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Mizuho Raises Its Price Target On Duke Energy (duk) To $139

Duke Energy Corporation (NYSE:DUK) is one of the 15 Best Power Generation Stocks To Buy For Data Center Demand.

On May 6, 2026, Mizuho raised its price target on Duke Energy Corporation (NYSE:DUK) to $139 from $130 previously and maintained an Outperform rating on the shares.

On May 5, 2026, Duke Energy Corporation (NYSE:DUK) reported Q1 adjusted EPS of $1.93, ahead of the $1.80 consensus estimate, while revenue came in at $9.18B compared to expectations of $8.49B. CEO Harry Sideris said the company continues investing in generation capacity and grid infrastructure to support economic growth across its service territories while working to keep customer rates manageable. Duke maintained its FY26 adjusted EPS outlook of $6.55-$6.80, compared to consensus estimates of $6.70.

Last month, the U.S. Nuclear Regulatory Commission renewed the operating license for Duke Energy’s Robinson Nuclear Plant for an additional 20 years, extending the facility’s operating life through 2050. Located in Hartsville, South Carolina, the plant generates enough electricity to power about 570,000 homes.

Also in April, Morgan Stanley lowered its price target on Duke Energy Corporation (NYSE:DUK) to $141 from $142 while maintaining an Overweight rating as part of a broader update on North American regulated and diversified utilities and IPPs.

Duke Energy Corporation (NYSE:DUK), through its subsidiaries, operates electric and gas utility businesses in the United States.

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While we acknowledge the risk and potential of DUK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DUK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Mizuho Raises Its Price Target On Duke Energy (duk) To $139

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