Morgan Stanley raises target for Duke Energy stock to USD 128
Published on 10/22/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget revision and earnings date
- Morgan Stanley raised its Duke Energy target to USD 128 on October 21, 2026.
- Second-quarter revenue reached USD 7.59 billion, up from USD 7.51 billion a year earlier.
- Duke Energy stock traded at EUR 107.65 at 11:08 a.m. CEST at Lang & Schwarz on October 22, 2026.
Duke Energy (ISIN US26441C2044) was trading at EUR 107.65 at Lang & Schwarz on October 22, 2026, at 11:08 a.m. CEST. Markets Insider reported on October 21, 2026, that Morgan Stanley raised its price target from USD 127 to USD 128 while maintaining an Equal Weight rating.
Three recent steps
Duke Energy reached a data-center protection agreement on October 7, 2026, covering large-load customers of 50 megawatts or more and promising billions in long-term customer benefits, according to Duke Energy. On October 20, 2026, BTIG cut its target from USD 141 to USD 135 while retaining a Buy rating, as Markets Insider reported. Morgan Stanley's October 21, 2026, revision to USD 128 was the latest of the three dated steps.
What does the target mean?
The latest reported quarter ended June 30, 2026. Duke Energy generated USD 7.59 billion in revenue, compared with USD 7.51 billion a year earlier, a year-over-year increase of 1.10 percent, according to Markets Insider. That comparison gives the target revision a measured operating backdrop rather than a high-growth profile. The company serves 8.7 million electric customers and has 55,700 megawatts of electric capacity, according to its October 6, 2026, release.
Upcoming dates
Duke Energy will publish third-quarter 2026 results on November 5, 2026, at 7:00 a.m. ET, followed by an analyst call at 10:00 a.m. ET, according to Duke Energy. A North Carolina Utilities Commission decision on the data-center agreement is expected by mid-November 2026, also according to the company.
Stock price and valuation
The US-listed utility had a market capitalization of USD 94.1 billion as of October 21, 2026. Its primary listing is on the New York Stock Exchange under ticker DUK, with a 52-week range of USD 112.40 to USD 134.49 as of the same date. The next earnings release is the nearer catalyst for testing whether the modest revenue increase can support the current analyst debate.
The further course of trading is shown by the continuously updated real-time quote of Duke Energy stock.
Duke Energy stock facts
- Company: Duke Energy Corporation
- ISIN: US26441C2044
- Ticker: DUK
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 22, 2026, 11:08 a.m. CEST): EUR 107.65
- Market capitalization: USD 94.1 billion (as of October 21, 2026)
- 52-week range: USD 112.40-USD 134.49 (as of October 21, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
