Morgan Stanley analyst Stephen Byrd has made adjustments to CMS Energy's (CMS, Financial) stock target price amidst their latest review. The price target has been lowered from $74.00 to $71.00 USD. This reduction represents a decrease of 4.05% from the previous target.
Despite the adjustment in the price target, the analyst has maintained an "Equal-Weight" rating for CMS Energy (CMS, Financial). The decision to retain the current rating indicates a neutral stance, suggesting that the stock will generally perform in line with the overall market.
This update was released on May 22, 2025, providing investors with the latest insights on the stock's valuation. Market participants should consider these changes when evaluating their investment strategies involving CMS (CMS, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for CMS Energy Corp (CMS, Financial) is $75.82 with a high estimate of $83.00 and a low estimate of $59.34. The average target implies an upside of 7.15% from the current price of $70.76. More detailed estimate data can be found on the CMS Energy Corp (CMS) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, CMS Energy Corp's (CMS, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CMS Energy Corp (CMS, Financial) in one year is $62.30, suggesting a downside of 11.96% from the current price of $70.76. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CMS Energy Corp (CMS) Summary page.