DT Midstream (DTM) Stock Forecast, Price Target & Predictions
DTM Stock Forecast
DT Midstream stock forecast is as follows: an average price target of $61.75 (represents a -20.38% downside from DTM’s last price of $77.56) 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 $61.75 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $77.00 to $46.00. This represents a potential -20.38% downside from DTM's last price of $77.56.
DTM Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 30, 2024 | Robert Mosca | Mizuho Securities | $72.00 | $74.22 | -2.99% | -7.17% |
| Jul 17, 2024 | Theresa Chen | Barclays | $72.00 | $71.10 | 1.27% | -7.17% |
| Jun 04, 2024 | Michael Blum | Wells Fargo | $77.00 | $66.86 | 15.17% | -0.72% |
| Apr 05, 2024 | Theresa Chen | Barclays | $66.00 | $63.42 | 4.07% | -14.90% |
| Feb 16, 2024 | Keith Stanley | Wolfe Research | $53.00 | $52.43 | 1.09% | -31.67% |
| Feb 16, 2024 | John MacKay | Goldman Sachs | $46.00 | $52.43 | -12.26% | -40.69% |
| Feb 16, 2024 | Selman Akyol | Stifel Nicolaus | $60.00 | $52.43 | 14.44% | -22.64% |
| Jul 10, 2023 | Spiro Dounis | Citigroup | $54.00 | $50.45 | 7.04% | -30.38% |
| Dec 16, 2022 | - | Wells Fargo | $62.00 | $54.90 | 12.93% | -20.06% |
| Aug 16, 2022 | - | Barclays | $62.00 | $57.29 | 8.22% | -20.06% |
The latest DT Midstream stock forecast, released on Jul 30, 2024 by Robert Mosca from Mizuho Securities, set a price target of $72.00, which represents a -2.99% decrease from the stock price at the time of the forecast ($74.22), and a -7.17% decrease from DTM last price ($77.56).
DT Midstream Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $72.00 | $63.71 |
| Last Closing Price | $77.56 | $77.56 | $77.56 |
| Upside/Downside | -100.00% | -7.17% | -17.86% |
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 $77.56. 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 |
|---|---|---|---|---|
| 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 | Raymond James | Outperform | Outperform | Hold |
| Feb 16, 2024 | Wolfe Research | - | Underperform | Downgrade |
| 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 |
DT Midstream's last stock rating was published by Citigroup on Sep 04, 2024. The company gave DTM a "Neutral" rating, the same as its previous rate.
DT Midstream Financial Forecast
DT Midstream Revenue Forecast
| 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $244.00M | $234.00M | $224.00M | $220.00M | $243.00M | $235.00M | - | $215.00M | $223.00M | $212.00M | $208.00M |
| Avg Forecast | $291.00M | $274.00M | $258.02M | $253.71M | $249.87M | $238.44M | $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 | $297.52M | $280.14M | $263.80M | $259.39M | $255.46M | $239.54M | $241.95M | $248.57M | $235.94M | $233.84M | $232.87M | $241.39M | $236.16M | $223.48M | $213.73M | $222.90M | $215.88M | $208.29M | $197.36M |
| Low Forecast | $281.62M | $265.17M | $249.70M | $245.53M | $241.81M | $237.32M | $229.02M | $235.29M | $233.94M | $222.80M | $220.43M | $228.49M | $223.54M | $211.54M | $213.73M | $213.37M | $206.65M | $199.39M | $188.92M |
| # Analysts | - | - | - | - | 1 | 2 | 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% | - | 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 $235.29M, and a high forecast of $248.57M. 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 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 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 | - | $187.00M | $203.00M | $176.00M | $154.00M |
| Avg Forecast | $252.15M | $237.42M | $223.57M | $219.84M | $216.51M | $206.60M | $205.05M | $210.67M | $203.74M | $197.43M | $197.36M | $204.58M | $200.15M | $198.50M | $185.20M | $194.34M | $182.58M | $180.46M | $110.62M |
| High Forecast | $257.80M | $242.73M | $228.58M | $224.76M | $221.35M | $207.56M | $209.65M | $215.39M | $204.44M | $202.62M | $201.78M | $209.16M | $204.63M | $238.20M | $185.20M | $233.20M | $187.05M | $216.55M | $132.74M |
| Low Forecast | $244.02M | $229.77M | $216.37M | $212.75M | $209.53M | $205.63M | $198.44M | $203.88M | $202.71M | $193.05M | $191.00M | $197.99M | $193.70M | $158.80M | $185.20M | $155.47M | $179.06M | $144.36M | $88.50M |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | 1.09% | 1.03% | 1.02% | 1.05% | 1.03% | - | 0.96% | 1.11% | 0.98% | 1.39% |
1 analysts predict DTM's average Quarter EBITDA for Mar 24 to be $210.67M, with a high of $215.39M and a low of $203.88M. This is 0.80% upper than DT Midstream's previous annual EBITDA (Dec 23) of $209.00M.
