12 Month Price Forecast For CNP
Distance to CNP Price Forecasts
CNP Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 4:48 AM UTC
CNP Analyst Ratings & Price Targets
Based on our analysis of 28 Wall Street analysts, CNP has a consensus that is neutral. The median price target is $32.00, with forecasts ranging from $29.00 to $37.00. Currently, there are 6 Buy ratings, 11 Hold ratings, and 1 Sell ratings.
With CNP currently trading at $32.44, the median price forecast suggests a -1.4% downside. The most optimistic forecast comes from William Appicelli at UBS, projecting a 14.1% upside, while Ross Fowler at B of A Securities provides the most conservative target, suggesting a -10.6% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CNP Analyst Consensus
CNP Price Target Range
Latest CNP Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CNP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 12, 2024 | Ladenburg Thalmann | Paul Fremont | Buy | Initiates | $34.50 |
| Dec 12, 2024 | Scotiabank | Andrew Weisel | Sector Outperform | Upgrade | $35.00 |
| Dec 3, 2024 | UBS | William Appicelli | Buy | Upgrade | $37.00 |
| Nov 22, 2024 | Morgan Stanley | David Arcaro | Equal-Weight | Maintains | $31.00 |
| Oct 29, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $30.00 |
| Oct 16, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $32.00 |
| Sep 25, 2024 | Morgan Stanley | David Arcaro | Equal-Weight | Maintains | $32.00 |
| Sep 12, 2024 | B of A Securities | Ross Fowler | Neutral | Reinstates | $29.00 |
| Aug 26, 2024 | BMO Capital | James Thalacker | Market Perform | Maintains | $28.00 |
| Aug 23, 2024 | Morgan Stanley | Stephen Byrd | Equal-Weight | Maintains | $30.00 |
| Aug 20, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $28.00 |
| Aug 13, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Downgrade | $28.00 |
| Aug 2, 2024 | Keybanc | Sophie Karp | Sector Weight | Downgrade | $0.00 |
| Aug 2, 2024 | JP Morgan | Jeremy Tonet | Neutral | Downgrade | $29.00 |
| Aug 2, 2024 | BMO Capital | James Thalacker | Market Perform | Downgrade | $28.00 |
| Jul 31, 2024 | BMO Capital | James Thalacker | Outperform | Maintains | $31.00 |
| Jul 23, 2024 | BMO Capital | James Thalacker | Outperform | Maintains | $32.00 |
| Jul 22, 2024 | Keybanc | Sophie Karp | Overweight | Maintains | $31.00 |
| Jul 17, 2024 | Morgan Stanley | Stephen Byrd | Equal-Weight | Downgrade | $29.00 |
| Jun 26, 2024 | BMO Capital | James Thalacker | Outperform | Maintains | $33.00 |
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CenterPoint Energy Inc (CNP) Financial Data
CenterPoint Energy Inc has a market capitalization of $21.55B with a P/E ratio of 22.0x. The company generates $8.56B in trailing twelve-month revenue with a 11.2% profit margin.
Revenue growth is -0.2% quarter-over-quarter, while maintaining an operating margin of +22.6% and return on equity of +9.6%.
Valuation Metrics
Growth & Margins
Financial Health
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CenterPoint Energy Inc (CNP) Company Overview
About CenterPoint Energy Inc
Operates as a public utility holding company.
The company generates revenue through its two primary segments: Electric and Natural Gas. It provides electric transmission and distribution services, as well as natural gas sales and transportation to residential, commercial, and industrial customers across several states. Additionally, it offers maintenance and repair services for home appliances and home repair protection plans, further diversifying its income sources.
CenterPoint Energy serves approximately 2.5 million metered customers and owns significant infrastructure, including 348 substations and 217 miles of pipeline. Established in 1866 and based in Houston, Texas, the company has a long history in the utility sector.
