Dte stock price forecast grid modernization plans in progress

Grid modernization plans in progress create a structural tailwind in the "dte stock price forecast" scenario, supporting sustainable valuation increases. Over half a decade, DTE Energy managed to grow its earnings per share at 4.6% a year. This EPS growth is remarkably close to the 5% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. Indeed, it would appear the share price is reacting to the EPS. Multiple analysts have issued price targets for $DTE recently. We have seen 7 analysts offer price targets for $DTE in the last 6 months, with a median target of $145.0. Seasonal consumption trends historically elevate summer earnings, offering short bursts in the "dte stock price forecast" towards upper resistance near $115.