JPMorgan Updates Models for North American Utilities Group, Including DTE Energy (DTE)

Group 1 - DTE Energy Company is currently considered one of the best stocks to invest in according to Reddit discussions, despite JPMorgan lowering its price target to $145 from $151 while maintaining a Neutral rating [1] - In Q3 2025, DTE Energy reported total operating earnings of $468 million, with an EPS of $2.25, surpassing Street estimates by $0.14, and total revenue of $3.53 billion, reflecting a 21.37% year-over-year increase and exceeding estimates by $295.19 million [2] - The DTE Electric segment performed notably well, achieving $541 million in operating earnings, a $104 million increase compared to Q3 2024, while the DTE Gas segment reported a decline in operating earnings to $38 million, $25 million lower than the previous year [3] Group 2 - DTE Energy announced a significant increase in its capital plan and strategic initiatives, driven by major deals in the data center market, including an agreement to support 1.4 gigawatts of data center load [4]