Duke Energy (DUK) Stock Forecast, Price Target & Predictions

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DUK Stock Forecast

Duke Energy stock forecast is as follows: an average price target of $114.40 (represents a 0.72% upside from DUK’s last price of $113.58) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

DUK Price Target

The average price target for Duke Energy (DUK) is $114.40 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $93.00. This represents a potential 0.72% upside from DUK's last price of $113.58.

DUK Analyst Ratings

Buy

According to 12 Wall Street analysts, Duke Energy's rating consensus is 'Buy'. The analyst rating breakdown for DUK stock is 0 'Strong Buy' (0.00%), 8 'Buy' (66.67%), 4 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Duke Energy Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 11, 2024	James Thalacker	BMO Capital	$124.00	$113.78	8.98%	9.17%
Oct 15, 2024	Anthony Crowdell	Mizuho Securities	$121.00	$115.09	5.14%	6.53%
Sep 17, 2024	James Thalacker	BMO Capital	$126.00	$116.70	7.97%	10.94%
Sep 06, 2024	Anthony Crowdell	Mizuho Securities	$116.00	$116.85	-0.73%	2.13%
Aug 21, 2024	Marie Ferguson	Argus Research	$125.00	$112.69	10.92%	10.05%
Aug 07, 2024	James Thalacker	BMO Capital	$120.00	$113.51	5.72%	5.65%
Jul 22, 2024	Sophie Karp	KeyBanc	$114.00	$106.92	6.62%	0.37%
May 20, 2024	Sophie Karp	KeyBanc	$112.00	$103.70	8.00%	-1.39%
May 17, 2024	James Thalacker	BMO Capital	$110.00	$103.89	5.88%	-3.15%
Apr 16, 2024	James Thalacker	BMO Capital	$99.00	$94.13	5.17%	-12.84%

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The latest Duke Energy stock forecast, released on Nov 11, 2024 by James Thalacker from BMO Capital, set a price target of $124.00, which represents a 8.98% increase from the stock price at the time of the forecast ($113.78), and a 9.17% increase from DUK last price ($113.58).

Duke Energy Price Target by Period

	1M	3M	12M
# Anlaysts	1	5	12
Avg Price Target	$124.00	$122.40	$114.92
Last Closing Price	$113.58	$113.58	$113.58
Upside/Downside	9.17%	7.77%	1.18%

In the current month, the average price target of Duke Energy stock is $124.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 9.17% increase as opposed to Duke Energy's last price of $113.58. This month's average price target is up 1.31% compared to last quarter, and up 7.90% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 22, 2024	KeyBanc	Overweight	Sector Weight	Downgrade
Oct 01, 2024	Barclays	Overweight	Overweight	Hold
Sep 25, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Sep 19, 2024	Jefferies	-	Buy	Initialise
Sep 19, 2024	Edward Jones	Buy	Buy	Hold
Sep 17, 2024	BMO Capital	Outperform	Outperform	Hold
Sep 16, 2024	KeyBanc	Overweight	Overweight	Hold
Aug 20, 2024	Scotiabank	Sector Perform	Sector Perform	Hold
Aug 15, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Aug 14, 2024	KeyBanc	Overweight	Overweight	Hold

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Duke Energy's last stock rating was published by KeyBanc on Oct 22, 2024. The company Downgrade its DUK rating from "Overweight" to "Sector Weight".

