Should You Buy Energy Transfer LP (ET) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
17.950
1 Day change
-0.06%
52 Week Range
21.110
Analysis Updated At
2026/01/25
Energy Transfer LP is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has a strong distribution yield and growth plans, its recent financial performance shows declining revenue, net income, and EPS. Additionally, technical indicators suggest a bearish trend, and there are no significant positive trading signals or catalysts to justify immediate action. Holding the stock or waiting for a better entry point is recommended.
Technical Analysis
The stock is in a bearish trend with MACD below 0 and negatively contracting, RSI indicating oversold conditions at 15.626, and bearish moving averages (SMA_200 > SMA_20 > SMA_5). Key support levels are at 16.569 and 16.295, while resistance levels are at 17.455 and 17.729.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Moving Average Consensus
Sell
4
Buy
11
Positive Catalysts
2026/01/25 23:55:35
Energy Transfer plans to invest $5.5 billion in 2026 to support distribution growth of 3%-5%.
Strong cash flow coverage of 1.8 times its distribution indicates financial health.
Secured deals with Oracle for natural gas supply, projecting over $25 billion in future revenue.
Neutral/Negative Catalysts
2026/01/25 23:55:35
Declining financial performance in Q3 2025: Revenue down 3.94% YoY, Net Income down 13.99% YoY, and EPS down 12.5% YoY.
Bearish technical indicators and a projected stock decline of -5.33% in the next week and -14.87% in the next month.
Analysts have mixed views, with some downgrading the stock due to lack of catalysts for valuation re-rating.
Financial Performance
In Q3 2025, Energy Transfer's revenue dropped to $19.95 billion (-3.94% YoY), net income dropped to $959 million (-13.99% YoY), and EPS dropped to $0.28 (-12.5% YoY). However, gross margin increased to 19.81% (+7.26% YoY), indicating some operational efficiency.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Mixed analyst sentiment: Scotiabank raised the price target to $22 with an Outperform rating, citing strong power demand and LNG exports. However, Morgan Stanley downgraded the stock to Equal Weight with a $19 price target, citing a lack of catalysts to drive valuation re-rating.
Wall Street analysts forecast ET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ET is 20.65 USD with a low forecast of 17 USD and a high forecast of 23 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.
11 Analyst Rating
Wall Street analysts forecast ET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ET is 20.65 USD with a low forecast of 17 USD and a high forecast of 23 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.
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 17.960
Low
17
Averages
20.65
High
23
Current: 17.960
Low
17
Averages
20.65
High
23
Scotiabank
Brandon Bingham
Outperform
maintain
$21 -> $22
AI Analysis
2026-01-16
Reason
Scotiabank
Brandon Bingham
Price Target
$21 -> $22
AI Analysis
2026-01-16
maintain
Outperform
Reason
Scotiabank analyst Brandon Bingham raised the firm's price target on Energy Transfer LP to $22 from $21 and keeps an Outperform rating on the shares. The firm is updating its price targets for Energy Infrastructure stocks under its coverage, the analyst tells investors. Scotiabank notes tailwinds from strong power demand and LNG exports are driving increased opportunities, leading the firm to believe there is an upward bias to its long-term estimates.
Morgan Stanley
Overweight -> Equal Weight
downgrade
$19
2025-12-18
Reason
Morgan Stanley
Price Target
$19
2025-12-18
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded Energy Transfer LP to Equal Weight from Overweight with a $19 price target. The firm sees a lack of catalysts to re-rate the shares higher. Without a specific event path to narrow Energy Transfer's valuation discount to peers, share outperformance to the group will likely prove difficult, the analyst tells investors in a research note.
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