CMS Energy (CMS) Stock Forecast & Price Target

$71.29

+0.28 (+0.39%)

(As of 10/18/2024 ET)

CMS 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

Moderate Buy

Based on 15 Analyst Ratings

Sell
0

Hold
6

Buy
9

Based on 15 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 15 analysts, 6 have given a hold rating, and 9 have given a buy rating for CMS.

Consensus Price Target

$69.85
-2.03% Downside

According to the 15 analysts' twelve-month price targets for CMS Energy, the average price target is $69.85. The highest price target for CMS is $77.00, while the lowest price target for CMS is $62.00. The average price target represents a forecasted downside of -2.03% from the current price of $71.29.

CMS Analyst Ratings Over Time

Type	Current Forecast 10/21/23 to 10/20/24	1 Month Ago 9/21/23 to 9/20/24	3 Months Ago 7/23/23 to 7/22/24	1 Year Ago 10/21/22 to 10/21/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	6 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$69.85	$67.75	$64.20	$62.36
Forecasted Upside	-2.03% Downside	-2.99% Downside	4.48% Upside	17.87% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

CMS Energy Stock vs. The Competition

Type	CMS Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.60	2.50	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-2.03% Downside	16.21% Upside	6.20% Upside
News Sentiment Rating	Positive News See Recent CMS News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/16/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$70.00 ➝ $77.00	+8.56%
10/15/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $68.00	-3.52%
10/15/2024	Mizuho 2 of 5 stars	A. Crowdell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$76.00 ➝ $72.00	+3.00%
9/30/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$69.00 ➝ $76.00	+7.79%
9/30/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$73.00 ➝ $76.00	+7.91%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$63.00 ➝ $68.00	-2.59%
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8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$69.00 ➝ $73.00	+8.53%
8/20/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$66.00 ➝ $75.00	+12.75%
7/26/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Chopra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/26/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$66.00 ➝ $67.00	+6.03%
4/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$65.00	+9.57%
3/13/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$65.00 ➝ $66.00	+13.68%
3/4/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$65.00 ➝ $63.00	+7.58%
1/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$62.00	+6.71%
1/8/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Storozynski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
6/26/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$75.00 ➝ $62.00	+5.82%
11/21/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$61.00 ➝ $64.00	+6.67%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:44 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 Tuesday, October 15, 2024. Please send any questions or comments about these CMS Energy pros and cons to contact@marketbeat.com.

CMS Energy
Bull Case

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

CMS Energy Co. operates as an energy company primarily in Michigan, providing stability and potential growth in the energy sector.
Recent developments in the Electric Utility segment show a strong focus on efficient generation, transmission, and distribution of electricity.
With a recent increase in renewable energy investments, CMS Energy Co. is positioning itself for future sustainability and growth.
The current stock price of CMS Energy Co. is showing positive momentum, indicating potential for capital appreciation.
CMS Energy Co. has a strong track record of delivering consistent returns to investors over recent periods.

CMS Energy
Bear Case

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

CMS Energy Co. faces regulatory risks in the energy sector, which could impact its operations and profitability.
Market competition in the energy industry may pose challenges for CMS Energy Co. in maintaining market share and pricing power.
Fluctuations in energy prices and demand could affect the financial performance of CMS Energy Co. in the short term.
Investing in CMS Energy Co. involves exposure to macroeconomic factors that may impact the overall energy market.
Uncertainties surrounding future energy policies and regulations could create volatility in CMS Energy Co.'s stock price.

CMS Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for CMS Energy is $69.85, with a high forecast of $77.00 and a low forecast of $62.00.
: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CMS Energy in the last year. There are currently 6 hold ratings and 9 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 downside of -2.03% based on their 12-month stock forecasts.
: Over the previous 90 days, CMS Energy's stock had 1 upgrade and 1 downgrade by analysts.
: CMS Energy has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Evercore ISI, Guggenheim, KeyCorp, Mizuho, Morgan Stanley, Scotiabank, and Wells Fargo & Company in the past 90 days.
: Analysts like CMS Energy more than other "utilities" companies. The consensus rating score for CMS Energy is 2.60 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how CMS compares to other companies.

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This page (NYSE:CMS) was last updated on 10/20/2024 by MarketBeat.com Staff

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CMS Energy (CMS) Stock Forecast & Price Target