DTE Energy stock trades at EUR 107.75 as BMO cuts target

Published on 09/30/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DTE Energy stock faces a USD 143.00 to USD 132.00 target cut dated September 29, 2026. Second-quarter EPS reached USD 1.32 against USD 1.14 consensus.

Luftaufnahme Kraftwerk Michigan bei Sonnenuntergang, Kühlturm Dampf, Hochspannungsleitungen — DTE Energy Co. Kraftwerk an einem Michigan-Fluss mit Kühltürmen und Übertragungsleitungen, ISIN US2333311072, Illustration mit AI erstellt.

DTE Energy stock (ISIN US2333311072) was at EUR 107.75 at Lang & Schwarz on September 30, 2026 at 4:14 p.m. CEST, down 0.17 percent from the prior close of EUR 107.93. The latest analyst revisions put attention on valuation and the utility's earnings trajectory.

BMO lowers its target

MarketBeat reported on September 29, 2026 that BMO Capital Markets reduced its DTE Energy target from USD 143.00 to USD 132.00 while keeping a Market Perform rating. The cut followed a separate revision from Mizuho, which lowered its target from USD 152.00 to USD 136.00 on September 28, 2026 while retaining an Outperform rating, according to MarketBeat.

Quarterly earnings beat estimates

DTE Energy reported second-quarter EPS of USD 1.32 against a USD 1.14 consensus estimate, a USD 0.18 beat. Revenue was USD 6.74 billion versus a USD 3.36 billion consensus estimate, according to MarketBeat. The comparison matters because the earnings beat has not prevented multiple analysts from lowering targets, leaving the stock's near-term debate centered on execution rather than a single quarterly result.

Guidance supports investment plan

DTE's 2026 operating earnings guidance is USD 1.585 billion to USD 1.615 billion, with operating EPS guidance of USD 7.59 to USD 7.73. The figures are non-GAAP operating measures, and the company targets 6 percent to 8 percent operating EPS growth through 2030, according to StockTitan on September 28, 2026.

The same filing describes a USD 36.5 billion capital investment plan for 2026 through 2030. It includes an approved 1.4 GW Oracle data center and a 1 GW Google agreement awaiting regulatory approval, linking future load growth to the company's spending program.

DTE Energy stock stays below its yearly range

At the NYSE, DTE was last at USD 122.17 on September 30, 2026 at 10:29 a.m. ET. Its 52-week range was USD 119.68 to USD 155.75, while market capitalization was USD 25.4 billion as of September 30, 2026. At Lang & Schwarz, the stock was trading at EUR 107.75 at 4:14 p.m. CEST, versus the prior close of EUR 107.93.