Truist cuts target to USD 62 for Dominion Energy stock

Published on 10/14/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Truist cut its target from USD 66 to USD 62 on October 12, 2026. Dominion Energy stock was EUR 55.70 at Lang & Schwarz on October 14, 2026.

Merger review and earnings ahead

Truist cut its Dominion Energy target to USD 62 on October 12, 2026.
Second-quarter revenue reached USD 4.48 billion, up 17.60 percent year over year.
Dominion Energy stock traded at EUR 55.70 at Lang & Schwarz on October 14, 2026.

Geometrisches Bauhaus-Poster in Primärfarben mit Pylonen und dem Text ENERGY — Dominion Energy Bauhaus-Poster mit geometrischen Formen Strommasten großem ENERGY-Text und Primärfarben US25746U1097, Illustration mit AI erstellt.

Dominion Energy (ISIN US25746U1097) was trading at EUR 55.70 at Lang & Schwarz on October 14, 2026 at 12:54 p.m. CEST. The latest market catalyst is Truist Securities cutting its Dominion Energy target from USD 66 to USD 62 on October 12, 2026, while keeping a Hold rating, according to Investing.com.

Truist lowers target amid review

The analyst cited the regulatory review of Dominion Energy's proposed USD 67.00 billion combination with NextEra Energy. The transaction's revised customer package includes four years of residential bill credits and USD 100.00 million in additional low-income assistance, according to Investing.com.

Truist modeled operating earnings per share of USD 1.24 for the third quarter and USD 3.59 for full-year 2026, against Dominion Energy's guidance range of USD 3.45 to USD 3.69, the same report said. The review therefore remains central to the valuation discussion, while the utility's earnings outlook provides a separate operating benchmark.

What does the merger mean for earnings?

Dominion Energy reported second-quarter 2026 revenue of USD 4.48 billion, up 17.60 percent from the prior-year quarter, and operating earnings per share of USD 0.79 versus a USD 0.68 consensus estimate, according to MarketBeat. The revenue growth and the earnings comparison give investors a concrete counterweight to the regulatory uncertainty.

Three dates define the review

On July 31, 2026, Dominion Energy reported its second-quarter figures, including USD 4.48 billion of revenue, according to MarketBeat. On September 14, 2026, Dominion Energy and NextEra Energy filed expanded merger commitments that included four years of bill credits, according to Ground News. On October 12, 2026, a Virginia hearing focused on rates, data centers and antitrust concerns surrounding the USD 67.00 billion proposal, as Yahoo Finance reported.

Upcoming filings and hearings

Virginia intervenor testimony is scheduled for October 19, 2026, and Dominion Energy's third-quarter 2026 results are scheduled for October 30, 2026, according to Investing.com. The company is listed on the New York Stock Exchange under ticker D, as identified by Macroaxis.

Stock trades before the next test

Dominion Energy's market capitalization was USD 54.8 billion on October 13, 2026, while its 52-week range was USD 55.85 to USD 72.99. The next valuation test combines the October 19 regulatory testimony with the October 30 earnings release, placing the merger timetable and operating performance on the same calendar.

Price and company facts

Dominion Energy was trading at EUR 55.70 at Lang & Schwarz on October 14, 2026 at 12:54 p.m. CEST. The continuously updated real-time quote of Dominion Energy stock.