DTE Energy stock falls 0.50 percent as Mizuho cuts target

Published on 09/29/2026 at 08:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DTE Energy stock faces a USD 136.00 Mizuho target after a cut from USD 152.00 on September 28, 2026. Second-quarter EPS beat consensus by USD 0.18.

Architektur-Render Glasgebäude Solarpaneele Abenddämmerung, professionelles CGI — DTE Energy Co. modernes Unternehmensgebäude mit Glasfassade und Solaranlage auf dem Dach, US2333311072, Illustration mit AI erstellt.

DTE Energy stock (ISIN US2333311072) was last at USD 120.83 on the NYSE on September 28, 2026, down 0.50 percent from the prior session. Mizuho cut its price target from USD 152.00 to USD 136.00 while retaining an Outperform rating, according to Investing.com on September 28, 2026.

Mizuho lowers its target

The revised target lies 12.55 percent above DTE Energy's NYSE price of USD 120.83. Mizuho attributed the reduction to utility-sector multiple compression, while its note also cited political noise in Michigan and debate over the company's Vantage segment, according to Investing.com.

The market snapshot puts the stock 22.42 percent below its 52-week high of USD 155.75 and only USD 0.59 above its 52-week low of USD 120.24. Trading volume reached 2,284,106 shares on September 28, while market capitalization stood at USD 25.1 billion.

Guidance supports the investment case

DTE Energy's September 28, 2026 filing outlined 2026 operating earnings guidance of USD 1.585-1.615 billion and operating EPS guidance of USD 7.59-7.73. The company also set a USD 36.5 billion capital investment plan for 2026 through 2030, according to StockTitan.

The filing identifies a 1.4 GW Oracle data center project as approved and under construction, while a 1 GW Google agreement remains subject to Michigan Public Service Commission approval. DTE also cited 5-6 GW of additional data center opportunities, giving the capital plan a growth component beyond regulated utility spending.

Quarterly earnings set the baseline

For the second quarter of 2026, DTE Energy reported EPS of USD 1.32 and revenue of USD 6.74 billion. EPS exceeded the USD 1.14 consensus by USD 0.18, although the reported figure was USD 0.04 below the USD 1.36 EPS recorded in the same quarter of 2025, according to MarketBeat.

That combination explains the competing signals in DTE Energy stock: earnings cleared consensus, but the year-over-year comparison and lower analyst target keep valuation pressure visible. The current share price sits below the revised Mizuho target and the broader analyst consensus target of USD 156.46 reported by MarketBeat on September 25, 2026.

DTE Energy stock trades near its low

DTE Energy stock was last at USD 120.83 on the NYSE on September 28, 2026 at 4:00 p.m. ET, with a 52-week range of USD 120.24 to USD 155.75. The next scheduled earnings date listed by MarketBeat is October 29, 2026.