DT Midstream (DTM) Stock Forecast, Price Target & Predictions
DTM Stock Forecast
DT Midstream stock forecast is as follows: an average price target of $82.00 (represents a -18.74% downside from DTM’s last price of $100.91) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
DTM Price Target
The average price target for DT Midstream (DTM) is $82.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $89.00 to $72.00. This represents a potential -18.74% downside from DTM's last price of $100.91.
DTM Analyst Ratings
According to 7 Wall Street analysts, DT Midstream's rating consensus is 'Buy'. The analyst rating breakdown for DTM stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 1 'Hold' (14.29%), 2 'Sell' (28.57%), and 0 'Strong Sell' (0.00%).
DT Midstream Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Selman Akyok | Stifel Nicolaus | $89.00 | $89.30 | -0.34% | -11.80% |
| Oct 03, 2024 | Q3 EBITDA | Barclays | $85.00 | $81.48 | 4.32% | -15.77% |
| Jul 30, 2024 | Robert Mosca | Mizuho Securities | $72.00 | $74.22 | -2.99% | -28.65% |
| Jul 17, 2024 | Theresa Chen | Barclays | $72.00 | $71.10 | 1.27% | -28.65% |
| Jun 04, 2024 | Michael Blum | Wells Fargo | $77.00 | $66.86 | 15.17% | -23.69% |
| Apr 05, 2024 | Theresa Chen | Barclays | $66.00 | $63.42 | 4.07% | -34.60% |
| Feb 16, 2024 | Selman Akyol | Stifel Nicolaus | $60.00 | $52.43 | 14.44% | -40.54% |
| Feb 16, 2024 | John MacKay | Goldman Sachs | $46.00 | $52.43 | -12.26% | -54.41% |
| Feb 16, 2024 | Keith Stanley | Wolfe Research | $53.00 | $52.43 | 1.09% | -47.48% |
| Jul 10, 2023 | Spiro Dounis | Citigroup | $54.00 | $50.45 | 7.04% | -46.49% |
| Dec 16, 2022 | Wells Fargo | $62.00 | $54.90 | 12.93% | -38.56% | |
| Aug 16, 2022 | Barclays | $62.00 | $57.29 | 8.22% | -38.56% | |
| Aug 04, 2022 | Mizuho Securities | $58.00 | $53.89 | 7.63% | -42.52% | |
| May 10, 2022 | Mizuho Securities | $57.00 | $53.20 | 7.13% | -43.51% | |
| Apr 28, 2022 | Wells Fargo | $59.00 | $54.20 | 8.85% | -41.53% | |
| Apr 26, 2022 | Morgan Stanley | $60.00 | $54.77 | 9.55% | -40.54% |
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 -11.80% decrease from DTM last price ($100.91).
DT Midstream Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 9 |
| Avg Price Target | - | $87.00 | $68.89 |
| Last Closing Price | $100.91 | $100.91 | $100.91 |
| Upside/Downside | -100.00% | -13.78% | -31.73% |
In the current month, the average price target of DT Midstream stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to DT Midstream's last price of $100.91. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 21, 2024 | Citigroup | Neutral | Buy | Upgrade |
| Nov 04, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Oct 03, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 04, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 17, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 04, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Apr 05, 2024 | Barclays | Overweight | Overweight | Hold |
| Feb 16, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Feb 16, 2024 | Wolfe Research | Underperform | Downgrade | |
| Feb 16, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jul 10, 2023 | Raymond James | Neutral | Neutral | Hold |
| Mar 02, 2023 | Raymond James | Market Perform | Downgrade | |
| Mar 02, 2023 | Keefe, Bruyette & Woods | Market Perform | Upgrade | |
| Dec 16, 2022 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Dec 09, 2022 | Citigroup | Sell | Initialise | |
| Aug 16, 2022 | Barclays | Overweight | Overweight | Hold |
| Jul 20, 2022 | Barclays | Overweight | Upgrade | |
| Apr 28, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 26, 2022 | Morgan Stanley | Underweight | Underweight | Hold |
| Feb 28, 2022 | Wells Fargo | Overweight | Overweight | Hold |
DT Midstream's last stock rating was published by Citigroup on Nov 21, 2024. The company Upgrade its DTM rating from "Neutral" to "Buy".
