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CMS Energy (CMS) Stock Forecast & Price Target

CMS Energy logo
$72.61 -1.35 (-1.82%)
Closing price 05/8/2026 03:59 PM Eastern
Extended Trading
$72.62 +0.01 (+0.01%)
As of 05/8/2026 07:11 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

CMS Energy - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
5
Buy
8

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, 5 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for CMS.

Consensus Price Target

$81.50
12.24% Upside
According to the 13 analysts' twelve-month price targets for CMS Energy, the average price target is $81.50. The highest price target for CMS is $88.00, while the lowest price target for CMS is $76.00. The average price target represents a forecasted upside of 12.24% from the current price of $72.61.
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
5/9/25 to 5/9/26
1 Month Ago
4/9/25 to 4/9/26
3 Months Ago
2/8/25 to 2/8/26
1 Year Ago
5/9/24 to 5/9/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$81.50$79.54$78.08$77.25
Forecasted Upside12.24% Upside-0.46% Downside7.20% Upside6.95% 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

CMS Energy Stock vs. The Competition

TypeCMS EnergyUtilities CompaniesS&P 500
Consensus Rating Score
2.69
2.36
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside12.24% Upside41.55% Upside15.51% Upside
News Sentiment Rating
Positive News

See Recent CMS News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
4/29/2026
Barclays PLC logo
Barclays
3 of 5 stars
Lower TargetOverweight$81.00 ➝ $79.00+5.15%
4/21/2026 Set Target$80.00+3.77%
4/21/2026
Bank of America Corporation logo
Bank of America
4 of 5 stars
Ross Fowler
Ross Fowler
Not Rated
Boost TargetBuy$82.00 ➝ $88.00+14.15%
4/21/2026Initiated CoverageBuy$86.00+11.55%
4/17/2026Lower TargetOutperform$86.00 ➝ $85.00+8.82%
3/2/2026Boost TargetOverweight$79.00 ➝ $83.00+6.06%
2/20/2026Set Target$80.00+5.67%
2/9/2026 Set Target$80.00+10.56%
2/6/2026Reiterated RatingNeutral
2/6/2026Boost TargetNeutral$73.00 ➝ $76.00+3.31%
1/28/2026Boost TargetBuy$79.00 ➝ $81.00+12.75%
1/21/2026 Reiterated RatingBuy (B-)
1/15/2026Boost TargetOverweight$80.00 ➝ $81.00+13.68%
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 Saturday at 06:49 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 Friday, May 8, 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 recently reported earnings per share (EPS) of $0.95, exceeding analyst expectations, which indicates strong financial performance and potential for growth.
  • CMS Energy Co. has shown a significant year-over-year revenue increase of 12.3%, suggesting robust operational growth and demand for its services.
  • The current stock price is around $78, which is near its fifty-two week high, indicating strong market confidence in the company's future prospects.
  • With a dividend yield of 3.0% and a payout ratio of approximately 63%, CMS Energy Co. provides a reliable income stream for investors seeking dividends.
  • The company has set a positive earnings guidance for FY 2026, projecting EPS between 3.830 and 3.900, which could attract growth-focused investors.

CMS Energy
Bear Case

red Wall Street bear icon

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

  • The company has a relatively high debt-to-equity ratio of 1.80, which may indicate higher financial risk and potential challenges in managing debt levels.
  • Insider selling activity has been noted, with significant shares sold recently, which could raise concerns about the confidence of company executives in the stock's future performance.
  • Despite recent revenue growth, the price-to-earnings (P/E) ratio of 21.01 suggests that the stock may be overvalued compared to its earnings, which could deter value investors.
  • The quick ratio of 0.66 indicates that the company may have liquidity issues, meaning it might struggle to meet short-term obligations without selling inventory.
  • With 93.57% of the stock owned by institutional investors, there may be less room for retail investors to influence the stock price, potentially limiting individual investor returns.

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 $81.50, with a high forecast of $88.00 and a low forecast of $76.00.

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last year. There are currently 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CMS shares.

According to analysts, CMS Energy's stock has a predicted upside of 12.24% based on their 12-month stock forecasts.

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

CMS Energy has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, KeyCorp, Morgan Stanley, Truist Financial, Wells Fargo & Company, and Williams Trading in the past 90 days.

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 5/9/2026 by MarketBeat.com Staff.
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