Energy Transfer (ET) Stock Forecast & Price Target

Energy Transfer
Bull Case

Here are some ways that investors could benefit from investing in Energy Transfer LP:

• Energy Transfer LP recently reported second-quarter earnings that significantly exceeded market expectations, delivering $0.59 in earnings per share compared to a consensus estimate of $0.38, while revenue surged 78.4% year-over-year to $34.33 billion, demonstrating strong operational momentum and the ability to generate substantial cash flow from its midstream infrastructure.
• The company is positioned to benefit from growing energy demand associated with artificial intelligence data centers, as it has signed multiple agreements to supply natural gas to these facilities and the utilities that power them, creating a new and durable revenue stream tied to the expansion of the technology sector.
• Investors can benefit from a robust dividend yield of 6.32%, supported by a stable distribution of $0.34 per share per quarter, which provides a reliable income stream that is attractive to yield-focused investors seeking consistent cash returns in the current market environment.
• Wall Street analysts maintain a positive outlook on the stock, with a consensus rating of Moderate Buy and a price target of $24.08, which suggests potential upside from the current stock price of $21.45, reflecting confidence in the company's long-term growth trajectory and valuation relative to peers.
• Recent insider activity signals confidence in the company's future performance, as Director Kelcy L. Warren purchased over 647,000 shares in August 2026, a move that often indicates that company leadership believes the stock is undervalued and poised for further appreciation.