Company Information
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
8,827
CEO
Mr. Jason P. Wells CPA
Country
United States
IPO Year
1970
Website
www.centerpointenergy.comCenterPoint Energy Inc (CNP) Latest News & Analysis
CenterPoint Energy has restored power to about 28,500 customers following Winter Storm Enzo. Crews are addressing ongoing outages, urging public safety by staying off roads.
Restoration of power after Winter Storm Enzo indicates operational resilience for CenterPoint Energy, which may positively affect its stock performance and investor confidence in recovery capabilities.
Investors are comparing Xcel Energy (XEL) and CenterPoint Energy (CNP) for potential undervalued stock opportunities in the Utility - Electric Power sector.
The comparison between Xcel Energy and CenterPoint Energy highlights potential investment opportunities in undervalued stocks within the Electric Power sector, influencing portfolio decisions.
CenterPoint Energy is mobilizing nearly 1,200 additional workers in response to ERCOT's Weather Watch for Jan 20-23, anticipating extreme cold and potential power outages in Greater Houston.
Severe weather may increase electricity demand and strain resources, potentially impacting CenterPoint Energy's operations and profits. Preparedness measures indicate proactive management of risks.
CenterPoint Energy mobilizes to respond to winter storm projected to impact the Greater Houston area
4 days agoA Winter Storm Watch is issued for the Greater Houston area, with significant wintry precipitation expected. CenterPoint Energy is implementing its cold weather readiness plan amid the forecast.
Severe winter weather can disrupt energy supply and increase operational costs for utility companies, affecting their profitability and stock performance.
Greater Houston is under a Winter Storm Warning as a major storm, Enzo, approaches with freezing precipitation expected. CenterPoint Energy is activating emergency operations and preparing for restoration efforts.
Severe weather forecasts can disrupt operations, impact energy demand, and affect utility stocks. CenterPoint's readiness may mitigate losses, influencing investor confidence and stock performance.
CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter & Full Year 2024 Earnings Conference Call
6 days agoHouston, TX, announced a news event on January 16, 2025, at 7:00 a.m. Central time. Further details on the event were not provided in the excerpt.
The date and time indicate a potential announcement or event that could influence market sentiment, stock prices, or economic indicators relevant to Houston or related sectors.
Frequently Asked Questions About CNP Stock
What is CenterPoint Energy Inc's (CNP) stock forecast for 2025?
Based on our analysis of 28 Wall Street analysts, CenterPoint Energy Inc (CNP) has a median price target of $32.00. The highest price target is $37.00 and the lowest is $29.00.
Is CNP stock a good investment in 2025?
According to current analyst ratings, CNP has 6 Buy ratings, 11 Hold ratings, and 1 Sell ratings. The stock is currently trading at $32.44. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CNP stock?
Wall Street analysts predict CNP stock could reach $32.00 in the next 12 months. This represents a -1.4% decrease from the current price of $32.44. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is CenterPoint Energy Inc's business model?
The company generates revenue through its two primary segments: Electric and Natural Gas. It provides electric transmission and distribution services, as well as natural gas sales and transportation to residential, commercial, and industrial customers across several states. Additionally, it offers maintenance and repair services for home appliances and home repair protection plans, further diversifying its income sources.
What is the highest forecasted price for CNP CenterPoint Energy Inc?
The highest price target for CNP is $37.00 from William Appicelli at UBS, which represents a 14.1% increase from the current price of $32.44.
What is the lowest forecasted price for CNP CenterPoint Energy Inc?
The lowest price target for CNP is $29.00 from Ross Fowler at B of A Securities, which represents a -10.6% decrease from the current price of $32.44.
What is the overall CNP consensus from analysts for CenterPoint Energy Inc?
The overall analyst consensus for CNP is neutral. Out of 28 Wall Street analysts, 6 rate it as Buy, 11 as Hold, and 1 as Sell, with a median price target of $32.00.
How accurate are CNP stock price projections?
Stock price projections, including those for CenterPoint Energy Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
