Update shared on04 Sep 2025
Analysts maintain a positive outlook on Duke Energy due to its underappreciated nuclear assets, strong renewable growth, robust Carolinas load growth, and discounted valuation relative to peers, resulting in an unchanged consensus price target of $132.
Analyst Commentary
- Bullish analysts cite Duke's long-term nuclear assets as underappreciated and positive guidance for large-scale renewables and residential solar.
- Utilities, including Duke, have recently outperformed the S&P 500, which has contributed to upward revisions.
- Duke's straightforward and clean investment story distinguishes it among large-cap regulated utilities, attracting investor interest.
- Robust load growth in the Carolinas region, strong generation capital expenditure plans, and improved regulatory and balance sheet outlook support favorable price target adjustments.
- Duke’s valuation is seen as compelling, trading at a discount to other premium peers while offering one of the highest expected growth rates through 2029.
What's in the News
- Duke Energy submitted a final license application to FERC to extend operations at the Bad Creek Pumped Storage Hydroelectric Station by 50 years; the facility recently completed upgrades increasing capacity to 1,680 MW.
- The company declared a $1.065 per share quarterly cash dividend, a $0.02 increase.
- Duke Energy plans to seek approval to build a new natural gas power plant in Anderson County, SC, in partnership with GE Vernova, to meet rising demand and economic growth.
Valuation Changes
Summary of Valuation Changes for Duke Energy
- The Consensus Analyst Price Target remained effectively unchanged, at $132.00.
- The Consensus Revenue Growth forecasts for Duke Energy remained effectively unchanged, at 4.7% per annum.
- The Net Profit Margin for Duke Energy remained effectively unchanged, at 17.19%.
Disclaimer
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