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CMS Energy Corp has a consensus price target of $68.95 based on the ratings of 21 analysts. The high is $77 issued by Wells Fargo on October 16, 2024. The low is $57 issued by Barclays on February 6, 2024. The 3 most-recent analyst ratings were released by Jefferies, BMO Capital, and Wells Fargo on November 5, 2024, November 1, 2024, and October 16, 2024, respectively. With an average price target of $76.33 between Jefferies, BMO Capital, and Wells Fargo, there's an implied 11.88% upside for CMS Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CMS Energy (NYSE:CMS) was reported by Jefferies on November 5, 2024. The analyst firm set a price target for $76.00 expecting CMS to rise to within 12 months (a possible 11.39% upside). 40 analyst firms have reported ratings in the last year.
The latest analyst rating for CMS Energy (NYSE:CMS) was provided by Jefferies, and CMS Energy initiated their buy rating.
The last upgrade for CMS Energy Corp happened on February 2, 2024 when Guggenheim raised their price target to $64. Guggenheim previously had a neutral for CMS Energy Corp.
The last downgrade for CMS Energy Corp happened on October 15, 2024 when Mizuho changed their price target from $76 to $72 for CMS Energy Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CMS Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CMS Energy was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest CMS Energy (CMS) rating was a initiated with a price target of $0.00 to $76.00. The current price CMS Energy (CMS) is trading at is $68.23, which is within the analyst’s predicted range.
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