Do Wall Street Analysts Like CMS Energy Stock?

Core Insights - CMS Energy Corporation has a market capitalization of $23.5 billion and serves approximately 1.9 million electric and 1.8 million gas customers across various sectors [1] - The company operates through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy, focusing on power generation, energy distribution, and renewable energy development [1] Stock Performance - Over the past 52 weeks, CMS stock has returned 9.9%, underperforming the S&P 500 Index, which has increased by 11.8% [2] - Year-to-date, CMS shares are up 9.7%, outperforming the S&P 500's slight decline [2] - Compared to the State Street Utilities Select Sector SPDR ETF, which increased by 17.1% over the same period, CMS has also underperformed [3] Financial Results - On February 5, CMS reported strong Q4 2025 results with adjusted EPS of $3.61, an increase from $3.34 in 2024, exceeding guidance primarily due to NorthStar Clean Energy's performance [6] - The company raised its 2026 adjusted EPS guidance to a range of $3.83 - $3.90 and reaffirmed a long-term adjusted EPS growth target of 6% to 8% [6] Analyst Expectations - For the fiscal year ending December 2026, analysts project CMS' EPS to grow by 6.9% year-over-year to $3.86 [7] - The earnings surprise history is mixed, with CMS beating consensus estimates in three of the last four quarters [7] - Among 16 analysts covering the stock, the consensus rating is a "Moderate Buy," consisting of eight "Strong Buy" ratings and eight "Holds" [7] Price Target - Jefferies analyst reiterated a "Buy" rating on CMS Energy Corporation with a price target of $84 [8] - The stock is currently trading above the mean price target of $79.15, with a Street-high price target of $87 indicating a potential upside of 13.4% [9]