DTE Energy Company (DTE) Stock Forecast, Price Target & Predictions


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DTE Stock Forecast


DTE Energy Company stock forecast is as follows: an average price target of $135.00 (represents a 10.99% upside from DTE’s last price of $121.63) 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 10.99% upside from DTE's last price of $121.63.

DTE Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Ryan LevineCitigroup$142.00$126.6312.14%16.75%
Oct 22, 2024Sophie KarpKeyBanc$138.00$127.618.14%13.46%
Oct 21, 2024Julian Dumoulin-SmithJefferies$137.00$128.906.28%12.64%
Oct 18, 2024James ThalackerBMO Capital$140.00$128.449.00%15.10%
Sep 25, 2024David ArcaroMorgan Stanley$128.00$125.202.24%5.24%
Sep 10, 2024Anthony CrowdellMizuho Securities$133.00$125.555.93%9.35%
Sep 06, 2024James ThalackerBMO Capital$135.00$123.669.17%10.99%
May 20, 2024Sophie KarpKeyBanc$125.00$116.287.50%2.77%
Apr 30, 2024Nicholas CampanellaBarclays$119.00$110.837.37%-2.16%
Apr 17, 2024James ThalackerBMO Capital$113.00$103.209.50%-7.10%
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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 16.75% increase from DTE last price ($121.63).

DTE Energy Company Price Target by Period


1M3M12M
# Anlaysts4710
Avg Price Target$139.25$136.14$131.00
Last Closing Price$121.63$121.63$121.63
Upside/Downside14.49%11.93%7.70%

In the current month, the average price target of DTE Energy Company stock is $139.25, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 14.49% increase as opposed to DTE Energy Company's last price of $121.63. This month's average price target is up 2.28% compared to last quarter, and up 6.30% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024CitigroupBuyBuyHold
Oct 22, 2024KeyBancOverweightOverweightHold
Oct 21, 2024Jefferies-HoldInitialise
Oct 18, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 07, 2024BarclaysOverweightOverweightHold
Sep 25, 2024Morgan StanleyOverweightOverweightHold
Sep 16, 2024KeyBancOverweightOverweightHold
Sep 06, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 23, 2024Morgan StanleyOverweightOverweightHold
Aug 20, 2024ScotiabankOutperformOutperformHold
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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 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--------------------$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$3.66B$3.63B$3.14B$3.81B$3.64B$3.63B$3.16B$3.79B$3.68B$3.60B$3.15B$3.81B$3.67B$2.97B$2.85B$3.14B$3.69B$3.11B$2.43B$3.17B$5.15B$6.29B$4.56B$5.10B$1.87B$3.96B$3.10B$3.63B$3.20B$3.28B
Low Forecast$2.78B$2.76B$2.38B$2.89B$2.76B$2.76B$2.40B$2.88B$2.79B$2.73B$2.39B$2.89B$2.79B$2.26B$2.17B$3.03B$2.51B$2.85B$2.43B$2.98B$4.34B$2.34B$3.46B$3.88B$1.42B$3.96B$3.10B$3.63B$3.20B$3.28B
# Analysts111111111111111331224422111122
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 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
# Analysts111111111111111331224422111122
EBITDA--------------------$1.16B$958.00M$823.00M$1.06B$874.00M$943.00M$542.00M$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$639.75M$614.33M$749.44M$782.65M$723.86M$589.50M$746.70M$1.11B$1.25B$981.03M$1.10B$796.45M$961.82M$752.70M$805.06M$777.21M$796.30M
High Forecast$889.00M$881.43M$761.04M$923.71M$883.66M$881.91M$766.62M$919.63M$892.90M$873.35M$763.54M$924.15M$890.85M$721.35M$692.69M$762.43M$896.48M$755.83M$589.50M$769.54M$1.25B$1.53B$1.11B$1.24B$955.74M$961.82M$752.70M$966.08M$777.21M$796.30M
Low Forecast$675.10M$669.34M$577.92M$701.45M$671.04M$669.71M$582.16M$698.36M$678.05M$663.21M$579.82M$701.79M$676.50M$547.78M$526.02M$736.44M$609.51M$691.90M$589.50M$723.87M$1.05B$567.45M$840.00M$940.72M$637.16M$961.82M$752.70M$644.05M$777.21M$796.30M
Surprise %--------------------1.04%0.76%0.84%0.97%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 $746.70M, with a high of $769.54M and a low of $723.87M. This is -35.41% lower than DTE Energy Company's previous annual EBITDA (Dec 23) of $1.16B.

