Dominion Energy Stock - Jefferies upgrade to Buy adds analyst tailwind

Dominion Energy gets a fresh vote of confidence from Jefferies, which raises its rating to Buy and lifts the price target to $76. A look at what the upgrade says about the regulated utility’s outlook and how consensus on the stock is shaping up.

Edited by ad hoc news Analyst & Consensus Desk. Verified prior to publication on 06/22/2026, 06:58 UTC. Details in the imprint.

Dominion Energy (US25746U1097) draws new attention from Wall Street. Jefferies upgraded the stock to Buy from Hold and raised its price target to $76 from $65, according to a recent analyst update summarized by Intellectia.ai citing Jefferies’ note.

What Jefferies is signaling

The Jefferies call marks a clear shift in stance on Dominion Energy, moving from a neutral Hold to a positive Buy while lifting the target price by $11 to $76 per share. The upgrade suggests improving visibility on earnings and balance-sheet repair after Dominion’s recent portfolio reshaping.

Dominion has been selling non-core assets and refocusing on regulated electric and gas utility operations, steps that many analysts see as reducing risk and stabilizing cash flows. The company’s investor materials highlight an emphasis on regulated returns and long-term infrastructure investment in its core service territories.

How the broader analyst consensus looks

Beyond Jefferies, analyst sentiment on Dominion Energy remains mixed but has gradually firmed as the company advances its strategic review and balance-sheet actions. MarketWatch’s overview shows a blend of Buy, Hold and Sell ratings, with the stock trading in a range that reflects this divided view.

Consensus earnings forecasts for the coming years generally assume modest, single-digit annual growth, supported by rate-regulated returns and ongoing capital spending on grid modernization and cleaner generation. Against that backdrop, upgrades like Jefferies’ move to Buy underline confidence that management can deliver on guidance.

What the company sells

Dominion Energy makes its money predominantly as a regulated utility, providing electric service to customers in Virginia and neighboring states and natural gas distribution and transmission in several US regions. Company information also emphasizes its growing portfolio of solar and other clean-energy projects, which are folded into regulated rate bases or long-term contracts.

Where the stock trades today

Dominion Energy shares (US25746U1097) trade on the New York Stock Exchange at $51.20 as of 06/21/2026, 16:00 ET.

Key facts on Dominion Energy stock

• Company: Dominion Energy Inc.
• ISIN: US25746U1097
• WKN: A2DN82
• Ticker: D
• Venue: NYSE
• Price (as of 06/21/2026, 16:00 ET): 51.20 USD
• Market cap: 42,000,000,000 USD (as of 06/21/2026)
• Sector / Industry: Utilities / Multi-Utilities
• Index membership: S&P 500
• Next earnings date: 08/01/2026

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.