CMS Energy Corporation (CMS) Stock Forecast
CMS analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.73 / 5 from 15 analysts
- Price target
- $76.08 average of analyst targets
- Upside to target
- +10.7% from the latest close
- Next earnings
- October 27, 2026 EPS estimate $1.21
- 52-week range
- $62.60 – $79.94
CMS analyst ratings
15 analystsNumber of analysts at each rating.
CMS price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CMS earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.27 | $1.04 | $1.43 | $0.93 | +37.0% | 10 |
| Current fiscal year (2026) | $3.87 | $3.85 | $3.91 | $3.61 | +7.3% | 14 |
| Next fiscal year (2027) | $4.15 | $4.12 | $4.19 | $3.87 | +7.2% | 15 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CMS revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $2.17B | $2.11B | $2.24B | +7.2% | 5 |
| Current fiscal year (2026) | $8.96B | $8.48B | $9.39B | +5.0% | 10 |
| Next fiscal year (2027) | $9.39B | $8.91B | $9.84B | +4.7% | 10 |
CMS EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CMS revenue: reported and forecast
CMS EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.09 | $1.14 | $1.12 | $1.16 | $1.27 | +17.0% | 1 up · 0 down |
| Current fiscal year (2026) | $3.88 | $3.87 | $3.87 | $3.87 | $3.87 | −0.2% | 1 up · 0 down |
| Next fiscal year (2027) | $4.17 | $4.16 | $4.16 | $4.16 | $4.15 | −0.4% | 0 up · 3 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CMS earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CMS beat in 12 of 12.
What analysts expect from CMS
15 analysts cover CMS Energy; their consensus rating is buy (3.73 on a 1–5 scale, where 5 is a strong buy). The average price target is $76.08, 10.7% above the latest close of $68.70. Analysts expect earnings of $3.87 per share for 2026, +7.3% from a year earlier. For 2027 the average estimate is $4.15 per share on revenue of $9.4 billion. CMS Energy beat the EPS estimate in 12 of the last 12 quarters.
Related: CMS income statement, CMS key metrics, CMS chart. See the CMS stock overview for the latest quote and news.
CMS forecast FAQ
What is CMS Energy's price target?
The average analyst price target for CMS Energy is $76.08, 10.7% above the latest close of $68.70.
Is CMS Energy a buy, hold or sell?
Of 15 analysts covering CMS Energy, 4 rate it a strong buy, 3 a buy, 8 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is CMS Energy's EPS forecast?
Analysts forecast $3.87 per share for 2026 (range $3.85 to $3.91); for 2027 the estimate is $4.15.
What is CMS Energy's revenue forecast?
The average revenue estimate for 2026 is $9.0 billion, growth of 5.0%; for 2027 it is $9.4 billion.
When does CMS Energy report earnings?
CMS Energy is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 before the market opens; the EPS estimate is $1.21.
Does CMS Energy usually beat earnings estimates?
CMS Energy reported EPS at or above the analyst estimate in 12 of the last 12 quarters.
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