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Duke Energy - DUK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $121.85
  • Forecasted Upside: 7.09%
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$113.78 As of 11/20/2024 01:00 AM ET
▲ +0.2 (0.18%)

This chart shows the closing price for DUK by one month, three months, or twelve months.

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Analyst Price Target for DUK

Analyst Price Target is $121.85
▲ +7.09% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Duke Energy in the last 3 months. The average price target is $121.85, with a high forecast of $138.00 and a low forecast of $113.00. The average price target represents a 7.09% upside from the last price of $113.78.

This chart shows the closing price for DUK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 13 contributing investment analysts is to moderate buy stock in Duke Energy. This rating has held steady since December 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/22/2024KeyCorpDowngradeOverweight ➝ Sector Weight
10/15/2024MizuhoUpgradeNeutral ➝ Outperform$116.00 ➝ $121.00
10/1/2024BarclaysBoost TargetOverweight ➝ Overweight$102.00 ➝ $118.00
9/30/2024KeyCorpBoost TargetOverweight ➝ Overweight$121.00 ➝ $125.00
9/25/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$114.00 ➝ $120.00
9/19/2024Jefferies Financial GroupInitiated CoverageBuy$138.00
9/18/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$120.00 ➝ $126.00
9/16/2024KeyCorpBoost TargetOverweight ➝ Overweight$117.00 ➝ $121.00
8/29/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$116.00 ➝ $118.00
8/29/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$135.00 ➝ $135.00
8/20/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$104.00 ➝ $113.00
8/15/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$99.00 ➝ $114.00
8/14/2024KeyCorpBoost TargetOverweight ➝ Overweight$114.00 ➝ $117.00
8/12/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$102.00 ➝ $113.00
8/12/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$111.00 ➝ $120.00
8/7/2024ScotiabankBoost TargetSector Perform ➝ Sector Perform$94.00 ➝ $104.00
8/7/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$110.00 ➝ $122.00
8/7/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$114.00 ➝ $120.00
8/7/2024Evercore ISIBoost TargetOutperform ➝ Outperform$108.00 ➝ $115.00
7/22/2024KeyCorpBoost TargetOverweight ➝ Overweight$112.00 ➝ $114.00
7/11/2024BarclaysBoost TargetOverweight ➝ Overweight$99.00 ➝ $102.00
7/11/2024BMO Capital MarketsLower TargetOutperform ➝ Outperform$110.00 ➝ $109.00
6/24/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$103.00 ➝ $98.00
5/28/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$95.00 ➝ $103.00
5/20/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$108.00 ➝ $110.00
5/20/2024KeyCorpBoost TargetOverweight ➝ Overweight$107.00 ➝ $112.00
5/8/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$104.00 ➝ $108.00
4/22/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$101.00 ➝ $94.00
4/16/2024BMO Capital MarketsLower TargetOutperform ➝ Outperform$101.00 ➝ $99.00
4/15/2024BarclaysBoost TargetOverweight ➝ Overweight$99.00 ➝ $100.00
4/11/2024Bank of AmericaBoost TargetNeutral ➝ Neutral$96.00 ➝ $100.00
4/5/2024MizuhoBoost TargetNeutral ➝ Neutral$89.00 ➝ $99.00
2/12/2024BMO Capital MarketsLower TargetOutperform ➝ Outperform$101.00 ➝ $100.00
2/12/2024Bank of AmericaDowngradeBuy ➝ Neutral$105.00 ➝ $96.00
2/9/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$103.00 ➝ $100.00
1/23/2024Evercore ISIUpgradeIn-Line ➝ Outperform$90.00 ➝ $108.00
1/10/2024Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$101.00 ➝ $113.00
1/4/2024KeyCorpBoost TargetOverweight ➝ Overweight$106.00 ➝ $107.00
12/22/2023Bank of AmericaLower TargetBuy ➝ Buy$104.00 ➝ $103.00
12/19/2023KeyCorpBoost TargetOverweight ➝ Overweight$96.00 ➝ $106.00
11/30/2023Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$94.00 ➝ $103.00
11/29/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$98.00 ➝ $101.00
