DTM - DT Midstream, Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$153.43
DETAILS
HIGH:
$176.00
LOW:
$127.00
MEDIAN:
$155.00
CONSENSUS:
$153.43
UPSIDE:
15.78%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
80% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
4.43$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
29.9x
Plain-Language Summary
Applying a 15x P/E to adjusted EPS of $4.43, the base-case value is $66.45 per share. DDM cross-check: $253.45.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (14 analysts)
$153.43
Analyst Range
$127.00 – $176.00
Divergence from AlphaVal
57%
Warnings
Dividend-based valuation: $253.45 (above our primary estimate by 281%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $153.43 (from 14 analysts). Our estimate is 57% below the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples