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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 $137.29 (represents a 14.24% upside from DTE’s last price of $120.18) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

DTE Price Target

The average price target for DTE Energy Company (DTE) is $137.29 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $143.00 to $128.00. This represents a potential 14.24% upside from DTE's last price of $120.18.

DTE Analyst Ratings

Buy

According to 13 Wall Street analysts, DTE Energy Company's rating consensus is 'Buy'. The analyst rating breakdown for DTE stock is 0 'Strong Buy' (0.00%), 11 'Buy' (84.62%), 2 'Hold' (15.38%), 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
Dec 03, 2024William AppicelliUBS$143.00$123.6015.70%18.99%
Oct 28, 2024Ryan LevineCitigroup$142.00$126.6312.14%18.16%
Oct 22, 2024Sophie KarpKeyBanc$138.00$127.618.14%14.83%
Oct 21, 2024Julian Dumoulin-SmithJefferies$137.00$128.906.28%14.00%
Oct 18, 2024James ThalackerBMO Capital$140.00$128.449.00%16.49%
Sep 25, 2024David ArcaroMorgan Stanley$128.00$125.202.24%6.51%
Sep 10, 2024Anthony CrowdellMizuho Securities$133.00$125.555.93%10.67%
Sep 06, 2024James ThalackerBMO Capital$135.00$123.669.17%12.33%
May 20, 2024Sophie KarpKeyBanc$125.00$116.287.50%4.01%
Apr 30, 2024Nicholas CampanellaBarclays$119.00$110.837.37%-0.98%
Apr 17, 2024James ThalackerBMO Capital$113.00$103.209.50%-5.97%
Dec 15, 2022Morgan Stanley$130.00$119.508.79%8.17%
Sep 22, 2022Morgan Stanley$139.00$126.759.66%15.66%
Aug 23, 2022Morgan Stanley$141.00$134.364.94%17.32%
Jul 21, 2022Morgan Stanley$131.00$120.888.37%9.00%
Jul 18, 2022Barclays$131.00$125.184.65%9.00%
Jul 11, 2022Mizuho Securities$130.00$124.854.12%8.17%
May 23, 2022Morgan Stanley$137.00$130.504.98%14.00%
May 03, 2022Citigroup$146.00$129.1313.06%21.48%
Apr 29, 2022Wells Fargo$147.00$135.528.47%22.32%
Apr 28, 2022Nicholas CampanellaCredit Suisse$142.00$135.524.78%18.16%
Apr 20, 2022Morgan Stanley$143.00$139.502.51%18.99%
Feb 15, 2022Julien Dumoulin-SmithBank of America Securities$127.00$116.319.19%5.67%
Feb 11, 2022Durgesh ChopraEvercore ISI$128.00$115.3610.96%6.51%
Feb 11, 2022Steve FleishmanWolfe Research$119.00$115.363.16%-0.98%
Feb 11, 2022Neil KaltonWells Fargo$130.00$115.3612.69%8.17%
Jan 10, 2022Anthony CrowdellMizuho Securities$134.00$119.3212.30%11.50%
Jul 06, 2021Andrew WeiselScotiabank$143.00$109.9230.09%18.99%
Jun 09, 2021Shahriar PourrezaGuggenheim$147.00$114.8228.03%22.32%

The latest DTE Energy Company stock forecast, released on Dec 03, 2024 by William Appicelli from UBS, set a price target of $143.00, which represents a 15.70% increase from the stock price at the time of the forecast ($123.60), and a 18.99% increase from DTE last price ($120.18).

DTE Energy Company Price Target by Period

1M3M12M
# Anlaysts1611
Avg Price Target$143.00$138.00$132.09
Last Closing Price$120.18$120.18$120.18
Upside/Downside18.99%14.83%9.91%