11/21/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$93.00 ➝ $95.00
10/25/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$98.00 ➝ $93.00
10/9/2023GuggenheimLower Target$102.00 ➝ $93.00
10/5/2023KeyCorpLower TargetOverweight ➝ Overweight$109.00 ➝ $96.00
9/21/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$95.00 ➝ $98.00
9/14/2023BarclaysBoost TargetOverweight ➝ Overweight$96.00 ➝ $97.00
9/6/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector Perform$104.00 ➝ $101.00
8/25/2023MizuhoLower TargetNeutral ➝ Neutral$92.00 ➝ $91.00
8/23/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$102.00 ➝ $95.00
8/23/2023BarclaysInitiated CoverageOverweight$96.00
8/17/2023JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$98.00 ➝ $101.00
8/9/2023BMO Capital MarketsLower TargetOutperform ➝ Outperform$105.00 ➝ $98.00
7/21/2023Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$102.00
7/7/2023GuggenheimLower Target$114.00 ➝ $102.00
7/6/2023BMO Capital MarketsLower Target$102.00 ➝ $101.00
6/13/2023BMO Capital MarketsLower Target$109.00 ➝ $102.00
6/13/2023MizuhoLower Target$107.00 ➝ $92.00
6/11/2023Bank of AmericaLower Target$112.00 ➝ $110.00
6/8/2023JPMorgan Chase & Co.Lower Target$109.00 ➝ $97.00
6/7/2023The Goldman Sachs GroupInitiated CoverageNeutral$99.00
4/20/2023Morgan StanleyBoost TargetEqual Weight$99.00 ➝ $108.00
3/21/2023Morgan StanleyLower TargetEqual Weight$105.00 ➝ $99.00
3/17/2023Seaport Res PtnUpgradeSell ➝ Neutral
2/22/2023Morgan StanleyLower TargetEqual Weight$108.00 ➝ $105.00
2/16/2023Royal Bank of CanadaLower TargetSector Perform$116.00 ➝ $112.00
2/10/2023Wells Fargo & CompanyLower TargetEqual Weight$111.00 ➝ $103.00
1/23/2023Morgan StanleyLower TargetEqual Weight$110.00 ➝ $108.00
1/4/2023BMO Capital MarketsBoost TargetOutperform$107.00 ➝ $110.00
12/15/2022Morgan StanleyBoost TargetEqual Weight$106.00 ➝ $110.00
12/14/2022Wells Fargo & CompanyBoost Target$99.00 ➝ $111.00
12/9/2022MizuhoBoost TargetNeutral$100.00 ➝ $102.00
11/21/2022Seaport Res PtnDowngradeNeutral ➝ Sell
11/11/2022Morgan StanleyBoost TargetEqual Weight$99.00 ➝ $106.00
11/7/2022BMO Capital MarketsBoost TargetOutperform$98.00 ➝ $101.00
10/24/2022GuggenheimLower Target$119.00 ➝ $97.00
10/21/2022Morgan StanleyLower TargetEqual Weight$121.00 ➝ $99.00
10/20/2022KeyCorpLower TargetOverweight$116.00 ➝ $108.00
10/19/2022Wells Fargo & CompanyLower TargetEqual Weight$120.00 ➝ $98.00
10/12/2022Credit Suisse GroupLower TargetNeutral$114.00 ➝ $94.00
10/5/2022BMO Capital MarketsLower TargetOutperform$113.00 ➝ $108.00
10/5/2022MizuhoLower TargetNeutral$114.00 ➝ $100.00
9/22/2022Morgan StanleyLower TargetEqual Weight$123.00 ➝ $121.00
8/23/2022Morgan StanleyBoost TargetEqual Weight$114.00 ➝ $123.00
8/5/2022Credit Suisse GroupDowngradeOutperform ➝ Neutral$112.00 ➝ $114.00
7/21/2022Morgan StanleyBoost TargetEqual Weight$107.00 ➝ $114.00
7/19/2022KeyCorpLower TargetOverweight$121.00 ➝ $116.00
7/18/2022BarclaysLower Target$119.00 ➝ $110.00
6/30/2022UBS GroupDowngradeBuy ➝ Neutral$122.00 ➝ $112.00
5/23/2022Morgan StanleyLower TargetEqual Weight$123.00 ➝ $119.00
5/10/2022Wells Fargo & CompanyBoost Target$109.00 ➝ $120.00
5/10/2022Credit Suisse GroupLower Target$125.00 ➝ $117.00
4/25/2022Credit Suisse GroupInitiated CoverageOutperform$125.00
4/20/2022Morgan StanleyBoost TargetEqual Weight$113.00 ➝ $122.00
4/20/2022KeyCorpBoost TargetOverweight$119.00 ➝ $121.00
4/7/2022KeyCorpBoost TargetOverweight$110.00 ➝ $119.00
3/22/2022Morgan StanleyBoost TargetEqual Weight$107.00 ➝ $113.00
3/22/2022CitigroupInitiated CoverageBuy$120.00
2/18/2022Morgan StanleyLower TargetEqual Weight$112.00 ➝ $107.00
2/14/2022Bank of AmericaUpgradeNeutral ➝ Buy$108.00 ➝ $110.00
1/21/2022Morgan StanleyLower TargetEqual Weight$113.00 ➝ $112.00
1/13/2022KeyCorpBoost TargetOverweight$109.00 ➝ $110.00
1/7/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform
12/21/2021Morgan StanleyBoost TargetEqual Weight$107.00 ➝ $113.00
12/6/2021BarclaysReiterated RatingEqual Weight ➝ Equal Weight$110.00
