Dominion Energy (D) Price Targets Lowered by Analysts

Core Viewpoint - Dominion Energy, Inc. is facing price target reductions from analysts, reflecting a cautious outlook on the utility sector's growth potential, particularly influenced by data center demand [3][4]. Group 1: Analyst Ratings and Price Targets - Morgan Stanley analyst David Arco lowered the price target for Dominion Energy from $65 to $62 while maintaining an 'Equal Weight' rating, indicating a potential upside of 4.5% [3]. - JPMorgan also reduced its price target from $62 to $59 and kept an 'Underweight' rating, aligning with broader updates in the North American utilities sector [4]. Group 2: Company Position and Market Dynamics - Dominion Energy provides regulated electricity to 3.6 million customers and natural gas service to 500,000 customers in South Carolina [2]. - The company has established a significant presence in Virginia's 'Data Center Alley,' connecting 450 data centers, with over 25% of its sales attributed to these facilities [5]. - As of September 2025, Dominion Energy has approximately 47 GW of data-center supply in various contracting stages, an increase from around 40 GW as of December 2024 [5].