Duke Energy (DUK) Stock Forecast, Price Target & Predictions
DUK Stock Forecast
Duke Energy stock forecast is as follows: an average price target of $113.50 (represents a -2.66% downside from DUK’s last price of $116.60) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
DUK Price Target
The average price target for Duke Energy (DUK) is $113.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $93.00. This represents a potential -2.66% downside from DUK's last price of $116.60.
DUK Analyst Ratings
According to 10 Wall Street analysts, Duke Energy's rating consensus is 'Buy'. The analyst rating breakdown for DUK stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 3 'Hold' (30.00%), 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 |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Anthony Crowdell | Mizuho Securities | $116.00 | $116.85 | -0.73% | -0.51% |
| Aug 21, 2024 | Marie Ferguson | Argus Research | $125.00 | $112.69 | 10.92% | 7.20% |
| Aug 07, 2024 | James Thalacker | BMO Capital | $120.00 | $113.51 | 5.72% | 2.92% |
| Jul 22, 2024 | Sophie Karp | KeyBanc | $114.00 | $106.92 | 6.62% | -2.23% |
| May 20, 2024 | Sophie Karp | KeyBanc | $112.00 | $103.70 | 8.00% | -3.95% |
| May 17, 2024 | James Thalacker | BMO Capital | $110.00 | $103.89 | 5.88% | -5.66% |
| Apr 16, 2024 | James Thalacker | BMO Capital | $99.00 | $94.13 | 5.17% | -15.09% |
| Apr 05, 2024 | Anthony Crowdell | Mizuho Securities | $99.00 | $96.12 | 3.00% | -15.09% |
| Jan 10, 2024 | Shelby Tucker | RBC Capital | $113.00 | $99.28 | 13.82% | -3.09% |
| Mar 17, 2023 | Angie Storozynski | Seaport Global | $93.00 | $96.39 | -3.52% | -20.24% |
The latest Duke Energy stock forecast, released on Sep 06, 2024 by Anthony Crowdell from Mizuho Securities, set a price target of $116.00, which represents a -0.73% decrease from the stock price at the time of the forecast ($116.85), and a -0.51% decrease from DUK last price ($116.60).
Duke Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 9 |
| Avg Price Target | $120.33 | $118.75 | $112.00 |
| Last Closing Price | $116.60 | $116.60 | $116.60 |
| Upside/Downside | 3.20% | 1.84% | -3.95% |
In the current month, the average price target of Duke Energy stock is $120.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 3.20% increase as opposed to Duke Energy's last price of $116.60. This month's average price target is up 1.33% compared to last quarter, and up 7.44% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Aug 07, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 06, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jul 22, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 16, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 11, 2024 | Barclays | Overweight | Overweight | Hold |
| May 28, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 20, 2024 | KeyBanc | Overweight | Overweight | Hold |
Duke Energy's last stock rating was published by Scotiabank on Aug 20, 2024. The company gave DUK a "Sector Perform" rating, the same as its previous rate.
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.21B | $7.99B | $6.58B | $7.28B | $6.98B | $7.97B | - | $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 | $8.23B | $7.48B | $7.83B | $7.34B | $8.45B | $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 | $7.31B | $8.32B | $7.07B | $7.40B | $7.34B | $8.37B | $7.12B | $7.45B | $7.51B | $8.45B | $7.15B | $7.45B | $7.45B | $8.55B | $7.77B | $8.14B | $7.63B | $8.52B | $7.11B | $7.87B | $7.39B | $9.13B | $6.40B | $6.82B | $5.24B | $7.68B | $5.90B | $7.03B | $7.20B | $8.02B |
| Low Forecast | $6.78B | $7.72B | $6.56B | $6.86B | $6.81B | $7.77B | $6.61B | $6.91B | $6.97B | $7.84B | $6.63B | $6.92B | $6.91B | $7.94B | $7.21B | $7.55B | $7.08B | $8.38B | $6.60B | $7.30B | $6.98B | $7.04B | $5.94B | $6.33B | $4.86B | $7.12B | $5.90B | $5.48B | $5.62B | $6.25B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 1.07% | 1.11% | 1.38% | 1.08% | - | 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 $7.30B, and a high forecast of $7.87B. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.39B | $3.61B | $2.93B | $3.07B | $2.75B | $3.62B | - | $2.93B | $2.61B | $3.51B |
| Avg Forecast | $3.13B | $3.57B | $3.03B | $3.17B | $3.15B | $3.59B | $3.05B | $3.19B | $3.22B | $3.62B | $3.07B | $3.20B | $3.19B | $3.67B | $3.33B | $3.49B | $3.27B | $3.77B | $3.05B | $1.82B | $3.23B | $3.63B | $2.74B | $1.66B | $2.25B | $3.71B | $2.47B | $1.51B | $2.61B | $3.38B |
| High Forecast | $3.26B | $3.71B | $3.15B | $3.30B | $3.27B | $3.73B | $3.17B | $3.32B | $3.35B | $3.77B | $3.19B | $3.32B | $3.32B | $3.81B | $3.46B | $3.63B | $3.40B | $3.80B | $3.17B | $2.19B | $3.29B | $4.07B | $2.85B | $1.99B | $2.34B | $4.46B | $2.47B | $1.81B | $3.13B | $4.05B |
