Dominion Energy

D · NYSE

$62.84+$0.63 (+1.01%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $62.21

D analyst rating

HoldConsensus of 14 analysts over the last 12 months. 29% rate it a buy.

Strong buy0
Buy4
Hold9
Underperform1
Sell0

12-month price target · 17 analysts

Average $72.60 (+15.5% upside)

Low: $63.63
Now: $62.84
High: $91.35

Upgrades and downgrades

The latest rating actions, newest first

D analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Mizuho	Oct 20, 2026	Maintains	Neutral	$72.00 → $67.00	57%
Barclays	Oct 19, 2026	Maintains	Overweight	$69.00 → $65.00	51%
Truist Securities	Oct 12, 2026	Maintains	Hold	$66.00 → $62.00	42%
Morgan Stanley	Sep 18, 2026	Maintains	Equal-Weight	$68.00 → $66.00	58%
Morgan Stanley	Aug 21, 2026	Maintains	Equal-Weight	$71.00 → $68.00	58%
TD Cowen	Aug 19, 2026	Upgrade	Hold → Buy	$69.00 → $80.00	58%
Evercore ISI Group	Aug 17, 2026	Maintains	In-Line	$67.00 → $70.00	17%
Truist Securities	Aug 13, 2026	Maintains	Hold	$68.00 → $66.00	42%
BMO Capital	Jul 22, 2026	Maintains	Market Perform	$64.00 → $70.00	59%
Barclays	Jun 23, 2026	Maintains	Overweight	$70.00 → $69.00	51%

The case for and against

Updated Oct 16, 2026

Bull case

Dominion Energy is positioned favorably by its scale and regulated asset base, with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines providing stable earnings visibility. Its construction of a rate-regulated 5.2 GW offshore wind farm off the Virginia Beach coast adds a large, long-duration growth driver that should support future rate base expansion and cleaner-generation demand. The company’s positive outlook is reinforced by strengthening operating trends, including improving occupancy and NOI in the excerpted analysis, plus a 2026 FFOPU guidance increase to $2.35-$2.40 and leverage improving to 11.5x net debt/EBITDA.

Bear case

Dominion Energy is weighed down by weak fundamental valuation trends, including NAVPU slipping to $49.23 and an $8 million fair value loss tied to maintenance capex write-offs, while its 6.29% IFRS cap rate remains below the 7.1% NAV cap rate and 7.5% implied cap. Its leverage is still elevated despite modest improvement, with net debt/GBV at 54.2% and Debt/EBITDA at 11.5x, and liquidity of $178 million plus limited 2026 and 2027 maturities does little to offset the balance sheet strain. Operationally, the outlook is pressured by fragile Virginia regulatory relationships, uncertainty around the offshore wind project, and a dividend that appears 15% to 20% too high, increasing the risk of a future cut.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.