Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
DTE Energy (DTE)
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-04
$134.87-1.93%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
8.35 → 8.30 EPS · FY ending Dec 31, 2027 · 11 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 11 to 11; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for DTE yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Progress data center projects for Oracle and Google | A supporting condition in DTE Energy's published investment case. The stated target is Sustain progress on data center development. | Intact | Data center projects stall or cancel | Qualitative: Google contract approved News confirms Google contract approval, reinforcing the objective to develop data center projects for Oracle and Google. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earningsObserved price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
DTE is a regulated utility with a measured growth case, supported by infrastructure spending and new data center contracts. Management remains stable and earnings quality is robust, but the thesis is on watch because recent financial performance trails its industry cohort and confidence has eased to medium.
Valuation is expensive versus peers, with a premium of 1.18 and an expectations gap of -0.67. The valuation signal is marked justified, and the evidence shows low fragility, but it does not remove the risk that high expectations leave less room for execution setbacks.
Near term, management is on track with its 2026 operating EPS guidance, and recent quarterly diluted EPS rose from the first to the second quarter. The next call’s guidance matters: a cut would be a meaningful negative, while the 24% estimated miss probability is described as low despite recent peer misses and a past deep miss. Over the multi-year view, reliability investment and data center projects support growth, though execution and regulatory approvals remain important.
The thesis depends on DTE reaching the high end of its 2026 operating EPS guidance and advancing its Oracle and Google data center agreements. Near term, guidance cuts are the clearest company-specific risk; Fed rate cuts or continued earnings strength from utility peers could support sector momentum. Reliability improvements also need to show progress against the company’s outage goals.
For the next 1 to 3 years, DTE offers a steady utility growth story with meaningful infrastructure and data center plans, but its expensive peer-relative valuation and recent relative performance warrant attention. The thesis rests on guidance delivery and project execution. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The company is improving electric reliability. |
| Under Pressure |
| Power outages remain high or increase over next year |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve high end of 2026 EPS guidance range | A primary condition in DTE Energy's published investment case. The stated target is >= $7.73 EPS. | Under Pressure | EPS falls below $7.59 in 2026 | Diluted EPS: $1.35 per share FY2026-Q2; GAAP. Published target: >= $7.73 EPS. Target period ends 2026-12-31; this observation covers 2026-Q2. Jul 28, 20261.35 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 1 of 3 supplied quarters. Management reported: ““We remain on track with our 2026 operating EPS guidance and are managing costs and capital with discipline so DTE can continue investing for the future to benefit our customers.”” “Continuing to deliver exceptional results for our stakeholders; well positioned for long-term growth 3 1.” Diluted EPS was $1.35 in 2026-Q2. Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$8.34 → $8.30 · observed estimates
$16.55B → $16.56B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $8.34 | $16,547,085,779 | 11 / 10 |
| 2026-07-25 | $8.36 | $16,665,679,020 | 17 / 12 |
| 2026-07-26 | $8.36 | $16,665,679,020 | 17 / 12 |
| 2026-07-27 | $8.36 | $16,665,679,020 | 17 / 12 |
| 2026-07-28 | $8.34 | $16,494,012,349 | 11 / 9 |
| 2026-07-29 | $8.37 | $16,553,810,109 | 16 / 11 |
| 2026-07-30 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-07-31 | $8.37 | $16,625,269,250 | 16 / 11 |
| 2026-08-01 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-02 | $8.36 | $16,625,248,339 | 16 / 11 |
| 2026-08-03 | $8.36 | $16,625,248,339 | 16 / 11 |
| 2026-08-04 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-05 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-06 | $8.36 | $16,625,248,339 | 16 / 11 |
| 2026-08-07 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-08 | $8.36 | $16,495,294,310 | 16 / 12 |
| 2026-08-09 | $8.36 | $16,495,294,310 | 16 / 12 |
| 2026-08-10 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-11 | $8.36 | $16,495,294,310 | 16 / 12 |
| 2026-08-12 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-13 | $8.36 | $16,495,294,310 | 16 / 12 |
| 2026-08-14 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-15 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-16 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-17 | $8.35 | $16,559,516,558 | 11 / 9 |
| 2026-08-18 | $8.35 | $16,559,516,558 | 10 / 9 |
| 2026-08-19 | $8.35 | $16,559,516,558 | 10 / 9 |
| 2026-08-20 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-21 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-22 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-23 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-24 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-25 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-26 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-27 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-28 | $8.35 | $16,482,822,388 | 10 / 9 |
| 2026-08-29 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-08-30 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-08-31 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-01 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-02 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-03 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-04 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-05 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-06 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-07 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-08 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-09 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-10 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-11 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-12 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-13 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-14 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-15 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-16 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-17 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-18 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-19 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-20 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-21 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-22 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-23 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-24 | $8.35 | $16,482,503,856 | 10 / 9 |
| 2026-09-25 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-26 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-27 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-28 | $8.35 | $16,482,503,859 | 10 / 9 |
| 2026-09-29 | $8.35 | $16,521,503,859 | 10 / 9 |
| 2026-09-30 | $8.35 | $16,521,503,859 | 10 / 9 |
| 2026-10-01 | $8.35 | $16,521,470,934 | 10 / 9 |
| 2026-10-02 | $8.35 | $16,521,470,934 | 10 / 9 |
| 2026-10-03 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-04 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-05 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-06 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-07 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-08 | $8.35 | $16,521,470,934 | 11 / 9 |
| 2026-10-09 | $8.35 | $16,521,503,859 | 11 / 9 |
| 2026-10-10 | $8.35 | $16,521,503,859 | 11 / 9 |
| 2026-10-11 | $8.35 | $16,521,503,859 | 11 / 9 |
| 2026-10-12 | $8.35 | $16,521,503,859 | 11 / 9 |
| 2026-10-13 | $8.35 | $16,521,503,859 | 11 / 9 |
| 2026-10-14 | $8.35 | $16,522,978,858 | 11 / 9 |
| 2026-10-15 | $8.35 | $16,524,375,348 | 11 / 9 |
| 2026-10-16 | $8.35 | $16,524,375,350 | 11 / 9 |
| 2026-10-17 | $8.35 | $16,524,375,350 | 11 / 9 |
| 2026-10-18 | $8.34 | $16,522,792,018 | 11 / 9 |
| 2026-10-19 | $8.34 | $16,522,792,018 | 11 / 9 |
| 2026-10-20 | $8.34 | $16,522,792,018 | 11 / 9 |
| 2026-10-21 | $8.31 | $16,543,604,859 | 11 / 9 |
| 2026-10-22 | $8.30 | $16,561,183,108 | 11 / 9 |
| 2026-10-23 | $8.30 | $16,561,183,108 | 11 / 10 |
| 2026-10-24 | $8.30 | $16,560,567,723 | 11 / 10 |
| 2026-10-25 | $8.30 | $16,560,567,723 | 11 / 10 |
| 2026-10-26 | $8.30 | $16,560,567,723 | 11 / 10 |
| 2026-10-27 | $8.30 | $16,560,567,723 | 11 / 10 |
| 2026-10-28 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-10-29 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-10-30 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-10-31 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-11-01 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-11-02 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-11-03 | $8.30 | $16,560,598,113 | 11 / 10 |
| 2026-11-04 | $8.30 | $16,560,598,113 | 11 / 10 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 10 Buy / Strong Buy · 8 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 4 recorded
1 raises · 3 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
2 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.