DTE Energy Company
DTE - NYSE - $140.60 ▼ -%0.99
-
Earnings Tue 4 Aug

DTE opens the
books on Tuesday evening.

10 analysts' median target is $159[FMP target], stock is $141, +12.7% upside potential. After Q1 +-1.5% EPS beat[FMP earnings], the stock moved -1.9%.

↓ summary below
Quick Take - in 40 seconds
C+
HOLD Council 2/6 - Moonshot 43

C+ = MoonshotScore 43[9-pillar formula] + Council 2/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].

Q1 consensus: revenue $3.6B[FMP est], EPS $1.53[FMP est]. 0 consecutive quarters of beat[FMP earnings].

Detailed analysis below ↓
$1.53 EPS Estimate Last year $1.95 - +12% YoY YoY
0 Beat Streak Expectations beaten consecutively for the last 0 quarters

Q1 EPS +-1.5% beat[FMP] but the stock -1.9% D+1[FMP D+1]. David Ruud promised $1.2B CapEx + a sequential decline in Q1 during the Q1 earnings call[David Ruud capex transcript].

Watchlist

4 metrics stand out this quarter.

6% Expectation / Guide

2026 Eps Guidance

2026_eps_guidance

DTE is confident it can deliver at the higher end of its 6% to 8% range in operating EPS growth for 2026.

"Our 2026 guidance reflects operating EPS growth of 6% to 8% over our 2025 guidance midpoint and RNG tax credits give us confidence that we can deliver at the higher end of that range."

- David Ruud, CFO - Q1 FY26 Earnings Call - April 30, 2026
68% Expectation / Guide

Eps Growth Guidance

eps_growth_guidance

DTE is confident in its long-term operating EPS growth rate target of 6% to 8% through 2030.

"We are confident in our long-term operating EPS growth rate target of 68% through 2030."

- Joi Harris, President and CEO - Q1 FY26 Earnings Call - April 30, 2026
$500 million Investor Focus

Equity Issuance Plan

equity_issuance_plan

DTE plans to issue $500 million to $600 million of equity annually from 2026 through 2028 to support its balance sheet.

"We are still targeting annual equity issuances of $500 million to $600 million in 2026 through 2028 with similar levels through 2030."

- David Ruud, CFO - Q1 FY26 Earnings Call - April 30, 2026
2023 Investor Focus

Reliability Improvements

reliability_improvements

DTE achieved a 90% improvement in outage duration from 2023 to 2025 through strategic infrastructure investments and process improvements.

"From 2023 to 2025, we achieved a 90% improvement in outage duration, reflecting both stronger system performance and faster restoration."

- Joi Harris, President and CEO - Q1 FY26 Earnings Call - April 30, 2026

Stock Expert AI - Methodology

Do our 9 pillars, 7 perspectives, and Munger lens point in the same direction?

MoonshotScore 43 / 100

9-pillar methodology. Revenue Growth strong. Gross Margin weak.

How is it calculated? ->
Revenue Growth10.0Q1 vs Q2: fast growth (+50.4%)
Gross Margin3.0Q1: average margin (34.6%)
Operating Leverage1.0op margin average (8.0%)
Cash Runway3.0FCF negative ($-0.3B, external financing needed)
R&D Intensity3.0low R&D investment (0.0%, weak innovation)
Price Momentum4.0RSI 37.2 weak momentum, 50d below
News Sentiment6.0majority buy (61%)
Council Score 2 / 6 Bullish

6 investor frameworks. 2 bullish (Ray Dalio, Buffett), 1 bearish (Ken Griffin), 3 neutral (Jim Simons, Klarman, Munger).

How is it calculated? ->
Ray Dalio macro - target upside +12.7%
Ken Griffin flow - 50d MA below
Jim Simons quant - RSI 37
Klarman value - target upside +12.7%
Buffett quality - ROE score 4/5
Munger valuation - target upside +12.7%
Munger's Mindset character & balance sheet lens
Fairly Valued

Quality business, trading at fair value.

How is it calculated? ->
Financial HealthWeak
Margin of SafetyModerate
Interest CoverageAdequate
ROIC vs WACCHealthy
Technical Levels - Pre-earnings positioning

What levels is the stock being tested at?

