Dominion Energy stock rises after TD Cowen lifts target
Published on 08/20/2026 at 17:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dominion Energy (ISIN US25746U1097) stock is trading near $68 on August 20, 2026, after TD Cowen lifted its price target to $80 from $69 and kept a Buy rating.
That call, reported on August 19, 2026, gives the shares a fresh catalyst while the latest quarter already showed $0.79 in earnings per share and $4.48 billion in revenue, both above the $0.68 and $4.04 billion consensus marks.
Quarterly numbers still matter
The second-quarter comparison is clear: revenue rose 17.6% year over year, while EPS improved from $0.75 a year earlier to $0.79 in the quarter ended July 31, 2026. Dominion also set FY 2026 guidance at $3.45 to $3.69 EPS, and analysts now expect $3.57 for the year.
For investors, the mix matters more than the headline target. A utility with a 0.65 beta, a 23.82 P/E ratio and a 3.9% dividend yield can move on valuation, but it still needs earnings support to justify a re-rating.
Consensus stays cautious
Consensus data still points to a Hold view with an average target of $69.93, so the $80 call stands out rather than rewrites the market view.
Market data also shows the stock opened at $68.36 and carried a market capitalization of $60.12 billion, keeping the shares close to the center of the recent trading band.
Utility demand backdrop
Dominion's latest quarter was helped by rising power demand in Virginia, where data-center load remains a key driver of the utility story. That makes the company's guidance range and rate base execution more important than a single day's move.
One number still frames the debate: the annualized dividend is $2.67, based on the recently declared $0.6675 quarterly payout.
Dominion Energy's core business
Dominion Energy's utility portfolio spans electric generation, transmission and regulated distribution, with growth tied to power demand, grid investment and rate decisions. For U.S. investors, that combination keeps the stock tied to both yield and earnings delivery.
Shares close near $68
As of August 19, 2026, the shares were quoted at $68.76, with a market cap of $60.48 billion and a 3.88% yield.
Fact box
Company: Dominion Energy Inc.
ISIN: US25746U1097
Ticker: D
Exchange: NYSE
Price (as of August 19, 2026, 4:00 p.m. ET): $68.76 USD
Market cap: $60.48 billion (as of August 19, 2026)
Sector / Industry: Utilities / Electric Utilities
Index membership: S&P 500
