Dominion Energy has beaten earnings expectations in all four of the last four quarters and is growing revenue at a pace that leads its utility peers, but the stock has moved above its near-term resistance target, free cash flow is deeply negative despite strong accounting margins, and the dividend yield may be uncovered by cash generation.
Thesis pillars
- Perfect Earnings Beat Streak→Stable
- Negative Free Cash Flow Dividend Risk→Stable
- Above Target Limited Near Term Upside→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 23, 2026
Dominion Energy, Inc. (D) Stock Analysis
Momentum Cont setup
Utilities · Utilities - Regulated Electric
Wait for pullback to $63.19. Price sits above the model's entry target of $63.19; the risk/reward becomes favorable on a pullback. Key risks: Concentration risk — Geographic: Virginia (80.0%); Concentration risk — Regulatory: state-regulated utility operations (95.0%).
Dominion Energy serves approximately 4.1 million electric customers in Virginia, North Carolina, and South Carolina with 30.7 GW of generating capacity. About 95% of earnings come from state-regulated utility operations with rates set by state commissions and FERC. A $65 billion... Read more
Wait for pullback to $63.19. Price sits above the model's entry target of $63.19; the risk/reward becomes favorable on a pullback. Key risks: Concentration risk — Geographic: Virginia (80.0%); Concentration risk — Regulatory: state-regulated utility operations (95.0%). Chart setup: Trend continuation, RSI 63, MACD bullish. Earnings in 1 day. Wait until post-earnings. Score 5.2/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 1d<=7d. Suitability: moderate.
Recent developments
updated 2026-10-29Recent Developments — Dominion Energy, Inc.
Latest news
- NEWS Swapping Dominion For WEC Energy Group (NYSE:WEC) - Seeking Alpha — Seeking Alpha neutral
- NEWS D|Dominion Energy Inc|Price:70.650|Chg%:+0.380 - TradingKey — TradingKey neutral
- NEWS Dominion Energy continues loss for seven straight sessions - MSN — MSN negative
- NEWS Dominion Energy (NYSE:D) Share Price, Forecast & Analysis - Stocks Down Under — Stocks Down Under neutral
- NEWS Dominion Energy (D) Rises As Market Takes a Dip: Key Facts - Yahoo Finance — Yahoo Finance positive
Generated 2026-10-29T11:48:39Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicVirginia80%10-K Item 1: 'Approximately 80% of revenue comes from serving Virginia jurisdictional customers'
- MEDIUMCustomerdata centers28%10-K Item 1: 'Data centers represent 28% and 26% of Virginia Power's electricity sales for the years ended December 31, 2025 and 2024, respectively'
- HIGHregulatorystate-regulated utility operations95%10-K Item 1: 'approximately 95% of earnings to come from state-regulated utility operations in Virginia, North Carolina and South Carolina'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $63.19. Price sits above the model's entry target of $63.19; the risk/reward becomes favorable on a pullback. Key risks: Concentration risk — Geographic: Virginia (80.0%); Concentration risk — Regulatory: state-regulated utility operations (95.0%). Chart setup: Trend continuation, RSI 63, MACD bullish. Earnings in 1 day. Wait until post-earnings. Analyst target $60.90 reached (−5.3%), stop $60.73 (−5.8%), A.R:R -0.7:1. Score 5.2/10, moderate confidence.
Analyst target $60.90 reached (−5.3% from $64.28); no take-profit level is published. Analyst target $60.90 reached (−5.3%), stop $60.73 (−5.8%), A.R:R -0.7:1. Stop-loss: $60.73.
Concentration risk — Geographic: Virginia (80.0%); Concentration risk — Regulatory: state-regulated utility operations (95.0%); Analyst target reached - limited upside remaining.
Dominion Energy, Inc. trades at a P/E of 22.2 (forward 16.8). TrendMatrix value score: 5.4/10. Verdict: Buy (Wait for Entry).
23 analysts cover D with a consensus score of 3.5/5. Average price target: $70.
What does Dominion Energy, Inc. do?Dominion Energy serves approximately 4.1 million electric customers in Virginia, North Carolina, and South Carolina...
Dominion Energy serves approximately 4.1 million electric customers in Virginia, North Carolina, and South Carolina with 30.7 GW of generating capacity. About 95% of earnings come from state-regulated utility operations with rates set by state commissions and FERC. A $65 billion capital plan for 2026–2030 targets offshore wind, solar, and grid transformation to meet data center-driven demand.