In the current month, the average price target of DTE Energy Company stock is $143.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.99% increase as opposed to DTE Energy Company's last price of $120.18. This month's average price target is up 3.62% compared to last quarter, and up 8.26% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 03, 2024UBSBuyUpgrade
Oct 28, 2024CitigroupBuyBuyHold
Oct 22, 2024KeyBancOverweightOverweightHold
Oct 21, 2024JefferiesHoldInitialise
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
Jul 30, 2024BarclaysOverweightOverweightHold
Jul 22, 2024KeyBancOverweightOverweightHold
Jul 15, 2024BMO CapitalMarket PerformMarket PerformHold
May 28, 2024Morgan StanleyOverweightOverweightHold
May 20, 2024KeyBancOverweightOverweightHold
Apr 17, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 16, 2024Bank of America SecuritiesBuyBuyHold
Apr 15, 2024BarclaysOverweightOverweightHold
Feb 13, 2024BarclaysOverweightOverweightHold
Jan 23, 2024CFRABuyUpgrade
Oct 06, 2023BMO CapitalPerformPerformHold
Oct 05, 2023KeyBancOverweightUpgrade
Dec 15, 2022Morgan StanleyOverweightOverweightHold
Dec 08, 2022Wolfe ResearchOutperformUpgrade
Sep 22, 2022Morgan StanleyOverweightOverweightHold
Aug 23, 2022Morgan StanleyOverweightOverweightHold
Jul 21, 2022Morgan StanleyOverweightOverweightHold
Jul 18, 2022BarclaysEqual-WeightEqual-WeightHold
May 23, 2022Morgan StanleyOverweightOverweightHold
May 23, 2022Credit SuisseNeutralOutperformUpgrade
Apr 29, 2022Wells FargoOverweightOverweightHold
Feb 18, 2022Morgan StanleyOverweightOverweightHold

DTE Energy Company's last stock rating was published by UBS on Dec 03, 2024. The company Upgrade its DTE rating from "null" to "Buy".

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$3.17B$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$3.70B$3.67B$3.17B$3.85B$3.68B$3.67B$3.19B$3.83B$3.72B$3.64B$3.18B$3.85B$3.71B$3.00B$2.88B$3.15B$3.72B$3.11B$2.43B$3.17B$5.15B$6.29B$4.61B$5.16B$1.89B$3.96B$3.10B$3.63B$3.20B$3.28B
Low Forecast$2.94B$2.92B$2.52B$3.06B$2.93B$2.92B$2.54B$3.05B$2.96B$2.89B$2.53B$3.06B$2.95B$2.39B$2.29B$3.05B$2.33B$2.85B$2.43B$2.98B$4.34B$2.34B$3.66B$4.10B$1.50B$3.96B$3.10B$3.63B$3.20B$3.28B
# Analysts111111111111111242224422111122
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
# Analysts111111111111111242224422111122
EBITDA--------------------$1.16B$958.00M$823.00M$1.06B$874.00M$943.00M$542.00M$914.00M$820.00M$406.00M
Avg Forecast$760.83M$754.35M$651.32M$790.53M$756.26M$754.76M$656.10M$787.05M$764.16M$747.44M$653.45M$790.91M$762.41M$617.35M$592.82M$723.19M$741.92M$698.52M$568.85M$720.56M$1.07B$1.21B$946.68M$1.06B$796.45M$961.82M$752.70M$805.06M$777.21M$796.30M
High Forecast$867.13M$859.74M$742.32M$900.98M$861.92M$860.22M$747.77M$897.01M$870.93M$851.87M$744.75M$901.42M$868.93M$703.60M$675.65M$737.87M$870.95M$729.37M$568.85M$742.59M$1.21B$1.47B$1.08B$1.21B$955.74M$961.82M$752.70M$966.08M$777.21M$796.30M
Low Forecast$689.66M$683.79M$590.39M$716.59M$685.52M$684.17M$594.73M$713.43M$692.68M$677.52M$592.33M$716.93M$691.09M$559.60M$537.37M$714.81M$546.07M$667.67M$568.85M$698.52M$1.02B$547.58M$858.13M$961.02M$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 $720.56M, with a high of $742.59M and a low of $698.52M. This is -37.67% 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
# Analysts111111111111111242224422111122
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$388.27M$427.24M$292.37M$393.83M$325.72M$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$473.38M$704.81M$355.76M$635.81M$446.02M$671.47M$329.28M$604.22M$414.51M$625.45M$295.65M$560.14M$458.80M$504.84M$345.47M$413.20M$363.06M$398.29M$264.29M$354.82M$450.75M$398.02M$216.19M$307.37M$356.65M$325.29M$207.38M$412.84M$194.40M$380.33M
Low Forecast$351.90M$523.94M$264.46M$472.65M$331.56M$499.16M$244.78M$449.16M$308.14M$464.95M$219.78M$416.40M$341.06M$375.29M$256.82M$383.07M$300.82M$378.82M$236.64M$335.82M$378.55M$254.44M$160.71M$228.49M$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
# Analysts111111111111111242224422111122
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$5.75M$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$6.72M$6.66M$5.75M$6.98M$6.68M$6.67M$5.80M$6.95M$6.75M$6.60M$5.77M$6.99M$6.74M$5.45M$5.24M$5.72M$6.75M$5.65M$4.41M$5.76M$9.35M$11.42M$8.36M$9.37M$3.43M$7.20M$5.63M$6.59M$5.81M$5.96M
Low Forecast$5.35M$5.30M$4.58M$5.56M$5.31M$5.30M$4.61M$5.53M$5.37M$5.25M$4.59M$5.56M$5.36M$4.34M$4.17M$5.54M$4.23M$5.18M$4.41M$5.42M$7.88M$4.24M$6.65M$7.45M$2.73M$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
# Analysts111111111111111242224422111122
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$1.88$2.06$1.41$1.90$1.57$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$2.29$3.40$1.72$3.07$2.15$3.24$1.59$2.92$2.00$3.02$1.43$2.71$2.22$2.44$1.67$2.00$1.75$1.92$1.28$1.71$2.18$1.92$1.04$1.48$1.46$1.57$1.00$2.08$0.94$1.84
Low Forecast$1.70$2.53$1.28$2.28$1.60$2.41$1.18$2.17$1.49$2.25$1.06$2.01$1.65$1.81$1.24$1.85$1.45$1.83$1.14$1.62$1.83$1.23$0.78$1.10$1.09$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
ETREntergy$74.84$140.2587.40%Buy
FEFirstEnergy$39.84$47.6719.65%Hold
DTEDTE Energy Company$120.70$137.2913.74%Buy
EVRGEvergy$61.50$68.5011.38%Buy
EIXEdison$80.50$89.0010.56%Hold
CMSCMS Energy$67.04$73.409.49%Buy
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
AEEAmeren$88.68$90.001.49%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
PEGPublic Service Enterprise Group$85.45$84.25-1.40%Buy
MGEEMGE Energy$95.75$71.00-25.85%Sell