Duke Energy Financial Forecast

Duke Energy Revenue Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	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
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.21B	$7.99B	$6.58B	$7.28B	$6.98B	$7.97B	$6.68B	$7.13B	$6.24B	$6.95B
Avg Forecast	$7.03B	$8.01B	$6.81B	$7.12B	$7.06B	$8.05B	$6.85B	$7.17B	$7.23B	$8.13B	$6.88B	$7.17B	$7.16B	$8.75B	$7.44B	$7.90B	$7.63B	$8.06B	$6.84B	$7.57B	$7.24B	$8.14B	$6.16B	$6.56B	$5.04B	$7.39B	$5.90B	$6.37B	$6.53B	$7.26B
High Forecast	$7.44B	$8.47B	$7.20B	$7.53B	$7.47B	$8.52B	$7.25B	$7.58B	$7.65B	$8.61B	$7.28B	$7.59B	$7.58B	$9.25B	$7.88B	$8.05B	$7.70B	$8.26B	$6.84B	$7.70B	$7.39B	$9.13B	$6.51B	$6.94B	$5.34B	$7.39B	$5.90B	$6.37B	$6.53B	$7.26B
Low Forecast	$6.61B	$7.52B	$6.39B	$6.69B	$6.63B	$7.56B	$6.43B	$6.73B	$6.79B	$7.64B	$6.46B	$6.74B	$6.73B	$8.21B	$6.99B	$7.75B	$7.48B	$7.85B	$6.84B	$7.44B	$6.98B	$7.04B	$5.78B	$6.16B	$4.74B	$7.39B	$5.90B	$6.37B	$6.53B	$7.26B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	2	2	4	6	3	3	4	4	4	4	3	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.98%	1.07%	1.11%	1.38%	1.08%	1.13%	1.12%	0.96%	0.96%

Duke Energy's average Quarter revenue forecast for Mar 24 based on 2 analysts is $7.57B, with a low forecast of $7.44B, and a high forecast of $7.70B. DUK's average Quarter revenue forecast represents a 4.99% increase compared to the company's last Quarter revenue of $7.21B (Dec 23).

Duke Energy EBITDA Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	2	2	4	6	3	3	4	4	4	4	3	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.39B	$3.61B	$2.93B	$3.07B	$2.75B	$3.62B	$2.99B	$2.93B	$2.61B	$3.51B
Avg Forecast	$3.18B	$3.62B	$3.08B	$3.22B	$3.19B	$3.64B	$3.10B	$3.24B	$3.27B	$3.68B	$3.11B	$3.24B	$3.24B	$3.96B	$3.37B	$3.57B	$3.45B	$3.64B	$3.10B	$1.82B	$3.27B	$3.68B	$2.78B	$1.66B	$2.87B	$3.29B	$2.63B	$1.51B	$2.91B	$3.24B
High Forecast	$3.37B	$3.83B	$3.26B	$3.41B	$3.38B	$3.85B	$3.28B	$3.43B	$3.46B	$3.89B	$3.29B	$3.43B	$3.43B	$4.19B	$3.56B	$3.64B	$3.48B	$3.74B	$3.10B	$2.19B	$3.34B	$4.13B	$2.95B	$1.99B	$3.45B	$3.29B	$2.63B	$1.81B	$2.91B	$3.24B
Low Forecast	$2.99B	$3.40B	$2.89B	$3.02B	$3.00B	$3.42B	$2.91B	$3.05B	$3.07B	$3.46B	$2.92B	$3.05B	$3.04B	$3.72B	$3.16B	$3.50B	$3.38B	$3.55B	$3.10B	$1.46B	$3.16B	$3.18B	$2.62B	$1.32B	$2.30B	$3.29B	$2.63B	$1.20B	$2.91B	$3.24B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	0.98%	1.05%	1.86%	0.96%	1.10%	1.14%	1.94%	0.90%	1.08%

2 analysts predict DUK's average Quarter EBITDA for Mar 24 to be $1.82B, with a high of $2.19B and a low of $1.46B. This is -46.27% lower than Duke Energy's previous annual EBITDA (Dec 23) of $3.39B.

