CMS Energy CorporationCMSNYSE
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Analyst Sentiment

Analysts lean bullish — 63% recommend buying.

Consensus Rating
Buy
16 analysts·Moderate coverage
63%
Rating Distribution
Strong Buy
00%
Buy
1063%
Hold
638%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see modest upside — consensus target 12% higher.

Bear Case
$76.00
+9%
Base Case
$78.20
+12%
Bull Case
$82.00
+17%
Price Range16 analysts
Low
Consensus
High
$76.00
$82.00
Current Target
Current Price
$69.99
Upside to Target
$8.21

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Earnings Surprises

Recent Analyst Actions

Dec 17, 2025UBS
CMS Energy price target lowered to $77 from $81 at UBS
Target:$77.00
+10.1%from $69.91
Oct 27, 2025Wells Fargo
CMS Energy initiated with an Equal Weight at Wells Fargo
Target:$77.00
+3.2%from $74.59
Oct 22, 2025Morgan Stanley
CMS Energy price target raised to $76 from $71 at Morgan Stanley
Target:$76.00
+0.8%from $75.40
Oct 21, 2025Barclays
CMS Energy price target raised to $82 from $78 at Barclays
Target:$82.00
+9.2%from $75.09
Oct 15, 2025KeyBanc
CMS Energy price target raised to $79 from $76 at KeyBanc
Target:$79.00
+6.3%from $74.35
May 22, 2025Morgan Stanley
CMS Energy price target lowered to $71 from $74 at Morgan Stanley
Target:$71.00
+2.4%from $69.36
Apr 25, 2025Scotiabank
CMS Energy price target raised to $81 from $77 at Scotiabank
Target:$81.00
+12.2%from $72.18
Apr 23, 2025Morgan Stanley
CMS Energy price target raised to $74 from $71 at Morgan Stanley
Target:$74.00
+0.7%from $73.50
Apr 21, 2025Jefferies
CMS Energy price target raised to $83 from $77 at Jefferies
Target:$83.00
+15.1%from $72.10
Mar 24, 2025BMO Capital
CMS Energy price target raised to $80 from $73 at BMO Capital
Target:$80.00
+9.4%from $73.14
Nov 4, 2024Jefferies
Jefferies Starts CMS Energy (CMS) at Buy
Target:$76.00
+11.1%from $68.39
Oct 1, 2024Mizuho Securities
CMS Energy price target raised to $76 from $65 at Mizuho
Target:$76.00
+7.6%from $70.63
Sep 16, 2024KeyBanc
CMS Energy price target raised to $73 from $68 at KeyBanc
Target:$73.00
+4.2%from $70.09
Aug 29, 2024Bank of America Securities
CMS Energy price target raised to $73 from $69 at BofA
Target:$73.00
+8.1%from $67.55
Jul 19, 2024BMO Capital
CMS Energy (CMS) PT Lowered to $69 at BMO Capital
Target:$69.00
+12.5%from $61.34
May 28, 2024Morgan Stanley
CMS Energy price target raised to $61 from $57 at Morgan Stanley
Target:$61.00
-1.1%from $61.70
May 20, 2024KeyBanc
CMS Energy (CMS) PT Raised to $68 at KeyBanc
Target:$68.00
+7.5%from $63.24
May 14, 2024BMO Capital
CMS Energy (CMS) PT Raised to $71 at BMO Capital
Target:$71.00
+12.9%from $62.91
Apr 30, 2024Barclays
CMS Energy price target raised to $59 from $57 at Barclays
Target:$59.00
-2.0%from $60.20
Apr 19, 2024KeyBanc
CMS Energy (CMS) PT Raised to $66 at KeyBanc
Target:$66.00
+12.9%from $58.48
Apr 17, 2024BMO Capital
CMS Energy (CMS) PT Raised to $64 at BMO Capital
Target:$64.00
+12.5%from $56.89
Apr 4, 2024UBS
CMS Energy downgraded to Neutral from Buy at UBS
Target:$65.00
+9.6%from $59.32
Feb 2, 2024Guggenheim
Guggenheim Upgrades CMS Energy (CMS) to Buy 'on Earnings Power Rebase and No Shortage of Capital Upsides'
Target:$64.00
+10.8%from $57.77
Jan 16, 2024Wolfe Research
Wolfe Research Upgrades CMS Energy (CMS) to Outperform, 'Legislation level up'
Target:$62.00
+6.8%from $58.07
Oct 5, 2023Loop Capital Markets
11 Utility Stocks Get New Ratings, Forecasts After Recent Volatility: 'Higher Quality ... Low Valuation'
Target:$57.00
+9.3%from $52.14