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

ET Stock Forecast

Energy Transfer LP stock forecast is as follows: an average price target of $21.50 (represents a 9.69% upside from ET’s last price of $19.60) 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 $21.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $20.00. This represents a potential 9.69% upside from ET's last price of $19.60.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Dec 09, 2024	Elvira Scotto	RBC Capital	$23.00	$19.46	18.19%	17.35%
Oct 17, 2024	Jean Ann Salisbury	Bank of America Securities	$20.00	$16.40	21.95%	2.04%
Jun 18, 2024	Gabriel Moreen	Mizuho Securities	$20.00	$15.48	29.20%	2.04%
May 14, 2024	John Mackay	Goldman Sachs	$15.00	$15.87	-5.48%	-23.47%
May 09, 2024	Selman Akyol	Stifel Nicolaus	$19.00	$16.25	16.92%	-3.06%
Apr 18, 2024	Gabriel Moreen	Mizuho Securities	$19.00	$15.23	24.75%	-3.06%
Jul 18, 2023	Gabriel Moreen	Mizuho Securities	$18.00	$13.12	37.25%	-8.16%
Jul 31, 2022	Theresa Chen	Barclays	$13.00	$11.31	14.94%	-33.67%
May 06, 2022	Robert Kad	Morgan Stanley	$15.00	$11.88	26.26%	-23.47%
May 05, 2022	Shneur Gershuni	UBS	$20.00	$11.88	68.35%	2.04%
Feb 18, 2022	Selman Akyol	Stifel Nicolaus	$15.00	$10.05	49.25%	-23.47%
Sep 21, 2021	Colton Bean	Tudor Pickering	$14.00	$8.56	63.55%	-28.57%
Sep 14, 2021	Timm Schneider	Citigroup	$15.00	$9.00	66.67%	-23.47%
Jun 10, 2021	Shneur Gershuni	UBS	$18.00	$10.51	71.27%	-8.16%
May 13, 2021	Spiro M. Dounis	Credit Suisse	$13.00	$9.50	36.84%	-33.67%

The latest Energy Transfer LP stock forecast, released on Dec 09, 2024 by Elvira Scotto from RBC Capital, set a price target of $23.00, which represents a 18.19% increase from the stock price at the time of the forecast ($19.46), and a 17.35% increase from ET last price ($19.60).

Energy Transfer LP Price Target by Period

	1M	3M	12M
# Anlaysts	1	2	6
Avg Price Target	$23.00	$21.50	$19.33
Last Closing Price	$19.60	$19.60	$19.60
Upside/Downside	17.35%	9.69%	-1.38%

In the current month, the average price target of Energy Transfer LP stock is $23.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 17.35% increase as opposed to Energy Transfer LP's last price of $19.60. This month's average price target is up 6.98% compared to last quarter, and up 18.99% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 18, 2024	Wells Fargo	Overweight	Overweight	Hold
Dec 09, 2024	RBC Capital	Outperform	Outperform	Hold
Oct 16, 2024	RBC Capital	Outperform	Outperform	Hold
Aug 12, 2024	Wells Fargo	Overweight	Overweight	Hold
Jun 24, 2024	Needham		Buy	Initialise
Jun 10, 2024	Morgan Stanley	Overweight	Overweight	Hold
May 14, 2024	Goldman Sachs	Neutral	Neutral	Hold
May 04, 2023	CFRA		Buy	Upgrade
Jul 31, 2022	Barclays	Overweight	Overweight	Hold
Apr 26, 2022	Morgan Stanley	Overweight	Overweight	Hold
May 13, 2021	Credit Suisse	Outperform	Outperform	Hold
May 13, 2021	Wells Fargo		Overweight	Upgrade

Energy Transfer LP's last stock rating was published by Wells Fargo on Dec 18, 2024. The company gave ET a "Overweight" rating, the same as its previous rate.

