<p>在過去三個月中，6 位分析師對 CMS Energy（紐約證券交易所代碼：CMS）發佈了從看漲到看跌的多樣化評級。</p>
<p>下表總結了他們最近的評級，展示了過去 30 天內情緒的變化，並與前幾個月進行了比較。</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>看漲</strong></th>
<th align="right"><strong>稍微看漲</strong></th>
<th align="right"><strong>無所謂</strong></th>
<th align="right"><strong>稍微看跌</strong></th>
<th align="right"><strong>看跌</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>總評級</strong></td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>過去 30 天</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1 個月前</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2 個月前</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3 個月前</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>分析師提供了更深入的見解，設定了 12 個月的價格目標，顯示出平均目標為 77.67 美元，最高預估為 82.00 美元，最低預估為 74.00 美元。觀察到下行趨勢，目前的平均目標比之前的 79.40 美元低 2.18%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768503653_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="價格目標圖表" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768503653_0.png"/></p>
<h2>分析分析師評級：詳細分析</h2>
<p>通過最近的分析師行動，分析了金融專家對 CMS Energy 的看法。以下總結展示了關鍵分析師、他們的最新評估以及對評級和價格目標的調整。</p>
<table>
<thead>
<tr>
<th>分析師</th>
<th>分析師公司</th>
<th>採取的行動</th>
<th>評級</th>
<th>當前價格目標</th>
<th>之前價格目標</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>下調</td>
<td>超配</td>
<td>$74.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Ross Fowler</td>
<td>UBS</td>
<td>下調</td>
<td>中性</td>
<td>$77.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>下調</td>
<td>超配</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Shahriar Pourreza</td>
<td>Wells Fargo</td>
<td>宣佈</td>
<td>等權重</td>
<td>$77.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Byrd</td>
<td>Morgan Stanley</td>
<td>上調</td>
<td>等權重</td>
<td>$76.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>上調</td>
<td>超配</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<h3>關鍵見解：</h3>
<ul>
<li><strong>採取的行動：</strong> 針對動態市場條件和公司表現，分析師更新了他們的建議。無論是'維持'、'上調'還是'下調'他們的立場，都表明他們對 CMS Energy 近期發展的反應。這一見解提供了分析師對公司當前狀態的快照。</li>
<li><strong>評級：</strong> 分析師揭示了對股票的定性評估，從'跑贏大盤'到'跑輸大盤'。這些評級提供了對 CMS Energy 相對於更廣泛市場表現預期的見解。</li>
<li><strong>價格目標：</strong> 深入分析後，分析師提供了對 CMS Energy 股票未來價值的估計。這一分析揭示了分析師預期隨時間變化的趨勢。</li>
</ul>
<p>將這些分析師評估與關鍵財務指標結合起來，可以提供 CMS Energy 市場地位的全面概述。保持信息靈通，並在我們的評級表的幫助下做出明智的決策。</p>
<p>隨時瞭解 CMS Energy 分析師評級。</p>
<h2>深入瞭解 CMS Energy 的背景</h2>
<p>CMS Energy 是一家能源控股公司，擁有三大主要業務。其監管公用事業公司 Consumers Energy 為 180 萬客户提供監管天然氣服務，併為 190 萬客户提供電力服務。NorthStar Clean Energy（前 CMS Enterprises）從事批發電力生產，包括合同可再生能源。CMS 於 2021 年 10 月出售了 EnerBank。</p>
<h3>財務里程碑：CMS Energy 的歷程</h3>
<p><strong>市值分析：</strong> 公司的市值低於行業基準，反映出與同行相比規模的縮小。這一定位可能受到增長預期或運營能力等因素的影響。</p>
<p><strong>收入增長：</strong> CMS Energy 在第三季度的出色表現顯而易見。截至 2025 年 9 月 30 日，公司實現了 <strong>15.95%</strong> 的顯著收入增長率。這標誌着公司頂線收益的顯著增加。與同行相比，公司實現的增長率高於公用事業行業的平均水平。</p>
<p><strong>淨利潤率：</strong> CMS Energy 的淨利潤率超過行業基準，達到 <strong>13.61%</strong>。這表明了高效的成本管理和強健的財務健康。</p>
<p><strong>股本回報率（ROE）：</strong> CMS Energy 的 ROE 超過行業基準，達到 <strong>3.27%</strong>。這表明了強大的財務管理和有效利用股東權益資本。</p>
<p><strong>資產回報率（ROA）：</strong> CMS Energy 的 ROA 表現突出，超過行業平均水平。公司以 <strong>0.73%</strong> 的 ROA 展示了資產的有效利用和強勁的財務表現。</p>
<p><strong>債務管理：</strong> CMS Energy 的債務與股本比率低於行業平均水平。以 <strong>2.09</strong> 的比率，公司對債務融資的依賴較小，保持了債務與股本之間更健康的平衡，這對投資者來説是一個積極的信號。</p>
<h2>分析師評級的基礎知識</h2>
<p>銀行和金融系統的專家，分析師專注於特定股票或定義行業的報告。他們的全面研究包括參加公司電話會議和會議，分析財務報表，並與內部人士互動，以生成所謂的股票分析師評級。通常，分析師每季度評估和評級每隻股票一次。</p>
<p>一些分析師還提供有助於預測收益、收入和增長估計等指標的預測，以進一步指導對特定股票的操作。需要注意的是，儘管股票和行業分析師是專家，但他們也是人，只能將自己的信念預測給交易者。</p>
<p>本文由 Benzinga 的自動內容引擎生成，並由編輯審核。</p>

<p>在過去三個月中，六位分析師對 CMS Energy（紐約證券交易所代碼：CMS）進行了評級，顯示出看漲和看跌情緒的混合。12 個月的平均目標價為 77.67 美元，比之前的目標下降了 2.18%。主要分析師調整了他們的評級，有些下調了目標價，而另一些則上調了。CMS Energy 展現出強勁的財務表現，收入增長率為 15.95%，淨利潤率為 13.61%。該公司保持健康的債務與股本比率為 2.09，表明其債務管理有效。總體而言，分析師對 CMS Energy 的市場地位和未來預期提供了見解</p>

