Mizuho Reiterates Buy Rating on Duke Energy

Mizuho reiterated its buy rating on Duke Energy Corporation (NYSE:DUK) on June 18, 2026. The firm set a price target of $135 for the utility giant. This follows previous actions by other analysts, with Truist Securities and JP Morgan maintaining their ratings in recent months.

Other Institutional Activity in Duke Energy

In recent institutional moves, BlackRock, Inc. grew its holdings by 433,230 shares, ending with 69,323,870 shares valued at about $9.08 billion. State Street Corp added 579,242 shares to reach 44,532,642 shares worth approximately $5.83 billion. Geode Capital Management, LLC increased its stake by 755,168 shares, holding a total of 20,047,801 shares valued at around $2.64 billion.

Duke Energy Corporation Stock Up 0.1%

Shares of Duke Energy Corporation (NYSE:DUK) are trading near $123.73. The company has a market cap of about $96.5 billion, with a P/E ratio of 19.04 and a forward P/E of 17.26. Its beta is relatively low at 0.379, indicating less volatility compared to the market. The stock has traded between $113.9 and $134.49 over the past year, and it has a 50-day moving average of $125.70 and a 200-day moving average of $124.05.

Recent Earnings

Duke Energy reported revenues of approximately $32.72 billion, with a revenue growth rate of 11.3%. The net margin stands at 15.71%, and the return on equity is 9.66%. The company is expected to announce its next earnings on August 4, 2026.

Dividend

Duke Energy offers a dividend rate of $4.26, yielding 3.38% with a payout ratio of 65.23%. This makes it an attractive option for income-focused investors.

Insider Buying and Selling at Duke Energy Corporation

Recent insider activity at Duke Energy includes several purchases and sales. Alexander Weintraub, EVP and Chief Customer Officer, bought 394 shares at $123.81 on May 20, 2026, and 3,265 shares at $124.56 on May 19, 2026. On the other hand, President and CEO Harry Sideris sold 20,000 shares at $124.37 on May 8, 2026.

Analysts Set New Price Targets

On June 18, 2026, Mizuho reiterated its buy rating with a $135 price target. Earlier, on May 18, 2026, Truist Securities maintained its buy rating with a $137 target. JP Morgan kept its hold rating with a $136 target on May 13, 2026. The consensus among analysts is a buy, with a mean price target of $138.56 based on 18 opinions.

About Duke Energy

Duke Energy Corporation is a leading energy company headquartered in Charlotte, North Carolina. It operates through segments such as Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure. The company generates and distributes electricity in the Southeast and Midwest regions. It also distributes natural gas and invests in various infrastructure projects. Duke Energy is led by CEO Harry K. Sideris and employs over 26,000 people.

Bottom Line

Mizuho's reiteration of its buy rating on Duke Energy underscores ongoing confidence in the company's prospects. With a solid market cap and a history of stable dividend payments, Duke Energy remains a key player in the regulated utilities sector. Investors should note that analyst ratings and price targets are based on past performance and market conditions, and may not reflect future changes.