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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 $121.00 (represents a 11.75% upside from DUK’s last price of $108.28) 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 $121.00 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 $114.00. This represents a potential 11.75% upside from DUK's last price of $108.28.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024James ThalackerBMO Capital$124.00$113.788.98%14.52%
Oct 15, 2024Anthony CrowdellMizuho Securities$121.00$115.095.14%11.75%
Sep 17, 2024James ThalackerBMO Capital$126.00$116.707.97%16.36%
Sep 06, 2024Anthony CrowdellMizuho Securities$116.00$116.85-0.73%7.13%
Aug 21, 2024Marie FergusonArgus Research$125.00$112.6910.92%15.44%
Aug 07, 2024James ThalackerBMO Capital$120.00$113.515.72%10.82%
Jul 22, 2024Sophie KarpKeyBanc$114.00$106.926.62%5.28%
May 20, 2024Sophie KarpKeyBanc$112.00$103.708.00%3.44%
May 17, 2024James ThalackerBMO Capital$110.00$103.895.88%1.59%
Apr 16, 2024James ThalackerBMO Capital$99.00$94.135.17%-8.57%
Apr 05, 2024Anthony CrowdellMizuho Securities$99.00$96.123.00%-8.57%
Jan 10, 2024Shelby TuckerRBC Capital$113.00$99.2813.82%4.36%
Mar 17, 2023Angie StorozynskiSeaport Global$93.00$96.39-3.52%-14.11%
Jan 04, 2023BMO Capital$110.00$103.706.08%1.59%
Dec 15, 2022Morgan Stanley$110.00$102.727.09%1.59%
Nov 11, 2022Morgan Stanley$106.00$96.1210.28%-2.11%
Aug 23, 2022Nicholas CampanellaCredit Suisse$114.00$111.062.65%5.28%
Apr 28, 2022Nicholas CampanellaCredit Suisse$125.00$113.809.84%15.44%
Apr 20, 2022Morgan Stanley$122.00$115.585.55%12.67%
Apr 01, 2022Ryan LevineCitigroup$120.00$112.826.36%10.82%
Jan 10, 2022Anthony CrowdellMizuho Securities$107.00$103.523.36%-1.18%
Dec 06, 2021Eric BeaumontBarclays$110.00$100.219.77%1.59%
Jul 13, 2021Maheep MandloiCredit Suisse$105.00$98.646.45%-3.03%
Jun 25, 2021Gary HovisArgus Research$106.00$96.889.41%-2.11%

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 14.52% increase from DUK last price ($108.28).

Duke Energy Price Target by Period

1M3M12M
# Anlaysts-212
Avg Price Target-$122.50$114.92
Last Closing Price$108.28$108.28$108.28
Upside/Downside-100.00%13.13%6.13%

In the current month, the average price target of Duke Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Duke Energy's last price of $108.28. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024KeyBancOverweightSector WeightDowngrade
Oct 01, 2024BarclaysOverweightOverweightHold
Sep 25, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 19, 2024JefferiesBuyInitialise
Sep 19, 2024Edward JonesBuyBuyHold
Sep 17, 2024BMO CapitalOutperformOutperformHold
Sep 16, 2024KeyBancOverweightOverweightHold
Aug 20, 2024ScotiabankSector PerformSector PerformHold
Aug 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 14, 2024KeyBancOverweightOverweightHold
Aug 07, 2024BMO CapitalOutperformOutperformHold
Aug 06, 2024Evercore ISIOutperformOutperformHold
Jul 22, 2024KeyBancOverweightOverweightHold
Jul 16, 2024BMO CapitalOutperformOutperformHold
Jul 11, 2024BarclaysOverweightOverweightHold
May 28, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 20, 2024KeyBancOverweightOverweightHold
May 17, 2024BMO CapitalOutperformOutperformHold
Apr 16, 2024BMO CapitalOutperformOutperformHold
Jan 23, 2024Evercore ISIOutperformUpgrade
Jan 10, 2024RBC CapitalOutperformUpgrade
Nov 30, 2023Wells FargoEqual-WeightOverweightUpgrade
Jul 11, 2023CFRABuyUpgrade
Jul 06, 2023BMO CapitalOutperformOutperformHold
Jan 04, 2023BMO CapitalOutperformOutperformHold
Dec 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 05, 2022BTIGNeutralNeutralHold
Feb 18, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 11, 2022Wells FargoEqual-WeightEqual-WeightHold

