Duke Energy Corporation (DUK) earnings on August 4, 2026

Before the market opens Q2 2026

More Duke Energy Corporation earnings

Prior outlook: No statistical edge

The stock closed slightly higher after the company reported quarterly profit that beat expectations, though sales fell short. The market showed a muted reaction despite the earnings beat and new data center agreements.

DUK price around the earnings

124.27

Change: +0.0%

2026-08-04, 20:00 UTC

Start of the measured window End of the measured window
122.00 123.00 124.00 125.00 124.21
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 4, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: No statistical edge

Thesis published
Results released

Mixed contexts, neutral near-term outlook

Experts note a strong recent earnings beat record and an analyst upgrade, but recent trend strength is negative and expectations have cooled, leading to a balanced outlook.

Context analyzed before publication

Summary
Mixed contexts, neutral near-term outlook
Playbook
The stock has shown strong historical performance but has recently lost trend strength, underperforming the market. It is market review near resistance, which may limit further gains.
Trend
Expectations cooled after initial optimism

Analysts

Drivers

  • Analysts Positive

    Keybanc upgraded to Overweight with a $139 price target, citing a price about 11.7% above the current price.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.13
Analysts covering the stock
19
Average price target
138.84
Lowest price target
131
Highest price target
146
Upside to price target
11.7%
Quarterly earnings growth
12.4%
Revenue growth
11.3%
Forward EPS
7.17
Trailing EPS
6.5
Analyst moves in the last 60 days
6
  • Strong buy: 2
  • Buy: 9
  • Hold: 12
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
9
Hold
12
Sell
0
Strong sell
0
  • July 23, 2026 · Keybanc: Upgrades rating (Sector Weight → Overweight)
  • July 20, 2026 · BMO Capital: Maintains rating (Outperform → Outperform)
  • July 17, 2026 · Truist Securities: Maintains rating (Buy → Buy)
  • July 16, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
  • June 18, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • June 18, 2026 · Mizuho: Maintains rating (Outperform → Outperform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
News
Sources (6)

Technicals

Drivers

  • Technical Negative

    Trend strength is negative over the past two weeks and month, and the stock is underperforming the S&P 500.

Evidence

Price when the context was analyzed
124.24
Average true range (ATR)
1.9%
Distance to 52-week high
-5.2%
14-day change (14d)
-1.3%
30-day change (32d)
-4.1%
30-day relative strength
-5.8%
SPY change (32d)
+1.7%
Nearest support
123.95
Distance to nearest support
0.2%
Nearest resistance
124.51
Distance to nearest resistance
0.2%
Volume accumulation ratio (14d / 46d)
1.14
  • Major: 123.95 (0.2% away, 0.12 ATR, 46 touches)
  • Major: 123.41 (0.7% away, 0.35 ATR, 48 touches)
  • Major: 121.86 (1.9% away, 0.99 ATR, 51 touches)
  • Major: 124.51 (0.2% away, 0.11 ATR, 48 touches)
  • Minor: 125.2 (0.8% away, 0.4 ATR, 9 touches)
  • Major: 125.87 (1.3% away, 0.68 ATR, 38 touches)

Trends

Evidence

Average earnings surprise
+4.4%
  • May 5, 2026: actual EPS 1.93 vs estimate 1.8 (surprise +7.2%)
  • February 10, 2026: actual EPS 1.5 vs estimate 1.49 (surprise +0.5%)
  • November 7, 2025: actual EPS 1.81 vs estimate 1.75 (surprise +3.5%)
  • August 5, 2025: actual EPS 1.25 vs estimate 1.17 (surprise +6.4%)

Expected move

Drivers

  • Past earnings Positive

    A strong recent beat rate with an average surprise of +4.4% indicates strong historical performance.

Implied move
+1.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
1.5%
75th percentile move
1.9%
90th percentile move
2.8%
Up / down moves
9 / 11
Average up move
+1.3%
Average down move
-1.6%

Monitoring and close

What Duke Energy Corporation reported

Status
Finished
Actual EPS1.43
EPS estimate1.3
EPS surprise+10.0%
Revenue$7,592 million
Revenue estimate$7,680 million
Revenue surprise-1.1%

Duke Energy beats Q2 earnings estimates despite revenue miss. Energy stocks decline in afternoon market review. The 2026 guidance remains unchanged, with the dividend still highlighted.

Sources (9)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on earnings but not on revenue, and the price is indicating -0.2% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Consolidated
+0.2%
Max move
-1.9%

No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.