Dominion Energy (NYSE:D) Price Target Lowered to $66.00 at Truist Financial

Key Points

• Truist Financial lowered Dominion Energy’s price target to $66 from $68 and maintained a “hold” rating, implying 3.79% downside from the stock’s $68.60 price. Analysts overall rate the stock “Hold,” with an average target of $68.
• Dominion Energy reported stronger-than-expected quarterly results, with EPS of $0.79 versus the $0.68 consensus estimate and revenue of $4.48 billion, up 17.6% year over year. Management’s fiscal 2026 EPS guidance is $3.45–$3.69.
• Investor focus remains on rising electricity demand from data centers and the proposed NextEra transaction, though higher energy costs, regulatory scrutiny and growing opposition to the merger could create profitability and approval risks.

Dominion Energy (NYSE:D - Get Free Report) had its price target cut by research analysts at Truist Financial from $68.00 to $66.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a "hold" rating on the utilities provider's stock. Truist Financial's price objective indicates a potential downside of 3.79% from the stock's current price.

Several other analysts have also recently issued reports on the company. Bank of America increased their target price on Dominion Energy from $63.00 to $65.00 and gave the company a "neutral" rating in a research report on Wednesday, April 15th. Seaport Research Partners cut Dominion Energy from a "buy" rating to a "hold" rating in a research note on Wednesday, May 20th. BMO Capital Markets raised their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a "market perform" rating in a research report on Wednesday, July 22nd. Morgan Stanley cut their target price on Dominion Energy from $69.00 to $68.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company boosted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $68.00.

Dominion Energy Stock Up 0.8%

Dominion Energy stock traded up $0.56 during midday trading on Thursday, hitting $68.60. 1,031,615 shares of the company's stock were exchanged, compared to its average volume of 5,831,020. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.64 and a current ratio of 0.81. Dominion Energy has a 12 month low of $55.85 and a 12 month high of $72.99. The firm has a 50-day moving average of $69.01 and a two-hundred day moving average of $65.27. The company has a market cap of $60.34 billion, a PE ratio of 23.90 and a beta of 0.65.

Dominion Energy (NYSE:D - Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same quarter in the previous year, the business posted $0.75 EPS. The company's quarterly revenue was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts expect that Dominion Energy will post 3.57 earnings per share for the current fiscal year.

Institutional Trading of Dominion Energy

A number of institutional investors have recently made changes to their positions in D. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy during the fourth quarter valued at about $28,000. Triumph Capital Management purchased a new position in shares of Dominion Energy in the 3rd quarter valued at approximately $28,000. Costello Asset Management INC raised its position in shares of Dominion Energy by 66.7% in the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider's stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in Dominion Energy in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 73.04% of the company's stock.

More Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Growing electricity demand from data centers could support Dominion’s long-term load growth and earnings outlook. However, the company is being pushed into more expensive power markets to meet that demand, which could limit the benefit to margins. Why Is Dominion Energy In Focus As Data Center Demand Grows Today?
• Positive Sentiment: The Virginia State Corporation Commission ordered Dominion to directly assign certain transmission costs to data centers. This could reduce the risk that residential customers—and potentially Dominion’s broader customer base—absorb infrastructure costs tied to large-load growth, although regulators may consider extending the policy to additional upstream costs. Dominion ordered to directly assign some transmission costs to data centers
• Neutral Sentiment: Dominion is seeking approval in North Carolina to recover higher fuel costs through customer bills. The request could protect cash flow by passing costs through, but higher rates may create affordability concerns and additional regulatory or political resistance. Dominion Energy seeks approval for fuel cost increase in North Carolina
• Neutral Sentiment: NextEra Energy filed an SEC report detailing the financial aspects of its proposed Dominion transaction, indicating continued progress on the deal. The merger remains subject to regulatory review and public debate. NextEra Energy Submits SEC Report Detailing Financials for Dominion Energy Merger
• Negative Sentiment: Opposition to the NextEra-Dominion merger is increasing, with concerns about the Virginia SCC chair’s potential conflict of interest and calls from some lawmakers to oppose the transaction. The controversy could prolong approval timelines or increase deal uncertainty. Senator concerned about Virginia SCC chair and NextEra-Dominion merger
• Negative Sentiment: Reports that the data-center surge is forcing Dominion into costlier energy markets highlight a risk that rising demand may require substantial spending and produce weaker near-term profitability than investors expect. Virginia data center surge pushing Dominion into costlier energy markets

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company's core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion's electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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