Truist cuts target for Dominion Energy stock to USD 62.00
Published on 10/13/2026 at 12:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Truist Financial cut its Dominion Energy price target from USD 66.00 to USD 62.00 on October 12, 2026, while keeping a Hold rating.
- Dominion Energy reported USD 4.48 billion in revenue and USD 0.79 in operating earnings per share for the second quarter of 2026.
- The company will discuss third-quarter results on October 30, 2026, with regulatory proceedings scheduled to continue afterward.
Truist Financial cut its Dominion Energy price target from USD 66.00 to USD 62.00 on October 12, 2026, while keeping a Hold rating, as Investing.com reports. Dominion Energy stock was trading at EUR 56.07 at Lang & Schwarz on October 13, 2026 at 12:15 p.m. CEST.
Three dates shaped the stock
On July 28, 2026, Dominion Energy declared a quarterly dividend of USD 0.6675 per share, according to MarketBeat. On July 31, 2026, Dominion reported second-quarter operating earnings of USD 0.79 per share and revenue of USD 4.48 billion, as Investing.com reported. On October 12, 2026, Truist lowered its target from USD 66.00 to USD 62.00.
What does the target cut mean?
The new USD 62.00 target is USD 11.00 below the USD 73.00 consensus target cited by Markets Insider. The report said Truist analyst Richard Sunderland maintained Hold coverage and set the USD 62.00 target while Dominion prepares for third-quarter results.
Dominion's second-quarter operating earnings included USD 0.03 per share from renewable natural gas credits, while GAAP earnings were USD 0.37 per share, according to the company's earnings-call transcript published by Yahoo Finance. Management also said more than 53 gigawatts of data-center capacity was in various contracting stages, including 12 gigawatts under electric service agreements.
Upcoming dates carry the next test
Dominion Energy will host its third-quarter 2026 earnings call at 11:00 a.m. ET on October 30, 2026, according to Financial Times. The call follows the second-quarter revenue of USD 4.48 billion and the operating earnings figure of USD 0.79 per share, giving investors a defined date for the next financial update.
Regulatory milestones are also scheduled. Dominion's earnings-call transcript said Virginia evidentiary hearings were set to begin on November 17, 2026, while a proposed South Carolina hearing date was December 8, 2026. The same transcript described the proposed combination with NextEra Energy as involving USD 2.25 billion in shareholder-funded customer bill credits.
EUR 56.07 at Lang & Schwarz
At Lang & Schwarz, Dominion Energy stock was trading at EUR 56.07 on October 13, 2026 at 12:15 p.m. CEST. The company has a market capitalization of USD 54.9 billion as of October 12, 2026, while its primary listing is on the NYSE under ticker D. The further course of trading is shown by the continuously updated real-time quote of Dominion Energy stock.
Dominion Energy stock facts
- Company: Dominion Energy, Inc.
- ISIN: US25746U1097
- Ticker: D
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 12:15 p.m. CEST): EUR 56.07
- Market capitalization: USD 54.9 billion (as of October 12, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
