Based on the provided data and recent market activity, here's my analysis of Dominion Energy (D):
Market Performance The stock closed at $53.48 on January 24, 2025, with a modest gain of 0.51% during regular trading hours. The stock has been showing signs of weakness, trading below both its 60-day SMA ($55.61) and 200-day SMA ($53.46).
Recent Developments
Technical Analysis
Growth Outlook The company has promising prospects:
Analyst Sentiment Recent analyst actions include:
Recommendation SELL. Despite the attractive dividend yield and growth prospects, technical indicators suggest weakness in the near term. The stock is trading below key moving averages and showing bearish momentum. Additionally, broader market uncertainties around nuclear energy regulations could impact the company's strategic initiatives.
Based on the provided data and context, here's the analysis for Dominion Energy (D) stock price prediction for 2025:
Technical Analysis
Price Target Analysis Dominion Energy's stock is expected to reach $58.21 (Fibonacci R3) by mid-2025, representing an 8.8% upside from the current price of $53.48. This projection is supported by:
The company's strategic focus on $50 billion of accretive growth investments and significant AI-driven data center partnerships with major tech companies like Amazon.
The stock's current technical indicators show RSI at 44.66, suggesting room for upward movement from slightly oversold conditions, with strong Fibonacci resistance levels at $55.90 (R1) and $56.78 (R2).
Key Growth Drivers The positive outlook is supported by:
The stock price prediction of $58.21 by end of 2025 is based on technical analysis, fundamental growth prospects, and the company's positioning in the growing nuclear energy and AI data center markets.
The S1 support level for D Stock is $53.05 ,The R1 resistant level for D Stock is $55.9.
As of the end of day on 2025-01-24, the price of D Stock was $53.5.
The target price for D Stock according to analyst rating is 59.77, with the highest price target at 63.00 and the lowest at 56.00. Analysts have a Hold rating on D Stock overall.
The market cap of D is $44.9B.
Based on the provided data, I'll analyze whether Dominion Energy (D) is overvalued in 5 concise sentences.
Valuation Analysis: With a current P/E of 21.27x and EV/EBITDA of 13.53x in Q3 2024, Dominion Energy appears moderately overvalued compared to utility sector averages. The company's P/B ratio of 1.85x and PS ratio of 3.32x in Q3 2024 are also above historical levels, indicating premium pricing. Recent analyst actions show mixed sentiment, with Scotiabank maintaining a Hold rating with a $61 price target and Goldman Sachs initiating coverage with a Neutral rating at $61. The stock's current price of $53.48 already reflects significant growth expectations from its $50B accretive investment plan and data center-driven energy demand growth potential. Given the high valuation metrics, regulatory uncertainties, and the fact that the stock is trading at a premium despite recent challenges in its offshore wind projects, Dominion Energy appears overvalued at current levels.
Dominion Energy, Inc. is a producer and distributor of energy. The Company's segments include Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. Dominion Energy Virginia segment is composed of Virginia Power’s regulated electric transmission, distribution, and generation (regulated electric utility and its related energy supply) operations, which serve approximately 2.8 million residential, commercial, industrial and governmental customers in Virginia and North Carolina. Dominion Energy South Carolina segment consists of DESC’s generation, transmission, and distribution of electricity to approximately 0.8 million customers in the central, southern and southwestern portions of South Carolina and the distribution of natural gas to approximately 0.4 million residential, commercial and industrial customers in South Carolina. Contracted Energy segment includes the operations of Millstone, and associated energy marketing and price risk activities and others.
Based on the provided data and market analysis, here is a projection for Dominion Energy (D) stock price in 2030:
The stock is expected to reach $65-70 by 2030, driven by the company's clean energy transition and infrastructure modernization. The utility sector's stable regulated returns and Dominion's focus on renewable energy development should support steady growth, though rising interest rates may create some headwinds.
The company's strategic shift toward regulated utility operations and clean energy investments positions it well for the evolving energy landscape through 2030.
The current technical analysis shows the stock is trading around $53.48, with key support at $52.17 and resistance at $55.90 based on Fibonacci levels. The RSI at 44.66 indicates neutral momentum.
D has a total of 17700 employees.