
DT Midstream (DTM) Stock Forecast & Price Target
DT Midstream (DTM) Analyst Ratings
Bulls say
DT Midstream's Pipeline EBITDA is projected to constitute approximately 66% of the company's estimated 2025 EBITDA, indicating a stronger reliance on this segment compared to previous forecasts. The company expects free cash flow after dividends to rise significantly to around $240 million, bolstered by moderating capital expenditures and a robust demand environment, particularly in the Haynesville region. Furthermore, with a $2.3 billion backlog of projects expected to yield a strong EBITDA multiple and a manageable leverage ratio forecasted at 3.7x for year-end 2025, the fundamentals support a positive outlook for DT Midstream's financial performance.
Bears say
DT Midstream Inc's stock outlook reflects significant vulnerabilities, particularly due to its heavy reliance on Southwestern Energy for the bulk of its revenue, which exposes it to risks associated with customer concentration. The company has reported fourth-quarter results that fell short of expectations, further compounded by a midpoint EBITDA guidance that did not meet prior forecasts, indicating potential challenges in revenue generation and financial performance. Additionally, looming industry risks such as the potential for a recession impacting hydrocarbon demand, increased regulatory burdens, and rising interest rates could further strain the company's financial stability and equity valuations.
This aggregate rating is based on analysts' research of DT Midstream and is not a guaranteed prediction by Public.com or investment advice.
DT Midstream (DTM) Analyst Forecast & Price Prediction
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