Dominion Energy (D)
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
$65.84-1.42%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-09-04
Warn: Primary pillar under pressure — EPS growth of 9% or more annually: EPS growth ~2.1% vs 9% target.
Dominion expects over 9% EPS growth yearly through 2032. Revenue grew 23% last quarter. The company beat EPS estimates by 4.4% recently.
NextEra's $66.8 billion acquisition breaks Dominion's independent growth story. Regulatory delays could hurt merger benefits. Clean energy challenges may slow growth.
The price is about 5% above our fair value near $67. Analysts expect 6% revenue growth. Our fair value is close to the Street median.
Breaks if: annual EPS growth falls below 9% over the next 5 years
Breaks if: Regulatory delays or blocks delay merger benefits beyond 12 months
revenue growth falls below 6% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable utility with a focus on long-term growth. The current thesis is cautious due to recent weak financial performance and sector headwinds, but management's commitments provide some reassurance.
The market appears to have priced in a neutral valuation, reflecting a cheap position compared to peers. There is a slight expectations gap, indicating that investors may not fully anticipate the challenges ahead.
Management has reaffirmed its earnings guidance for 2026, which aligns with their recent performance. However, the recent financial results have been weak, and the company has a history of missing expectations, which could pose risks in the near term.
The long-term thesis hinges on management's ability to affirm guidance in upcoming calls and the performance of sector peers. Additionally, changes in interest rates and the completion of key projects like the Coastal Virginia Offshore Wind project will be critical.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the read on growth. However, increased scrutiny of the merger with NextEra may complicate future plans. Regulatory intervention could delay the merger and impact growth objectives.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, Dominion Energy's performance will depend on its execution of strategic priorities and external market conditions. Not investment advice.