Wells Fargo has initiated coverage on Duke Energy Corp (DUK) with an Equal-Weight rating as of October 27, 2025. This marks the firm's initial assessment of the company, reflecting its research and analysis of Duke Energy's business and industry dynamics.
Duke Energy, headquartered in Charlotte, North Carolina, operates in the utilities sector, focusing on the distribution of natural gas and energy-related services. The company has a market capitalization of $96.2 billion and a P/E ratio of 19.83, with an EPS of 6.26. Its dividend yield stands at 343.5%.
The upcoming earnings report is scheduled for August 2, 2026, with an estimated EPS of $1.29 and revenue of $7.4 billion. Recent earnings performance indicates a Q3 2025 EPS of $1.81, surpassing estimates by 2.5%.
Analyst consensus as of November 1, 2025, includes 4 Strong Buy, 10 Buy, 13 Hold, and 1 Sell ratings across 28 analysts, with a consensus rating of Buy. Recent analyst actions reflect varied perspectives, with Wells Fargo's initiation underscoring a strategic entry point for investors considering Duke Energy's market position.