Dominion Energy, Inc.

(New York Stock Exchange)
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Bullish +72

What Are Wall Street Analysts' Target Price for Dominion Energy Stock?

Analyst upgrade Earnings report AI-generated analysis

πŸ“ˆ Dominion Energy shares climbed 2.3% after reporting Q3 2026 results with operating revenue up 24.1% to $5.62 billion.

πŸ’° Operating income surged 37.6% year-over-year to $1.84 billion, driven by strong performance in regulated markets.

πŸ“Š Non-GAAP earnings per share rose 20.8% to $1.28, marking a significant beat against analyst expectations.

πŸ”„ Analyst consensus rating upgraded from 'Hold' to 'Moderate Buy' following the positive earnings surprise.

🎯 The mean price target of $69.92 offers a 2% premium to current stock levels based on 17 covering analysts.

πŸš€ Street-high price target reaches $87, suggesting potential upside of 27.5% for investors holding the utility stock.

πŸ“… For fiscal year ending December 2026, analysts forecast EPS growth of 5% to reach $3.59 per share.

πŸ† Dominion Energy has beaten consensus estimates in each of the last four quarters, demonstrating reliability.

⚑ The company continues its commitment to delivering clean energy through major offshore wind and solar development projects.

Bullish Signals
  • Dominion Energy reported a significant 24.1% year-over-year increase in operating revenue, reaching $5.62 billion for the quarter.
  • Operating income surged by 37.6% to $1.84 billion, highlighting strong operational efficiency and margin expansion.
  • Non-GAAP earnings per share jumped 20.8% year-over-year to $1.28, exceeding market expectations.
  • The analyst consensus rating improved from 'Hold' to 'Moderate Buy,' reflecting growing institutional confidence.
  • Dominion Energy has successfully beaten consensus estimates for four consecutive quarters, establishing a track record of reliability.
  • Mizuho Securities raised its price target to $68 following the earnings beat, maintaining a Neutral rating.
  • Analysts project 5% year-over-year EPS growth for the fiscal year ending December 2026, with an expected $3.59 per share.
Full Analysis
Dominion Energy, Inc. (D) reported strong third-quarter results for the fiscal year ending December 2026, with shares climbing 2.3% following the announcement. The utility giant saw its operating revenue surge 24.1% year-over-year to $5.62 billion, while operating income jumped 37.6% to $1.84 billion. Non-GAAP earnings per share increased by 20.8% to reach $1.28, reflecting a robust performance in its regulated electricity and natural gas services across Virginia, North Carolina, and South Carolina. Wall Street sentiment toward Dominion Energy has shifted positively following the earnings beat, with the consensus rating upgrading from 'Hold' two months ago to 'Moderate Buy.' Among 17 analysts covering the stock, four issued 'Strong Buy' ratings alongside thirteen 'Holds,' indicating growing confidence in the company's trajectory. The mean price target stands at $69.92, representing a 2% premium to current levels, while Mizuho Securities recently raised its specific target to $68. Analysts project that Dominion Energy's earnings per share will grow by 5% year-over-year in the fiscal year ending December 2026, reaching an expected $3.59. The company has a promising history of beating consensus estimates for four consecutive quarters, suggesting consistent operational execution. Despite underperforming the broader S&P 500 over the past 52 weeks with a return of 11.3% compared to the index's 12.5%, Dominion has outperformed its sector peers and the State Street Utilities Select Sector SPDR ETF recently.