Energy Transfer LP (ET) Stock Forecast, Price Target & Predictions


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ET Stock Forecast


Energy Transfer LP stock forecast is as follows: an average price target of $16.40 (represents a -0.18% downside from ET’s last price of $16.43) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

ET Price Target


The average price target for Energy Transfer LP (ET) is $16.40 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $13.00. This represents a potential -0.18% downside from ET's last price of $16.43.

ET Analyst Ratings


Buy

According to 8 Wall Street analysts, Energy Transfer LP's rating consensus is 'Buy'. The analyst rating breakdown for ET stock is 0 'Strong Buy' (0.00%), 7 'Buy' (87.50%), 1 'Hold' (12.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Energy Transfer LP Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Jean Ann SalisburyBank of America Securities$20.00$16.4021.95%21.73%
Jun 18, 2024Gabriel MoreenMizuho Securities$20.00$15.4829.20%21.73%
May 14, 2024John MackayGoldman Sachs$15.00$15.87-5.48%-8.70%
May 09, 2024Selman AkyolStifel Nicolaus$19.00$16.2516.92%15.64%
Apr 18, 2024Gabriel MoreenMizuho Securities$19.00$15.2324.75%15.64%
Jul 18, 2023Gabriel MoreenMizuho Securities$18.00$13.1237.25%9.56%
Jul 31, 2022Theresa ChenBarclays$13.00$11.3114.94%-20.88%
May 06, 2022Robert KadMorgan Stanley$15.00$11.8826.26%-8.70%
May 05, 2022Shneur GershuniUBS$20.00$11.8868.35%21.73%
Feb 18, 2022Selman AkyolStifel Nicolaus$15.00$10.0549.25%-8.70%
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The latest Energy Transfer LP stock forecast, released on Oct 17, 2024 by Jean Ann Salisbury from Bank of America Securities, set a price target of $20.00, which represents a 21.95% increase from the stock price at the time of the forecast ($16.40), and a 21.73% increase from ET last price ($16.43).

Energy Transfer LP Price Target by Period


1M3M12M
# Anlaysts115
Avg Price Target$20.00$20.00$18.60
Last Closing Price$16.43$16.43$16.43
Upside/Downside21.73%21.73%13.21%

In the current month, the average price target of Energy Transfer LP stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 21.73% increase as opposed to Energy Transfer LP's last price of $16.43. This month's average price target is down 0.00% compared to last quarter, and up 7.53% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024RBC CapitalOutperformOutperformHold
Aug 12, 2024Wells FargoOverweightOverweightHold
Jun 24, 2024Needham-BuyInitialise
Jun 10, 2024Morgan StanleyOverweightOverweightHold
May 14, 2024Goldman SachsNeutralNeutralHold
May 04, 2023CFRA-BuyUpgrade
Jul 31, 2022BarclaysOverweightOverweightHold
Apr 26, 2022Morgan StanleyOverweightOverweightHold
May 13, 2021Credit SuisseOutperformOutperformHold
May 13, 2021Wells Fargo-OverweightUpgrade
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Energy Transfer LP's last stock rating was published by RBC Capital on Oct 16, 2024. The company gave ET a "Outperform" rating, the same as its previous rate.

