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


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ET Stock Forecast


Energy Transfer stock forecast is as follows: an average price target of $21.50 (represents a 5.65% upside from ET’s last price of $20.35) 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 (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 5.65% upside from ET's last price of $20.35.

ET Analyst Ratings


Buy

According to 8 Wall Street analysts, Energy Transfer'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 Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Elvira ScottoRBC Capital$23.00$19.4618.19%13.02%
Oct 17, 2024Jean Ann SalisburyBank of America Securities$20.00$16.4021.95%-1.72%
Jun 18, 2024Gabriel MoreenMizuho Securities$20.00$15.4829.20%-1.72%
May 14, 2024John MackayGoldman Sachs$15.00$15.87-5.48%-26.29%
May 09, 2024Selman AkyolStifel Nicolaus$19.00$16.2516.92%-6.63%
Apr 18, 2024Gabriel MoreenMizuho Securities$19.00$15.2324.75%-6.63%
Jul 18, 2023Gabriel MoreenMizuho Securities$18.00$13.1237.25%-11.55%
Jul 31, 2022Theresa ChenBarclays$13.00$11.3114.94%-36.12%
May 06, 2022Robert KadMorgan Stanley$15.00$11.8826.26%-26.29%
May 05, 2022Shneur GershuniUBS$20.00$11.8868.35%-1.72%
Feb 18, 2022Selman AkyolStifel Nicolaus$15.00$10.0549.25%-26.29%
Sep 21, 2021Colton BeanTudor Pickering$14.00$8.5663.55%-31.20%
Sep 14, 2021Timm SchneiderCitigroup$15.00$9.0066.67%-26.29%
Jun 10, 2021Shneur GershuniUBS$18.00$10.5171.27%-11.55%
May 13, 2021Spiro M. DounisCredit Suisse$13.00$9.5036.84%-36.12%

The latest Energy Transfer 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 13.02% increase from ET last price ($20.35).

Energy Transfer Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$23.00$19.33
Last Closing Price$20.35$20.35$20.35
Upside/Downside-100.00%13.02%-5.01%

In the current month, the average price target of Energy Transfer stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Energy Transfer's last price of $20.35. 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
Jan 13, 2025BarclaysOverweightOverweightHold
Dec 18, 2024Wells FargoOverweightOverweightHold
Dec 09, 2024RBC CapitalOutperformOutperformHold
Oct 16, 2024RBC CapitalOutperformOutperformHold
Aug 12, 2024Wells FargoOverweightOverweightHold
Jun 24, 2024NeedhamBuyInitialise
Jun 10, 2024Morgan StanleyOverweightOverweightHold
May 14, 2024Goldman SachsNeutralNeutralHold
May 04, 2023CFRABuyUpgrade
Jul 31, 2022BarclaysOverweightOverweightHold
Apr 26, 2022Morgan StanleyOverweightOverweightHold
May 13, 2021Credit SuisseOutperformOutperformHold
May 13, 2021Wells FargoOverweightUpgrade

Energy Transfer's last stock rating was published by Barclays on Jan 13, 2025. The company gave ET a "Overweight" rating, the same as its previous rate.

Energy Transfer Financial Forecast


Energy Transfer Revenue Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 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$26.17B$25.67B$25.72B$25.66B$25.59B$23.53B$23.56B$23.51B$22.02B$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$25.55B$24.82B$25.32B$25.75B$26.92B$26.41B$26.46B$26.40B$26.33B$24.21B$24.23B$23.70B$22.66B$22.08B$22.01B$20.91B$22.20B$22.91B$20.99B$22.10B$25.38B$24.75B$20.40B$18.79B$16.62B$15.01B$14.92B$11.71B$10.52B$10.15B
Low Forecast$24.17B$23.48B$23.95B$24.36B$25.47B$24.98B$25.03B$24.97B$24.91B$22.90B$22.92B$23.32B$21.43B$21.10B$22.01B$20.91B$20.71B$18.27B$19.86B$20.91B$22.27B$24.75B$20.40B$18.79B$16.62B$15.01B$14.92B$11.71B$10.52B$10.15B
# Analysts1111111111133111263344443333315
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'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 EBITDA Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133111263344443333315
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$4.83B$4.74B$4.75B$4.73B$4.72B$4.34B$4.35B$4.34B$4.06B$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$4.71B$4.58B$4.67B$4.75B$4.97B$4.87B$4.88B$4.87B$4.86B$4.47B$4.47B$4.37B$4.18B$4.07B$4.06B$3.49B$4.09B$4.23B$3.87B$3.17B$2.81B$3.44B$2.83B$2.88B$2.31B$2.08B$2.07B$10.08B$1.46B$1.41B
Low Forecast$4.46B$4.33B$4.42B$4.49B$4.70B$4.61B$4.62B$4.61B$4.59B$4.23B$4.23B$4.30B$3.95B$3.89B$4.06B$2.33B$3.82B$3.37B$3.66B$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's previous annual EBITDA (Dec 23) of $1.85B.

