Duke Energy Corporation is a highly renowned energy company headquartered in Charlotte, North Carolina, founded in the year 1904. With a rich history dating back to the early 20th century, the company has evolved into a Fortune 150 entity. Duke Energy’s diverse portfolio includes electric utilities, natural gas distribution companies, and renewable energy ventures, positioning the company as a leader in the energy sector.
Since 1990, Duke Energy (DUK) has executed four stock splits: 2:1 in 1990, 2:1 in 2001, 10000:5811 in 2007, and 1:3 in 2012. One share from before 1990 equals 2.294 shares today.
Key Takeaways:
- DUK’s investment in battery storage and renewable energy could drive 13.8% CAGR through 2050.
- Grid modernization and EV infrastructure investments support price growth from $135 to $3,100.
- Strategic expansion in energy efficiency and microgrid solutions strengthens long-term market position.
Duke Energy Corporation Company Profile
| Country | United States |
| Ticker Symbol | DUK |
| Exchange | NYSE |
| Founded | 1904 |
| IPO Date | 1983 |
| Industry | Utilities – Regulated Electric |
| Sector | Utilities |
| Employees | 27,037 |
| CEO | Lynn Good |
| Website | duke-energy |
DUK Fundamental & Technical Data
Fundamental Data: (Data Source: marketwatch.com)
| Metric | Value |
|---|---|
| 52 Week Range | 90.09 – 121.25 |
| Market Cap | $88.84B |
| Shares Outstanding | 772.48M |
| Public Float | 771.26M |
| Beta | 0.64 |
| P/E Ratio | 20.70 |
| EPS | $5.56 |
| Yield | 3.63% |
| Dividend | $1.04 |
| Ex-Dividend Date | Nov 15, 2024 |
| Short Interest | 9.46M (10/31/24) |
| % of Float Shorted | 1.23% |
| Average Volume | 3.36M |
Technical Data: (Data Source: stockanalysis.com)
| Metric | Value |
|---|---|
| Beta (5Y) | 0.46 |
| 52-Week Price Change | +26.74% |
| 50-Day Moving Average | 115.08 |
| 200-Day Moving Average | 105.52 |
| Relative Strength Index (RSI) | 53.63 |
| Average Volume (20 Days) | 3,453,999 |
Fundamentals: The stock shows solid fundamentals with a moderate P/E of 20.70, healthy EPS of $5.56, and attractive dividend yield of 3.63%. Market cap indicates a large-cap company.
Technical Analysis: Stock is trading above both 50-day (115.08) and 200-day (105.52) moving averages, indicating an upward trend. RSI at 53.63 suggests neutral momentum without overbought conditions.
Market Sentiment: Low short interest (1.23% of float) and moderate beta (0.64) suggest relatively low risk. The 26.74% price increase over 52 weeks indicates strong positive investor sentiment.
DUK Stock Price Prediction Tomorrow
The stock shows a bullish momentum with recent price action forming higher lows. The current price at $115.00 has found support at the $114 level. Volume indicators suggest moderate buying interest. The short-term trend appears positive with potential resistance at $116. Given the current pattern, DUK could test $115.50-$116.00 tomorrow, though market sentiment and broader utilities sector movement will play crucial roles.
DUK Stock Price Prediction Next Week
Looking at the weekly timeframe, DUK shows a consolidation pattern between $110-$120. The stock has bounced from its recent low around $110, suggesting a potential upward trend continuation. Technical indicators point to a cautiously bullish outlook. Key resistance levels lie at $116 and $118. Support remains strong at $113-$114. Given the upcoming winter season, which typically benefits utility stocks, DUK could gradually climb toward $117-$118 range next week, barring any significant market disruptions or negative sector news.
Where Will DUK Stock Be In 1, 3, 5, 7 and 10 years?
