12 analysts have shared their evaluations of CMS Energy (NYSE:CMS) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 6 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 2 | 0 | 0 |
| 2M Ago | 2 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $78.25, with a high estimate of $83.00 and a low estimate of $74.00. Observing a downward trend, the current average is 0.63% lower than the prior average price target of $78.75.

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 |
|---|---|---|---|---|---|
| Sophie Karp | Keybanc | Raises | Overweight | $83.00 | $79.00 |
| Nicholas Campanella | Barclays | Raises | Overweight | $79.00 | $74.00 |
| James Thalacker | BMO Capital | Raises | Outperform | $80.00 | $79.00 |
| Anthony Crowdell | Mizuho | Raises | Neutral | $76.00 | $73.00 |
| Stephen Byrd | Morgan Stanley | Raises | Equal-Weight | $75.00 | $74.00 |
| Julien Dumoulin-Smith | Jefferies | Raises | Buy | $81.00 | $79.00 |
| Shahriar Pourreza | Wells Fargo | Lowers | Equal-Weight | $74.00 | $77.00 |
| Julien Dumoulin-Smith | Jefferies | Lowers | Buy | $79.00 | $82.00 |
| Jeremy Tonet | JP Morgan | Raises | Overweight | $81.00 | $80.00 |
| 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 |
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of CMS Energy's market position. Stay informed and make well-informed decisions with 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: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: CMS Energy displayed positive results in 3M. As of 31 December, 2025, the company achieved a solid revenue growth rate of approximately 10.49%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Utilities sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.81%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): CMS Energy's ROE excels beyond industry benchmarks, reaching 3.26%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): CMS Energy's ROA excels beyond industry benchmarks, reaching 0.73%. This signifies efficient management of assets and strong financial health.
Debt Management: CMS Energy's debt-to-equity ratio is below the industry average at 2.12, reflecting a lower dependency on debt financing and a more conservative financial approach.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.