Duke Energy, US26441C2044

Duke Energy stock: HSBC sets USD 123.00 target for Duke Energy stock

Published on 10/23/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 7.59 billion. Duke Energy stock costs EUR 111.20 on October 23, 2026, down 0.80 percent on NYSE.

HSBC coverage and upcoming results

HSBC initiated coverage with a USD 123.00 target and a Hold rating on October 22, 2026.
Duke Energy reported USD 7.59 billion in second-quarter 2026 revenue, up 1.10 percent year over year.
Duke Energy stock costs EUR 111.20 at Lang & Schwarz on October 23, 2026 at 4:05 p.m. CEST, down 0.80 percent on the NYSE.

Duke Energy, US26441C2044, Illustration mit AI erstellt.

Duke Energy (ISIN US26441C2044) received a USD 123.00 price target when HSBC initiated coverage with a Hold rating on October 22, 2026, according to MarketBeat. At Lang & Schwarz, the stock was trading at EUR 111.20 on October 23, 2026 at 4:05 p.m. CEST.

HSBC sets a measured valuation

The new target sits below the NYSE quote of USD 124.40 at 10:14 a.m. ET on October 23, 2026. The same session price was down 0.80 percent from USD 125.40, placing the analyst view below the latest US market quote.

MarketBeat also reported that HSBC expects Duke Energy's rate base to grow 10.00 percent annually from 2026 through 2030 and 7.00 percent annually from 2030 through 2035. HSBC projected annual earnings per share growth of 7.00 percent across both periods, below the peer average, according to the same October 22, 2026 report.

What does the latest quarter add?

Duke Energy reported USD 7.59 billion in revenue for the second quarter of 2026, up 1.10 percent from the same period a year earlier, according to MarketBeat. Adjusted earnings per share were USD 1.43, exceeding the USD 1.30 consensus estimate by USD 0.13. Revenue was below the USD 7.66 billion estimate.

Range and valuation

The stock's 52-week range is USD 112.40 to USD 134.49 as of October 23, 2026. Its latest US market capitalization was USD 97.0 billion, with a price-to-earnings ratio of 18.68, a dividend yield of 3.00 percent and volume of 393,884 shares.

Duke Energy will publish third-quarter 2026 results at 7:00 a.m. ET on November 5, 2026, followed by an analyst conference call at 10:00 a.m. ET, according to the company's Duke Energy release dated October 6, 2026.

Stock position before results

The combination of a Hold rating, a USD 123.00 target and a November 5 reporting date gives investors three concrete reference points. The recent quarter delivered revenue growth, while the forecast rate-base expansion remains the central operating assumption behind the HSBC view.

Duke Energy was trading at EUR 111.20 at Lang & Schwarz on October 23, 2026 at 4:05 p.m. CEST, while its NYSE quote stood at USD 124.40 on October 23, 2026 at 10:14 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Duke Energy stock.