CMS Energy Corporation (CMS)
NYSE: CMS · IEX Real-Time Price · USD
62.80
-0.44 (-0.70%)
May 20, 2024, 1:50 PM EDT - Market open
CMS Energy Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for CMS Energy stock have an average target of 63.25, with a low estimate of 56 and a high estimate of 71. The average target predicts an increase of 0.72% from the current stock price of 62.80.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CMS Energy stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 3 | 2 | 2 |
| Buy | 4 | 5 | 4 | 5 | 5 | 5 |
| Hold | 5 | 6 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 14 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $66 → $68 | Buy | Maintains | $66 → $68 | +8.28% | May 20, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $68 → $71 | Buy | Maintains | $68 → $71 | +13.06% | May 14, 2024 |
| Barclays | Barclays | Hold Maintains $57 → $59 | Hold | Maintains | $57 → $59 | -6.05% | Apr 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $67 → $68 | Buy | Maintains | $67 → $68 | +8.28% | Apr 26, 2024 |
| Keybanc | Keybanc | Buy Maintains $65 → $66 | Buy | Maintains | $65 → $66 | +5.10% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
8.25B
from 7.46B
Increased by 10.57%
Revenue Next Year
8.49B
from 8.25B
Increased by 2.91%
EPS This Year
3.37
from 3.01
Increased by 11.99%
EPS Next Year
3.64
from 3.37
Increased by 7.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.4B | 9.8B | 10.3B | 10.7B | 9.7B |
| Avg | 8.3B | 8.5B | 8.9B | 9.2B | 9.3B |
| Low | 7.4B | 7.6B | 7.6B | 8.2B | 9.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.9% | 18.7% | 20.8% | 20.0% | 5.0% |
| Avg | 10.6% | 2.9% | 4.6% | 3.9% | 1.0% |
| Low | -0.3% | -7.3% | -10.5% | -8.2% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.53 | 3.85 | 4.17 | 4.39 | 4.69 |
| Avg | 3.37 | 3.64 | 3.91 | 4.20 | 4.50 |
| Low | 3.24 | 3.48 | 3.73 | 4.06 | 4.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 14.3% | 14.6% | 12.2% | 11.8% |
| Avg | 12.0% | 7.9% | 7.5% | 7.3% | 7.3% |
| Low | 7.5% | 3.2% | 2.6% | 3.7% | 3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.