Energy Transfer LP Financial Forecast

Energy Transfer LP 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
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
Avg Forecast	$24.83B	$24.13B	$24.61B	$25.03B	$26.04B	$25.52B	$25.58B	$25.51B	$25.47B	$23.70B	$23.82B	$23.78B	$21.68B	$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
High Forecast	$26.05B	$25.31B	$25.81B	$26.25B	$27.31B	$26.77B	$26.83B	$26.76B	$26.71B	$24.86B	$24.99B	$23.98B	$21.71B	$22.08B	$22.01B	$20.91B	$22.20B	$22.91B	$21.40B	$22.54B	$25.38B	$24.75B	$20.40B	$18.79B	$16.62B	$15.01B	$14.92B	$11.71B	$10.52B	$10.15B
Low Forecast	$22.86B	$22.22B	$22.66B	$23.04B	$23.97B	$23.50B	$23.55B	$23.49B	$23.45B	$21.82B	$21.93B	$23.60B	$21.65B	$21.10B	$22.01B	$20.91B	$20.71B	$18.27B	$18.78B	$19.78B	$22.27B	$24.75B	$20.40B	$18.79B	$16.62B	$15.01B	$14.92B	$11.71B	$10.52B	$10.15B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	6	3	3	4	4	4	4	3	3	3	3	3	15
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%

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 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	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	6	3	3	4	4	4	4	3	3	3	3	3	15
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
Avg Forecast	$4.58B	$4.45B	$4.54B	$4.62B	$4.80B	$4.71B	$4.72B	$4.71B	$4.70B	$4.37B	$4.39B	$4.39B	$4.00B	$3.98B	$4.06B	$2.91B	$3.96B	$3.86B	$3.76B	$2.64B	$2.34B	$3.44B	$2.83B	$2.40B	$2.31B	$2.08B	$2.07B	$8.40B	$1.46B	$1.41B
High Forecast	$4.80B	$4.67B	$4.76B	$4.84B	$5.04B	$4.94B	$4.95B	$4.94B	$4.93B	$4.59B	$4.61B	$4.42B	$4.00B	$4.07B	$4.06B	$3.49B	$4.09B	$4.23B	$3.95B	$3.17B	$2.81B	$3.44B	$2.83B	$2.88B	$2.31B	$2.08B	$2.07B	$10.08B	$1.46B	$1.41B
Low Forecast	$4.22B	$4.10B	$4.18B	$4.25B	$4.42B	$4.33B	$4.34B	$4.33B	$4.33B	$4.03B	$4.05B	$4.35B	$3.99B	$3.89B	$4.06B	$2.33B	$3.82B	$3.37B	$3.47B	$2.11B	$1.87B	$3.44B	$2.83B	$1.92B	$2.31B	$2.08B	$2.07B	$6.72B	$1.46B	$1.41B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.47%	0.29%	0.38%	0.82%	0.89%	0.58%	0.76%	0.93%	1.04%	1.06%	1.07%	0.58%	1.54%	0.53%

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 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	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	6	3	3	4	4	4	4	3	3	3	3	3	15
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
Avg Forecast	$1.34B	$1.03B	$1.10B	$1.41B	$1.58B	$1.38B	$1.40B	$1.47B	$1.41B	$1.14B	$1.11B	$1.22B	$1.29B	$1.14B	$1.20B	$1.30B	$1.16B	$1.15B	$1.09B	$1.18B	$896.20M	$1.28B	$1.20B	$1.07B	$913.64M	$918.83M	$884.95M	$5.63B	$893.67M	$842.04M
High Forecast	$1.43B	$1.10B	$1.17B	$1.50B	$1.68B	$1.46B	$1.49B	$1.56B	$1.50B	$1.22B	$1.18B	$1.40B	$1.62B	$1.18B	$1.20B	$1.55B	$1.32B	$1.39B	$1.16B	$1.41B	$1.08B	$1.28B	$1.20B	$1.28B	$913.64M	$918.83M	$884.95M	$6.76B	$893.67M	$842.04M
Low Forecast	$1.20B	$925.89M	$987.62M	$1.27B	$1.42B	$1.24B	$1.26B	$1.32B	$1.26B	$1.03B	$997.05M	$1.01B	$1.10B	$1.09B	$1.20B	$1.04B	$960.92M	$846.57M	$974.51M	$942.23M	$716.96M	$1.28B	$1.20B	$856.58M	$913.64M	$918.83M	$884.95M	$4.51B	$893.67M	$842.04M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.14%	0.51%	0.84%	0.94%	1.29%	0.79%	1.10%	1.19%	1.35%	0.69%	0.71%	0.58%	0.71%	-0.93%

