Dominion Energy Inc experienced a price decline of 3.08%, hitting a 20-day low. This movement occurs despite the broader market strength, with the Nasdaq-100 up 0.62% and the S&P 500 up 0.47%.
The decline in Dominion Energy's stock price is attributed to sector rotation, as investors are shifting their focus towards other sectors despite the company's recent positive developments, including a $3.5 million charitable contribution to nonprofits across multiple states. This funding aims to enhance community vitality and address basic human needs, reflecting the company's commitment to social responsibility.
The implications of this price movement suggest that while Dominion Energy is actively contributing to community welfare, the stock is currently facing downward pressure due to market dynamics. Investors may need to consider the potential for recovery as the company continues to engage in positive initiatives.
Wall Street analysts forecast D stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for D is 64.36 USD with a low forecast of 59.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast D stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for D is 64.36 USD with a low forecast of 59.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
9 Hold
1 Sell
Hold
Current: 60.710
Low
59.00
Averages
64.36
High
70.00
Current: 60.710
Low
59.00
Averages
64.36
High
70.00
RBC Capital
Stephen D'Ambrisi
Sector Perform
downgrade
$70 -> $69
2026-01-23
Reason
RBC Capital
Stephen D'Ambrisi
Price Target
$70 -> $69
AI Analysis
2026-01-23
downgrade
Sector Perform
Reason
RBC Capital analyst Stephen D'Ambrisi lowered the firm's price target on Dominion to $69 from $70 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q4 earnings in Utilities. As has been the trend across the space over the last 18 months given the rapidly changing capital deployment landscape, a number of utilities that are typically Q4 roll-forward companies gave off-cycle or early previews of updated capital plans, prompting the firm to revise its model in the sector, the analyst tells investors in a research note.
Barclays
Nicholas Campanella
Overweight
downgrade
$64 -> $63
2026-01-22
Reason
Barclays
Nicholas Campanella
Price Target
$64 -> $63
2026-01-22
downgrade
Overweight
Reason
Barclays analyst Nicholas Campanella lowered the firm's price target on Dominion to $63 from $64 and keeps an Overweight rating on the shares. The firm adjusted targets in the power and utilities group as part of a Q4 preview.
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Morgan Stanley
Equal Weight
maintain
$62 -> $63
2026-01-21
Reason
Morgan Stanley
Price Target
$62 -> $63
2026-01-21
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Dominion to $63 from $62 and keeps an Equal Weight rating on the shares. The firm is updating its Regulated & Diversified Utilities / IPPs in North America under its coverage, noting utilities underperformed the S&P's return in December, the analyst tells investors.
TD Cowen
Hold
initiated
$65
2026-01-09
Reason
TD Cowen
Price Target
$65
2026-01-09
initiated
Hold
Reason
As previously reported, TD Cowen initiated coverage of Dominion with a Hold rating and $65 price target. While Dominion "should be a classic turnaround utility story," recent setbacks may delay the recovery and offshore wind is turning into a headwind, the analyst tells investors. Dominion built Charybdis with the intention of deploying it beyond Coastal Virginia Offshore Wind, renting the Jones act-compliant vessel into a growing U.S. offshore wind market, but future demand for such a specialized asset is increasingly uncertain with the Trump administration halting new offshore wind development, the analyst added.
About D
Dominion Energy, Inc. provides regulated electricity service to about 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. It is a developer and operator of regulated offshore wind and solar power and the producer of carbon-free electricity in New England. Its Dominion Energy Virginia segment is composed of Virginia Power’s regulated electric transmission, distribution, and generation operations, which serve homes and businesses in Virginia and North Carolina. Its Dominion Energy South Carolina segment consists of DESC’s generation, transmission, and distribution of electricity to customers in the central, southern and southwestern portions of South Carolina and the distribution of natural gas to residential, commercial and industrial customers in South Carolina. Its Contracted Energy segment includes non-regulated electric generation fleet and renewable natural gas operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
