Key Takeaways for Dominion Energy Stock as of August 2026
- With 2 buys, 1 outperform, 12 holds, and zero sells among 16 analysts, Wall Street’s mean price target of $72 leaves a 10% gap to Dominion Energy stock’s current $66.
- TIKR’s mid-case model prices Dominion Energy stock at $94 by December 2030, a 43% total return that works out to 9% annualized.
- Revenue grew 18% year over year in Q2 while the Street beat fell by $440 million, yet consensus models only 6% growth through fiscal 2027, making Dominion Energy stock look undervalued against its own demand pipeline.
- Following Q2 results on July 31, Dominion reported 53.8 GW of contracted data center capacity, up 5.3 GW in a single quarter.
Dominion Energy stock sits 10% below its mean analyst target while revenue keeps outpacing estimates. Analyze D stock on TIKR for free →
Dominion Energy (D) Beats Q2 Revenue by 11% as Data Center Contracts Swell to 54 GW
Dominion Energy (D) posted Q2 2026 operating earnings of $0.79 per share on July 31, beating the $0.68 consensus by 16%, while revenue of $4.48 billion topped the Street’s $4.04 billion estimate by 11%.
That beat came almost entirely from Virginia, where adjusted operating earnings rose 22% to $670 million as data center interconnection requests continued to pile up.
By July, Dominion had contracted 53.8 GW of data center capacity in its Virginia territory, adding 5.3 GW in just the first half of 2026. Scott Gaskill, VP of regulatory affairs for Virginia Electric, framed the buildout’s economics on July 28: “Every megawatt-hour generated by company-owned resources reduces the need to purchase energy from the PJM market.” That distinction matters because Virginia Electric already buys 23% of its energy from the PJM wholesale market, up from 14% in 2021, and fuel costs have risen 88% over the same period.
But cost pressures aren’t sitting on the sidelines. Operating expenses surged 53% year over year to $4.15 billion, driven by higher fuel purchases, grid upgrades, and storm restoration.
Layered on top of all this is the pending $66.8 billion NextEra Energy merger, announced in May, which faces a Sept. 3 shareholder vote and regulatory opposition from Virginia Governor Abigail Spanberger, who formally intervened in the review on Aug. 6. TD Cowen upgraded Dominion Energy stock to buy on Aug. 19 with an $80 target, citing the combined entity’s generation buildout potential.
Dominion reaffirmed full-year 2026 operating earnings guidance of $3.45 to $3.69 per share, with a $3.57 midpoint.
Dominion Energy stock beat Q2 revenue estimates by $440 million while data center demand hit 54 GW. See the full estimates breakdown for D on TIKR for free →
15 of 16 Analysts Rate Dominion Energy Stock Hold or Better at a $72 Mean Target
Wall Street’s consensus on Dominion Energy stock skews cautious: 15 of 16 analysts rate the stock hold or better, but only 3 carry outright buy or outperform ratings. The mean target of $72 sits 10% above the current $66 price, with the high estimate at $80 and the low at $66.
TD Cowen’s August upgrade to buy with an $80 price target marked the first bullish call on Dominion Energy stock since the NextEra merger announcement in May.
Wall Street Expects Dominion Energy Stock’s Revenue to Grow 18% in Fiscal 2026 Before Slowing Sharply
Dominion delivered $4.48 billion in Q2 revenue, a 17.6% year-over-year increase that extended a four-quarter streak of double-digit growth stretching back to Q3 2025’s 14.9%.
Yet consensus estimates project a steep deceleration starting in Q3 2026, with revenue growth dropping to 8% on a $4.90 billion figure before slipping further to 6% in Q4 2026 at $4.32 billion.
By fiscal 2027, the Street models a sustained 6-7% revenue growth rate across all four quarters, putting the Q1 2027 estimate at $5.37 billion and Q2 2027 at $4.72 billion.
Whether that deceleration holds depends on the Sept. 3 shareholder vote and subsequent regulatory decisions: if the NextEra merger clears, the combined company’s $59 billion annual capex plan through 2032 could sustain double-digit revenue growth far longer than the Street currently models.
TIKR Values Dominion Energy Stock at $94, Pricing in Data Center Demand the Street Discounts
TIKR’s mid-case model values Dominion Energy at $94 by December 2030, a 43% total return from the current price of $66, or 9% annualized over 4.3 years.
That 9% annualized return exceeds the typical regulated utility’s 5-7% total return profile, reflecting TIKR’s view that Dominion Energy stock carries a growth premium the market hasn’t fully priced.
The model’s mid-case revenue CAGR of 7% through 2035 sits above the Street’s 6% consensus for fiscal 2027, anchored by a data center pipeline that added 5.3 GW in a single quarter and showed no signs of slowing as of July.
Dominion Energy stock’s TIKR model sees $94 and a 43% total return by 2030. Explore the full valuation model for D on TIKR for free →
Should You Invest in Dominion Energy Inc.?
The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.
Pull up Dominion Energy Inc. stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.
You can build a free watchlist to track Dominion Energy Inc. alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
