Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on CMS Energy (NYSE:CMS) in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 2 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.67, along with a high estimate of $82.00 and a low estimate of $74.00. Observing a downward trend, the current average is 2.18% lower than the prior average price target of $79.40.

The perception of CMS Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nicholas Campanella | Barclays | Lowers | Overweight | $74.00 | $82.00 |
| Ross Fowler | UBS | Lowers | Neutral | $77.00 | $81.00 |
| Jeremy Tonet | JP Morgan | Lowers | Overweight | $80.00 | $85.00 |
| Shahriar Pourreza | Wells Fargo | Announces | Equal-Weight | $77.00 | - |
| Stephen Byrd | Morgan Stanley | Raises | Equal-Weight | $76.00 | $71.00 |
| Nicholas Campanella | Barclays | Raises | Overweight | $82.00 | $78.00 |
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of CMS Energy's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on CMS Energy analyst ratings.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: CMS Energy's remarkable performance in 3M is evident. As of 30 September, 2025, the company achieved an impressive revenue growth rate of 15.95%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Utilities sector.
Net Margin: CMS Energy's net margin excels beyond industry benchmarks, reaching 13.61%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): CMS Energy's ROE excels beyond industry benchmarks, reaching 3.27%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): CMS Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 0.73%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: CMS Energy's debt-to-equity ratio is below the industry average. With a ratio of 2.09, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.