DTE Energy Stock Price Prediction 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 | DTE Energy Stock Forecast

Welcome to another Stock Price Prediction Article. Today we will discuss DTE Energy Stock Price Prediction. DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company. It is at the forefront of the energy industry, developing and managing energy-related businesses and services nationwide.

DTE Energy Stock Price Prediction
DTE Energy Stock Price Prediction

With a focus on sustainability and a customer base of 2.3 million in Southeast Michigan for its electric company and 1.3 million customers in Michigan for its natural gas company, DTE Energy is well-positioned for future growth. Additionally, the company’s non-utility businesses cater to custom energy solutions, renewable energy generation and energy marketing and trading.

The company’s commitment to environmental leadership is reflected in its ambitious goals to reduce carbon dioxide and methane emissions by over 80% by 2040, aiming for cleaner energy while ensuring safety, reliability and affordability. DTE Energy is also dedicated to achieving net-zero carbon and greenhouse gas emissions by 2050. Through volunteerism, education, employment initiatives, philanthropy and economic progress, DTE Energy actively serves the community.

DTE Energy’s Q1 2023 Results

DTE Energy recently reported strong first-quarter earnings for 2023, demonstrating positive growth in its financial performance. The company recorded earnings of $445 million or $2.16 per diluted share, surpassing the previous year‘s earnings of $394 million or $2.03 per diluted share. These impressive results highlight DTE Energy’s commitment to enhancing reliability and cleaner energy generation for its customers.

DTE Energy Stock Price Today

DTE Energy Stock Price Prediction 2024 | DTE Energy Stock Forecast 2024

Continued investments in clean energy and infrastructure improvements, along with growing demand for renewable energy, are expected to contribute to a stock price prediction of $120.45, representing a 6.84% increase.

DTE Electric invested over $750 million in the first quarter to improve reliability and expand cleaner energy generation for its customers. This investment in infrastructure will enhance service quality and contribute to the company’s future growth.

YearPredictionChange
DTE Energy Stock Price Prediction 2024$ 120.456.84%
DTE Energy Stock Price Prediction 2024

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DTE Energy Stock Price Prediction 2025 | DTE Energy Stock Forecast 2025

The stock price is projected to reach $128.69, driven by the expansion of the renewable energy portfolio and increasing customer demand for sustainable solutions, resulting in a growth rate of 14.14%.

The commissioning of Meridian Wind Park, the largest wind park in Michigan, is a significant achievement for DTE Energy. The park spans three townships and generates 225 megawatts of clean energy, enough to power over 78,000 homes. Expanding the company’s renewable energy portfolio positions DTE Energy for sustained growth.

YearPredictionChange
DTE Energy Stock Price Prediction 2025$ 128.6914.14%
DTE Energy Stock Price Prediction 2025

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DTE Energy Stock Price Prediction 2026 | DTE Energy Stock Forecast 2026

Anticipated growth factors, including the completion of new renewable energy projects, government support for clean energy initiatives and a positive market outlook, may lead to a stock price prediction of $137.49, reflecting a 21.95% increase.

DTE Energy’s partnership with Toyota Motor North America (TMNA) marks a significant step towards clean energy adoption in the automotive industry. TMNA enrolled in DTE Energy’s voluntary renewable energy program, MIGreenPower, committing to attribute 100% of its electricity use to renewable energy projects from 2026 onward. This collaboration strengthens DTE Energy’s position as a leader in clean energy solutions.

YearPredictionChange
DTE Energy Stock Price Prediction 2026$ 137.4921.95%
DTE Energy Stock Price Prediction 2026

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DTE Energy Stock Price Prediction 2027 | DTE Energy Stock Forecast 2027

As DTE Energy continues to accelerate its transition to cleaner energy sources and enhance customer satisfaction through investments in infrastructure, the stock price is expected to rise to $146.89, representing a growth rate of 30.29%.

DTE Energy’s grant of $3 million to United Way for Southeastern Michigan and partner agencies demonstrates its commitment to supporting local communities. This funding addresses food insecurity and ensures critical nourishment for families in need. DTE Energy’s engagement with the community enhances its reputation and fosters goodwill, supporting future growth opportunities.

