$DUK

Duke Energy (DUK) reported Q2 2026 earnings of $1.43 per share, beating expectations despite lower revenues and higher interest expenses. The stock has underperformed recently, with a 30-day return of -3.7% and a 90-day return of -1.5%. Analysts debate its valuation, with some arguing it's undervalued at $120.22 per share due to long-term capital projects and grid investments, while others suggest it's overvalued based on discounted cash flow models.

Duke Energy (DUK) reported Q2 2026 earnings of $1.43 per share, beating expectations, though revenue slightly missed forecasts. The company plans to cut customer rates in Florida in 2027 due to lower fuel costs and tax benefits. Duke projects $37.7B revenue and $6.4B earnings by 2029, requiring 4.8% yearly revenue growth. Rising interest expenses remain a key risk.

The U.S. Department of Energy issued an emergency order to Duke Energy Carolinas to secure additional generation and backup resources amid extreme heat and high electricity demand. Duke forecasted peak demand of 22,295 MW on September 3 and 21,773 MW on September 4, with 2,677 MW of extra capacity secured. The order allows Duke to dispatch specified units and use backup generation to maintain grid reliability.

Duke Energy (DUK), a $93.9B market cap utility company, has underperformed the Nasdaq Composite over the past year, with a 1.1% decline compared to the index's 23.2% gain. DUK's stock is down 10.4% from its 52-week high, trading below its 200-day and 50-day moving averages. Q2 2026 earnings showed mixed results, with revenue missing estimates but adjusted EPS beating them. Analysts have a 'Moderate Buy' consensus, with a mean price target of $137.10, implying 13.7% upside.

Duke Energy (DUK), Southern Company (SO), and Consolidated Edison (ED) report strong earnings and dividend growth. Duke's Q2 EPS beat estimates, with management reaffirming full-year guidance. Southern's Q2 EPS also exceeded expectations, and Con Edison extended its 52-year dividend increase streak. All three companies benefit from regulated cash flows and long-term growth plans.

Duke Energy Florida has requested a rate reduction for 2027, pending approval. Residential customers may see a $0.71 monthly decrease, while commercial and industrial customers could see reductions of 0.8% to 3.6%. The company attributes this to lower fuel costs and tax strategies, despite some infrastructure investment increases. Duke Energy (DUK) aims to deliver $50 million in customer savings next year.

Amazon and Duke Energy received air quality permits for operations at an Amazon data center in North Carolina. Amazon's permit allows 588 backup engines, while Duke Energy's permit covers 57 temporary bridge power engines. Permits include emissions caps, monitoring, and compliance requirements. Public concerns were addressed, and modeling shows emissions will meet health standards. Amazon plans a $10B investment in the data center.

Duke Energy (DUK) released a report estimating that St. Petersburg could face costs between $2.7B and $4.1B to split off and form a city-run electric utility. The report, by Concentric Energy Advisors, suggests such a move would be 'unaffordable and irresponsible,' potentially leading to higher taxes or reduced services. Local organizers question the report's credibility, citing the consultant's history of high estimates for similar cases. Duke defends the methodology, emphasizing the complexity

St. Petersburg groups are petitioning to create a city-owned utility, aiming to replace Duke Energy Florida. The city council approved a $590,000 study, expected in 2027. Duke Energy's rates in Florida rose 49% from 2020 to 2026. Duke estimates a potential cost of $2.7B-$4.1B for the city to take over its grid, while campaigners cite lower costs in other cases.

North Carolina approved permits for Amazon and Duke Energy to operate 649 diesel generators at an Amazon data center. The permits cap emissions and meet air quality standards, but environmental groups oppose the decision, citing health risks. Amazon plans a $10B campus, which will be Duke Energy's largest customer.