CMS Energy Corporation (CMS) Stock Forecast
Data as of May 2, 2026Utilities · Current price $76.25 (-0.63%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Oct 21, 2025 | Nicholas Campanella | Barclays | $82.00 | +7.5% |
| May 22, 2025 | David Arcaro | Morgan Stanley | $71.00 | -6.9% |
| Apr 23, 2025 | David Arcaro | Morgan Stanley | $74.00 | -3.0% |
| Apr 21, 2025 | Julien Dumoulin-Smith | Jefferies | $83.00 | +8.9% |
| Nov 4, 2024 | Julien Dumoulin-Smith | Jefferies | $76.00 | -0.3% |
| Oct 1, 2024 | Anthony Crowdell | Mizuho Securities | $76.00 | -0.3% |
| Sep 16, 2024 | Sophie Karp | KeyBanc | $73.00 | -4.3% |
| Aug 29, 2024 | Paul Cole | Bank of America Securities | $73.00 | -4.3% |
| Jul 19, 2024 | James Thalacker | BMO Capital | $69.00 | -9.5% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $61.00 | -20.0% |
| May 20, 2024 | Sophie Karp | KeyBanc | $68.00 | -10.8% |
| May 14, 2024 | James Thalacker | BMO Capital | $71.00 | -6.9% |
| Apr 30, 2024 | Nicholas Campanella | Barclays | $59.00 | -22.6% |
| Apr 19, 2024 | Sophie Karp | KeyBanc | $66.00 | -13.4% |
| Apr 17, 2024 | James Thalacker | BMO Capital | $64.00 | -16.1% |
| Apr 4, 2024 | Ross Fowler | UBS | $65.00 | -14.8% |
| Feb 2, 2024 | Shahriar Pourreza | Guggenheim | $64.00 | -16.1% |
| Jan 16, 2024 | Steve Fleishman | Wolfe Research | $62.00 | -18.7% |
| Oct 5, 2023 | Sophie Karp | Loop Capital Markets | $57.00 | -25.2% |
| Jun 6, 2023 | Ross Fowler | UBS | $68.00 | -10.8% |
Top Analysts Covering CMS
CMS vs Sector & Market
| Metric | CMS | Utilities Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.24 | 2.62 | 2.41 |
| Analyst Count | 17 | 9 | 18 |
| Target Upside | +6.2% | +49.8% | +14.9% |
| P/E Ratio | 20.89 | -3.41 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $8.09B | $8.66B | $9.07B | 9 |
| 2027-12-31 | $8.52B | $9.06B | $9.68B | 8 |
| 2028-12-31 | $9.34B | $9.40B | $9.47B | 8 |
| 2029-03-31 | $2.29B | $2.40B | $2.48B | 2 |
| 2029-06-30 | $2.30B | $2.41B | $2.50B | 2 |
| 2029-09-30 | $2.31B | $2.42B | $2.51B | 2 |
| 2029-12-31 | $2.33B | $2.44B | $2.52B | 2 |
| 2030-03-31 | $2.34B | $2.45B | $2.54B | 2 |
| 2030-06-30 | $2.35B | $2.46B | $2.55B | 2 |
| 2030-09-30 | $2.37B | $2.48B | $2.56B | 2 |
| 2030-12-31 | $2.38B | $2.49B | $2.58B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $3.86 | $3.88 | $3.91 | 10 |
| 2027-12-31 | $4.14 | $4.18 | $4.22 | 9 |
| 2028-12-31 | $4.49 | $4.51 | $4.52 | 4 |
| 2029-03-31 | $1.31 | $1.39 | $1.45 | 4 |
| 2029-06-30 | $0.80 | $0.85 | $0.88 | 2 |
| 2029-09-30 | $1.28 | $1.36 | $1.42 | 2 |
| 2029-12-31 | $1.20 | $1.28 | $1.33 | 2 |
| 2030-03-31 | $1.41 | $1.50 | $1.57 | 2 |
| 2030-06-30 | $0.86 | $0.91 | $0.96 | 2 |
| 2030-09-30 | $1.35 | $1.44 | $1.50 | 5 |
| 2030-12-31 | $1.29 | $1.37 | $1.44 | 5 |
Frequently Asked Questions
What is the analyst consensus for CMS?
The consensus among 17 analysts covering CMS Energy Corporation (CMS) is Buy with an average price target of $79.63.
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?
17 analysts have issued ratings for CMS Energy Corporation in the past 12 months.
Is CMS a buy or sell right now?
Based on 17 analyst ratings, CMS has a consensus rating of Buy (2.24/5) with a +6.2% upside to the consensus target of $79.63.
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.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.