11/22/2021Morgan StanleyLower TargetEqual Weight$108.00 ➝ $107.00
10/19/2021Morgan StanleyLower TargetEqual Weight$110.00 ➝ $108.00
10/5/2021MizuhoLower TargetNeutral$109.00 ➝ $102.00
10/4/2021BMO Capital MarketsLower TargetPositive ➝ Outperform$112.00 ➝ $104.00
9/17/2021Morgan StanleyLower TargetEqual Weight$112.00 ➝ $110.00
8/20/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$107.10 ➝ $109.00
8/19/2021Morgan StanleyBoost TargetEqual Weight$107.00 ➝ $112.00
8/18/2021MizuhoBoost TargetNeutral$105.00 ➝ $109.00
8/6/2021Vertical ResearchDowngradeBuy ➝ Hold
7/20/2021Morgan StanleyLower TargetEqual Weight$108.00 ➝ $107.00
7/20/2021KeyCorpBoost TargetOverweight$105.00 ➝ $106.00
6/25/2021ArgusUpgradeHold ➝ Buy$106.00
6/21/2021Morgan StanleyBoost TargetEqual Weight$107.00 ➝ $108.00
5/18/2021Morgan StanleyLower TargetEqual Weight$108.00 ➝ $107.00
5/12/2021MizuhoBoost TargetNeutral$96.00 ➝ $105.00
4/21/2021KeyCorpLower TargetOverweight$106.00 ➝ $105.00
4/20/2021Morgan StanleyBoost TargetEqual Weight$101.00 ➝ $108.00
4/14/2021Wells Fargo & CompanyBoost TargetEqual Weight$97.00 ➝ $104.00
4/14/2021Credit Suisse GroupBoost TargetNeutral$96.00 ➝ $104.00
3/19/2021Morgan StanleyBoost TargetEqual Weight$99.00 ➝ $101.00
2/25/2021Morgan StanleyBoost TargetEqual Weight$93.00 ➝ $99.00
2/12/2021Bank of AmericaDowngradeBuy ➝ Neutral$94.00
2/1/2021MizuhoBoost Target$93.00 ➝ $96.00
1/29/2021Credit Suisse GroupBoost TargetNeutral$92.00 ➝ $96.00
1/28/2021BarclaysBoost TargetEqual Weight$102.00 ➝ $108.00
1/20/2021Morgan StanleyLower TargetEqual Weight$95.00 ➝ $93.00
1/14/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$98.00
12/15/2020Morgan StanleyLower TargetEqual Weight$101.00 ➝ $95.00
11/24/2020BMO Capital MarketsInitiated CoverageOutperform$99.00 ➝ $99.00
11/18/2020BarclaysBoost TargetPositive ➝ Equal Weight$87.00 ➝ $102.00
11/17/2020Morgan StanleyBoost TargetEqual Weight$98.00 ➝ $101.00
11/9/2020Credit Suisse GroupBoost TargetNeutral$91.00 ➝ $92.00
10/20/2020Morgan StanleyBoost TargetEqual Weight$94.00 ➝ $98.00
10/15/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$88.00 ➝ $93.00
10/5/2020Morgan StanleyLower TargetEqual Weight$96.00 ➝ $94.00
10/1/2020ScotiabankDowngradeSector Outperform ➝ Sector Perform$100.00
9/9/2020Bank of AmericaUpgradeNeutral ➝ Buy$87.00 ➝ $85.00
7/17/2020Morgan StanleyBoost TargetEqual Weight$89.00 ➝ $96.00
6/17/2020Morgan StanleyBoost TargetEqual Weight$87.00 ➝ $89.00
5/20/2020Wells Fargo & CompanyLower TargetEqual Weight$108.00 ➝ $88.00
5/15/2020Morgan StanleyLower TargetEqual Weight$96.00 ➝ $87.00
5/13/2020Bank of AmericaReiterated RatingNeutral$93.00 ➝ $83.00
5/8/2020UBS GroupLower TargetBuy$113.00 ➝ $102.00
4/15/2020Morgan StanleyLower TargetEqual Weight$99.00 ➝ $96.00
3/27/2020JPMorgan Chase & Co.Lower TargetNeutral$100.00 ➝ $90.00
3/26/2020BarclaysLower TargetEqual Weight$104.00 ➝ $79.00
3/16/2020UBS GroupLower TargetBuy$116.00 ➝ $105.00
3/12/2020Morgan StanleyLower TargetEqual Weight$108.00 ➝ $99.00
3/12/2020BarclaysDowngradeOverweight ➝ Equal Weight$104.00
2/24/2020Vertical ResearchInitiated CoverageBuy$112.00
2/18/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$96.00 ➝ $108.00
2/14/2020Bank of AmericaUpgradeUnderperform ➝ Neutral$96.00 ➝ $106.00
1/29/2020Morgan StanleyBoost TargetEqual Weight$99.00 ➝ $103.00
1/22/2020Morgan StanleyBoost TargetEqual Weight$95.00 ➝ $99.00
1/17/2020CitigroupLower TargetNeutral$94.00 ➝ $93.00
1/13/2020Bank of AmericaDowngradeUnderperform$95.00 ➝ $96.00
1/2/2020UBS GroupReiterated RatingBuy$105.00
12/16/2019Morgan StanleyLower TargetEqual Weight$96.00 ➝ $95.00
12/4/2019Evercore ISIReiterated RatingHold$92.00
11/27/2019BarclaysUpgradeEqual Weight ➝ Overweight
11/27/2019The Goldman Sachs GroupUpgradeSell ➝ Buy$88.00 ➝ $93.00
11/22/2019MizuhoInitiated CoverageNeutral$90.00
11/21/2019The Goldman Sachs GroupUpgradeSell ➝ Buy$88.00 ➝ $93.00
11/21/2019BarclaysUpgradeEqual Weight ➝ Overweight$99.00 ➝ $98.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

