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Duke Energy (DUK)
NYSE:DUK
Duke Energy (DUK) Stock Forecast & Price Target
4,361 Followers
See the Price Targets and Ratings of:
DUK Analyst Ratings
Moderate Buy
5 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
DUK Stock 12 Month Forecast
Average Price Target
$106.50
▼(-0.39% Downside)
| Highest Price Target$113.00 | Average Price Target$106.50 | Lowest Price Target$94.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
BMO Capital
Reiterated
07/16/24
J.P. Morgan
Reiterated
07/12/24
Barclays
Reiterated
07/11/24
Morgan Stanley
Reiterated
06/24/24
KeyBanc
Reiterated
05/20/24
RBC Capital
Reiterated
05/14/24
Wells Fargo
Reiterated
05/08/24
Scotiabank
Reiterated
04/22/24
Bank of America Securities
Reiterated
04/11/24
Mizuho Securities
Assigned
04/05/24
Jefferies
$96
Hold
$96.00
(-10.21% Downside)
Downgraded
02/12/24
Duke Energy downgraded to Neutral from Buy at BofADuke Energy downgraded to Neutral from Buy at BofA
UBS
$101→$96
Hold
$96.00
(-10.21% Downside)
Reiterated
02/09/24
Duke Energy (DUK) PT Lowered to $96 at UBSUBS analyst Ross Fowler lowered the price target on Duke Energy (NYSE: DUK) to $96.00 (from $101.00) while maintaining a Neutral rating.
Evercore ISI
$90→$108
Buy
$108.00
(1.01% Upside)
Upgraded
01/23/24
Evercore ISI upgrades Duke Energy (DUK) to OutperformEvercore ISI analyst Durgesh Chopra upgraded Duke Energy (NYSE: DUK) from In Line to Outperform with a price target of $108.00 (from $90.00).
Guggenheim
$99→$118
Buy
$118.00
(10.36% Upside)
Reiterated
01/22/24
Duke Energy (DUK) PT Raised to $118 at GuggenheimGuggenheim analyst Shahriar Pourreza raised the price target on Duke Energy (NYSE: DUK) to $118.00 (from $99.00) while maintaining a Buy rating.
Goldman Sachs
$101
Hold
$101.00
(-5.54% Downside)
Reiterated
01/17/24
We update estimates for most stocks within our Utilities coverage ahead of 4Q2023 results. We expect this quarter to contain a number of meaningful updates as utilities roll forward their capital plans and update long term guidance/growth rates. Commentary around financing will also be in focus for investors, as we get more details around how each company plans to fund growth. We could also see further clarity on the load growth that companies are seeing over the coming years. We remain positive on the utilities space going into 2024 and expect an inflection in capex in the coming years, and believe this on top of lower interest rates will improve sentiment around the space.
Best Analysts Covering Duke Energy
Which Analyst Should I Follow If I Want to Buy DUK and Sell After:
1 Month
xxx
Success Rate
12/17 ratings generated profit
Average Return
+1.82%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.59% of your transactions generating a profit, with an average return of +1.82% per trade.
3 Months
xxx
Success Rate
14/17 ratings generated profit
Average Return
+6.32%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 82.35% of your transactions generating a profit, with an average return of +6.32% per trade.
1 Year
Success Rate
17/17 ratings generated profit
Average Return
+16.15%
reiterated a buy rating 2 months ago
Copying Shelby Tucker's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +16.15% per trade.
2 Years
xxx
Success Rate
16/16 ratings generated profit
Average Return
+21.35%
reiterated a xxx
rating 6 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +21.35% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
DUK Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
11
9
11
9
9
Hold
5
8
7
7
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
16
17
18
16
12
Each month's total comprises the sum of three months' worth of ratings.
DUK Financial Forecast
DUK Stock Forecast FAQ
What is DUK’s average 12-month price target, according to analysts?
Based on analyst ratings, Duke Energy’s 12-month average price target is $106.50.
What is DUK’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for DUK, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is DUK a Buy, Sell or Hold?
Duke Energy has a consensus rating of Moderate Buy which is based on 5 buy ratings, 3 hold ratings and 0 sell ratings.
What is Duke Energy’s price target?
The average price target for Duke Energy is $106.50. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $113.00 ,the lowest forecast is $94.00. The average price target represents -0.39% Decrease from the current price of $106.92.
The highest analyst price target is $113.00 ,the lowest forecast is $94.00. The average price target represents -0.39% Decrease from the current price of $106.92.
What do analysts say about Duke Energy?
Duke Energy’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.
How can I buy shares of DUK?
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