Analyst Consensus ?
ConsensusHold30 ratings
Bullish1136.7%
Neutral1756.7%
Bearish26.6%
1 unmapped firm rating excluded from the percentages.
Dominion Energy, Inc. · D · FY2025 Q4 · Calendar Q1 2026
Dominion raises capital plan as data-center demand supports growth
The current analysis supports the view that resilient data-center demand, regulated investment, and execution of major infrastructure projects can support Dominion Energy’s growth. The larger capital plan and project, regulatory, outage, and financing risks are important constraints.
Reported Before market openNYSEUtilities
$53.24B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.68
Consensus $0.67
EPS surprise
+1.9%
Reported versus consensus
Reported revenue
$4.09B
Consensus $3.65B
Revenue surprise
+12.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-2.6%
Event window
SPY move
-1.0%
Same window
Abnormal move
-1.6%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
-6.9%
Up to 20 sessions
DSPY benchmark
Ask FN2 about D FY2025 Q4
Transcript, numbers and history already loaded
Why did D fall 2.6% after beating EPS estimates in FY2025 Q4?What changed in D's guidance and outlook in FY2025 Q4?Give me the bull and bear case for D after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The five-year capital plan increased by $15 billion, or 30%, to approximately $65 billion. CVOW progress, data-center demand, and the financing approach were central updates, while long-term EPS growth guidance remained 5%–7%.
Guidance delta
2026 EPS guidance was reaffirmed with a modest increase; long-term EPS growth guidance of 5%–7% was reaffirmed, with a bias toward the upper half beginning in 2028.
Key takeaways
- 2025 earnings and credit metrics exceeded guidance.
- CVOW was over 70% complete and on track for first power delivery by March 2026.
- Virginia data-center demand exceeded 48 GW of contracted load.
- The five-year capital plan increased to approximately $65 billion, with more than 90% of the increase allocated to Dominion Energy Virginia.
- Management reaffirmed long-term EPS growth guidance of 5%–7%.
Management priorities
- Execute the CVOW offshore wind project.
- Expand data-center load provisions and related regulated investment.
- Advance gas-generation, transmission, and distribution projects.
- Fund the larger capital plan while maintaining financial flexibility.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$60.76Current
$52Low
$67.5Average
$92High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 1, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 18, 2026 |
| TD Cowen | Buy | Hold | Upgrade | Aug 19, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Aug 17, 2026 |
| Truist Securities | Hold | Hold | Maintain | Aug 13, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Jul 22, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jun 23, 2026 |
| Jefferies | Buy | Hold | Upgrade | May 28, 2026 |
| Mizuho | Neutral | Neutral | Maintain | May 26, 2026 |
| Seaport Global | Neutral | Buy | Downgrade | May 20, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | May 19, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | May 15, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Apr 15, 2026 |
| Scotiabank | Sector Perform | Sector Perform | Maintain | Mar 2, 2026 |
