DTE Energy (DTE) Stock Forecast, Price Target & Predictions
DTE Stock Forecast
DTE Energy stock forecast is as follows: an average price target of $133.69 (represents a 8.52% upside from DTE’s last price of $123.19) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
DTE Price Target
The average price target for DTE Energy (DTE) is $133.69 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $147.00 to $119.00. This represents a potential 8.52% upside from DTE's last price of $123.19.
DTE Analyst Ratings
According to 10 Wall Street analysts, DTE Energy's rating consensus is 'Buy'. The analyst rating breakdown for DTE stock is 0 'Strong Buy' (0.00%), 9 'Buy' (90.00%), 1 'Hold' (10.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
DTE Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | James Thalacker | BMO Capital | $135.00 | $123.66 | 9.17% | 9.59% |
| May 20, 2024 | Sophie Karp | KeyBanc | $125.00 | $116.28 | 7.50% | 1.47% |
| Apr 30, 2024 | Nicholas Campanella | Barclays | $119.00 | $110.83 | 7.37% | -3.40% |
| Apr 17, 2024 | James Thalacker | BMO Capital | $113.00 | $103.20 | 9.50% | -8.27% |
| Dec 15, 2022 | - | Morgan Stanley | $130.00 | $119.50 | 8.79% | 5.53% |
| Sep 22, 2022 | - | Morgan Stanley | $139.00 | $126.75 | 9.66% | 12.83% |
| Aug 23, 2022 | - | Morgan Stanley | $141.00 | $134.36 | 4.94% | 14.46% |
| Jul 21, 2022 | - | Morgan Stanley | $131.00 | $120.88 | 8.37% | 6.34% |
| Jul 18, 2022 | - | Barclays | $131.00 | $125.18 | 4.65% | 6.34% |
| Jul 11, 2022 | - | Mizuho Securities | $130.00 | $124.85 | 4.12% | 5.53% |
The latest DTE Energy stock forecast, released on Sep 06, 2024 by James Thalacker from BMO Capital, set a price target of $135.00, which represents a 9.17% increase from the stock price at the time of the forecast ($123.66), and a 9.59% increase from DTE last price ($123.19).
DTE Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $135.00 | $135.00 | $123.00 |
| Last Closing Price | $123.19 | $123.19 | $123.19 |
| Upside/Downside | 9.59% | 9.59% | -0.15% |
In the current month, the average price target of DTE Energy stock is $135.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.59% increase as opposed to DTE Energy's last price of $123.19. This month's average price target is down 0.00% compared to last quarter, and up 9.76% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jul 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 22, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 15, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 20, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Apr 17, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 16, 2024 | Bank of America Securities | Buy | Buy | Hold |
DTE Energy's last stock rating was published by BMO Capital on Sep 06, 2024. The company gave DTE a "Market Perform" rating, the same as its previous rate.
DTE Energy Financial Forecast
DTE 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.39B | $2.89B | $2.68B | $3.78B | $4.48B | $5.25B | - | $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 | $3.25B | $2.54B | $3.24B | $2.99B | $2.72B | $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 | $3.66B | $3.63B | $3.13B | $3.80B | $3.64B | $3.63B | $3.15B | $3.78B | $3.67B | $3.59B | $3.14B | $3.80B | $3.67B | $3.66B | $2.86B | $3.65B | $3.37B | $3.25B | $2.73B | $3.46B | $5.15B | $6.29B | $4.55B | $5.10B | $1.87B | $4.46B | $3.10B | $4.52B | $3.99B | $4.09B |
| Low Forecast | $2.92B | $2.90B | $2.50B | $3.04B | $2.91B | $2.90B | $2.52B | $3.03B | $2.94B | $2.87B | $2.51B | $3.04B | $2.93B | $2.93B | $2.29B | $2.92B | $2.70B | $2.21B | $2.19B | $2.77B | $4.34B | $2.34B | $3.64B | $4.08B | $1.49B | $3.57B | $3.10B | $2.85B | $2.52B | $2.58B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 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% | - | 1.26% | 1.45% | 1.13% |
DTE Energy's average Quarter revenue forecast for Mar 24 based on 2 analysts is $3.08B, with a low forecast of $2.77B, and a high forecast of $3.46B. 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 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 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.16B | $958.00M | $823.00M | $1.06B | $874.00M | $943.00M | - | $914.00M | $820.00M | $406.00M |
| Avg Forecast | $788.44M | $781.72M | $674.95M | $819.22M | $783.70M | $782.15M | $679.90M | $815.61M | $791.89M | $774.56M | $677.17M | $819.61M | $790.07M | $788.62M | $616.08M | $786.31M | $726.59M | $659.93M | $589.50M | $746.70M | $1.11B | $1.25B | $981.03M | $1.10B | $402.35M | $400.47M | $752.70M | $805.06M | $724.04M | $428.31M |
| High Forecast | $887.77M | $880.21M | $759.99M | $922.43M | $882.44M | $880.69M | $765.56M | $918.36M | $891.66M | $872.14M | $762.48M | $922.88M | $889.61M | $887.97M | $693.70M | $885.38M | $818.14M | $788.86M | $663.77M | $840.78M | $1.25B | $1.53B | $1.10B | $1.24B | $453.04M | $480.56M | $752.70M | $966.08M | $868.85M | $513.97M |
| Low Forecast | $709.88M | $703.83M | $607.70M | $737.59M | $705.62M | $704.22M | $612.16M | $734.34M | $712.99M | $697.38M | $609.70M | $737.95M | $711.35M | $710.04M | $554.70M | $707.97M | $654.20M | $535.37M | $530.76M | $672.31M | $1.05B | $567.45M | $883.29M | $989.19M | $362.26M | $320.37M | $752.70M | $644.05M | $579.23M | $342.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.76% | 0.84% | 0.97% | 2.17% | 2.35% | - | 1.14% | 1.13% | 0.95% |
2 analysts predict DTE's average Quarter EBITDA for Mar 24 to be $746.70M, with a high of $840.78M and a low of $672.31M. This is -35.41% lower than DTE Energy's previous annual EBITDA (Dec 23) of $1.16B.
