DTE Energy Q3 profit falls

DTE Energy

30/10/2025 11:21

Overview

DTE Energy Q3 net income declines yr/yr, operating earnings increase slightly

Company invested nearly $3 bln in utilities through Q3 2025

Executed 1.4 GW data center agreement, creating affordability benefits for customers

Outlook

DTE Energy confirms 2025 operating EPS guidance of $7.09 - $7.23

DTE Energy provides 2026 operating EPS early outlook of $7.59 - $7.73

Result Drivers

UTILITY INVESTMENTS - DTE invested nearly $3 bln in utilities through Q3 2025, focusing on infrastructure modernization and cleaner energy transition

DATA CENTER AGREEMENT - Executed 1.4 GW data center agreement to create affordability benefits for existing customers

CUSTOMER SUPPORT - Donated $800,000 to United Way to support vulnerable customers during extreme summer heat

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Operating Earnings
$468 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for DTE Energy Co is $150.50, about 7.7% above its October 29 closing price of $138.86

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPn8prCbGa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)