| JP Morgan | Underweight | Underweight | Maintain | Dec 11, 2025 |
| UBS | Neutral | Neutral | Maintain | Mar 21, 2025 |
| Guggenheim | Buy | Buy | Maintain | Mar 4, 2024 |
| Credit Suisse | Neutral | Neutral | Maintain | Feb 14, 2023 |
| Goldman Sachs | Neutral | Sell | Upgrade | Nov 14, 2022 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Nov 7, 2022 |
| Keybanc | Overweight | Downgrade | Oct 20, 2022 | |
| CFRA | Buy | Buy | Maintain | Feb 11, 2020 |
| Citigroup | Neutral | Neutral | Maintain | Feb 3, 2020 |
| Bank of America | Neutral | Underperform | Upgrade | Jun 13, 2019 |
| Macquarie | Neutral | Outperform | Downgrade | Mar 18, 2019 |
| Argus Research | Buy | Buy | Maintain | Sep 19, 2018 |
| Argus | Buy | Buy | Maintain | Sep 19, 2018 |
| Deutsche Bank | Hold | Hold | Maintain | Aug 3, 2017 |
| Scotia Howard Weil | Outperform | Sector Outperform | Maintain | Nov 17, 2015 |
| S&P Capital IQ | Sell | Hold | Downgrade | Jan 31, 2014 |
| ISI Group | Buy | Neutral | Upgrade | Sep 16, 2013 |
| Atlantic Equities | Overweight | Neutral | Upgrade | Apr 9, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $60.76. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Analyst unavailable | $80 | $68.64 | +31.7% | Aug 19, 2026 |
| Evercore ISI | Analyst unavailable | $70 | $68.76 | +15.2% | Aug 17, 2026 |
| Truist Financial | Analyst unavailable | $66 | $68.36 | +8.6% | Aug 13, 2026 |
| Morgan Stanley | David Arcaro | $71 | $70.84 | +16.9% | Jul 22, 2026 |
| Morgan Stanley | Analyst unavailable | $69 | $68.98 | +13.6% | Jun 24, 2026 |
| Barclays | Nicholas Campanella | $69 | $68.05 | +13.6% | Jun 23, 2026 |
| Jefferies | Analyst unavailable | $76 | $67.2 | +25.1% | May 28, 2026 |
| Mizuho Securities | Anthony Crowdell | $72 | $67.67 | +18.5% | May 26, 2026 |
| RBC Capital | Stephen D'Ambrisi | $72 | $67.56 | +18.5% | May 18, 2026 |
| Wells Fargo | Shahriar Pourreza | $68 | $62.97 | +11.9% | May 15, 2026 |
| Barclays | Nicholas Campanella | $70 | $63.94 | +15.2% | May 4, 2026 |
| Morgan Stanley | Analyst unavailable | $68 | $61.55 | +11.9% | Apr 21, 2026 |
| Wells Fargo | Analyst unavailable | $66 | $62.22 | +8.6% | Apr 21, 2026 |
| Truist Financial | Analyst unavailable | $67 | $62.22 | +10.3% | Apr 20, 2026 |
| Jefferies | Analyst unavailable | $65 | $65.07 | +7.0% | Apr 10, 2026 |
| Mizuho Securities | Analyst unavailable | $66 | $64.23 | +8.6% | Feb 24, 2026 |
| Morgan Stanley | Analyst unavailable | $67 | $65.92 | +10.3% | Feb 20, 2026 |
| RBC Capital | Stephen D'Ambrisi | $69 | $59.42 | +13.6% | Jan 23, 2026 |
| UBS | Analyst unavailable | $64 | $59.34 | +5.3% | Dec 17, 2025 |
| BMO Capital | Analyst unavailable | $65 | $58.69 | +7.0% | Nov 3, 2025 |
| RBC Capital | Stephen D'Ambrisi | $70 | $60.8 | +15.2% | Oct 27, 2025 |
| Wells Fargo | Shahriar Pourreza | $67 | $60.8 | +10.3% | Oct 27, 2025 |
| Morgan Stanley | Analyst unavailable | $66 | $61.45 | +8.6% | Oct 22, 2025 |
| Barclays | Nicholas Campanella | $63 | $61.5 | +3.7% | Oct 7, 2025 |
| Evercore ISI | Nicholas Amicucci | $67 | $61.5 | +10.3% | Oct 6, 2025 |
| Morgan Stanley | David Arcaro | $63 | $60.03 | +3.7% | Sep 25, 2025 |
| Morgan Stanley | David Arcaro | $60 | $54.18 | -1.3% | Jun 18, 2025 |
| Morgan Stanley | David Arcaro | $62 | $55.66 | +2.0% | May 22, 2025 |