DTE 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 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $419.00M | $332.00M | $201.00M | $445.00M | $265.00M | $387.00M | - | $394.00M | $300.00M | $25.00M |
| Avg Forecast | $498.17M | $488.81M | $325.63M | $548.47M | $471.91M | $451.61M | $287.61M | $520.66M | $447.12M | $411.93M | $254.61M | $488.52M | $408.62M | $395.37M | $293.65M | $407.13M | $392.20M | $366.92M | $250.47M | $345.32M | $405.87M | $338.04M | $182.96M | $260.13M | $255.80M | $24.66M | $207.38M | $344.03M | $270.19M | $26.37M |
| High Forecast | $579.76M | $568.87M | $378.97M | $638.30M | $549.20M | $525.58M | $334.71M | $605.93M | $520.35M | $479.40M | $296.31M | $568.53M | $475.54M | $460.13M | $341.74M | $473.81M | $456.44M | $397.50M | $291.49M | $401.88M | $450.75M | $398.02M | $212.92M | $302.73M | $297.69M | $29.59M | $207.38M | $412.84M | $324.23M | $31.65M |
| Low Forecast | $433.64M | $425.50M | $283.45M | $477.43M | $410.78M | $393.12M | $250.35M | $453.22M | $389.21M | $358.57M | $221.63M | $425.24M | $355.69M | $344.16M | $255.61M | $354.40M | $341.40M | $332.27M | $218.02M | $300.59M | $378.55M | $254.44M | $159.26M | $226.43M | $222.66M | $19.73M | $207.38M | $275.22M | $216.15M | $21.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.98% | 1.10% | 1.71% | 1.04% | 15.69% | - | 1.15% | 1.11% | 0.95% |
DTE Energy's average Quarter net income forecast for Mar 24 is $345.32M, with a range of $300.59M to $401.88M. 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 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 | 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 | $5.90M | $4.61M | $5.88M | $5.44M | $4.94M | $4.41M | $5.59M | $8.29M | $9.39M | $7.34M | $8.22M | $3.01M | $7.20M | $5.63M | $6.08M | $5.36M | $5.49M |
| High Forecast | $6.64M | $6.58M | $5.69M | $6.90M | $6.60M | $6.59M | $5.73M | $6.87M | $6.67M | $6.52M | $5.70M | $6.90M | $6.65M | $6.64M | $5.19M | $6.62M | $6.12M | $5.90M | $4.97M | $6.29M | $9.35M | $11.42M | $8.26M | $9.25M | $3.39M | $8.10M | $5.63M | $7.57M | $6.68M | $6.84M |
| Low Forecast | $5.31M | $5.27M | $4.55M | $5.52M | $5.28M | $5.27M | $4.58M | $5.49M | $5.33M | $5.22M | $4.56M | $5.52M | $5.32M | $5.31M | $4.15M | $5.30M | $4.89M | $4.00M | $3.97M | $5.03M | $7.88M | $4.24M | $6.61M | $7.40M | $2.71M | $6.48M | $5.63M | $4.78M | $4.21M | $4.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
DTE 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 DTE last annual SG&A of $NaN (undefined).
