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NYSE: ET
Energy Transfer LP Stock Forecast, Predictions & Price Target

Analyst price target for ET

Based on 6 analysts offering 12 month price targets for Energy Transfer LP.
Min Forecast
$15.00+12.95%
Avg Forecast
$16.33+22.99%
Max Forecast
$18.00+35.54%

Should I buy or sell ET stock?

Based on 6 analysts offering ratings for Energy Transfer LP.
Strong Buy
Strong Buy
5 analysts 83.33%
Buy
1 analysts 16.67%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ET stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 10%
91
Strong BuyMaintains$15.00+12.95%2023-01-18
Morgan Stanley
Top 13%
88
Strong BuyMaintains$18.00+35.54%2023-01-09
Citigroup
Top 15%
86
Strong BuyInitiates Coverage On$16.00+20.48%2022-12-09Find out why
RBC Capital
Bottom 6%
6
BuyMaintains$17.00+28.01%2022-11-30
Mizuho
Top 11%
90
Strong BuyMaintains$17.00+28.01%2022-11-04
Raymond James
Top 1%
100
Strong BuyMaintains$15.00+12.95%2022-05-05

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Forecast return on equity

Is ET forecast to generate an efficient return?
Company
11.95%
Industry
14.3%
Market
47.84%
ET's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ET forecast to generate an efficient return on assets?
Company
3.71%
Industry
5.91%
ET is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ET earnings per share forecast

What is ET's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.33-1.48%
Avg 2 year Forecast
$1.27-5.93%
ET's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ET revenue forecast

What is ET's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$102.2B+16.14%
Avg 2 year Forecast
$93.7B+6.41%
ET's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ET earnings growth forecast

How is ET forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-1.48%
Industry
25.77%
Market
84.98%
ET's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ET's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ET's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ET revenue growth forecast

How is ET forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
16.14%
Industry
1.16%
Market
70.6%
ET's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ET's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ET vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
ET$13.28$16.33+22.99%Strong Buy
KMI$18.28$19.71+7.84%Hold
TRP$41.84$66.00+57.74%Hold
WMB$32.08$37.30+16.27%Buy
LNG$147.83$194.18+31.35%Strong Buy

Energy Transfer Stock Forecast FAQ

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

The consensus among 6 Wall Street analysts covering (NYSE: ET) stock is to Strong Buy ET stock.

Out of 6 analysts, 5 (83.33%) are recommending ET as a Strong Buy, 1 (16.67%) are recommending ET as a Buy, 0 (0%) are recommending ET as a Hold, 0 (0%) are recommending ET as a Sell, and 0 (0%) are recommending ET as a Strong Sell.

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

What is ET's earnings growth forecast for 2023-2024?

(NYSE: ET) Energy Transfer's forecast annual earnings growth rate of -1.48% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 25.77%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Energy Transfer's earnings in 2023 is $4,101,000,000.On average, 5 Wall Street analysts forecast ET's earnings for 2023 to be $4,107,671,926, with the lowest ET earnings forecast at $3,397,322,645, and the highest ET earnings forecast at $5,219,522,973.

In 2024, ET is forecast to generate $3,922,363,418 in earnings, with the lowest earnings forecast at $3,489,976,899 and the highest earnings forecast at $4,725,366,952.

What is ET's revenue growth forecast for 2023-2024?

(NYSE: ET) Energy Transfer's forecast annual revenue growth rate of 16.14% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 1.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.6%.

Energy Transfer's revenue in 2023 is $88,032,000,000.On average, 2 Wall Street analysts forecast ET's revenue for 2023 to be $315,777,124,853,668, with the lowest ET revenue forecast at $292,486,319,276,705, and the highest ET revenue forecast at $339,067,933,519,107.

In 2024, ET is forecast to generate $289,317,210,235,959 in revenue, with the lowest revenue forecast at $289,317,210,235,959 and the highest revenue forecast at $289,317,210,235,959.

What is ET's forecast return on assets (ROA) for 2023-2024?

(NYSE: ET) forecast ROA is 3.71%, which is lower than the forecast US Oil & Gas Midstream industry average of 5.91%.

What is ET's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ET price target, the average ET price target is $16.33, with the highest ET stock price forecast at $18.00 and the lowest ET stock price forecast at $15.00.

On average, Wall Street analysts predict that Energy Transfer's share price could reach $16.33 by Jan 18, 2024. The average Energy Transfer stock price prediction forecasts a potential upside of 22.99% from the current ET share price of $13.28.

What is ET's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: ET) Energy Transfer's current Earnings Per Share (EPS) is $1.35. On average, analysts forecast that ET's EPS will be $1.33 for 2023, with the lowest EPS forecast at $1.10, and the highest EPS forecast at $1.69. In 2024, ET's EPS is forecast to hit $1.27 (min: $1.13, max: $1.53).

What is ET's forecast return on equity (ROE) for 2023-2024?

(NYSE: ET) forecast ROE is 11.95%, which is considered weak.
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