Dominion Energy, Inc. (D) is a leading U.S. energy company with a market cap of $60.3 billion. Headquartered in Richmond, Virginia, it provides regulated electricity and natural gas services to millions of customers across Virginia, North Carolina, and South Carolina. The company is also a major developer of regulated offshore wind and solar power and is committed to delivering reliable, affordable, and increasingly clean energy.
Shares of the energy company have underperformed the broader market over the past 52 weeks. Dominion Energy stock has returned 11.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.5%. However, shares of the company are up 17% on a YTD basis, outpacing SPX's 10.6% gain.
Looking closer, shares of the energy company have outperformed the State Street Utilities Select Sector SPDR ETF's (XLU) 2% dip over the past 52 weeks.
On Oct. 30, Dominion Energy released its Q3 2026 earnings, and its shares climbed 2.3%. Its operating revenue increased 24.1% year-over-year to $5.62 billion, and operating income rose 37.6% to $1.84 billion. Non-GAAP earnings rose 20.8% year over year to $1.28 per share.
For the fiscal year ending in December 2026, analysts expect Dominion Energy's EPS to grow 5% year over year to $3.59. The company's earnings surprise history is promising. It beat the consensus estimates in each of the last four quarters.
Among the 17 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on four “Strong Buy” ratings and 13 “Holds.”
This consensus is bullish than two months ago, when the stock had an overall “Hold” rating.
On November 2, 2026, Mizuho raised its price target to $68 from $67, maintaining a “Neutral” rating following Dominion's third-quarter earnings beat
The mean price target of $69.92 represents a 2% premium to D’s current price levels. The Street-high price target of $87 suggests a 27.5% potential upside.