Enterprise Products Partners (EPD) Stock Forecast, Price Target & Predictions
EPD Stock Forecast
Enterprise Products Partners stock forecast is as follows: an average price target of $30.50 (represents a 2.97% upside from EPD’s last price of $29.62) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
EPD Price Target
The average price target for Enterprise Products Partners (EPD) is $30.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $27.00. This represents a potential 2.97% upside from EPD's last price of $29.62.
EPD Analyst Ratings
According to 4 Wall Street analysts, Enterprise Products Partners's rating consensus is 'Buy'. The analyst rating breakdown for EPD stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Enterprise Products Partners Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 01, 2024 | Michael Blum | Wells Fargo | $35.00 | $28.86 | 21.28% | 18.16% |
| Apr 04, 2024 | Tristan Richardson | Scotiabank | $32.00 | $29.88 | 7.10% | 8.04% |
| May 03, 2022 | - | Mizuho Securities | $32.00 | $26.13 | 22.46% | 8.04% |
| May 03, 2022 | - | Raymond James | $31.00 | $25.61 | 21.05% | 4.66% |
| May 02, 2022 | - | Truist Financial | $27.00 | $25.99 | 3.89% | -8.85% |
| Apr 28, 2022 | - | Wells Fargo | $30.00 | $25.79 | 16.35% | 1.28% |
| Apr 26, 2022 | - | Morgan Stanley | $31.00 | $26.06 | 18.95% | 4.66% |
| Feb 08, 2022 | Todd Firestone | Evercore ISI | $30.00 | $24.10 | 24.48% | 1.28% |
| Jan 07, 2022 | Robert Kad | Morgan Stanley | $27.00 | $22.95 | 17.65% | -8.85% |
| Nov 03, 2021 | Linda Ezergailis | TD Securities | $29.00 | $21.82 | 32.91% | -2.09% |
The latest Enterprise Products Partners stock forecast, released on Aug 01, 2024 by Michael Blum from Wells Fargo, set a price target of $35.00, which represents a 21.28% increase from the stock price at the time of the forecast ($28.86), and a 18.16% increase from EPD last price ($29.62).
Enterprise Products Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $35.00 | $33.50 |
| Last Closing Price | $29.62 | $29.62 | $29.62 |
| Upside/Downside | -100.00% | 18.16% | 13.10% |
In the current month, the average price target of Enterprise Products Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Enterprise Products Partners's last price of $29.62. 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 |
|---|---|---|---|---|
| Aug 01, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Jun 10, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jun 10, 2024 | Scotiabank | Underperform | Underperform | Hold |
| Apr 04, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Apr 04, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Feb 21, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Feb 21, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jan 09, 2023 | Wolfe Research | - | Outperform | Upgrade |
| Apr 28, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Apr 26, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Enterprise Products Partners's last stock rating was published by Wells Fargo on Aug 01, 2024. The company gave EPD a "Overweight" rating, the same as its previous rate.
Enterprise Products Partners Financial Forecast
Enterprise Products Partners Revenue Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.62B | $12.00B | $10.65B | $12.44B | $13.65B | $15.47B | - | $13.01B | $11.37B | $10.83B | $9.45B | $9.16B | $7.04B | $6.92B |
| Avg Forecast | $22.01B | $21.24B | $20.50B | $19.79B | $19.10B | $18.43B | $17.79B | $17.17B | $16.25B | $15.04B | $14.79B | $14.78B | $14.62B | $14.32B | $14.23B | $13.82B | $12.43B | $11.08B | $12.34B | $14.09B | $15.44B | $14.63B | $12.28B | $10.58B | $10.06B | $8.90B | $8.05B | $7.11B | $7.60B | $7.45B |
| High Forecast | $23.27B | $22.46B | $21.68B | $20.92B | $20.19B | $19.49B | $18.81B | $18.16B | $17.19B | $15.90B | $15.64B | $15.63B | $15.46B | $14.44B | $15.05B | $14.61B | $12.54B | $12.77B | $13.05B | $14.90B | $16.33B | $15.47B | $12.28B | $11.40B | $10.83B | $9.59B | $8.67B | $7.66B | $8.18B | $8.02B |
| Low Forecast | $20.64B | $19.92B | $19.23B | $18.56B | $17.91B | $17.29B | $16.68B | $16.10B | $15.24B | $14.10B | $13.87B | $13.86B | $13.71B | $14.20B | $13.35B | $12.96B | $12.29B | $9.83B | $11.57B | $13.21B | $14.48B | $13.72B | $12.28B | $9.88B | $9.39B | $8.31B | $7.52B | $6.64B | $7.10B | $6.96B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 1.08% | 0.86% | 0.88% | 0.88% | 1.06% | - | 1.23% | 1.13% | 1.22% | 1.17% | 1.29% | 0.93% | 0.93% |
Enterprise Products Partners's average Quarter revenue forecast for Mar 24 based on 1 analysts is $13.82B, with a low forecast of $12.96B, and a high forecast of $14.61B. EPD's average Quarter revenue forecast represents a -5.52% decrease compared to the company's last Quarter revenue of $14.62B (Dec 23).