Duke Energy Net Income Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	2	2	4	6	3	3	4	4	4	4	3	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.14B	$1.44B	$751.00M	$804.00M	$821.00M	$1.42B	$907.00M	$857.00M	$657.00M	$1.41B
Avg Forecast	$1.48B	$1.82B	$1.17B	$1.39B	$1.63B	$1.68B	$1.00B	$1.28B	$1.67B	$1.53B	$886.27M	$1.17B	$1.50B	$1.40B	$925.81M	$1.15B	$1.29B	$1.32B	$789.94M	$1.01B	$1.19B	$1.48B	$761.22M	$920.10M	$820.60M	$1.42B	$826.28M	$836.45M	$742.26M	$1.39B
High Forecast	$1.59B	$1.96B	$1.26B	$1.49B	$1.75B	$1.81B	$1.08B	$1.37B	$1.80B	$1.65B	$953.09M	$1.26B	$1.62B	$1.50B	$995.61M	$1.23B	$1.37B	$1.42B	$789.97M	$1.21B	$1.19B	$1.68B	$818.61M	$1.10B	$984.72M	$1.42B	$858.83M	$1.00B	$742.26M	$1.39B
Low Forecast	$1.36B	$1.68B	$1.08B	$1.28B	$1.50B	$1.55B	$924.52M	$1.17B	$1.54B	$1.41B	$816.32M	$1.08B	$1.38B	$1.29B	$852.75M	$1.05B	$1.23B	$1.21B	$789.91M	$809.68M	$1.16B	$1.37B	$701.14M	$736.08M	$656.48M	$1.42B	$793.73M	$669.16M	$742.26M	$1.39B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.97%	0.99%	0.87%	1.00%	1.00%	1.10%	1.02%	0.89%	1.01%

Duke Energy's average Quarter net income forecast for Mar 24 is $1.01B, with a range of $809.68M to $1.21B. DUK's average Quarter net income forecast represents a -10.83% decrease compared to the company's last Quarter net income of $1.14B (Dec 23).

Duke Energy SG&A Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	2	2	4	6	3	3	4	4	4	4	3	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Avg Forecast	$-1.60M	$-1.82M	$-1.55M	$-1.62M	$-1.60M	$-1.83M	$-1.56M	$-1.63M	$-1.64M	$-1.85M	$-1.56M	$-1.63M	$-1.63M	$-1.99M	$-1.69M	$-1.79M	$-1.73M	$-1.83M	$-1.55M	$-1.72M	$-1.64M	$-1.85M	$-1.40M	$-1.49M	$-1.15M	-	-	-	-	-
High Forecast	$-1.50M	$-1.71M	$-1.45M	$-1.52M	$-1.51M	$-1.72M	$-1.46M	$-1.53M	$-1.54M	$-1.74M	$-1.47M	$-1.53M	$-1.53M	$-1.87M	$-1.59M	$-1.76M	$-1.70M	$-1.78M	$-1.55M	$-1.69M	$-1.58M	$-1.60M	$-1.31M	$-1.40M	$-1.08M	-	-	-	-	-
Low Forecast	$-1.69M	$-1.92M	$-1.64M	$-1.71M	$-1.70M	$-1.94M	$-1.65M	$-1.72M	$-1.74M	$-1.95M	$-1.65M	$-1.72M	$-1.72M	$-2.10M	$-1.79M	$-1.83M	$-1.75M	$-1.88M	$-1.55M	$-1.75M	$-1.68M	$-2.07M	$-1.48M	$-1.58M	$-1.21M	-	-	-	-	-
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Duke Energy'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 DUK last annual SG&A of $NaN (undefined).

Duke Energy EPS Forecast

	Dec 28	Sep 28	Jun 28	Mar 28	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	3	3	1	2	2	4	6	3	3	4	4	4	4	3	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.59	$0.97	$1.01	$1.07	$1.81	$1.14	$1.08	$0.85	$1.79
Avg Forecast	$1.92	$2.36	$1.51	$1.80	$2.11	$2.17	$1.30	$1.65	$2.16	$1.98	$1.15	$1.52	$1.94	$1.81	$1.20	$1.49	$1.67	$1.70	$1.02	$1.38	$1.53	$1.92	$0.98	$1.26	$1.07	$1.84	$1.07	$1.33	$0.96	$1.80
High Forecast	$2.06	$2.54	$1.63	$1.93	$2.27	$2.34	$1.40	$1.77	$2.32	$2.13	$1.23	$1.63	$2.09	$1.94	$1.29	$1.59	$1.78	$1.83	$1.02	$1.38	$1.54	$2.18	$1.06	$1.35	$1.15	$1.84	$1.11	$1.38	$0.96	$1.80
Low Forecast	$1.77	$2.17	$1.39	$1.66	$1.94	$2.00	$1.20	$1.52	$1.99	$1.83	$1.06	$1.40	$1.79	$1.66	$1.10	$1.36	$1.59	$1.57	$1.02	$1.38	$1.50	$1.78	$0.91	$1.16	$0.98	$1.84	$1.03	$1.28	$0.96	$1.80
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.83%	0.99%	0.80%	1.00%	0.98%	1.07%	0.81%	0.88%	1.00%

