TotalEnergies (TTE) Stock Forecast & Price Target

TotalEnergies
Bull Case

Here are some ways that investors could benefit from investing in TotalEnergies SE:

• TotalEnergies SE is currently trading at $91.80, which is near its 52-week high of $94.17, indicating strong recent momentum and market confidence in the company's performance over the past year.
• The company announced a new oil discovery in Angola and plans to invest $10 billion with partners in the country over the next five years, signaling significant future growth opportunities in its upstream exploration and production segment.
• TotalEnergies SE has become the sole owner of the Grandpuits advanced plastics recycling plant, which started production in March 2026, supporting its strategic goal to process one million tons of circular polymers by 2030 and diversifying its revenue streams.
• The stock offers a dividend yield of 0.80% and a P/E ratio of 11.49, which is relatively low compared to many peers, suggesting the stock may be undervalued relative to its earnings potential for value-oriented investors.
• Recent analyst actions include TD Cowen raising its price target to $105.00 and Mizuho initiating coverage with an "outperform" rating and a $103.00 target, reflecting positive institutional sentiment and expectations for future price appreciation.