The analysis suggests DUK stock has strong growth potential over the next decade. In one year, the stock is expected to trade between $120 and $135, with an average price of $124. By year three, projections show a range of $138 to $158, averaging $145. The five-year outlook indicates prices between $168 and $188, with a $176 average. Seven years out, DUK could reach between $200 and $225, averaging $210. The ten-year forecast is most bullish, with prices ranging from $262 to $290, averaging $275.
| Timeframe | Low Price | Average Price | High Price |
|---|---|---|---|
| 1 year | $120 | $124 | $135 |
| 3 years | $138 | $145 | $158 |
| 5 years | $168 | $176 | $188 |
| 7 years | $200 | $210 | $225 |
| 10 years | $262 | $275 | $290 |
DUK Stock Price Prediction 2025
By 2025, DUK is expected to reach $135. Our analysts suggest the price could increase by 7.5% through expansion of electric power generation assets. Duke Energy Corp market cap is expected to reach $100 billion, and revenue to cross $10 billion by 2025, driven by its diverse portfolio and market expansion. Support levels may form at $120, while resistance could develop at $135. Early implementations of smart grid technology might accelerate customer adoption rates.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $120 | $124 | $135 |
| Month (2025) | Low Price | High Price |
|---|---|---|
| January | $120 | $125 |
| February | $121 | $126 |
| March | $121 | $127 |
| April | $122 | $128 |
| May | $122 | $129 |
| June | $123 | $130 |
| July | $123 | $131 |
| August | $124 | $132 |
| September | $124 | $133 |
| October | $125 | $134 |
| November | $125 | $134 |
| December | $126 | $135 |
Read more forecast: The Southern Company (SO) Stock Price Prediction
DUK Stock Price Prediction 2026
By 2026, DUK is expected to reach $145. We anticipate 8% growth potential driven by new natural gas distribution infrastructure. Support levels might establish at $128, while resistance could reach $145. The company’s expansion of leak detection systems and residential gas delivery networks would likely enhance service reliability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $128 | $134 | $145 |
| Month (2026) | Low Price | High Price |
|---|---|---|
| January | $128 | $135 |
| February | $129 | $136 |
| March | $130 | $137 |
| April | $131 | $138 |
| May | $132 | $139 |
| June | $133 | $140 |
| July | $134 | $141 |
| August | $135 | $142 |
| September | $136 | $143 |
| October | $137 | $144 |
| November | $138 | $144 |
| December | $138 | $145 |
DUK Stock Price Prediction 2027
By 2027, DUK is expected to reach $158. The stock might gain 8.2% through innovative commercial renewables development. Support could form at $138, with resistance potentially testing $158. The implementation of microgrid solutions and expansion of wind energy operations would likely create new revenue streams.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $138 | $145 | $158 |
| Month (2027) | Low Price | High Price |
|---|---|---|
| January | $138 | $145 |
| February | $139 | $147 |
| March | $140 | $149 |
| April | $141 | $151 |
| May | $142 | $152 |
| June | $143 | $153 |
| July | $144 | $154 |
| August | $145 | $155 |
| September | $146 | $156 |
| October | $147 | $157 |
| November | $147 | $157 |
| December | $148 | $158 |
DUK Stock Price Prediction 2028
By 2028, DUK is expected to reach $172. Our analysts project 8.5% growth potential through smart grid technology integration. Support levels might consolidate at $148, while resistance could test $172. The expansion of EV charging infrastructure and implementation of power purchase agreements would likely attract institutional investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $148 | $158 | $172 |
| Month (2028) | Low Price | High Price |
|---|---|---|
| January | $148 | $160 |
| February | $150 | $162 |
| March | $152 | $164 |
| April | $154 | $165 |
| May | $156 | $166 |
| June | $158 | $167 |
| July | $160 | $168 |
| August | $162 | $169 |
| September | $164 | $170 |
| October | $166 | $171 |
| November | $167 | $171 |
| December | $168 | $172 |
DUK Stock Price Prediction 2029
By 2029, DUK is expected to reach $188. We foresee 9% growth driven by renewable energy credits and expanded solar farm operations. Support could emerge at $168, with resistance possibly reaching $188. The company’s investment in grid modernization and advanced monitoring systems would likely improve operational efficiency.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $168 | $176 | $188 |
| Month (2029) | Low Price | High Price |
|---|---|---|
| January | $168 | $175 |
| February | $170 | $177 |
| March | $172 | $179 |
| April | $173 | $181 |
| May | $174 | $182 |
| June | $175 | $183 |
| July | $176 | $184 |
| August | $177 | $185 |
| September | $178 | $186 |
| October | $179 | $187 |
| November | $180 | $187 |
| December | $180 | $188 |
DUK Stock Price Prediction 2030