<p>Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on CMS Energy (NYSE: CMS) in the last three months.</p>
<div class="lb-trans"><p>在過去三個月中，6 位分析師對 CMS Energy（紐約證券交易所代碼：CMS）發佈了從看漲到看跌的多樣化評級。</p>
</div><p>The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.</p>
<div class="lb-trans"><p>下表總結了他們最近的評級，展示了過去 30 天內情緒的變化，並與前幾個月進行了比較。</p>
</div><table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th align="right"><strong>看漲</strong></th>
<th align="right"><strong>稍微看漲</strong></th>
<th align="right"><strong>無所謂</strong></th>
<th align="right"><strong>稍微看跌</strong></th>
<th align="right"><strong>看跌</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>總評級</strong></td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>過去 30 天</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1 個月前</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2 個月前</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3 個月前</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
</div><p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.67, along with a high estimate of $82.00 and a low estimate of $74.00. Observing a downward trend, the current average is 2.18% lower than the prior average price target of $79.40.</p>
<div class="lb-trans"><p>分析師提供了更深入的見解，設定了 12 個月的價格目標，顯示出平均目標為 77.67 美元，最高預估為 82.00 美元，最低預估為 74.00 美元。觀察到下行趨勢，目前的平均目標比之前的 79.40 美元低 2.18%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1768503653_0.png" alt="price target chart" original-src="https://www.benzinga.com/files/images/story/2026/1768503653_0.png"/></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<div class="lb-trans"><h2>分析分析師評級：詳細分析</h2>
</div><p>The perception of CMS Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<div class="lb-trans"><p>通過最近的分析師行動，分析了金融專家對 CMS Energy 的看法。以下總結展示了關鍵分析師、他們的最新評估以及對評級和價格目標的調整。</p>
</div><table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$74.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Ross Fowler</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$77.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Shahriar Pourreza</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$77.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Byrd</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$76.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>分析師</th>
<th>分析師公司</th>
<th>採取的行動</th>
<th>評級</th>
<th>當前價格目標</th>
<th>之前價格目標</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>下調</td>
<td>超配</td>
<td>$74.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Ross Fowler</td>
<td>UBS</td>
<td>下調</td>
<td>中性</td>
<td>$77.00</td>
<td>$81.00</td>
</tr>
<tr>
<td>Jeremy Tonet</td>
<td>JP Morgan</td>
<td>下調</td>
<td>超配</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Shahriar Pourreza</td>
<td>Wells Fargo</td>
<td>宣佈</td>
<td>等權重</td>
<td>$77.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Byrd</td>
<td>Morgan Stanley</td>
<td>上調</td>
<td>等權重</td>
<td>$76.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Nicholas Campanella</td>
<td>Barclays</td>
<td>上調</td>
<td>超配</td>
<td>$82.00</td>
<td>$78.00</td>
</tr>
</tbody>
</table>
</div><h3>Key Insights:</h3>
<div class="lb-trans"><h3>關鍵見解：</h3>
</div><ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to CMS Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of CMS Energy compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of CMS Energy's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>採取的行動：</strong> 針對動態市場條件和公司表現，分析師更新了他們的建議。無論是'維持'、'上調'還是'下調'他們的立場，都表明他們對 CMS Energy 近期發展的反應。這一見解提供了分析師對公司當前狀態的快照。</li>
