DTE Is Sitting on an AI-Era Power Opportunity

Quick Read DTE Energy holds 2.4 GW of signed data center deals with between 5 and 6 GW more in the pipeline, supporting a $148 price target and 13% upside. CEO Joi Harris confirmed Oracle's 1.4 GW project is under construction and Google's 1 GW deal could drive $5 billion in incremental capex through 2032. CMS Energy's $24 billion capital plan and WEC's premium valuation both support DTE's forward P/E of 16 as reasonable and undervalued. Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor) DTE Energy (NYSE:DTE) is quietly turning into one of the most direct Michigan plays on hyperscale data center power demand. With 2.