Enterprise Products Partners EBITDA Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.41B | $1.70B | $1.60B | $1.75B | $1.79B | $1.72B | - | $1.67B | $1.67B | $2.01B | $1.98B | $2.19B | $1.20B | $1.86B |
| Avg Forecast | $3.58B | $3.46B | $3.34B | $3.22B | $3.11B | $3.00B | $2.90B | $2.80B | $2.65B | $2.45B | $2.41B | $2.41B | $2.38B | $2.33B | $2.32B | $2.33B | $2.02B | $1.80B | $2.01B | $2.12B | $2.51B | $2.21B | $2.00B | $1.92B | $1.86B | $2.01B | $1.94B | $1.60B | $1.84B | $1.86B |
| High Forecast | $3.79B | $3.66B | $3.53B | $3.41B | $3.29B | $3.17B | $3.06B | $2.96B | $2.80B | $2.59B | $2.55B | $2.55B | $2.52B | $2.35B | $2.45B | $2.79B | $2.04B | $2.08B | $2.12B | $2.54B | $2.66B | $2.65B | $2.00B | $2.31B | $2.23B | $2.41B | $2.33B | $1.92B | $2.21B | $2.23B |
| Low Forecast | $3.36B | $3.24B | $3.13B | $3.02B | $2.92B | $2.81B | $2.72B | $2.62B | $2.48B | $2.30B | $2.26B | $2.26B | $2.23B | $2.31B | $2.17B | $1.86B | $2.00B | $1.60B | $1.88B | $1.69B | $2.36B | $1.76B | $2.00B | $1.54B | $1.49B | $1.60B | $1.55B | $1.28B | $1.47B | $1.49B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.94% | 0.80% | 0.83% | 0.71% | 0.78% | - | 0.87% | 0.90% | 1.00% | 1.02% | 1.37% | 0.65% | 1.00% |
1 analysts predict EPD's average Quarter EBITDA for Mar 24 to be $2.33B, with a high of $2.79B and a low of $1.86B. This is -3.31% lower than Enterprise Products Partners's previous annual EBITDA (Dec 23) of $2.41B.
Enterprise Products Partners Net Income Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.57B | $1.32B | $1.25B | $1.39B | $1.42B | $1.36B | - | $1.30B | $1.06B | $1.15B | $1.11B | $1.34B | $338.20M | $1.05B |
| Avg Forecast | $1.80B | $1.84B | $1.76B | $1.63B | $1.72B | $1.70B | $1.58B | $1.60B | $1.64B | $1.60B | $1.50B | $1.51B | $1.57B | $1.50B | $1.45B | $1.39B | $1.49B | $1.40B | $1.27B | $1.27B | $1.36B | $1.27B | $1.38B | $1.15B | $1.15B | $1.15B | $1.09B | $978.03M | $517.45M | $1.05B |
| High Forecast | $1.93B | $1.98B | $1.89B | $1.75B | $1.84B | $1.83B | $1.70B | $1.72B | $1.76B | $1.72B | $1.62B | $1.62B | $1.69B | $1.65B | $1.56B | $1.67B | $1.60B | $1.47B | $1.37B | $1.52B | $1.47B | $1.52B | $1.38B | $1.38B | $1.37B | $1.38B | $1.31B | $1.17B | $620.94M | $1.26B |
| Low Forecast | $1.65B | $1.69B | $1.61B | $1.50B | $1.58B | $1.56B | $1.45B | $1.47B | $1.51B | $1.47B | $1.38B | $1.39B | $1.45B | $1.41B | $1.33B | $1.11B | $1.42B | $1.32B | $1.17B | $1.01B | $1.25B | $1.02B | $1.38B | $920.14M | $916.66M | $923.04M | $872.83M | $782.42M | $413.96M | $842.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.94% | 0.98% | 1.10% | 1.04% | 1.07% | - | 1.13% | 0.93% | 1.00% | 1.02% | 1.37% | 0.65% | 1.00% |
Enterprise Products Partners's average Quarter net income forecast for Mar 24 is $1.39B, with a range of $1.11B to $1.67B. EPD's average Quarter net income forecast represents a -11.24% decrease compared to the company's last Quarter net income of $1.57B (Dec 23).