By 2030, DUK is expected to reach $205. Our analysts predict 9.2% growth through innovative energy efficiency programs and customer-centric solutions. Support levels might develop at $180, while resistance could form at $205. The company’s home energy audit services and business energy efficiency incentives would likely expand its customer base.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $180 | $190 | $205 |
| Month (2030) | Low Price | High Price |
|---|---|---|
| January | $180 | $190 |
| February | $182 | $192 |
| March | $184 | $194 |
| April | $186 | $196 |
| May | $188 | $198 |
| June | $190 | $199 |
| July | $192 | $200 |
| August | $194 | $201 |
| September | $196 | $202 |
| October | $198 | $203 |
| November | $199 | $204 |
| December | $200 | $205 |
Read more forecast: Abbott (ABT) Stock Price Prediction
DUK Stock Price Prediction 2031
By 2031, DUK is expected to reach $225. Our analysts anticipate 9.5% growth through expanded grid modernization projects and natural gas infrastructure. Support levels could establish at $200, while resistance might test $225. The company’s investment in renewable energy generation and advanced demand response programs would likely enhance market share.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $200 | $210 | $225 |
DUK Stock Price Prediction 2032
By 2032, DUK is expected to reach $245. We project 8.8% growth driven by innovative electric transmission solutions. Support might form at $220, while resistance could reach $245. The company’s expansion of hydroelectric power capacity and microgrid solutions would likely strengthen regional presence.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $220 | $230 | $245 |
DUK Stock Price Prediction 2033
By 2033, DUK is expected to reach $268. Our analysts forecast 9.4% growth through enhanced nuclear power plant operations. Support could settle at $240, while resistance might reach $268. The company’s focus on residential electricity delivery innovations and commercial energy solutions would likely drive profitability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $240 | $252 | $268 |
DUK Stock Price Prediction 2034
By 2034, DUK is expected to reach $290. We anticipate 8.2% growth through expanded solar energy solutions and wind farm operations. Support levels might establish at $262, with resistance possibly testing $290. The integration of battery storage systems with community solar programs would likely enhance grid stability.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $262 | $275 | $290 |
DUK Stock Price Prediction 2035
By 2035, DUK is expected to reach $315. Our analysts project 8.6% growth through advanced EV charging infrastructure expansion. Support could form at $285, while resistance might reach $315. The company’s investment in gas appliance repair services and energy management systems would likely increase customer satisfaction.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $285 | $298 | $315 |
DUK Stock Price Prediction 2036
By 2036, DUK is expected to reach $342. We foresee 8.5% growth through innovative power purchase agreements. Support might establish at $308, with resistance potentially reaching $342. The company’s development of renewable energy credits trading and microgrid solutions would likely attract institutional investment.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $308 | $324 | $342 |
DUK Stock Price Prediction 2037
By 2037, DUK is expected to reach $372. Our analysts predict 8.7% growth through expanded natural gas distribution networks. Support could develop at $335, while resistance might test $372. The company’s focus on energy efficiency programs and home energy audits would likely boost customer engagement.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $335 | $352 | $372 |
DUK Stock Price Prediction 2038
By 2038, DUK is expected to reach $405. We anticipate 8.8% growth through enhanced transmission infrastructure. Support levels might form at $365, with resistance possibly reaching $405. The company’s investment in battery-as-a-service options and commercial renewables would likely drive revenue growth.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $365 | $383 | $405 |
DUK Stock Price Prediction 2039
By 2039, DUK is expected to reach $440. Our analysts project 8.6% growth through advanced substation management systems. Support could establish at $396, while resistance might reach $440. The company’s expansion of solar farms and wind energy solutions would likely strengthen market position.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $396 | $416 | $440 |
DUK Stock Price Prediction 2040
By 2040, DUK is expected to reach $478. Our analysts forecast 8.7% growth through revolutionary advanced metering infrastructure. Support levels might establish at $430, while resistance could reach $478. The company’s integration of quantum-secured grid systems and energy storage solutions would likely enhance operational efficiency.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $430 | $452 | $478 |