DTE Energy Company 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
# Analysts111111111111111331224422111122
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$467.04M$695.37M$350.99M$627.29M$440.05M$662.48M$324.87M$596.13M$408.96M$617.08M$291.69M$552.64M$444.93M$508.43M$339.12M$411.96M$372.77M$398.29M$264.29M$354.82M$450.75M$398.02M$213.29M$303.26M$356.65M$325.29M$207.38M$412.84M$194.40M$380.33M
Low Forecast$325.75M$485.00M$244.81M$437.52M$306.92M$462.06M$226.59M$415.78M$285.24M$430.39M$203.44M$385.45M$310.33M$354.61M$236.53M$375.48M$289.04M$378.82M$236.64M$335.82M$378.55M$254.44M$148.77M$211.51M$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 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
# Analysts111111111111111331224422111122
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$6.65M$6.59M$5.69M$6.91M$6.61M$6.60M$5.73M$6.88M$6.68M$6.53M$5.71M$6.91M$6.66M$5.40M$5.18M$5.70M$6.71M$5.65M$4.41M$5.76M$9.35M$11.42M$8.27M$9.27M$3.39M$7.20M$5.63M$6.59M$5.81M$5.96M
Low Forecast$5.05M$5.01M$4.32M$5.25M$5.02M$5.01M$4.35M$5.22M$5.07M$4.96M$4.34M$5.25M$5.06M$4.10M$3.93M$5.51M$4.56M$5.18M$4.41M$5.42M$7.88M$4.24M$6.28M$7.04M$2.58M$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 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
# Analysts111111111111111331224422111122
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$2.26$3.36$1.70$3.03$2.13$3.20$1.57$2.88$1.98$2.98$1.41$2.67$2.15$2.46$1.64$1.99$1.80$1.92$1.28$1.71$2.18$1.92$1.03$1.47$1.44$1.57$1.00$2.08$0.94$1.84
Low Forecast$1.57$2.34$1.18$2.11$1.48$2.23$1.09$2.01$1.38$2.08$0.98$1.86$1.50$1.71$1.14$1.81$1.40$1.83$1.14$1.62$1.83$1.23$0.72$1.02$1.00$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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FEFirstEnergy$41.55$46.8012.64%Hold
DTEDTE Energy Company$121.63$135.0010.99%Buy
LNTAlliant Energy$57.51$63.3810.21%Buy
EVRGEvergy$59.79$64.257.46%Buy
CNPCenterPoint Energy$29.02$31.006.82%Hold
AEEAmeren$86.02$90.084.72%Buy
EIXEdison$81.00$84.784.67%Hold
PEGPublic Service Enterprise Group$81.87$81.29-0.71%Buy
CMSCMS Energy$68.39$66.85-2.25%Buy
ETREntergy$142.43$127.67-10.36%Buy
PNWPinnacle West Capital$85.71$75.89-11.46%Buy
MGEEMGE Energy$89.10$71.00-20.31%Sell

DTE Forecast FAQ


Yes, according to 12 Wall Street analysts, DTE Energy Company (DTE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 83.33% of DTE's total ratings.

DTE Energy Company (DTE) average price target is $135 with a range of $119 to $147, implying a 10.99% from its last price of $121.63. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DTE stock, the company can go up by 10.99% (from the last price of $121.63 to the average price target of $135), up by 20.86% based on the highest stock price target, and down by -2.16% based on the lowest stock price target.

DTE's average twelve months analyst stock price target of $135 does not support the claim that DTE Energy Company can reach $200 in the near future.

4 Wall Street analysts forecast a $139.25 price target for DTE Energy Company (DTE) this month, up 14.49% from its last price of $121.63. Compared to the last 3 and 12 months, the average price target increased by 11.93% and increased by 7.70%, respectively.

DTE Energy Company's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.61B (high $14.22B, low $10.8B), average EBITDA is $3.06B (high $3.45B, low $2.62B), average net income is $1.74B (high $2.02B, low $1.41B), average SG&A $22.9M (high $25.82M, low $19.61M), and average EPS is $8.39 (high $9.78, low $6.82). DTE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.62B (high $14.23B, low $10.81B), average EBITDA is $3.06B (high $3.46B, low $2.62B), average net income is $1.84B (high $2.14B, low $1.49B), average SG&A $22.92M (high $25.85M, low $19.63M), and average EPS is $8.87 (high $10.34, low $7.21).

Based on DTE Energy Company'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 Company'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 Company'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%