YearPredictionChange
DTE Energy Stock Price Prediction 2027$ 146.8930.29%
DTE Energy Stock Price Prediction 2027

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DTE Energy Stock Price Prediction 2028 | DTE Energy Stock Forecast 2028

Ongoing commitment to renewable energy, strategic partnerships and positive market conditions may drive the stock price to $156.93, reflecting a 39.20% increase.

By reducing its Gas Cost Recovery rate, DTE Energy passes on the decline in natural gas prices directly to customers. This initiative provides cost savings to customers and strengthens customer satisfaction, contributing to the company’s growth potential.

YearPredictionChange
DTE Energy Stock Price Prediction 2028$ 156.9339.20%
DTE Energy Stock Price Prediction 2028

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DTE Energy Stock Price Prediction 2029 | DTE Energy Stock Forecast 2029

With continued focus on sustainability, advancements in technology and potential regulatory support for clean energy, the stock price is projected to reach $167.66, signifying a growth rate of 48.72%.

The launch of the Energy Efficiency Academy, in partnership with Walker-Miller Energy Services, addresses the growing demand for energy-efficient home repairs in Detroit. This initiative not only benefits the community but also builds a skilled local workforce, supporting economic growth and future opportunities.

YearPredictionChange
DTE Energy Stock Price Prediction 2029$ 167.6648.72%
DTE Energy Stock Price Prediction 2029

DTE Energy Stock Price Prediction 2030 | DTE Energy Stock Forecast 2030

DTE Energy’s commitment to renewable energy expansion, innovation and community engagement positions the stock for future growth, with a projected price of $179.13, reflecting a growth rate of 58.89%.

DTE Energy’s recognition as a Gallup Great Workplace for the 11th consecutive year highlights its exceptional employee engagement. High employee satisfaction contributes to improved productivity and supports the company’s growth trajectory.

YearPredictionChange
DTE Energy Stock Price Prediction 2030$ 179.1358.89%
DTE Energy Stock Price Prediction 2030

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DTE Energy Stock Price Prediction Year Wise

YearPredictionChange
2024$ 120.456.84%
2025$ 128.6914.14%
2026$ 137.4921.95%
2027$ 146.8930.29%
2028$ 156.9339.20%
2029$ 167.6648.72%
2030$ 179.1358.89%
DTE Energy Stock Price Prediction Year wise


These predictions are based on the assumption that DTE Energy will continue to execute its clean energy plans, successfully meet its sustainability goals and capitalize on market opportunities. However, it’s important to note that stock market performance can be influenced by various external factors and market conditions. Investors should conduct thorough research and consider a comprehensive range of factors before making investment decisions.

Conclusion

DTE Energy‘s dedication to sustainability, investments in infrastructure, strategic partnerships, community support and recognition as an industry leader provide a strong foundation for future growth. The stock price predictions for each year are based on anticipated growth factors and the company’s commitment to clean energy solutions. As DTE Energy continues to expand its renewable energy portfolio, drive innovation and deliver on its sustainability goals, it remains well-positioned for sustained success in the evolving energy landscape.

DTE Energy FAQs

What is the DTE Energy Co stock prediction for 2025?

Based on our analysis and forecast, the DTE Energy Stock (DTE) is predicted to be priced at $128.69 in 2025. This projection takes into account the stock’s average growth over the past 10 years.

What is the DTE Energy Co stock prediction for 2030?

Our DTE Energy Stock Prediction for 2030 anticipates a price of $179.13.

Is DTE Energy Co a good stock to buy?

According to our DTE Energy Co stock forecast, it is currently considered a good stock to buy.

Is DTE stock a good investment?

DTE Energy Company has a Moderate Buy consensus rating based on the analysis of 7 Wall Street analysts.

How do I buy DTE stock?

To buy DTE stock, follow these steps:
1. Choose a stock trading platform. Compare different platforms or choose from our list of top picks.
2. Open an account by providing your personal information and completing the sign-up process.
3. Fund your account by depositing the desired amount of money.
4. Search for the stock using its ticker symbol “DTE.”
5. Place an order to buy the stock at the current market price or set a specific price limit.

Has DTE stock ever split?

Yes, DTE Energy stock (symbol: DTE) underwent a 1-for-1.175 stock split on July 1st, 2021. This means that one share of DTE bought prior to July 1st, 2021 would now equal approximately 1.175 shares.

Disclaimer– This article is only for educational purposes. It is not investing advice. Please concern your financial advisor before any investment.

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