NYSE: DTE · Regulated Electric

DTE Energy (DTE) fair value: undervalued or overvalued?

As of 3 Oct 2026, Faircurve's model values DTE Energy (DTE) at $123.21 a share. The stock last closed at $124.45, which puts the model's fair value 1.0% below the price. On the model's bands that reads as Fairly valued.

Revalued . Price is the close of 2 Oct 2026. DTE Energy Company.

Model fair value$123.21midpoint of 2,000 simulations
Last close$124.45NYSE: DTE
Gap to fair value-1.0%fair value against price
Model verdictFairly valuedevidence grade: Medium

Faircurve Insights · 3 Oct 2026

DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services.

Faircurve's model on 3 Oct 2026 found a fair value of $123.21 a share, the midpoint of 2,000 simulations. The previous run, on 26 Sep 2026, gave $121.32, with the fair value moving +1.6%. The calibrated range over 63 trading days is $102.80 to $149.37, built from the fair value, and ranges built this way held the price 60% of the time at this horizon. The evidence grade is Medium.

The overall quality score for DTE Energy Company is 44 out of 100 against comparable companies. The model compares it with FirstEnergy Corp., CenterPoint Energy, Inc., PPL Corporation, Ameren Corporation, PG&E Corporation, and WEC Energy Group, Inc. Moves around the last 8 earnings reports ranged from -2.5% to +3.9%, with a median size of 2.0%.

Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.

What price range does the model give DTE?

The calibrated range for DTE over 63 trading days is $102.80 to $149.37. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The model's own simulated range, from the 20th to the 80th percentile of its runs, is $83.68 to $166.53. In 49% of the simulations the fair value came out above the price the model ran on.

$44.79$236.27
Spread of the 2,000 simulated fair values. Solid line: the midpoint, $123.21. Dashed line: the last close, $124.45.

How does DTE score on business quality?

DTE Energy's overall quality score is 44 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.

FactorScore (0 to 100)Headline measurePeer median
ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend.365.0%ROIC5.3%
Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash).50-1.46xFCF / net income-0.66x
Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions.6526.9%Revenue growth, trailing11.5%
Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks.480.0%Net buybacks / market value0.0%
Balance sheetNet debt to EBITDA and interest coverage.96.51xNet debt / EBITDA5.43x
StabilityDownside volatility of the EBITDA margin over the last five years.434.5 ptsEBITDA margin downside volatility, 5y2.7 pts

How does DTE compare with similar companies?

The companies in regulated electric closest to DTE Energy in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
FE FirstEnergy Corp.$43.34$49.69+14.7%Fairly valued
CNP CenterPoint Energy, Inc.$37.79$34.37-9.1%Fairly valued
PPL PPL Corporation$32.80$34.63+5.6%Fairly valued
ES Eversource Energy$64.50$82.96+28.6%Low evidence grade
AEE Ameren Corporation$99.94$100.86+0.9%Fairly valued
EIX Edison International$53.89$66.41+23.2%Low evidence grade
PCG PG&E Corporation$12.32$15.73+27.7%Undervalued
WEC WEC Energy Group, Inc.$101.59$96.93-4.6%Fairly valued

All regulated electric stocks ranked by gap to fair value

When does DTE report earnings, and how has the stock reacted?

DTE Energy's next earnings report is scheduled for 29 Oct 2026. Companies can move their dates.

How DTE moved around its last 8 earnings reports

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 2.0%.

Report dateTwo session move
28 Jul 2026-2.5%
30 Apr 2026+1.2%
17 Feb 2026-1.6%
30 Oct 2025-2.4%
29 Jul 2025-1.4%
1 May 2025-0.5%
13 Feb 2025+3.9%
24 Oct 2024-2.6%

DTE Energy at a glance

DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services.

Market value
$25.9B
Sector
Utilities
Industry
Regulated Electric
Revenue expected, next twelve months
$16.4B
Consensus revenue growth, next fiscal year
+1.2%
Analysts with estimates
9
Beta to the US market
-0.13
First valued by Faircurve
3 May 2026

How the fair value is worked out: the model prices DTE Energy on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.

What changed in the latest valuation?

On 26 Sep 2026 the model's fair value for DTE was $121.32. As of 3 Oct 2026 it is $123.21, a change of +1.6%. The model revalues every stock it covers each week, and again after an earnings report.

Questions about DTE Energy's valuation

Is DTE Energy stock undervalued or overvalued?

On Faircurve's model, DTE reads as Fairly valued as of 3 Oct 2026. The model's fair value is $123.21 a share against a last close of $124.45, a gap of -1.0%.

What is DTE's fair value?

$123.21 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $83.68 to $166.53.

What price range does the model give DTE?

$102.80 to $149.37 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.

When does DTE Energy report earnings next?

The next report is scheduled for 29 Oct 2026. Companies can move their dates.

How much has DTE moved on past earnings reports?

Across its last 8 reports the median two session move was 2.0%, ignoring direction. The largest was +3.9% around the report of 13 Feb 2025.

How confident is the model in this valuation?

The model's evidence grade for DTE is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.

Keep reading