DT Midstream Net Income Forecast
| 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 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 | - | $81.00M | $89.00M | $74.00M | $68.00M |
| Avg Forecast | $109.57M | $102.43M | $99.29M | $99.83M | $98.00M | $90.47M | $90.35M | $92.47M | $90.07M | $88.38M | $85.61M | $90.67M | $95.20M | $83.46M | $85.25M | $85.55M | $81.09M | $75.87M | $48.85M |
| High Forecast | $112.76M | $105.41M | $102.18M | $102.73M | $100.86M | $93.33M | $92.98M | $95.17M | $94.08M | $98.19M | $88.10M | $93.31M | $97.98M | $100.15M | $85.25M | $102.66M | $83.67M | $91.05M | $58.61M |
| Low Forecast | $104.98M | $98.14M | $95.13M | $95.64M | $93.90M | $85.71M | $86.56M | $88.60M | $85.07M | $84.45M | $82.02M | $86.88M | $91.21M | $66.77M | $85.25M | $68.44M | $79.06M | $60.70M | $39.08M |
| Surprise % | - | - | - | - | - | - | - | - | 1.48% | 1.03% | 1.10% | 0.89% | 0.89% | 1.35% | - | 0.95% | 1.10% | 0.98% | 1.39% |
DT Midstream's average Quarter net income forecast for Mar 24 is $92.47M, with a range of $88.60M to $95.17M. DTM's average Quarter net income forecast represents a -30.47% decrease compared to the company's last Quarter net income of $133.00M (Dec 23).
DT Midstream SG&A Forecast
| 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $7.69M | $7.24M | $6.82M | $6.71M | $6.61M | $6.30M | $6.26M | $6.43M | $6.22M | $6.02M | $6.02M | $6.24M | $6.11M | $5.78M | $5.65M | $4.67M | $4.52M | $4.36M | $4.13M |
| High Forecast | $7.87M | $7.41M | $6.97M | $6.86M | $6.75M | $6.33M | $6.40M | $6.57M | $6.24M | $6.18M | $6.16M | $6.38M | $6.24M | $5.91M | $5.65M | $4.78M | $4.63M | $4.47M | $4.23M |
| Low Forecast | $7.45M | $7.01M | $6.60M | $6.49M | $6.39M | $6.27M | $6.06M | $6.22M | $6.19M | $5.89M | $5.83M | $6.04M | $5.91M | $5.59M | $5.65M | $4.58M | $4.43M | $4.28M | $4.05M |
| 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 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 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 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 | - | $0.84 | $0.92 | $0.77 | $0.70 |
| Avg Forecast | $1.12 | $1.05 | $1.01 | $1.02 | $1.00 | $0.92 | $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 | $1.15 | $1.08 | $1.04 | $1.05 | $1.03 | $0.95 | $0.95 | $0.97 | $0.96 | $1.00 | $0.90 | $0.95 | $1.00 | $0.89 | $0.87 | $0.92 | $0.86 | $0.82 | $0.78 |
| Low Forecast | $1.07 | $1.00 | $0.97 | $0.98 | $0.96 | $0.88 | $0.88 | $0.91 | $0.87 | $0.86 | $0.84 | $0.89 | $0.93 | $0.83 | $0.87 | $0.87 | $0.82 | $0.77 | $0.73 |
| Surprise % | - | - | - | - | - | - | - | - | 1.49% | 1.04% | 1.11% | 0.91% | 0.90% | 1.35% | - | 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 $0.91 and a high estimate of $0.97. 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 | $13.33 | $13.00 | -2.48% | Hold |
| WES | Western Midstream Partners, LP | $40.05 | $37.67 | -5.94% | Hold |
| HESM | Hess Midstream LP | $36.95 | $34.33 | -7.09% | Hold |
| PAA | Plains All American Pipeline | $17.79 | $15.58 | -12.42% | Hold |
| MPLX | MPLX LP | $43.86 | $38.30 | -12.68% | Buy |
| PAGP | Plains GP | $18.97 | $16.05 | -15.39% | Buy |
| DTM | DT Midstream | $77.56 | $61.75 | -20.38% | Buy |
| TRGP | Targa Resources | $152.02 | $102.88 | -32.32% | Buy |
| SMLP | Summit Midstream Partners, LP | $38.05 | $22.50 | -40.87% | Buy |
DTM Forecast FAQ
Is DT Midstream a good buy?
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.
What is DTM's price target?
DT Midstream (DTM) average price target is $61.75 with a range of $46 to $77, implying a -20.38% from its last price of $77.56. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will DT Midstream stock go up soon?
According to Wall Street analysts' prediction for DTM stock, the company can go down by -20.38% (from the last price of $77.56 to the average price target of $61.75), down by -0.72% based on the highest stock price target, and down by -40.69% based on the lowest stock price target.
Can DT Midstream stock reach $120?
DTM's average twelve months analyst stock price target of $61.75 does not support the claim that DT Midstream can reach $120 in the near future.
What are DT Midstream's analysts' financial forecasts?
DT Midstream's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $968.08M (high $985.52M, low $943.44M), average EBITDA is $838.83M (high $853.95M, low $817.48M), average net income is $371.3M (high $382.33M, low $354.77M), average SG&A $25.6M (high $26.06M, low $24.94M), and average EPS is $3.79 (high $3.91, low $3.62). DTM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.08B (high $1.1B, low $1.04B), average EBITDA is $932.98M (high $953.87M, low $902.9M), average net income is $411.12M (high $423.09M, low $393.89M), average SG&A $28.47M (high $29.11M, low $27.55M), and average EPS is $4.2 (high $4.32, low $4.02).
Did the DTM's actual financial results beat the analysts' financial forecasts?
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 $354.73M by 11.63%. 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 $90.07M by 47.66%. 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%