In a recent development, Morgan Stanley has reaffirmed its 'Equal-Weight' rating for Dominion Energy (D, Financial). The analyst leading this assessment, Stephen Byrd, has maintained the current rating but has decided to lower the stock's price target.
The new price target for Dominion Energy (D, Financial) is set at $62.00 USD, down from the previous target of $63.00 USD. This adjustment signifies a 1.59% decrease in the price target.
The update was officially announced on May 22, 2025. Investors and stakeholders of Dominion Energy (D, Financial) are advised to note these changes in their valuation and investment considerations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Dominion Energy Inc (D, Financial) is $60.07 with a high estimate of $69.00 and a low estimate of $52.92. The average target implies an upside of 6.25% from the current price of $56.53. More detailed estimate data can be found on the Dominion Energy Inc (D) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Dominion Energy Inc's (D, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" 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 Dominion Energy Inc (D, Financial) in one year is $61.78, suggesting a upside of 9.29% from the current price of $56.53. 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 Dominion Energy Inc (D) Summary page.