Quick Read – DTE Energy (DTE) secured a 1.4 GW Oracle data center agreement in Saline Township, is advancing a 1 GW Google project through approval, and has roughly 5 GW of additional hyperscale load in late-stage negotiations, positioning the company for 6% to 8% operating EPS…
owth through 2030 with potential CAGR above 8% from 2027 to 2030. – Hyperscale data center demand is reshaping DTE’s long-term earnings trajectory through a $36.5 billion five-year capital plan increase of $6 billion, with management announcing a two-year moratorium on rate hike requests to neutralize political risk ahead of a September 2026 MPSC rate case. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and DTE Energy wasn’t one of them. Get them here FREE
Our DTE Energy (NYSE:DTE) call is constructive heading into the back half of 2026. The Detroit-based utility is in the middle of a generational capital cycle, with hyperscale data center demand reshaping the long-term earnings trajectory. The 24/7 Wall St. price target for DTE Energy is $157.53, implying 11.44% upside from $141.35.
We rate shares a buy with high (90%) confidence. A Data Center Story Wrapped in a Regulated Utility DTE has had a constructive 2026, with shares up 10.45% year to date, even after a 3.83% pullback over the past month. The stock trades about 4% below its 52-week high of $153.72 against a low of $125.25.