DT Midstream (DTM) Stock Forecast, Price Target & Predictions


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DTM Stock Forecast


DT Midstream stock forecast is as follows: an average price target of $67.00 (represents a -25.45% downside from DTM’s last price of $89.87) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

DTM Price Target


The average price target for DT Midstream (DTM) is $67.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $46.00. This represents a potential -25.45% downside from DTM's last price of $89.87.

DTM Analyst Ratings


Buy

According to 6 Wall Street analysts, DT Midstream's rating consensus is 'Buy'. The analyst rating breakdown for DTM stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 2 'Hold' (33.33%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).

DT Midstream Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Selman AkyokStifel Nicolaus$89.00$89.30-0.34%-0.97%
Oct 03, 2024Q3 EBITDABarclays$85.00$81.484.32%-5.42%
Jul 30, 2024Robert MoscaMizuho Securities$72.00$74.22-2.99%-19.88%
Jul 17, 2024Theresa ChenBarclays$72.00$71.101.27%-19.88%
Jun 04, 2024Michael BlumWells Fargo$77.00$66.8615.17%-14.32%
Apr 05, 2024Theresa ChenBarclays$66.00$63.424.07%-26.56%
Feb 16, 2024John MacKayGoldman Sachs$46.00$52.43-12.26%-48.81%
Feb 16, 2024Keith StanleyWolfe Research$53.00$52.431.09%-41.03%
Feb 16, 2024Selman AkyolStifel Nicolaus$60.00$52.4314.44%-33.24%
Jul 10, 2023Spiro DounisCitigroup$54.00$50.457.04%-39.91%
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The latest DT Midstream stock forecast, released on Oct 30, 2024 by Selman Akyok from Stifel Nicolaus, set a price target of $89.00, which represents a -0.34% decrease from the stock price at the time of the forecast ($89.30), and a -0.97% decrease from DTM last price ($89.87).

DT Midstream Price Target by Period


1M3M12M
# Anlaysts129
Avg Price Target$89.00$87.00$68.89
Last Closing Price$89.87$89.87$89.87
Upside/Downside-0.97%-3.19%-23.34%

In the current month, the average price target of DT Midstream stock is $89.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -0.97% decrease as opposed to DT Midstream's last price of $89.87. This month's average price target is up 2.30% compared to last quarter, and up 29.19% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 03, 2024BarclaysOverweightOverweightHold
Sep 04, 2024CitigroupNeutralNeutralHold
Jul 17, 2024BarclaysOverweightOverweightHold
Jun 04, 2024Wells FargoEqual-WeightOverweightUpgrade
Apr 05, 2024BarclaysOverweightOverweightHold
Feb 16, 2024Wolfe Research-UnderperformDowngrade
Feb 16, 2024Raymond JamesOutperformOutperformHold
Feb 16, 2024Morgan StanleyUnderweightUnderweightHold
Jul 10, 2023Raymond JamesNeutralNeutralHold
Mar 02, 2023Keefe, Bruyette & Woods-Market PerformUpgrade
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DT Midstream's last stock rating was published by Barclays on Oct 03, 2024. The company gave DTM a "Overweight" rating, the same as its previous rate.

DT Midstream Financial Forecast


DT Midstream Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue--------$244.00M$234.00M$224.00M$220.00M$243.00M$235.00M$227.00M$215.00M$223.00M$212.00M$208.00M
Avg Forecast$290.00M$270.65M$261.23M$255.02M$252.68M$242.28M$236.65M$243.13M$235.13M$227.84M$227.77M$236.10M$230.99M$218.59M$213.73M$217.56M$210.71M$203.30M$192.63M
High Forecast$296.60M$276.81M$267.18M$261.58M$254.71M$243.08M$236.65M$243.13M$235.94M$233.84M$232.95M$241.48M$236.24M$218.59M$213.73M$217.56M$210.71M$203.30M$192.63M
Low Forecast$284.71M$265.72M$256.47M$248.45M$250.65M$241.49M$236.65M$243.13M$233.94M$222.80M$223.61M$231.80M$226.77M$218.59M$213.73M$217.56M$210.71M$203.30M$192.63M
# Analysts1112211134221111222
Surprise %--------1.04%1.03%0.98%0.93%1.05%1.08%1.06%0.99%1.06%1.04%1.08%

DT Midstream's average Quarter revenue forecast for Mar 24 based on 1 analysts is $243.13M, with a low forecast of $243.13M, and a high forecast of $243.13M. DTM's average Quarter revenue forecast represents a -0.36% decrease compared to the company's last Quarter revenue of $244.00M (Dec 23).

