
DTE Energy (DTE) Stock Forecast & Price Target
DTE Energy (DTE) Analyst Ratings
Bulls say
DTE Energy's robust financial outlook is bolstered by a 22% increase in its five-year capital expenditure (capex) plan, now projected at $36.5 billion for 2026-2030, which positions the company to expand its infrastructure and meet growing demand. The company's management anticipates earnings per share (EPS) growth rates of 6%-8% with an expectation of reaching the higher end of this range in 2025-2027, aided by renewable natural gas tax credits that would outpace sector peers. Additionally, DTE's available 1GW of excess generation capacity provides a competitive advantage, allowing for quick market responsiveness to new customer demand, including opportunities from emerging sectors like data centers.
Bears say
DTE Energy's management has revised its target for the funds from operations (FFO) to debt ratio to approximately 15%, indicating a slight reduction from previous estimates but still above the downgrade threshold, raising concerns over financial stability. The company's earnings per share (EPS) guidance for 2026 presents a negative outlook, as the high end of the range falls short of both prior and consensus forecasts, suggesting limited growth potential. Furthermore, the reliance on flat earnings from Vantage projects post-2029 due to the expiration of production tax credits, alongside Michigan's slower adoption of data center customers, indicates potential challenges for revenue growth and overall market sentiment.
This aggregate rating is based on analysts' research of DTE Energy and is not a guaranteed prediction by Public.com or investment advice.
DTE Energy (DTE) Analyst Forecast & Price Prediction
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