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 $16.00 (represents a -0.12% downside from ET’s last price of $16.02) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ET Price Target
The average price target for Energy Transfer LP (ET) is $16.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $13.00. This represents a potential -0.12% downside from ET's last price of $16.02.
ET Analyst Ratings
According to 7 Wall Street analysts, Energy Transfer LP's rating consensus is 'Buy'. The analyst rating breakdown for ET stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 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 |
|---|---|---|---|---|---|---|
| Jun 18, 2024 | Gabriel Moreen | Mizuho Securities | $20.00 | $15.48 | 29.20% | 24.84% |
| May 14, 2024 | John Mackay | Goldman Sachs | $15.00 | $15.87 | -5.48% | -6.37% |
| May 09, 2024 | Selman Akyol | Stifel Nicolaus | $19.00 | $16.25 | 16.92% | 18.60% |
| Apr 18, 2024 | Gabriel Moreen | Mizuho Securities | $19.00 | $15.23 | 24.75% | 18.60% |
| Jul 18, 2023 | Gabriel Moreen | Mizuho Securities | $18.00 | $13.12 | 37.25% | 12.36% |
| Jul 31, 2022 | Theresa Chen | Barclays | $13.00 | $11.31 | 14.94% | -18.85% |
| May 06, 2022 | Robert Kad | Morgan Stanley | $15.00 | $11.88 | 26.26% | -6.37% |
| May 05, 2022 | Shneur Gershuni | UBS | $20.00 | $11.88 | 68.35% | 24.84% |
| Feb 18, 2022 | Selman Akyol | Stifel Nicolaus | $15.00 | $10.05 | 49.25% | -6.37% |
| Sep 21, 2021 | Colton Bean | Tudor Pickering | $14.00 | $8.56 | 63.55% | -12.61% |
The latest Energy Transfer LP stock forecast, released on Jun 18, 2024 by Gabriel Moreen from Mizuho Securities, set a price target of $20.00, which represents a 29.20% increase from the stock price at the time of the forecast ($15.48), and a 24.84% increase from ET last price ($16.02).
Energy Transfer LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $20.00 | $18.25 |
| Last Closing Price | $16.02 | $16.02 | $16.02 |
| Upside/Downside | -100.00% | 24.84% | 13.92% |
In the current month, the average price target of Energy Transfer LP 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 LP's last price of $16.02. 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 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 Aug 12, 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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $20.53B | $20.74B | $18.32B | $19.00B | $20.50B | $22.94B | - | $20.49B | $18.66B | $16.66B | $15.10B | $17.00B | $10.03B | $9.96B | $7.34B | $11.63B | $13.72B | $13.49B |
| Avg Forecast | $28.01B | $27.64B | $27.20B | $26.61B | $26.13B | $25.63B | $24.59B | $24.59B | $22.73B | $22.31B | $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 | $29.54B | $29.16B | $28.69B | $28.06B | $27.56B | $27.03B | $25.93B | $25.93B | $23.98B | $22.75B | $23.21B | $22.05B | $22.20B | $22.91B | $21.52B | $22.66B | $25.52B | $26.11B | $20.40B | $19.53B | $17.27B | $15.60B | $15.51B | $12.17B | $10.93B | $10.54B | $12.08B | $13.97B | $14.00B | $14.42B |
| Low Forecast | $26.53B | $26.19B | $25.77B | $25.21B | $24.76B | $24.28B | $23.29B | $23.29B | $21.54B | $21.87B | $20.85B | $19.81B | $20.71B | $18.27B | $19.33B | $20.36B | $22.92B | $23.45B | $20.40B | $17.68B | $15.64B | $14.13B | $14.04B | $11.02B | $9.90B | $9.55B | $10.93B | $12.64B | $12.67B | $13.06B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.99% | 0.90% | 0.88% | 0.85% | 0.93% | - | 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 $19.81B, and a high forecast of $22.05B. 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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.85B | $1.14B | $1.44B | $2.16B | $2.08B | $2.01B | - | $2.22B | $2.40B | $2.21B | $2.21B | $4.91B | $2.25B | $740.00M | $1.97B | $642.00M | $2.38B | $2.25B |
