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Dominion Energy (D) Stock Forecast & Price Target

Dominion Energy logo
$53.66 +0.67 (+1.26%)
(As of 12/20/2024 05:40 PM ET)

Dominion Energy - Analysts' Recommendations and Stock Price Forecast (2025)

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

Sell
0
Hold
10
Buy
2

Based on 12 Wall Street analysts who have issued ratings for Dominion Energy in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 10 have given a hold rating, and 2 have given a buy rating for D.

Consensus Price Target

$56.58
5.45% Upside
According to the 12 analysts' twelve-month price targets for Dominion Energy, the average price target is $56.58. The highest price target for D is $61.00, while the lowest price target for D is $52.00. The average price target represents a forecasted upside of 5.45% from the current price of $53.66.
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D Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
10 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$56.58$55.91$54.50$50.33
Forecasted Upside5.45% Upside-3.84% Downside-4.42% Downside7.55% Upside
Consensus Rating
Hold
Hold
Hold
Hold

D 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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D 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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Dominion Energy Stock vs. The Competition

TypeDominion EnergyUtilities CompaniesS&P 500
Consensus Rating Score
2.17
2.53
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside5.45% Upside28.89% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent D News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/12/2024Scotiabank
5 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$58.00 ➝ $61.00+12.61%
12/2/2024Morgan Stanley
3 of 5 stars
 Initiated CoverageEqual Weight$61.00+3.83%
11/8/2024The Goldman Sachs Group
2 of 5 stars
C. Davenport
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Reiterated RatingNeutral$61.00+7.70%
10/15/2024Barclays
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 Boost TargetOverweight ➝ Overweight$54.00 ➝ $58.00+0.31%
9/20/2024Jefferies Financial Group
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 Initiated CoverageHold$58.00+0.87%
8/12/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$54.00 ➝ $57.00+4.51%
8/5/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$53.00 ➝ $57.00+1.64%
5/10/2024Bank of America
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 UpgradeUnderperform ➝ Neutral$43.00 ➝ $54.00+2.20%
5/3/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$51.00 ➝ $55.00+7.00%
5/3/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$47.00 ➝ $53.00+4.11%
5/3/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$45.00 ➝ $52.00+1.64%
3/4/2024Guggenheim
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 Lower TargetBuy ➝ Buy$57.00 ➝ $52.00+16.10%
9/13/2023Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$71.00 ➝ $53.00+11.58%
6/9/202351job
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 Reiterated RatingMaintains
3/7/2023UBS Group
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 Lower TargetNeutral$60.00 ➝ $57.00+1.84%
2/14/2023Credit Suisse Group
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Nicholas Campanella
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Lower TargetNeutral$67.00 ➝ $58.00-1.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:29 AM ET.


Should I Buy Dominion Energy Stock? D 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, December 13, 2024. Please send any questions or comments about these Dominion Energy pros and cons to contact@marketbeat.com.

Dominion Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Dominion Energy, Inc.:

  • Dominion Energy, Inc. has seen significant institutional investment, with 73.04% of its stock owned by hedge funds and other institutional investors, indicating strong confidence in the company's future performance.
  • Recent analyst reports have shown positive sentiment, with Barclays and Scotiabank raising their price targets to $58.00, suggesting potential for stock appreciation.
  • The current stock price is $56.05, which is close to the consensus target price of $56.33, indicating that the stock may be fairly valued with room for growth.
  • The company has a solid market capitalization of approximately $47.08 billion, which reflects its stability and ability to weather market fluctuations.
  • Dominion Energy, Inc. has a relatively low beta of 0.59, suggesting that its stock is less volatile compared to the overall market, making it a potentially safer investment during uncertain times.

Dominion Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Dominion Energy, Inc. for these reasons:

  • The company has a debt-to-equity ratio of 1.42, which indicates a higher level of debt compared to equity. This could pose risks if interest rates rise or if the company faces financial challenges.
  • Despite recent positive analyst ratings, the majority of analysts have assigned a "hold" rating, suggesting that there may not be strong enough reasons to buy the stock at this time.
  • The stock has experienced fluctuations, with a recent trading down of $0.86, which may indicate volatility and uncertainty in the short term.
  • Dominion Energy, Inc. has a current ratio of 0.74, which is below the ideal benchmark of 1.0, suggesting potential liquidity issues that could affect its ability to meet short-term obligations.
  • With a P/E ratio of 19.67, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.

D Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Dominion Energy is $56.58, with a high forecast of $61.00 and a low forecast of $52.00.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dominion Energy in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" D shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in D, but not buy additional shares or sell existing shares.

According to analysts, Dominion Energy's stock has a predicted upside of 5.45% based on their 12-month stock forecasts.

Dominion Energy has been rated by research analysts at Barclays, Morgan Stanley, Scotiabank, and The Goldman Sachs Group in the past 90 days.

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


This page (NYSE:D) was last updated on 12/23/2024 by MarketBeat.com Staff
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