CMS Energy (CMS) Stock Forecast & Price Target

CMS Energy logo
$75.36 +1.56 (+2.11%)
Closing price 06/23/2026 03:58 PM Eastern
Extended Trading
$75.28 -0.08 (-0.11%)
As of 08:25 AM Eastern
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CMS Energy - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
6
Buy
7

Based on 13 Wall Street analysts who have issued ratings for CMS Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 6 have given a hold rating, and 7 have given a buy rating for CMS.

Consensus Price Target

$80.17
6.38% Upside
According to the 13 analysts' twelve-month price targets for CMS Energy, the average price target is $80.17. The highest price target for CMS is $88.00, while the lowest price target for CMS is $74.00. The average price target represents a forecasted upside of 6.38% from the current price of $75.36.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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CMS Analyst Ratings Over Time

TypeCurrent Forecast
6/24/25 to 6/24/26
1 Month Ago
5/25/25 to 5/25/26
3 Months Ago
3/26/25 to 3/26/26
1 Year Ago
6/24/24 to 6/24/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$80.17$80.83$79.38$77.00
Forecasted Upside6.38% Upside8.35% Upside4.08% Upside10.42% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

CMS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CMS Energy Stock vs. The Competition

TypeCMS EnergyUtilities CompaniesBroader Market
Consensus Rating Score
2.54
2.33
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside6.38% Upside54.12% Upside16.31% Upside
News Sentiment Rating
Positive News

See Recent CMS News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
6/8/2026
KeyCorp logo
KeyCorp
2 of 5 stars
 Reiterated RatingOverweight$83.00+16.31%
6/5/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 Reiterated RatingBuy (B)
6/4/2026
James Thalacker
3 of 5 stars
Lower TargetOutperform$82.00 ➝ $81.00+14.96%
6/4/2026DowngradeBuyHold$88.00 ➝ $74.00+5.02%
5/21/2026 Set Target$77.00+4.77%
5/18/2026Lower TargetBuy$86.00 ➝ $83.00+14.36%
5/14/2026Lower TargetOverweight$86.00 ➝ $82.00+12.18%
4/29/2026Lower TargetOverweight$81.00 ➝ $79.00+5.15%
4/21/2026 Set Target$80.00+3.77%
4/21/2026Boost TargetBuy$82.00 ➝ $88.00+14.15%
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2/9/2026 Set Target$80.00+10.56%
2/6/2026Reiterated RatingNeutral
2/6/2026Boost TargetNeutral$73.00 ➝ $76.00+3.31%
7/7/2025Reiterated RatingOutperformPeer Perform
4/28/2025Boost TargetIn-Line$73.00 ➝ $76.00+5.59%
4/25/2025Reiterated RatingOutperform$77.00 ➝ $81.00+11.49%
2/7/2025Reiterated RatingNeutral$69.00 ➝ $69.00+1.45%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 08:46 AM ET.


Should I Buy CMS Energy Stock? CMS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, June 18, 2026. Please send any questions or comments about these CMS Energy pros and cons to contact@marketbeat.com.

CMS Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in CMS Energy Co.:

  • The company reported a significant revenue increase of 11.6% year-over-year, indicating strong growth potential and operational efficiency.
  • CMS Energy Co. has a solid return on equity of 12.17%, which suggests effective management and profitability in generating returns for shareholders.
  • The current stock price is around $XX, reflecting investor confidence and market interest in the company's performance.
  • With a dividend yield of 3.1% and a consistent quarterly dividend payout, investors can expect regular income from their investment.
  • The company has set a positive earnings per share (EPS) guidance for FY 2026, indicating expectations for continued profitability and growth.

CMS Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in CMS Energy Co. for these reasons:

  • The dividend payout ratio is currently at 62.98%, which may raise concerns about the sustainability of dividend payments in the long term.
  • Despite recent revenue growth, the company operates in a highly regulated industry, which can limit flexibility and impact profitability.
  • Market volatility and economic uncertainties could affect the company's performance and stock price in the near term.
  • Analysts forecast an EPS of 3.87 for the current fiscal year, which may not meet investor expectations if growth slows.
  • As a utility company, CMS Energy Co. may face challenges in adapting to changing energy regulations and market demands.

CMS Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for CMS Energy is $80.17, with a high forecast of $88.00 and a low forecast of $74.00.

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMS shares.

According to analysts, CMS Energy's stock has a predicted upside of 6.38% based on their 12-month stock forecasts.

Over the previous 90 days, CMS Energy's stock had 1 upgrade and 1 downgrade by analysts.

Analysts like CMS Energy more than other "utilities" companies. The consensus rating for CMS Energy is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how CMS compares to other companies.


This page (NYSE:CMS) was last updated on 6/24/2026 by MarketBeat.com Staff.
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