CMS Energy Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for CMS Energy stock have an average target of 81, with a low estimate of 74 and a high estimate of 88. The average target predicts an increase of 6.69% from the current stock price of 75.92.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$74	$81	$81	$88
Change	-2.53%	+6.69%	+6.69%	+15.91%

Analyst Ratings

The average analyst rating for CMS Energy stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	1	1	3
Buy	5	6	6	6	6	4
Hold	6	6	6	7	7	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	14	14	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Sunderland Truist Securities	Truist Securities	Strong Buy Initiates $86	Strong Buy	Initiates	$86	+13.28%	Apr 21, 2026
Ross Fowler B of A Securities	B of A Securities	Strong Buy Maintains $82 → $88	Strong Buy	Maintains	$82 → $88	+15.91%	Apr 21, 2026
James Thalacker BMO Capital	BMO Capital	Buy Maintains $86 → $85	Buy	Maintains	$86 → $85	+11.96%	Apr 17, 2026
James Thalacker BMO Capital	BMO Capital	Buy Maintains $80 → $86	Buy	Maintains	$80 → $86	+13.28%	Apr 13, 2026
Nicholas Campanella Barclays	Barclays	Buy Maintains $79 → $81	Buy	Maintains	$79 → $81	+6.69%	Apr 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

8.72B

from 8.54B

2.06%

from 8.54B

Revenue Next Year

9.12B

from 8.72B

4.67%

from 8.72B

EPS This Year

3.91

from 3.53

10.90%

from 3.53

EPS Next Year

4.22

from 3.91

7.86%

from 3.91

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	7.33B	8.60B	7.46B	7.52B	8.54B	8.72B	9.12B
Revenue Growth	14.19%	17.29%	-13.19%	0.71%	13.63%	2.06%	4.67%
EPS	4.66	2.85	3.01	3.33	3.53	3.91	4.22
EPS Growth	76.32%	-38.75%	5.47%	10.63%	6.01%	10.90%	7.86%
Forward PE	-	-	-	-	-	19.39	17.98
No. Analysts	-	-	-	-	-	18	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	9.6B	10.3B
Avg	8.7B	9.1B
Low	7.9B	8.1B

Revenue Growth

Revenue Growth	2026	2027
High	12.2%	17.8%
Avg	2.1%	4.7%
Low	-7.2%	-7.1%

EPS Forecast

EPS	2026	2027
High	4.10	4.41
Avg	3.91	4.22
Low	3.76	4.07

EPS Growth

EPS Growth	2026	2027
High	16.1%	12.7%
Avg	10.9%	7.9%
Low	6.6%	3.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.