Energy Transfer (NYSE:ET) Stock Price Expected to Rise, TD Cowen Analyst Says

Energy Transfer (NYSE:ET) had its target price upped by equities researchers at TD Cowen from $20.00 to $21.00 in a note issued to investors on Wednesday, MarketBeat.com reports. The firm presently has a “buy” rating on the pipeline company’s stock. TD Cowen’s price objective indicates a potential upside of 10.84% from the company’s previous close.

Several other analysts have also recently commented on the company. Barclays reiterated an “overweight” rating and set a $22.00 price target (down from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Energy Transfer in a report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Energy Transfer in a research note on Wednesday, December 24th. UBS Group restated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a research note on Friday, January 16th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.27.

Energy Transfer Trading Up 0.5%

Shares of NYSE:ET opened at $18.95 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.41 and a quick ratio of 1.14. The business’s 50 day moving average price is $17.39 and its 200-day moving average price is $17.16. The firm has a market capitalization of $65.05 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 0.98 and a beta of 0.66. Energy Transfer has a 1 year low of $14.60 and a 1 year high of $20.12.

Energy Transfer (NYSE:ET) last announced its earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.09). The company had revenue of $25.32 billion during the quarter, compared to analyst estimates of $23.56 billion. Energy Transfer had a net margin of 5.11% and a return on equity of 10.38%. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 EPS. On average, equities research analysts forecast that Energy Transfer will post 1.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Energy Transfer

Large investors have recently modified their holdings of the business. Mcguire Capital Advisors Inc. purchased a new stake in Energy Transfer in the 4th quarter valued at about $1,532,000. TMB Capital Partners LLC acquired a new stake in shares of Energy Transfer during the fourth quarter valued at about $689,000. Axxcess Wealth Management LLC raised its stake in shares of Energy Transfer by 7.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 18,482 shares of the pipeline company’s stock valued at $305,000 after acquiring an additional 1,315 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of Energy Transfer by 4.8% in the 4th quarter. Corient Private Wealth LLC now owns 1,936,780 shares of the pipeline company’s stock worth $30,717,000 after acquiring an additional 89,501 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its position in shares of Energy Transfer by 77.0% during the 4th quarter. Ameriflex Group Inc. now owns 7,078 shares of the pipeline company’s stock worth $117,000 after purchasing an additional 3,078 shares during the period. Institutional investors and hedge funds own 38.22% of the company’s stock.

Key Stories Impacting Energy Transfer

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: Q4 fundamentals: Adjusted EBITDA rose ~7.7% and distributable cash flow increased ~4.6%, driven by record volumes across segments and a growing project backlog — supports the 7.2% distribution and coverage. Energy Transfer: Strong Q4 Results
• Positive Sentiment: Analyst support: TD Cowen raised its price target to $21 and holds a “buy” rating, giving upside from current levels and adding buy-side validation for the share rally. (Analyst note)
• Positive Sentiment: Growth projects: Pipeline expansion (Florida Gas Transmission JV) and new supply agreements expand capacity and backlog, reinforcing organic growth outlook and long-term fee‑based cash flows. Energy Transfer Adds Growth
• Neutral Sentiment: Market framing: Coverage pieces position ET as an income-oriented way to play energy transition tailwinds (AI/data center demand, LNG exports) versus growth plays like Constellation; useful for portfolio allocation but not a catalyst by itself. Value or Growth: Energy Transfer
• Neutral Sentiment: Mixed commentary on valuation: Several write-ups argue the stock’s rally has pushed it toward fair value — helpful context for investors deciding entry points but not an immediate operational change. Assessing ET Valuation
• Negative Sentiment: EPS miss and perception risk: GAAP EPS of $0.25 missed consensus of $0.34 — the headline miss has prompted some selling and stamped a near-term cautionary tone despite strong revenue and cash flow. Q4 2025 Earnings Transcript
• Negative Sentiment: Valuation downgrade angle: At least one earnings‑reaction piece re-rated ET as “fairly valued” after the price run, which could limit further upside absent new catalysts. Earnings Reaction / Fairly Valued

Energy Transfer Company Profile

Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.

Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.