RSI(14)
37.2 RSI 37.2 weak momentum, 50d below
MACD
-4.20 price below 50d - resistance dominant
50d MA
$147 stock 4.2% below - short-term resistance
200d MA
$139 stock 1.0% above - long-term support
Volume (10d)
-14% decrease - low participation
Resistance
$159
Analyst median target - upgrade trigger if broken
Current
$141
Pre-earnings position
Support
$118
Invalidation - close below this is a technical breakdown
Pattern
Range
$118-$159 band - earnings breakout/breakdown trigger

Past Performance

DTE's last 8 quarters: 0 consecutive beats.

MISS
Q2 FY25
$1.36 vs $1.40 est - -1.3%
BEAT
Q3 FY25
$2.25 vs $2.11 est - -1.8%
BEAT
Q4 FY25
$1.65 vs $1.54 est - -1.4%
MISS
Q1 FY26
$1.95 vs $1.98 est - -1.9%

Q1 (April 30, 2026): EPS $1.95 vs $1.98 est[FMP], +-1.5% beat. D+1 movement: -1.9%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.

Three scenarios: what could happen?

EPS < $1.48 (no guidance)

Q1: EPS $1.95 vs $1.98 beat[FMP], stock -1.9% D+1[FMP].

Backlog concentration

No RPO/backlog concentration disclosed in Q1 earnings call.

CapEx shock

Q1 CapEx $1.2B[FMP cashflow]. Q1 op margin 8.0%[FMP op margin] - this level in Q1 is sensitive to CapEx revision risk.

Framework - Position discipline

After the data arrives: 3 scenarios, 3 windows

Not advice - a structural framework for earnings night. Decision discipline is yours.

Scenario A - Beat
Q1 EPS > $1.53 + CapEx discipline
Threshold: EPS > $1.53[FMP est].
Target: Break above median target $159[FMP target]; high target $170[FMP] upper bound.
Scenario B - In-Line
EPS approx $1.53 + CapEx < $1.2B
Threshold: EPS approx $1.53[FMP est], Q1 CapEx < $1.2B[FMP].
Target: Consolidation in the band between current $141[FMP] and median $159[FMP].
Scenario C - Miss
EPS < $1.48 or CapEx >= $1.2B
Threshold: EPS < $1.48[FMP estx0.97].
Target: Current $141 below SMA200 $139[FMP], if rejection continues, $118[derived] support activates.
Sizing
Earnings volatility -> max portfolio 1-2%. Waiting for earnings is not a gamble, it's a position entrustment.
Timing
IV crush within 24 hours post-earnings. Waiting for premium decay makes options preferable to spot.
Staging
Don't go all-in at once, divide into 3: initial reaction, 24 hours later, after Friday's close.

Market Outlook

What do 10 analysts say?

Wall Street Consensus
$159
12-month median target price (+12.7% upside potential)
11
BUY
7
HOLD
0
SELL
Risk Management
$118
Invalidation level - critical support threshold
$147 - 50-day MA (below, -4.2%)
$139 - 200-day MA (above, +1.0%)
IV Crush risk (sudden drop in inflated option premiums before earnings): Option premiums are inflated before earnings.
Verdict - DTE Q1 FY27
C+

You read it in 5 minutes. When the numbers come out on Tuesday evening - you know what you're looking at.

Data arrives at night. The framework is ready now.

Data arrives on Tuesday evening. The framework is ready on this page: Q1 EPS threshold $1.53[FMP], CapEx threshold "below $1.2B"[David Ruud]. Two anchors, three scenarios.

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Try Pro free for 14 days DTE dossier ->

Educational tool, not investment advice. Past performance does not guarantee future results.

Calendar

Catalyst Calendar - 90-day forward look

Aug 4, 2026EARNINGSQ1 FY27 results (after market close) + earnings call
Aug 5, 2026PRICEFirst trading day after earnings - 200dMA test + IV crush
Sep 18, 2026FILING10-Q deadline - segment breakdown + RPO detail (SEC rule: quarter-end + 45 days)
~Nov 4, 2026EARNINGSQ2 FY27 (next quarter, date not yet scheduled in FMP)

DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.

Frequently Asked Questions

What does the DTE earnings preview cover?

This DTE (DTE) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.

What should investors watch for in DTE earnings?

Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.