
DTE Energy (DTE) Stock Forecast & Price Target
DTE Energy (DTE) Analyst Ratings
Bulls say
DTE Energy has increased its five-year capital expenditure plan by 22%, now totaling $36.5 billion for the period of 2026-2030, indicating a strong commitment to infrastructure and growth. The company's management projects 6%-8% earnings per share (EPS) growth, with confidence in achieving the higher end of this range between 2025-2027, primarily driven by the benefits of renewable natural gas tax credits. Additionally, DTE's existing excess generation capacity of approximately 1 gigawatt provides agility in responding to new customer demand, further enhancing its growth prospects.
Bears say
DTE Energy's management has targeted a FFO/debt ratio of approximately 15%, which signals a modest reduction from previous levels and hovers above downgrade thresholds, indicating potential financial strain. Despite projecting 7% year-over-year growth in earnings, the company's revised estimates fall short of earlier expectations, with the 2026 EPS guidance being softer than consensus forecasts, contributing to a negative outlook. Additionally, Michigan's underperformance in attracting data center customers could further dampen investor sentiment, amplifying concerns regarding the company's future growth prospects.
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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