Duke Energy (DUK) Stock Forecast & Price Target

$108.28 +1.20 (+1.12%)

(As of 12/20/2024 05:45 PM ET)

Duke 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

Moderate Buy

Based on 13 Analyst Ratings

Sell
0

Hold
6

Buy
7

Based on 13 Wall Street analysts who have issued ratings for Duke Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 6 have given a hold rating, and 7 have given a buy rating for DUK.

Consensus Price Target

$122.23
12.88% Upside

According to the 13 analysts' twelve-month price targets for Duke Energy, the average price target is $122.23. The highest price target for DUK is $138.00, while the lowest price target for DUK is $113.00. The average price target represents a forecasted upside of 12.88% from the current price of $108.28.

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DUK Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 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)	7 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$122.23	$121.85	$116.36	$98.82
Forecasted Upside	12.88% Upside	6.08% Upside	-0.01% Downside	2.02% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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DUK 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.

DUK 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.

Duke Energy Stock vs. The Competition

Type	Duke Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.54	2.53	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	12.88% Upside	28.89% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent DUK News	Positive 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
12/12/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$113.00 ➝ $120.00	+9.47%
11/22/2024	Morgan Stanley 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$122.00 ➝ $118.00	+2.52%
10/22/2024	KeyCorp 3 of 5 stars	S. Karp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Sector Weight
10/15/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Crowdell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$116.00 ➝ $121.00	+5.09%
10/1/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$102.00 ➝ $118.00	+1.64%
9/19/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$138.00	+19.85%
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9/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$120.00 ➝ $126.00	+7.95%
8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$116.00 ➝ $118.00	+4.91%
8/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$135.00 ➝ $135.00	+20.60%
8/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$102.00 ➝ $113.00	+0.36%
8/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$111.00 ➝ $120.00	+6.86%
8/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$110.00 ➝ $122.00	+6.59%
8/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$108.00 ➝ $115.00	+1.45%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$102.00 ➝ $93.00	+6.57%
3/17/2023	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	Upgrade	Sell ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:37 AM ET.

Should I Buy Duke Energy Stock? DUK 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, December 17, 2024. Please send any questions or comments about these Duke Energy pros and cons to contact@marketbeat.com.

Duke Energy
Bull Case

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

Duke Energy Co. has a current stock price of $111.88, which is relatively stable and shows resilience in the market, making it an attractive option for investors looking for steady performance.
The company recently declared a quarterly dividend of $1.045 per share, translating to an annualized dividend of $4.18 and a dividend yield of 3.74%. This consistent dividend payout can provide a reliable income stream for investors.
Analysts have a consensus price target of $121.69 for Duke Energy Co., indicating potential upside from the current stock price, which could attract investors looking for growth opportunities.
Duke Energy Co. reported a revenue increase of 2.1% year-over-year, demonstrating its ability to grow despite market challenges, which can be a positive sign for long-term investors.
The company has received multiple upgrades from analysts, including a recent upgrade to an "outperform" rating, suggesting that market sentiment is favorable and could lead to further stock appreciation.

Duke Energy
Bear Case

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

Duke Energy Co. missed analysts' earnings estimates in its latest quarterly report, posting earnings per share of $1.62 compared to the expected $1.73. This shortfall may raise concerns about the company's profitability and operational efficiency.
The company's debt-to-equity ratio stands at 1.55, indicating a higher level of debt relative to equity. This could pose risks, especially in a rising interest rate environment, as it may affect the company's financial stability.
With a payout ratio of 76.84%, a significant portion of earnings is being distributed as dividends, which may limit the company's ability to reinvest in growth opportunities or manage unexpected expenses.
Recent downgrades from some analysts, such as the shift from "overweight" to "sector weight," suggest that there may be concerns about the stock's performance relative to the broader market, which could deter potential investors.
The stock has a relatively low beta of 0.47, indicating lower volatility compared to the market. While this can be seen as a safety feature, it may also limit potential gains for investors seeking higher returns.

DUK Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Duke Energy is $122.23, with a high forecast of $138.00 and a low forecast of $113.00.
: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Duke Energy in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DUK shares.
: According to analysts, Duke Energy's stock has a predicted upside of 12.88% based on their 12-month stock forecasts.
: Over the previous 90 days, Duke Energy's stock had 1 upgrade and 1 downgrade by analysts.
: Duke Energy has been rated by research analysts at Barclays, KeyCorp, Mizuho, Morgan Stanley, and Scotiabank in the past 90 days.
: Analysts like Duke Energy more than other "utilities" companies. The consensus rating score for Duke Energy is 2.54 while the average consensus rating score for "utilities" companies is 2.53. Learn more on how DUK compares to other companies.

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This page (NYSE:DUK) was last updated on 12/21/2024 by MarketBeat.com Staff

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Duke Energy (DUK) Stock Forecast & Price Target