<li><strong>評級：</strong> 分析師揭示了對股票的定性評估，從'跑贏大盤'到'跑輸大盤'。這些評級提供了對 CMS Energy 相對於更廣泛市場表現預期的見解。</li>
<li><strong>價格目標：</strong> 深入分析後，分析師提供了對 CMS Energy 股票未來價值的估計。這一分析揭示了分析師預期隨時間變化的趨勢。</li>
</ul>
</div><p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of CMS Energy's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<div class="lb-trans"><p>將這些分析師評估與關鍵財務指標結合起來，可以提供 CMS Energy 市場地位的全面概述。保持信息靈通，並在我們的評級表的幫助下做出明智的決策。</p>
</div><p>Stay up to date on CMS Energy analyst ratings.</p>
<div class="lb-trans"><p>隨時瞭解 CMS Energy 分析師評級。</p>
</div><h2>Delving into CMS Energy's Background</h2>
<div class="lb-trans"><h2>深入瞭解 CMS Energy 的背景</h2>
</div><p>CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.</p>
<div class="lb-trans"><p>CMS Energy 是一家能源控股公司，擁有三大主要業務。其監管公用事業公司 Consumers Energy 為 180 萬客户提供監管天然氣服務，併為 190 萬客户提供電力服務。NorthStar Clean Energy（前 CMS Enterprises）從事批發電力生產，包括合同可再生能源。CMS 於 2021 年 10 月出售了 EnerBank。</p>
</div><h3>Financial Milestones: CMS Energy's Journey</h3>
<div class="lb-trans"><h3>財務里程碑：CMS Energy 的歷程</h3>
</div><p><strong>Market Capitalization Analysis:</strong> Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.</p>
<div class="lb-trans"><p><strong>市值分析：</strong> 公司的市值低於行業基準，反映出與同行相比規模的縮小。這一定位可能受到增長預期或運營能力等因素的影響。</p>
</div><p><strong>Revenue Growth:</strong> CMS Energy's remarkable performance in 3M is evident. As of 30 September, 2025, the company achieved an impressive revenue growth rate of <strong>15.95%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Utilities sector.</p>
<div class="lb-trans"><p><strong>收入增長：</strong> CMS Energy 在第三季度的出色表現顯而易見。截至 2025 年 9 月 30 日，公司實現了 <strong>15.95%</strong> 的顯著收入增長率。這標誌着公司頂線收益的顯著增加。與同行相比，公司實現的增長率高於公用事業行業的平均水平。</p>
</div><p><strong>Net Margin:</strong> CMS Energy's net margin excels beyond industry benchmarks, reaching <strong>13.61%</strong>. This signifies efficient cost management and strong financial health.</p>
<div class="lb-trans"><p><strong>淨利潤率：</strong> CMS Energy 的淨利潤率超過行業基準，達到 <strong>13.61%</strong>。這表明了高效的成本管理和強健的財務健康。</p>
</div><p><strong>Return on Equity (ROE):</strong> CMS Energy's ROE excels beyond industry benchmarks, reaching <strong>3.27%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<div class="lb-trans"><p><strong>股本回報率（ROE）：</strong> CMS Energy 的 ROE 超過行業基準，達到 <strong>3.27%</strong>。這表明了強大的財務管理和有效利用股東權益資本。</p>
</div><p><strong>Return on Assets (ROA):</strong> CMS Energy's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>0.73%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<div class="lb-trans"><p><strong>資產回報率（ROA）：</strong> CMS Energy 的 ROA 表現突出，超過行業平均水平。公司以 <strong>0.73%</strong> 的 ROA 展示了資產的有效利用和強勁的財務表現。</p>
</div><p><strong>Debt Management:</strong> CMS Energy's debt-to-equity ratio is below the industry average. With a ratio of <strong>2.09</strong>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<div class="lb-trans"><p><strong>債務管理：</strong> CMS Energy 的債務與股本比率低於行業平均水平。以 <strong>2.09</strong> 的比率，公司對債務融資的依賴較小，保持了債務與股本之間更健康的平衡，這對投資者來説是一個積極的信號。</p>
</div><h2>The Basics of Analyst Ratings</h2>
<div class="lb-trans"><h2>分析師評級的基礎知識</h2>
</div><p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<div class="lb-trans"><p>銀行和金融系統的專家，分析師專注於特定股票或定義行業的報告。他們的全面研究包括參加公司電話會議和會議，分析財務報表，並與內部人士互動，以生成所謂的股票分析師評級。通常，分析師每季度評估和評級每隻股票一次。</p>
</div><p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<div class="lb-trans"><p>一些分析師還提供有助於預測收益、收入和增長估計等指標的預測，以進一步指導對特定股票的操作。需要注意的是，儘管股票和行業分析師是專家，但他們也是人，只能將自己的信念預測給交易者。</p>
</div><p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>
<div class="lb-trans"><p>本文由 Benzinga 的自動內容引擎生成，並由編輯審核。</p>
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CMS Energy 在分析師眼中的地位如何