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 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	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	6	3	3	4	4	4	4	3	3	3	3	3	15
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
Avg Forecast	$332.98M	$323.57M	$330.00M	$335.63M	$349.13M	$342.25M	$342.96M	$342.10M	$341.51M	$317.86M	$319.47M	$318.94M	$290.73M	$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
High Forecast	$349.26M	$339.39M	$346.13M	$352.04M	$366.20M	$358.98M	$359.73M	$358.83M	$358.21M	$333.40M	$335.09M	$321.54M	$291.09M	$296.02M	$295.12M	$281.78M	$297.63M	$307.27M	$286.97M	$256.16M	$274.41M	$331.95M	$273.54M	$232.88M	$222.84M	$201.33M	$200.11M	$413.15M	$141.04M	$136.04M
Low Forecast	$306.56M	$297.90M	$303.82M	$309.01M	$321.43M	$315.10M	$315.75M	$314.97M	$314.42M	$292.64M	$294.13M	$316.46M	$290.37M	$282.88M	$295.12M	$187.85M	$277.75M	$244.99M	$251.89M	$170.78M	$182.94M	$331.95M	$273.54M	$155.25M	$222.84M	$201.33M	$200.11M	$275.43M	$141.04M	$136.04M
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%

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 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	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	6	3	3	4	4	4	4	3	3	3	3	3	15
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
Avg Forecast	$0.39	$0.30	$0.32	$0.41	$0.46	$0.40	$0.41	$0.43	$0.41	$0.33	$0.32	$0.36	$0.37	$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
High Forecast	$0.41	$0.32	$0.34	$0.44	$0.49	$0.43	$0.43	$0.45	$0.44	$0.35	$0.34	$0.41	$0.47	$0.34	$0.35	$0.37	$0.38	$0.40	$0.34	$0.39	$0.41	$0.38	$0.35	$0.30	$0.27	$0.27	$0.26	$0.28	$0.26	$0.25
Low Forecast	$0.35	$0.27	$0.29	$0.37	$0.41	$0.36	$0.37	$0.38	$0.37	$0.30	$0.29	$0.29	$0.32	$0.32	$0.35	$0.37	$0.28	$0.25	$0.28	$0.33	$0.35	$0.38	$0.35	$0.30	$0.27	$0.27	$0.26	$0.28	$0.26	$0.25
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%

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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
ENB	Enbridge	$41.87	$63.00	50.47%	Hold
PAA	Plains All American Pipeline	$17.13	$20.00	16.75%	Hold
EPD	Enterprise Products Partners	$31.49	$35.33	12.19%	Buy
ET	Energy Transfer LP	$19.60	$21.50	9.69%	Buy
MPLX	MPLX LP	$48.46	$48.67	0.43%	Buy
KMI	Kinder Morgan	$27.33	$26.90	-1.57%	Buy
OKE	ONEOK	$102.19	$97.86	-4.24%	Buy
WMB	Williams Companies	$54.60	$51.33	-5.99%	Buy

ET Forecast FAQ

Is Energy Transfer LP a good buy?

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.

What is ET's price target?

Energy Transfer LP (ET) average price target is $21.5 with a range of $20 to $23, implying a 9.69% from its last price of $19.6. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Energy Transfer LP stock go up soon?

According to Wall Street analysts' prediction for ET stock, the company can go up by 9.69% (from the last price of $19.6 to the average price target of $21.5), up by 17.35% based on the highest stock price target, and up by 2.04% based on the lowest stock price target.

Can Energy Transfer LP stock reach $30?

ET's average twelve months analyst stock price target of $21.5 does not support the claim that Energy Transfer LP can reach $30 in the near future.

What is Energy Transfer LP's current price target trend?

1 Wall Street analyst forecast a $23 price target for Energy Transfer LP (ET) this month, up 17.35% from its last price of $19.6. Compared to the last 3 and 12 months, the average price target increased by 9.69% and decreased by -1.38%, respectively.

What are Energy Transfer LP's analysts' financial forecasts?

Energy Transfer LP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $102.65B (high $107.66B, low $94.5B), average EBITDA is $18.94B (high $19.86B, low $17.43B), average net income is $5.83B (high $6.2B, low $5.23B), average SG&A $1.38B (high $1.44B, low $1.27B), and average EPS is $1.69 (high $1.8, low $1.52). ET's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $98.6B (high $103.42B, low $90.78B), average EBITDA is $18.19B (high $19.08B, low $16.75B), average net income is $4.89B (high $5.2B, low $4.38B), average SG&A $1.32B (high $1.39B, low $1.22B), and average EPS is $1.42 (high $1.51, low $1.27).

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

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 $14.22B by -57.50%. The company's net income was $3.94B, missing the average estimation of $4.58B by -14.02%. 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 $3.96B by -53.37%. Energy Transfer LP's net income was $1.33B, beating the average estimation of $1.16B by 14.29%. 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%