| Morgan Stanley | David Arcaro | $61 | $57.46 | +0.4% | Dec 2, 2024 |
| Goldman Sachs | Carly Davenport | $61 | $57.29 | +0.4% | Nov 8, 2024 |
| Jefferies | Julien Dumoulin-Smith | $58 | $57.48 | -4.5% | Sep 19, 2024 |
| Evercore ISI | Durgesh Chopra | $56 | $56.46 | -7.8% | Aug 23, 2024 |
| BMO Capital | James Thalacker | $57 | $56.08 | -6.2% | Aug 5, 2024 |
| BMO Capital | James Thalacker | $52 | $51.5 | -14.4% | May 6, 2024 |
| Mizuho Securities | Anthony Crowdell | $52 | $51.16 | -14.4% | May 3, 2024 |
| Barclays | Nicholas Campanella | $49 | $48.91 | -19.4% | Apr 15, 2024 |
| Barclays | Eric Beaumont | $52 | $42.32 | -14.4% | Oct 4, 2023 |
| J.P. Morgan | Jeremy Tonet | $55 | $49.21 | -9.5% | Aug 4, 2023 |
| Seaport Global | Angie Storozynski | $59 | $49.86 | -2.9% | Jun 5, 2023 |
| Mizuho Securities | Anthony Crowdell | $58 | $54.06 | -4.5% | May 16, 2023 |
| Morgan Stanley | Analyst unavailable | $65 | $63.1 | +7.0% | Feb 2, 2023 |
| J.P. Morgan | Analyst unavailable | $66 | $61.85 | +8.6% | Jan 11, 2023 |
| Wells Fargo | Sarah Akers | $64 | $58.25 | +5.3% | Dec 7, 2022 |
| UBS | Analyst unavailable | $63 | $59.18 | +3.7% | Dec 6, 2022 |
| Goldman Sachs | Michael Lapides | $69 | $61.66 | +13.6% | Nov 13, 2022 |
| Credit Suisse | Michael Weinstein | $69 | $62.16 | +13.6% | Nov 7, 2022 |
| Morgan Stanley | Analyst unavailable | $90 | $78.32 | +48.1% | Sep 22, 2022 |
| Morgan Stanley | Analyst unavailable | $92 | $84.25 | +51.4% | Aug 23, 2022 |
| BMO Capital | Analyst unavailable | $91 | $81.77 | +49.8% | Aug 9, 2022 |
| Mizuho Securities | Anthony Crowdell | $81 | $78.94 | +33.3% | Jul 27, 2022 |
| Morgan Stanley | Analyst unavailable | $84 | $75.58 | +38.2% | Jul 21, 2022 |
| Barclays | Analyst unavailable | $86 | $79.2 | +41.5% | Jul 18, 2022 |
| UBS | Analyst unavailable | $90 | $79.02 | +48.1% | Jun 30, 2022 |
| Morgan Stanley | Analyst unavailable | $87 | $83.52 | +43.2% | May 23, 2022 |
| Mizuho Securities | Anthony Crowdell | $87 | $82.15 | +43.2% | May 10, 2022 |
| Morgan Stanley | Analyst unavailable | $94 | $86.99 | +54.7% | Apr 20, 2022 |
| Mizuho Securities | Anthony Crowdell | $82 | $79.16 | +35.0% | Jan 10, 2022 |
| Scotiabank | Andrew Weisel | $92 | $73.51 | +51.4% | Jul 6, 2021 |
Track every rating change on D the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationDominion Energy, Inc. is an American energy company that provides regulated electricity and natural gas services. It generates, transmits, and distributes electricity to customers in Virginia and the Carolinas, and distributes natural gas to customers in multiple states including South Carolina, Ohio, and Utah. The company's asset portfolio includes electric generation capacity from various sources including renewables, electric transmission and distribution lines, and natural gas infrastructure.
Historical context
All D earningsLatest beats and misses
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- COSTFY2026 Q4 · September 24, 2026+3.2% EPS+2.9% move
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-10-01T19:56:08.168064+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-01T19:56:08.164927+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-01. For educational purposes only; not investment advice.