Mizuho raises target for Energy Transfer stock to USD 26.00

Published on 10/13/2026 at 15:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter adjusted earnings per share reached USD 0.59 versus USD 0.37 expected. Energy Transfer stock stood at USD 20.41 on NYSE on October 13, 2026.

Target, earnings and reporting date

Mizuho lifted its Energy Transfer target to USD 26.00 from USD 25.00 on October 12, 2026.
Adjusted earnings per share reached USD 0.59 against USD 0.37 expected in the second quarter of 2026.
Energy Transfer stock stood at USD 20.41 on NYSE on October 13, 2026.
Energy Transfer plans to release third-quarter 2026 results on November 3, 2026.

ET, US29273V1008, Illustration mit AI erstellt.

Energy Transfer stock (ISIN US29273V1008) has a new USD 26.00 price target from Mizuho, up from USD 25.00. Investing.com reports that the firm maintained its Outperform rating in a note dated October 12, 2026. The target is USD 5.59, or 21.56 percent, above the USD 20.41 stock price cited in the same report.

Energy Transfer's adjusted earnings per share reached USD 0.59 in the second quarter of 2026, versus a USD 0.37 consensus estimate. The result came with adjusted earnings before interest, taxes, depreciation and amortization of USD 5.10 billion, up 30.80 percent from the prior-year period, according to Investing.com. The same report says revenue growth over the last twelve months was 33.27 percent.

Second-quarter earnings beat estimate

The earnings comparison gives the target revision a concrete operating anchor. Adjusted earnings per share exceeded the cited estimate by USD 0.22, while the adjusted earnings measure increased 30.80 percent year over year in the second quarter of 2026.

Stock remains below yearly high

Energy Transfer stock stood at USD 20.41 on the NYSE on October 13, 2026, according to the dated market report, and the stock was up 30.41 percent year to date. The 52-week range was USD 16.18 to USD 21.84 as of October 5, 2026, placing the price USD 1.43 below the high. Its market capitalization was USD 71.3 billion on that date.

Valuation and reporting date

The finance snapshot placed the price-to-earnings ratio at 12.87 and the dividend yield at 6.00 percent on October 5, 2026. Energy Transfer plans to release third-quarter 2026 results before the market opens on November 3, 2026, with a conference call at 9:00 a.m. ET, according to Fidelity citing the company release of October 1, 2026. Zacks lists a consensus estimate of USD 0.40 for that quarter, compared with USD 0.59 reported for the prior quarter, and identifies November 3, 2026 as the confirmed release date.

Comparison with peers
Energy Transfer (NYSE, USD): P/E 12.87, market capitalization USD 71.3 billion
The Williams Companies (NYSE, USD): minus 0.10 percent, P/E 29.36, market capitalization USD 90.6 billion
Kinder Morgan (NYSE, USD): plus 0.15 percent, P/E 21.23, market capitalization USD 73.8 billion

Price and target in view

For investors, the key contrast is a USD 26.00 target against a USD 20.41 market price, alongside a second-quarter earnings-per-share result that exceeded the cited estimate. The next scheduled reporting date is November 3, 2026, when management is set to discuss the third-quarter figures.

Market context: Market report S&P 500.