DUK | 26 May 2024 | AI Stock Analysis & News

Duke Energy to release quarterly earnings, potential impact on stock price.

🔴 -5.0% short-term forecast
🟢 +0.8% long-term forecast

Stock AI’s (DUK) Forecast get (+10.2% Profit)

StockAI’s analysis delivers real-world results. On 10 April 2024, $DUK ($94.9), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $104.6 (🟢10.2%). Buying DUK on this signal yielded a +10.2% profit 💰💰.

DUK-Duke Energy Corporation News

🟢 Duke Energy will post quarterly earnings results before the market opens on May 7th, with analysts expecting earnings of $1.39 per share for the quarter. This news could potentially have a positive impact on the stock price.

🔴 Scotiabank reduced Duke Energy’s price objective from $101.00 to $94.00, with a sector perform rating. This could lead to a decrease in the stock price.

🟢 Duke Energy announced a quarterly dividend, which may attract income investors and support the stock price.

🔴 Duke Energy CEO sold 15,000 shares of the company’s stock, which could signal lack of confidence and impact the stock negatively.

🔴 Seaport Res Ptn lowered their EPS estimates for Duke Energy, suggesting a potential decrease in the stock price.

🟢 BMO Capital Markets raised Duke Energy’s price target from $104.00 to $108.00, with an outperform rating. This positive outlook could boost the stock price.

Duke Energy Corporation stock has been influenced by a mix of positive and negative news recently. The upcoming quarterly earnings report and dividend announcement may provide support for the stock price, while the lowered price target and reduced EPS estimates could lead to a decrease in the price. The CEO’s stock sale may also impact investor sentiment negatively. Overall, investors should weigh these factors carefully when making decisions about Duke Energy stock in the short and long term.

DUK-Duke Energy Corporation Analyst Ratings

📉 Scotiabank reduced their price objective on Duke Energy (NYSE:DUK) from $101.00 to $94.00 and maintained a sector perform rating on the stock.

📈 BMO Capital Markets raised their price target on Duke Energy (NYSE:DUK) from $104.00 to $108.00 and have an outperform rating on the stock.

📉 Seaport Res Ptn cut their FY2024 EPS estimates for Duke Energy (NYSE:DUK) in a recent research report.

1. Scotiabank
2. BMO Capital Markets
3. Seaport Res Ptn


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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