DT Midstream EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1112211134221111222
EBITDA--------$209.00M$215.00M$203.00M$209.00M$210.00M$205.00M$183.00M$187.00M$203.00M$176.00M$154.00M
Avg Forecast$251.28M$234.52M$226.35M$220.97M$218.94M$209.94M$205.05M$210.67M$203.74M$197.43M$197.36M$204.58M$200.15M$189.41M$185.20M$194.34M$182.58M$176.16M$110.62M
High Forecast$257.00M$239.86M$231.51M$226.66M$220.70M$210.62M$205.05M$210.67M$204.44M$202.62M$201.85M$209.24M$204.70M$189.41M$185.20M$233.20M$182.58M$176.16M$132.74M
Low Forecast$246.70M$230.24M$222.23M$215.28M$217.19M$209.25M$205.05M$210.67M$202.71M$193.05M$193.76M$200.85M$196.50M$189.41M$185.20M$155.47M$182.58M$176.16M$88.50M
Surprise %--------1.03%1.09%1.03%1.02%1.05%1.08%0.99%0.96%1.11%1.00%1.39%

1 analysts predict DTM's average Quarter EBITDA for Mar 24 to be $210.67M, with a high of $210.67M and a low of $210.67M. This is 0.80% upper than DT Midstream's previous annual EBITDA (Dec 23) of $209.00M.

DT Midstream Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1112211134221111222
Net Income--------$133.00M$91.00M$94.00M$81.00M$85.00M$113.00M$91.00M$81.00M$89.00M$74.00M$68.00M
Avg Forecast$106.14M$100.45M$99.59M$99.27M$96.65M$92.09M$90.44M$92.57M$90.17M$88.47M$85.70M$90.77M$95.30M$84.62M$85.43M$85.55M$81.86M$77.65M$48.85M
High Forecast$109.28M$103.42M$102.54M$108.82M$101.34M$92.86M$90.45M$92.59M$94.17M$98.29M$88.23M$93.45M$98.12M$84.62M$85.43M$102.66M$81.86M$77.65M$58.61M
Low Forecast$103.63M$98.06M$97.23M$92.59M$91.96M$91.32M$90.43M$92.55M$85.16M$84.53M$83.67M$88.62M$93.04M$84.62M$85.43M$68.44M$81.86M$77.65M$39.08M
Surprise %--------1.48%1.03%1.10%0.89%0.89%1.34%1.07%0.95%1.09%0.95%1.39%

DT Midstream's average Quarter net income forecast for Mar 24 is $92.57M, with a range of $92.55M to $92.59M. DTM's average Quarter net income forecast represents a -30.40% decrease compared to the company's last Quarter net income of $133.00M (Dec 23).

DT Midstream SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1112211134221111222
SG&A-------------------
Avg Forecast$7.67M$7.16M$6.91M$6.74M$6.68M$6.41M$6.26M$6.43M$6.22M$6.02M$6.02M$6.24M$6.11M$5.78M$5.65M$5.75M$5.57M$5.38M$5.09M
High Forecast$7.84M$7.32M$7.06M$6.92M$6.73M$6.43M$6.26M$6.43M$6.24M$6.18M$6.16M$6.38M$6.25M$5.78M$5.65M$5.75M$5.57M$5.38M$5.09M
Low Forecast$7.53M$7.03M$6.78M$6.57M$6.63M$6.39M$6.26M$6.43M$6.19M$5.89M$5.91M$6.13M$6.00M$5.78M$5.65M$5.75M$5.57M$5.38M$5.09M
Surprise %-------------------

DT Midstream'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 DTM last annual SG&A of $NaN (undefined).

