
DTE Energy (DTE) Stock Forecast & Price Target
DTE Energy (DTE) Analyst Ratings
Bulls say
DTE Energy's positive outlook is bolstered by a substantial increase in its capital expenditure (capex) plan, which grew by 22% to $36.5 billion over the next five years, indicating a strategic commitment to enhancing infrastructure and meeting customer demand. The company projects earnings per share (EPS) growth between 6% and 8%, with an optimistic outlook for the higher end of this range in the 2025-2027 period, driven by renewable natural gas (RNG) tax credits that are expected to outpace peer performance. Additionally, DTE Energy's possession of approximately 1 GW of existing excess generation capacity positions it well to swiftly capitalize on incremental capacity needs, further reinforcing its growth potential amidst strong underlying market trends.
Bears say
DTE Energy faces a negative outlook primarily due to management's downward revision of its forecasted FFO/debt ratio, now targeting approximately 15%, indicating a reduced capacity to manage financial leverage compared to previous expectations. Additionally, the company's 2026 earnings per share (EPS) guidance fell short of prior and consensus forecasts, leading to a decrease in growth projections and diminishing differentiated financing strategies. Moreover, the state of Michigan's slower progress in attracting data center customers, despite a strong manufacturing sector, contributes to unfavorable sentiment surrounding DTE Energy's growth potential.
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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