| Low Forecast | $3.02B | $3.44B | $2.92B | $3.06B | $3.04B | $3.46B | $2.94B | $3.08B | $3.11B | $3.50B | $2.96B | $3.08B | $3.08B | $3.54B | $3.21B | $3.37B | $3.15B | $3.73B | $2.94B | $1.46B | $3.11B | $3.14B | $2.65B | $1.32B | $2.17B | $2.97B | $2.47B | $1.20B | $2.09B | $2.70B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 1.07% | 1.86% | 1.22% | 0.97% | - | 1.94% | 1.00% | 1.04% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.14B | $1.44B | $751.00M | $804.00M | $821.00M | $1.42B | - | $857.00M | $657.00M | $1.41B |
| Avg Forecast | $1.31B | $1.99B | $1.11B | $1.39B | $1.25B | $1.90B | $1.04B | $1.30B | $1.18B | $1.85B | $935.28M | $1.22B | $1.20B | $1.70B | $902.62M | $1.12B | $1.13B | $1.51B | $788.91M | $1.01B | $1.18B | $1.48B | $760.23M | $920.10M | $825.31M | $1.49B | $825.21M | $836.45M | $746.00M | $1.35B |
| High Forecast | $1.37B | $2.09B | $1.16B | $1.46B | $1.32B | $2.00B | $1.10B | $1.37B | $1.24B | $1.94B | $983.05M | $1.29B | $1.27B | $1.79B | $948.73M | $1.17B | $1.19B | $1.62B | $829.21M | $1.21B | $1.19B | $1.68B | $799.07M | $1.10B | $867.46M | $1.78B | $825.21M | $1.00B | $895.20M | $1.62B |
| Low Forecast | $1.25B | $1.90B | $1.06B | $1.33B | $1.19B | $1.81B | $994.87M | $1.24B | $1.13B | $1.76B | $891.77M | $1.17B | $1.15B | $1.62B | $860.63M | $1.06B | $1.08B | $1.42B | $752.21M | $809.68M | $1.16B | $1.37B | $724.87M | $736.08M | $786.92M | $1.19B | $825.21M | $669.16M | $596.80M | $1.08B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.98% | 0.99% | 0.87% | 0.99% | 0.96% | - | 1.02% | 0.88% | 1.04% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 |
| 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.59 | $0.97 | $1.01 | $1.07 | $1.81 | - | $1.08 | $0.85 | $1.79 |
| Avg Forecast | $1.69 | $2.58 | $1.43 | $1.80 | $1.62 | $2.46 | $1.35 | $1.69 | $1.53 | $2.39 | $1.21 | $1.59 | $1.56 | $2.20 | $1.17 | $1.45 | $1.46 | $1.96 | $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 | $1.78 | $2.71 | $1.51 | $1.89 | $1.71 | $2.58 | $1.42 | $1.77 | $1.61 | $2.52 | $1.27 | $1.67 | $1.64 | $2.31 | $1.23 | $1.52 | $1.54 | $2.10 | $1.07 | $1.45 | $1.54 | $2.18 | $1.04 | $1.32 | $1.12 | $1.93 | $1.07 | $1.51 | $1.09 | $2.04 |
| Low Forecast | $1.61 | $2.46 | $1.37 | $1.72 | $1.55 | $2.34 | $1.29 | $1.61 | $1.46 | $2.28 | $1.16 | $1.51 | $1.49 | $2.10 | $1.11 | $1.38 | $1.39 | $1.84 | $0.97 | $1.31 | $1.50 | $1.78 | $0.94 | $1.20 | $1.02 | $1.75 | $1.07 | $1.09 | $0.79 | $1.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.99% | 0.80% | 1.00% | 0.98% | - | 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 | $38.20 | $46.50 | 21.73% | Buy |
| D | Dominion Energy | $57.11 | $62.50 | 9.44% | Hold |
| NEE | NextEra Energy | $79.98 | $83.65 | 4.59% | Buy |
| DUK | Duke Energy | $116.60 | $113.50 | -2.66% | Buy |
| AEP | American Electric Power Company | $102.05 | $99.20 | -2.79% | Buy |
| EIX | Edison | $86.65 | $80.75 | -6.81% | Hold |
| ED | Consolidated Edison | $103.28 | $88.60 | -14.21% | Hold |
| SO | Southern Company | $88.41 | $75.27 | -14.86% | Buy |
DUK Forecast FAQ
Is Duke Energy a good buy?
Yes, according to 10 Wall Street analysts, Duke Energy (DUK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 70.00% of DUK's total ratings.
What is DUK's price target?
Duke Energy (DUK) average price target is $113.5 with a range of $93 to $125, implying a -2.66% from its last price of $116.6. The data is based on 10 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 down by -2.66% (from the last price of $116.6 to the average price target of $113.5), up by 7.20% based on the highest stock price target, and down by -20.24% based on the lowest stock price target.
Can Duke Energy stock reach $200?
DUK's average twelve months analyst stock price target of $113.5 does not support the claim that Duke Energy can reach $200 in the near future.
What is Duke Energy's current price target trend?
3 Wall Street analysts forecast a $120.33 price target for Duke Energy (DUK) this month, up 3.20% from its last price of $116.6. Compared to the last 3 and 12 months, the average price target increased by 1.84% and decreased by -3.95%, 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 $30.28B, low $28.09B), average EBITDA is $12.98B (high $13.49B, low $12.52B), average net income is $5.5B (high $5.78B, low $5.24B), average SG&A $0 (high $0, low $0), and average EPS is $7.12 (high $7.48, low $6.79). DUK's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $28.96B (high $30.1B, low $27.93B), average EBITDA is $12.91B (high $13.42B, low $12.45B), average net income is $5.8B (high $6.09B, low $5.53B), average SG&A $0 (high $0, low $0), and average EPS is $7.51 (high $7.89, low $7.16).
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 $11.25B by 15.85%. The company's net income was $4.33B, missing the average estimation of $4.34B by -0.34%. 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 $3.23B by 5.10%. Duke Energy's net income was $1.14B, missing the average estimation of $1.18B by -4.21%. 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%