timothy sykes logo
DT Midstream Stock Rises As Jefferies Hikes Price Target Thumbnail
G Google News

DT Midstream Stock Rises As Jefferies Hikes Price Target

JACK KELLOGG•UPDATED OCT. 18, 2026, 11:06 AM ET
Reviewed by Ellis Hobbsand Fact-checked by Matt Monaco

DT Midstream Inc. stocks have been trading up by 4.09 percent amid bullish sentiment on stable midstream energy demand.

Market Insights For DTM Traders

  • Jefferies raised its price target on DT Midstream to $150 from $145 and reiterated a Buy rating, leaning on growing gas demand from utilities and data centers and a clearer growth runway beyond 2030.
  • Scotiabank inched its target down from $168 to $165 but kept an Outperform rating, flagging softer second-half momentum and flat-to-down earnings revisions despite strong commodity prices.
  • Barclays trimmed its target to $142 from $143 and held an Equal Weight view, wanting more proof that the company can convert rising gas and power demand into outsized returns versus peers.
  • UBS still sees a Buy with a $170 target even as it models a modest Q3 EBITDA dip from maintenance and seasonal softness, backing a strong committed backlog and upcoming project updates.
  • The company’s latest Corporate Sustainability Report leans into ESG achievements and rising global energy demand, while Q3 2026 results are due pre-market on 2026/10/29, a key near-term catalyst.

Candlestick Chart

Weekly Update Oct 12 – Oct 16, 2026: On Sunday, October 18, 2026 DT Midstream Inc. stock [NYSE: DTM] is trending up by 4.09%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Energy industry expert:

Analyst sentiment – positive

DT Midstream occupies a strong position among US gas midstream operators, combining high-quality contracted assets with premium margins: EBIT margin at 61.8% and EBITDA margin at 83.5% are top-tier for the group. Revenue growth of 9.9–12.4% over 5/3 years is well above typical pipeline peers, though an asset turnover of 0.1 and ROE of ~9–10% confirm a capital-intensive, steady-return profile. Valuation is rich at ~27x P/E and 9.7x sales, partly offset by moderate leverage (D/E 0.71) and a 2.8–2.9% dividend yield with mid‑single‑digit growth.

Weekly prints show a pullback from 126.55 to 118.81 followed by a sharp rebound toward 123.67, indicating buyers defending the low‑120s after a brief shakeout. Intraday 5‑minute candles (with heavier volume on bounces vs. dips) confirm demand stepping in above 118–120. The dominant trend remains medium‑term up, with a recent consolidation. Actionable level: 118–120 is strong support; aggressive entries near 120 with a stop below 118 and first target at 130 offer an attractive risk‑reward.

Near term, the setup is driven by visible volume growth and an expanding project backlog tied to utility and data‑center gas demand, with Jefferies and UBS both reinforcing a Buy stance and targets up to $170. Slight target cuts from Scotiabank and Barclays reflect near‑term moderation versus a still‑constructive long‑term runway. Versus Energy and Fossil Fuels benchmarks, DTM offers superior earnings visibility and ESG positioning. Preferred stance: accumulate with support at 118, major resistance near 135, 12‑month fair value at $145–150.

More Breaking News

Quick Financial Overview

DT Midstream Inc. (DTM) is trading in a zone that reflects both strong expectations and some near-term caution. Weekly data show price pressure from a high around $126.55 down toward $118.81 before rebounding to $123.67, which signals active two-way trade rather than a clean trend. Intraday, the stock shook off an early low near $119.06 and pushed to about $124.17 before closing close to the weekly rebound level, a constructive intraday recovery that supports the bullish analyst tone.

On the fundamental side, DTM runs very high-margin midstream operations. EBIT margins above 60% and EBITDA margins in the 80% range point to a very profitable asset base. Revenue sits around $1.243B with double-digit growth over three and five years, which lines up with Street calls for a long runway as gas demand from utilities and data centers expands. Return on equity near 9% is solid for a capital-heavy business, and debt metrics, including total debt-to-equity around 0.71 and a current ratio of 1.4, suggest a balanced balance sheet.

Valuation is not cheap. A P/E near 27.2 and price-to-sales around 9.66 place DTM firmly in the quality-premium bucket; traders are paying for visible cash flows and contracted growth. Price-to-book of 2.65 and price-to-cash-flow around 14.3 back that premium story but also limit margin for error into earnings. A dividend yield near 2.85% adds carry, yet for short-term traders the more important piece is whether upcoming Q3 numbers and project updates justify those elevated multiples against the backdrop of only modest short-term EBITDA softness expected by UBS.

Conclusion

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

Once you’ve got some stocks on watch, elevate your trading game with StocksToTrade the ultimate platform for traders. With specialized tools for swing and day trading, StocksToTrade will guide you through the market’s twists and turns.
Dig into StocksToTrade’s watchlists here:

How much has this post helped you?

(0 votes, average: 0 out of 5)
Leave a reply

* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”