BMO raises target for DTE Energy stock from USD 132.00 to USD 134.00

Published on 10/06/2026 at 10:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 3.34 billion in the second quarter. DTE Energy stock costs EUR 111.48 on October 6, 2026 versus EUR 111.43.

Makrofoto Kupferkabel Querschnitt farbige Isolierungen Kupferleiter weißer Hintergrund — DTE Energy Co. Makro-Aufnahme eines Kupferkabels mit farbig isolierten Leitern, Energieinfrastruktur US2333311072, Illustration mit AI erstellt.

DTE Energy Co. (ISIN US2333311072) was trading at EUR 111.48 at Lang & Schwarz on October 6, 2026 at 10:44 a.m. CEST, while BMO Capital raised its target from USD 132.00 to USD 134.00 on October 5, 2026, according to Markets Insider. The euro quote stood at plus 0.04 percent versus the Lang & Schwarz prior close of EUR 111.43.

BMO links target to Google contracts

BMO kept a Market Perform rating and tied the target increase to the Michigan Public Service Commission's conditional approval of DTE Energy's Google special contracts. The regulatory decision was described as a de-risking event ahead of DTE Energy's third-quarter update, according to Markets Insider.

A September 28, 2026 filing said DTE Energy would meet with investors and discuss its 2026 operating earnings guidance. The filing identifies DTE Energy's common stock as DTE on the New York Stock Exchange, according to the SEC.

Second-quarter results add a mixed signal

For the quarter ending June 30, 2026, revenue reached USD 3.34 billion, down from USD 3.42 billion a year earlier, while net income rose to USD 282.00 million from USD 228.00 million, as reported by Markets Insider. The contrast puts regulatory progress beside a revenue comparison that remains important for the next quarterly update.

DTE Energy's primary-market capitalization was USD 26.0 billion as of October 5, 2026. Its NYSE quotation had a 52-week range of USD 119.68 to USD 155.75, leaving the company valued below the upper end of its annual trading range.

Euro quote stays near prior close

DTE Energy stock was trading at EUR 111.48 at Lang & Schwarz on October 6, 2026 at 10:44 a.m. CEST, versus the prior close of EUR 111.43 on October 5, 2026. Yahoo Finance lists October 29, 2026 as the next earnings date, according to Yahoo Finance. The further course of trading is shown by the continuously updated real-time quote of DTE Energy stock.