TLDR
- Dominion dips 2.38% to $64.39, even as Q4 revenue and EPS beat.
- Q4 revenue hit $4.09B; operating EPS rose to $0.68, topping estimates.
- 2026 operating EPS guided at $3.45–$3.69, with steady growth outlook.
- Long-term EPS growth stays 5%–7% through 2030, with upside bias later.
- Stock up 12.6% YTD, but “hold” ratings and rich valuation cap upside.
Dominion Energy (D) shares traded lower in intraday action as the stock fell 2.38% to $64.39 despite solid quarterly results. The company posted stronger revenue and earnings, yet the share decline extended its recent downward trend. The new guidance and long-term earnings targets signaled continued operational momentum.
Q4 Results Show Consistent Strength
Dominion Energy reported higher operating revenue for Q4 as it reached $4.09 billion and moved past consensus expectations. The company also posted operating earnings of $0.68 per share, which exceeded forecasts and advanced from the prior year. Management highlighted stronger customer usage and renewable energy benefits as key earnings drivers.
The quarterly performance reflected continued execution across regulated operations and supported operational gains in Virginia. The segment results demonstrated improving rate structures and stronger load demand across service areas. Renewable energy investments continued to support earnings through available production tax credits.
The company also reported full-year 2025 GAAP net income of $3.45 per share, which rose from the previous year. Full-year operating earnings reached $3.42 per share and showed a clear improvement from 2024. The company entered 2026 with a stronger base for additional profit growth.
Guidance Signals Steady Expansion Through 2030
Dominion Energy issued its 2026 operating earnings guidance with a range of $3.45 to $3.69 per share. The midpoint of $3.57 per share included income from renewable natural gas incentives. Long-term operating EPS growth expectations of 5% to 7% were extended through 2030.
The company emphasized an upward bias toward the higher end of its growth range for 2028 to 2030. This target aligned with ongoing investment plans across regulated and clean-energy assets. Moreover, credit and dividend guidance remained unchanged and reinforced stability across the capital framework.
Management noted that earnings sustainability will depend on consistent execution and constructive regulatory outcomes. The outlook reflected a continuation of current strategic priorities across the company’s energy portfolio. Operational discipline remained central to the long-range performance plan.
Market Context and Analyst Positioning
Dominion Energy shares have risen 12.6% since the start of the year and outperformed the S&P 500’s broader gain. The stock recently traded at 18 times next-year earnings compared with 16 times three months earlier. Valuation expansion signaled a shift toward higher expectations.
Analyst ratings showed a majority hold stance with limited buy ratings across coverage groups. The median 12-month price target was $65.00, slightly below the latest closing price. The peer group maintained an average buy rating, highlighting broader sector confidence.
Dominion Energy has surpassed earnings and revenue estimates for four straight quarters and maintained consistent operating performance. The stock reaction reflected pressure from broader trading trends rather than weaker fundamentals. Momentum may stabilize as markets process the guidance update and long-term earnings commitments.





