Reading DUK? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track DUK free→
Duke Energy (DUK)
NYSEUtilitiesUtilities - Regulated ElectricSnapshot 2026-06-16
Intact
$126.05+0.61%
Close 2026-06-16 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but earnings quality and management's track record are neutral. Risk is low, while the sector backdrop is a headwind, indicating challenges in the broader market. Peer multiples imply a price about 6% above where it trades (it looks cheap on this basis); the read is fair. The outlook hinges on whether DUK cuts guidance on the next call, as that could negatively impact estimates and the stock. This read is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Market cap
- $97.43B
- Employees
- 26,441
- IPO date
- 1991-06-26
- Next earnings
- 2026-08-04
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $126.05. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfair
$134.35consensus
Range $131.09 – $136.19
vs price: -6% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearfair
$161.20consensus
Range $153.38 – $164.85
vs price: -22% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peershigh confidence
At $125 DUK trades at 19× p/e, below its 21× p/e peer median. Our $135 fair value sits above the price; high confidence. Analysts: $132–$142. Not investment advice.
Multiple (P/E)
19.3x
peer 20.5x · own history 19.0x
Premium
0.9x peer
1.0x its own history
Growth the price needs
-7%
our forecast 12%
Our fair value
$134.84
range $129.82 – $136.63
Analyst range(a guide on our number, not a target)Our number is in the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fairfair12-month view
What's priced inJustified
The price implies about 7% below a flat-multiple fair value, below our forecast of about 12%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated strong grew net income 61% of the time over the next year (vs 55% for the rest of the cohort, n=906).
76th pctl · Utilities
Earnings quality
neutralOver the trailing year it converted 2.27x of net income into operating cash flow. Historically, Utilities names rated neutral grew net income 57% of the time over the next year (vs 57% for the rest of the cohort, n=1075).
62nd pctl · Utilities
Macro sensitivity
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
- real (inflation-adjusted) rates: This stock behaves like a long-duration asset — tends to fall when real rates rise.
- long-term interest rates: This stock tends to fall when long-term rates rise.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity.
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Neutral14 analysts, 46% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $1.25 → $1.25 (+0.0% / 30d). 1 raised, 3 cut, 14 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 1 maintained. 46% of analysts rate Buy.
Price target activity
2 PT revisions / 30d. Avg target 11.0% above current price.
Sector context
Intermediate · WeeklySector phase: utilities is in maturing, with stable trajectory (~3.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: by revenue growth.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- neutral
- Earnings discipline
- strong
- Margin discipline
- strong
- Balance sheet
- neutral
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$72.
How much price usually moves either way.
On a bad day, this stock has moved -$149.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,088.
Deepest peak-to-trough drop in the last year.
lowas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
As of June 16, 2026, the signal label changed to mixed, indicating a shift in overall sentiment. The sector backdrop fell, suggesting a more challenging environment for the company. Risk remained low, indicating stability in the stock's risk profile.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceMonthsactive 22d
Watch for Q2 adjusted EPS guidance reaffirmation
Why it matters: Reaffirming guidance shows confidence in meeting growth targets. It signals stability in earnings.
What confirms / what disproves
Confirms:Management reaffirms the 2026 adjusted EPS guidance of $6.55 to $6.80.
Disproves:Management cuts the 2026 adjusted EPS guidance to below $6.55.
Earnings call
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
- 2026-06-161d agoYahoo
Threatens: Maintain affordable energy rates
Regulatory scrutiny could impact cost objectives and rates.
ChallengesUnconfirmed report
This sector is also watching
- Watch for faster revenue growth in the Utilities sector.
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for DUK and other Utilities names, since rate-sensitive parts of the market tend to rally when the Fed eases.
- If sector bellwethers like NEE, SO, and AEP keep beating earnings and guiding higher, the Utilities sector momentum should keep lifting DUK and other Utilities names. Worth watching these names for early signals.
- If DUK raises forward guidance on the next earnings call (currently REAFFIRMED as of 2026-05-05), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If DUK cuts guidance on the next call (currently REAFFIRMED as of 2026-05-05), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like NEE, SO, and AEP start missing or guiding lower, the Utilities tailwind helping DUK and other Utilities names could fade. Watch these names for early warning.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-051mo agoItem 2.02
. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. DUKE ENERGY CORPORATION /s/ ABIGAIL L. MOTSINGER Abigail L. Motsinger Senior Vice President, Chief Accounting Officer and Controller Dated: May 5, 2026
Earnings preannouncementneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+0.9 vs last weeklatest as of 2026-06-17
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.