| Avg Forecast | $3.89B | $3.84B | $3.78B | $3.69B | $3.63B | $3.56B | $3.41B | $3.41B | $3.16B | $3.10B | $3.06B | $2.91B | $2.98B | $2.90B | $2.83B | $2.64B | $3.36B | $2.92B | $2.83B | $2.40B | $2.13B | $2.66B | $2.58B | $8.40B | $2.85B | $2.14B | $2.72B | $-601.36M | $1.49B | $2.60B |
| High Forecast | $4.10B | $4.05B | $3.98B | $3.90B | $3.83B | $3.75B | $3.60B | $3.60B | $3.33B | $3.16B | $3.22B | $3.49B | $3.08B | $3.18B | $2.99B | $3.17B | $3.54B | $3.51B | $2.83B | $2.88B | $2.55B | $3.19B | $3.10B | $10.08B | $3.42B | $2.56B | $3.26B | $-481.09M | $1.79B | $3.12B |
| Low Forecast | $3.68B | $3.64B | $3.58B | $3.50B | $3.44B | $3.37B | $3.23B | $3.23B | $2.99B | $3.04B | $2.89B | $2.33B | $2.88B | $2.54B | $2.68B | $2.11B | $3.18B | $2.34B | $2.83B | $1.92B | $1.70B | $2.12B | $2.07B | $6.72B | $2.28B | $1.71B | $2.17B | $-721.64M | $1.19B | $2.08B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.39% | 0.51% | 0.82% | 0.62% | 0.69% | - | 0.93% | 1.13% | 0.83% | 0.86% | 0.58% | 0.79% | 0.35% | 0.72% | -1.07% | 1.60% | 0.86% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $1.33B | $584.00M | $911.00M | $1.11B | $1.16B | $1.01B | - | $1.27B | $1.23B | $635.00M | $626.00M | $3.29B | $636.00M | $-782.00M | $353.00M | $-855.00M | $1.01B | $832.00M |
| Avg Forecast | $1.87B | $1.68B | $1.69B | $1.54B | $1.33B | $1.16B | $1.13B | $1.23B | $1.20B | $1.12B | $1.18B | $1.30B | $1.15B | $1.14B | $1.07B | $1.18B | $1.31B | $838.20M | $1.20B | $1.07B | $814.73M | $762.00M | $730.33M | $5.63B | $807.23M | $-2.26B | $487.90M | $-2.29B | $955.78M | $963.37M |
| High Forecast | $2.00B | $1.80B | $1.81B | $1.65B | $1.43B | $1.24B | $1.21B | $1.32B | $1.28B | $1.30B | $1.27B | $1.55B | $1.30B | $1.37B | $1.15B | $1.41B | $1.41B | $1.01B | $1.20B | $1.28B | $977.68M | $914.40M | $876.40M | $6.76B | $968.68M | $-1.81B | $585.48M | $-1.83B | $1.15B | $1.16B |
| Low Forecast | $1.74B | $1.57B | $1.57B | $1.43B | $1.24B | $1.08B | $1.05B | $1.15B | $1.11B | $982.08M | $1.10B | $1.04B | $947.99M | $835.18M | $998.61M | $942.23M | $1.22B | $670.56M | $1.20B | $856.58M | $651.78M | $609.60M | $584.27M | $4.51B | $645.78M | $-2.71B | $390.32M | $-2.74B | $764.62M | $770.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.51% | 0.85% | 0.94% | 0.88% | 1.20% | - | 1.19% | 1.51% | 0.83% | 0.86% | 0.58% | 0.79% | 0.35% | 0.72% | 0.37% | 1.06% | 0.86% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $285.00M | $234.00M | $228.00M | $238.00M | $216.00M | $361.00M | - | $230.00M | $235.00M | $198.00M | $184.00M | $201.00M | $156.00M | $176.00M | $175.00M | $204.00M | $195.00M | $173.00M |
| Avg Forecast | $375.54M | $370.67M | $364.73M | $356.79M | $350.40M | $343.71M | $329.71M | $329.70M | $304.84M | $299.21M | $295.12M | $234.82M | $287.75M | $280.57M | $273.59M | $213.47M | $324.43M | $261.36M | $273.54M | $194.06M | $207.88M | $237.60M | $214.67M | $344.29M | $198.00M | $508.20M | $241.88M | $2.89B | $1.02B | $1.13B |
| High Forecast | $396.09M | $390.96M | $384.69M | $376.32M | $369.57M | $362.52M | $347.75M | $347.74M | $321.52M | $305.13M | $311.27M | $281.78M | $297.63M | $307.27M | $288.57M | $256.16M | $342.18M | $313.63M | $273.54M | $232.88M | $249.46M | $285.12M | $257.60M | $413.15M | $237.60M | $609.84M | $290.25M | $3.47B | $1.23B | $1.36B |