DT Midstream EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1112211134221111222
EPS--------$1.37$0.94$0.97$0.84$0.88$1.17$0.93$0.84$0.92$0.77$0.70
Avg Forecast$1.08$1.02$1.02$1.01$0.99$0.94$0.92$0.94$0.92$0.90$0.87$0.93$0.97$0.86$0.87$0.89$0.84$0.79$0.75
High Forecast$1.12$1.06$1.05$1.11$1.03$0.95$0.92$0.94$0.96$1.00$0.90$0.95$1.00$0.86$0.87$0.89$0.84$0.79$0.75
Low Forecast$1.06$1.00$0.99$0.94$0.94$0.93$0.92$0.94$0.87$0.86$0.85$0.90$0.95$0.86$0.87$0.89$0.84$0.79$0.75
Surprise %--------1.49%1.04%1.11%0.91%0.90%1.35%1.07%0.94%1.10%0.97%0.93%

According to 1 Wall Street analysts, DT Midstream's projected average Quarter EPS for Mar 24 is $0.94, with a low estimate of $0.94 and a high estimate of $0.94. This represents a -31.05% decrease compared to DTM previous annual EPS of $1.37 (Dec 23).

DT Midstream Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GELGenesis Energy$10.80$13.0020.37%Buy
WESWestern Midstream Partners, LP$36.81$38.173.69%Hold
HESMHess Midstream LP$34.54$34.33-0.61%Hold
PAAPlains All American Pipeline$16.71$15.77-5.63%Hold
PAGPPlains GP$17.84$16.05-10.03%Buy
MPLXMPLX LP$44.32$39.09-11.80%Buy
DTMDT Midstream$89.87$67.00-25.45%Buy
TRGPTarga Resources$169.20$117.75-30.41%Buy
SMLPSummit Midstream Partners, LP$38.05$22.50-40.87%Buy

DTM Forecast FAQ


Yes, according to 6 Wall Street analysts, DT Midstream (DTM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of DTM's total ratings.

DT Midstream (DTM) average price target is $67 with a range of $46 to $89, implying a -25.45% from its last price of $89.87. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DTM stock, the company can go down by -25.45% (from the last price of $89.87 to the average price target of $67), down by -0.97% based on the highest stock price target, and down by -48.81% based on the lowest stock price target.

DTM's average twelve months analyst stock price target of $67 does not support the claim that DT Midstream can reach $130 in the near future.

1 Wall Street analyst forecast a $89 price target for DT Midstream (DTM) this month, down -0.97% from its last price of $89.87. Compared to the last 3 and 12 months, the average price target decreased by -3.19% and decreased by -23.34%, respectively.

DT Midstream's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $974.74M (high $977.56M, low $971.92M), average EBITDA is $844.61M (high $847.05M, low $842.16M), average net income is $371.74M (high $377.23M, low $366.26M), average SG&A $25.77M (high $25.85M, low $25.7M), and average EPS is $3.79 (high $3.85, low $3.74). DTM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.08B (high $1.1B, low $1.06B), average EBITDA is $933.13M (high $955.02M, low $914.45M), average net income is $405.45M (high $424.05M, low $391.51M), average SG&A $28.47M (high $29.14M, low $27.9M), and average EPS is $4.14 (high $4.33, low $3.99).

Based on DT Midstream's last annual report (Dec 2023), the company's revenue was $922M, which missed the average analysts forecast of $926.85M by -0.52%. Apple's EBITDA was $832M, beating the average prediction of $803.11M by 3.60%. The company's net income was $396M, beating the average estimation of $355.1M by 11.52%. Apple's SG&A was $0, missing the average forecast of $24.51M by -100.00%. Lastly, the company's EPS was $4.09, beating the average prediction of $3.62 by 12.88%. In terms of the last quarterly report (Dec 2023), DT Midstream's revenue was $244M, beating the average analysts' forecast of $235.13M by 3.77%. The company's EBITDA was $209M, beating the average prediction of $203.74M by 2.58%. DT Midstream's net income was $133M, beating the average estimation of $90.17M by 47.51%. The company's SG&A was $0, missing the average forecast of $6.22M by -100.00%. Lastly, the company's EPS was $1.37, beating the average prediction of $0.92 by 48.90%