Analyst Price Target is $65.56
▲ +6.80% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for CMS Energy in the last 3 months. The average price target is $65.56, with a high forecast of $73.00 and a low forecast of $57.00. The average price target represents a 6.80% upside from the last price of $61.38.
Current Consensus is
The current consensus among 9 polled investment analysts is to buy stock in CMS Energy. This rating has held steady since November 2021, when it changed from a Hold consensus rating.
CMS Energy Corp. engages in the provision of electric and natural gas activities. It operates through the following business segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. The Electric Utility segment focuses on generation, purchase, distribution, and sale of electricity. The Gas Utility segment includes purchase, transmission, storage, distribution, and sale of natural gas. The NorthStar Clean Energy segment is involved in domestic independent power production including the development and operation of renewable generation and the marketing of independent power production. The company was founded in 1987 and is headquartered in Jackson, MI.