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DTE Energy (DTE) Stock Forecast & Price Target

$114.48
+1.30 (+1.15%)
(As of 07/12/2024 ET)

DTE Energy - Analysts' Recommendations and Stock Price Forecast (2024)

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.

Consensus Rating

Consensus Price Target

$115.67
1.04% Upside
High Forecast$125.00
Average Forecast$115.67
Low Forecast$106.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$115.67$115.44$114.00$127.45
Forecasted Upside1.04% Upside6.67% Upside6.60% Upside10.70% Upside
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DTE 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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DTE 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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DTE Energy Stock vs. The Competition

TypeDTE EnergyUtilities CompaniesS&P 500
Consensus Rating Score
2.60
2.47
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside1.04% Upside60.77% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$116.00 ➝ $111.00-1.16%
5/20/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$117.00 ➝ $125.00+7.20%
4/30/2024Barclays
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 Boost TargetOverweight ➝ Overweight$115.00 ➝ $119.00+7.39%
4/22/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$129.00 ➝ $120.00+8.66%
4/17/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$111.00 ➝ $113.00+7.53%
3/13/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$118.00 ➝ $120.00+9.86%
1/22/2024Guggenheim
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 DowngradeBuy ➝ Neutral$111.00+6.20%
1/16/2024Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
12/4/2023Evercore ISI
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 Boost TargetOutperform ➝ Outperform$108.00 ➝ $116.00+6.44%
11/3/2023Mizuho
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 Lower TargetBuy ➝ Buy$121.00 ➝ $106.00+7.28%
6/29/202358.com
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 Reiterated RatingMaintains
6/29/2023888
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 Reiterated RatingMaintains
6/6/2023UBS Group
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 UpgradeNeutral ➝ Buy$129.00 ➝ $124.00+13.38%
2/24/2023Credit Suisse Group
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Jakob Bluestone
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Set Target€25.00
2/23/2023Jefferies Financial Group
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Jerry Dellis
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Set Target€23.60
2/23/2023The Goldman Sachs Group
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Andrew Lee
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Set Target€25.00
2/23/2023Deutsche Bank Aktiengesellschaft
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Robert Grindle
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Set Target€29.50
2/14/2023Berenberg Bank
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Usman Ghazi
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Set Target€28.00
2/1/2023Sanford C. Bernstein
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Stan Noel
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Set Target€25.00
2/1/2023Wells Fargo & Company
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 Lower TargetOverweight$138.00 ➝ $133.00+14.29%
10/28/2022Citigroup
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 Lower Target$146.00 ➝ $139.00+27.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:01 PM ET.

DTE Forecast - Frequently Asked Questions

What is DTE Energy's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for DTE Energy is $115.67, with a high forecast of $125.00 and a low forecast of $106.00.

Should I buy or sell DTE Energy stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DTE Energy in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DTE shares.

Does DTE Energy's stock price have much upside?

According to analysts, DTE Energy's stock has a predicted upside of 6.57% based on their 12-month stock forecasts.

What analysts cover DTE Energy?

DTE Energy has been rated by research analysts at Barclays, BMO Capital Markets, KeyCorp, Morgan Stanley, and Scotiabank in the past 90 days.

Do Wall Street analysts like DTE Energy more than its competitors?

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


This page (NYSE:DTE) was last updated on 7/13/2024 by MarketBeat.com Staff

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