Duke Energy (DUK) Stock Forecast & Price Target

$108.00 -0.82 (-0.75%)

(As of 01:28 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
13.18% 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 13.18% from the current price of $108.00.

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DUK Analyst Ratings Over Time

Type	Current Forecast 12/17/23 to 12/16/24	1 Month Ago 11/17/23 to 11/16/24	3 Months Ago 9/18/23 to 9/17/24	1 Year Ago 12/17/22 to 12/17/23
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)	6 Buy rating(s)	4 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	$114.23	$98.55
Forecasted Upside	13.18% Upside	8.63% Upside	-2.13% Downside	1.98% 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	2.52	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	12.32% Upside	25.06% Upside	10.64% 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%
Get the Latest News and Ratings for DUK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Duke Energy and its competitors with MarketBeat's FREE daily newsletter.
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 Monday at 01:44 PM 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 Wednesday, December 11, 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 strong consensus rating of "Moderate Buy" from analysts, indicating positive sentiment and potential for growth in the stock price.
The current stock price is $111.88, which is below the average price target of $121.69 set by analysts, suggesting that there may be upside potential for investors.
The company recently declared a quarterly dividend of $1.045 per share, resulting in an annualized dividend yield of 3.74%. This provides a steady income stream for investors.
Duke Energy Co. reported a revenue increase of 2.1% compared to the same quarter last year, demonstrating resilience and growth in its operations.
Several analysts have recently upgraded their price targets for Duke Energy Co., with Barclays raising theirs to $118.00, reflecting confidence in the company's future performance.

Duke Energy
Bear Case

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

The company missed analysts' consensus earnings estimates by $0.11, reporting earnings per share of $1.62 instead of the expected $1.73, which may raise concerns about its profitability.
Duke Energy Co. has a relatively high debt-to-equity ratio of 1.55, indicating that the company relies significantly on debt to finance its operations, which could pose risks in a rising interest rate environment.
The stock has experienced a slight decline of 0.2% recently, which may indicate short-term volatility and investor uncertainty.
With a current ratio of 0.70, the company may face challenges in meeting its short-term liabilities, suggesting potential liquidity issues.
Despite the recent revenue growth, the net margin of 14.31% indicates that the company may not be as efficient in converting revenue into profit compared to its peers.

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 research analysts have issued "buy," "hold," and "sell" ratings for Duke Energy in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DUK shares.
: According to analysts, Duke Energy's stock has a predicted upside of 13.18% 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, BMO Capital Markets, Jefferies Financial Group, 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 2.51. Learn more on how DUK compares to other companies.

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This page (NYSE:DUK) was last updated on 12/16/2024 by MarketBeat.com Staff

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Duke Energy (DUK) Stock Forecast & Price Target