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CMS Energy Corporation (CMS) Stock Forecast

Data as of Aug 1, 2026

Utilities · Current price $72.29 (+0.01%)

Consensus Target
$80.00
Upside
+12.5%
Analysts
20
Rating
Buy(2.20)

Price Target Range

Low $74.00Consensus $80.00High $83.00
▲ Current $72.29

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy8
Hold2
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Oct 21, 2025Nicholas CampanellaBarclays$82.00+13.4%
May 22, 2025David ArcaroMorgan Stanley$71.00-1.8%
Apr 23, 2025David ArcaroMorgan Stanley$74.00+2.4%
Apr 21, 2025Julien Dumoulin-SmithJefferies$83.00+14.8%
Nov 4, 2024Julien Dumoulin-SmithJefferies$76.00+5.1%
Oct 1, 2024Anthony CrowdellMizuho Securities$76.00+5.1%
Sep 16, 2024Sophie KarpKeyBanc$73.00+1.0%
Aug 29, 2024Paul ColeBank of America Securities$73.00+1.0%
Jul 19, 2024James ThalackerBMO Capital$69.00-4.6%
May 28, 2024David ArcaroMorgan Stanley$61.00-15.6%
May 20, 2024Sophie KarpKeyBanc$68.00-5.9%
May 14, 2024James ThalackerBMO Capital$71.00-1.8%
Apr 30, 2024Nicholas CampanellaBarclays$59.00-18.4%
Apr 19, 2024Sophie KarpKeyBanc$66.00-8.7%
Apr 17, 2024James ThalackerBMO Capital$64.00-11.5%
Apr 4, 2024Ross FowlerUBS$65.00-10.1%
Feb 2, 2024Shahriar PourrezaGuggenheim$64.00-11.5%
Jan 16, 2024Steve FleishmanWolfe Research$62.00-14.2%
Oct 5, 2023Sophie KarpLoop Capital Markets$57.00-21.2%
Jun 6, 2023Ross FowlerUBS$68.00-5.9%

CMS vs Sector & Market

MetricCMSUtilities AvgLarge Cap Avg
Analyst Rating2.202.582.42
Analyst Count20819
Target Upside+12.5%+49.7%+17.1%
P/E Ratio19.811.7143.33

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$8.09B$8.66B$9.07B9
2027-12-31$8.52B$9.06B$9.68B8
2028-12-31$9.34B$9.40B$9.47B8
2029-03-31$2.29B$2.40B$2.48B2
2029-06-30$2.30B$2.41B$2.50B2
2029-09-30$2.31B$2.42B$2.51B2
2029-12-31$2.33B$2.44B$2.52B2
2030-03-31$2.34B$2.45B$2.54B2
2030-06-30$2.35B$2.46B$2.55B2
2030-09-30$2.37B$2.48B$2.56B2
2030-12-31$2.38B$2.49B$2.58B2

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$3.86$3.88$3.9110
2027-12-31$4.14$4.18$4.229
2028-12-31$4.49$4.51$4.524
2029-03-31$1.31$1.39$1.454
2029-06-30$0.80$0.85$0.882
2029-09-30$1.28$1.36$1.422
2029-12-31$1.20$1.28$1.332
2030-03-31$1.41$1.50$1.572
2030-06-30$0.86$0.91$0.962
2030-09-30$1.35$1.44$1.505
2030-12-31$1.29$1.37$1.445

Frequently Asked Questions

What is the analyst consensus for CMS?

The consensus among 20 analysts covering CMS Energy Corporation (CMS) is Buy with an average price target of $80.00.

What is the highest price target for CMS?

The highest price target for CMS is $83.00, set by Julien Dumoulin-Smith at Jefferies on 2025-04-21.

What is the lowest price target for CMS?

The lowest price target for CMS is $57.00, set by Sophie Karp at Loop Capital Markets on 2023-10-05.

How many analysts cover CMS?

20 analysts have issued ratings for CMS Energy Corporation in the past 12 months.

Is CMS a buy or sell right now?

Based on 20 analyst ratings, CMS has a consensus rating of Buy (2.20/5) with a +12.5% upside to the consensus target of $80.00.

What are the earnings estimates for CMS?

Analysts estimate CMS will report EPS of $3.88 for the period ending 2026-12-31, with revenue estimated at $8.66B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.