Duke Energy (DUK) Price Target Lowered by $5

Duke Energy (DUK) Price Target Lowered by $5 Sultan Khalid Sun, May 24, 2026 at 7:30 PM GMT+2 2 min read DUK DUK-PA With an annual dividend yield of 3. 42%, Duke Energy Corporation (NYSE: DUK ) is included among the  12 Best Dividend Stocks to Invest in According to Hedge Funds . Duke Energy (DUK) Price Target Lowered by $5 Pixabay/Public Domain Duke Energy Corporation (NYSE:DUK) engages in the distribution of natural gas and energy-related services.

The company owns and operates a diverse mix of regulated power plants – including hydro, coal, nuclear, natural gas, solar, and battery storage. On May 18, Truist analyst Richard Sunderland lowered the firm’s price target on Duke Energy Corporation (NYSE:DUK) from $142 to $137, but kept a ‘Buy’ rating on the shares. The trimmed target, which still indicates an upside of 10% from the current levels, came as part of a broader research note revising the analyst firm’s models in the Power and Utilities group ahead of the American Gas Association’s Financial Forum.

As we stand in the third year of the data center wave, investments and growth expectations across the sector continue to rise. Truist believes that integrated electric utilities are the key beneficiaries in the current scenario, given their role in building the infrastructure to serve the soaring energy demand. Duke Energy Corporation (NYSE:DUK) continues to benefit from the AI boom and signed an additional 2.

7 GW of electric service agreements with data center customers during Q1, bringing its total executed agreements to around 7. 6 GW. Moreover, the utility announced that it was in advanced discussions on ​an additional 15.

4 GW of data centers. Duke Energy Corporation (NYSE:DUK) was also recently included in our list of the  12 Best Electric Utility Stocks to Buy for the Data Center Power Surge . While we acknowledge the potential of DUK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock . READ NEXT:  Top 12 Undervalued Dividend Stocks to Buy Now  and  12 Best Blue Chip Dividend Stocks to Buy Now Disclosure: None. Follow Insider Monkey on Google News .