DUK · News · 20261013N

Quarterly Earnings Performance

Duke Energy CORP · 2026-10-13 · Importance 23 · Surprise 22 · In source text

Duke Energy’s second-quarter 2026 diluted EPS increased 10.4% to $1.38. Jefferies attributed the earnings framework more to rate increases and riders than to top-line expansion. Jefferies consequently lowered its Duke Energy price target from $129 to $121 while maintaining a Hold rating.

Key facts

• Eligible Duke Energy Florida customers using a Level 2 charger can earn a $7.50 credit on their monthly electric bills for charging their EVs during off-peak hours. source
• The Duke Energy Florida Off-Peak Charging Credit program is open to all residential customers with up to two EVs. source
• As of Oct. 10, Duke Energy had restored approximately 10,000 customers in North Florida following Hurricane Isaias. source
• Since the Off-Peak Charging Credit program launched in 2022, enrolled Duke Energy Florida customers have received a collective $1.5 million in bill credits. source
• Duke Energy Florida defines off-peak hours for the credit program as 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m. Monday through Friday and anytime on weekends and holidays. source
• Jefferies has lowered its price target for Duke Energy stock from USD 129.00 to USD 121.00 while maintaining a Hold rating. source
• JPMorgan has adjusted its price target for Duke Energy to $130, down from the previous target of $137. source
• KeyBanc Capital has lowered its price target for Duke Energy from $139 to $128. source

Impact estimates