 price target for CenterPoint Energy (CNP) this month, up 2.04% from its last price of $27.93. Compared to the last 3 and 12 months, the average price target increased by 8.31% and increased by 10.99%, respectively.
What are CenterPoint Energy's analysts' financial forecasts?
CenterPoint Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $8.84B (high $9.91B, low $7.88B), average EBITDA is $2.64B (high $2.96B, low $2.35B), average net income is $1.28B (high $1.48B, low $1.1B), average SG&A $88.46M (high $99.11M, low $78.87M), and average EPS is $1.99 (high $2.31, low $1.71). CNP's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $8.93B (high $10B, low $7.96B), average EBITDA is $2.66B (high $2.99B, low $2.38B), average net income is $1.37B (high $1.59B, low $1.18B), average SG&A $89.29M (high $100.04M, low $79.61M), and average EPS is $2.14 (high $2.48, low $1.84).
Did the CNP's actual financial results beat the analysts' financial forecasts?
Based on CenterPoint Energy's last annual report (Dec 2023), the company's revenue was $8.7B, which missed the average analysts forecast of $9.41B by -7.61%. Apple's EBITDA was $1.8B, missing the average prediction of $3.34B by -45.97%. The company's net income was $917M, missing the average estimation of $1.2B by -23.53%. Apple's SG&A was $0, missing the average forecast of $94.16M by -100.00%. Lastly, the company's EPS was $1.45, beating the average prediction of $1.4 by 3.37%. In terms of the last quarterly report (Dec 2023), CenterPoint Energy's revenue was $2.18B, missing the average analysts' forecast of $2.7B by -19.07%. The company's EBITDA was $678M, missing the average prediction of $804.83M by -15.76%. CenterPoint Energy's net income was $192M, missing the average estimation of $205.32M by -6.49%. The company's SG&A was $0, missing the average forecast of $26.97M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $0.32 by -100.00%