DTE Energy Company (DTE) Stock Forecast, Price Target & Predictions
DTE Stock Forecast
DTE Energy Company stock forecast is as follows: an average price target of $135.00 (represents a 10.49% upside from DTE’s last price of $122.18) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
DTE Price Target
The average price target for DTE Energy Company (DTE) is $135.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $147.00 to $119.00. This represents a potential 10.49% upside from DTE's last price of $122.18.
DTE Analyst Ratings
According to 12 Wall Street analysts, DTE Energy Company's rating consensus is 'Buy'. The analyst rating breakdown for DTE stock is 0 'Strong Buy' (0.00%), 10 'Buy' (83.33%), 2 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
DTE Energy Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Ryan Levine | Citigroup | $142.00 | $126.63 | 12.14% | 16.22% |
| Oct 22, 2024 | Sophie Karp | KeyBanc | $138.00 | $127.61 | 8.14% | 12.95% |
| Oct 21, 2024 | Julian Dumoulin-Smith | Jefferies | $137.00 | $128.90 | 6.28% | 12.13% |
| Oct 18, 2024 | James Thalacker | BMO Capital | $140.00 | $128.44 | 9.00% | 14.59% |
| Sep 25, 2024 | David Arcaro | Morgan Stanley | $128.00 | $125.20 | 2.24% | 4.76% |
| Sep 10, 2024 | Anthony Crowdell | Mizuho Securities | $133.00 | $125.55 | 5.93% | 8.86% |
| Sep 06, 2024 | James Thalacker | BMO Capital | $135.00 | $123.66 | 9.17% | 10.49% |
| May 20, 2024 | Sophie Karp | KeyBanc | $125.00 | $116.28 | 7.50% | 2.31% |
| Apr 30, 2024 | Nicholas Campanella | Barclays | $119.00 | $110.83 | 7.37% | -2.60% |
| Apr 17, 2024 | James Thalacker | BMO Capital | $113.00 | $103.20 | 9.50% | -7.51% |
The latest DTE Energy Company stock forecast, released on Oct 28, 2024 by Ryan Levine from Citigroup, set a price target of $142.00, which represents a 12.14% increase from the stock price at the time of the forecast ($126.63), and a 16.22% increase from DTE last price ($122.18).
DTE Energy Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 7 | 10 |
| Avg Price Target | $139.00 | $136.14 | $131.00 |
| Last Closing Price | $122.18 | $122.18 | $122.18 |
| Upside/Downside | 13.77% | 11.43% | 7.22% |
In the current month, the average price target of DTE Energy Company stock is $139.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 13.77% increase as opposed to DTE Energy Company's last price of $122.18. This month's average price target is up 2.10% compared to last quarter, and up 6.11% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 22, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Oct 21, 2024 | Jefferies | - | Hold | Initialise |
| Oct 18, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 25, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 16, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Sep 06, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 20, 2024 | Scotiabank | Outperform | Outperform | Hold |
DTE Energy Company's last stock rating was published by Citigroup on Oct 28, 2024. The company gave DTE a "Buy" rating, the same as its previous rate.
DTE Energy Company Financial Forecast
DTE Energy Company 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.39B | $2.89B | $2.68B | $3.78B | $4.48B | $5.25B | $4.92B | $4.58B | $4.65B | $3.71B |
| Avg Forecast | $3.25B | $3.22B | $2.78B | $3.38B | $3.23B | $3.22B | $2.80B | $3.36B | $3.26B | $3.19B | $2.79B | $3.38B | $3.25B | $2.64B | $2.53B | $3.09B | $3.22B | $2.98B | $2.43B | $3.08B | $4.57B | $5.17B | $4.04B | $4.53B | $1.66B | $3.96B | $3.10B | $3.63B | $3.20B | $3.28B |
| High Forecast | $3.69B | $3.66B | $3.16B | $3.83B | $3.67B | $3.66B | $3.18B | $3.81B | $3.70B | $3.62B | $3.17B | $3.83B | $3.70B | $2.99B | $2.87B | $3.14B | $3.69B | $3.11B | $2.43B | $3.17B | $5.15B | $6.29B | $4.59B | $5.14B | $1.88B | $3.96B | $3.10B | $3.63B | $3.20B | $3.28B |
| Low Forecast | $2.84B | $2.82B | $2.44B | $2.96B | $2.83B | $2.82B | $2.45B | $2.94B | $2.86B | $2.79B | $2.44B | $2.96B | $2.85B | $2.31B | $2.22B | $3.03B | $2.51B | $2.85B | $2.43B | $2.98B | $4.34B | $2.34B | $3.54B | $3.96B | $1.45B | $3.96B | $3.10B | $3.63B | $3.20B | $3.28B |
| # 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% | 0.56% | 0.66% | 0.83% | 2.70% | 1.33% | 1.59% | 1.26% | 1.45% | 1.13% |
DTE Energy Company's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.08B, with a low forecast of $2.98B, and a high forecast of $3.17B. DTE's average Quarter revenue forecast represents a -9.36% decrease compared to the company's last Quarter revenue of $3.39B (Dec 23).