Energy Transfer Net Income Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133111263344443333315
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$1.62B$1.42B$1.45B$1.51B$1.43B$1.23B$1.18B$1.28B$1.25B$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$1.39B$1.07B$1.14B$1.46B$1.68B$1.48B$1.50B$1.57B$1.49B$1.28B$1.23B$1.47B$1.49B$1.18B$1.20B$1.55B$1.32B$1.39B$1.13B$1.41B$1.08B$1.28B$1.20B$1.28B$913.64M$918.83M$884.95M$6.76B$893.67M$842.04M
Low Forecast$1.30B$996.40M$1.06B$1.36B$1.56B$1.37B$1.40B$1.46B$1.38B$1.19B$1.14B$1.06B$1.08B$1.09B$1.20B$1.04B$960.92M$846.57M$1.05B$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'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 SG&A Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133111263344443333315
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$350.89M$344.26M$344.94M$344.07M$343.16M$315.59M$315.87M$315.22M$295.31M$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$342.56M$332.88M$339.49M$345.29M$360.98M$354.16M$354.86M$353.96M$353.04M$324.67M$324.96M$317.80M$303.80M$296.02M$295.12M$281.78M$297.63M$307.27M$281.46M$256.16M$274.41M$331.95M$273.54M$232.88M$222.84M$201.33M$200.11M$413.15M$141.04M$136.04M
Low Forecast$324.06M$314.90M$321.15M$326.64M$341.49M$335.03M$335.70M$334.85M$333.97M$307.14M$307.41M$312.78M$287.40M$282.88M$295.12M$187.85M$277.75M$244.99M$266.26M$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'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 EPS Forecast

Dec 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 21Jun 21Mar 21Dec 20Sep 20
# Analysts1111111111133111263344443333315
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$0.47$0.41$0.42$0.44$0.42$0.36$0.34$0.37$0.36$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$0.40$0.31$0.33$0.43$0.49$0.43$0.44$0.46$0.43$0.37$0.36$0.43$0.43$0.34$0.35$0.37$0.38$0.40$0.33$0.38$0.41$0.38$0.35$0.30$0.27$0.27$0.26$0.28$0.26$0.25
Low Forecast$0.38$0.29$0.31$0.40$0.45$0.40$0.41$0.42$0.40$0.35$0.33$0.31$0.31$0.32$0.35$0.37$0.28$0.25$0.30$0.36$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'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 Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ENBEnbridge$44.46$63.0041.70%Hold
EPDEnterprise Products Partners$33.71$36.508.28%Buy
ETEnergy Transfer LP$20.35$21.505.65%Buy
PAAPlains All American Pipeline$20.52$20.00-2.53%Hold
KMIKinder Morgan$27.46$26.75-2.59%Hold
OKEONEOK$100.60$97.86-2.72%Buy
MPLXMPLX LP$51.56$48.67-5.61%Buy
WMBWilliams Companies$55.20$51.33-7.01%Buy

ET Forecast FAQ


Is Energy Transfer a good buy?

Yes, according to 8 Wall Street analysts, Energy Transfer (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 (ET) average price target is $21.5 with a range of $20 to $23, implying a 5.65% from its last price of $20.35. 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 stock go up soon?

According to Wall Street analysts' prediction for ET stock, the company can go up by 5.65% (from the last price of $20.35 to the average price target of $21.5), up by 13.02% based on the highest stock price target, and down by -1.72% based on the lowest stock price target.

Can Energy Transfer stock reach $30?

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

What are Energy Transfer's analysts' financial forecasts?

Energy Transfer's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $103.22B (high $106.19B, low $100.46B), average EBITDA is $19.04B (high $19.59B, low $18.53B), average net income is $6B (high $6.22B, low $5.79B), average SG&A $1.38B (high $1.42B, low $1.35B), and average EPS is $1.74 (high $1.81, low $1.68). ET's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $98.6B (high $101.44B, low $95.96B), average EBITDA is $18.19B (high $18.71B, low $17.7B), average net income is $4.89B (high $5.07B, low $4.72B), average SG&A $1.32B (high $1.36B, low $1.29B), and average EPS is $1.42 (high $1.47, low $1.37).

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

Based on Energy Transfer'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'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'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%