DT Midstream (DTM) Stock Forecast, Price Target & Predictions
DTM Stock Forecast
DT Midstream stock forecast is as follows: an average price target of $67.00 (represents a -34.78% downside from DTM’s last price of $102.73) 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 $67.00 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 $46.00. This represents a potential -34.78% downside from DTM's last price of $102.73.
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%), 3 'Buy' (42.86%), 2 'Hold' (28.57%), 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% | -13.37% |
| Oct 03, 2024 | Q3 EBITDA | Barclays | $85.00 | $81.48 | 4.32% | -17.26% |
| Jul 30, 2024 | Robert Mosca | Mizuho Securities | $72.00 | $74.22 | -2.99% | -29.91% |
| Jul 17, 2024 | Theresa Chen | Barclays | $72.00 | $71.10 | 1.27% | -29.91% |
| Jun 04, 2024 | Michael Blum | Wells Fargo | $77.00 | $66.86 | 15.17% | -25.05% |
| Apr 05, 2024 | Theresa Chen | Barclays | $66.00 | $63.42 | 4.07% | -35.75% |
| Feb 16, 2024 | John MacKay | Goldman Sachs | $46.00 | $52.43 | -12.26% | -55.22% |
| Feb 16, 2024 | Keith Stanley | Wolfe Research | $53.00 | $52.43 | 1.09% | -48.41% |
| Feb 16, 2024 | Selman Akyol | Stifel Nicolaus | $60.00 | $52.43 | 14.44% | -41.59% |
| Jul 10, 2023 | Spiro Dounis | Citigroup | $54.00 | $50.45 | 7.04% | -47.44% |
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 -13.37% decrease from DTM last price ($102.73).
DT Midstream Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 9 |
| Avg Price Target | $89.00 | $87.00 | $68.89 |
| Last Closing Price | $102.73 | $102.73 | $102.73 |
| Upside/Downside | -13.37% | -15.31% | -32.94% |
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 -13.37% decrease as opposed to DT Midstream's last price of $102.73. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Wolfe Research | - | Underperform | Downgrade |
| Feb 16, 2024 | Raymond James | Outperform | Outperform | Hold |
| Feb 16, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Jul 10, 2023 | Raymond James | Neutral | Neutral | Hold |
DT Midstream's last stock rating was published by Goldman Sachs on Nov 04, 2024. The company gave DTM a "Sell" 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 | 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 | $290.00M | $271.38M | $260.72M | $254.42M | $253.20M | $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 | $296.88M | $277.82M | $266.91M | $260.97M | $255.23M | $243.08M | $236.65M | $243.13M | $235.94M | $233.84M | $233.18M | $241.71M | $236.47M | $218.59M | $213.73M | $217.56M | $210.71M | $203.30M | $192.63M |
| Low Forecast | $283.89M | $265.66M | $255.23M | $247.87M | $251.16M | $241.49M | $236.65M | $243.13M | $233.94M | $222.80M | $222.97M | $231.13M | $226.12M | $218.59M | $213.73M | $217.56M | $210.71M | $203.30M | $192.63M |
| # Analysts | 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 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 | 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 | $264.42M | $247.44M | $237.72M | $231.98M | $230.86M | $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 | $270.69M | $253.31M | $243.37M | $237.95M | $232.71M | $221.63M | $215.77M | $221.68M | $215.13M | $213.21M | $212.61M | $220.39M | $215.61M | $189.41M | $185.20M | $233.20M | $182.58M | $176.16M | $132.74M |
| Low Forecast | $258.85M | $242.23M | $232.72M | $226.01M | $229.01M | $220.19M | $215.77M | $221.68M | $213.31M | $203.14M | $203.30M | $210.74M | $206.17M | $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 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 | 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 | $104.82M | $100.84M | $98.37M | $98.60M | $96.26M | $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 | $108.05M | $103.95M | $101.40M | $108.08M | $100.93M | $92.86M | $90.45M | $92.59M | $94.17M | $98.29M | $88.34M | $93.57M | $98.24M | $84.62M | $85.43M | $102.66M | $81.86M | $77.65M | $58.61M |
| Low Forecast | $101.95M | $98.08M | $95.67M | $91.96M | $91.58M | $91.32M | $90.43M | $92.55M | $85.16M | $84.53M | $83.35M | $88.28M | $92.69M | $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 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 | 2 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $7.67M | $7.18M | $6.89M | $6.73M | $6.69M | $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 | $7.85M | $7.35M | $7.06M | $6.90M | $6.75M | $6.43M | $6.26M | $6.43M | $6.24M | $6.18M | $6.17M | $6.39M | $6.25M | $5.78M | $5.65M | $5.75M | $5.57M | $5.38M | $5.09M |
| Low Forecast | $7.51M | $7.02M | $6.75M | $6.55M | $6.64M | $6.39M | $6.26M | $6.43M | $6.19M | $5.89M | $5.90M | $6.11M | $5.98M | $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 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 | 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 | $1.07 | $1.03 | $1.00 | $1.01 | $0.98 | $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 | $1.10 | $1.06 | $1.03 | $1.10 | $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 | $1.04 | $1.00 | $0.98 | $0.94 | $0.93 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GEL | Genesis Energy | $11.56 | $13.00 | 12.46% | Buy |
| WES | Western Midstream Partners, LP | $37.44 | $38.17 | 1.95% | Hold |
| HESM | Hess Midstream LP | $36.07 | $34.33 | -4.82% | Hold |
| PAA | Plains All American Pipeline | $17.56 | $15.77 | -10.19% | Hold |
| PAGP | Plains GP | $18.81 | $16.05 | -14.67% | Buy |
| MPLX | MPLX LP | $47.58 | $39.09 | -17.84% | Buy |
| DTM | DT Midstream | $102.73 | $67.00 | -34.78% | Buy |
| TRGP | Targa Resources | $202.84 | $129.88 | -35.97% | Buy |
| SMLP | Summit Midstream Partners, LP | $38.05 | $22.50 | -40.87% | Buy |