
Dominion Energy (D) Stock Forecast & Price Target
Dominion Energy (D) Analyst Ratings
Bulls say
Dominion Energy is projected to improve its funds from operations to debt (FFO/debt) ratio to 16.0%, surpassing the critical 13% downgrade threshold by year-end, reflecting enhanced financial stability. The company's management identified strong demand growth and supportive state policies, forecasting an overall rate base growth of approximately 9% across its segments, signaling robust future revenue potential. Additionally, strategic considerations regarding the sale of non-controlling interests and an emphasis on retaining valuable nuclear assets highlight Dominion's focus on maximizing asset value and financial performance.
Bears say
Dominion Energy's outlook is negatively impacted by several fundamental factors, including weaker-than-anticipated customer growth across utility jurisdictions and a decrease in revenue of approximately $350 million due to the elimination of VEPCO riders. The company has incurred an additional $3 billion in debt while simultaneously experiencing a decline in earnings expectations, with revised estimates for 2023-2027 indicating a significant drop from previous projections. Furthermore, credit metrics have deteriorated below the 13% threshold, suggesting potential challenges in maintaining financial stability amid changing regulatory conditions and less favorable pricing scenarios.
This aggregate rating is based on analysts' research of Dominion Energy and is not a guaranteed prediction by Public.com or investment advice.
Dominion Energy (D) Analyst Forecast & Price Prediction
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