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DUK

Duke Energy Corporation

NYSE: DUK · UTILITIES · UTILITIES - REGULATED ELECTRIC

$129.55
+2.40% today

Updated 2026-04-30

Market cap
$100.82B
P/E ratio
20.53
P/S ratio
3.17x
EPS (TTM)
$6.31
Dividend yield
3.34%
52W range
$107 – $134
Volume
4.0M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Duke Energy Corporation (DUK) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$129.55
Consensus
$135.00
+4.21%
2030 Target
$608.21
+369.48%
DCF
$78.65
-64.72% MoS
15 analysts:
5 Buy8 Hold0 Sell

Management guidance

Duke Energy has not provided specific revenue targets through 2030 in available guidance. The company is executing a $103 billion five-year regulated capital plan focused on grid modernization, nuclear, renewables, and gas infrastructure in high-growth regions (Carolinas, Florida). Management completed the $2.48 billion sale of Tennessee Piedmont Natural Gas business to Spire, with proceeds directed toward debt reduction and capital deployment.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,018.09
$39.9B Rev × 20x P/S
Base case (2030)
$608.21
$39.9B Rev × 12x P/S
Bear case (2030)
$409.88
$39.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$29.1B$30.4B$32.2B$33.5B$34.9B$36.5B$38.1B$39.9B
Revenue growth—4.5%6.2%5.4%4.2%4.4%4.5%4.6%
EPS$5.56$5.90$6.32$6.78$7.22$7.68$8.15$8.62
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$515.66$542.10$568.55$581.77$608.21

Catalysts & risks

Growth catalysts
+ Successful deployment of $103B regulated capital plan driving rate base growth in Carolinas and Florida
+ Nuclear fleet reliability records and new natural gas generation approval in South Carolina supporting load growth
+ Debt reduction from $2.48B Piedmont Gas sale enabling financial flexibility and dividend growth
+ AI data center power demand in Southeast driving long-term electricity growth trajectory
+ Grid modernization and renewable energy integration projects supporting premium regulated returns
Key risks
- Regulatory approval delays or adverse rate decisions impacting capital recovery and ROE
- Interest rate sensitivity given 1.76x debt-to-equity and substantial capital requirements
- Extreme weather events and climate-related outages affecting operational reliability and costs
- Slower-than-expected regional economic growth in Carolinas and Florida service territories
- Political pressure on rate increases despite inflationary cost pressures

Methodology

Duke Energy Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.