
Kinder Morgan (KMI) Stock Forecast & Price Target
Kinder Morgan (KMI) Analyst Ratings
Bulls say
Kinder Morgan is a well-diversified company with a strong focus on sustainability and reducing emissions. They have a strong balance sheet and a well-positioned asset footprint, which can benefit from the expected increase in demand for natural gas in the US. While the stock is fairly valued at the moment, the long-term outlook is positive due to the company's organic growth project backlog and its involvement in energy transition projects. There are risks to consider, such as commodity prices and legislative changes, but our SOTP valuation implies an overall EV/EBITDA of ~10.5x applied to our 2030E Adjusted EBITDA.
Bears say
Kinder Morgan is facing potential political risks around data centers and the Jones Act, which may negatively affect its operations and earnings. With a weaker price environment and potential project delays and overbudgets, their downside scenario reveals a possible blended EV/EBITDA multiple of ~11x applied to their 2027 EBITDA. Although Kinder Morgan has projects in renewable energy, they face stiff competition from other major players in the industry such as ONEOK, Energy Transfer LP, and Chord Energy Corp.
This aggregate rating is based on analysts' research of Kinder Morgan and is not a guaranteed prediction by Public.com or investment advice.
Kinder Morgan (KMI) Analyst Forecast & Price Prediction
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