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DTE Energy Co

DTE Energy Co

DTE
$132.58USD-1.31%-1.76 today

MARKET CAP

27.6B

P/E (TTM)

18.7x

FWD P/E

DAY RANGE

$132 – $135

52W RANGE

$126
$156

AI Summary

Stalk
Sell NowHigh

DTE is in a Stage 4 declining regime with bearish structural repair and sustained supply dominance. Long- and medium-term directional biases are bearish, supported by declining moving averages and active bearish patterns. Short-term conditions favor immediate sell-side participation as price remains below key EMAs and recent lows. Primary risks include potential oversold bounces or support holds, while a decisive break back above the 20-day EMA would invalidate the current bearish stance.

  • Q2 2026 operating EPS $1.32 beat estimates; 6–8% EPS CAGR target through 2030.
  • $11 B capex over five years for grid reliability, sustainability upgrades.
  • Negative profitability and growth factors suggest difficulty converting sales into profits.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

DTE Energy (NYSE: DTE) is a leading diversified energy company headquartered in Michigan, primarily engaged in the generation, distribution, and sale of electric and natural gas services to around 3 million customers. DTE Energy is focused on transitioning to cleaner energy while ensuring reliability and affordability, capitalizing on growing demand for data centers. The company is positioned as a key player in the energy transition theme, strategically investing in renewable energy solutions, grid modernization, and large customer contracts with hyperscale data centers like Oracle and Google.

Bull says

  • Q2 2026 operating EPS $1.32 beat estimates; 6–8% EPS CAGR target through 2030.
  • $11 B capex over five years for grid reliability, sustainability upgrades.
  • Oracle and Google deals to generate ~$300 M and ~$1.7 B annual benefits.
  • Proactive regulatory filings and positive stay-out mechanism support pricing.
  • High earnings and dividend yields with low volatility attract income investors.

Bear says

  • Negative profitability and growth factors suggest difficulty converting sales into profits.
  • Leverage above 1.0 raises refinancing and interest-rate pressure concerns.
  • Regulatory delays on data center rates could stall $2 B+ revenue ramp.
  • Data center contracts may account for ~40% of sales, creating concentration risk.
  • Deteriorating analyst sentiment and potential downgrades could pressure the stock.

Investment themes with DTE

High Dividend Yield -0.51%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 07-30-2026bullish

Transcript signals

Bull points

  • Operating earnings for the quarter were $283 million.
  • DTE electric earnings were $318 million for the quarter.
  • Operating earnings were $31 million for the second quarter of 2025, a $17 million increase from 2024, driven by R&G production tax credits and higher custom energy solutions earnings.

Bear points

  • corporate and other was unfavorable by $56 million quarter over quarter, due primarily to the timing of taxes as well as higher interest expense.
Read full transcript analysis ›