| Month (2040) | Low Price | High Price |
|---|---|---|
| January | $430 | $445 |
| February | $435 | $450 |
| March | $440 | $455 |
| April | $445 | $460 |
| May | $450 | $463 |
| June | $455 | $466 |
| July | $460 | $469 |
| August | $465 | $471 |
| September | $468 | $473 |
| October | $471 | $475 |
| November | $474 | $476 |
| December | $476 | $478 |
Read more forecast: Optimism (OP) Price Prediction
DUK Stock Price Prediction 2050
By 2050, DUK is expected to reach $3,100. We project 9.8% compound growth through next-generation electric power generation technologies. Support might form at $2,700, while resistance could test $3,100. The company’s breakthrough achievements in fusion energy integration and atmospheric energy harvesting would likely revolutionize the utility sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2,700 | $2,900 | $3,100 |
| Month (2050) | Low Price | High Price |
|---|---|---|
| January | $2,700 | $2,800 |
| February | $2,725 | $2,850 |
| March | $2,750 | $2,900 |
| April | $2,775 | $2,950 |
| May | $2,800 | $3,000 |
| June | $2,825 | $3,020 |
| July | $2,850 | $3,040 |
| August | $2,875 | $3,060 |
| September | $2,900 | $3,070 |
| October | $2,925 | $3,080 |
| November | $2,950 | $3,090 |
| December | $2,975 | $3,100 |
Who are the Major Competitors of DUK
| Company Name | Market Cap (USD) | Enterprise Value (USD) | Dividend % | YTD Return |
|---|---|---|---|---|
| Duke Energy (DUK) | 88.84B | 175.57B | 3.64% | +18.51% |
| Southern Company (SO) | 96.88B | 164.55B | 3.26% | +26.10% |
| American Electric Power (AEP) | 52.24B | 96.03B | 3.79% | +20.78% |
| PG&E Corporation (PCG) | 45.29B | 104.68B | 0.19% | +17.53% |
| Constellation Energy (CEG) | 77.86B | 84.85B | 0.57% | +112.96% |
| Dominion Energy (D) | 49.17B | 91.78B | 4.56% | +24.53% |
| Sempra (SRE) | 60.03B | 101.23B | 2.62% | +26.82% |
| Public Service Enterprise (PEG) | 46.34B | 68.21B | 2.58% | +52.12% |
| NextEra Energy (NEE) | 157.60B | 247.59B | 2.69% | +26.18% |
| Entergy Corporation (ETR) | 32.70B | 60.62B | 3.15% | +50.71% |
Duke Energy Corporation Balance Sheet Report
Duke Energy’s 2023 balance sheet shows total assets of $176.9 billion, slightly down from $178.1 billion in 2022. Total liabilities stood at $126.7 billion, with total equity at $50.2 billion.
The company’s debt position increased, with total debt reaching $80.5 billion and net debt at $79.3 billion. Capital structure includes $47.2 billion in common stock equity and $2.0 billion in preferred stock equity.
Working capital remained negative at -$4.5 billion, though improved from 2022. The company’s tangible book value was $27.8 billion, reflecting its substantial infrastructure investments.
Share structure consisted of 770.7 million common shares and 40 million preferred shares. These figures demonstrate Duke Energy’s position as a major utility company with significant capital investments.
Conclusion
From 2025 to 2050, Duke Energy Corporation (DUK) demonstrates robust growth potential, with the stock price projected to rise from $135 to $3,100. This represents a Compound Annual Growth Rate (CAGR) of 13.8%. The company’s strategic investments in electric utilities, renewable energy, and grid modernization support this growth.
FAQs
1. What is the forecast for DUK stock?
Based on our analysis, DUK stock shows strong growth potential, starting at $135 in 2025 and reaching $3,100 by 2050. Key milestones include $205 by 2030, $478 by 2040, and $3,100 by 2050. The company’s expansion in renewable energy, grid modernization, and electric utilities supports this upward trend with a CAGR of 13.8%.
2. Can DUK stock reach $200?
Our forecast indicates DUK could reach $200 by early 2030, supported by investments in energy efficiency programs and customer-centric solutions. Enhanced battery storage systems and renewable assets integration would likely drive this milestone achievement.
3. Can DUK stock reach $300?
The analysis projects DUK surpassing $300 by 2035. The company’s expansion of EV charging infrastructure and energy management systems could accelerate this growth.
4. Can DUK stock reach $400?
Our forecast shows DUK reaching $400 by 2038, with a projected price of $405 and support at $365. The company’s investments in battery-as-a-service options and commercial renewables would drive this growth.
5. Can DUK stock reach $3,000?
The analysis indicates DUK could exceed $3,000 by 2050, reaching $3,100 with support at $2,700. This growth would be driven by fusion energy integration, atmospheric energy harvesting, and autonomous grid healing systems.
6. Is DUK a “buy”, “hold” or “sell”?
Based on the projected growth from $135 in 2025 to $3,100 in 2050, representing a 13.8% CAGR, DUK presents as a “buy” opportunity. The company’s strong fundamentals in electric utilities, consistent expansion in renewable energy, and innovative grid modernization projects support long-term value creation.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
