Duke Energy (NYSE:DUK) Stock Price Target Cut by KeyCorp

Duke Energy (NYSE:DUK) had its price objective decreased by analysts at KeyCorp from $139.00 to $128.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage presently has an “overweight” rating on the utilities provider’s stock. KeyCorp’s price objective indicates a potential upside of 7.10% from the stock’s current price.

Several other equities research analysts have also commented on the stock. Scotiabank cut their price target on shares of Duke Energy from $146.00 to $131.00 in a report on Wednesday, September 30th. Mizuho set a $136.00 price objective on shares of Duke Energy in a report on Wednesday, August 5th. Barclays decreased their price objective on shares of Duke Energy from $132.00 to $124.00 and set an “overweight” rating on the stock in a report on Friday, October 9th. Wall Street Zen lowered shares of Duke Energy from a “hold” rating to a “sell” rating in a research report on Saturday, September 19th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $121.00 target price on shares of Duke Energy in a research note on Monday. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Duke Energy has an average rating of “Moderate Buy” and a consensus price target of $133.38.

Duke Energy Stock Performance

Shares of DUK stock opened at $119.51 on Tuesday. The company has a current ratio of 0.66, a quick ratio of 0.43 and a debt-to-equity ratio of 1.47. Duke Energy has a 12-month low of $112.40 and a 12-month high of $134.49. The business’s 50 day moving average is $119.11 and its two-hundred day moving average is $123.88. The company has a market capitalization of $93.18 billion, a P/E ratio of 17.72, a P/E/G ratio of 2.76 and a beta of 0.36.

Duke Energy (NYSE:DUK) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. The business had revenue of $7.59 billion during the quarter, compared to analysts’ expectations of $7.66 billion. Duke Energy had a return on equity of 9.78% and a net margin of 15.78%. The business’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.25 earnings per share. Analysts expect that Duke Energy will post 6.72 EPS for the current fiscal year.

Institutional Trading of Duke Energy

Large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in shares of Duke Energy during the second quarter worth $605,680,000. Janus Henderson Group PLC lifted its stake in shares of Duke Energy by 5,254.4% in the first quarter. Janus Henderson Group PLC now owns 2,735,816 shares of the utilities provider’s stock worth $358,227,000 after buying an additional 2,684,721 shares in the last quarter. Swiss National Bank lifted its stake in shares of Duke Energy by 7.1% in the first quarter. Swiss National Bank now owns 2,282,341 shares of the utilities provider’s stock worth $298,850,000 after buying an additional 151,400 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Duke Energy by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,092,284 shares of the utilities provider’s stock worth $273,979,000 after acquiring an additional 58,967 shares during the last quarter. Finally, National Pension Service boosted its position in Duke Energy by 1.8% during the second quarter. National Pension Service now owns 2,124,004 shares of the utilities provider’s stock worth $268,856,000 after acquiring an additional 36,835 shares during the last quarter. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Duke Energy

Here are the key news stories impacting Duke Energy this week:

• Positive Sentiment: Analysts’ average price target is $133.38, implying meaningful potential upside from recent levels and reinforcing expectations for long-term value despite near-term uncertainty. Duke Energy Corporation Stock Has Average Price Target of $133.38
• Positive Sentiment: FERC approved Duke’s transmission rules for large electricity users. The decision could help the company serve data centers and other large-load customers while improving the framework for recovering related infrastructure costs, although cost-allocation concerns remain. FERC Approves Duke Large Load Transmission Rules
• Positive Sentiment: Duke highlighted grid upgrades and a planned $103 billion investment program aimed at improving storm resilience and reliability. These investments could support regulated rate-base growth and reduce the impact of future outages over time. Can Duke Energy’s Grid Investments Strengthen Storm Resilience?
• Neutral Sentiment: Duke Energy Florida introduced a $7.50 monthly credit for customers charging EVs during designated off-peak periods. The program may encourage electricity usage and strengthen customer engagement, but its direct financial effect is likely limited. Duke Energy Florida EV Charging Credit Program
• Negative Sentiment: KeyBanc cut its price target to $128 from $139, while JPMorgan reduced its target to $130 from $137 and maintained a neutral rating. KeyBanc remains overweight, but the reductions signal more cautious expectations for valuation and growth. KeyBanc Adjusts Duke Energy Price Target
• Negative Sentiment: Reports that North Carolina customers allege power surges damaged appliances and that claims were denied create potential reputational, regulatory, and claims-related risks. North Carolina Power Surge Claims

Duke Energy Company Profile

Duke Energy Corporation (NYSE: DUK) is an energy holding company that operates regulated electric and natural gas utilities in the United States. Its electric utilities generate, transmit, distribute and sell electricity to residential, commercial, industrial and other customers.

The company serves customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. Duke Energy also operates natural gas utilities and related infrastructure in several states, including North Carolina, South Carolina, Ohio, Kentucky and Tennessee.