DT Midstream Financial Forecast
DT Midstream Revenue Forecast
| 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 | Jun 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 | $361.00M | $332.00M | $337.00M | $357.00M | $347.00M | $314.00M | $314.00M | $328.00M | $323.00M | $292.04M | $281.72M | $281.02M | $255.19M | $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 | $381.75M | $351.08M | $356.37M | $377.52M | $366.94M | $332.05M | $332.05M | $346.85M | $341.56M | $308.82M | $297.91M | $303.64M | $260.21M | $243.08M | $236.65M | $243.13M | $235.94M | $233.84M | $240.86M | $249.67M | $244.26M | $218.59M | $213.73M | $217.56M | $210.71M | $203.30M | $192.63M |
| Low Forecast | $334.98M | $308.07M | $312.71M | $331.27M | $321.99M | $291.37M | $291.37M | $304.36M | $299.72M | $270.99M | $261.41M | $258.40M | $250.18M | $241.49M | $236.65M | $243.13M | $233.94M | $222.80M | $211.35M | $219.09M | $214.34M | $218.59M | $213.73M | $217.56M | $210.71M | $203.30M | $192.63M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| 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 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| 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 | $329.15M | $302.71M | $307.27M | $325.51M | $316.39M | $286.30M | $286.30M | $299.07M | $294.51M | $266.28M | $256.86M | $256.23M | $232.68M | $220.91M | $215.77M | $221.68M | $214.39M | $207.75M | $207.68M | $215.28M | $210.61M | $189.41M | $185.20M | $194.34M | $182.58M | $176.16M | $110.62M |
| High Forecast | $348.07M | $320.11M | $324.93M | $344.21M | $334.57M | $302.75M | $302.75M | $316.25M | $311.43M | $281.58M | $271.63M | $276.85M | $237.25M | $221.63M | $215.77M | $221.68M | $215.13M | $213.21M | $219.61M | $227.65M | $222.71M | $189.41M | $185.20M | $233.20M | $182.58M | $176.16M | $132.74M |
| Low Forecast | $305.43M | $280.90M | $285.13M | $302.05M | $293.59M | $265.67M | $265.67M | $277.51M | $273.28M | $247.08M | $238.35M | $235.60M | $228.11M | $220.19M | $215.77M | $221.68M | $213.31M | $203.14M | $192.71M | $199.76M | $195.43M | $189.41M | $185.20M | $155.47M | $182.58M | $176.16M | $88.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.98% | 0.97% | 1.00% | 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 $221.68M, with a high of $221.68M and a low of $221.68M. This is 6.07% upper than DT Midstream's previous annual EBITDA (Dec 23) of $209.00M.
DT Midstream Net Income Forecast
| 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| 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 | $142.10M | $129.36M | $133.28M | $147.00M | $133.28M | $118.58M | $119.56M | $130.34M | $111.11M | $103.21M | $100.05M | $104.73M | $93.10M | $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 | $152.72M | $139.02M | $143.24M | $157.98M | $143.24M | $127.44M | $128.49M | $140.08M | $119.42M | $110.92M | $107.52M | $120.48M | $98.00M | $92.86M | $90.45M | $92.59M | $94.17M | $98.29M | $92.10M | $97.55M | $102.42M | $84.62M | $85.43M | $102.66M | $81.86M | $77.65M | $58.61M |
| Low Forecast | $128.79M | $117.24M | $120.79M | $133.23M | $120.79M | $107.47M | $108.36M | $118.13M | $100.70M | $93.54M | $90.67M | $90.82M | $81.34M | $91.32M | $90.43M | $92.55M | $85.16M | $84.53M | $77.67M | $82.26M | $86.37M | $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 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $9.54M | $8.78M | $8.91M | $9.44M | $9.17M | $8.30M | $8.30M | $8.67M | $8.54M | $7.72M | $7.45M | $7.43M | $6.75M | $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 | $10.09M | $9.28M | $9.42M | $9.98M | $9.70M | $8.78M | $8.78M | $9.17M | $9.03M | $8.17M | $7.88M | $8.03M | $6.88M | $6.43M | $6.26M | $6.43M | $6.24M | $6.18M | $6.37M | $6.60M | $6.46M | $5.78M | $5.65M | $5.75M | $5.57M | $5.38M | $5.09M |
| Low Forecast | $8.86M | $8.15M | $8.27M | $8.76M | $8.51M | $7.70M | $7.70M | $8.05M | $7.92M | $7.17M | $6.91M | $6.83M | $6.61M | $6.39M | $6.26M | $6.43M | $6.19M | $5.89M | $5.59M | $5.79M | $5.67M | $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 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| 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 | $1.45 | $1.32 | $1.36 | $1.50 | $1.36 | $1.21 | $1.22 | $1.33 | $1.13 | $1.05 | $1.02 | $1.07 | $0.95 | $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 | $1.56 | $1.42 | $1.46 | $1.61 | $1.46 | $1.30 | $1.31 | $1.43 | $1.22 | $1.13 | $1.10 | $1.23 | $1.00 | $0.95 | $0.92 | $0.94 | $0.96 | $1.00 | $0.94 | $1.00 | $1.05 | $0.86 | $0.87 | $0.89 | $0.84 | $0.79 | $0.75 |
| Low Forecast | $1.31 | $1.20 | $1.23 | $1.36 | $1.23 | $1.10 | $1.11 | $1.21 | $1.03 | $0.95 | $0.93 | $0.93 | $0.83 | $0.93 | $0.92 | $0.94 | $0.87 | $0.86 | $0.79 | $0.84 | $0.88 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GEL | Genesis Energy | $10.31 | $13.00 | 26.09% | Buy |
| PAGP | Plains GP | $18.80 | $23.00 | 22.34% | Buy |
| PAA | Plains All American Pipeline | $17.44 | $20.00 | 14.68% | Hold |
| WES | Western Midstream Partners, LP | $39.22 | $40.00 | 1.99% | Hold |
| MPLX | MPLX LP | $47.70 | $46.00 | -3.56% | Buy |
| TRGP | Targa Resources | $181.22 | $173.56 | -4.23% | Buy |
| HESM | Hess Midstream LP | $36.04 | $34.33 | -4.74% | Hold |
| DTM | DT Midstream | $98.70 | $82.00 | -16.92% | Buy |