15 Best Power Generation Stocks To Buy For Data Center Demand

10. DTE Energy Company (NYSE:DTE)

On May 4, 2026, Barclays lowered its price target on DTE Energy Company (NYSE:DTE) to $154 from $156 and maintained an Equal Weight rating following the company’s Q1 report. The firm said a potential pause in the electric rate case could be positive, though not enough to materially change its investment thesis. Mizuho, meanwhile, raised its price target on DTE Energy Company (NYSE:DTE) to $165 from $155 previously and kept an Outperform rating on the shares.

On April 30, 2026, DTE Energy Company (NYSE:DTE) reported Q1 operating EPS of $1.95 versus $2.03 consensus. CEO Joi Harris said the company remains focused on improving reliability, modernizing infrastructure, and expanding clean energy resources while supporting economic growth in Michigan, including increased investment tied to data centers. DTE maintained its 2026 operating EPS outlook of $7.59-$7.73, compared to consensus estimates of $7.72.

Earlier in April, BofA raised its price target on DTE Energy Company (NYSE:DTE) to $162 from $155 and maintained a Buy rating ahead of earnings, while forecasting Q1 operating EPS slightly below consensus.

DTE Energy Company (NYSE:DTE) operates energy-related businesses and services in the United States.