DTE Energy Company 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $958.00M | $823.00M | $1.06B | $874.00M | $943.00M | $542.00M | $914.00M | $820.00M | $406.00M |
| Avg Forecast | $763.84M | $757.33M | $653.89M | $793.66M | $759.25M | $757.75M | $658.69M | $790.16M | $767.18M | $750.39M | $656.04M | $794.04M | $765.42M | $619.79M | $595.17M | $726.05M | $758.23M | $701.28M | $571.10M | $723.41M | $1.07B | $1.22B | $950.42M | $1.06B | $796.45M | $961.82M | $752.70M | $805.06M | $777.21M | $796.30M |
| High Forecast | $867.21M | $859.82M | $742.39M | $901.07M | $862.00M | $860.30M | $747.84M | $897.10M | $871.01M | $851.95M | $744.82M | $901.50M | $869.01M | $703.67M | $675.71M | $738.64M | $868.51M | $732.25M | $571.10M | $745.53M | $1.21B | $1.48B | $1.08B | $1.21B | $955.74M | $961.82M | $752.70M | $966.08M | $777.21M | $796.30M |
| Low Forecast | $668.95M | $663.25M | $572.66M | $695.07M | $664.93M | $663.62M | $576.87M | $692.00M | $671.88M | $657.18M | $574.54M | $695.41M | $670.34M | $542.80M | $521.23M | $713.46M | $590.50M | $670.31M | $571.10M | $701.28M | $1.02B | $549.75M | $832.36M | $932.16M | $637.16M | $961.82M | $752.70M | $644.05M | $777.21M | $796.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.79% | 0.87% | 1.00% | 1.10% | 0.98% | 0.72% | 1.14% | 1.06% | 0.51% |
2 analysts predict DTE's average Quarter EBITDA for Mar 24 to be $723.41M, with a high of $745.53M and a low of $701.28M. This is -37.42% lower than DTE Energy Company's previous annual EBITDA (Dec 23) of $1.16B.
DTE Energy Company 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $419.00M | $332.00M | $201.00M | $445.00M | $265.00M | $387.00M | $37.00M | $394.00M | $300.00M | $25.00M |
| Avg Forecast | $400.62M | $596.47M | $301.07M | $538.08M | $377.46M | $568.26M | $278.66M | $511.34M | $350.79M | $529.31M | $250.20M | $474.04M | $381.65M | $436.11M | $290.89M | $392.65M | $340.87M | $388.55M | $250.47M | $345.32M | $405.87M | $338.04M | $182.96M | $260.13M | $297.21M | $325.29M | $207.38M | $344.03M | $194.40M | $380.33M |
| High Forecast | $471.10M | $701.41M | $354.04M | $632.75M | $443.88M | $668.24M | $327.69M | $601.31M | $412.51M | $622.44M | $294.22M | $557.44M | $448.80M | $512.84M | $342.07M | $414.22M | $372.77M | $398.29M | $264.29M | $354.82M | $450.75M | $398.02M | $215.15M | $305.89M | $356.65M | $325.29M | $207.38M | $412.84M | $194.40M | $380.33M |
| Low Forecast | $335.92M | $500.15M | $252.45M | $451.19M | $316.51M | $476.49M | $233.66M | $428.77M | $294.14M | $443.83M | $209.80M | $397.49M | $320.02M | $365.69M | $243.91M | $377.55M | $289.04M | $378.82M | $236.64M | $335.82M | $378.55M | $254.44M | $153.41M | $218.12M | $237.77M | $325.29M | $207.38M | $275.22M | $194.40M | $380.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.98% | 1.10% | 1.71% | 0.89% | 1.19% | 0.18% | 1.15% | 1.54% | 0.07% |
DTE Energy Company's average Quarter net income forecast for Mar 24 is $345.32M, with a range of $335.82M to $354.82M. DTE's average Quarter net income forecast represents a -17.58% decrease compared to the company's last Quarter net income of $419.00M (Dec 23).
