DT Midstream, Inc. (DTM)
NYSE: DTM · IEX Real-Time Price · USD
67.08
+1.02 (1.54%)
May 31, 2024, 4:00 PM EDT - Market closed
DT Midstream Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for DT Midstream stock have an average target of 60.14, with a low estimate of 46 and a high estimate of 70. The average target predicts a decrease of -10.35% from the current stock price of 67.08.
Analyst Consensus: Hold
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for DT Midstream stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 1 | 2 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $62 → $70 | Strong Buy | Maintains | $62 → $70 | +4.35% | May 1, 2024 |
| Mizuho | Mizuho | Hold Maintains $57 → $65 | Hold | Maintains | $57 → $65 | -3.10% | Apr 29, 2024 |
| Barclays | Barclays | Buy Maintains $59 → $66 | Buy | Maintains | $59 → $66 | -1.61% | Apr 5, 2024 |
| Wolfe Research | Wolfe Research | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Feb 20, 2024 |
| Barclays | Barclays | Buy Maintains $57 → $59 | Buy | Maintains | $57 → $59 | -12.05% | Jan 17, 2024 |
Financial Forecast
Revenue This Year
990.73M
from 922.00M
Increased by 7.45%
Revenue Next Year
1.08B
from 990.73M
Increased by 8.51%
EPS This Year
3.96
from 3.94
Increased by 0.58%
EPS Next Year
4.41
from 3.96
Increased by 11.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.2B | 1.2B |
| Avg | 990.7M | 1.1B | 1.1B |
| Low | 945.5M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.2% | 17.8% | 11.2% |
| Avg | 7.5% | 8.5% | 5.4% |
| Low | 2.5% | 2.0% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.29 | 5.03 | 5.10 |
| Avg | 3.96 | 4.41 | 4.73 |
| Low | 3.71 | 3.97 | 4.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.0% | 26.9% | 15.7% |
| Avg | 0.6% | 11.3% | 7.2% |
| Low | -5.7% | 0.2% | -2.9% |
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.