1.14 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 48 very positive mentions
  • 53 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 51 very positive mentions
  • 35 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
5/25/2024
  • 37 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 33 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 48 very positive mentions
  • 62 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 48 very positive mentions
  • 35 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 48 very positive mentions
  • 68 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
10/22/2024
  • 72 very positive mentions
  • 35 positive mentions
  • 5 negative mentions
  • 2 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 72 very positive mentions
  • 35 positive mentions
  • 5 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Duke Energy logo
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. It generates electricity through coal, hydroelectric, natural gas, oil, solar and wind sources, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. The GU&I segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $113.78
Low: $113.00
High: $113.95

50 Day Range

MA: $115.21
Low: $110.22
High: $120.76

52 Week Range

Now: $113.78
Low: $88.73
High: $121.25

Volume

2,325,444 shs

Average Volume

3,074,339 shs

Market Capitalization

$87.89 billion

P/E Ratio

20.92

Dividend Yield

3.73%

Beta

0.47

Frequently Asked Questions

What sell-side analysts currently cover shares of Duke Energy?

The following Wall Street sell-side analysts have issued research reports on Duke Energy in the last twelve months: Bank of America Co., Barclays PLC, BMO Capital Markets, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for DUK.

What is the current price target for Duke Energy?

0 Wall Street analysts have set twelve-month price targets for Duke Energy in the last year. Their average twelve-month price target is $121.85, suggesting a possible upside of 7.1%. Jefferies Financial Group Inc. has the highest price target set, predicting DUK will reach $138.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $113.00 for Duke Energy in the next year.
View the latest price targets for DUK.

What is the current consensus analyst rating for Duke Energy?

Duke Energy currently has 6 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for DUK.

What other companies compete with Duke Energy?

Other companies that are similar to Duke Energy include NextEra Energy, Southern, Edison International, Entergy and PPL. Learn More about companies similar to Duke Energy.

How do I contact Duke Energy's investor relations team?

Duke Energy's physical mailing address is 550 SOUTH TRYON STREET, CHARLOTTE NC, 28202. The utilities provider's listed phone number is (704) 382-3853 and its investor relations email address is [email protected]. The official website for Duke Energy is www.duke-energy.com. Learn More about contacing Duke Energy investor relations.