DTE Energy Company 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 | $5.90M | $5.85M | $5.05M | $6.13M | $5.86M | $5.85M | $5.09M | $6.10M | $5.92M | $5.79M | $5.07M | $6.13M | $5.91M | $4.79M | $4.60M | $5.61M | $5.85M | $5.41M | $4.41M | $5.59M | $8.29M | $9.39M | $7.34M | $8.22M | $3.01M | $7.20M | $5.63M | $6.59M | $5.81M | $5.96M |
| High Forecast | $6.70M | $6.64M | $5.73M | $6.96M | $6.66M | $6.64M | $5.77M | $6.93M | $6.73M | $6.58M | $5.75M | $6.96M | $6.71M | $5.43M | $5.22M | $5.70M | $6.71M | $5.65M | $4.41M | $5.76M | $9.35M | $11.42M | $8.33M | $9.33M | $3.42M | $7.20M | $5.63M | $6.59M | $5.81M | $5.96M |
| Low Forecast | $5.17M | $5.12M | $4.42M | $5.37M | $5.13M | $5.12M | $4.45M | $5.34M | $5.19M | $5.07M | $4.44M | $5.37M | $5.18M | $4.19M | $4.02M | $5.51M | $4.56M | $5.18M | $4.41M | $5.42M | $7.88M | $4.24M | $6.43M | $7.20M | $2.64M | $7.20M | $5.63M | $6.59M | $5.81M | $5.96M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
DTE Energy Company'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 DTE last annual SG&A of $NaN (undefined).
DTE Energy Company 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.61 | $0.98 | $2.16 | $1.36 | $2.00 | $0.19 | $2.03 | $1.55 | $0.13 |
| Avg Forecast | $1.94 | $2.88 | $1.45 | $2.60 | $1.82 | $2.75 | $1.35 | $2.47 | $1.69 | $2.56 | $1.21 | $2.29 | $1.84 | $2.11 | $1.41 | $1.90 | $1.65 | $1.88 | $1.21 | $1.67 | $1.96 | $1.63 | $0.88 | $1.26 | $1.24 | $1.57 | $1.00 | $2.08 | $0.94 | $1.84 |
| High Forecast | $2.28 | $3.39 | $1.71 | $3.06 | $2.14 | $3.23 | $1.58 | $2.90 | $1.99 | $3.01 | $1.42 | $2.69 | $2.17 | $2.48 | $1.65 | $2.00 | $1.80 | $1.92 | $1.28 | $1.71 | $2.18 | $1.92 | $1.04 | $1.48 | $1.45 | $1.57 | $1.00 | $2.08 | $0.94 | $1.84 |
| Low Forecast | $1.62 | $2.42 | $1.22 | $2.18 | $1.53 | $2.30 | $1.13 | $2.07 | $1.42 | $2.14 | $1.01 | $1.92 | $1.55 | $1.77 | $1.18 | $1.82 | $1.40 | $1.83 | $1.14 | $1.62 | $1.83 | $1.23 | $0.74 | $1.05 | $1.04 | $1.57 | $1.00 | $2.08 | $0.94 | $1.84 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.11% | 1.72% | 1.10% | 1.27% | 0.19% | 0.98% | 1.65% | 0.07% |
According to 4 Wall Street analysts, DTE Energy Company's projected average Quarter EPS for Dec 23 is $1.96, with a low estimate of $1.83 and a high estimate of $2.18. This represents a 21.78% increase compared to DTE previous annual EPS of $1.61 (Sep 23).
DTE Energy Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FE | FirstEnergy | $41.73 | $46.80 | 12.15% | Hold |
| DTE | DTE Energy Company | $122.18 | $135.00 | 10.49% | 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 |
| EIX | Edison | $86.12 | $84.78 | -1.56% | Hold |
| CNP | CenterPoint Energy | $31.57 | $31.00 | -1.81% | Hold |
| AEE | Ameren | $92.24 | $90.08 | -2.34% | Buy |
| PEG | Public Service Enterprise Group | $90.49 | $81.29 | -10.17% | 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 |