DTE Forecast FAQ

Is DTE Energy Company a good buy?

Yes, according to 13 Wall Street analysts, DTE Energy Company (DTE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 84.62% of DTE's total ratings.

What is DTE's price target?

DTE Energy Company (DTE) average price target is $137.29 with a range of $128 to $143, implying a 14.24% from its last price of $120.18. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will DTE Energy Company stock go up soon?

According to Wall Street analysts' prediction for DTE stock, the company can go up by 14.24% (from the last price of $120.18 to the average price target of $137.29), up by 18.99% based on the highest stock price target, and up by 6.51% based on the lowest stock price target.

Can DTE Energy Company stock reach $200?

DTE's average twelve months analyst stock price target of $137.29 does not support the claim that DTE Energy Company can reach $200 in the near future.

What is DTE Energy Company's current price target trend?

1 Wall Street analyst forecast a $143 price target for DTE Energy Company (DTE) this month, up 18.99% from its last price of $120.18. Compared to the last 3 and 12 months, the average price target increased by 14.83% and increased by 9.91%, respectively.

What are DTE Energy Company's analysts' financial forecasts?

DTE Energy Company's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $12.61B (high $14.37B, low $11.43B), average EBITDA is $2.95B (high $3.37B, low $2.68B), average net income is $1.74B (high $2.05B, low $1.52B), average SG&A $22.9M (high $26.1M, low $20.76M), and average EPS is $8.39 (high $9.91, low $7.37). DTE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $12.62B (high $14.39B, low $11.44B), average EBITDA is $2.96B (high $3.37B, low $2.68B), average net income is $1.84B (high $2.17B, low $1.61B), average SG&A $22.92M (high $26.13M, low $20.78M), and average EPS is $8.87 (high $10.48, low $7.79).

Did the DTE's actual financial results beat the analysts' financial forecasts?

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 $4.29B by -7.59%. 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 $1.07B by 8.06%. 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%