60/100BEnergy Transfer LP stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Energy Transfer LP is 25.50, 31.3% above the current price of 19.42. Their targets range from 25.00 to 26.00.
Of the 10 firms that rated Energy Transfer LP in the past 12 months, 9 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 25.00 to 26.00, with an average of 25.50.
| Buy | 9 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 26.00 |
| Average target | 25.50 |
| Lowest target | 25.00 |
| Current price | 19.42 |
Energy Transfer LP price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Energy Transfer LP price target and rating?
How analysts rate Energy Transfer LP, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
9 of 10 firms rate it buy now, against 9 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Energy Transfer LP analyst upgrades, downgrades and price targets
The latest rating change came on 18 December 2025, when Morgan Stanley downgraded Energy Transfer LP from Overweight to Equal Weight. Its price target is 19.00. The most recent new target came from Jefferies on 4 November 2026: 25.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 4 Nov 2026 | Jefferies Julien Dumoulin-Smith | — | 23.00 → 25.00 | +8.7% | 20.25 |
| 13 Oct 2026 | Mizuho Securities Gabriel Moreen | — | 26.00 | — | 20.72 |
| 22 Sept 2026 | Capital One Financial | — | 26.00 | — | 20.84 |
| 22 Sept 2026 | Melius Research James West | — | 25.00 | — | 20.90 |
| 26 May 2026 | Jefferies | — | 17.00 → 23.00 | +35.3% | 19.72 |
| 18 Dec 2025 | Morgan Stanley | Downgraded · Overweight → Equal Weight | 19.00 | — | 16.39 |
Energy Transfer LP EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Energy Transfer LP's EPS to grow 10.2% a year until 2028.
Analysts expect Energy Transfer LP's revenue to grow 14.2% a year until 2028. Over the last 5 years it grew 17.0% a year, and over the last 3 years it fell 1.6%.
Revenue
EPS
Does Energy Transfer LP beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 14.9% off the result, either way, and their revenue estimate 7.6%, over the last 12 quarters.
- EPS beats
- 27 / 82
- Revenue beats
- 25 / 82
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- -2.3%
- Since
- April 2006
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 4 Aug 2026 | 0.38 | 0.59 | +55.4% | 27.71B | 34.33B | +23.9% |
| Q1 FY2026 | 5 May 2026 | 0.40 | 0.35 | -12.5% | 25.58B | 27.77B | +8.6% |
| Q4 FY2025 | 17 Feb 2026 | 0.37 | 0.25 | -32.9% | 24.01B | 25.32B | +5.4% |
| Q3 FY2025 | 5 Nov 2025 | 0.33 | 0.28 | -16.0% | 21.92B | 19.95B | -9.0% |
| Q2 FY2025 | 6 Aug 2025 | 0.33 | 0.32 | -2.7% | 22.53B | 19.24B | -14.6% |
| Q1 FY2025 | 6 May 2025 | 0.36 | 0.36 | +0.4% | 21.54B | 21.02B | -2.4% |
| Q4 FY2024 | 11 Feb 2025 | 0.35 | 0.29 | -17.1% | 21.41B | 19.54B | -8.7% |
| Q3 FY2024 | 6 Nov 2024 | 0.34 | 0.32 | -5.9% | 21.59B | 20.77B | -3.8% |
| Q2 FY2024 | 7 Aug 2024 | 0.35 | 0.35 | +0.5% | 22.01B | 20.73B | -5.8% |
| Q1 FY2024 | 8 May 2024 | 0.38 | 0.32 | -15.8% | 20.91B | 21.63B | +3.4% |
| Q4 FY2023 | 14 Feb 2024 | 0.35 | 0.37 | +5.7% | 21.46B | 20.53B | -4.3% |
| Q3 FY2023 | 1 Nov 2023 | 0.29 | 0.33 | +13.8% | 20.92B | 20.74B | -0.9% |
Energy Transfer LP stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Energy Transfer LP's earnings keep growing at the 14.3% a year analysts expect to FY2028, it would earn about 2.36 a share in FY2030. At the P/E it has traded at over the last five years (4.4 to 15.2) that is 10.26 to 35.78 a share, or 25.20 at its average P/E of 10.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 1.73 | 7.55 | 18.54 | 26.31 |
| FY2027 | 1.73 | 7.52 | 18.48 | 26.24 |
| FY2028 | 1.80 | 7.86 | 19.30 | 27.41 |
| FY2029 (extrapolated) | 2.06 | 8.98 | 22.06 | 31.31 |
| FY2030 (extrapolated) | 2.36 | 10.26 | 25.20 | 35.78 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 14.3% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (4.4, 10.7, 15.2).
Is Energy Transfer LP stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Energy Transfer LP's P/E of 11.5 is below the middle of its 5-year range (4.5 to 15.7, median 13.0). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. At its usual P/E (13.0 × EPS of 1.69), Energy Transfer LP's fair value is 21.99; the price, 19.42, is 11.7% below it. Its forward P/E, on the consensus for FY2026, is 11.2.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (4.5 and 15.7). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 11.49
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 13.01
- Five-year P/E range
- 4.5 – 15.7
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 11.21
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.81
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +31.3%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.