Energy Transfer LP Financial Forecast


Energy Transfer LP Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$20.53B$20.74B$18.32B$19.00B$20.50B$22.94B$25.95B$20.49B$18.66B$16.66B$15.10B$17.00B$10.03B$9.96B$7.34B$11.63B$13.72B$13.49B
Avg Forecast$28.30B$28.03B$27.49B$26.89B$26.21B$25.76B$24.65B$24.66B$22.01B$21.59B$22.01B$20.91B$21.46B$20.92B$20.40B$21.49B$24.19B$24.75B$20.40B$18.79B$16.62B$15.01B$14.92B$11.71B$10.52B$10.15B$11.62B$13.44B$13.47B$13.87B
High Forecast$28.30B$28.03B$27.49B$26.89B$26.21B$25.76B$24.65B$24.66B$22.01B$21.97B$22.01B$20.91B$22.20B$22.91B$20.40B$21.49B$24.19B$24.75B$20.40B$18.79B$16.62B$15.01B$14.92B$11.71B$10.52B$10.15B$11.62B$13.44B$13.47B$13.87B
Low Forecast$28.30B$28.03B$27.49B$26.89B$26.21B$25.76B$24.65B$24.66B$22.01B$21.19B$22.01B$20.91B$20.71B$18.27B$20.40B$21.49B$24.19B$24.75B$20.40B$18.79B$16.62B$15.01B$14.92B$11.71B$10.52B$10.15B$11.62B$13.44B$13.47B$13.87B
# Analysts11111111131126334444333331599168
Surprise %------------0.96%0.99%0.90%0.88%0.85%0.93%1.27%1.09%1.12%1.11%1.01%1.45%0.95%0.98%0.63%0.87%1.02%0.97%

Energy Transfer LP's average Quarter revenue forecast for Mar 24 based on 1 analysts is $20.91B, with a low forecast of $20.91B, and a high forecast of $20.91B. ET's average Quarter revenue forecast represents a 1.83% increase compared to the company's last Quarter revenue of $20.53B (Dec 23).

Energy Transfer LP EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111131126334444333331599168
EBITDA------------$1.85B$1.14B$1.44B$2.16B$2.08B$2.01B$2.16B$2.22B$2.40B$2.21B$2.21B$4.91B$2.25B$740.00M$1.97B$642.00M$2.38B$2.25B
Avg Forecast$3.93B$3.89B$3.82B$3.73B$3.64B$3.58B$3.42B$3.42B$3.06B$3.00B$3.06B$2.91B$2.98B$2.90B$2.83B$2.64B$2.34B$3.44B$2.83B$2.40B$2.31B$2.08B$2.07B$8.40B$1.46B$1.41B$1.61B$-601.36M$1.87B$1.93B
High Forecast$3.93B$3.89B$3.82B$3.73B$3.64B$3.58B$3.42B$3.42B$3.06B$3.05B$3.06B$3.49B$3.08B$3.18B$2.83B$3.17B$2.81B$3.44B$2.83B$2.88B$2.31B$2.08B$2.07B$10.08B$1.46B$1.41B$1.61B$-481.09M$1.87B$1.93B
Low Forecast$3.93B$3.89B$3.82B$3.73B$3.64B$3.58B$3.42B$3.42B$3.06B$2.94B$3.06B$2.33B$2.88B$2.54B$2.83B$2.11B$1.87B$3.44B$2.83B$1.92B$2.31B$2.08B$2.07B$6.72B$1.46B$1.41B$1.61B$-721.64M$1.87B$1.93B
Surprise %------------0.62%0.39%0.51%0.82%0.89%0.58%0.76%0.93%1.04%1.06%1.07%0.58%1.54%0.53%1.22%-1.07%1.27%1.17%

1 analysts predict ET's average Quarter EBITDA for Mar 24 to be $2.91B, with a high of $3.49B and a low of $2.33B. This is 57.45% upper than Energy Transfer LP's previous annual EBITDA (Dec 23) of $1.85B.