| Low Forecast | $355.78M | $351.17M | $345.54M | $338.02M | $331.96M | $325.63M | $312.36M | $312.35M | $288.80M | $293.29M | $279.59M | $187.85M | $277.75M | $244.99M | $259.20M | $170.78M | $307.35M | $209.09M | $273.54M | $155.25M | $166.31M | $190.08M | $171.73M | $275.43M | $158.40M | $406.56M | $193.50M | $2.32B | $818.27M | $906.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.83% | 0.83% | 1.11% | 0.67% | 1.38% | - | 1.19% | 1.13% | 0.83% | 0.86% | 0.58% | 0.79% | 0.35% | 0.72% | 0.07% | 0.19% | 0.15% |
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 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 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 7 | 7 | 8 | 7 | 10 | 9 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.40 | - | $0.29 | $0.32 | $0.34 | $0.29 | - | $0.38 | $0.44 | $0.23 | $0.23 | $1.22 | $0.24 | $-0.29 | $0.13 | $-0.32 | $0.38 | $0.32 |
| Avg Forecast | $0.55 | $0.50 | $0.50 | $0.45 | $0.39 | $0.34 | $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 | $0.59 | $0.53 | $0.53 | $0.49 | $0.42 | $0.37 | $0.36 | $0.39 | $0.38 | $0.38 | $0.37 | $0.39 | $0.38 | $0.40 | $0.34 | $0.40 | $0.41 | $0.40 | $0.35 | $0.32 | $0.28 | $0.28 | $0.27 | $0.30 | $0.28 | $0.26 | $0.28 | $0.35 | $0.38 | $0.40 |
| Low Forecast | $0.51 | $0.46 | $0.46 | $0.42 | $0.37 | $0.32 | $0.31 | $0.34 | $0.33 | $0.29 | $0.32 | $0.34 | $0.28 | $0.25 | $0.29 | $0.35 | $0.36 | $0.35 | $0.35 | $0.28 | $0.25 | $0.25 | $0.24 | $0.26 | $0.24 | $0.23 | $0.25 | $0.30 | $0.34 | $0.35 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | - | 0.92% | 0.86% | 0.88% | 0.77% | - | 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 $0.34 and a high estimate of $0.39. 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 | $40.82 | $44.17 | 8.21% | Hold |
| EPD | Enterprise Products Partners | $29.52 | $30.50 | 3.32% | Buy |
| ET | Energy Transfer LP | $16.02 | $16.00 | -0.12% | Buy |
| KMI | Kinder Morgan | $21.56 | $20.57 | -4.59% | Hold |
| PAA | Plains All American Pipeline | $17.79 | $15.58 | -12.42% | Hold |
| MPLX | MPLX LP | $43.86 | $38.30 | -12.68% | Buy |
| WMB | Williams Companies | $45.53 | $39.00 | -14.34% | Hold |
| OKE | ONEOK | $94.66 | $79.00 | -16.54% | Buy |
ET Forecast FAQ
Is Energy Transfer LP a good buy?
Yes, according to 7 Wall Street analysts, Energy Transfer LP (ET) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of ET's total ratings.
What is ET's price target?
Energy Transfer LP (ET) average price target is $16 with a range of $13 to $20, implying a -0.12% from its last price of $16.02. The data is based on 7 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 down by -0.12% (from the last price of $16.02 to the average price target of $16), up by 24.84% based on the highest stock price target, and down by -18.85% based on the lowest stock price target.
Can Energy Transfer LP stock reach $20?
ET's average twelve months analyst stock price target of $16 does not support the claim that Energy Transfer LP can reach $20 in the near future.
What are Energy Transfer LP's analysts' financial forecasts?
Energy Transfer LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $100.94B (high $106.46B, low $95.63B), average EBITDA is $14.01B (high $14.78B, low $13.28B), average net income is $4.85B (high $5.2B, low $4.52B), average SG&A $1.35B (high $1.43B, low $1.28B), and average EPS is $1.43 (high $1.53, low $1.33). ET's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $109.45B (high $115.44B, low $103.69B), average EBITDA is $15.2B (high $16.03B, low $14.4B), average net income is $6.77B (high $7.25B, low $6.31B), average SG&A $1.47B (high $1.55B, low $1.39B), and average EPS is $1.99 (high $2.14, low $1.86).
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 $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%