Erste Group Bank Forecasts TotalEnergies FY2026 Earnings

Key Points

• Erste Group Bank raised its FY2026 EPS forecast for TotalEnergies to $12.58, up from $11.96 and close to the $12.60 consensus estimate. It projects FY2027 EPS of $11.01.
• Analyst sentiment remains generally positive, with a consensus rating of “Moderate Buy” and an average price target of $92.71, despite mixed recent rating and target-price changes.
• TotalEnergies shares opened at $93.67, near their 12-month high of $94.17, while institutional investors owned 16.53% of the company after several firms increased or initiated positions.

TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) - Stock analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for TotalEnergies in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the company will earn $12.58 per share for the year, up from their previous forecast of $11.96. The consensus estimate for TotalEnergies' current full-year earnings is $12.60 per share. Erste Group Bank also issued estimates for TotalEnergies' FY2027 earnings at $11.01 EPS.

Several other analysts also recently weighed in on TTE. JPMorgan Chase & Co. downgraded TotalEnergies from an "overweight" rating to a "neutral" rating in a report on Wednesday, September 23rd. Mizuho set a $108.00 target price on shares of TotalEnergies in a report on Friday, October 16th. HSBC raised shares of TotalEnergies from a "hold" rating to a "buy" rating in a research report on Friday, September 25th. TD Cowen reduced their price target on shares of TotalEnergies from $108.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday, October 13th. Finally, Piper Sandler boosted their price target on shares of TotalEnergies from $84.00 to $93.00 and gave the company a "neutral" rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, TotalEnergies has a consensus rating of "Moderate Buy" and an average price target of $92.71.

TotalEnergies Price Performance

Shares of TTE stock opened at $93.67 on Tuesday. TotalEnergies has a twelve month low of $60.58 and a twelve month high of $94.17. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The stock has a fifty day simple moving average of $89.14 and a two-hundred day simple moving average of $84.31. The stock has a market capitalization of $224.60 billion, a price-to-earnings ratio of 11.72 and a beta of 0.18.

Institutional Investors Weigh In On TotalEnergies

Institutional investors have recently added to or reduced their stakes in the stock. Amundi purchased a new stake in shares of TotalEnergies during the first quarter valued at about $18,868,822,000. DekaBank Deutsche Girozentrale purchased a new position in shares of TotalEnergies in the 1st quarter worth approximately $1,103,799,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of TotalEnergies in the 1st quarter worth approximately $378,821,000. Janus Henderson Group PLC grew its position in shares of TotalEnergies by 25.2% in the 1st quarter. Janus Henderson Group PLC now owns 11,349,122 shares of the company's stock worth $1,055,775,000 after buying an additional 2,287,500 shares during the last quarter. Finally, DJE Kapital AG raised its stake in shares of TotalEnergies by 91.1% during the 1st quarter. DJE Kapital AG now owns 3,052,518 shares of the company's stock worth $282,461,000 after acquiring an additional 1,455,230 shares in the last quarter. Institutional investors own 16.53% of the company's stock.

TotalEnergies Company Profile

TotalEnergies SE is a French multinational energy company that explores for, produces, processes and markets oil and natural gas. Established in 1924 as the Compagnie française des pétroles, the company adopted the TotalEnergies name in 2021 to reflect its broader focus on multiple forms of energy.

The company's activities include liquefied natural gas, refining and petrochemicals, fuels, lubricants, and the operation of service stations. TotalEnergies also develops and sells electricity from renewable and other power-generation sources, including solar and wind projects, as well as energy-storage and electric-vehicle charging solutions.

TotalEnergies serves customers and operates projects across numerous regions, including Europe, Africa, the Middle East, the Americas and the Asia-Pacific region.

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