Energy Transfer LP Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111131126334444333331599168
Net Income------------$1.33B$584.00M$911.00M$1.11B$1.16B$1.01B$1.33B$1.27B$1.23B$635.00M$626.00M$3.29B$636.00M$-782.00M$353.00M$-855.00M$1.01B$832.00M
Avg Forecast$1.90B$1.75B$1.71B$1.56B$1.34B$1.18B$1.13B$1.23B$1.20B$1.12B$1.18B$1.30B$1.15B$1.14B$1.07B$1.18B$896.20M$1.28B$1.20B$1.07B$913.64M$918.83M$884.95M$5.63B$893.67M$842.04M$912.01M$-2.29B$1.23B$1.29B
High Forecast$1.90B$1.75B$1.71B$1.56B$1.34B$1.18B$1.13B$1.23B$1.20B$1.30B$1.18B$1.55B$1.30B$1.37B$1.07B$1.41B$1.08B$1.28B$1.20B$1.28B$913.64M$918.83M$884.95M$6.76B$893.67M$842.04M$912.01M$-1.83B$1.23B$1.29B
Low Forecast$1.90B$1.75B$1.71B$1.56B$1.34B$1.18B$1.13B$1.23B$1.20B$982.31M$1.18B$1.04B$947.99M$835.18M$1.07B$942.23M$716.96M$1.28B$1.20B$856.58M$913.64M$918.83M$884.95M$4.51B$893.67M$842.04M$912.01M$-2.74B$1.23B$1.29B
Surprise %------------1.16%0.51%0.85%0.94%1.29%0.79%1.10%1.19%1.35%0.69%0.71%0.58%0.71%-0.93%0.39%0.37%0.82%0.65%

Energy Transfer LP's average Quarter net income forecast for Mar 24 is $1.30B, with a range of $1.04B to $1.55B. ET's average Quarter net income forecast represents a -2.37% decrease compared to the company's last Quarter net income of $1.33B (Dec 23).

Energy Transfer LP SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111131126334444333331599168
SG&A------------$285.00M$234.00M$228.00M$238.00M$216.00M$361.00M$211.00M$230.00M$235.00M$198.00M$184.00M$201.00M$156.00M$176.00M$175.00M$204.00M$195.00M$173.00M
Avg Forecast$379.54M$375.89M$368.57M$360.54M$351.52M$345.43M$330.54M$330.70M$295.09M$289.45M$295.12M$234.82M$287.75M$280.57M$273.59M$213.47M$228.67M$331.95M$273.54M$194.06M$222.84M$201.33M$200.11M$344.29M$141.04M$136.04M$155.83M$2.89B$180.62M$186.05M
High Forecast$379.54M$375.89M$368.57M$360.54M$351.52M$345.43M$330.54M$330.70M$295.09M$294.59M$295.12M$281.78M$297.63M$307.27M$273.59M$256.16M$274.41M$331.95M$273.54M$232.88M$222.84M$201.33M$200.11M$413.15M$141.04M$136.04M$155.83M$3.47B$180.62M$186.05M
Low Forecast$379.54M$375.89M$368.57M$360.54M$351.52M$345.43M$330.54M$330.70M$295.09M$284.20M$295.12M$187.85M$277.75M$244.99M$273.59M$170.78M$182.94M$331.95M$273.54M$155.25M$222.84M$201.33M$200.11M$275.43M$141.04M$136.04M$155.83M$2.32B$180.62M$186.05M
Surprise %------------0.99%0.83%0.83%1.11%0.94%1.09%0.77%1.19%1.05%0.98%0.92%0.58%1.11%1.29%1.12%0.07%1.08%0.93%

Energy Transfer LP's average Quarter SG&A projection for Mar 24 is $234.82M, based on 1 Wall Street analysts, with a range of $187.85M to $281.78M. The forecast indicates a -17.61% fall compared to ET last annual SG&A of $285.00M (Dec 23).

Energy Transfer LP EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111131126334444333331599168
EPS------------$0.40-$0.29$0.32$0.34$0.29$0.40$0.38$0.44$0.23$0.23$1.22$0.24$-0.29$0.13$-0.32$0.38$0.32
Avg Forecast$0.56$0.51$0.50$0.46$0.39$0.35$0.33$0.36$0.35$0.33$0.35$0.37$0.34$0.33$0.32$0.37$0.39$0.38$0.35$0.30$0.27$0.27$0.26$0.28$0.26$0.25$0.27$0.33$0.36$0.38
High Forecast$0.56$0.51$0.50$0.46$0.39$0.35$0.33$0.36$0.35$0.38$0.35$0.37$0.38$0.40$0.32$0.37$0.39$0.38$0.35$0.30$0.27$0.27$0.26$0.28$0.26$0.25$0.27$0.33$0.36$0.38
Low Forecast$0.56$0.51$0.50$0.46$0.39$0.35$0.33$0.36$0.35$0.29$0.35$0.37$0.28$0.25$0.32$0.37$0.39$0.38$0.35$0.30$0.27$0.27$0.26$0.28$0.26$0.25$0.27$0.33$0.36$0.38
Surprise %------------1.19%-0.92%0.86%0.88%0.77%1.13%1.26%1.63%0.85%0.88%4.29%0.91%-1.17%0.48%-0.97%1.05%0.84%

