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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
$27.00-7.12%
Avg Forecast
$29.38+1.05%
Max Forecast
$32.00+10.08%

Should I buy or sell CNP stock?

Based on 8 analysts offering ratings for Centerpoint Energy Inc.
Hold
Strong Buy
3 analysts 37.5%
Buy
0 analysts 0%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
2 analysts 25%

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CNP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-02-21
lockedlocked$00.00+00.00%2024-02-21
lockedlocked$00.00+00.00%2024-01-23
Barclays
Top 13%
88
Strong SellMaintains$28.00-3.68%2024-01-22
KeyBanc
Bottom 3%
3
Strong BuyMaintains$31.00+6.64%2024-01-04
Morgan Stanley
Top 6%
95
Strong BuyMaintains$27.00-7.12%2023-11-21

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Forecast return on equity

Is CNP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

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

CNP revenue forecast

What is CNP's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$9.3B+6.53%
Avg 2 year Forecast
$9.6B+9.84%
Avg 3 year Forecast
$9.9B+13.3%
CNP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNP earnings growth forecast

How is CNP forecast to perform vs Utilities - Regulated Electric companies and vs the US market?
Company
10.53%
Industry
8.54%
Market
21.81%
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
4.24%
Industry
3.89%
Market
10.08%
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$29.07$29.38+1.05%Hold
CMS$60.28$62.00+2.85%Buy
FTS$39.16N/AN/A
AEE$74.71$77.13+3.23%Hold
PPL$27.37$33.00+20.57%Strong Buy

Centerpoint Energy Stock Forecast FAQ

Is Centerpoint Energy Stock a good buy in 2024, according to Wall Street analysts?

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

Out of 8 analysts, 3 (37.5%) are recommending CNP as a Strong Buy, 0 (0%) are recommending CNP as a Buy, 3 (37.5%) are recommending CNP as a Hold, 0 (0%) are recommending CNP as a Sell, and 2 (25%) 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 revenue growth forecast for 2024-2026?

(NYSE: CNP) Centerpoint Energy's forecast annual revenue growth rate of 4.24% is forecast to beat the US Utilities - Regulated Electric industry's average forecast revenue growth rate of 3.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Centerpoint Energy's revenue in 2024 is $8,696,000,000.On average, 4 Wall Street analysts forecast CNP's revenue for 2024 to be $5,850,898,193,620, with the lowest CNP revenue forecast at $5,656,290,601,212, and the highest CNP revenue forecast at $6,056,045,838,481. On average, 4 Wall Street analysts forecast CNP's revenue for 2025 to be $6,033,026,737,826, with the lowest CNP revenue forecast at $5,808,315,446,947, and the highest CNP revenue forecast at $6,313,610,159,588.

In 2026, CNP is forecast to generate $6,222,845,579,173 in revenue, with the lowest revenue forecast at $6,015,775,360,026 and the highest revenue forecast at $6,578,816,776,637.

What is CNP's forecast return on assets (ROA) for 2024-2027?

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

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 $29.38, with the highest CNP stock price forecast at $32.00 and the lowest CNP stock price forecast at $27.00.

On average, Wall Street analysts predict that Centerpoint Energy's share price could reach $29.38 by Apr 22, 2025. The average Centerpoint Energy stock price prediction forecasts a potential upside of 1.05% from the current CNP share price of $29.07.

What is CNP's forecast return on equity (ROE) for 2024-2027?

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