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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 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$8.56B$7.45B$7.90B$7.70B$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$7.35B$8.37B$7.11B$7.44B$7.38B$8.42B$7.16B$7.49B$7.55B$8.50B$7.19B$7.50B$7.49B$8.95B$7.79B$8.09B$7.87B$8.26B$6.84B$7.70B$7.39B$9.13B$6.44B$6.86B$5.27B$7.39B$5.90B$6.37B$6.53B$7.26B
Low Forecast$6.31B$7.18B$6.10B$6.39B$6.34B$7.22B$6.14B$6.43B$6.48B$7.30B$6.17B$6.43B$6.43B$7.68B$6.68B$7.77B$7.52B$7.85B$6.84B$7.44B$6.98B$7.04B$5.52B$5.89B$4.52B$7.39B$5.90B$6.37B$6.53B$7.26B
# Analysts111111111111111354224633444433
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111354224633444433
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$3.87B$3.37B$3.57B$3.48B$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$3.33B$3.79B$3.22B$3.37B$3.34B$3.81B$3.24B$3.39B$3.42B$3.85B$3.25B$3.39B$3.39B$4.05B$3.52B$3.66B$3.56B$3.74B$3.10B$2.19B$3.34B$4.13B$2.91B$1.99B$3.45B$3.29B$2.63B$1.81B$2.91B$3.24B
Low Forecast$2.85B$3.25B$2.76B$2.89B$2.87B$3.27B$2.78B$2.91B$2.93B$3.30B$2.79B$2.91B$2.91B$3.47B$3.02B$3.52B$3.40B$3.55B$3.10B$1.46B$3.16B$3.18B$2.50B$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111354224633444433
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$922.77M$1.15B$1.30B$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$1.57B$1.93B$1.24B$1.47B$1.73B$1.78B$1.06B$1.35B$1.77B$1.62B$938.49M$1.24B$1.59B$1.48B$977.14M$1.21B$1.33B$1.39B$789.97M$1.21B$1.19B$1.68B$806.08M$1.10B$984.72M$1.42B$858.83M$1.00B$742.26M$1.39B
Low Forecast$1.28B$1.58B$1.01B$1.20B$1.41B$1.46B$869.27M$1.10B$1.45B$1.33B$767.53M$1.02B$1.30B$1.21B$799.15M$1.11B$1.27B$1.14B$789.91M$809.68M$1.16B$1.37B$659.24M$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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111354224633444433
SG&A------------------------------
Avg Forecast------------------------------
High Forecast------------------------------
Low Forecast------------------------------
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 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111354224633444433
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$1.19$1.49$1.68$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$2.03$2.50$1.60$1.90$2.23$2.30$1.38$1.75$2.29$2.10$1.21$1.61$2.06$1.92$1.26$1.57$1.72$1.80$1.02$1.38$1.54$2.18$1.04$1.33$1.13$1.84$1.11$1.38$0.96$1.80
Low Forecast$1.66$2.04$1.31$1.56$1.83$1.88$1.12$1.43$1.87$1.72$0.99$1.31$1.68$1.57$1.03$1.43$1.64$1.48$1.02$1.38$1.50$1.78$0.85$1.09$0.93$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EXCExelon$36.52$46.0025.96%Buy
NEENextEra Energy$72.27$90.5025.22%Buy
AEPAmerican Electric Power Company$91.92$104.0013.14%Hold
DUKDuke Energy$107.89$121.0012.15%Buy
EIXEdison$80.50$89.0010.56%Hold
EDConsolidated Edison$90.84$99.839.90%Hold
DDominion Energy$53.59$58.609.35%Hold
SOSouthern Company$83.28$86.503.87%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 $121 with a range of $114 to $125, implying a 11.75% from its last price of $108.28. 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 11.75% (from the last price of $108.28 to the average price target of $121), up by 15.44% based on the highest stock price target, and up by 5.28% based on the lowest stock price target.

Can Duke Energy stock reach $200?

DUK's average twelve months analyst stock price target of $121 does not support the claim that Duke Energy can reach $200 in the near future.

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 $30.46B, low $26.13B), average EBITDA is $13.18B (high $13.78B, low $11.82B), average net income is $5.59B (high $5.92B, low $4.84B), average SG&A $0 (high $0, low $0), and average EPS is $7.23 (high $7.66, low $6.26). DUK's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $28.96B (high $30.28B, low $25.98B), average EBITDA is $13.1B (high $13.7B, low $11.75B), average net income is $5.86B (high $6.21B, low $5.08B), average SG&A $0 (high $0, low $0), and average EPS is $7.58 (high $8.03, low $6.57).

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, beating the average forecast of $0 by 0%. 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, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $0, missing the average prediction of $1.53 by -100.00%