According to 1 Wall Street analysts, Energy Transfer LP's projected average Quarter EPS for Mar 24 is $0.37, with a low estimate of $0.37 and a high estimate of $0.37. This represents a -8.20% decrease compared to ET previous annual EPS of $0.40 (Dec 23).

Energy Transfer LP Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ENBEnbridge$40.42$44.179.28%Hold
EPDEnterprise Products Partners$28.82$31.368.81%Buy
ETEnergy Transfer LP$16.43$16.40-0.18%Buy
PAAPlains All American Pipeline$16.39$15.77-3.78%Hold
KMIKinder Morgan$24.18$22.30-7.78%Buy
OKEONEOK$93.36$83.14-10.95%Buy
MPLXMPLX LP$44.21$39.09-11.58%Buy
WMBWilliams Companies$51.56$40.83-20.81%Buy

ET Forecast FAQ


Yes, according to 8 Wall Street analysts, Energy Transfer LP (ET) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 87.50% of ET's total ratings.

Energy Transfer LP (ET) average price target is $16.4 with a range of $13 to $20, implying a -0.18% from its last price of $16.43. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ET stock, the company can go down by -0.18% (from the last price of $16.43 to the average price target of $16.4), up by 21.73% based on the highest stock price target, and down by -20.88% based on the lowest stock price target.

ET's average twelve months analyst stock price target of $16.4 does not support the claim that Energy Transfer LP can reach $20 in the near future.

1 Wall Street analyst forecast a $20 price target for Energy Transfer LP (ET) this month, up 21.73% from its last price of $16.43. Compared to the last 3 and 12 months, the average price target increased by 21.73% and increased by 13.21%, respectively.

Energy Transfer LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $101.28B (high $101.28B, low $101.28B), average EBITDA is $14.06B (high $14.06B, low $14.06B), average net income is $4.88B (high $4.88B, low $4.88B), average SG&A $1.36B (high $1.36B, low $1.36B), and average EPS is $1.44 (high $1.44, low $1.44). ET's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $110.71B (high $110.71B, low $110.71B), average EBITDA is $15.37B (high $15.37B, low $15.37B), average net income is $6.92B (high $6.92B, low $6.92B), average SG&A $1.48B (high $1.48B, low $1.48B), and average EPS is $2.04 (high $2.04, low $2.04).

Based on Energy Transfer LP's last annual report (Dec 2023), the company's revenue was $78.59B, which missed the average analysts forecast of $84.27B by -6.75%. Apple's EBITDA was $6.04B, missing the average prediction of $11.36B by -46.78%. The company's net income was $3.94B, missing the average estimation of $4.53B by -13.15%. Apple's SG&A was $985M, missing the average forecast of $1.06B by -6.67%. Lastly, the company's EPS was $1.24, missing the average prediction of $1.36 by -8.70%. In terms of the last quarterly report (Dec 2023), Energy Transfer LP's revenue was $20.53B, missing the average analysts' forecast of $21.46B by -4.32%. The company's EBITDA was $1.85B, missing the average prediction of $2.98B by -38.03%. Energy Transfer LP's net income was $1.33B, beating the average estimation of $1.15B by 15.85%. The company's SG&A was $285M, missing the average forecast of $287.75M by -0.96%. Lastly, the company's EPS was $0.4, beating the average prediction of $0.337 by 18.55%