Enterprise Products Partners SG&A Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.00M | $59.00M | $56.00M | $57.00M | $62.00M | $55.00M | - | $62.00M | $54.20M | $47.30M | $51.50M | $56.30M | $56.80M | $50.30M |
| Avg Forecast | $125.23M | $120.86M | $116.65M | $112.58M | $108.65M | $104.87M | $101.21M | $97.68M | $92.46M | $85.55M | $84.17M | $84.11M | $83.16M | $81.46M | $80.96M | $66.53M | $70.73M | $63.05M | $70.20M | $60.48M | $87.87M | $52.03M | $69.86M | $54.98M | $60.34M | $47.30M | $50.47M | $41.05M | $86.90M | $50.30M |
| High Forecast | $132.42M | $127.80M | $123.35M | $119.05M | $114.90M | $110.89M | $107.02M | $103.29M | $97.77M | $90.47M | $89.00M | $88.94M | $87.93M | $82.17M | $85.62M | $79.83M | $71.34M | $72.65M | $74.24M | $72.58M | $92.92M | $62.44M | $69.86M | $65.98M | $72.40M | $56.76M | $60.56M | $49.26M | $104.28M | $60.36M |
| Low Forecast | $117.44M | $113.35M | $109.39M | $105.58M | $101.90M | $98.35M | $94.92M | $91.61M | $86.71M | $80.23M | $78.93M | $78.88M | $77.99M | $80.81M | $75.93M | $53.22M | $69.90M | $55.93M | $65.84M | $48.38M | $82.40M | $41.62M | $69.86M | $43.98M | $48.27M | $37.84M | $40.38M | $32.84M | $69.52M | $40.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.94% | 0.80% | 0.94% | 0.71% | 1.06% | - | 1.13% | 0.90% | 1.00% | 1.02% | 1.37% | 0.65% | 1.00% |
Enterprise Products Partners's average Quarter SG&A projection for Mar 24 is $66.53M, based on 1 Wall Street analysts, with a range of $53.22M to $79.83M. The forecast indicates a 12.76% rise compared to EPD last annual SG&A of $59.00M (Dec 23).
Enterprise Products Partners EPS Forecast
| 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.72 | $0.61 | $0.58 | $0.64 | $0.65 | $0.62 | - | $0.59 | $0.49 | $0.53 | $0.51 | $0.61 | $0.15 | $0.48 |
| Avg Forecast | $0.82 | $0.84 | $0.80 | $0.74 | $0.78 | $0.77 | $0.72 | $0.73 | $0.75 | $0.73 | $0.69 | $0.69 | $0.72 | $0.68 | $0.66 | $0.67 | $0.68 | $0.64 | $0.58 | $0.61 | $0.62 | $0.62 | $0.63 | $0.53 | $0.54 | $0.51 | $0.50 | $0.48 | $0.50 | $0.48 |
| High Forecast | $0.88 | $0.90 | $0.86 | $0.80 | $0.84 | $0.83 | $0.77 | $0.79 | $0.80 | $0.78 | $0.74 | $0.74 | $0.77 | $0.75 | $0.71 | $0.72 | $0.73 | $0.67 | $0.62 | $0.66 | $0.67 | $0.67 | $0.63 | $0.58 | $0.59 | $0.57 | $0.55 | $0.53 | $0.55 | $0.53 |
| Low Forecast | $0.75 | $0.77 | $0.74 | $0.68 | $0.72 | $0.71 | $0.66 | $0.67 | $0.69 | $0.67 | $0.63 | $0.63 | $0.66 | $0.64 | $0.61 | $0.61 | $0.65 | $0.60 | $0.53 | $0.57 | $0.57 | $0.57 | $0.63 | $0.48 | $0.49 | $0.47 | $0.46 | $0.44 | $0.46 | $0.44 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.95% | 1.00% | 1.04% | 1.05% | 1.00% | - | 1.12% | 0.92% | 1.03% | 1.01% | 1.27% | 0.31% | 1.00% |
According to 1 Wall Street analysts, Enterprise Products Partners's projected average Quarter EPS for Mar 24 is $0.67, with a low estimate of $0.61 and a high estimate of $0.72. This represents a -7.13% decrease compared to EPD previous annual EPS of $0.72 (Dec 23).