DTE 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 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.61 | $0.98 | $2.16 | $1.36 | $2.00 | - | $2.03 | $1.55 | $0.13 |
| Avg Forecast | $2.41 | $2.36 | $1.57 | $2.65 | $2.28 | $2.18 | $1.39 | $2.52 | $2.16 | $1.99 | $1.23 | $2.36 | $1.97 | $1.91 | $1.42 | $1.97 | $1.89 | $1.77 | $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 | $2.80 | $2.75 | $1.83 | $3.08 | $2.65 | $2.54 | $1.62 | $2.93 | $2.51 | $2.32 | $1.43 | $2.75 | $2.30 | $2.22 | $1.65 | $2.29 | $2.21 | $1.92 | $1.41 | $1.94 | $2.18 | $1.92 | $1.03 | $1.46 | $1.44 | $1.83 | $1.00 | $2.75 | $1.24 | $2.42 |
| Low Forecast | $2.09 | $2.06 | $1.37 | $2.31 | $1.98 | $1.90 | $1.21 | $2.19 | $1.88 | $1.73 | $1.07 | $2.05 | $1.72 | $1.66 | $1.23 | $1.71 | $1.65 | $1.61 | $1.05 | $1.45 | $1.83 | $1.23 | $0.77 | $1.09 | $1.08 | $1.37 | $1.00 | $1.50 | $0.68 | $1.33 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.11% | 1.72% | 1.10% | 1.27% | - | 0.98% | 1.65% | 0.07% |
According to 4 Wall Street analysts, DTE Energy'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 Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CNP | CenterPoint Energy | $27.28 | $30.70 | 12.54% | Hold |
| DTE | DTE Energy Company | $123.19 | $133.69 | 8.52% | Buy |
| AEE | Ameren | $83.16 | $89.73 | 7.90% | Buy |
| LNT | Alliant Energy | $58.58 | $61.00 | 4.13% | Buy |
| FE | FirstEnergy | $44.19 | $44.57 | 0.86% | Buy |
| EVRG | Evergy | $59.76 | $59.33 | -0.72% | Buy |
| ETR | Entergy | $121.90 | $119.63 | -1.86% | Buy |
| CMS | CMS Energy | $68.01 | $65.85 | -3.18% | Buy |
| PEG | Public Service Enterprise Group | $79.94 | $77.33 | -3.26% | Buy |
| EIX | Edison | $86.65 | $80.75 | -6.81% | Hold |
| PNW | Pinnacle West Capital | $87.81 | $72.67 | -17.24% | Buy |
| MGEE | MGE Energy | $86.40 | $71.00 | -17.82% | Sell |
DTE Forecast FAQ
Is DTE Energy a good buy?
Yes, according to 10 Wall Street analysts, DTE Energy (DTE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 90.00% of DTE's total ratings.
What is DTE's price target?
DTE Energy (DTE) average price target is $133.69 with a range of $119 to $147, implying a 8.52% from its last price of $123.19. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will DTE Energy stock go up soon?
According to Wall Street analysts' prediction for DTE stock, the company can go up by 8.52% (from the last price of $123.19 to the average price target of $133.69), up by 19.33% based on the highest stock price target, and down by -3.40% based on the lowest stock price target.
Can DTE Energy stock reach $200?
DTE's average twelve months analyst stock price target of $133.69 does not support the claim that DTE Energy can reach $200 in the near future.
What is DTE Energy's current price target trend?
1 Wall Street analyst forecast a $135 price target for DTE Energy (DTE) this month, up 9.59% from its last price of $123.19. Compared to the last 3 and 12 months, the average price target increased by 9.59% and decreased by -0.15%, respectively.
What are DTE Energy's analysts' financial forecasts?
DTE Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.61B (high $14.2B, low $11.36B), average EBITDA is $3.06B (high $3.45B, low $2.76B), average net income is $1.73B (high $2.02B, low $1.51B), average SG&A $22.9M (high $25.79M, low $20.62M), and average EPS is $8.37 (high $9.74, low $7.28). DTE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.62B (high $14.22B, low $11.37B), average EBITDA is $3.06B (high $3.45B, low $2.76B), average net income is $1.86B (high $2.17B, low $1.62B), average SG&A $22.92M (high $25.81M, low $20.64M), and average EPS is $8.99 (high $10.46, low $7.83).
Did the DTE's actual financial results beat the analysts' financial forecasts?
Based on DTE Energy's last annual report (Dec 2023), the company's revenue was $12.74B, which missed the average analysts forecast of $18.31B by -30.38%. Apple's EBITDA was $3.96B, missing the average prediction of $4.44B by -10.83%. The company's net income was $1.4B, beating the average estimation of $1.19B by 17.69%. Apple's SG&A was $0, missing the average forecast of $33.24M by -100.00%. Lastly, the company's EPS was $6.76, beating the average prediction of $5.73 by 17.89%. In terms of the last quarterly report (Dec 2023), DTE Energy's revenue was $3.39B, missing the average analysts' forecast of $4.57B by -25.69%. The company's EBITDA was $1.16B, beating the average prediction of $1.11B by 4.28%. DTE Energy's net income was $419M, beating the average estimation of $405.87M by 3.24%. The company's SG&A was $0, missing the average forecast of $8.29M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.96 by -100.00%