According to 4 Wall Street analysts, Duke Energy's projected average Quarter EPS for Dec 23 is $1.53, with a low estimate of $1.50 and a high estimate of $1.54. This represents a -3.47% decrease compared to DUK previous annual EPS of $1.59 (Sep 23).

Duke Energy Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EXC	Exelon	$39.10	$46.45	18.80%	Buy
NEE	NextEra Energy	$77.08	$84.53	9.67%	Buy
D	Dominion Energy	$57.59	$61.54	6.86%	Hold
AEP	American Electric Power Company	$96.70	$100.50	3.93%	Hold
DUK	Duke Energy	$113.58	$114.40	0.72%	Buy
EIX	Edison	$85.64	$84.78	-1.00%	Hold
ED	Consolidated Edison	$96.97	$92.91	-4.19%	Hold
SO	Southern Company	$88.29	$78.09	-11.55%	Hold

DUK Forecast FAQ

Is Duke Energy a good buy?

Yes, according to 12 Wall Street analysts, Duke Energy (DUK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 66.67% of DUK's total ratings.

What is DUK's price target?

Duke Energy (DUK) average price target is $114.4 with a range of $93 to $125, implying a 0.72% from its last price of $113.58. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Duke Energy stock go up soon?

According to Wall Street analysts' prediction for DUK stock, the company can go up by 0.72% (from the last price of $113.58 to the average price target of $114.4), up by 10.05% based on the highest stock price target, and down by -18.12% based on the lowest stock price target.

Can Duke Energy stock reach $200?

DUK's average twelve months analyst stock price target of $114.4 does not support the claim that Duke Energy can reach $200 in the near future.

What is Duke Energy's current price target trend?

1 Wall Street analyst forecast a $124 price target for Duke Energy (DUK) this month, up 9.17% from its last price of $113.58. Compared to the last 3 and 12 months, the average price target increased by 7.77% and increased by 1.18%, respectively.

What are Duke Energy's analysts' financial forecasts?

Duke Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $29.13B (high $30.82B, low $27.37B), average EBITDA is $13.18B (high $13.94B, low $12.38B), average net income is $5.59B (high $6.01B, low $5.15B), average SG&A $-6.617M (high $-6.215M, low $-7.001M), and average EPS is $7.23 (high $7.78, low $6.66). DUK's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $28.96B (high $30.64B, low $27.21B), average EBITDA is $13.1B (high $13.86B, low $12.31B), average net income is $5.86B (high $6.3B, low $5.4B), average SG&A $-6.578M (high $-6.179M, low $-6.96M), and average EPS is $7.58 (high $8.16, low $6.99).

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

Based on Duke Energy's last annual report (Dec 2023), the company's revenue was $29.06B, beating the average analysts forecast of $28.09B by 3.45%. Apple's EBITDA was $13.03B, beating the average prediction of $11.39B by 14.39%. The company's net income was $4.33B, missing the average estimation of $4.35B by -0.45%. Apple's SG&A was $0, missing the average forecast of $-6.38M by -100.00%. Lastly, the company's EPS was $5.61, missing the average prediction of $5.69 by -1.44%. In terms of the last quarterly report (Dec 2023), Duke Energy's revenue was $7.21B, missing the average analysts' forecast of $7.24B by -0.35%. The company's EBITDA was $3.39B, beating the average prediction of $3.27B by 3.55%. Duke Energy's net income was $1.14B, missing the average estimation of $1.19B by -4.33%. The company's SG&A was $0, missing the average forecast of $-1.644M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $1.53 by -100.00%