
CMS Energy (CMS) Stock Forecast & Price Target
CMS Energy (CMS) Analyst Ratings
Bulls say
CMS Energy has demonstrated solid year-over-year growth, with earnings increasing by $0.05, attributed primarily to the electric utility's contributions of $0.08 and the gas utility's $0.14. Key drivers for this performance include $0.11 in rate relief and $0.05 from higher sales due to favorable weather conditions, which underline the utility's robust operational efficiency and demand. Furthermore, the company's potential for continued multiple expansion is supported by its premium, visible, above-average earnings growth and improvements in capacity pricing at its NorthStar Clean Energy segment.
Bears say
CMS Energy's stock outlook is negatively impacted by tightening monetary policy, which could hinder the company's financial flexibility and overall performance. Additionally, a slowdown in the growth of its rate base raises concerns about future revenue generation from its regulated utility segment, Consumers Energy. Lastly, the potential repeal of the Inflation Reduction Act (IRA) poses risks to the company's renewable energy projects under its NorthStar Clean Energy division, increasing the difficulty of achieving profitability in these ventures.
This aggregate rating is based on analysts' research of CMS Energy and is not a guaranteed prediction by Public.com or investment advice.
CMS Energy (CMS) Analyst Forecast & Price Prediction
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