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NYSE: CNP
Centerpoint Energy Inc Stock Forecast, Predictions & Price Target

Analyst price target for CNP

Based on 8 analysts offering 12 month price targets for Centerpoint Energy Inc.
Min Forecast
$28.00-1.06%
Avg Forecast
$31.88+12.63%
Max Forecast
$35.00+23.67%

Should I buy or sell CNP stock?

Based on 8 analysts offering ratings for Centerpoint Energy Inc.
Buy
Strong Buy
4 analysts 50%
Buy
1 analysts 12.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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CNP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 17%
84
BuyMaintains$33.00+16.61%2023-09-06
Morgan Stanley
Top 10%
91
Strong BuyMaintains$29.00+2.47%2023-08-23
Barclays
Top 11%
90
Strong SellInitiates Coverage On$28.00-1.06%2023-08-23
JP Morgan
Top 23%
78
Strong BuyMaintains$34.00+20.14%2023-08-17
Mizuho
Top 22%
79
HoldDowngrades$33.00+16.61%2023-07-28
Guggenheim
Bottom 17%
17
Strong BuyMaintains$33.00+16.61%2023-07-07
UBS
Bottom 29%
29
HoldDowngrades$30.00+6.01%2023-06-06
Bank of America
Top 5%
96
Strong BuyMaintains$35.00+23.67%2023-04-14Find out why

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Forecast return on equity

Is CNP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.82%

Forecast return on assets

Is CNP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CNP earnings growth forecast

How is CNP forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
15.42%
Industry
14.26%
Market
20.23%
CNP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

CNP revenue growth forecast

How is CNP forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
0.89%
Industry
1.72%
Market
8.15%
CNP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
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Forecast Revenue Growth vs Market Forecast

CNP vs Regulated Electric Utility Stocks

TickerPricePrice TargetUp/downsideConsensus
CNP$28.30$31.88+12.63%Buy
PPL$25.13$30.00+19.38%Strong Buy
CMS$56.37$62.88+11.54%Buy
FTS$40.31$62.50+55.05%Hold
ETR$96.55$111.44+15.43%Buy

Centerpoint Energy Stock Forecast FAQ

Is Centerpoint Energy Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: CNP) stock is to Buy CNP stock.

Out of 8 analysts, 4 (50%) are recommending CNP as a Strong Buy, 1 (12.5%) are recommending CNP as a Buy, 2 (25%) are recommending CNP as a Hold, 0 (0%) are recommending CNP as a Sell, and 1 (12.5%) are recommending CNP as a Strong Sell.

If you're new to stock investing, here's how to buy Centerpoint Energy stock.

What is CNP's forecast return on equity (ROE) for 2023-2026?

(NYSE: CNP) forecast ROE is N/A, which is considered weak.

What is CNP's Price Target?

According to 8 Wall Street analysts that have issued a 1 year CNP price target, the average CNP price target is $31.88, with the highest CNP stock price forecast at $35.00 and the lowest CNP stock price forecast at $28.00.

On average, Wall Street analysts predict that Centerpoint Energy's share price could reach $31.88 by Sep 6, 2024. The average Centerpoint Energy stock price prediction forecasts a potential upside of 12.63% from the current CNP share price of $28.30.

What is CNP's forecast return on assets (ROA) for 2023-2026?

(NYSE: CNP) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Electric industry average of N/A.
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