Enterprise Products Partners Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TRP | TC Energy | $46.55 | $51.28 | 10.16% | Buy |
| ENB | Enbridge | $40.73 | $44.17 | 8.45% | Hold |
| EPD | Enterprise Products Partners | $29.62 | $30.50 | 2.97% | Buy |
| ET | Energy Transfer LP | $16.17 | $16.00 | -1.05% | Buy |
| KMI | Kinder Morgan | $21.14 | $20.57 | -2.70% | Buy |
| PAA | Plains All American Pipeline | $17.71 | $15.58 | -12.03% | Hold |
| MPLX | MPLX LP | $43.78 | $38.30 | -12.52% | Buy |
| WMB | Williams Companies | $45.03 | $39.00 | -13.39% | Hold |
| OKE | ONEOK | $91.37 | $76.15 | -16.66% | Buy |
EPD Forecast FAQ
Is Enterprise Products Partners a good buy?
Yes, according to 4 Wall Street analysts, Enterprise Products Partners (EPD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of EPD's total ratings.
What is EPD's price target?
Enterprise Products Partners (EPD) average price target is $30.5 with a range of $27 to $35, implying a 2.97% from its last price of $29.62. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Enterprise Products Partners stock go up soon?
According to Wall Street analysts' prediction for EPD stock, the company can go up by 2.97% (from the last price of $29.62 to the average price target of $30.5), up by 18.16% based on the highest stock price target, and down by -8.85% based on the lowest stock price target.
Can Enterprise Products Partners stock reach $40?
EPD's average twelve months analyst stock price target of $30.5 does not support the claim that Enterprise Products Partners can reach $40 in the near future.
What are Enterprise Products Partners's analysts' financial forecasts?
Enterprise Products Partners's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $72.49B (high $76.65B, low $67.98B), average EBITDA is $11.8B (high $12.48B, low $11.07B), average net income is $6.6B (high $7.09B, low $6.07B), average SG&A $412.41M (high $436.1M, low $386.77M), and average EPS is $3.01 (high $3.23, low $2.76). EPD's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $83.54B (high $88.34B, low $78.35B), average EBITDA is $13.6B (high $14.38B, low $12.76B), average net income is $7.03B (high $7.55B, low $6.46B), average SG&A $475.31M (high $502.62M, low $445.76M), and average EPS is $3.2 (high $3.44, low $2.94).
Did the EPD's actual financial results beat the analysts' financial forecasts?
Based on Enterprise Products Partners's last annual report (Dec 2023), the company's revenue was $49.72B, which missed the average analysts forecast of $49.94B by -0.45%. Apple's EBITDA was $8.81B, beating the average prediction of $7.95B by 10.78%. The company's net income was $5.53B, beating the average estimation of $5.43B by 1.85%. Apple's SG&A was $231M, missing the average forecast of $264.46M by -12.65%. Lastly, the company's EPS was $2.52, beating the average prediction of $2.51 by 0.24%. In terms of the last quarterly report (Dec 2023), Enterprise Products Partners's revenue was $14.62B, beating the average analysts' forecast of $12.43B by 17.62%. The company's EBITDA was $2.41B, beating the average prediction of $2.02B by 18.93%. Enterprise Products Partners's net income was $1.57B, beating the average estimation of $1.49B by 5.38%. The company's SG&A was $59M, missing the average forecast of $70.73M by -16.58%. Lastly, the company's EPS was $0.72, beating the average prediction of $0.678 by 6.17%