Energy Transfer stock has drawn renewed analyst attention amid a strong outlook for the midstream energy operator, with consensus price targets reflecting optimism about the company’s earnings growth and capital returns.

Multiple analysts have upgraded their outlooks on Energy Transfer (ET) in recent months, citing improved earnings forecasts and a robust pipeline of projects. According to aggregated analyst data, the consensus 12-month price target stands near $23.45, with projections ranging from $21 to $27, suggesting potential upside from recent trading levels around $19.66 as of early July 2026.

In May 2026, Energy Transfer raised its full-year adjusted EBITDA guidance to $18.2 billion to $18.6 billion, up from prior…